WorksheetsGross Profit Analysis
Total questions: 10
Worksheet time: 5mins
Revenue = £100,000
Cost of sales = £50,000
Other expenses = £25,000
What is the gross profit?
£25,000
£50,000
£100,000
£75,000
What is the gross profit margin formula?
Net profit / Total revenue x 100
Gross profit / Total revenue x 100
Total revenue / Gross profit x 100
Cost of sales / Total revenue x 100
Revenue = £80,000
Cost of sales = £30,000
Other expenses = £10,000
What is the total net profit?
£70,000
£65,000
£50,000
£40,000
Revenue = £100,000
Cost of sales = £50,000
Other expenses = £40,000
What is the gross profit margin?
35%
50%
10%
85%
What will impact the gross profit margin?
Cost of sales increase
Decrease in operating (other) expenses
Sales price charged remaining the same
Increase in operating (other) expenses
Why might the gross profit margin go down?
The enterprise has improved their profitability
Enterprise charging lower prices
Enterprise charges the same prices
Enterprise charging higher prices
Why might the gross profit margin go up?
Cost of sales have decreased
Cost of sales have increased
Operating (other) expenses have increased
Operating (other) expenses have decreased
Gross profit is the difference between ____
Sales revenue and total costs
Sales revenue and cost of sales
Sales revenue and other expenses
Sales revenue and fixed costs
Revenue = £200,000
Cost of sales = £160,000
Operating (other expenses) = £20,000
What is the total gross profit?
£40,000
£20,000
£180,000
£65,000
Total revenue = £100,000
Cost of sales = £70,000
Operating (other) expenses = £10,000
What is the net profit margin?
40%
30%
20%
10%
