4th Math Review

Front

What is profit?

Back

Profit is the amount of money a person makes after subtracting their expenses from their total earnings.

Front

How do you calculate profit?

Back

Profit = Total Earnings - Total Expenses.

Front

What is a fixed expense?

Back

A fixed expense is a cost that does not change from month to month, such as a subscription fee.

Front

What is a variable expense?

Back

A variable expense is a cost that can change from month to month, such as groceries or utility bills.

Front

If a person earns $575 and has expenses of $207, what is their profit?

Back

Profit = $575 - $207 = $368.

Front

What equation represents the total number of computers and phones made by a company?

Back

x = 1,000 + 150, where x is the total number of devices.

Front

How many shelves does Lizzy need for 140 dolls if each shelf holds 14 dolls?

Back

Number of shelves = 140 ÷ 14 = 10.

Front

What is the total cost if you spend $990 on lumber and $68 on paint?

Back

Total cost = $990 + $68 = $1,058.

Front

If you have $2,800 and spend $1,058, how much do you have left?

Back

Amount left = $2,800 - $1,058 = $1,742.

Front

What is the formula to find the total number of items produced?

Back

Total items = Number of item A + Number of item B.