Financial Literacy 4th grade

money earned or received

• Expenses
• Income
• Deductions
• Check

Tags

CCSS.6.NS.C.5

payment for goods and services, what you spend

• Income
• taxes
• expenses
• credit card

Tags

CCSS.7.EE.B.3

CCSS.7.NS.A.1

CCSS.7.NS.A.3

CCSS.7.RP.A.3

Sam owns a T-shirt printing business. His expenses are $4 per shirt. Sam sells each shirt for $10. He sold 327 shirts last month. How much total profit did Sam make on T-shirts last month?

• $1,962

• $327

• $1,308

• $989

Tags

CCSS.7.EE.B.3

CCSS.7.NS.A.1

CCSS.7.NS.A.2

CCSS.7.NS.A.3

Reagan made 30 beaded bracelets.  She plans to sell the bracelets at a weekend craft fair.  She spent a total of $12 on beads and $3 on wire and clasps.  She sells each bracelet for $20.  What is her total profit?

• $500
• $150
• $75
• $585

Tags

CCSS.7.EE.B.3

CCSS.7.NS.A.1

CCSS.7.NS.A.2

CCSS.7.NS.A.3

Mrs. Pittenger sells 35 necklaces she made for a local boutique.  She sells each necklace for $15.  Her supplies to make the necklaces cost her $4.85.  How much profit did Mrs. Pittenger make?

• $525
• $520.15
• $500

Tags

CCSS.7.EE.B.3

CCSS.7.NS.A.2

CCSS.7.NS.A.3

Melissa sells homemade cupcakes for $2 each.  Each cupcake cost $1 to make. What is the amount of profit Melissa makes if she sells 50 cupcakes?

• $50
• $75
• $100
• $175

Tags

CCSS.7.EE.B.3

CCSS.7.NS.A.1

CCSS.7.NS.A.2

CCSS.7.NS.A.3

Rodney has a lemonade stand.  He spent $24 on ingredients for lemonade and $16 on cups and ice. He charged $1 for each cup of lemonade ad he sold 220 cups.  How much profit did he make?

• $40
• $180
• $236
• $244

Tags

CCSS.7.EE.B.3

CCSS.7.NS.A.1

CCSS.7.NS.A.3

Fixed expenses are expenses that _____

• change

• stay the same

Variable expenses are expenses that __________

• change

• stay the same

An example of a fixed expense is ___________

• groceries

• rent

• electricity