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3.3 Revenues, costs and profits

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Question 14

With reference to the data below, calculate the profit (in pence) for a single GreenGlow Matcha Latte sold at £3.80. You are advised to show your working.

Figure 1: GreenGlow Matcha Latte Revenue Distribution

GreenGlow Matcha Latte Revenue Distribution

ComponentPercentage
Matcha Powder5%
Oat Milk7%
Packaging6%
Rent/rates16%
Staff costs24%
VAT20%
Admin/overheads10%
Profit12%
[2]

3.3 Revenues, costs and profits Questions

  1. A Level
  2. /Economics
  3. /3.3 Revenues, costs and profits