Q BankQuestion BankDocsDocuments

Q BankQuestion BankDocsDocuments

Cambridge IGCSE Business (0264)

1. Understanding business activity

2. People in business

4. Operations management

5. Financial information and decisions

6. External influences on business activity

7. Formulas and ratios

IGCSE/CAIE/Business Studies/Concept

7.3.3—Profit

Syllabus: 0264–2027–2028
Objective: 7.3.3
Level: —

7.3.3—Profit

Profit = Total revenue - total costs, or gross profit - expenses.

ConceptIGCSE Business Studies