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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 193 · 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.Meera has a budget of ₹900. The stock costs ₹200 and the stall fee is ₹720. Is the budget enough? (a) No (b) Yes
  2. 2.Nisha has ₹410 to spend on lemons. One lemon costs ₹20. What is the greatest number of lemons Nisha can buy?
  3. 3.Kavya has a budget of ₹600. The stock costs ₹260 and the stall fee is ₹310. Is the budget enough? (a) Yes (b) No
  4. 4.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  5. 5.Diya has ₹210 to spend on sheets of card paper. One sheet of card paper costs ₹10. What is the greatest number of sheets of card paper Diya can buy?
  6. 6.Which of these is a one-time cost? (a) paper cups (b) tea leaves and milk (c) card paper (d) a cloth banner
  7. 7.Which of these is a one-time cost? (a) seeds and soil (b) ice (c) card paper (d) a juicer
  8. 8.Which of these is a one-time cost? (a) paper cups (b) lemons (c) ice (d) a folding table
  9. 9.📒 One-time cost or running cost: ice? (a) a running cost (b) a one-time cost
  10. 10.🔍 Which is the odd one out? (a) a juicer (b) sugar (c) ice (d) tea leaves and milk
  11. 11.Diya has a budget of ₹400. The stock costs ₹130 and the stall fee is ₹310. Is the budget enough? (a) Yes (b) No
  12. 12.Which of these is a running cost? (a) a cash box (b) sugar (c) a juicer (d) a cloth banner
  13. 13.True or false: “a folding table” is a running cost. (a) True (b) False
  14. 14.Rohan’s stall budget is ₹790. Napkins cost ₹70, card paper cost ₹180 and a banner cost ₹250. How many rupees of the budget are left?
  15. 15.🔍 Which is the odd one out? (a) a folding table (b) a cloth banner (c) a price board (d) seeds and soil
  16. 16.Which of these is a one-time cost? (a) seeds and soil (b) lemons (c) a price board (d) card paper
  17. 17.🔍 Which is the odd one out? (a) a juicer (b) lemons (c) a cooler box (d) a cloth banner
  18. 18.Joseph plans to make 29 cups of lemonade. Each needs ₹9 of materials, and a banner costs ₹220 once. What total budget is needed (in ₹)?
  19. 19.🔍 Which is the odd one out? (a) card paper (b) sugar (c) tea leaves and milk (d) a cash box
  20. 20.Riya has ₹320 to spend on packets of seeds. One packet of seeds costs ₹20. What is the greatest number of packets of seeds Riya can buy?
  21. 21.Diya plans to make 39 painted pebbles. Each needs ₹5 of materials, and a banner costs ₹60 once. What total budget is needed (in ₹)?
  22. 22.🔍 Which is the odd one out? (a) card paper (b) paper cups (c) lemons (d) a cooler box
  23. 23.True or false: “a cooler box” is a one-time cost. (a) False (b) True
  24. 24.Rohan has ₹500 to spend on packs of cups. One pack of cups costs ₹5. What is the greatest number of packs of cups Rohan can buy?
  25. 25.True or false: “a price board” is a one-time cost. (a) True (b) False
  26. 26.Ananya’s stall budget is ₹790. Lemons cost ₹30, a price board cost ₹200 and a banner cost ₹280. How many rupees of the budget are left?
  27. 27.Which of these is a running cost? (a) a cloth banner (b) paper cups (c) a cooler box (d) a cash box
  28. 28.Joseph has a budget of ₹300. The stock costs ₹110 and the stall fee is ₹190. Is the budget enough? (a) No (b) Yes
  29. 29.📒 One-time cost or running cost: paper cups? (a) a running cost (b) a one-time cost
  30. 30.True or false: “ice” is a one-time cost. (a) True (b) False
  31. 31.📒 One-time cost or running cost: seeds and soil? (a) a running cost (b) a one-time cost
  32. 32.Meera has a budget of ₹300. The stock costs ₹140 and the stall fee is ₹120. Is the budget enough? (a) No (b) Yes
  33. 33.🔍 Which is the odd one out? (a) a folding table (b) sugar (c) a cloth banner (d) a price board
  34. 34.📒 One-time cost or running cost: card paper? (a) a one-time cost (b) a running cost
  35. 35.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
  36. 36.Vihaan’s stall budget is ₹860. Pots cost ₹230, a banner cost ₹270 and a price board cost ₹270. How many rupees of the budget are left?
  37. 37.Kabir has a budget of ₹800. The stock costs ₹170 and the stall fee is ₹670. Is the budget enough? (a) No (b) Yes
  38. 38.Which of these is a one-time cost? (a) paper cups (b) sugar (c) tea leaves and milk (d) a cash box
  39. 39.True or false: “lemons” is a running cost. (a) False (b) True
  40. 40.True or false: “sugar” is a one-time cost. (a) True (b) False

Answer key

  1. No
  2. 20
  3. Yes
  4. a one-time cost
  5. 21
  6. a cloth banner
  7. a juicer
  8. a folding table
  9. a running cost
  10. a juicer
  11. No
  12. sugar
  13. False
  14. 290
  15. seeds and soil
  16. a price board
  17. lemons
  18. 481
  19. a cash box
  20. 16
  21. 255
  22. a cooler box
  23. True
  24. 100
  25. True
  26. 280
  27. paper cups
  28. Yes
  29. a running cost
  30. False
  31. a running cost
  32. Yes
  33. sugar
  34. a running cost
  35. a one-time cost
  36. 90
  37. No
  38. a cash box
  39. True
  40. False

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