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 for Lisa's business over the four days, we can add up the profits and losses:

• Monday: Loss of $14 (which can be represented as -14)
• Tuesday: Profit of $18 (represented as +18)
• Wednesday: Loss of $6 (represented as -6)
• Thursday: Profit of $7 (represented as +7)

Now, we add these amounts together:

\[ -14 + 18 - 6 + 7 \]

Calculating step by step:

1. Combine the losses and profits: \[ -14 + 18 = 4 \]
2. Then, we add the loss from Wednesday: \[ 4 - 6 = -2 \]
3. Finally, we add the profit from Thursday: \[ -2 + 7 = 5 \]

Thus, the total profit or loss for Lisa's business over the four days is $5 profit.