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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 176 · 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.Arjun has a budget of ₹900. The stock costs ₹110 and the stall fee is ₹810. Is the budget enough? (a) No (b) Yes
  2. 2.Which of these is a running cost? (a) a cooler box (b) a folding table (c) card paper (d) a cloth banner
  3. 3.🔍 Which is the odd one out? (a) a juicer (b) card paper (c) a cloth banner (d) a folding table
  4. 4.True or false: “sugar” is a running cost. (a) False (b) True
  5. 5.Arjun has a budget of ₹700. The stock costs ₹110 and the stall fee is ₹580. Is the budget enough? (a) No (b) Yes
  6. 6.📒 One-time cost or running cost: a cash box? (a) a one-time cost (b) a running cost
  7. 7.🔍 Which is the odd one out? (a) a cash box (b) a cloth banner (c) a cooler box (d) ice
  8. 8.📒 One-time cost or running cost: paper cups? (a) a one-time cost (b) a running cost
  9. 9.🔍 Which is the odd one out? (a) a cooler box (b) a folding table (c) paper cups (d) a cash box
  10. 10.🔍 Which is the odd one out? (a) lemons (b) a price board (c) a juicer (d) a cooler box
  11. 11.Which of these is a one-time cost? (a) lemons (b) paper cups (c) a juicer (d) ice
  12. 12.Which of these is a one-time cost? (a) lemons (b) tea leaves and milk (c) sugar (d) a folding table
  13. 13.Which of these is a running cost? (a) a cash box (b) a price board (c) ice (d) a folding table
  14. 14.True or false: “a cloth banner” is a running cost. (a) False (b) True
  15. 15.True or false: “lemons” is a one-time cost. (a) False (b) True
  16. 16.True or false: “sugar” is a one-time cost. (a) True (b) False
  17. 17.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  18. 18.True or false: “a folding table” is a running cost. (a) True (b) False
  19. 19.Riya plans to make 15 painted pebbles. Each needs ₹10 of materials, and a banner costs ₹100 once. What total budget is needed (in ₹)?
  20. 20.Which of these is a one-time cost? (a) card paper (b) ice (c) paper cups (d) a cooler box
  21. 21.🔍 Which is the odd one out? (a) tea leaves and milk (b) a folding table (c) card paper (d) seeds and soil
  22. 22.🔍 Which is the odd one out? (a) a cash box (b) a cooler box (c) seeds and soil (d) a folding table
  23. 23.Gurpreet has a budget of ₹400. The stock costs ₹90 and the stall fee is ₹260. Is the budget enough? (a) Yes (b) No
  24. 24.Arjun’s stall budget is ₹440. Sugar cost ₹290, a price board cost ₹110 and paper cups cost ₹30. How many rupees of the budget are left?
  25. 25.Arjun’s stall budget is ₹690. Ribbon cost ₹210, seeds cost ₹120 and sugar cost ₹130. How many rupees of the budget are left?
  26. 26.True or false: “card paper” is a running cost. (a) True (b) False
  27. 27.True or false: “a cooler box” is a one-time cost. (a) False (b) True
  28. 28.Which of these is a running cost? (a) a cloth banner (b) paper cups (c) a folding table (d) a cooler box
  29. 29.Kabir has ₹280 to spend on packets of seeds. One packet of seeds costs ₹15. What is the greatest number of packets of seeds Kabir can buy?
  30. 30.🔍 Which is the odd one out? (a) a cooler box (b) paper cups (c) lemons (d) tea leaves and milk
  31. 31.Which of these is a one-time cost? (a) paper cups (b) card paper (c) seeds and soil (d) a cash box
  32. 32.Meera has a budget of ₹800. The stock costs ₹310 and the stall fee is ₹520. Is the budget enough? (a) Yes (b) No
  33. 33.Nisha has a budget of ₹900. The stock costs ₹210 and the stall fee is ₹690. Is the budget enough? (a) No (b) Yes
  34. 34.🔍 Which is the odd one out? (a) seeds and soil (b) ice (c) a juicer (d) card paper
  35. 35.True or false: “tea leaves and milk” is a one-time cost. (a) False (b) True
  36. 36.Zoya’s stall budget is ₹750. Sugar cost ₹110, seeds cost ₹250 and card paper cost ₹280. How many rupees of the budget are left?
  37. 37.Tara plans to make 33 cupcakes. Each needs ₹9 of materials, and a banner costs ₹200 once. What total budget is needed (in ₹)?
  38. 38.Zoya has a budget of ₹600. The stock costs ₹60 and the stall fee is ₹490. Is the budget enough? (a) No (b) Yes
  39. 39.Gurpreet plans to make 12 bags of popcorn. Each needs ₹5 of materials, and a banner costs ₹150 once. What total budget is needed (in ₹)?
  40. 40.True or false: “seeds and soil” is a one-time cost. (a) True (b) False

Answer key

  1. No
  2. card paper
  3. card paper
  4. True
  5. Yes
  6. a one-time cost
  7. ice
  8. a running cost
  9. paper cups
  10. lemons
  11. a juicer
  12. a folding table
  13. ice
  14. False
  15. False
  16. False
  17. a one-time cost
  18. False
  19. 250
  20. a cooler box
  21. a folding table
  22. seeds and soil
  23. Yes
  24. 10
  25. 230
  26. True
  27. True
  28. paper cups
  29. 18
  30. a cooler box
  31. a cash box
  32. No
  33. Yes
  34. a juicer
  35. False
  36. 110
  37. 497
  38. Yes
  39. 210
  40. False

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