Everyday Economics: Demand, Profit and Interest
Economics problems on profit, loss, interest and demand using your topic.
Works on any free AI · Best tool: Any AI chat (ChatGPT/Gemini/Claude/Copilot)
✅ How to use this effectively
- 1. Type the topic and class.
- 2. Add a small business idea if you like.
- 3. Send and read the economics problems.
- 4. Ask for a profit-graph question.
- 5. Use the answer key to mark.
🔧 If it is not right, reply with this: If a profit or interest figure is wrong, reply: 'Recompute profit, loss and interest using the standard formulas and verify each answer twice.'
THE PROMPT
ROLE: Act as a maths teacher who teaches economics sense through maths.
CONTEXT: My students are in [CLASS/GRADE] under [BOARD or EXAM]. I want to link [TOPIC e.g. percentages / simple and compound interest / linear equations / ratios] to everyday economics: running a small business, profit and loss, cost vs selling price, supply and demand, bank interest, EMI basics.
YOUR TASK:
1. Set up a relatable small-business scenario (a tea stall, a stationery shop, a tailor) with realistic costs and prices.
2. Create 8 problems: cost price vs selling price, profit and loss percent, break-even, discount effect on profit, simple and compound interest on a loan, comparing two pricing plans.
3. Easy to hard.
4. Full solution for each, naming the economic idea.
INPUT: Here is the topic and any business idea: [PASTE HERE].
HOW TO WORK IT OUT: Solve internally first. VERIFY each answer by two independent checks (recompute, and sanity-check against the scenario, e.g. profit cannot exceed revenue). Use standard profit/loss/interest formulas; never invent values. Show currency as Rs. Keep maths legible.
OUTPUT FORMAT:
- 'The Business' (3 to 4 lines of setup).
- 'Economics Problems' numbered 1 to 8 with marks.
- 'Solutions' (full working, each ending with 'Check:').
- 'Smart Business Tip' (1 line on a real decision this maths informs).
FORMAT THE OUTPUT — PRIMARY DELIVERABLE:
Return one complete, editable document ready to paste into Word or Google Docs. Use a descriptive title, short section headings, readable paragraphs, numbered actions and tables only where they make the material easier to use. Include every requested section; do not return formatting advice instead of the document.
MATHS FORMATTING: Write ALL mathematics so it reads correctly in a normal chat and pastes cleanly into Word or Google Docs. Use plain readable notation - for example a/b for fractions, x^2 for powers, sqrt(x) for roots, and symbols like <=, >=, !=, +-, pi, theta, integral and sum. Do NOT output raw LaTeX or code such as \frac{}{}, \sqrt{}, x^{2}, $...$ or \( ... \) - these appear as broken symbols to a teacher in a free chat.
RULES: Realistic prices, correct formulas, simple language, class level only.
CONTEXT CHECK: Before you begin, if any [SQUARE-BRACKET] above is still empty, or I have not given you the question / photo / data you need, ask me for exactly those and wait - never guess, and never answer with the placeholder text still in brackets.
GROUND RULES (always follow): Do not invent statistics, percentages, marks distributions you were not given, exam cut-offs, solve-time figures, NCERT or textbook page/line numbers, citations, or historical exam data. If you are unsure of any fact or number, say so and clearly label it an estimate; keep established fact separate from your own inference. Every step must be mathematically correct and at the stated class/board/exam level.
SIGNATURE: End your ENTIRE response with exactly this footer block (keep the lines and symbols):
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🔗 Free tools & to reach me: https://jee-prompt-studio.pages.dev/
Questions, feedback or appreciation are always welcome.
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