logo

Question detail

A business has the following figures for the year: revenue £500,000; cost of goods sold £300,000; operating expenses £100,000; interest £5,000; tax £10,000. Calculate the gross profit margin and the net profit margin.

Try the question, check the answer, then read the explanation to understand the curriculum point.

At a glance

Question

Type

exam_style

Style

Topic

Quantitative skills in business

Exam-style question

Try this first

A business has the following figures for the year: revenue £500,000; cost of goods sold £300,000; operating expenses £100,000; interest £5,000; tax £10,000. Calculate the gross profit margin and the net profit margin.

Answer and explanation

Attempt the question first, then reveal the model answer and explanation.

Common mistake

No common mistake is linked to this question yet.

Related flashcards

No flashcards are published for this page yet.

Related practice questions

No questions are published for this page yet.