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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
30s4.10.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?
Users enter free textType an Answer30s - Q3
Fernando sells his drawings he makes. He sold $30 worth of drawings and his profit was $19. How much were his expenses?
Users enter free textType an Answer30s - 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?
Users enter free textType an Answer30s - 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?
Users enter free textType an Answer30s - Q7
Fixed expense is an expense that stays the same each month and never changes.
truefalseTrue or False30s - Q8
Profit is money spent minus money made.
falsetrueTrue or False30s - 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?
Users enter free textType an Answer30s - Q10
Variable expenses are expenses that change each month and never stay the same.
truefalseTrue or False30s