Quiz: Gross Profit Margin - What It Shows
Pearson Edexcel Level 1/Level 2 GCSE (9-1) in Business (1BS0)
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Building on what you've learned about gross and net profit, let's explore gross profit margin and what it tells us!
What does gross profit margin measure?
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Which of the following factors influence gross profit margin? (Select all that apply)
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Gross profit margin is calculated by dividing gross profit by {{blank0}} and multiplying by {{blank1}}.
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Match the items on the left with their correct pairs on the right
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A business has £50,000 in gross profit and £200,000 in revenue. What is the gross profit margin?
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Why is gross profit margin important for a business?
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A {{blank0}} gross profit margin indicates a business is keeping more revenue as profit, while a {{blank1}} margin suggests higher costs related to sales.
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Match the items on the left with their correct pairs on the right
A company has a gross profit margin of 40% and revenue of £80,000. What is its gross profit?
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Which of the following businesses is likely to have the highest gross profit margin?
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