Calculations
20 X 5 =
100
What is the opposite of a profit?
Loss
Did I make a profit or loss if my expenses were $55 and my revenue was $75?
Profit! ($20)
$32 + $18 =
$50
What is profit?
The money earned in a business after subtracting the expenses.
Did I make a profit or loss if my revenue was $100 and my costs were $110?
Loss :( ($10)
I sold 10 cupcakes for $4.50 each. How much revenue did I make?
$45
What term describes the money earned in a business?
Revenue
My expenses were $25 and my revenue was $40. How much was my profit or loss?
Profit of $15
$65
What is another term for expenses?
Costs
My expenses for 10 bracelets were $25. How much should I sell each bracelet for to earn a profit?
At least $2.50. (10 x 2.50 = $25)
32.50 + 20.50 + 14 =
67
What is the calculation for profit?
Profit = Revenue - expenses
More than $2 each. (2 x 12 = 24)