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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 12 · 40 questions
TalentJR

Business tip (Plan before you spend): One-time cost: bought once and used many times. Running cost: bought again for every batch. Money left = budget − all the costs. Total budget needed = materials for every item + one-time costs. Greatest number you can buy = money ÷ price of one, rounded down to a whole number.

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  1. 1.Aarav has a budget of ₹500. The stock costs ₹200 and the stall fee is ₹350. Is the budget enough? (a) No (b) Yes
  2. 2.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  3. 3.Joseph has ₹440 to spend on packets of seeds. One packet of seeds costs ₹10. What is the greatest number of packets of seeds Joseph can buy?
  4. 4.📒 One-time cost or running cost: card paper? (a) a running cost (b) a one-time cost
  5. 5.True or false: “a cloth banner” is a one-time cost. (a) False (b) True
  6. 6.🔍 Which is the odd one out? (a) sugar (b) seeds and soil (c) paper cups (d) a cash box
  7. 7.True or false: “a price board” is a running cost. (a) True (b) False
  8. 8.Ishaan’s stall budget is ₹490. Seeds cost ₹30, pots cost ₹150 and card paper cost ₹160. How many rupees of the budget are left?
  9. 9.Ishaan’s stall budget is ₹330. A price board cost ₹220, lemons cost ₹20 and paper cups cost ₹50. How many rupees of the budget are left?
  10. 10.🔍 Which is the odd one out? (a) a cash box (b) a folding table (c) a juicer (d) card paper
  11. 11.🔍 Which is the odd one out? (a) lemons (b) tea leaves and milk (c) seeds and soil (d) a price board
  12. 12.Which of these is a one-time cost? (a) a folding table (b) lemons (c) paper cups (d) sugar
  13. 13.Which of these is a one-time cost? (a) sugar (b) card paper (c) paper cups (d) a cooler box
  14. 14.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  15. 15.True or false: “a juicer” is a running cost. (a) False (b) True
  16. 16.Nisha plans to make 15 bags of popcorn. Each needs ₹9 of materials, and a banner costs ₹50 once. What total budget is needed (in ₹)?
  17. 17.Which of these is a running cost? (a) a cloth banner (b) a juicer (c) seeds and soil (d) a price board
  18. 18.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost
  19. 19.Joseph plans to make 15 paper bookmarks. Each needs ₹3 of materials, and a banner costs ₹260 once. What total budget is needed (in ₹)?
  20. 20.True or false: “a cash box” is a one-time cost. (a) False (b) True
  21. 21.Tara has ₹210 to spend on lemons. One lemon costs ₹12. What is the greatest number of lemons Tara can buy?
  22. 22.Diya has ₹200 to spend on packets of seeds. One packet of seeds costs ₹15. What is the greatest number of packets of seeds Diya can buy?
  23. 23.True or false: “ice” is a running cost. (a) False (b) True
  24. 24.🔍 Which is the odd one out? (a) lemons (b) a cash box (c) a cloth banner (d) a folding table
  25. 25.📒 One-time cost or running cost: ice? (a) a one-time cost (b) a running cost
  26. 26.Arjun has a budget of ₹300. The stock costs ₹90 and the stall fee is ₹160. Is the budget enough? (a) Yes (b) No
  27. 27.True or false: “card paper” is a running cost. (a) True (b) False
  28. 28.True or false: “a cloth banner” is a running cost. (a) True (b) False
  29. 29.True or false: “a price board” is a one-time cost. (a) True (b) False
  30. 30.Which of these is a running cost? (a) a cash box (b) a price board (c) tea leaves and milk (d) a folding table
  31. 31.True or false: “tea leaves and milk” is a one-time cost. (a) False (b) True
  32. 32.Arjun has ₹60 to spend on packets of seeds. One packet of seeds costs ₹4. What is the greatest number of packets of seeds Arjun can buy?
  33. 33.Ananya’s stall budget is ₹760. Lemons cost ₹260, sugar cost ₹50 and seeds cost ₹180. How many rupees of the budget are left?
  34. 34.🔍 Which is the odd one out? (a) a cooler box (b) a folding table (c) a juicer (d) seeds and soil
  35. 35.🔍 Which is the odd one out? (a) a cash box (b) a price board (c) a juicer (d) tea leaves and milk
  36. 36.Which of these is a one-time cost? (a) lemons (b) ice (c) a cash box (d) card paper
  37. 37.Dev has ₹230 to spend on sheets of card paper. One sheet of card paper costs ₹12. What is the greatest number of sheets of card paper Dev can buy?
  38. 38.📒 One-time cost or running cost: sugar? (a) a running cost (b) a one-time cost
  39. 39.Aarav has a budget of ₹500. The stock costs ₹70 and the stall fee is ₹440. Is the budget enough? (a) No (b) Yes
  40. 40.Vihaan has a budget of ₹400. The stock costs ₹200 and the stall fee is ₹150. Is the budget enough? (a) Yes (b) No

Answer key

  1. No
  2. a one-time cost
  3. 44
  4. a running cost
  5. True
  6. a cash box
  7. False
  8. 150
  9. 40
  10. card paper
  11. a price board
  12. a folding table
  13. a cooler box
  14. a one-time cost
  15. False
  16. 185
  17. seeds and soil
  18. a one-time cost
  19. 305
  20. True
  21. 17
  22. 13
  23. True
  24. lemons
  25. a running cost
  26. Yes
  27. True
  28. False
  29. True
  30. tea leaves and milk
  31. False
  32. 15
  33. 270
  34. seeds and soil
  35. tea leaves and milk
  36. a cash box
  37. 19
  38. a running cost
  39. No
  40. Yes

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