Daily Practice

GCSE Business

6th July 2025

5 questions · GCSE · 503 questions in this band

1
Financial statements: the income statement and statement of financial position
State the formula for gross profit.
2
Analysing financial statements: ratio analysis
A business's gross profit margin falls from 35% to 30%. State whether this is an improvement or a decline.
3
Capital Expenditure and Revenue Expenditure
What is revenue expenditure?
4
Choosing the Right Source of Finance for a Business Scenario
A sole trader needs finance but does not want to give up any control of her business. Which source should she avoid, and why?
5
Break-Even: The Effect of Changes in Price, Costs and Output
A business's contribution per unit is 10 pounds and its fixed costs are 5,000 pounds. Calculate its break-even output.

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