What is profit in a business context?
Integer Real-World Word Problems

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Mathematics
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7th Grade
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Hard
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1.
FLASHCARD QUESTION
Front
Back
Profit is the amount of money a business makes after subtracting the costs of producing goods or services. It is calculated as: Profit = Revenue - Costs.
2.
FLASHCARD QUESTION
Front
How do you calculate total earnings for hourly work?
Back
Total earnings can be calculated by multiplying the hourly wage by the number of hours worked. For hours over a certain limit, use the higher wage for those additional hours.
3.
FLASHCARD QUESTION
Front
What is the process to find the total number of items after giving some away and receiving more?
Back
To find the total, subtract the number of items given away from the original amount, then add the number of items received. Total = Original - Given + Received.
4.
FLASHCARD QUESTION
Front
How do you determine the distance descended when moving between two depths?
Back
To find the distance descended, subtract the starting depth from the ending depth. If the result is negative, it indicates a descent.
5.
FLASHCARD QUESTION
Front
What is the formula to calculate temperature change over time?
Back
Temperature change can be calculated by multiplying the rate of change by the number of hours. New Temperature = Initial Temperature - (Rate of Change * Time).
6.
FLASHCARD QUESTION
Front
What is an integer?
Back
An integer is a whole number that can be positive, negative, or zero, but does not include fractions or decimals.
7.
FLASHCARD QUESTION
Front
How do you solve a word problem involving profit?
Back
Identify the costs and selling price, then use the profit formula: Profit = Selling Price - Cost.
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