What is profit?
2022 Math STAAR Review

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Mathematics
•
4th Grade
•
Hard
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1.
FLASHCARD QUESTION
Front
Back
Profit is the amount of money earned after subtracting the costs of doing business. It can be calculated as: Profit = Total Revenue - Total Costs.
2.
FLASHCARD QUESTION
Front
How do you calculate total profit from selling multiple items?
Back
To calculate total profit from selling multiple items, add the selling prices of all items and subtract the total cost of purchasing those items.
3.
FLASHCARD QUESTION
Front
What is the formula to find the difference between two temperatures?
Back
The difference between two temperatures can be found using the formula: Difference = Higher Temperature - Lower Temperature.
4.
FLASHCARD QUESTION
Front
What is the value of a digit in a number?
Back
The value of a digit in a number depends on its position. For example, in the number 726,483.19, the digit 4 has a value of 4 x 100 because it is in the hundreds place.
5.
FLASHCARD QUESTION
Front
What does it mean for a decimal and a fraction to be equivalent?
Back
6.
FLASHCARD QUESTION
Front
How do you divide a total cost among multiple people?
Back
To divide a total cost among multiple people, use the formula: Amount per person = Total Cost ÷ Number of People.
7.
FLASHCARD QUESTION
Front
What is the significance of the decimal point in a number?
Back
The decimal point separates the whole number part from the fractional part in a number. It indicates the position of digits in relation to whole numbers and fractions.
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