Calculation Questions – Business Studies – Unit 1 (2014 – 2024)

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January 2024 – Q1B

In 2022, average incomes in Europe increased by 4% and Meqnes’ sales in Europe

increased from 1,000 travel bags to 1,120 travel bags a week.

Using this data, calculate the income elasticity of demand (YED) for Meqnes
travel bags. (4)

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Shev 1
January 2024 – Q2B

Using the data in Extract C, calculate to 2 decimal places, the average global
revenue for the fast-food market between 2019 and 2022. (4)

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Shev 2
May 2023 – Q2B

Calculate, to two decimal places, the percentage change in the number of school
meals donated by Mindful Chef between 2020 and 2021. You are advised to show your
workings. (4)
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Shev 3
Oct 2023 – Q2B

A retailer selling Pukka tea decreased the price of a packet of tea from $10 to $8. Sales
increased from 2,500 packets to 3,500 packets per week.

Calculate the price elasticity of demand (PED) for the packets of tea. You are advised to
show your working. (4)

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Jan 2022 – Q2B

In January 2019 Aldi’s monthly revenue was £1.19bn.

In January 2020 the total monthly revenue for UK supermarkets was £16bn.
In January 2020 Aldi had a 9% market share of the total monthly revenue for UK
supermarkets.

Using the data, calculate the increase in monthly revenue for Aldi between January 2019
and January 2020. You are advised to show your workings. (4)

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Shev 4
May 2022 – Q1B
Vietjet Air has 80 planes.
Each plane:• has 240 seats
• flies 3 flights a day
• is 88% full.
Using this data, calculate the total demand for Vietjet Air seats each day. You are
advised to show your working. (4)
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May 2022 – Q2B

In a country where GoPro sells its products the income elasticity of demand for
cameras is 0.6. Average incomes increased by 5%.
Using this data, calculate the percentage change in sales of GoPro cameras. You are
advised to show your working. (4)
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Shev 5
Jan 2021 – Q2B
The price elasticity of demand (PED) is estimated to be –1.5 for games consoles.

If Nintendo reduces its console prices by 8%, calculate the estimated percentage
change in demand. You are advised to show your working. (4)
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May 2021 – Q1B

Shev 6
The total revenue in 2018 for global chocolate sales was $130bn.

Using this data and Extract B, calculate, to two decimal places, the total percentage
market share of the top three chocolate manufacturers. You are advised to show your
working. (4)
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May 2021 – Q2B

In 2018, incomes in Turkey increased by 6% and BiSU sales increased from 100,000
deliveries to 112,000 deliveries a month.

Using this data, calculate the income elasticity of demand for BiSU. You are advised to
show your working. (4)
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Shev 7
Oct 2021 – Q2B

The average yearly salary of the 18,000 Deutsche Bank employees who were made
redundant was $80000. Those made redundant were given three months’ pay plus a
bonus of $8000 per employee.

Using the above data, calculate the total amount of redundancy payments made by
Deutsche Bank. You are advised to show your workings. (4)

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Jan 2020 – Q2B

Extract C: The annual sales revenue of the business increased from $3.52bn in 2016 to
$4.16bn in 2017.

Using Extract C, calculate to 2 decimal places, the percentage change in sales revenue
for Skechers between 2016 and 2017. You are advised to show your working.

(4)
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Shev 8
May 2020 – Q1B

A retailer decreases the price of a Samsung television from $800 to $780. Sales of that
television increase from 9,000 to 9,450.

Calculate the price elasticity of demand (PED) for the television. You are advised to
show your working. (4)

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Jan 2019 – Q1B

In 2016 Primark sales fell by 2% from the previous year. Also in 2016, UK average wages
rose from £520 to £533 per week.

Using the data, calculate the income elasticity of demand (YED) for Primark in 2016. You
are advised to show your working. (4)

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Shev 9
May 2019 – Q1B

Calculate the price elasticity of demand (PED) for a Superdry t-shirt if the price
decreases by 10% and sales increase from 120,000 to 150,000. You are advised to show
your working. (4)

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Jan 2018 – Q9A

The following information is available:

• fixed costs for a production run of Areca tableware = Rs4 000
• average variable cost per unit = Rs1.5
• selling price per unit = Rs6.5

Using the information above, calculate the break-even output of Areca tableware.
(Show your working.) (4)

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Shev 10
May 2018 – Q9A

The following information is an extract from Chobani’s Statement of Income for the Year
Ending 30 April 2017.

Using the above information, calculate Chobani’s profit for the year margin to one
decimal place. (Show your working.) (4)

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Shev 11
October 2018 – Q9A

Selected financial data from DinoByte Labs:

• Fixed costs to produce a new game £7 200
• Average variable costs per game £9
• Average selling price per game £45

Using the data above, calculate the break-even output for DinoByte Labs. (Show your
working.) (4)

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January 2017 – Q4

Cosmetics company L’Oreal reported the results given below on 31 December 2014.

What was L’Oreal’s profit for the year margin? (4)

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Shev 12
January 2017 – Q9A

The following information is available from Gladiator Lacrosse.

Fixed costs for a full production run of the lacrosse rebounder = $32 000
Average variable costs per lacrosse rebounder = $85
Average selling price per lacrosse rebounder = $245

Using the above data, calculate the break-even output for Gladiator Lacrosse
rebounders. (Show your working.) (4)

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May 2017 – Q9A

Projected sales and costs figures for bio-bean ltd’s next annual accounts are as follows:

• Expenses £270 200

• Cost of Goods Sold £140 000
• Revenues £650 000

Calculate, to 2 decimal places, bio-bean ltd’s projected profit for the year margin.
(Show your working.) (4)

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Shev 13
October 2017 – Q5

J Barbour & Sons supplies clothing to a wide range of retailers.

• Break-even output per month = 350 units

• Monthly sales revenue = £100 000
• Unit selling price = £250

Calculate the monthly margin of safety for J Barbour & Sons. (Show your working.) (4)

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October 2017 – Q9A

Last year DevaniSoft’s revenue was £141 600 with a gross profit of £117 600.

Using these figures, calculate, to 2 decimal places, the gross profit margin for
DevaniSoft. (Show your working.) (4)

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Shev 14
January 2016 – Q9A

The following information is available from Tiossan.

• Fixed costs for a production run of Terrango Body Cream = $8 000

• Average variable costs per unit = $6.00
• Selling Price per unit = $38.00

Using the above information, calculate how many units of Terrango Body Cream Tiossan
needs to sell to break even. (Show your working.) (4)

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Shev 15
October 2016 – Q9A

The following is an extract from Origami Owl’s Statement of Income for Year Ending 31
March 2016.

Using these figures, calculate Origami Owl’s profit for the year margin. (Show your
working.) (4)

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Shev 16
Janaury 2015 – 9A

The following is an extract from Hummingbird Bakery’s statement of comprehensive

income for the year ending 30th June 2013.

Calculate Hummingbird Bakery’s gross profit margin. (Show your working) (4)

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Shev 17
May 2015 – Q9A

The following is an extract from ABP’s Statement of Income for Year Ending 30th April
2013.

Using the above information, calculate ABP’s profit for the year margin. (4)

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Shev 18
May 2014 – Q7

To raise money for the charity Children in Need, a group of business students at Landau
Forte College in Derby, bought and resold Krispy Kreme doughnuts. Cost of sales was
£80, average selling price was £1.20, fixed costs were £20 and 200 doughnuts were
sold.

What was the total contribution from the sales of the doughnuts? (4)

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TOTAL FOR PAPER = 28 X 4 = 112 MARKS

Shev 19