Business A-Level
profit margins
What profit margins means in Business A-Level, as defined for AQA.
Definition of profit margins
Check what you remember
Read the wording for your board, then hide it and explain profit margins in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: AQA
Each profit divided by revenue and shown as a percentage, labelled clearly which of the three has been worked out.
Topics that use profit margins
- Setting financial objectives (AQA A-Level)
Related terms
- control and motivation
- overtrading
- return on investment
- cash flow objectives
- gross profit
- operating profit
- profit for the year
- revenue, cost and profit targets
Using profit margins in the exam
Check the command word and mark scheme for your exact question. After comparing your explanation with the reference, use the term in an answer on the linked topic. This practice does not predict an exam mark.
Practise Business questions
Create a free account to answer exam-style questions on this topic and get feedback on your answers.
Start free
All Business A-Level termsA week of Premium from your first lesson · Then the free plan continues · No card, no charge