Two Levels of Profit
Two Levels of Profit
Gross profit is the amount left from sales revenue after deducting the direct cost of the goods sold. It shows whether selling the product itself generates profit.
Step-by-step lessons on Edexcel GCSE Business 2.4.1a Gross and net profit. Each one builds up to exam-style questions. Start by mastering business terminology and the functional areas (marketing, finance, operations, HR) before moving on to the extended, evaluation-heavy questions that carry the most marks.