A junior entrepreneurship maths investigation for KS2 pupils.
This activity gets pupils reasoning about the business considerations of running a stall by asking them to work out how to pick a product and price point that will generate the most profit!
Possible extensions:
- Work out the ‘breakeven point’ (when profit = expenses) for each product, depending on the price point chosen
- If your budget doubled to £60, which two products would you choose to make and sell? Why?
- Work out the return on investment (ROI) as a percentage. This is
PROFIT divided by EXPENSES (£30), then X100 for the % answer
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