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QR Challenge: Financial Research Race

Created using the ClassTools QR Treasure Hunt Generator

Teacher Notes

A. Prior to the lesson:

1. Arrange students into groups. Each group needs at least ONE person who has a mobile device.

2. If their phone camera doesn't automatically detect and decode QR codes, ask students to

3. Print out the QR codes.

4. Cut them out and place them around your class / school.


B. The lesson:

1. Give each group a clipboard and a piece of paper so they can write down the decoded questions and their answers to them.

2. Explain to the students that the codes are hidden around the school. Each team will get ONE point for each question they correctly decode and copy down onto their sheet, and a further TWO points if they can then provide the correct answer and write this down underneath the question.

3. Away they go! The winner is the first team to return with the most correct answers in the time available. This could be within a lesson, or during a lunchbreak, or even over several days!


C. TIPS / OTHER IDEAS

4. A detailed case study in how to set up a successful QR Scavenger Hunt using this tool can be found here.


Questions / Answers (teacher reference)

Question

Answer

1. Bob\'s Pita Pit costs $1,000 a day to operate and each pita sells for $6 How many pitas will Bob have to sell to break even
2. Theo owns a house cleaning business He estimates that he has the labour to clean ten houses in one day His costs will be $800 for the day What price does Theo have to charge just to break even
3. If Margaret sold $200,000 in the industry of $2,500,000, what would her percent of the total market be
4. Trevor makes custom baseball bats for the professional league Each baseball bat costs $35 to produce and sells for $100 It also costs Trevor $100,000 in other expenses to run his company If he produced and sold 2,000 bats, what is the profit or loss Trevor has made
5. Aditi has increased the price she charges her customers to cut their lawns to $30 If it still costs her $15 per customer, what is her profit margin now
6. Michael has made $4,000 profit on an investment of $32,000 What is the rate of return he has made

 



Financial Research Race: QR Challenge

https://www.classtools.net/QR/decode.php?text=Financial Research Race
Q1/6:

Bob\'s Pita Pit costs $1,000 a day to operate and each pita sells for $6 How many pitas will Bob have to sell to break even&choe=UTF-8

Question 1 (of 6)

 



Financial Research Race: QR Challenge

https://www.classtools.net/QR/decode.php?text=Financial Research Race
Q2/6:

Theo owns a house cleaning business He estimates that he has the labour to clean ten houses in one day His costs will be $800 for the day What price does Theo have to charge just to break even&choe=UTF-8

Question 2 (of 6)

 



Financial Research Race: QR Challenge

https://www.classtools.net/QR/decode.php?text=Financial Research Race
Q3/6:

If Margaret sold $200,000 in the industry of $2,500,000, what would her percent of the total market be&choe=UTF-8

Question 3 (of 6)

 



Financial Research Race: QR Challenge

https://www.classtools.net/QR/decode.php?text=Financial Research Race
Q4/6:

Trevor makes custom baseball bats for the professional league Each baseball bat costs $35 to produce and sells for $100 It also costs Trevor $100,000 in other expenses to run his company If he produced and sold 2,000 bats, what is the profit or loss Trevor has made&choe=UTF-8

Question 4 (of 6)

 



Financial Research Race: QR Challenge

https://www.classtools.net/QR/decode.php?text=Financial Research Race
Q5/6:

Aditi has increased the price she charges her customers to cut their lawns to $30 If it still costs her $15 per customer, what is her profit margin now&choe=UTF-8

Question 5 (of 6)

 



Financial Research Race: QR Challenge

https://www.classtools.net/QR/decode.php?text=Financial Research Race
Q6/6:

Michael has made $4,000 profit on an investment of $32,000 What is the rate of return he has made&choe=UTF-8

Question 6 (of 6)