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Cambridge IGCSE Business Studies

5.3Profit and loss

Profit and loss in Cambridge IGCSE Business Studies: what the syllabus expects you to know, the learning objectives and how to practise.
Subtopic31 practice questions2 lessons

In this topic

Lessons

  • Profit and why it matters

    25 min

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  • The income statement (statement of profit or loss)

    35 min

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Sample question

A sample question on this topic. Answer it, check it, then read the worked answer.

Profit and loss: sample question

1 mark

In an income statement, which item is deducted from revenue to find gross profit?

Choose one answer

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