Household finance & best buy

This resource consists of 12 questions based on household finance and best buy options. The questions are aimed at mid to high-ability students in Key Stages 3 and 4.

The concepts covered are:

1. Using percentages to calculate special offers
2. Value for money
3. Using percentage discounts when purchasing rail tickets in advance
4. Buy now compared to buying on credit
5. Total cost of a holiday when comparing hotels, flights and other costs
6. Wages and Salaries comparison
7. Extracting information from tables to calculate costs
8. Delivery charges based on distance
9. Cost of gas and electricity

There is a high degree of literacy in many of the questions, which is ideal in indicating to students the importance of thoroughly reading questions, particularly when considering the new G.C.S.E. 9-1 curriculum. In addition, the questions are an excellent accompaniment to the teaching of personal finance.

All questions contain full worked solutions.