Instructional Activity# Are We Making Money?

Lesson 3. Unit 9. Grade 7 Open Up Resources

Open Up Resources20 min(s)

This Instructional Activity is a part of the Lesson 3, Unit 9, Grade 7. The purpose of this activity is for students to choose how they can apply math concepts and strategies to a problem arising in a real-world context: predicting whether a restaurant will make a profit. After students have estimated the monthly cost of their ongoing expenses on their list, poll the class on their total estimated monthly costs. If students have completed the previous lesson about using spreadsheets to calculate the cost of ingredients for one serving of their recipe, they can use that as the basis for calculating the percentage of the markup.