Quiz about Calculating Profit Practice

Question 1

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?

Accepted Answer

$17.21

Answer

$20.45

Answer

$5.36

Answer

$12.79

Question 2

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?

Accepted Answer

$44.02

Answer

$95.48

Answer

$52.50

Answer

$107.50

Question 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?

Accepted Answer

$13.32

Answer

$1.12

Answer

$5.76

Answer

$20.88

Question 4

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?

Accepted Answer

$35.30

Answer

$36.30

Answer

$0.00

Answer

$10.00

Question 5

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?

Accepted Answer

$13.95

Answer

$32.50

Answer

$17.82

Answer

$10.64

Question 6

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?

Accepted Answer

$79.57

Answer

$120.91

Answer

$62.34

Answer

$95.18

Question 7

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?

Accepted Answer

$44.61

Answer

$19.45

Answer

$5.33

Answer

$75.00

Question 8

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?

Accepted Answer

$19.17

Answer

$15.12

Answer

$25.50

Answer

$30.75

Question 9

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?

Accepted Answer

$22.02

Answer

$20.98

Answer

$25.00

Answer

$18.02

Question 10

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?

Accepted Answer

$22.87

Answer

$35.62

Answer

$13.75

Answer

$-1.24

Calculating Profit Practice

10 questions

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?

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?

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?

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?

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?

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?

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?

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?

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?

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?

Create a free account and access millions of resources

Similar Resources on Wayground

Popular Resources on Wayground

Discover more resources for Mathematics

Calculating Profit Practice

10 questions

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?

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?

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?

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?

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?

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?

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?

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?

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?

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?