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.
- This clip is from:
- First broadcast:
- 12 January 1998
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.