Sunday, September 21, 2014

Math: Calculating Profit PROJECT (due Thursday, 9/25/14)


Make a graphic organizer according to the example in the video below to show a solution to this problem:
Aidan sells candy on a candy truck.  He got $6,852.78 in August from candy sales.  He spent $429.18 for gas for his truck.  He also paid one employee $2,500.00 for the month to work for him.  On top of that, Aidan had to spend $605.29 to order more candy because he was running low.  
a) Make a table, graph, or chart to show all of Aidan's expenses and sales.
b) After all his expenses, what was Aidan's profit for the month of August?
c) Use rounding, front-end estimation, and compatible numbers to approximate Aidan's possible profit for the month of September.
d) On a separate paper, answer which estimation strategy (rounding, front-end estimation, or compatible numbers) gave you the best estimate?  Explain in 3 sentences why you think that estimation strategy is the best.


YouTube link: https://www.youtube.com/watch?v=JE2CG6oFSA0&list=UUnEDbtNN5JDeFd-jAqO8mcw



No comments:

Post a Comment