Profit 2

Donovan made a picnic table to sell for profit. He made a list about what he did:

*price paid for wood: $45

*price paid for nails: $5

*cost of paint: $10

*selling price: $100

What was Donovan's profit from selling the table?

• $55

• $60

• $40

• $50

Tags

CCSS.7.EE.B.3

Anna bought a lamp at a garage sale. She repaired it and painted it, then she sold it for a profit. The list below is what she did:

*paid for the lamp $5

*cost to paint $3

*cost for new shade $7

*selling price $30

What was Anna's profit from selling the lamp?

• $25

• $20

• $15

• $35

Tags

CCSS.7.EE.B.3

Allison made 36 cupcakes to sell at her cake stand. She sold all of the cupcakes that she made. Allison made a list about what she did.

*price paid for ingredients $25

*price paid for cupcake liners $6

*selling price for each cupcake $2

• $41

• $31

• $72

• $33

Tags

CCSS.3.OA.D.8

Lyndee bought an old coffee table at a garage sale. She repaired it and updated it, then she sold it for a profit. Here is a list of what Lyndee did:

*price paid for coffee table: $11

*price paid for decals: $3

*cost for paint: $4

*selling price: $38.50

• $18

• $20.50

• $27.50

• $20

Tags

CCSS.6.NS.B.3

Heath made homemade ice cream and sold it at the Bullard Red, White, and Blue Festival for a profit. Heath made a list of his expenses and selling price.

*price paid for ingredients: $48

*price paid for bowls and spoons: $15

*total selling price for all of the ice cream: $132.25

How much profit did Heath earn?

• $13162

• $69.25

• $33

• $63

Tags

CCSS.6.NS.B.3

Brooke made a blanket and sold it for a profit. She paid $20 for fabric and $3 for thread. She sold the blanket for $62.50. How much profit did Brooke earn?

• $42.50

• $23

• $85.50

• $39.50

Tags

CCSS.6.NS.B.3

Which of the following is the best definition of PROFIT?

• The total amount of income a business makes from selling products or services
• The amount of money a business has left over after paying for their costs.
• The total amount of money a business spends.

Which of the following is the best definition of COSTS?

• The total amount of income a business makes from selling products or services
• The amount of money a business has left over after paying for materials.
• The total amount of money a business spends.

Tags

CCSS.6.NS.B.3

Which of the following is the equation for figuring out PROFIT?

• Profit = Revenue - Cost
• Profit = Cost - Revenue
• Revenue = Profit - Cost
• Costs = Profit - Revenue

Tags

CCSS.HSA.CED.A.4

Whitney has a business selling weekly planners. Last month she had $135 in expenses and had $1,250 in sales.  What is the amount of profit she had last month?

• $1,250
• $135
• $1,115
• $1,005

Tags

CCSS.7.NS.A.3