2. Starter
• A sweet shop buys the following:
– 12 cans of pop for 20 p each
– 10 pack of crisps for 15p each
• How much money did the cans of pop
COST ?
• How much did the crisps COST ?
3. WALTs
• Understand models and simulations
• Add formulae to a spreadsheet to work
out costs and profit
4. WILFs
• All students are able to: find cells on a
spreadsheet using cell references and
format these cells
• Even better if: you use a formula to work
out Sukis costs
• Exceptional if: you use cell references to
create a formulae to work out Sukis profit
5. What are costs?
• Costs are how much money Suki spends
on buying the products she sells
• If Suki buys 12 pairs of elbow pads for
£8 each her costs are:
12 x £8 = £96
The number of items How much she paid
she bought for each item
6. Task 1: 10 – 15 mins
• Download and work out Sukis costs in
Lesson 2 Resource 1
• The table is on the tab called Sukis
profit
7. What is profit?
• Suki bought 12 pairs elbow pads for £8 each. The
cost for these pads was £96
• Suki sells 12 pads for £15 and receives a revenue of
£180
• Profit is the money Suki makes for selling her goods.
To work out profit:
Revenue – Costs
£180 - £96 = £84
Sukis revenue for Sukis cost for buying
selling the pads the pads
8. Task 2: 10 – 15 mins
• Work out Sukis profit for each item
• Work out Sukis total profit
