Calculate Profit 4.10b

Calculate Profit 4.10b

​Profit is the amount of money that is left after all of the expenses are subtracted from the total amount of money received.

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Multiple Choice

Claudia sold beaded bracelets.

• Claudia's expenses were $13.65 for supplies.
• Claudia sold 10 bracelets for $4 each.

What was Claudia's profit?

• $10.65

• $26.35

• $33.65

• not here

Multiple Select

What is another word for Expenses?

• Purchased

• Resold

• Bought

• Cost

Multiple Choice

Charles bought an old rocking chair and fixed it up to look new. He made the following purchases to repair the chair:

• Price paid for rocking chair: $20
• Cost of repairs: $8
• Cost of paint: $7.50
• Selling price: $65

What was Charles's profit from selling the rocking chair?

• $34.50

• $30.50

• $51.50

• $87.50

Multiple Select

What is the formula for calculating profit? Select all that apply.

• Sold - Expenses = Profit

• Expenses - Sold = Profit

• Profit = Sold

  + Expenses

• Profit - Expenses = Sold

Multiple Select

What is another word for sold? Select all that apply.

• Sale

• Earnings

• Profit

• Subtract

Multiple Choice

Sandra sold corn in a cup at the fall festival. The cost of making the corn in a cup was $9.29. The amount received from the sale was $22.35.

What was Sandra's profit?

• $13.06

• $27.14

• $31.64

• Not here