Y5 - Market Place Budgeting

Lesson: Maths

Class: Year 5 Year: 2023 - 2024

Year 5 have been busy preparing for St Basils's Market Place. We have taken our budget of £20 and spent it on beads and string, cardboard holders, a jar and sweets. This has spent out £20 and now we hope to generate more money to make a profit. Our estimated profits varied between £70-£110!

'I think that if the whole class of 30 children make 4 phone charms each and we sell them for £1 each, then we should generate £120 - £20 that we have spent. Which is £100 profit. I think that we should charge 50p for a go of 'Tin Can Alley' and for every 20 children that play, we will make an extra £10 profit on top. We also have a 'Guess the total amount of sweets in the jar' competition which is 50p a go too. I can't wait to see how much money our class generate!' Lewis