Calculating Profit Practice

Eve bought 15 small pencil sharpeners to sell in her store. She sold all 15 of the sharpeners. Eve made a list about what she did. 

Price paid for the 15 sharpeners: $9.84

Cost of shipping: $2.95 

Selling price for EACH sharpener: $2 

What was Eve's profit from selling all of the sharpeners?

• $17.21
• $20.45
• $5.36
• $12.79

Tags

CCSS.7.EE.B.3

CCSS.7.NS.A.1

CCSS.7.NS.A.3

Landon made a picnic table to sell for a profit. He made a list about what he did.

Price paid for wood: $43

Price paid for nails: $5.48

Cost of paint: $7.50

Selling price: $100

What was Landon's profit from selling the picnic table?

• $95.48
• $52.50
• $44.02
• $107.50

Tags

CCSS.7.EE.B.3

CCSS.7.NS.A.1

CCSS.7.NS.A.3

Ann bought an old lamp at a garage sale. She fixed it up and sold it for a profit. Ann made a list about what she did. 

Price paid for the lamp: $5 

Cost to repair: $3.44 

Cost to paint: $7.24 

Selling price: $29 

What was Ann's profit from selling the lamp?

• $1.12

• $5.76
• $20.88
• $13.32

Tags

CCSS.7.EE.B.3

CCSS.7.NS.A.1

CCSS.7.NS.A.3

Sal made 24 cupcakes to sell at his bakery. He sold all of the cupcakes that he made. Sal made a list about what he did. 

Price paid for the ingredients: $31.62

Price paid for the paper liners: $5.08

Selling price for EACH cupcake: $3 

What was Sal's profit from selling all 24 cupcakes?

• $36.30

• $0.00
• $10.00
• $35.30

Tags

CCSS.7.EE.B.3

CCSS.7.NS.A.3

Amy bought an old coffee table at a junk sale. She fixed it up and sold it for a profit. Amy made a list about what she did. 

Price paid for the coffee table: $12 

Cost to repair: $7.71 

Cost to paint: $6.09 

Selling price: $39.75 

What was Amy's profit from selling the coffee table? 

• $13.95

• $32.50
• $17.82
• $10.64

Tags

CCSS.7.EE.B.3

CCSS.7.NS.A.1

CCSS.7.NS.A.3

Ben made homemade ice cream and sold it at the county fair for a profit. Ben made a list about what he did. 

Price paid for the ingredients: $58.93 

Price paid for the cups and spoons: $15.75

Selling price for all of the ice cream: $154.25 

What was Ben's profit from selling the ice cream?

• $79.57
• $120.91
• $62.34
• $95.18

Tags

CCSS.7.EE.B.3

CCSS.7.NS.A.1

CCSS.7.NS.A.3

Jane made a quilt and sold it for a profit. She made a list about what she did. 

Price paid for fabric: $19.45

Price paid for thread: $5.33 

Price paid for other supplies: $5.61

Selling price: $75 

What was Jane's profit from selling the quilt?

• $19.45
• $5.33
• $75.00
• $44.61

Tags

CCSS.7.EE.B.3

CCSS.7.NS.A.1

CCSS.7.NS.A.3

Evan bought an old mirror at a thrift store. He fixed it up and sold it for a profit. Evan made a list about what he did. 

Price paid for the mirror: $10 

Cost to repair: $1.95 

Cost to paint: $3.88 

Selling price: $35 

What was Evan's profit from selling the mirror?

• $15.12
• $25.50
• $30.75
• $19.17

Tags

CCSS.7.EE.B.3

CCSS.7.NS.A.1

CCSS.7.NS.A.3

Kate ordered a dozen fancy pens to sell in her stationary store. She sold all twelve of them for a profit. Kate made a list about what she did. 

Price paid for the dozen pens: $21.98

Cost of shipping: $4.00 

Selling price for EACH pen: $4 

What was Kate's profit after she sold all twelve of the pens?

• $22.02
• $20.98
• $25.00
• $18.02

Tags

CCSS.7.EE.B.3

CCSS.7.NS.A.1

CCSS.7.NS.A.3

John bought an old rocking chair at a garage sale. He fixed it up and sold it for a profit. John made a list about what he did. 

Price paid for the rocking chair: $8.50 

Cost to repair: $9.25 

Cost to paint: $4.38 

Selling price: $44.00 

What was John's profit from selling the rocking chair?

• $22.87
• $35.62
• $13.75
• $-1.24

Tags

CCSS.7.EE.B.3

CCSS.7.NS.A.1

CCSS.7.NS.A.3