business calculations Flashcards
1
Q
Interest
A
Total repayment- borrowed amount divided by borrowed amount X100
2
Q
Total revenue
A
Quantity sold x price
3
Q
Variable cost
A
Variable cost per unit X output number of goods sold
4
Q
Total cost
A
Total fixed cost x total variable cost
5
Q
Profit
A
Total revenue - total costs
6
Q
Percentage change
A
Difference divided by original X100
