maths questions for buisness

• What is the formula to calculate revenue?

  Selling price x Quantity sold
• If the selling price is £5.50 and the quantity sold is 100, what is the revenue?


  £550
• What is the formula to calculate variable costs?

  Variable cost per unit x Output
• If the variable cost per unit is £4 and the output is 100, what are the variable costs?


  £400
• How do you calculate total costs?

  Fixed costs + Variable costs
• If fixed costs are £280 and variable costs are £20, what are the total costs?


  £300
• What is the formula to calculate profit?

  Revenue - Total costs
• If revenue is £550 and total costs are £300, what is the profit?


  £250
• What is the formula to calculate gross profit?


  Revenue - Cost of sales
• If revenue is £500 and cost of sales is £150, what is the gross profit?


  £350
• What is the formula to calculate net profit?

  Total revenue - Cost of sales - Expenses
• If gross profit is £350 and expenses are £100, what is the net profit?


  £250
• What is the formula to calculate gross profit margin?


  Gross profit ÷ Revenue x 100
• If gross profit is £200 and revenue is £500, what is the gross profit margin?


  40%
• What is the formula to calculate net profit margin?

  Net profit ÷ Revenue x 100
• If net profit is £150 and revenue is £3000, what is the net profit margin?


  5%
• What is the formula to calculate annual average profit percentage?


  Annual average profit ÷ Cost of investment x 100
• If annual average profit is £1,600 and cost of investment is £5,000, what is the annual average profit percentage?


  32%
• What is the formula to calculate the break-even point in units?


  Fixed costs ÷ (Selling price - Variable costs per unit)
• If fixed costs are £10,000, selling price is £50, and variable costs are £20, what is the break-even point in units?


  500 units
• What is the formula to calculate net cash flow?


  Total inflows - Total outflows
• If total inflows are £44,000 and total outflows are £30,000, what is the net cash flow?


  £14,000
• What is the formula to calculate the closing balance?

  Net cash flow + Opening balance
• If net cash flow is £15,000 and opening balance is £1,000, what is the closing balance?


  £16,000