Gross and net profit margins
Gross and net profit margins
A profit margin shows profit as a percentage of revenue. It explains how much of each £1 of sales remains after particular costs have been paid.
Step-by-step lessons on Edexcel GCSE Business 2.4.1b Margins and average rate of return. 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.