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Profit and Loss Integers
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Profit and Loss Integers
Use positive integers for profit and negative integers for loss. A result of zero means there is no profit or loss.
Representing profit and loss
1.Chloe earns $18 at her weekend stall and spends $11 on ingredients. What integer represents her net result?
- +7
- -7
- +29
- 0
2.For each situation, write + for a profit, − for a loss, or 0 for break-even: (a) A bike-repair job earns $14 with no costs. (b) A craft stall spends $22 and takes in $17. (c) A bake sale's income equals its costs. (d) A share investment loses $6 in value.
3.Which situations have a net result of zero? Select every correct option.
- Earn $16 and spend $16.
- Make a $9 profit, then have a $9 loss.
- Spend $7 and earn $12.
- Have a $4 loss, then make a $4 profit.
Integers on a number line
4.Place these net results on the number line: +5, −3, −5, +3 and 0. Label each point with its integer.
5.From the integers −5, −3, +3 and +5, identify the pairs that are the same distance from zero. Then add the two integers in each pair.
Finding the net result
6.A market stall records these results over five days: Monday +$14, Tuesday −$9, Wednesday +$7, Thursday −$16 and Friday +$8. Calculate the net result for the five days. Show your integer addition.
7.A class fundraiser pays $28 for materials, earns $46 from selling tickets, pays $13 for prizes, and receives a $9 donation. Represent each amount as a positive or negative integer and find the fundraiser's net result. State whether it is a profit or loss.
8.In a profit-and-loss calculation, what does a net result of zero tell you? Give one example of amounts that would produce zero.
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