GCSE Business Studies - Finance Calculations

A quick quiz on finance calculations useful for GCSE business studies.

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  • Created by: Rhys B-M
  • Created on: 25-04-12 19:32

1. How do you calculate revenue?

  • total costs x price
  • sales x price
  • sales ÷ price
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Other questions in this quiz

2. How do you calculate total costs?

  • fixed costs x variable costs
  • variable costs + fixed costs
  • fixed costs + selling price

3. How do you calculate average price?

  • total cost ÷ output
  • output ÷ total cost
  • total cost x output

4. How do you calculate profit?

  • revenue - total costs
  • revenue ÷ loss
  • revenue - output

5. If business B sells 1000 products in a month at £10 each, what is business B's revenue for the month?

  • £10,000
  • £30,000
  • £100,000

Comments

jordan_ingram

what a LAD

caitlin

yay 100%

davidsalter

A brief test based on GCSE type questions that enables students to measure their progress. Students can make up other similar questions for their colleagues on different aspects of the specification.

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