Calculate Profit

Front

What is profit?

Back

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

Tags

CCSS.6.RP.A.3B

Front

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

Back

$7

Tags

CCSS.3.OA.D.8

Front

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

Back

$36

Tags

CCSS.3.OA.A.3

Front

What is the formula to calculate profit?

Back

Profit = Income - Expenses

Tags

CCSS.7.EE.B.3

Front

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

Back

$24

Tags

CCSS.7.NS.A.1C

Front

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

Back

$150

Tags

CCSS.3.OA.D.8

Front

What do you subtract to find profit?

Back

You subtract expenses from income.

Tags

CCSS.7.EE.B.3

Front

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

Back

$60

Tags

CCSS.7.NS.A.3

Front

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

Back

Buying lemons, sugar, and cups.

Tags

CCSS.4.NF.B.3C

CCSS.4.NF.B.3D

Front

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

Back

$5

Tags

CCSS.7.EE.B.3