Calculating Profit

T.I.P.S.

Students must be able to calculate profit, using their prior knowledge of the four operations, where students have been given information regarding income and expenses.

Example

Kendra buys fabric to make baby blankets for $15. She can make 4 blankets from one piece of fabric. If she sells the blankets for $10 each, what is her profit? 

Hint 

Possible Solution 

TEKS

Supporting Standard 4.10 Personal financial literacy. The student applies mathematical process standards to manage one's financial resources effectively for lifetime financial security. The student is expected to:
(B) calculate profit in a given situation

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