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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 250 · 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: “a cooler box” is a running cost. (a) True (b) False
  2. 2.Zoya has a budget of ₹600. The stock costs ₹70 and the stall fee is ₹490. Is the budget enough? (a) Yes (b) No
  3. 3.🔍 Which is the odd one out? (a) tea leaves and milk (b) ice (c) a juicer (d) sugar
  4. 4.True or false: “card paper” is a running cost. (a) False (b) True
  5. 5.🔍 Which is the odd one out? (a) tea leaves and milk (b) seeds and soil (c) a folding table (d) paper cups
  6. 6.Which of these is a one-time cost? (a) card paper (b) seeds and soil (c) a price board (d) ice
  7. 7.Which of these is a one-time cost? (a) a cooler box (b) lemons (c) card paper (d) ice
  8. 8.Joseph’s stall budget is ₹580. Lemons cost ₹260, a price board cost ₹170 and sugar cost ₹20. How many rupees of the budget are left?
  9. 9.Riya plans to make 31 fruit cups. Each needs ₹7 of materials, and a banner costs ₹260 once. What total budget is needed (in ₹)?
  10. 10.Aarav has ₹180 to spend on packs of cups. One pack of cups costs ₹4. What is the greatest number of packs of cups Aarav can buy?
  11. 11.Which of these is a running cost? (a) a juicer (b) a price board (c) a cooler box (d) card paper
  12. 12.📒 One-time cost or running cost: card paper? (a) a running cost (b) a one-time cost
  13. 13.🔍 Which is the odd one out? (a) a juicer (b) a cash box (c) sugar (d) a price board
  14. 14.Rohan has a budget of ₹300. The stock costs ₹140 and the stall fee is ₹190. Is the budget enough? (a) No (b) Yes
  15. 15.Which of these is a one-time cost? (a) sugar (b) tea leaves and milk (c) a juicer (d) ice
  16. 16.Rohan has ₹170 to spend on lemons. One lemon costs ₹15. What is the greatest number of lemons Rohan can buy?
  17. 17.Which of these is a running cost? (a) seeds and soil (b) a folding table (c) a cooler box (d) a cloth banner
  18. 18.Kavya plans to make 43 friendship bands. Each needs ₹8 of materials, and a banner costs ₹150 once. What total budget is needed (in ₹)?
  19. 19.Diya has a budget of ₹900. The stock costs ₹200 and the stall fee is ₹650. Is the budget enough? (a) No (b) Yes
  20. 20.True or false: “a cloth banner” is a one-time cost. (a) True (b) False
  21. 21.Riya has a budget of ₹1000. The stock costs ₹310 and the stall fee is ₹730. Is the budget enough? (a) No (b) Yes
  22. 22.Which of these is a one-time cost? (a) lemons (b) ice (c) paper cups (d) a folding table
  23. 23.Saanvi has ₹270 to spend on sheets of card paper. One sheet of card paper costs ₹15. What is the greatest number of sheets of card paper Saanvi can buy?
  24. 24.Kavya has ₹120 to spend on packets of seeds. One packet of seeds costs ₹5. What is the greatest number of packets of seeds Kavya can buy?
  25. 25.🔍 Which is the odd one out? (a) seeds and soil (b) paper cups (c) a cooler box (d) card paper
  26. 26.Gurpreet’s stall budget is ₹900. Seeds cost ₹300, a price board cost ₹240 and card paper cost ₹140. How many rupees of the budget are left?
  27. 27.📒 One-time cost or running cost: tea leaves and milk? (a) a running cost (b) a one-time cost
  28. 28.Nisha’s stall budget is ₹400. Lemons cost ₹100, seeds cost ₹50 and pots cost ₹50. How many rupees of the budget are left?
  29. 29.True or false: “a folding table” is a one-time cost. (a) False (b) True
  30. 30.Gurpreet’s stall budget is ₹560. Sugar cost ₹190, ribbon cost ₹170 and pots cost ₹20. How many rupees of the budget are left?
  31. 31.Rohan’s stall budget is ₹440. Ribbon cost ₹260, pots cost ₹40 and a banner cost ₹110. How many rupees of the budget are left?
  32. 32.📒 One-time cost or running cost: ice? (a) a one-time cost (b) a running cost
  33. 33.Kavya’s stall budget is ₹540. Pots cost ₹150, a price board cost ₹220 and a banner cost ₹100. How many rupees of the budget are left?
  34. 34.🔍 Which is the odd one out? (a) a folding table (b) a cloth banner (c) lemons (d) a price board
  35. 35.Saanvi plans to make 28 painted pebbles. Each needs ₹5 of materials, and a banner costs ₹130 once. What total budget is needed (in ₹)?
  36. 36.True or false: “a juicer” is a running cost. (a) False (b) True
  37. 37.📒 One-time cost or running cost: a price board? (a) a one-time cost (b) a running cost
  38. 38.True or false: “lemons” is a one-time cost. (a) True (b) False
  39. 39.Rohan has ₹140 to spend on sheets of card paper. One sheet of card paper costs ₹5. What is the greatest number of sheets of card paper Rohan can buy?
  40. 40.True or false: “a cooler box” is a one-time cost. (a) False (b) True

Answer key

  1. False
  2. Yes
  3. a juicer
  4. True
  5. a folding table
  6. a price board
  7. a cooler box
  8. 130
  9. 477
  10. 45
  11. card paper
  12. a running cost
  13. sugar
  14. No
  15. a juicer
  16. 11
  17. seeds and soil
  18. 494
  19. Yes
  20. True
  21. No
  22. a folding table
  23. 18
  24. 24
  25. a cooler box
  26. 220
  27. a running cost
  28. 200
  29. True
  30. 180
  31. 30
  32. a running cost
  33. 70
  34. lemons
  35. 270
  36. False
  37. a one-time cost
  38. False
  39. 28
  40. True

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