Break Even Challenges: Profit & Loss Calculations

Break Even Challenges: Profit & Loss Calculations

8th Grade

10 Qs

quiz-placeholder

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Break Even Challenges: Profit & Loss Calculations

Break Even Challenges: Profit & Loss Calculations

Assessment

Quiz

English, Mathematics

8th Grade

Hard

Created by

Anthony Clark

FREE Resource

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A bakery sells cupcakes for $3 each. The fixed costs for running the bakery are $150 per day, and the variable cost to make each cupcake is $1. How many cupcakes must the bakery sell to break even?

60

100

75

50

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A concert venue charges $20 per ticket and has fixed costs of $2,000 for the event. If the variable cost per ticket sold is $5, how many tickets need to be sold to break even?

150

250

300

200

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A company produces t-shirts at a fixed cost of $500 and a variable cost of $10 per shirt. If they sell each shirt for $25, how many shirts do they need to sell to make a profit?

50

34

20

40

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A lemonade stand has fixed costs of $30 for supplies and sells lemonade for $2 per cup. If the cost to make each cup is $0.50, how many cups must be sold to break even?

20

15

25

30

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A gym charges a monthly membership fee of $40. The fixed costs for running the gym are $1,200 per month, and the variable cost per member is $10. How many members are needed to break even?

40

30

60

50

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A book publisher has fixed costs of $1,000 and a variable cost of $5 per book. If they sell each book for $15, how many books must they sell to break even?

200

100

50

75

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A food truck has fixed costs of $200 per day and sells tacos for $4 each. If the cost to make each taco is $1, how many tacos must the food truck sell to break even?

75

100

67

50

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