Ratios to Predict Profits_Lemonade Stand Activity

Ratios to Predict Profits_Lemonade Stand Activity
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Common Core Standards
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Students are given a budget of $20. Use this information to calculate how much lemonade they can make and sell using ratios and equivalent ratios to facilitate their calculations. Students must know how to multiply and divide decimals, complete ratio tables, and use multiplication and division to find equivalent ratios.

As a bonus you can add in the concept of gross vs. net profits.
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Teaching Duration
30 minutes
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