
GCSE Business Calculations Quiz
Quiz
•
Business
•
9th - 10th Grade
•
Practice Problem
•
Medium
Ms Cave
Used 1+ times
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20 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A product's price increases from £100 to £120. What is the percentage increase?
10%
15%
20%
25%
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A business’s costs decrease from £500 to £400. What is the percentage decrease?
20%
25%
30%
40%
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If a business has sales of £1,000, £1,500, £2,000, and £2,500 over four months, what is the average monthly sales figure?
£1,750
£2,000
£2,250
£2,500
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A company sells 400 units of a product at £25 each. What is the total revenue?
£1,000
£4,000
£10,000
£20,000
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A business has fixed costs of £1,000 and variable costs of £15 per unit. If the business produces 200 units, what is the total cost?
£2,000
£3,000
£4,000
£5,000
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A business generates £12,000 in revenue and incurs £9,000 in costs. What is the profit?
£2,000
£3,000
£6,000
£9,000
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A company has sales revenue of £40,000 and a gross profit of £20,000. What is the gross profit margin?
20%
40%
50%
60%
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