GCSE Business Calculations Quiz

GCSE Business Calculations Quiz

9th - 10th Grade

20 Qs

quiz-placeholder

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GCSE Business Calculations Quiz

GCSE Business Calculations Quiz

Assessment

Quiz

Business

9th - 10th Grade

Medium

Created by

Ms Cave

Used 1+ times

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20 questions

Show all answers

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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