Calculate Profit

Front

What is profit?

Back

Profit is the money you get to keep after subtracting expenses from income.

Front

If Jamie sells a box for $20 and the materials cost $13, what is her profit?

Back

$7

Front

Simon sells hamburgers for $3 each. If he sells 12 hamburgers, how much money does he make before expenses?

Back

$36

Front

What is the formula to calculate profit?

Back

Profit = Income - Expenses

Front

If Jackie spends $17 on materials and makes $41 from selling lemonade, what is her profit?

Back

$24

Front

Tom spent $30 on gas and $20 on gloves. If he earned $200, what is his profit?

Back

$150

Front

What do you subtract to find profit?

Back

You subtract expenses from income.

Front

If a business has income of $100 and expenses of $40, what is the profit?

Back

$60

Front

What is an example of an expense for a lemonade stand?

Back

Buying lemons, sugar, and cups.

Front

If you sell a toy for $15 and it cost you $10, what is your profit?

Back

$5