Money Project

Year 3 had a bake sale on Wednesday 24th April. This was the end of a project that the children had worked extremely hard on. The children were given £50 to spend as a class. After a long discussion the children decided to spend some of the money on ingredients to make biscuits to sell in the hope of making a profit. The children then had to work out what ingredients they needed, how much of each item was needed, how much each ingredient would cost and how much this would come to altogether. Once they had found this out in groups they then had to decide how much to sell each biscuit for. They had to take into account how much they were going to spend on ingredients and how much they thought the biscuits were worth. The children decided on 85p per biscuit. This was motivated by how much profit they would receive. The children did discuss whether their parents would want to pay this much for a biscuit. The children got the classroom ready for the sale by making signs, invitations and posters. The bake sale was a huge success. After the bake sale the children decided, after much research on how much the items they wanted to buy were, to buy a tropical fish task and tropical fish. We will keep you updated with what they choose. Here are some pictures from the bake sale: