Unit 10 Math | Baamboozle - Baamboozle | The Most Fun Classroom Games!

Peter catches fish for a local restaurant. They pay him $1.75 for each fish he catches. So far this month he has brought in 200 fish. What have they paid him?

$350

Umbo received $134 for his birthday. He wants to put half of it in the bank. How much money should he put in the bank?

$67

Eddie's family had fixed expenses of $695 this month and variable expenses of $345 this month. What are their total expenses for the month?

$1,040

A group of boy scouts had a bake sale to raise money for camp. The cost of ingredients for the brownies, cookies, and cakes were $95. The amount of money they received at the bake sale was $215. How much did they make in profit?

$120

Give an example of a fixed expense.

house payments, car payments, loan payments

Give an example of a variable expense.

clothing, food, entertainment

What is a bank?

A safe place to store money.

The Wells family had fixed expenses and variable expenses to pay. The fixed expenses are $650 for their house payment, $375 for their car payment, $200 for utilities, $65 for their phone. What is the total fixed expenses?

$1,225

What is savings?

Money put aside for later.

What is a loan?

Money you can borrow from the bank.

What do we call the money we make after all expenses are paid?

profit

What do we call a plan used to manage expenses?

a budget

What do we call expenses that stay the same every month?

fixed expenses

What do we call expenses that change in price?

variable expenses

This month a family has the following variable expenses: $75, $350, $62, and $200. What is their total expenses?

$687

Jonathan built a shed in his friend's backyard to make some extra money. His friend paid him $970 for building the shed. The materials Jonathan had to buy cost $350. How much profit did Jonathan make?

$620