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Understanding Profit Calculation

Understanding Profit Calculation

Assessment

Interactive Video

Mathematics

5th - 6th Grade

Practice Problem

Hard

Created by

Jennifer Brown

FREE Resource

5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main idea of the student's presentation on making a profit from seashells?

Profit is guaranteed with seashells.

Collecting seashells is the only step needed.

There are multiple steps involved in making a profit.

Seashells are not profitable.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which mathematical operation is essential for calculating profit?

Addition

Multiplication

Subtraction

Division

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the formula for calculating profit?

Profit = Sale Price x Costs

Profit = Costs - Sale Price

Profit = Sale Price - Costs

Profit = Sale Price + Costs

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How much profit does Claire make per bar of soap?

$10

$8

$6

$2

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is AJ's profit from selling the refinished dresser?

$100

$60

$300

$240

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