
Calculating Revenue and Total Costs

Quiz
•
Business
•
8th Grade
•
Easy
Kevin Woodward
Used 2+ times
FREE Resource
20 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A shop sells notebooks for £2 each. If the shop sells 50 notebooks in a day, what is the total revenue for that day?
£100
£150
£200
£250
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A company produces widgets at a variable cost of £5 per widget. If they produce 200 widgets, what are the total costs?
£500
£1,000
£1,500
£2,000
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If a bakery sells 120 loaves of bread at £1.50 each, what is the total revenue?
£150
£180
£200
£220
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A factory has fixed costs of £300 and variable costs of £2 per unit. If they produce 100 units, what are the total costs?
£400
£500
£600
£700
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A lemonade stand sells lemonade for £0.75 per cup. If they sell 80 cups, what is the total revenue?
£50
£60
£70
£80
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A business has a total revenue of £1,200 and total costs of £800. What is the profit?
£300
£400
£500
£600
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A shop buys toys at £3 each and sells them for £5 each. If they sell 40 toys, what is the total revenue?
£100
£150
£200
£250
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