GCSE Business Studies - Finance Calculations

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

Teacher recommended

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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?

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

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
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Comments

jordan_ingram

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what a LAD

caitlin

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yay 100%

davidsalter

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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.

nmdrm

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hi

oly202

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Brilliant. Thank You

EmmaColville

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some of the questions have been worded really badly

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