STEM Skills 7th #1 Grade

Front

What is profit?

Back

The amount of money a business has left over after paying for their costs.

Front

How do you calculate profit?

Back

Profit = Selling Price - Total Costs.

Front

If Donovan spent $45 on wood, $5 on nails, and $10 on paint, what were his total costs?

Back

Total Costs = $45 + $5 + $10 = $60.

Front

What was Donovan's profit if he sold the table for $100?

Back

Profit = $100 - $60 = $40.

Front

What is the total income a business makes from selling products or services called?

Back

Revenue.

Front

If a school spends $9,500 on an event and sells tickets for a total of $12,000, what is the profit?

Back

Profit = $12,000 - $9,500 = $2,500.

Front

What is an independent variable in an experiment?

Back

The variable that is changed or controlled to test its effects on the dependent variable.

Front

In the glider experiment, what was the independent variable?

Back

The weight of the glider.

Front

What is a dependent variable in an experiment?

Back

The variable that is measured and affected in the experiment.

Front

In the glider experiment, what was the dependent variable?

Back

The distance the glider travels.