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How to Determine Total Profit in Monopoly

Monopoly is a classic board game that is great to learn the principles of accounting and management. One principle you can learn is how to calculate total profit. In Monopoly, you have basic transactions such as rent, purchasing buildings and property. Either way, your total profit on a property will be the amount of money you earned from the property minus any costs associated with the property such as buying it and building hotels on it.

Instructions

- 1
  Play an entire game of Monopoly. As you play, record how much you paid for each property, any amounts you spent on the property, and any amounts you collected when other players landed on that property.
- 2
  Add together all the money you collect on a property. For example, if you collected 10 rents of $50 each, your property has gross receipts of $500.
- 3
  Add together all the costs of the property. In the example, if you paid $200 for the property and $100 on houses, your total expenses are $300.
- 4
  Subtract your total expenses from your gross receipts to find your total profit on the property. In the example, $500 minus $300 equals a total profit of $200.

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