

Banks and Profit
Presentation
•
Mathematics
•
4th Grade
•
Medium
+5
Standards-aligned
Erica Rollins
Used 140+ times
FREE Resource
8 Slides • 6 Questions
1
Banks and Profit

2
Purpose of Banks
Take in deposits
Keep funds available for withdrawl
Lend money to people, bussiness and governments
keep money safe
3
Banks
Lend money for all sorts of things
Houses
Cars
Personal loans
4
Let's look at types of questions you'll see about banks
5
Multiple Choice
Which situation describes a financial institution as a lender?
Juliette deposits her paycheck in a savings account at a bank.
Pauline earns interest each month on the money in her savings account.
Mitchell borrows money from his bank to buy a car.
Landry withdraws money from his checking account to purchase some new clothes.
6
Multiple Choice
Mrs. Smith is saving money to buy a car. At first she kept the money she saved at home, but then her husband persuaded her to deposit the money into an account at the bank. Which of the following is the best reason for Mrs. Smith to deposit the money into an account at the bank?
The money is safer in the bank than at home.
She can withdraw her money at any time.
The bank is near her house.
She will receive a checkbook in her favorite color.
7
What is profit?
Profit is the money you make after you claculate your expenses.
The formula for profit is:
income-epenses= profit
8
Senerio
Think of opening a lemonade stand
Your parents give you $10 for supplies
Your supplies are your expenses
You sell lots of lemonade and make $20
That money you made is your income
You stil have to pay back the money that you spent on supplies
What's left over is your profit
9
Problem 1
What are his expenses?
What is his income?
How do we calculate profit?
10
Problem 2
What are the expenses
What is the income?
Don't forget the word EACH
11
Multiple Choice
Zoey sold snacks at a neighborhood pool. The cost of preparing the snacks was $10.29. The money she received from the sale of the snacks was $21.75.
What was Zoey's profit?
$32.04
$11.46
$21.75
$10.29
12
Multiple Choice
Donovan made a picnic table to sell for profit. He made a list about what he did:
*price paid for wood: $45
*price paid for nails: $5
*cost of paint: $10
*selling price: $100
What was Donovan's profit from selling the table?
$55
$60
$40
$50
13
Multiple Choice
Lyndee bought an old coffee table at a garage sale. She repaired it and updated it, then she sold it for a profit. Here is a list of what Lyndee did:
*price paid for coffee table: $11
*price paid for decals: $3
*cost for paint: $4
*selling price: $38.50
$18
$20.50
$27.50
$20
14
Multiple Choice
Latrell bought an old rocking chair at a yard sale for $12. He spent a total of $4.75 on supplies to repair and paint it. He sold it for $38. How much profit did he earn?
$16.75
$21.25
$33.25
$30.75
Banks and Profit

Show answer
Auto Play
Slide 1 / 14
SLIDE
Similar Resources on Wayground
11 questions
Comparing Decimals
Presentation
•
4th - 5th Grade
11 questions
Finding Common Denominators
Presentation
•
4th - 5th Grade
10 questions
Adding and Subtracting Fractions with Like Denominators
Presentation
•
4th Grade
10 questions
Equivalent Fractions
Presentation
•
4th Grade
11 questions
Multi-step word problems
Presentation
•
4th Grade
11 questions
Area Model Quiz
Presentation
•
4th Grade
11 questions
NBT 5 & 6
Presentation
•
4th Grade
11 questions
Rounding Decimals
Presentation
•
4th Grade
Popular Resources on Wayground
24 questions
PBIS-HGMS Day 10
Quiz
•
6th - 8th Grade
10 questions
HCS SCI 03 Summer School Review 3
Quiz
•
3rd Grade
11 questions
Home Scope
Quiz
•
7th - 8th Grade
15 questions
HCS SCI 05 Summer School Assessment 3 Review
Quiz
•
5th Grade
35 questions
Lufkin Road Middle School Student Handbook & Policies Assessment
Quiz
•
7th Grade
18 questions
Geo 11.3 Area of Circles and Sectors
Quiz
•
9th - 11th Grade