1. Do it now task 1 Work out: 1. 10% of £12000 2. 20% of £9000 3. 50% of £18000 4. 60% of £6000 5. 40% of £12000 Example 1 10% of £2000 £2000 ÷ 10 = £200 Example 2 30 % of £4000 £4000 ÷ 10 = £400 3 × £400 = £1200

2. Do it now task 2 Convert the following to litres: 1. 2 gallons 2. 5 gallons 3. 10 gallons 4. 14 gallons 5. 40 gallons 1 gallon is approximately 4.5 litres Example 3 gallons is 3 × 4.5 litres = 13.5 litres

3. Buying and Owning a Car

4. http://www.youtube.com/watch?v=pvlroEvrFZY

5. What interesting facts did you learn about in this video clip? What important facts are missing from this video clip? What are the financial considerations when buying a new car?

6. Lesson Objective: We are learning to calculate the costs of buying and running a new car over 3 years All: Work out simple percentages of amounts and convert gallons into litres Most: Identify the tax band and calculate the price of a car. Some: Calculate the cost of insurance and fuel for each person over 3 years and the second hand sale value of a vehicle after 3 years.

7. Your task You will be working in pairs You will need to use the booklet provided to help you: 1.Choose a character and then choose their car 2.Work out the cost of buying the new car. 3.Over a three year period: a.Identify the total cost of road tax for the vehicle b.Calculate how much it would cost your character to insure their car over the period c.Calculate the total cost of fuel for your character/vehicle combination d.Work out how much the car will be worth to sell on after three years. 4.Work out the total cost to your character over a three year period. Lo: We are learning to calculate the costs of buying and running a new car over 3 years