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Student Instructions
Learning intention: Create simple financial plans Use your understanding of financial mathematics to answer the following questions. You may use a calculator. *Be mindful that these questions require multiple steps- make sure you document your working out on the page.
Teacher Notes (not visible to students)
Based on Twinkl.com Year 5 Money and financial mathematics assessment. 1. Award one mark for each correct answer. a) 55c b) 33c c) 15c d) 73c 2. Award one mark for each correct answer. a) $11 b) 25% off $8.40 c) 50% off $12.30 d) 25% off $29.60 3. Award one mark for calculating the profit for each item and one mark for calculating how many sales required to raise $100. a) Profit per cupcake is $2.25. 45 cupcake sales to raise $100. b) Profit per face is $1.65. 61 faces painted to raise $100. c) Profit per plant is $1.85. 55 plant sales to raise $100. d) Answers may vary. Award two marks for answers in consideration of profit margin, time and other reasonable considerations. 4. Award one mark for the answer and one mark for explanation of financial calculations. Two weeks. $14 earned per day equals $98 per week subtract $9 movie ticket is $89. Total marks: 18
