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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 131 · 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.🔍 Which is the odd one out? (a) paper cups (b) ice (c) a cash box (d) tea leaves and milk
  2. 2.Which of these is a one-time cost? (a) tea leaves and milk (b) lemons (c) a juicer (d) card paper
  3. 3.Arjun’s stall budget is ₹970. Sugar cost ₹290, a price board cost ₹110 and paper cups cost ₹270. How many rupees of the budget are left?
  4. 4.Which of these is a one-time cost? (a) a cooler box (b) sugar (c) card paper (d) lemons
  5. 5.Which of these is a running cost? (a) seeds and soil (b) a cloth banner (c) a cooler box (d) a cash box
  6. 6.🔍 Which is the odd one out? (a) a juicer (b) sugar (c) card paper (d) seeds and soil
  7. 7.Which of these is a running cost? (a) a cooler box (b) a price board (c) a juicer (d) tea leaves and milk
  8. 8.Which of these is a running cost? (a) a juicer (b) ice (c) a price board (d) a cash box
  9. 9.📒 One-time cost or running cost: lemons? (a) a running cost (b) a one-time cost
  10. 10.True or false: “a price board” is a running cost. (a) False (b) True
  11. 11.Kavya has a budget of ₹900. The stock costs ₹160 and the stall fee is ₹740. Is the budget enough? (a) No (b) Yes
  12. 12.🔍 Which is the odd one out? (a) paper cups (b) sugar (c) a folding table (d) lemons
  13. 13.Saanvi’s stall budget is ₹340. Paper cups cost ₹70, lemons cost ₹20 and ribbon cost ₹100. How many rupees of the budget are left?
  14. 14.🔍 Which is the odd one out? (a) a cloth banner (b) a juicer (c) a cooler box (d) sugar
  15. 15.Tara’s stall budget is ₹620. A price board cost ₹230, a banner cost ₹50 and paper cups cost ₹240. How many rupees of the budget are left?
  16. 16.Ishaan has ₹240 to spend on rolls of ribbon. One roll of ribbon costs ₹15. What is the greatest number of rolls of ribbon Ishaan can buy?
  17. 17.🔍 Which is the odd one out? (a) a cooler box (b) a folding table (c) a juicer (d) ice
  18. 18.Farhan has a budget of ₹700. The stock costs ₹340 and the stall fee is ₹410. Is the budget enough? (a) No (b) Yes
  19. 19.🔍 Which is the odd one out? (a) a juicer (b) paper cups (c) a price board (d) a folding table
  20. 20.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost
  21. 21.🔍 Which is the odd one out? (a) lemons (b) a cooler box (c) a juicer (d) a cash box
  22. 22.Kavya has a budget of ₹600. The stock costs ₹70 and the stall fee is ₹490. Is the budget enough? (a) Yes (b) No
  23. 23.Which of these is a running cost? (a) paper cups (b) a cloth banner (c) a juicer (d) a cooler box
  24. 24.True or false: “a juicer” is a running cost. (a) False (b) True
  25. 25.Which of these is a one-time cost? (a) card paper (b) ice (c) seeds and soil (d) a price board
  26. 26.Kavya’s stall budget is ₹710. Napkins cost ₹130, paper cups cost ₹120 and a banner cost ₹170. How many rupees of the budget are left?
  27. 27.📒 One-time cost or running cost: card paper? (a) a running cost (b) a one-time cost
  28. 28.True or false: “paper cups” is a running cost. (a) True (b) False
  29. 29.Zoya’s stall budget is ₹510. Sugar cost ₹20, paper cups cost ₹80 and pots cost ₹290. How many rupees of the budget are left?
  30. 30.📒 One-time cost or running cost: seeds and soil? (a) a running cost (b) a one-time cost
  31. 31.Gurpreet has ₹230 to spend on packs of cups. One pack of cups costs ₹6. What is the greatest number of packs of cups Gurpreet can buy?
  32. 32.Which of these is a one-time cost? (a) ice (b) a cloth banner (c) paper cups (d) lemons
  33. 33.True or false: “a cloth banner” is a one-time cost. (a) False (b) True
  34. 34.Saanvi’s stall budget is ₹500. Napkins cost ₹120, lemons cost ₹270 and card paper cost ₹100. How many rupees of the budget are left?
  35. 35.Riya has a budget of ₹800. The stock costs ₹100 and the stall fee is ₹650. Is the budget enough? (a) No (b) Yes
  36. 36.Which of these is a one-time cost? (a) card paper (b) a folding table (c) paper cups (d) ice
  37. 37.Ishaan has a budget of ₹600. The stock costs ₹290 and the stall fee is ₹320. Is the budget enough? (a) Yes (b) No
  38. 38.True or false: “ice” is a running cost. (a) False (b) True
  39. 39.True or false: “a cloth banner” is a running cost. (a) False (b) True
  40. 40.Aarav plans to make 23 jute bags. Each needs ₹7 of materials, and a banner costs ₹110 once. What total budget is needed (in ₹)?

Answer key

  1. a cash box
  2. a juicer
  3. 300
  4. a cooler box
  5. seeds and soil
  6. a juicer
  7. tea leaves and milk
  8. ice
  9. a running cost
  10. False
  11. Yes
  12. a folding table
  13. 150
  14. sugar
  15. 100
  16. 16
  17. ice
  18. No
  19. paper cups
  20. a one-time cost
  21. lemons
  22. Yes
  23. paper cups
  24. False
  25. a price board
  26. 290
  27. a running cost
  28. True
  29. 120
  30. a running cost
  31. 38
  32. a cloth banner
  33. True
  34. 10
  35. Yes
  36. a folding table
  37. No
  38. True
  39. False
  40. 271

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