Find the profit. Find the Expense. Expenses: $222 Earnings: $791 1. Earnings: $874 Profit: $640 Find the profit. Find the Expense. Expenses: $595 Earnings: $1,044 Earnings: $744 Profit: $145 2. 3. 4. Ivan earned $300 doing yard work. He profited $243 from the job. What were his expenses? 5. John has an income tax preparation business. He spent $99 on computer software and $16 on books. He charges each client $25. How much profit can he make if he has 18 clients? 7. Priscilla makes a profit of $24.50 on every scarf she sells. The materials for each scarf cost $8.39. How much does Priscilla sell each scarf for? 6. Jenny sells her homemade granola bars for $2 each. Each bar costs $1 to make. If she sells 50 granola bars at a street fair, how much profit does Jenny make? 8. Jamie builds and sells boxes for worm farms. The materials to build each box cost $13. She sells the boxes for $20 each. How much profit will Jamie make if she 9. sells 5 boxes? Maisy has a lemonade stand on the weekends. She chargers $1.00 per cup of lemonade. It costs her $0.25 to make a cup of lemonade. How much profit is her lemonade stand making per customer? 11. Luke makes $30 every time he mows a yard. If it costs him $8 dollars in gas each time he mows, how much profit does Luke make from mowing 4 yards? 10. Jude needs to make a $5 profit on each key chain he sells to pay back his brother. If it costs him $3 to make a keychain, how much should he sell it for? 12. Ray Elementary made $452 at the annual bake sale. They made a profit of $385. How much did it cost them to bake the goods for the bake sale? 13. Sandra bought an old table at a garage sale for $20. She decided to paint the table. The paint cost $5. She resold the newly painted table for $50. How much of a profit did Sandra make on the table? 15 Mack bought an iron safe for $ 5,580 and paid $ 170 for it to be delivered to him. Then, he sold it for $6,440. How much profit did Mack make on the iron 14 safe? Isaac made a $60 profit by selling his iPad. He bought the iPad last month for $600. How much did Isaac sell his iPad for? 16 If Andy sells his new TV for $546 he can make a $250 profit. What did Andy originally pay for the TV? 17. My’Esha’s mother runs a clothing store. She buys and sales used clothing. If she buys a skirt for $5 how much will she need to sell it for in order to make a $15 profit? Hanna spends $25 on art supplies. She made necklaces and sold them at school. She made a $30 profit on her necklaces. What is the total amount she sold all the necklaces for? 18 Write your own word problem where you have to calculate the amount of profit someone earns. 19 20 Name: ________________ Date: ________________ Personal Financial Literacy 4.10.B Calculate Profit 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. 18. 19. 20. Lines below 20. __________________________________________________ ______________________________________________________ ______________________________________________________ ______________________________________________________ Key Name: ________________ Date: ________________ Personal Financial Literacy 4.10.B Calculate Profit 1. $569 2. $234 3. $449 4. $599 5. $57 6. $32.89 7. $335 8. $50 9. 10. 11. 12. $35 $88 $0.75 $8 13. $67 14. $690 15. $25 16. $660 17. 18. 19. 20. Lines below $296 $55 $20 20. __________________________________________________ ______________________________________________________ ______________________________________________________ ______________________________________________________
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