1) Identify how much profit was made in 2018 a) 2.3 million b) 14.3 million c) 3.2 million d) 2.8 million e) 2.2 million f) 2.4 million 2) How much profit was lost in 2018 compared to 2017? a) 12.3 million b) 12.1 million c) 2 million d) 3 million e) 6 million f) 8 million 3) Calculate the average profit a) 22 m b) 9 m c) 5.4 m d) 5.9 m e) 5.6 m f) 2.3 m 4) How much profit was made in 2023? a) 1.6 m b) 14.3 m c) 5.2 m d) 9 m e) 22.3 m f) 2.6 m 5) Calculate the average profit for the years shown a) 25.6 b) 25.3 c) 26.9 d) 25.4 e) 9.0 f) 12.5 6) Calculate the total profit for 2023 & 2022 a) 12.5m b) 16.9m c) 12.4m d) 45.3m e) 45.2m f) 8.5m 7) Calculate the percentage change between 2020 and 2021. a) 8.3% b) -7.8% c) -8.9% d) 6.7% e) 4% f) 34% 8) Calculate the percentage change between 2021 and 2022 a) 45% b) 17.5% c) 16% d) 16.5% e) 12.5% f) 2% 9) Calculate the percentage change between 2022 and 2023 a) 89% b) 66% c) 12% d) 55% e) 82% f) 4% 10) If the profit made in 2023 is divided between 3 people, how much do they receive each? a) 25m b) 0.56m c) 0.23m d) 0.86m e) 0.7m f) 22m

Unit 1: Average Profit Exam Questions

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