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Year 9 - Maths

Sales and marketing

Maths in the workplace

Unit Summary

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Lesson Summary

You will learn to understand how maths is used in sales and marketing.

Key Notes

  • When considering how much to spend on an ad campaign, you need to determine its worth
  • Google analytics can help with analysing the impact of an ad campaign

Vocabulary To Learn

  • Profit: Profit is a business' financial gain; the difference between the revenue and the cost.

Common Mistakes To Avoid

  • Reducing the cost to increase sales is always the best option.

3 Quick Questions (With Answers)

1. Solve this in steps: explain the method from this lesson and why each step matters.

When considering how much to spend on an ad campaign, you need to determine its worth. Google analytics can help with analysing the impact of an ad campaign.

2. Use this key word in a maths sentence and explain it clearly. 'Profit'

Profit is a business' financial gain; the difference between the revenue and the cost. Use this word when showing your method, then check your final answer is reasonable.

3. Spot and fix this common maths mistake.

Mistake: Reducing the cost to increase sales is always the best option. Correction: Although this may seem a good idea, increasing the number of units sold means increasing the amount made and therefore the cost to the business. Therefore the situation needs to be carefully considered.

More Lessons In This Unit

Browse all guides in the Year 9 Maths guide library.