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OCR · GCSE · Business Studies

Free OCR GCSE Business Studies
Practice Paper

8 mixed-difficulty practice questions in the style of real OCR GCSE papers — answers, mark-scheme-style explanations, and the official exam structure all on one page.

Take a Mini Mock →

What the real OCR GCSE Business Studies paper looks like

Paper 1
Approximately 1 hour 30 minutes, ~70-100 marks. Covers Topics 1-4 of the specification.
Paper 2
Approximately 1 hour 30 minutes, ~70-100 marks. Covers Topics 5-8 of the specification.
Paper 3
Where applicable — e.g. Combined Science, Languages. Includes synoptic and applied questions.
Total exam time: ~3 hours across two or three papers.
Grading: Grades: 9 (highest) to 1 (lowest), with U (ungraded). A grade of 4 is a standard pass; 5 is a strong pass.

Mini practice paper: 8 questions

Mixed-difficulty questions from across the Business Studies syllabus. Tap "Show answer" after each to check yourself.

Q1 · Difficulty 1/3

What is meant by a unique selling point?

  1. The location where a product is sold
  2. The first sale a business makes
  3. The highest price a product can command
  4. The feature that distinguishes a product from competitors and gives customers a reason to choose it
Show answer & explanation
✓ Answer: D — The feature that distinguishes a product from competitors and gives customers a reason to choose it
Award 1 mark. It may be price, quality, design, service or convenience.
Q2 · Difficulty 1/3

What is a closing balance in a cash-flow forecast?

  1. The total revenue for the month
  2. The profit made in the month
  3. The cash the business holds at the end of a period, carried forward as the next period's opening balance
  4. The amount owed to suppliers
Show answer & explanation
✓ Answer: C — The cash the business holds at the end of a period, carried forward as the next period's opening balance
Award 1 mark. A negative closing balance means an overdraft is needed.
Q3 · Difficulty 1/3

What is a niche market?

  1. A small, specific segment of a larger market with particular needs
  2. A market with no competitors
  3. The largest market a business can reach
  4. A market that exists only online
Show answer & explanation
✓ Answer: A — A small, specific segment of a larger market with particular needs
Award 1 mark. Niche businesses often charge more because the product is closely matched to that group.
Q4 · Difficulty 1/3

What does a break-even chart show?

  1. The cash balance at the end of each month
  2. The output at which total revenue equals total costs
  3. The market share of each competitor
  4. The profit earned by each product
Show answer & explanation
✓ Answer: B — The output at which total revenue equals total costs
Award 1 mark. Below that output the business makes a loss, above it a profit.
Q5 · Difficulty 1/3

How is total cost calculated?

  1. Revenue − fixed costs
  2. Price × quantity sold
  3. Variable cost ÷ output
  4. Fixed costs + variable costs
Show answer & explanation
✓ Answer: D — Fixed costs + variable costs
Award 1 mark. Total cost combines costs that stay the same with costs that change with output. Price × quantity is revenue, not cost.
Q6 · Difficulty 1/3

What is a sample in market research?

  1. A free product given to customers
  2. A completed sales record
  3. The whole population of a market
  4. The group of people selected to represent the wider target market
Show answer & explanation
✓ Answer: D — The group of people selected to represent the wider target market
Award 1 mark. A sample too small or unrepresentative produces misleading results.
Q7 · Difficulty 1/3

What is net profit?

  1. Revenue minus cost of sales
  2. The cash received during the year
  3. Gross profit minus all other expenses
  4. The value of stock held
Show answer & explanation
✓ Answer: C — Gross profit minus all other expenses
Award 1 mark. It is the figure that shows whether the business genuinely made money.
Q8 · Difficulty 1/3

What is a target market?

  1. Every customer in a country
  2. The market a competitor dominates
  3. The sales figure a business aims to reach
  4. The specific group of customers a business aims its product and marketing at
Show answer & explanation
✓ Answer: D — The specific group of customers a business aims its product and marketing at
Award 1 mark. Identifying it makes every other marketing decision sharper.
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OCR GCSE Business Studies FAQ

What does the OCR GCSE Business Studies exam look like?
The OCR GCSE Business Studies exam is structured across 3 components. Paper 1: Approximately 1 hour 30 minutes, ~70-100 marks. Covers Topics 1-4 of the specification. Paper 2: Approximately 1 hour 30 minutes, ~70-100 marks. Covers Topics 5-8 of the specification. Paper 3: Where applicable — e.g. Combined Science, Languages. Includes synoptic and applied questions. Total exam time: ~3 hours across two or three papers.
Can I download a free OCR GCSE Business Studies past paper?
Real OCR past papers are published directly by OCR on their official website. Kramizo doesn't redistribute copyrighted past papers, but we do generate free AI-written practice papers in the exact same style — same command words, same difficulty tier, same mark conventions. Use this practice paper as warm-up, then time yourself on official past papers before exam day.
How is OCR GCSE Business Studies graded?
Grades: 9 (highest) to 1 (lowest), with U (ungraded). A grade of 4 is a standard pass; 5 is a strong pass. Kramizo's practice questions are tagged with difficulty 1-3 mapping roughly to the lower, middle, and top grade boundaries you'll encounter in the real exam.