Name: ___________

Probability, Financial Math, and Graphing

Total ______/ 13 Marks

Scenario: Karly owns a computer store that has been highly successful. She brings in a consistent annual
business income of $100,000 per year.

Her friend Patrick has a business Marketing Firm that specializes in Commercials, Advertising, and
Marketing. He enjoys helping small businesses with Start-Up Business Plans. Especially he assists
Indigenous Entrepreneurs market their businesses to mainstream markets. He is very sucessful but his
rent for his business firm costs him an expense of $50,000 per year. However, he accumulates $100,000
per year in total, not includig his Business Firms rent expense.

Makayla owns a very popular restaurant. She owns two restaurants and in a year makes $120,000 for
both restaurants combined in total.

Karly owns the space in her plaza square and will like to have her friends combine all their businesses
and connect them together in her plaza which has a great location!
Questions:

1. How much income does Karly business make per year? ( 2 Marks)

2. How much income does Patrick accumulate per year excluding his year rent expense for his
business? ( 2 Marks)

3. How much money will Karly and Makayla earn together after they combine businesses?
( 2 Marks)

4. Patrick will not have to pay rent for his new business partnership after he combines with Karly
and Makayla. How much income will their businesses make altogher their first year? ( 2 Marks)

5. How much will each business partner ( Karly, Patrick, Makayla) earn individually?
( 5 Marks)

Graphing Your Business results:

REVENUE: SUPER PLAZA

$350,000

$300,000 320,000

$250,000

$200,000

$150,000

$100,000 $120,000
$100,000 $100,000
$50,000

$0
Karly Patrick Makayla TOTAL TOGETHER

REVENUE: SUPER PLAZA