Budding Entrepreneurs (Spring 6)

mathsMathematics

Using your maths skills, you will need to make a log of all the items you have to sell. This is a good time to work out how much money you might raise if you sell everything, or if you sell ¾ of your products or only half. As each item is sold, you will need to have a system of recording each sale.

At the end of the sale, you will then know how many of each product you have sold and therefore how much money you should have in your money box. You then need to add up the value of the receipts and then check that total against the money in the till. If it is different, then something has gone wrong – perhaps too much or too little change was given to your customers, someone forgot to issue/give a receipt, some money fell under the table or is lost, the prices got mixed up.