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YEAR 6 · PERCENTAGES AND FINANCIAL MATHS · 11 MIN

Comparing choices, risks and consequences

Compare practical purchases using cost, need, possible extra expenses and the consequences of a choice.

In this lesson

Before you start
  • Simple budgets
  • Comparing prices
  • Finding totals
01 / LEARN

Understand the idea.

Compare what the choice really provides

Compare purchases that meet the same need. Check the quantity required, the total to pay and the budget. A larger pack may cost less per item while still costing more money than you have available.

Price is only one stated consideration. Durability, waste, delivery and usefulness can affect the choice. Explain these trade-offs using the information supplied, without inventing a money value for a benefit or cost that has not been measured.

Test a possible extra cost

A risk is an uncertain event that could change a plan. Work out a supplied extra fee or alternative cost before making the comparison. Add a one-off fee once, and a cost per use for every required use.

State the assumptions supporting the result. A reusable item is cheaper over several uses only if it lasts and any refills are included correctly. A cost comparison can be exact even when weather or other non-price factors still affect the final choice.

02 / WORKED EXAMPLES

See the method in action.

EXAMPLE 01

Worked example 1

A reusable bottle costs 12 dollars. A disposable bottle costs 2 dollars each time. Compare the costs for ten uses, assuming refills for the reusable bottle are free.

Worked solution

  1. 1

    Find the disposable cost for ten uses.

    10×2=20 dollars

    Each of the ten uses requires a separate two-dollar bottle.

  2. 2

    Find the reusable cost for the same uses.

    12+0=12 dollars

    The bottle is bought once and the question says refills are free.

  3. 3

    Compare the total costs.

    20−12=8 dollars

    The reusable bottle costs eight dollars less for ten uses.

  4. 4

    Check the assumptions.

    This conclusion assumes the reusable bottle lasts for all ten uses and no refill fee is charged.

Answer

The reusable bottle is 8 dollars cheaper under the stated assumptions.

EXAMPLE 02

Worked example 2

A group chooses between the two trips shown. If the park also needs a 5-dollar shelter booking, compare final costs.

Total group costs before shelter booking
Cost in dollarsMuseumPark
Entry120
Transport1815
Lunch66

Worked solution

  1. 1

    Total the museum costs.

    12+18+6=36 dollars

    Entry, transport and lunch all contribute to the museum total.

  2. 2

    Total the park costs including the booking.

    0+15+6+5=26 dollars

    The extra shelter fee belongs to the park option and is paid once.

  3. 3

    Calculate the cost difference.

    36−26=10 dollars

    The park remains ten dollars cheaper after including the shelter.

  4. 4

    Interpret the comparison.

    The totals compare cost; weather and suitable activities may still influence which trip the group prefers.

Answer

Museum 36 dollars; park 26 dollars; difference 10 dollars.

03 / YOUR TURN

Try it yourself.

Check your understanding

You need ten pens and have 6 dollars. A pack of ten costs 5 dollars; a pack of twenty costs 8 dollars. Which can you buy?

Show answer & reasoning

The pack of ten.

The ten-pen pack meets the need and costs 5 dollars, within the 6-dollar budget. The twenty-pen pack costs 8 dollars, which exceeds the available money.

Keep practising

6 worksheet questions · 12 marks

Read the questions online
  1. A 15-dollar bottle can be used twelve times with free refills. Single-use bottles cost 2 dollars each. How much is saved by choosing the reusable bottle for twelve uses?
    2 marks
  2. An item costs 24 dollars online plus 6 dollars delivery. A local shop charges 29 dollars with no extra fee. Which total is lower?
    2 marks
  3. A class has 45 dollars and a planned total of 39 dollars. A possible extra fee is 8 dollars. Would the budget still fit if it is charged?
    2 marks
  4. You need eight notebooks. Packs of four cost 6 dollars; packs of ten cost 13 dollars. Compare the lowest cost of each suitable purchase.
    2 marks
  5. A stall expects income of 70 dollars and costs of 46 dollars. If income is 10 dollars lower, what surplus remains?
    2 marks
  6. Two school bags cost 30 and 35 dollars. No information about durability is given. Can you conclude that the 35-dollar bag will last longer? Explain.
    2 marks
Read the worked solutions

Equivalent correct methods earn the corresponding marks. Include units where asked.

  1. A 15-dollar bottle can be used twelve times with free refills. Single-use bottles cost 2 dollars each. How much is saved by choosing the reusable bottle for twelve uses?
    2 marks

    12×2=24; 24−15=9.

    9 dollars.
  2. An item costs 24 dollars online plus 6 dollars delivery. A local shop charges 29 dollars with no extra fee. Which total is lower?
    2 marks

    Online total 24+6=30; local total 29.

    The local shop, by 1 dollar.
  3. A class has 45 dollars and a planned total of 39 dollars. A possible extra fee is 8 dollars. Would the budget still fit if it is charged?
    2 marks

    39+8=47; 47−45=2.

    No; the revised total is 47 dollars, 2 dollars over budget.
  4. You need eight notebooks. Packs of four cost 6 dollars; packs of ten cost 13 dollars. Compare the lowest cost of each suitable purchase.
    2 marks

    2×6=12; 13−12=1.

    Two packs of four cost 12 dollars, which is 1 dollar less than a pack of ten.
  5. A stall expects income of 70 dollars and costs of 46 dollars. If income is 10 dollars lower, what surplus remains?
    2 marks

    Revised income 60; 60−46=14.

    14 dollars.
  6. Two school bags cost 30 and 35 dollars. No information about durability is given. Can you conclude that the 35-dollar bag will last longer? Explain.
    2 marks

    More information is needed; it is valid to compare the prices but not invent a lifetime difference.

    No. The prices alone do not establish durability.
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Curriculum reference & lesson scope

Australian Curriculum v9 and SA Curriculum Mathematics

Fraction/decimal/percentage quantities; discounts; budgets/cost predictions; comparing choices, risks and consequences.

Official curriculum source ↗

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