Business Math Project Ideas

Instructor: Kerry Gray

Kerry has been a teacher and an administrator for more than twenty years. She has a Master of Education degree.

Business math focuses on the skills that students will need to understand as a citizen and consumer in their community. This asset contains projects related to business math.

Business Math

Every day people in your community use math to make financial decisions that impact their lives. From filling out a tax return to making a realistic food budget, math matters to your students. The following projects allow students to apply what they have learned to relevant real-world scenarios. Students will work collaboratively to research the cost of taxes, an event budget, and make credit card comparisons before creating visuals related to their research to share with the class.



  • computer/internet
  • W-2 form (pre-filled)
  • 1040 tax form

Guiding Questions:

  • What types of taxes do people in your community pay? (federal/state/local income, property, sales, motor vehicle use, sin taxes, …)?
  • What is the tax rate for each type of tax?
  • How much of your income will go to taxes?


  • Divide students into pairs or small groups.
  • Have students determine their annual income if they work 40 hours a week 52 weeks a year at the current minimum wage rate.
  • Have students fill out a 1040 tax form using a prepared W-2.
  • Have students determine their income tax rate for federal and state taxes.
  • Have students research what other taxes apply to their personal situation and figure out the amount.
  • Have students create a slide presentation that explains the difference between their annual salary and the actual amount they are able to count as part of their budget after paying taxes.

Dinner Party Budget


  • computer/internet/printer
  • grocery/party store flyers or catalogs
  • scrapbook pages

Guiding Questions:

  • What will the total cost of the party be?

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