Browse topics

Curriculum

Explore all 1,590 open curriculum concepts.

Advanced filters
Life SkillsEntrepreneurshipAges 7–10

Costs & Revenue

It costs money to make things (costs/expenses); you earn money by selling them (revenue); if revenue is more than costs, that's profit; if costs are more, that's a loss

Entire curriculum

1858 concepts · 9 subjects

Loading map…
Continue learning
Share and support
Compare teaching approaches

Teaching approaches

Gakuva’s recommended starting approach is selected. You can still compare every option.

1 approach

Selected Default Gakuva

Separate money received from money left after costs.

Separate money received from money left after costs.

Family records and proof options

Keep a record of your learning

Save photos, notes, and attendance. Export a proof packet for compliance or portfolio reviews.

Learning resources

Extra practice links — they do not replace Gakuva’s teaching approach.

Federal Reserve Education · Practice link — not the full lesson

Teaching Resources

Open practice (new tab)
Before you open · source notes

Teaching Resources supports Costs & Revenue. An adult previews and guides; this is a learning page, not a scored quiz.

Free educational page, no sign-in required for the tested path.

Before you open

Ask the learner one fact they learned and one question they still have.

Opening this link does not save learning or assess mastery.

Source, access and review notes

Public Federal Reserve Education page. An anonymous GET on 2026-11-12 returned HTTP 200 with no login or payment prompt for this URL. Opening the link does not save practice or assess mastery. An adult should preview and guide the learner.

Federal Reserve Education. “Teaching Resources.” External page; Gakuva does not copy, host, embed, or redistribute materials.

Unknown — link only

Check understanding

  • Explain what costs, revenue, and profit mean using a simple example
  • Calculate profit from a given scenario (e.g. spent £3 on ingredients, sold cakes for £8, profit = £5)
  • Explain what happens if costs are higher than revenue (you make a loss)
“If your child spent £4 on supplies for a lemonade stand and earned £10 selling lemonade, could they tell you how much profit they made?”

Curriculum record

Type
Conceptual
Subject
Life Skills
Domain
Entrepreneurship
Age range
Ages 7–10

Standards

the-ontario-curriculum-mathematics-2020:ON-MATH-2020-G4-F1.3