Consumer Arithmetic Part 1

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Elle SD

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Published on May 5, 2020 7:07:03 PM ● Video Link: https://www.youtube.com/watch?v=USH6ttu4EqQ

Duration: 10:35

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#mathematics #tutorials
Math lessons - Consumer Arithmetic Part 1

Consumer Arithmetic is the strand of CSEC Mathematics which focuses on some of the various ways in which our monetary transactions involve Mathematics. In this video tutorial, we will be briefly visiting the topic of hire purchase.

Hire purchase is widely used as a payment scheme for appliances, home furnishings and more. Wouldn't it be a good idea to familiarise yourself with this bit of Mathematics to understand the arithmetic process involved in this calculation?

The video is based on an exam question and has been broken up into 3 parts to focus on the calculations specific to each part of the question. The follow up videos will focus on this question as well but will zone in on the following:

Lesson 2: Comparison of Hire Purchase Price to Cash Price
Lesson 3: Percentage Profit based on Hire Purchase Price

After watching the Consumer Arithmetic series, hopefully you'll ascertain the processes involved in the calculation and be able to recall the algorithmic process of moving from problem to solution on questions similar to these.


Hi my name is Dannielle Seeraj! I am an educator and private tutor specialised in the area of Mathematics. I love sharing my knowledge and using creative mediums to disseminate this information.

Due to the issues prohibiting us from conducting classes normally, we as educators have been faced with the challenge of effectively educating our students through distance learning. While the speed of implementation is a necessity to ensure there was minimal delay in the continuation of teaching, for me, it was important to find a way to prepare resources for my students which would be useful to them and permit them the ease of learning at their own pace.

It took some time to get the idea and resources together. But, I'm pleased to say within my limitations I'm quite content with the way these resources have been coming together and I hope these videos effectively fulfill the purpose they're created to achieve.


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