Module 6 Study Guide

Front

What is the formula to calculate the area of a rectangle?

Back

Area = Length × Width

Front

If a rectangle has a length of 52 feet and a width of 29 feet, what is its area?

Back

1508 ft² (approximately 1500 ft² for estimation)

Front

What is profit in a business context?

Back

Profit is the amount of money a business makes after subtracting expenses from revenue.

Front

If Jamie sells a box for $20 and it costs her $13 to make, what is her profit per box?

Back

$7 per box

Front

How do you calculate total profit from selling multiple items?

Back

Total Profit = (Selling Price - Cost Price) × Number of Items Sold

Front

If Jamie sells 5 boxes, what is her total profit?

Back

Total Profit = ($20 - $13) × 5 = $35

Front

What is the cost per shirt for Sam's T-shirt printing business?

Back

$4 per shirt

Front

If Sam sells each shirt for $10, what is his profit per shirt?

Back

Profit per shirt = Selling Price - Cost Price = $10 - $4 = $6

Front

How do you calculate total profit for Sam's T-shirt sales?

Back

Total Profit = Profit per shirt × Number of shirts sold

Front

If Sam sold 327 shirts last month, what was his total profit?

Back

Total Profit = $6 × 327 = $1,962