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Cambridge IGCSE Accounting practice

What is the formula for calculating Gross Margin?

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MCQ

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cambridge_mcq

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Topic

Accounting policies

Exam-style question

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What is the formula for calculating Gross Margin?.

  1. A.Gross Profit divided by Revenue multiplied by 100
  2. B.Net Profit divided by Revenue multiplied by 100
  3. C.Gross Profit divided by Cost of Sales multiplied by 100
  4. D.Net Profit divided by Cost of Sales multiplied by 100

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Paper 2 structured question: Accounting policies

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Description

Gross Margin Calculation

Calculate the Gross Margin for the company.

  1. a

    Calculate the Gross Margin percentage.

    Aim for approximately 2 distinct marking points.

    [2]