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WorksheetsRevenue Basics
Total questions: 10
Worksheet time: 11mins
Jamie builds and sells boxes for worm farms. The materials to build cost $13. She sells the boxes for $20. How much profit will Jamie make?
$7
$27
$13
$20
Evan earned $300 by doing yard work. His profit was $250. How much were his expenses?
$550
$300
$250
$50
What are expenses?
money spent on materials or bills
money earned
money you get to keep
If a business has a revenue of $500 and expenses of $300, what is the profit?
$100
$200
$400
$50
Can you provide an example of an expense in a business?
Salaries
Revenue
Hanging out with co-workers
Profit
How can a business increase its revenue?
By implementing outdated marketing strategies
By ignoring operational efficiency and customer base
By decreasing customer base and product lines
By implementing marketing strategies, expanding product lines, increasing customer base, and improving operational efficiency.
In plain language, how would you calculate profit?
The amount of money spent on marketing
Revenue minus both costs and other expenses
The total revenue of a business
The number of products sold by a business
Any money made from the sale of the business’s goods and services
Creditors
Categories
Managers
Revenue
A retail store sets a goal to make $3,000 in sales daily. If each sales representative must contribute equally to reach this goal, and there are 6 reps, how much does each rep need to make in sales?
$300
$450
$500
$600
If Sam is selling hamburgers for $5 each, how many hamburgers does he need to sell to get his sales revenue at $500?
100
10
1
50
