IGCSEBusinessEdexcelRevision Notes6. Exam Technique6.3 Structuring Your ResponsesCalculate Questions

Calculate Questions (Edexcel IGCSE Business): Revision Note

Exam code: 4BS1

Lisa Eades

Written by: Lisa Eades

Reviewed by: Steve Vorster

Updated on

How do I answer an Edexcel IGCSE Business 'Calculate' question?

  • In these questions you need to use mathematical skills to reach the answer, based on given data

  • Calculators may be used and workings should always be given

Example

  • In this example, one mark is awarded for the working and one mark for the final answer

The table contains information about Mind Candy’s performance in 2013.

Sales revenue

£30 560 692

Gross profit

£22 190 385

Other operating expenses and interest

£25 044 332

Using the information in the table, calculate Mind Candy’s cost of sales. You are advised to show your workings.

[2]

Cost of sales formula showing: £30,560,642 minus £22,190,385 equals £8,370,307, with checked marks indicating correct calculation.

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    Author
    Reviewer
    Lisa Eades

    Author: Lisa Eades

    Expertise: Business Content Creator

    Lisa has taught A Level, GCSE, BTEC and IBDP Business for over 20 years and is a senior Examiner for Edexcel. Lisa has been a successful Head of Department in Kent and has offered private Business tuition to students across the UK. Lisa loves to create imaginative and accessible resources which engage learners and build their passion for the subject.

    Steve Vorster

    Reviewer: Steve Vorster

    Expertise: Economics & Business Subject Lead

    Steve has taught A Level, GCSE, IGCSE Business and Economics - as well as IBDP Economics and Business Management. He is an IBDP Examiner and IGCSE textbook author. His students regularly achieve 90-100% in their final exams. Steve has been the Assistant Head of Sixth Form for a school in Devon, and Head of Economics at the world's largest International school in Singapore. He loves to create resources which speed up student learning and are easily accessible by all.