O-LevelCommerceFinance7100/11 · Oct/Nov 2025 · Q371 Mark
The table shows part of a profit and loss account for last year. [Table showing part of a profit and loss account in $ million: revenue (525), cost of sales (175), gross profit (350), expenses (300).] What was the net profit last year?
This question uses a diagram from the original paper, which isn't shown here. Open the full paper from the past papers archive to see it.
A$50 million
B$175 million
C$350 million
D$700 million
✓ Correct answer
A: $50 million
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