Business Studies Multiple Choice Question – 16 June 2019

The home of multiple choice questions for all your KS3, KS4 and KS5 Business Studies, Economics and Accounting requirements.

Alexis an enthusiastic games player. He decided to set up his own business operating daily gaming competitions in Staffordshire He called the business Chase Games. The business is very busy during the summer. The price of a games competition is £500 per day and this includes the use of games equipment, lessons and good & refreshments. Alex hires the equipment from a local shop.

What are the three numbers required to complete the following financial forecast?

Select ONE answer:

  1. 13, 7, 22
  2. 14, 6, 20
  3. 11, 4, 13
  4. 13, 4, 11

 

Show the workings to arrive at your answer, and explain and justify your reasons:

……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

This multiple choice question is suitable for Business Studies KS4 & KS3 classes

The answer is 2

Jan: £14k = 28 * £599
Feb: £6k = £1k + £2k + £1k + £2k
Mar: 20 = £10k / £500

 

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