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Description

How does a manufacturer decide how much to charge for a product? Dyed scarves are used as an example. Simple addition, multiplication and percentages are used as part of the process.
Maths File
This clip is from:
Maths File, Money
First broadcast:
12 January 1998

Classroom Ideas

Could be used in functional maths or percentages practice. An artist who makes silk scarves discusses how she prices her products, considering raw materials, time and office costs, and profits too, before then adding VAT.