Activity 01
Market Simulation: Discount Deals
Assign roles as shoppers and sellers with price tags showing percentage discounts. Shoppers calculate final prices and reverse to find originals; sellers verify. Groups rotate roles after 10 minutes and share strategies. Conclude with class tally of common errors.
Explain the difference between calculating a percentage increase and a reverse percentage increase.
Facilitation TipDuring Market Simulation, circulate and ask each group, 'Which number represents the original price here, and why?' to keep discussions grounded in the concept of base values.
What to look forPresent students with two scenarios: 1) A shirt costs $50 and is on sale for 20% off. What is the sale price? 2) A shirt is on sale for $40 after a 20% discount. What was the original price? Ask students to show their working for both calculations.