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Finance
Quick questions on Revenue, costs and profit - WJEC GCSE Business
2short Q&A pairs drawn directly from our worked dot-point answer. For full context and worked exam questions, read the parent dot-point page.
What is q1?Show answer
A business sells 800 units at 25 each. Calculate its total revenue. [1 mark]
What is q2?Show answer
Fixed costs are 10,000 and total variable costs are 14,000. The business earns revenue of 30,000. Calculate its profit.
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