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.

Answer 1

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.