Lesson Plan

Markup and Markdown Problems

Curated and Reviewed by Lesson Planet

There is a 100 percent chance this resource will help pupils connect percents to financial literacy. Young mathematicians use their knowledge of percents to find markups and markdowns in financial situations in the seventh segment in a series of 20. Using black Friday as background, pupils determine the costs of products after multiple discounts.

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CCSS: Designed
Additional Tags
Instructional Ideas
  • Lead a discussion on using the distributive property or the order of operations to solve the problem
  • Stress the connection between percentages and proportions
Classroom Considerations
  • Pupils should be comfortable working with percentages
Pros
  • Includes a vocabulary list of financial terms critical to the lesson
  • Contains several scaffolding suggestions
  • Uses multiple representations for problems
Cons
  • None