Math 7 Shopping Project -Honors Name______
Objective: Students will use what they’ve learned about percents and apply it to real world situations.
You have money from Christmas and want to spend it. You’re ready to shop and even have coupons to save some money. Let’s find out how much this little shopping trip is going to cost you!
Directions:
1. Calculate the missing value(s) for at least 8 items at Stacy’s, Next Buy, and Toys R Fun. This will be attached to your final project.
2. Decide on at least 2 items from 2 stores that you will buy for yourself, family, or friends.
3. Create a receipt for the 2 stores (see directions below).
4. You must use at least one store coupon while you shop which will be deducted from the store total before taxes. (This should be included on the receipt.) Stacy’s 15% off your total, Next Buy 10% off one item, or Toys R Fun 30% off site wide.
5. Buy lunch at Jason’s Deli; purchase an entrée and a drink, minimum. You will pay tax and leave a 20% tip. Create a receipt for the purchase.
6. You decide to use a credit card at one of the stores. You’ll pay it off after 3 months. They charge 24.5% interest monthly. When you create the receipt for this purchase make sure to include the price you will end up paying.
7. Calculate the total price of your shopping trip.
8. Tell me what you learned during this project. Why did you choose the store you did to charge to the credit card? Would there have been a better option? How much do you think the purchases you made were marked up? What is your reason for this conclusion? Pick a store and find out how much their markup is on an item of your choice. How can you use percents in the real world? Ask a parent or another adult about compound interest, document what they told you and how it might affect your credit card purchase. Answer these questions in complete sentences on the attached sheet of paper.
9. Create a presentation of a summary of your purchases on 11 x 17 inch paper, poster board, or using Glogster, Prezi, Animoto, or another technology approved by your teacher. Show work and attach to this sheet! You may use a calculator. You will be graded according to the rubric below. This is your major grade. Remember:
Receipts for each store should look like a real receipt and show:
· Itemized list of purchases with pre-tax cost of each item purchased at that store
· Correct use of at least one coupon during your shopping trip
· The sales tax you will pay at that store (see Tax Rates below)
· When creating the receipt for Jason’s Deli, include a 20% tip
· The final cost at the store after discounts, tax, and tip
Tax Rates:
Stacy’s, located in Sugar Land, TX: 8.25%
Next Buy, located in Houston, TX: 8.3%
Toys ‘R Fun, located in Katy, TX: 7.63%
The Deli, located in Katy, TX: 7.63%
Presentation Grading Rubric: Name______
Item / Points Possible / Self-Grade / Points EarnedItemized receipts created for each store. They include itemized purchases, correct use of coupon and correct calculations of tax, and tip (when necessary). Total is included. / 30
Accuracy: All calculations for total, tax, tip, and interest rate are accurate and WORK is shown. / 15
Write-up includes all questions answered correctly, students elaborate and include details when necessary. Math vocabulary is used in answering the questions. (markup, discount, tax, percent, interest etc.) / 25
Missing values for 8 items calculated correctly. / 15
Neatness, grammar, spelling, vocabulary usage and creativity of finished product. Self-grade is complete including questions answered. / 15
Extra Credit: calculate the missing values for all items correctly for 10 points. Shop at all three stores and create another receipt 10 points.
Total: / 100
What are you most proud of?
What do you wish you could change?
Name______
Directions: Answer these questions in complete sentences. Tell me what you learned during this project. Don’t forget to use the vocabulary : markup, discount, tax, percent, interest.
1. Why did you choose the store you did to charge to the credit card?
2. Would there have been a better option?
3. How much do you think the purchases you made were marked up?
4. What is your reason for this conclusion?
5. How can you use percents in the real world?
6. Ask a parent or another adult about compound interest, document what they told you and how it might affect your credit card purchase.
7. What other interesting information did you learn?
Stacy*s
Sterling and Diamond Bracelet Pearl Necklace Special! $48 Originally $260
Originally $150 Now 33% off!
______% Off On Sale For $_____
Kitchen Aid Appliances Bulova Watch $194.24 On Sale Regularly $199
25% Off 25% off plus take an additional 10% off today only!
Originally $______Sale Price $______
Men’s Leather Jacket Denim Jeans
Regularly $399.50 Regularly $29.90
On Sale for $135.83 With a 30% Discount!
______% Savings! On Sale For $______
Next Buy
iPod Touch 64 GB Nikon CoolPix Camera
On Sale For $279.92 Originally $149.80
Originally $349.90 Now 15% Off
______% Savings! Sale Price is $______
Kodak 9” Digital Frame Surround Sound Headphones
Sale Price $119 Originally $209
18% Off Original Price Now $156.75
Original Price $______% Off
Apple iPad 16 GB Kindle Fire
Originally $499 Originally $199
10% Off plus an additional 17% Savings!
3% off today only!
Sale Price $______Sale Price $______
Toys R Fun
Electric Guitars Original Price: $127.75
Receive a 28% Discount at the Register!
Sale Price $______
Xbox 360 Video Games
Original Price: 59.98 Each
Buy 2 for $ ______
Total Savings of ______% on 2
Telescopes
On Sale for $79.75
A Savings of 28%!
Original Price $______
Razor MX500 Dirt Rocket
$379 after $50 Rebate
Original Price $______
Percent Discount: ______%
Jason’s Deli