CAIE IGCSE Business 0264 - Paper 2

5.3 Profit and loss

Topical Past-Paper Questions

Why it’s here: Revenue, cost of sales, gross profit and profit for the year.

CAIE IGCSE Business 0264 Paper 2 Topic 5.3

The main ideas to know for 5.3 Profit and loss.

Selling price multiplied by quantity sold gives sales revenue.

Revenue minus cost of sales gives gross profit.

Gross profit minus expenses gives profit for the year.

Results help owners compare performance and make decisions.

Profit and loss includes selected 0450 questions that continue to align with the Cambridge IGCSE Business 0264 syllabus.

Keep every answer connected to the business in the case study.

Exam material

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Published questions will appear here as soon as they are added in the question-bank admin.