Understanding Profit Calculation

Understanding Profit Calculation

Assessment

Interactive Video

Mathematics, Business, Education

4th - 8th Grade

Hard

CCSS
6.NS.B.3, 8.EE.C.7B

Standards-aligned

Created by

Olivia Brooks

FREE Resource

Standards-aligned

CCSS.6.NS.B.3
,
CCSS.8.EE.C.7B
The video tutorial introduces the concept of calculating profit in various business scenarios. It covers examples from six entrepreneurs, each with a unique product, and demonstrates how to calculate profit by subtracting total costs from sales prices. The tutorial emphasizes understanding key terms like sales price, cost, and profit, and encourages students to think about creating and selling their own products. The session concludes with a reflection on entrepreneurship.

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary focus of this lesson?

Calculating the area of a circle

Understanding profit calculation

Learning about historical events

Studying the solar system

Tags

CCSS.6.NS.B.3

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the total cost for Lois to make a pair of shoes?

$24.74

$134.00

$96.34

$42.65

Tags

CCSS.6.NS.B.3

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How much profit does Liliana make from selling a blanket?

$155.00

$88.02

$43.06

$66.98

Tags

CCSS.6.NS.B.3

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the cost of e-commercial software for Kara's website design?

$14.99

$325.00

$2,500.00

$449.99

Tags

CCSS.6.NS.B.3

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is David's profit from selling a floral arrangement?

$105.00

$34.62

$46.88

$58.12

Tags

CCSS.6.NS.B.3

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the total cost for Dominique to make a dress?

$895.02

$583.90

$2,200.00

$286.36

Tags

CCSS.6.NS.B.3

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How much does Ivan sell a guitar for?

$78.05

$16.92

$58.29

$1,550.00

Tags

CCSS.6.NS.B.3

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