Business GCSE

Cost-plus pricing

What Cost-plus pricing means in Business GCSE, as defined for AQA.

Definition of Cost-plus pricing

Check what you remember

Read the wording for your board, then hide it and explain Cost-plus pricing in your own words. Rough notes are fine. This is a self-check, with no mark or grade.

Reference: AQA

Adding a percentage mark-up to unit cost so that costs are covered and a profit margin is built in.

AQA · The elements of the marketing mix: price, product, promotion and place (4Ps) (study guide)

Topics that use Cost-plus pricing

The elements of the marketing mix: price, product, promotion and place (4Ps) (AQA GCSE)

Related terms

Using Cost-plus pricing 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.

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All Business GCSE terms