A café has £800 of sales revenue. What must be taken away before calling it profit?
Selling price must be subtracted.
Revenue must be subtracted.
Costs must be subtracted.
Quantity sold must be subtracted.
Flashcards for OCR GCSE Business Revenue, costs, profit and loss, covering the key terms, formulae and case studies you need to recall for Business 1 and Business 2. 23 cards, matched to the OCR GCSE Business (J204) specification. Recall questions account for roughly 35% of marks at GCSE Business, so these target the marks you can secure before the paper starts.