CBSE Class 11 Entrepreneurship Business Finance And Arithmetic Worksheet

Download printable Other Subjects Class 11 Worksheets in pdf format, CBSE Class 11 Entrepreneurship Business Finance And Arithmetic Worksheet has been prepared as per the latest syllabus and exam pattern issued by CBSE, NCERT and KVS. Also download free pdf Other Subjects Class 11 Assignments and practice them daily to get better marks in tests and exams for Grade 11. Free chapter wise worksheets with answers have been designed by Standard 11 teachers as per latest examination pattern

Entrepreneurship Business Finance And Arithmetic Class 11 Other Subjects Worksheet Pdf

Class 11 Other Subjects students should refer to the following printable worksheet in Pdf for Entrepreneurship Business Finance And Arithmetic in Grade 11. This test paper with questions and solutions for Standard 11 Other Subjects will be very useful for tests and exams and help you to score better marks

Class 11 Other Subjects Worksheet for Entrepreneurship Business Finance And Arithmetic

BUSINESS FINANCE AND ARITHMETIC


I Answer each of these questions in about fifteen words (1 Mark)

1 Define Cash Register.

2 “There are many sources of fund that brings in money into the business”. Identify the concept.

3 Define the term break- even.

4 “When you sell your product but the buyer does not pay your money immediately”. Identify the term,


II Answer each of these questions in about fifty words (2/3 Marks)

1 Mention the items of cash outflow of the business.

2 Differentiate between Fixed and Working capital .

3 Differentiate between cash flow statement and cash flow projection.

4 “Profit is not to be considered as inflow” .Comment.

5 Differentiate between Direct and Indirect tax.


III Answer each of these questions in about one hundred and fifty words (4 Marks)

1 From the following information prepare a cash register:

a) Ms. Keerti commenced business with ₹ 5,00,000
b) Bought furniture worth ₹2,00,000 and pad freight of ₹ 5,600
c) Sold to us by Mr. Martin for cash:

• 5 coloured TV @ ₹10,000 each
• 5 LED @₹18,000 each

d) Sold to M/s Nehal for cash : 2 Colour TV @₹20,000 each
e) Returned 1 LED TV to Mr. Martin as it was defective and received payment
f) Received commission of ₹ 3000
g) Paid 3 months rent ₹ 30,000
h) Paid salary to mohan ₹2000
i) Sold to Neerja for cash

• 3 colour TV for ₹20,000
• 3 LED of ₹18,000 each for ₹ 25,000

j) Paid electricity bill of ₹ 800
k) Depreciation charged on furniture @ 5% p.a
l) Paid income tax of ₹ 3000 and sales tax of ₹ 2000

2 Define Unit of Sale, Unit Cost and Unit Price with examples.

3 Akshata has started selling readymade curtains form her own house. She purchases 100 curtains from a wholesale dealer for ₹300 per curtain and selling for ₹400 per curtain .She spent ₹400 for advertisement (pamphlets and advertising poster). She could only sell 80 curtains. Form the given information, prepare an Income Statement and find the net profit before tax/income.

4 Describe the sources of Direct and Indirect Tax.


IV Answer each of these questions in about two hundred and fifty words: (6 Marks)

1 Define Startup cost and Mention the items of startup cost.
2 The following information relates to Ramu who is running a Panipuri centre “Dum Kim Panipuri” selling different flavors.
His Fixed cost is ₹ 10,000
Variable cost is ₹ 5 per unit
Sales price is ₹10 per unit

Find :
a) Minimum number of units that must be sold for the company to break-even
b) Show break-even in terms of rupees
c) Calculate BEP in units and in rupees if:

i. Fixed cost decreases by 10%
ii. Fixed cost increases by 10 %
iii. Variable cost increases 10%
iv. Selling cost increases by 10% and fixed cost increases by ₹2000


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