Grade 6 · The Market Year · Week 3

Out of a Hundred

Sixty cents of margin sounds fine. Sixty cents on a four dollar price is a different story.

This game goes with week 3 of the workbook. Do the page first; the game is for seeing the numbers move. Nothing you type is kept.

Margin in dollars, then as a percent

Row a is done on the page: price $4.00, cost $2.60, margin $1.40, and $1.40 out of $4.00 is 35 percent. Do the other four.

Row b: price $2.00, cost $1.50

Row c: price $5.00, cost $2.00

Row d: price $1.20, cost $0.90

Row e: price $8.00, cost $5.00

Two rows have the same margin percent. Which two? and

Your own

Price $ and cost $

Margin $1.40, which is 35% of the price.

The green part is the margin's share of the price. Out of a hundred.

The challenge

It is not $4.20. The page says working out why is the point.

The workbook: The Market Year (free PDF). The teacher guide: answers and watch-fors.

Other weeks with a game: 4 Markup Is Not Margin, 10 Revenue Is a Formula, 11 Change the Price, Change the Line, 12 The Market Detective, 20 Pricing Against Somebody Else, 21 What a Discount Really Costs, 22 Bundles, 23 The Share You Are Going For, 31 Your Share of the Market, 35 Did the Move Work?. All games.