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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 195 · 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: “ice” is a running cost. (a) False (b) True
  2. 2.Joseph has ₹260 to spend on rolls of ribbon. One roll of ribbon costs ₹20. What is the greatest number of rolls of ribbon Joseph can buy?
  3. 3.Rohan has a budget of ₹900. The stock costs ₹390 and the stall fee is ₹490. Is the budget enough? (a) No (b) Yes
  4. 4.Which of these is a running cost? (a) a price board (b) a cloth banner (c) card paper (d) a cooler box
  5. 5.🔍 Which is the odd one out? (a) a cooler box (b) a cash box (c) a juicer (d) ice
  6. 6.True or false: “a folding table” is a running cost. (a) False (b) True
  7. 7.Meera’s stall budget is ₹500. Lemons cost ₹40, a price board cost ₹20 and napkins cost ₹180. How many rupees of the budget are left?
  8. 8.📒 One-time cost or running cost: a cooler box? (a) a one-time cost (b) a running cost
  9. 9.Saanvi’s stall budget is ₹580. Ribbon cost ₹140, pots cost ₹200 and paper cups cost ₹210. How many rupees of the budget are left?
  10. 10.🔍 Which is the odd one out? (a) paper cups (b) lemons (c) seeds and soil (d) a folding table
  11. 11.Which of these is a one-time cost? (a) tea leaves and milk (b) a cloth banner (c) seeds and soil (d) paper cups
  12. 12.True or false: “a cash box” is a one-time cost. (a) False (b) True
  13. 13.Saanvi has ₹410 to spend on lemons. One lemon costs ₹15. What is the greatest number of lemons Saanvi can buy?
  14. 14.📒 One-time cost or running cost: lemons? (a) a running cost (b) a one-time cost
  15. 15.Which of these is a one-time cost? (a) lemons (b) ice (c) a price board (d) sugar
  16. 16.Arjun has a budget of ₹900. The stock costs ₹160 and the stall fee is ₹710. Is the budget enough? (a) No (b) Yes
  17. 17.Gurpreet’s stall budget is ₹730. Napkins cost ₹230, sugar cost ₹300 and lemons cost ₹50. How many rupees of the budget are left?
  18. 18.True or false: “a juicer” is a running cost. (a) False (b) True
  19. 19.True or false: “lemons” is a running cost. (a) False (b) True
  20. 20.🔍 Which is the odd one out? (a) lemons (b) seeds and soil (c) a juicer (d) paper cups
  21. 21.Which of these is a running cost? (a) ice (b) a cooler box (c) a cloth banner (d) a folding table
  22. 22.Zoya’s stall budget is ₹360. Pots cost ₹260, napkins cost ₹40 and paper cups cost ₹40. How many rupees of the budget are left?
  23. 23.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  24. 24.Farhan’s stall budget is ₹560. Pots cost ₹180, sugar cost ₹240 and paper cups cost ₹110. How many rupees of the budget are left?
  25. 25.Which of these is a one-time cost? (a) seeds and soil (b) a juicer (c) ice (d) lemons
  26. 26.🔍 Which is the odd one out? (a) seeds and soil (b) a cooler box (c) ice (d) sugar
  27. 27.📒 One-time cost or running cost: sugar? (a) a running cost (b) a one-time cost
  28. 28.Kabir has a budget of ₹700. The stock costs ₹70 and the stall fee is ₹620. Is the budget enough? (a) No (b) Yes
  29. 29.📒 One-time cost or running cost: seeds and soil? (a) a one-time cost (b) a running cost
  30. 30.Lakshmi’s stall budget is ₹510. Napkins cost ₹70, pots cost ₹220 and a price board cost ₹30. How many rupees of the budget are left?
  31. 31.True or false: “seeds and soil” is a running cost. (a) False (b) True
  32. 32.📒 One-time cost or running cost: card paper? (a) a one-time cost (b) a running cost
  33. 33.True or false: “a cooler box” is a running cost. (a) False (b) True
  34. 34.True or false: “seeds and soil” is a one-time cost. (a) True (b) False
  35. 35.Nisha’s stall budget is ₹630. Sugar cost ₹300, ribbon cost ₹40 and card paper cost ₹170. How many rupees of the budget are left?
  36. 36.Diya’s stall budget is ₹290. A price board cost ₹30, sugar cost ₹130 and seeds cost ₹40. How many rupees of the budget are left?
  37. 37.Tara has a budget of ₹300. The stock costs ₹110 and the stall fee is ₹140. Is the budget enough? (a) No (b) Yes
  38. 38.Vihaan has a budget of ₹1000. The stock costs ₹70 and the stall fee is ₹920. Is the budget enough? (a) No (b) Yes
  39. 39.True or false: “paper cups” is a running cost. (a) True (b) False
  40. 40.Ishaan has ₹220 to spend on lemons. One lemon costs ₹4. What is the greatest number of lemons Ishaan can buy?

Answer key

  1. True
  2. 13
  3. Yes
  4. card paper
  5. ice
  6. False
  7. 260
  8. a one-time cost
  9. 30
  10. a folding table
  11. a cloth banner
  12. True
  13. 27
  14. a running cost
  15. a price board
  16. Yes
  17. 150
  18. False
  19. True
  20. a juicer
  21. ice
  22. 20
  23. a one-time cost
  24. 30
  25. a juicer
  26. a cooler box
  27. a running cost
  28. Yes
  29. a running cost
  30. 190
  31. True
  32. a running cost
  33. False
  34. False
  35. 120
  36. 90
  37. Yes
  38. Yes
  39. True
  40. 55

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