Unit 8: Personal Financial Literacy
Mini-Unit 1: Expenses & Profit
Lesson 1.2: Making a Profit
This quick assessment includes a printable exit ticket where students calculate the total cost of ingredients, determine the profit from selling soap, and analyze how selling items individually can change overall profit.
Students will:
• calculate the total cost of ingredients for a product
• determine profit by comparing cost and selling price
• analyze how pricing strategies impact profit
• apply financial literacy concepts to small business scenarios
Standards:
TEKS: 4.10A, 4.10B
