Lesson 2 - Comparing best buys

Introduction

Watch the video for an introduction to the lesson.

Comparing best buys

Duration 1:3

Activity 1 - Introduction to best buys

Watch the video for Kochie’s tips on understanding supermarket sales tactics.

Answer the following questions in your exercise book or folder.

image link to Bulk buying can halve your costs, and not just at supermarkets page on the news.com.au website

Activity 2 - Best buy calculations

You often see businesses advertising buying items in bulk to save money. How do you know if you are actually saving money though? How do you calculate how much money you are saving?

Task 1 - The unitary method

The unitary method we looked at in Lesson 1, can also be used to find the best buy. This method is used to find the value of one ‘unit’. 

By finding the value of one unit you are able to compare items of varying quantities and make informed decisions about which deal is the best value for money. 

Best Buy - bar model explanation

Duration: 4:04

Task 2

Watch the following clip that demonstrates how to use mathematics to determine the best buy. 

Calculating Best Buys (how to use two comparable methods)

Duration: 5:13 

Task 3

Complete the Unit price game activity on the Maths is Fun website to determine the best buy. 

image link to the the unit price game on the maths is fun website

Activity 3 - Determining the best buy

Task 1

Not everything you see on advertisements are necessarily correct. At times the supermarket can show incorrect information that misleads buyers.  

Consider the following three images of pricing. (Note: In the middle image pretend it says dollars and cents instead of pounds and pence.)

Task 2 - Best coupon?

Determine which coupon is best to use by completing the Which is the better coupon activity on the MathsGames website. 

Note: You may have to watch an ad before the game will start.

image link to Which is the better coupon activity on the MathsGames website

Activity 4 - Is buying in bulk always the cheapest option?

Companies like Mega Savers and Costco are famous for selling items in bulk.   

Complete the "Is buying in bulk always the cheapest?" activity using the Google Docs template.

Activities too easy?

Play the Would you rather? game.

Handing in your work

Don't forget to hand in the work you completed today!

Make sure you keep any hand written work you did in your exercise book or folder as your teacher may need to see these when you are back in class.

Student reflection

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