Money Math · Lesson Plan
Calculating the Amount of a Discount
Discounts are everywhere when you shop, and figuring the dollars off is just finding the percent of a number. This lesson teaches the ‘of means multiply’ key-word method: convert the percent to a decimal and multiply it by the price to get the amount of the discount. Students practice on twelve problems (answer key included).
For Teachers
Lesson at a glance
- Topic
- Money Math
- Grade Level
- Grades 6–9
- Resource Type
- Lesson + Worksheet
- Estimated Time
- 30–45 minutes
- Format
- Lesson + worksheet + answer key
- Materials
- Printable lesson, worksheet, answer key, calculator
What Students Learn
Learning objectives
- Explain that finding a discount means finding the percent of a number
- Use the ‘of means multiply’ key word to set up an equation
- Convert a percent to a decimal
- Calculate the dollar amount of a discount
- Distinguish the discount amount from the sale price
Materials
What you’ll need
- Printed copies of the lesson and worksheet (one per student)
- Calculators
- Pencils
- Whiteboard or projector for worked examples
Key Terms
Vocabulary
- Discount
- An amount taken off the original price.
- Percent of a number
- A part of a number found by multiplying.
- Decimal
- A percent rewritten for multiplying (e.g., 15% = .15).
- Original price
- The price before any discount.
- Amount of the discount
- The dollars taken off — not the sale price.
- Of
- A key word meaning multiply.
For Teachers
Lesson plan
Estimated time: one 30–45 minute class period.
Lesson sequence
- Introduction (5 min). Pose “What is 15% of $35.00?” and connect it to a store discount.
- Teach the method (12 min). Use the ‘of means multiply’ key word, convert the percent to a decimal, and multiply. Stress that this is the discount amount, not the final price.
- Worksheet (15 min). Students find the amount of twelve discounts.
- Review (8 min). Check answers with the key.
Assessment
Assess the completed worksheet against the included answer key.
Discussion
Discussion questions
- Why does ‘of’ tell you to multiply?
- Why do you convert the percent to a decimal first?
- What’s the difference between the amount of a discount and the sale price?
- Where do you see percent discounts in real life?
- How would a bigger percent change the amount taken off?
Printable Lesson, Worksheet & Answer Key
Calculating the Amount of a Discount — Lesson, Worksheet & Answer Key
A printable lesson with worked examples, a 12-question discount-amount worksheet, and a full answer key.
Unlock the full Money Instructor library
Members get unlimited access to worksheets, lesson plans, and teacher resources across every financial literacy topic — budgeting, taxes, credit, banking, and more.
More Money Math resources
Browse all Money Math resources →
Percent of a Discount Lesson
Students learn to find what percent a discount is of the original price by dividing and converting to a percent, then practice on twelve problems.
Lesson · Grades 3 8Cost Comparison & Unit Cost Lesson
Students learn to find unit cost (price per unit) and compare products to decide the better buy — a core grocery-shopping skill — then practice on real scenarios.
Lesson · Grades 3 8Counting Money — Worksheets and Lesson Plans for Teachers
Printables & worksheet tools