Skip to content

Cambridge IGCSE Business Studies

5.3.2Statement of profit or loss

Statement of profit or loss in Cambridge IGCSE Business Studies: what the syllabus expects you to know, the learning objectives and how to practise.
Subtopic14 practice questions1 lesson

Learning objectives

What the syllabus expects you to be able to do.

  1. 5.3.2.1Identify the main features of a statement of profit or loss.
  2. 5.3.2.2Make simple calculations from a statement of profit or loss and use it to make decisions (constructing one is not assessed).

Lessons

  • The income statement (statement of profit or loss)

    35 min

    Full access

Join to read every lesson, or see what Full access includes.

Sample question

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

Statement of profit or loss: sample question

1 mark

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

Choose one answer

Turn Statement of profit or loss into a strength.

Practise with instant marking, see your mastery grow and get a study plan built around your exam date.