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Business Studies > GCSE Calculations ALL I NEED TO KNOW YR10 ONLY > Flashcards

GCSE Calculations ALL I NEED TO KNOW YR10 ONLY Flashcards

1
Q

how do you calculate the Revenue?

A

Price X Quantity

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2
Q

How do you calculate the total cost

A

Fixed Price + Variable Cost

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3
Q

How do you calculate the Profit

A

Revenue - Total Cost

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4
Q

How do you calculate the Total Variable cost

A

Total variable cost per unit X Number of unit sold

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5
Q

How do you calculate the Average yearly profit

A

Total profit ÷ No of years

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Business Studies (9 decks)

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