EDEXCEL GCSE (9-1) BUSINESS CALCULATION PRACTICE BOOK PDF Free Download
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Edexcel GCSE (9-1) Business
Student Name:
Calculation
practice Book
2 EDEXCEL GCSE (9-1) Business Calculation Practice Book
CONTENTS
Theme 1
Costs 3-9
Revenue, Profit and Loss 9-14
Interest 15-18
Break Even (Formula) 19-22
Break Even (Diagrams) 23-33
Cash-Flow 34-37
Summary Assessment (Theme 1) 38-43
Theme 2
Bar Gate Stock Graphs 44-53
Gross Profit and Net Profit 53-59
Gross Profit Margin and Net Profit Margin 60-64
Average Rate of Return 65-69
Summary Assessment (Theme 2) 70-77
Quantitative Skills
Percentages and Percentage Changes 78-84
Averages 85-90
Marketing and Market Data 91-97
Changes in Costs and Changes in Prices 98-99
Summary Assessment (Theme 1 and Theme 2) 100-105
Remember, always show your workings!
Written by S. Hudson, R. White and G. Prior
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Question 1
Last year, a business had fixed costs of £875,000 and revenue of £2.5 million. The business had total variable costs
of £500,000 and sold 100,000 units. Calculate the total costs of the business last year.
Question 2
The table below shows some financial information relating to a business in April.
Question 3
A business has provided the following financial information relating to the first quarter of the year.
Using this information, calculate the total variable costs for the business for this period.
Using the information in the table, calculate the total costs of the business for April.
Theme 1
Costs
Fixed costs
Number of units sold
Variable cost per unit
Total costs
Number of units sold
Fixed costs
£18,000
24,000
£2.75
£187,500
5,450
£91,500
April
January – March
£
£
£
4 EDEXCEL GCSE (9-1) Business Calculation Practice Book
Question 4
A business generated £250,000 of revenue last month. Its total costs were 35% of its revenue during that period.
Calculate the total costs of the business last month.
Question 5
The graph below shows the sales volume a small business generated from three different products last year. The fixed
costs last year were £125,000. The variable cost per unit for each product is shown in the table.
£
£
70,000
60,000
50,000
40,000
30,000
20,000
10,000
0
Product A Product B Product C
Units
Product A
Product B
Product C
£2.00
£3.75
£5.00
Variable cost per unit
Using the information provided, calculate the total costs of the business last year.
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Question 6
The graph below shows the fixed costs and total costs of a small business.
£
£
£
£
£10,000
£9,000
£8,000
£7,000
£6,000
£5,000
£4,000
£3,000
£2,000
£1,000
£0
0 100 200 300 400 500 600
Costs
Units
Total costs
Fixed costs
Using the information provided:
i Identify the value of the fixed costs of the business.
ii Identify the total costs of the business at 200 units.
iii Calculate the total variable costs of the business at 600 units.
iv Calculate the variable cost per unit.
6 EDEXCEL GCSE (9-1) Business Calculation Practice Book
Question 7
The total costs of a business over time are shown in the graph below.
£
£
£
Using the information provided:
i Calculate the average total costs of the business over the three years. Give your answer to two decimal places.
ii If the fixed costs of the business last year amounted to £40,000, calculate the value of the total variable
costs of the business last year.
iii Calculate the percentage decrease in the total costs of the business between last year and next year.
Give your answer to two decimal places.
Total costs
Years
Last year
This year
Next year
£0 £20,000 £40,000 £60,000 £80,000 £100,000 £120,000
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£
%
£
Using the information provided, calculate:
i The total costs of the business at 10,000 units.
ii The total variable costs of the business as a percentage of fixed costs at 2,000 units.
iii The variable cost per unit.
Question 8
The fixed costs and total variable costs of a business are shown in the graph below.
£500,000
£450,000
£400,000
£350,000
£300,000
£250,000
£200,000
£150,000
£100,000
£50,000
£0
0 2,000 4,000 6,000 8,000 10,000
Costs
Units
Total variable costs
Fixed costs
8 EDEXCEL GCSE (9-1) Business Calculation Practice Book
Question 9
The chart below shows the number of units a business sold this year and last year.
2,000
1,800
1,600
1,400
1,200
1,000
800
600
400
200
0Last year This year
Number of units ‘000s
Year
i Using the information in the chart, calculate the percentage increase in the number of units sold between this
year and last year.
ii If the business expects to sell 30% more units next year compared to this year, calculate the number
of units the business expects to sell next year.
%
units
