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(4) - Profit Margins Quiz

Authored by CEC Computing

Business

9th - 11th Grade

Used 113+ times

(4) - Profit Margins Quiz
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10 questions

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1.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

A business has the following balance:

Turnover: £3000

Cost of Sale: £500

Total Expenses: £1000


Calculate the Net Profit Margin

50%

60%

40%

70%

80%

2.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

A business has the following balance:

Turnover: £15500

Cost of Sale: £6040

Total Expenses: £5340


Calculate the Net Profit Margin

27%

30%

32%

26%

28%

3.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

A business has the following balance:

Turnover: £12000

Cost of Sale: £9654

Total Expenses: £2000


Calculate the Net Profit Margin

3%

2%

4%

1%

0.5%

4.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

A business has the following balance:

Turnover: £14500

Cost of Sale: £6044

Total Expenses: £3400


Calculate the Net Profit Margin

35%

33%

37%

31%

29%

5.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

A business has the following balance:

Turnover: £2500

Cost of Sale: £560

Total Expenses: £234


Calculate the Net Profit Margin

68%

69%

70%

71%

72%

6.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

A business has the following balance:

Turnover: £3000

Cost of Sale: £500

Total Expenses: £1000


Calculate the Gross Profit Margin

83.3%

85.3%

81.3%

84.3%

82.3%

7.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

A business has the following balance:

Turnover: £15500

Cost of Sale: £6040

Total Expenses: £5340


Calculate the Gross Profit Margin

61%

60%

62%

63%

58%

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