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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 209 · 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.🔍 Which is the odd one out? (a) a folding table (b) paper cups (c) ice (d) seeds and soil
  2. 2.Which of these is a one-time cost? (a) sugar (b) ice (c) card paper (d) a folding table
  3. 3.True or false: “tea leaves and milk” is a one-time cost. (a) True (b) False
  4. 4.🔍 Which is the odd one out? (a) seeds and soil (b) a cash box (c) a folding table (d) a price board
  5. 5.Tara has a budget of ₹900. The stock costs ₹70 and the stall fee is ₹840. Is the budget enough? (a) No (b) Yes
  6. 6.True or false: “tea leaves and milk” is a running cost. (a) True (b) False
  7. 7.Which of these is a running cost? (a) a cooler box (b) a juicer (c) lemons (d) a cloth banner
  8. 8.Kabir’s stall budget is ₹650. Seeds cost ₹120, paper cups cost ₹20 and a price board cost ₹270. How many rupees of the budget are left?
  9. 9.🔍 Which is the odd one out? (a) paper cups (b) lemons (c) sugar (d) a cooler box
  10. 10.Vihaan’s stall budget is ₹480. Paper cups cost ₹170, pots cost ₹220 and napkins cost ₹50. How many rupees of the budget are left?
  11. 11.Lakshmi has ₹140 to spend on lemons. One lemon costs ₹8. What is the greatest number of lemons Lakshmi can buy?
  12. 12.Dev has ₹130 to spend on packets of seeds. One packet of seeds costs ₹5. What is the greatest number of packets of seeds Dev can buy?
  13. 13.Zoya has a budget of ₹300. The stock costs ₹100 and the stall fee is ₹220. Is the budget enough? (a) No (b) Yes
  14. 14.Rohan has a budget of ₹300. The stock costs ₹130 and the stall fee is ₹220. Is the budget enough? (a) No (b) Yes
  15. 15.Ishaan has ₹500 to spend on lemons. One lemon costs ₹5. What is the greatest number of lemons Ishaan can buy?
  16. 16.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
  17. 17.Farhan has ₹410 to spend on packets of seeds. One packet of seeds costs ₹8. What is the greatest number of packets of seeds Farhan can buy?
  18. 18.Saanvi has a budget of ₹600. The stock costs ₹230 and the stall fee is ₹410. Is the budget enough? (a) Yes (b) No
  19. 19.🔍 Which is the odd one out? (a) a cooler box (b) a price board (c) a juicer (d) paper cups
  20. 20.📒 One-time cost or running cost: a price board? (a) a one-time cost (b) a running cost
  21. 21.True or false: “card paper” is a one-time cost. (a) True (b) False
  22. 22.🔍 Which is the odd one out? (a) a price board (b) a cash box (c) a folding table (d) lemons
  23. 23.Riya has ₹210 to spend on lemons. One lemon costs ₹12. What is the greatest number of lemons Riya can buy?
  24. 24.Zoya has ₹480 to spend on packets of seeds. One packet of seeds costs ₹4. What is the greatest number of packets of seeds Zoya can buy?
  25. 25.📒 One-time cost or running cost: a cloth banner? (a) a one-time cost (b) a running cost
  26. 26.True or false: “seeds and soil” is a one-time cost. (a) False (b) True
  27. 27.Which of these is a running cost? (a) a price board (b) a cooler box (c) card paper (d) a cash box
  28. 28.Which of these is a one-time cost? (a) seeds and soil (b) a cloth banner (c) paper cups (d) ice
  29. 29.Meera’s stall budget is ₹590. Pots cost ₹120, sugar cost ₹210 and card paper cost ₹90. How many rupees of the budget are left?
  30. 30.📒 One-time cost or running cost: sugar? (a) a one-time cost (b) a running cost
  31. 31.Joseph has ₹180 to spend on packs of cups. One pack of cups costs ₹6. What is the greatest number of packs of cups Joseph can buy?
  32. 32.Lakshmi has a budget of ₹300. The stock costs ₹50 and the stall fee is ₹260. Is the budget enough? (a) No (b) Yes
  33. 33.True or false: “a cash box” is a running cost. (a) False (b) True
  34. 34.Joseph has ₹90 to spend on lemons. One lemon costs ₹8. What is the greatest number of lemons Joseph can buy?
  35. 35.Riya has a budget of ₹500. The stock costs ₹130 and the stall fee is ₹370. Is the budget enough? (a) No (b) Yes
  36. 36.📒 One-time cost or running cost: lemons? (a) a one-time cost (b) a running cost
  37. 37.🔍 Which is the odd one out? (a) card paper (b) a juicer (c) paper cups (d) tea leaves and milk
  38. 38.📒 One-time cost or running cost: paper cups? (a) a running cost (b) a one-time cost
  39. 39.Arjun’s stall budget is ₹610. Lemons cost ₹220, ribbon cost ₹240 and napkins cost ₹90. How many rupees of the budget are left?
  40. 40.True or false: “paper cups” is a one-time cost. (a) False (b) True

Answer key

  1. a folding table
  2. a folding table
  3. False
  4. seeds and soil
  5. No
  6. True
  7. lemons
  8. 240
  9. a cooler box
  10. 40
  11. 17
  12. 26
  13. No
  14. No
  15. 100
  16. a running cost
  17. 51
  18. No
  19. paper cups
  20. a one-time cost
  21. False
  22. lemons
  23. 17
  24. 120
  25. a one-time cost
  26. False
  27. card paper
  28. a cloth banner
  29. 170
  30. a running cost
  31. 30
  32. No
  33. False
  34. 11
  35. Yes
  36. a running cost
  37. a juicer
  38. a running cost
  39. 60
  40. False

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