Business Studies Formulas

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Sales revenue
Quantity sold×Selling price
1 of 11
Total Variable Cost
Quantity sold×Variable cost per unit
2 of 11
Total Costs
Fixed costs+Variable costs
3 of 11
Average cost
Total cost÷Amount sold
4 of 11
Break even point
Fixed costs÷Selling price (per unit)-Variable cost
5 of 11
Balance carried forward
Total income-Total expenditure
6 of 11
Gross profit
Selling price-Buying price
7 of 11
Profit margin
Gross profit÷Buying price×100
8 of 11
Net profit
Gross profit-Costs of running business
9 of 11
Market share
Sales of business÷total sales in market×100
10 of 11
Interest paid
Amount borrowed×interest rate÷100
11 of 11

Other cards in this set

Card 2

Front

Total Variable Cost

Back

Quantity sold×Variable cost per unit

Card 3

Front

Total Costs

Back

Preview of the front of card 3

Card 4

Front

Average cost

Back

Preview of the front of card 4

Card 5

Front

Break even point

Back

Preview of the front of card 5
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