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10 questions
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  • Q1

    Ryan purchased and old boat. The cost of buying and repairing the boat is $350. He then sold the boat for $800. How much was his profit?

    $400

    $1,150

    $450

    500

    30s
    4.10.B: Personal Financial Literacy
  • Q2

    Julie is having a nail salon day. She needs to spend $5 for nail polish, $3 nailpolish remover, and $2 for cotton balls. If she does 5 of her friends’ nails for $10each, what will be her profit?

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    Type an Answer
    30s
  • Q3

    Fernando sells his drawings he makes. He sold $30 worth of drawings and his profit was $19. How much were his expenses?

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    Type an Answer
    30s
  • Q4

    Karen designs custom phone cases. Her profit was $33 and she spent $18 onthe materials. How much did she sell the phone cases for?

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    30s
  • Q5

    Samuel has a lawn mowing business during the summer. He spent $200 on a lawn mower. If he mows 18 lawns for $20 each, what will be his profit?

    $220

    $160

    $180

    $238

    30s
  • Q6

    Noah has a bakery that sells cupcakes. He received $398 today from his sales. He spent $48 on the cupcake ingredients for today. What what his profit?

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    30s
  • Q7

    Fixed expense is an expense that stays the same each month and never changes.

    true
    false
    True or False
    30s
  • Q8

    Profit is money spent minus money made.

    false
    true
    True or False
    30s
  • Q9

    Navarro Elementary is making tshirts to sell for their fourth grade field trip. The cost of preparing the cookies is $75.35. They sold 50 for shirts for $15 each. How much profit did they get from selling the shirts?

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    30s
  • Q10

    Variable expenses are expenses that change each month and never stay the same.

    true
    false
    True or False
    30s

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