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Succeed with maths: part 1

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# 2.2 Practical multiplication

The examples in Activity 4 helped you develop your understanding of multiplying fractions. You will now apply these new skills in a more practical situation in Activity 5.

## Activity 5 Banking with fractions

Timing: Allow approximately 10 minutes

In the New Policy Institute survey, it was found that of the 210 young people had bank accounts. Of these, had overdraft protection and approximately had debit cards.

• a.How many of the people surveyed had overdraft protection?

Hint: how many people from the group had a bank account? The word ‘of’ often translates into multiplication and a whole number can be written as a fraction by placing it over 1. What fraction of those with bank accounts have overdraft protection?

• a. of 210 translates to

So, you know that 126 people have bank accounts. One third of this group have overdraft protection:

Therefore, 42 of the people surveyed have overdraft protection.

• b.How many survey participants had debit cards?

Hint: what fraction of the group with bank accounts also have debit cards?