Calculating Profit Using Addition and Subtraction: 4th Grade Math

Understanding Profit

• 💡 Profit is defined as the money earned minus the money spent.
• 🎯 This calculation helps determine the net gain from a transaction.

Example 1: Lily's Backpack

• 💰 Lily bought a backpack for $26.45 and spent $18.97 on accessories.
• 💸 Her total spending was $26.45 + $18.97 = $45.42.
• 🛍️ She sold the decorated backpack for $67.56.
• ✅ Lily's total profit was $67.56 - $45.42 = $22.14.

Example 2: Maya's Cakes

• 🍰 Maya spent $9.24 on ingredients for two cakes.
• 💰 She sold one cake for $13.29 and the other for $17.45.
• 📈 Her total money earned was $13.29 + $17.45 = $30.74.
• 🌟 Maya's total profit was $30.74 - $9.24 = $21.50.