Price lists

Key Notes :

  1. What is a Price List?
    • A price list is a document that shows the cost of items or services. It’s like a menu of products or services available for purchase.
  2. Components of a Price List:
    • Items: The list includes various items or services available for purchase, each with its name or description.
    • Prices: The cost of each item or service is clearly mentioned next to its name.
    • Categories: Items might be grouped into categories, making it easier to find what you’re looking for.
  3. Understanding Prices:
    • Learning to read and comprehend the pricing information. For instance, recognizing the currency symbols ($, €, £, etc.) and understanding the numbers associated with them.
  4. Comparing Prices:
    • Comparing prices of different items to determine which might be cheaper or more expensive. This involves basic math skills to identify the best deals.
  5. Using Price Lists:
    • Teaching how to use a price list to make purchasing decisions. Students can practice making hypothetical or real-life buying choices based on the information provided.
  6. Real-World Applications:
    • Exploring how price lists are used in everyday life, like when shopping for groceries, school supplies, or toys. Discussing how understanding price lists can help make informed decisions.
  7. Math Skills and Comprehension:
    • Reinforcing basic math skills such as addition and subtraction to calculate the total cost of items or make change.
  8. Role-Playing and Activities:
    • Engaging in role-playing scenarios, like pretending to shop using a price list, to understand how to navigate and make decisions based on the information given.

Learn with an example

▶️ Miranda has ₹16.00. How much money will Miranda have left if she buys a peppermint candy and a chocolate-covered cherry?

₹___

Find the total cost of a peppermint candy and a chocolate-covered cherry.

₹4.50 + ₹9.50 = ₹14.50

Now subtract the total cost from the starting amount.

₹16.00 – ₹14.00 = ₹2.00

Miranda will have ₹2.00 left.

2) Layla has ₹1,317. How much money will Layla have left if she buys a blueberry cheesecake and an apple tart?

₹_____

Find the total cost of a blueberry cheesecake and an apple tart.

₹650 + ₹664 = ₹1,314

Now subtract the total cost from the starting amount.

₹1,317 – ₹1,314 = ₹3

Layla will have ₹3 left.

3) How much more does a stuffed animal cost than a board game?

₹______

Subtract the price of a board game from the price of a stuffed animal.

A stuffed animal costs ₹328 more than a board game.

Let’s practice!🖊️