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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 18 · 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.Gurpreet has a budget of ₹500. The stock costs ₹90 and the stall fee is ₹450. Is the budget enough? (a) Yes (b) No
  2. 2.Which of these is a running cost? (a) a cloth banner (b) a cooler box (c) ice (d) a price board
  3. 3.Lakshmi plans to make 26 cupcakes. Each needs ₹3 of materials, and a banner costs ₹270 once. What total budget is needed (in ₹)?
  4. 4.Which of these is a one-time cost? (a) a price board (b) paper cups (c) lemons (d) sugar
  5. 5.Kabir’s stall budget is ₹920. Lemons cost ₹150, a banner cost ₹200 and pots cost ₹300. How many rupees of the budget are left?
  6. 6.Ananya’s stall budget is ₹200. Card paper cost ₹50, seeds cost ₹70 and sugar cost ₹70. How many rupees of the budget are left?
  7. 7.🔍 Which is the odd one out? (a) a cash box (b) a cloth banner (c) a folding table (d) card paper
  8. 8.📒 One-time cost or running cost: lemons? (a) a running cost (b) a one-time cost
  9. 9.Vihaan has a budget of ₹700. The stock costs ₹310 and the stall fee is ₹430. Is the budget enough? (a) No (b) Yes
  10. 10.Gurpreet has ₹390 to spend on rolls of ribbon. One roll of ribbon costs ₹15. What is the greatest number of rolls of ribbon Gurpreet can buy?
  11. 11.📒 One-time cost or running cost: a cooler box? (a) a one-time cost (b) a running cost
  12. 12.📒 One-time cost or running cost: card paper? (a) a running cost (b) a one-time cost
  13. 13.True or false: “seeds and soil” is a one-time cost. (a) True (b) False
  14. 14.📒 One-time cost or running cost: a price board? (a) a one-time cost (b) a running cost
  15. 15.Which of these is a running cost? (a) a cash box (b) sugar (c) a price board (d) a juicer
  16. 16.Rohan has a budget of ₹300. The stock costs ₹60 and the stall fee is ₹260. Is the budget enough? (a) Yes (b) No
  17. 17.True or false: “lemons” is a one-time cost. (a) False (b) True
  18. 18.True or false: “paper cups” is a running cost. (a) False (b) True
  19. 19.Dev has a budget of ₹700. The stock costs ₹290 and the stall fee is ₹400. Is the budget enough? (a) No (b) Yes
  20. 20.🔍 Which is the odd one out? (a) card paper (b) paper cups (c) a cloth banner (d) ice
  21. 21.Zoya’s stall budget is ₹740. Sugar cost ₹300, paper cups cost ₹30 and pots cost ₹290. How many rupees of the budget are left?
  22. 22.Which of these is a one-time cost? (a) a cooler box (b) lemons (c) tea leaves and milk (d) seeds and soil
  23. 23.🔍 Which is the odd one out? (a) a juicer (b) a price board (c) tea leaves and milk (d) a cloth banner
  24. 24.🔍 Which is the odd one out? (a) a cooler box (b) a folding table (c) sugar (d) a cloth banner
  25. 25.Zoya has a budget of ₹400. The stock costs ₹170 and the stall fee is ₹250. Is the budget enough? (a) No (b) Yes
  26. 26.True or false: “sugar” is a one-time cost. (a) True (b) False
  27. 27.📒 One-time cost or running cost: seeds and soil? (a) a one-time cost (b) a running cost
  28. 28.🔍 Which is the odd one out? (a) sugar (b) paper cups (c) a juicer (d) seeds and soil
  29. 29.Tara has ₹360 to spend on lemons. One lemon costs ₹15. What is the greatest number of lemons Tara can buy?
  30. 30.🔍 Which is the odd one out? (a) a price board (b) seeds and soil (c) tea leaves and milk (d) ice
  31. 31.🔍 Which is the odd one out? (a) tea leaves and milk (b) lemons (c) a cash box (d) seeds and soil
  32. 32.Which of these is a running cost? (a) a folding table (b) a cloth banner (c) lemons (d) a price board
  33. 33.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
  34. 34.Which of these is a running cost? (a) tea leaves and milk (b) a cooler box (c) a juicer (d) a cash box
  35. 35.Kabir has ₹350 to spend on lemons. One lemon costs ₹12. What is the greatest number of lemons Kabir can buy?
  36. 36.Vihaan has a budget of ₹900. The stock costs ₹430 and the stall fee is ₹470. Is the budget enough? (a) Yes (b) No
  37. 37.Which of these is a one-time cost? (a) a cloth banner (b) seeds and soil (c) paper cups (d) sugar
  38. 38.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
  39. 39.Gurpreet’s stall budget is ₹840. Sugar cost ₹300, a price board cost ₹220 and paper cups cost ₹30. How many rupees of the budget are left?
  40. 40.🔍 Which is the odd one out? (a) a folding table (b) seeds and soil (c) a price board (d) a juicer

Answer key

  1. No
  2. ice
  3. 348
  4. a price board
  5. 270
  6. 10
  7. card paper
  8. a running cost
  9. No
  10. 26
  11. a one-time cost
  12. a running cost
  13. False
  14. a one-time cost
  15. sugar
  16. No
  17. False
  18. True
  19. Yes
  20. a cloth banner
  21. 120
  22. a cooler box
  23. tea leaves and milk
  24. sugar
  25. No
  26. False
  27. a running cost
  28. a juicer
  29. 24
  30. a price board
  31. a cash box
  32. lemons
  33. a running cost
  34. tea leaves and milk
  35. 29
  36. Yes
  37. a cloth banner
  38. a one-time cost
  39. 290
  40. seeds and soil

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