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24 exam style questions for students to practise calculating profit using the formula,
Profit = total revenue (TR) - Fixed costs (FC) - Total variable costs (TVC)
There are 12 case study businesses. Each case study has one simple profit question and one more difficult question where they have to rearrange the formula.
Fully worked answers are provided
Suitable for
A Level Business Studies
IB Business Management
BTEC Business Studies
GCSE Business Studies
GCSE Economics
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