Lesson 5 of a series of lessons creating a Theatre Booking System with Year 8 ICT students.

1. Theatre Booking System Lesson 5: Profit and Loss with my Theatre Booking System

2. Although it might seem that charging huge amounts of money for each ticket is a good idea, in reality it isn’t. Why not? We are going to aim to try and make a certain amount of profit from our Theatre Booking System: £500 £1000 £1250 1

3. 2 We need to work out how much profit we can make with our Theatre Booking System. To do that we must know what expenses the Theatre has. 1. Click on Sheet 2 at the bottom of your spreadsheet.

4. 3 2. Enter the expenditure in Sheet You could set it out like this. 3. Work out the total expenditure.

5. 4. Take away the expenditure (Sheet 2) from the revenue (Sheet 1). How much profit have you made? 5. Can you make your Theatre Booking System show the following amounts of profit? £500 £1000 £1250 Press ‘Print Screen’ and paste evidence of each into a document. 4