Year 7 Business Studies: Basic Finance Calculations
Business Studies
Year 7
11 questions
~22 mins
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About This Worksheet
This worksheet will help you understand simple financial calculations related to business. Answer each question carefully using your maths skills.
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Year 7 Business Studies: Basic Finance Calculations
Subject: Business StudiesGrade: Year 7
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Untitled Worksheet
Grade Year 7
A
Questions
This worksheet will help you understand simple financial calculations related to business. Answer each question carefully using your maths skills.
Answer all questions in the spaces provided.
1.
A shop sells a box of chocolates for £5. If a customer buys 3 boxes, how much will they pay in total?
[3 marks]2.
A business earns £200 each day. How much money does it earn in 7 days?
[3 marks]3.
A pair of shoes costs £50, but there is a 10% discount. How much is the discount amount?
[4 marks]4.
A business has expenses of £800 per month and earns £1,200 in revenue each month. What is its profit for the month?
[4 marks]5.
A product costs £10 to make. If a shop sells it for £15, what is the profit made on each item?
[3 marks]6.
A business has a total income of £5,000 and total expenses of £3,500 in a month. What is its net profit?
[4 marks]7.
Calculate the total cost for 8 notebooks, each costing £2.50.
[3 marks]8.
A business wants to increase its sales from £4,000 to £5,000. What is the percentage increase?
[4 marks]9.
Sketch a simple bar chart showing the sales figures for four months: January (£1,000), February (£1,500), March (£1,200), April (£2,000).
[5 marks]Drawing / Sketch space
10.
If a business’s total sales are £10,000 and its total costs are £7,500, what is its gross profit?
[4 marks]11.
A product costs £8 to produce and is sold for £12. If the business sells 50 units, what is the total profit?
[5 marks]Quick Actions
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Details
- Created
- 1/2/2026
- Updated
- 1/2/2026
- Type
- worksheet