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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 148 · 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.True or false: “seeds and soil” is a running cost. (a) True (b) False
  2. 2.🔍 Which is the odd one out? (a) seeds and soil (b) lemons (c) tea leaves and milk (d) a cash box
  3. 3.Tara’s stall budget is ₹360. Pots cost ₹70, a banner cost ₹130 and seeds cost ₹80. How many rupees of the budget are left?
  4. 4.True or false: “a cash box” is a running cost. (a) False (b) True
  5. 5.Ananya’s stall budget is ₹970. A price board cost ₹300, lemons cost ₹200 and a banner cost ₹270. How many rupees of the budget are left?
  6. 6.True or false: “lemons” is a running cost. (a) False (b) True
  7. 7.Which of these is a running cost? (a) a folding table (b) a juicer (c) ice (d) a cash box
  8. 8.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  9. 9.True or false: “a cloth banner” is a running cost. (a) True (b) False
  10. 10.Rohan has a budget of ₹500. The stock costs ₹70 and the stall fee is ₹480. Is the budget enough? (a) Yes (b) No
  11. 11.📒 One-time cost or running cost: seeds and soil? (a) a one-time cost (b) a running cost
  12. 12.Aarav has a budget of ₹900. The stock costs ₹310 and the stall fee is ₹550. Is the budget enough? (a) No (b) Yes
  13. 13.True or false: “ice” is a one-time cost. (a) False (b) True
  14. 14.🔍 Which is the odd one out? (a) a price board (b) a folding table (c) paper cups (d) a cash box
  15. 15.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost
  16. 16.Riya has a budget of ₹900. The stock costs ₹130 and the stall fee is ₹760. Is the budget enough? (a) Yes (b) No
  17. 17.True or false: “paper cups” is a running cost. (a) False (b) True
  18. 18.Which of these is a running cost? (a) a folding table (b) a juicer (c) a price board (d) seeds and soil
  19. 19.True or false: “a price board” is a one-time cost. (a) True (b) False
  20. 20.Farhan plans to make 28 friendship bands. Each needs ₹6 of materials, and a banner costs ₹160 once. What total budget is needed (in ₹)?
  21. 21.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost
  22. 22.📒 One-time cost or running cost: paper cups? (a) a running cost (b) a one-time cost
  23. 23.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  24. 24.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  25. 25.True or false: “seeds and soil” is a one-time cost. (a) True (b) False
  26. 26.Dev has a budget of ₹300. The stock costs ₹50 and the stall fee is ₹230. Is the budget enough? (a) Yes (b) No
  27. 27.Tara’s stall budget is ₹480. Sugar cost ₹110, ribbon cost ₹70 and lemons cost ₹100. How many rupees of the budget are left?
  28. 28.Joseph has ₹140 to spend on packets of seeds. One packet of seeds costs ₹8. What is the greatest number of packets of seeds Joseph can buy?
  29. 29.Saanvi’s stall budget is ₹580. Napkins cost ₹260, card paper cost ₹90 and seeds cost ₹100. How many rupees of the budget are left?
  30. 30.🔍 Which is the odd one out? (a) lemons (b) a juicer (c) a folding table (d) a cloth banner
  31. 31.Dev has ₹500 to spend on rolls of ribbon. One roll of ribbon costs ₹20. What is the greatest number of rolls of ribbon Dev can buy?
  32. 32.📒 One-time cost or running cost: card paper? (a) a running cost (b) a one-time cost
  33. 33.Farhan has a budget of ₹800. The stock costs ₹150 and the stall fee is ₹600. Is the budget enough? (a) Yes (b) No
  34. 34.True or false: “a cooler box” is a running cost. (a) True (b) False
  35. 35.Aarav has ₹460 to spend on sheets of card paper. One sheet of card paper costs ₹4. What is the greatest number of sheets of card paper Aarav can buy?
  36. 36.Meera has ₹470 to spend on sheets of card paper. One sheet of card paper costs ₹4. What is the greatest number of sheets of card paper Meera can buy?
  37. 37.Meera plans to make 29 handmade cards. Each needs ₹3 of materials, and a banner costs ₹240 once. What total budget is needed (in ₹)?
  38. 38.Kabir’s stall budget is ₹710. A banner cost ₹300, a price board cost ₹60 and sugar cost ₹200. How many rupees of the budget are left?
  39. 39.Vihaan’s stall budget is ₹410. Pots cost ₹110, lemons cost ₹90 and a banner cost ₹180. How many rupees of the budget are left?
  40. 40.True or false: “a folding table” is a running cost. (a) True (b) False

Answer key

  1. True
  2. a cash box
  3. 80
  4. False
  5. 200
  6. True
  7. ice
  8. a one-time cost
  9. False
  10. No
  11. a running cost
  12. Yes
  13. False
  14. paper cups
  15. a one-time cost
  16. Yes
  17. True
  18. seeds and soil
  19. True
  20. 328
  21. a one-time cost
  22. a running cost
  23. a one-time cost
  24. a one-time cost
  25. False
  26. Yes
  27. 200
  28. 17
  29. 130
  30. lemons
  31. 25
  32. a running cost
  33. Yes
  34. False
  35. 115
  36. 117
  37. 327
  38. 150
  39. 30
  40. False

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