A grasp of basic arithmetic is important when running a business. It's not that hard, just a bit of addition and subtraction and multiplication, right? I was in top set at Maths, and so was Kate P. Top set out of 6-7 sets as well, so we weren't daft. I got a B for GCSE. I don't know what Kate got but it'll be a C or above. This is how our conversation went on Saturday:
Rowan: So, I think I'm going to get a book binder for all the left over covers of the books I use
Kate: Great idea
Rowan: Yeah they are £50 for the machine, so I think I could sell notebooks for £5 each, but I'd have to sell 100 before I made my money back on the machine alone
Kate: Rowan, you wouldn't have to sell 100! Just 20!
Rowan: Oh well, that's easier
Kate: You wouldn't even have to sell 20 you'd have to sell 10.
Rowan: Oh good grief, yes.
The thing is, it's just mental arithmetic. Thank heavens for the iPhone calculator is all I can say! Is there anything basic you never quite got the hang of? Humour me here!!