Other questions in this quiz

2. What is the formula for profit

  • Revenue-Expenditure
  • Revenue+Expenditure
  • Expenditure - Revenue

3. What is the formula for revenue

  • Number if sales - Price per unit
  • Number if sales x Price per unit
  • Number if sales + Price per unit
  • Number if sales / Price per unit

4. What is an example of revenue

  • Rent or Interest
  • Staff wages
  • Advertising for shop

5. What is fixed costs

  • Costs that stay the same no matter how much products the business makes or sells
  • Costs that change depending on the number of products made or sold.

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