Financial Literacy: Calculating Sales Tax and Discounts

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Do you want to give your students a real-world lesson in math? Then check out our Calculating Sales Tax and Discounts lesson plan! In this lesson, students will calculate and apply sales tax and discounts. They’ll also have a chance to apply what they’ve learned in real-world scenarios.

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Description

Looking for a fun and interactive way to teach your students about sales tax and discounts? Look no further than our Calculating Sales Tax and Discounts lesson plan! In this lesson, students will first get some hands-on practice calculating tax by ordering food from menus. They can then set up their own restaurant or drive-through to add some extra excitement to their learning. Next, students will learn how to calculate discounts from finding an item on sale. And to really drive home the importance of sales tax and discounts, they’ll put their new skills to the test by purchasing items for a holiday on a budget. By the end of this lesson, your students will be experts on sales tax and discounts and they’ll have had a lot of fun along the way!

Additional information

grade-level

5th Grade, 6th Grade

subject

Math

State Educational Standards

LB.MATH.CONTENT.6.RP.A.3.C, LB.MATH.CONTENT.5.NBT.B.7, &
LB.MATH.CONTENT.6.RP.A.3.B

Lessons are aligned to meet the education objectives and goals of most states. For more information on your state objectives, contact your local Board of Education or Department of Education in your state.