Cloud computing is based on the pay-per-use; hence, the price of usage is one of the main
factors for cloud services' customers when selecting the cloud provider to rent the service from. Hence,
cloud providers need to provide competitive costs of the services for the users. Therefore, the cloud
providers, in addition to optimize the utilization of the resources, aim to provide the service with the
competitive cost at the same time. In order to achieve this, there is a need for a new set of economical
task scheduling algorithms for the cloud. This paper introduces an algorithm for task scheduling based
on assigning priorities for tasks according to their profits, where we provided examples of usage of the
algorithm and compared it to some of the traditional cloud scheduling algorithms.