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You are planning to sell brownies in a bake sale at your school to raise some money for a
low-cost public school. The profit you make will be used to sponsor stationery items for students
in that school.
You need to decide the price for your brownies at which you will make profit. You obviously want
to maximize your profit but can’t price the brownies at a very high price either.
You are selling brownies but be mindful that the canteen already has brownies which are priced
at 150 per piece. Moreover, not many students bring cash to school, a lot of them bring packed
lunches from home.
You also need to decide the time at which you will sell them. You can either sell them during the
short break (10:30 - 10:45 am) or long break (01:00-01:30 pm). PYP has their short break
separately from MYP, but their long break is together.
Cocoa Powder
Sugar
Flour
Butter
Chocolate
b) If you cut out 20 pieces from this, what would be the cost of one piece?
Now that you know the cost, let’s decide the price we should set in order to make profit.
c) Identify the relevant factors which you need to consider before deciding the price.
d) What price would you keep the food item for and how much profit will you make?