Students calculate discounts, markups, sales taxes, tips, percent increases, and percent decreases using appropriate original amounts, decimal multipliers, sequential changes, and accurate money rounding. They determine gross earnings and pay from hourly wages, salaries, commissions, bonuses, and straightforward overtime, interpret payroll deductions, and calculate net income from fixed-dollar and percentage deductions. They create and analyze personal budgets by classifying expenses, calculating totals and savings, comparing financial options using rates and fees, and applying simple interest to interpret principal, rate, time, interest, and total amount.
On this page:
- Master skills like “Calculate simple interest”, “Interpret common payroll deductions”, and “Calculate earnings from hourly wages” with unlimited, free practice problems
- Download (or modify) free worksheets on Financial Literacy you can use at home or in class with practice problems across all skills in this group including “Interpret principal, interest rate, and time”, “Calculate discounts, markups, taxes, and tips”, “Calculate percent increase and percent decrease”.
- Start working on adaptive units like “Percentages - Tax, Tips, and Discounts” or “Percents and Simple Interest - Intro” that include these skills and will introduce and scaffold the skills carefully for maximum learning.
Financial Literacy: Individual Skills
Master 12 individual skills with free practice problems. Mouseover to see the skill's practice problems. Create a free account to track your progress.
Your results
- Calculate discounts, markups, taxes, and tips
- Calculate earnings from hourly wages
- Calculate gross pay from different compensation structures
- Calculate net income from gross income and deductions
- Calculate percent increase and percent decrease
- Calculate simple interest
- Compare financial options using rates, fees, and total cost
- Compare simple interest earned over different periods
- Distinguish fixed, variable, and discretionary expenses
- Evaluate financial decisions using mathematical reasoning
- Interpret common payroll deductions
- Interpret principal, interest rate, and time
Practice 'Calculate discounts, markups, taxes, and tips'
Select any skill in this group by hovering over the list above. Unlimited free practice problems, automatically graded.
Hover a skill above to start practicing.
Download/Modify Free Grade 9 'Financial Literacy' Worksheet
Print this free 'Financial Literacy' worksheet to practice these skills away from the computer. Click 'Modify' to easily customize this worksheet to your exact needs.
This Worksheet Includes:
- Calculate discounts, markups, taxes, and tips
- Calculate earnings from hourly wages
- Calculate gross pay from different compensation structures
- Calculate net income from gross income and deductions
- Calculate percent increase and percent decrease
- Calculate simple interest
- Compare financial options using rates, fees, and total cost
- Compare simple interest earned over different periods
Units Teaching These Skills
These adaptive units introduce, teach, or reinforce skills in this group (Financial Literacy) through scaffolded problems that grow in difficulty as concepts are understood.