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QR Challenge: trading profit and loss

Created using the ClassTools QR Treasure Hunt Generator

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Teacher Notes

A. Prior to the lesson:

1. Arrange students into groups. Each group needs at least ONE person who has a mobile device.

2. If their phone camera doesn't automatically detect and decode QR codes, ask students to

3. Print out the QR codes.

4. Cut them out and place them around your class / school.

B. The lesson:

1. Give each group a clipboard and a piece of paper so they can write down the decoded questions and their answers to them.

2. Explain to the students that the codes are hidden around the school. Each team will get ONE point for each question they correctly decode and copy down onto their sheet, and a further TWO points if they can then provide the correct answer and write this down underneath the question.

3. Away they go! The winner is the first team to return with the most correct answers in the time available. This could be within a lesson, or during a lunchbreak, or even over several days!

C. TIPS / OTHER IDEAS

4. A detailed case study in how to set up a successful QR Scavenger Hunt using this tool can be found here.

Questions / Answers (teacher reference)

Question

Answer

1. selling price per unit £30
2. they sell 35,000 units per year
3. they rent a factory for £20,000
4. utilities bills are £10,000
5. insurance costs £800 per year
6. transport costs £15,000 a year
7. the football boot materials cost £8 per pair
8. the boot studs and laces cost £8.50 per pair
9. the packaging and postage costs £3.50
10. there are 3 workers in the shop
11. each worker works 15 hours per week
12. each worker earns £7.50 an hour
13. each worker works 48 weeks per year
14. the business also has to pay 25% of the net profit
15. you calculate the amount of net profit and before they have to pay tax
16. you calculate the amount of profit earned after paid tax
17. advertising costs £2350

 


trading profit and loss: QR Challenge

https://www.classtools.net/QR/decode.php?text=selling_price_per_unit_£30

Question 1 (of 17)

 


trading profit and loss: QR Challenge

https://www.classtools.net/QR/decode.php?text=they_sell_35,000_units_per_year

Question 2 (of 17)

 


trading profit and loss: QR Challenge

https://www.classtools.net/QR/decode.php?text=they_rent_a_factory_for_£20,000

Question 3 (of 17)

 


trading profit and loss: QR Challenge

https://www.classtools.net/QR/decode.php?text=utilities_bills_are_£10,000

Question 4 (of 17)

 


trading profit and loss: QR Challenge

https://www.classtools.net/QR/decode.php?text=insurance_costs_£800_per_year

Question 5 (of 17)

 


trading profit and loss: QR Challenge

https://www.classtools.net/QR/decode.php?text=transport_costs_£15,000_a_year

Question 6 (of 17)

 


trading profit and loss: QR Challenge

https://www.classtools.net/QR/decode.php?text=the_football_boot_materials_cost_£8_per_pair

Question 7 (of 17)

 


trading profit and loss: QR Challenge

https://www.classtools.net/QR/decode.php?text=the_boot_studs_and_laces_cost_£8.50_per_pair

Question 8 (of 17)

 


trading profit and loss: QR Challenge

https://www.classtools.net/QR/decode.php?text=the_packaging_and_postage_costs_£3.50

Question 9 (of 17)

 


trading profit and loss: QR Challenge

https://www.classtools.net/QR/decode.php?text=there_are_3_workers_in_the_shop

Question 10 (of 17)

 


trading profit and loss: QR Challenge

https://www.classtools.net/QR/decode.php?text=each_worker_works_15_hours_per_week

Question 11 (of 17)

 


trading profit and loss: QR Challenge

https://www.classtools.net/QR/decode.php?text=each_worker_earns_£7.50_an_hour

Question 12 (of 17)

 


trading profit and loss: QR Challenge

https://www.classtools.net/QR/decode.php?text=each_worker_works_48_weeks_per_year

Question 13 (of 17)

 


trading profit and loss: QR Challenge

https://www.classtools.net/QR/decode.php?text=the_business_also_has_to_pay_25%_of_the_net_profit

Question 14 (of 17)

 


trading profit and loss: QR Challenge

https://www.classtools.net/QR/decode.php?text=you_calculate_the_amount_of_net_profit_and_before_they_have_to_pay_tax

Question 15 (of 17)

 


trading profit and loss: QR Challenge

https://www.classtools.net/QR/decode.php?text=you_calculate_the_amount_of_profit_earned_after_paid_tax

Question 16 (of 17)

 


trading profit and loss: QR Challenge

https://www.classtools.net/QR/decode.php?text=advertising_costs_£2350

Question 17 (of 17)