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Business - Alevel
Business - (theme 2)
Sales, revenue and costs
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Created by
Naana
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Cards (3)
Bank loan calculation
Total cost of
credit
= amount
borrowed
x %
rate
of the
loan
Total amount
repayable
= amount
borrowed
+ total cost of
credit
Monthly repayments = total amount
repayable
divided by number of
years loan
is over (months)
Variable
cost

costs that do
vary
with the
level
of
output
Total Variable cost:
average variable
costs
x quantity