Lisa owns a small business. There was a loss of $14 on Monday and a profit of $18 on Tuesday. On Wednesday there was a loss of $6 and on Thursday there was a profit of $7. Find the total profit or loss.
To find the total profit or loss, we need to add up all the profits and subtract all the losses.
Loss on Monday: $14
Profit on Tuesday: $18
Loss on Wednesday: $6
Profit on Thursday: $7
Total profit or loss = (Profit on Tuesday + Profit on Thursday) - (Loss on Monday + Loss on Wednesday)
Total profit or loss = ($18 + $7) - ($14 + $6)
Total profit or loss = $25 - $20
Total profit or loss = $5
Therefore, the total profit or loss is $5.
To find the total profit or loss, we need to add up the profits and subtract the losses.
Loss on Monday: $14
Profit on Tuesday: $18
Loss on Wednesday: $6
Profit on Thursday: $7
Total profit or loss = (Profit + Profit) - (Loss + Loss)
= ($18 + $7) - ($14 + $6)
= $25 - $20
= $5
Therefore, the total profit or loss is $5.
To find the total profit or loss, we need to add up all the profits and losses.
Let's break down the given information:
Profit on Tuesday = $18
Profit on Thursday = $7
Loss on Monday = -$14
Loss on Wednesday = -$6
To find the total profit or loss, we add the profits and subtract the losses:
Total Profit or Loss = (Profit on Tuesday + Profit on Thursday) + (Loss on Monday + Loss on Wednesday)
Substituting the values we have:
Total Profit or Loss = ($18 + $7) + (-$14 + -$6)
We simplify the equation:
Total Profit or Loss = $25 - $20
Finally, we calculate the total profit or loss:
Total Profit or Loss = $5
Therefore, the total profit or loss for the week is $5.