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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 242 · 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) sugar (b) a cooler box (c) seeds and soil (d) tea leaves and milk
  2. 2.Rohan’s stall budget is ₹350. Paper cups cost ₹20, lemons cost ₹50 and sugar cost ₹160. How many rupees of the budget are left?
  3. 3.Farhan has a budget of ₹600. The stock costs ₹50 and the stall fee is ₹590. Is the budget enough? (a) No (b) Yes
  4. 4.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  5. 5.Which of these is a one-time cost? (a) sugar (b) ice (c) lemons (d) a cash box
  6. 6.🔍 Which is the odd one out? (a) a juicer (b) paper cups (c) a price board (d) a cooler box
  7. 7.Nisha has a budget of ₹400. The stock costs ₹120 and the stall fee is ₹250. Is the budget enough? (a) Yes (b) No
  8. 8.📒 One-time cost or running cost: card paper? (a) a one-time cost (b) a running cost
  9. 9.Which of these is a running cost? (a) a cloth banner (b) a cash box (c) paper cups (d) a cooler box
  10. 10.📒 One-time cost or running cost: ice? (a) a one-time cost (b) a running cost
  11. 11.Ananya has a budget of ₹800. The stock costs ₹390 and the stall fee is ₹430. Is the budget enough? (a) No (b) Yes
  12. 12.🔍 Which is the odd one out? (a) a juicer (b) card paper (c) tea leaves and milk (d) paper cups
  13. 13.True or false: “tea leaves and milk” is a one-time cost. (a) True (b) False
  14. 14.Which of these is a running cost? (a) a price board (b) a juicer (c) card paper (d) a folding table
  15. 15.Diya has a budget of ₹500. The stock costs ₹70 and the stall fee is ₹390. Is the budget enough? (a) No (b) Yes
  16. 16.True or false: “a cloth banner” is a one-time cost. (a) True (b) False
  17. 17.🔍 Which is the odd one out? (a) a cloth banner (b) a folding table (c) a cooler box (d) sugar
  18. 18.Ananya has ₹260 to spend on packets of seeds. One packet of seeds costs ₹12. What is the greatest number of packets of seeds Ananya can buy?
  19. 19.True or false: “a juicer” is a one-time cost. (a) False (b) True
  20. 20.True or false: “a cash box” is a running cost. (a) False (b) True
  21. 21.True or false: “card paper” is a running cost. (a) True (b) False
  22. 22.🔍 Which is the odd one out? (a) ice (b) paper cups (c) seeds and soil (d) a cloth banner
  23. 23.Dev has ₹480 to spend on packets of seeds. One packet of seeds costs ₹5. What is the greatest number of packets of seeds Dev can buy?
  24. 24.🔍 Which is the odd one out? (a) seeds and soil (b) lemons (c) sugar (d) a cash box
  25. 25.Which of these is a one-time cost? (a) paper cups (b) tea leaves and milk (c) a juicer (d) card paper
  26. 26.True or false: “seeds and soil” is a one-time cost. (a) False (b) True
  27. 27.Which of these is a one-time cost? (a) paper cups (b) a price board (c) card paper (d) ice
  28. 28.Ishaan’s stall budget is ₹790. A price board cost ₹140, paper cups cost ₹280 and card paper cost ₹190. How many rupees of the budget are left?
  29. 29.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
  30. 30.Rohan has ₹280 to spend on packets of seeds. One packet of seeds costs ₹12. What is the greatest number of packets of seeds Rohan can buy?
  31. 31.True or false: “seeds and soil” is a running cost. (a) False (b) True
  32. 32.Lakshmi has a budget of ₹600. The stock costs ₹260 and the stall fee is ₹370. Is the budget enough? (a) Yes (b) No
  33. 33.🔍 Which is the odd one out? (a) lemons (b) tea leaves and milk (c) a price board (d) paper cups
  34. 34.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost
  35. 35.Ishaan plans to make 29 cupcakes. Each needs ₹10 of materials, and a banner costs ₹90 once. What total budget is needed (in ₹)?
  36. 36.Which of these is a one-time cost? (a) sugar (b) paper cups (c) a folding table (d) seeds and soil
  37. 37.Ananya has a budget of ₹700. The stock costs ₹60 and the stall fee is ₹650. Is the budget enough? (a) Yes (b) No
  38. 38.🔍 Which is the odd one out? (a) a cooler box (b) a folding table (c) a cloth banner (d) seeds and soil
  39. 39.Nisha has ₹500 to spend on sheets of card paper. One sheet of card paper costs ₹20. What is the greatest number of sheets of card paper Nisha can buy?
  40. 40.Ishaan has a budget of ₹800. The stock costs ₹80 and the stall fee is ₹720. Is the budget enough? (a) Yes (b) No

Answer key

  1. a cooler box
  2. 120
  3. No
  4. a one-time cost
  5. a cash box
  6. paper cups
  7. Yes
  8. a running cost
  9. paper cups
  10. a running cost
  11. No
  12. a juicer
  13. False
  14. card paper
  15. Yes
  16. True
  17. sugar
  18. 21
  19. True
  20. False
  21. True
  22. a cloth banner
  23. 96
  24. a cash box
  25. a juicer
  26. False
  27. a price board
  28. 180
  29. a one-time cost
  30. 23
  31. True
  32. No
  33. a price board
  34. a one-time cost
  35. 380
  36. a folding table
  37. No
  38. seeds and soil
  39. 25
  40. Yes

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