Medium4 marksStructured
FinanceFinanceProfitCalculation

AQA GCSE · Question 02.6 · Finance

Table 2 Wedding information per week Average number of wedding bookings per week 2 Average costs per wedding £360 Average revenue received per wedding £1800

Debbie charges £180 for a family photography session. The cost to ODP for each session is £60.
Using the information in Table 2, calculate how many sessions Debbie would need each week to equal the profit from two weddings.
Show all workings.

How to approach this question

This is a multi-step calculation. 1. **Find the target profit.** Use Table 2 to calculate the total profit from two weddings. Remember Profit = Total Revenue - Total Costs. 2. **Calculate the profit from one family session.** The question gives you the revenue (£180) and cost (£60) for a family session. 3. **Divide.** Divide the total profit needed (from step 1) by the profit per family session (from step 2) to find the number of sessions required.

Full Answer

This calculation requires breaking the problem down into smaller parts. - **Step 1: Calculate the weekly profit from weddings.** The table shows 2 weddings per week. Total Revenue = 2 weddings × £1800/wedding = £3600 Total Costs = 2 weddings × £360/wedding = £720 Total Profit from weddings = £3600 - £720 = £2880. - **Step 2: Calculate the profit from one family photography session.** Revenue = £180 Cost = £60 Profit per session = £180 - £60 = £120. - **Step 3: Calculate how many sessions are needed to match the wedding profit.** Number of sessions = Total Profit from weddings / Profit per session Number of sessions = £2880 / £120 = 24 sessions.

Common mistakes

✗ Using revenue instead of profit. ✗ Calculating the profit for only one wedding instead of two. ✗ A simple arithmetic error in any of the steps.

Practice the full AQA GCSE Business Paper 2

26 questions · hints · full answers · grading

More questions from this exam