Personal Financial Literacy - Calculating Profit

Profit equals...

• revenue minus cost

• cost plus revenue

• profit minus revenue

Tags

CCSS.7.EE.B.3

If I sell my bike for $100, and I spend $50 to fix it before I sell it, my profit would be...

• $100

• $50

• $150

Tags

CCSS.7.NS.A.3

If you sell a Nintendo Switch game for $80 and you spent $40 to buy it, your profit would be...

• $80

• $40

• $20

Tags

CCSS.7.EE.B.3

If I run a business that had $5,000 revenue and $2,000 cost in one month, my profit that month would be...

• $3,000

• $7,000

• $2,000

• $5,000

Tags

CCSS.7.EE.B.3