Intro:There is a cake sale coming up and you plan to sell these flapjacks:
Main:Give pupils the recipe: http://allrecipes.co.uk/recipe/3846/apricot-oat-flapjacks.aspx and either a table of prices or access to a supermarket website, such as http://www.tesco.com/
Pupils work out how much it costs to make a batch of 8 flapjacks and the profit they could make on each one sold.
Extension:What are the most expensive parts of these flapjacks? Try to replace some things in the recipe with something similar in order to make the total cost lower. How much profit would you make now? How cheap could you make them?
Can you find a different cake recipe that would be cheaper to make?
Further Discussions:This cake is slightly cheaper to make than the flapjacks:
You may discuss how some people factor time as money using a basic wage.