Skip to content

Revenue, cost and gross margin

Understand what gross margin means, how it differs from revenue, and how discounts change it.

Level
Beginner
Length
About 30 minutes
Contents
3 lessons · 1 video · final exam
Status
Published · updated 1 Oct 2026

Skills you'll practise

  • Calculate gross profit and gross margin from revenue and cost
  • Explain why higher revenue doesn't always mean more profit
  • Work out the effect of a discount on margin
  • Tell margin apart from markup

Course outline

  1. 1.Revenue, cost and gross marginVideo · 1 min
  2. 2.Margin, markup and discountsLesson · 12 min
  3. 3.Fixed costs, variable costs and break-evenLesson · 14 min
  4. 4.Reading a product profit reportLesson · 12 min
  5. 5.Revenue, cost and gross margin: knowledge checkKnowledge check · 16 questions
  6. 6.Revenue, cost and gross margin: practical exerciseKnowledge check · 1 question
  7. 7.Final exam3 questions · passing it completes the course, so people who already know the material can test out

Sources it draws on

The lessons and questions are written from these references, so learners can go back to the original.

  • General business-finance fundamentals (revenue, cost, gross margin, budgets)

See it with your own jobs and topics

Tell us about your team and we'll walk you through setup, from choosing jobs to your first skills check.