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Step by step Calculation Booklet – GCSE Business Edexcel

This GCSE Business Calculation Booklet is specifically designed for lower-ability students to develop their confidence in financial calculations. It provides a step-by-step learning approach, ensuring that students grasp essential business math concepts with ease.

The booklet includes 22 fundamental business calculations, each broken down into clear, structured steps to help students understand the process thoroughly. Every topic includes:

• A formula explanation
• Guided examples
• Practice questions
• Full worked-out answers

To reinforce learning, the booklet also features four comprehensive practice tests, allowing students to apply their knowledge and test their understanding in an exam-style format.

This resource is ideal for building confidence in GCSE Business students who need extra support in mastering key financial concepts. The 22 calculations covered in this booklet are:

1. Total Sales Revenue – Sales price per unit × Quantity sold
2. Total Costs – Total fixed costs + Total variable costs
3. Total Fixed Costs – Sum of all fixed expenses
4. Total Variable Costs – Variable cost per unit × Number of units
5. Total Profit/Loss – Total revenue - Total costs
6. Gross Profit – Sales revenue - Cost of sales
7. Gross Profit Margin – (Gross profit / Sales revenue) × 100
8. Net Profit – Gross profit - Other expenses and interest
9. Net Profit Margin – (Net profit / Sales revenue) × 100
10. Average Annual Profit – Total profit of the investment / Number of years
11. Average Rate of Return (ARR) – (Average annual profit / Cost of investment) × 100
12. Break-even Point – Fixed costs / (Selling price per unit - Variable cost per unit)
13. Margin of Safety – Actual or budgeted sales - Break-even sales
14. Total Inflows – Net cash flow + Total outflows
15. Total Outflows – Total inflows - Net cash flow
16. Net Cash Flow – Total cash inflows - Total cash outflows
17. Opening Balance – Closing balance - Net cash flow
18. Closing Balance – Opening balance + Net cash flow
19. Interest % on Loans – (Total repayment - Borrowed amount) / Borrowed amount × 100
20. Percentage Calculation – (Part / Whole) × 100
21. Percentage Change – ((New value - Old value) / Old value) × 100
22. Average Calculation – Total value / Number of items

By following this structured and supportive approach, students can gain mastery over business calculations, preparing them effectively for their GCSE exams.