4 5 What was your total profit after ten days? ___________________________________________________ Did you make money or lose money? Why do you think this happened? Name ANSWER KEY My Lemonade Stand Selling # of # of Salary Rate & Profits Cost of # of Day Weather Price Cups Cups Amount Paid in Final Profits from Sales Ingredients Visitors per Cup Sold Made Salaries 10% of Profits 73 x .10 = 2 employees ($7.30 - $5.00) 1 sunny 10 cents 73 100 $5.00 87 $7.30 $7.30 x .10 = $0.73 – $1.46 = $0.84 x 2 = $1.46 20% of Profits partly 62 x .15 = 1 employee $9.30 - .75 - 2 15 cents 62 85 $.75 79 cloudy $9.30 $9.30 x.20 =$1.86 $3.72 = $4.83 1.86 x 2= $3.72 10% of Profits 25 x .10 = 2 employees $2.50 - $1.25 - 3 rainy 10 cents 25 95 $1.25 34 $2.50 $2.50 x .10 = .25 .50 = .75 .25 x 2 = .50
4 5 What was your total profit after ten days? ___________________________________________________ Did you make money or lose money? Why do you think this happened? Name ANSWER KEY My Lemonade Stand Day Weather Selling Price per Cup # of Cups Sold Profits from Sales # of Cups Made Cost of Ingredients # of Visitors Salary Rate & Amount Paid in Salaries Final Profits 1 sunny 10 cents 73 73 x .10 = $7.30 100 $5.00 87 10% of Profits 2 employees $7.30 x .10 = $0.73 x 2 = $1.46 ($7.30 - $5.00) – $1.46 = $0.84 2 partly cloudy 15 cents 62 62 x .15 = $9.30 85 $.75 79 20% of Profits 1 employee $9.30 x.20 =$1.86 1.86 x 2= $3.72 $9.30 - .75 - $3.72 = $4.83 3 rainy 10 cents 25 25 x .10 = $2.50 95 $1.25 34 10% of Profits 2 employees $2.50 x .10 = .25 .25 x 2 = .50 $2.50 - $1.25 - .50 = .75
Grade%203%20Lesson%2014%20Lemonade%20Stand.docx