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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 264 · 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 of these is a running cost? (a) a cash box (b) a price board (c) seeds and soil (d) a folding table
  2. 2.Aarav has a budget of ₹800. The stock costs ₹210 and the stall fee is ₹580. Is the budget enough? (a) No (b) Yes
  3. 3.🔍 Which is the odd one out? (a) a folding table (b) card paper (c) paper cups (d) sugar
  4. 4.True or false: “sugar” is a one-time cost. (a) True (b) False
  5. 5.📒 One-time cost or running cost: lemons? (a) a running cost (b) a one-time cost
  6. 6.True or false: “ice” is a one-time cost. (a) False (b) True
  7. 7.📒 One-time cost or running cost: paper cups? (a) a one-time cost (b) a running cost
  8. 8.True or false: “paper cups” is a running cost. (a) False (b) True
  9. 9.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  10. 10.🔍 Which is the odd one out? (a) a folding table (b) a cloth banner (c) a cooler box (d) seeds and soil
  11. 11.Zoya has a budget of ₹500. The stock costs ₹220 and the stall fee is ₹310. Is the budget enough? (a) No (b) Yes
  12. 12.True or false: “seeds and soil” is a running cost. (a) True (b) False
  13. 13.Gurpreet has a budget of ₹800. The stock costs ₹120 and the stall fee is ₹680. Is the budget enough? (a) No (b) Yes
  14. 14.True or false: “a folding table” is a one-time cost. (a) True (b) False
  15. 15.Kavya plans to make 16 cupcakes. Each needs ₹2 of materials, and a banner costs ₹240 once. What total budget is needed (in ₹)?
  16. 16.Aarav has a budget of ₹300. The stock costs ₹70 and the stall fee is ₹210. Is the budget enough? (a) Yes (b) No
  17. 17.True or false: “a price board” is a one-time cost. (a) True (b) False
  18. 18.True or false: “a cloth banner” is a running cost. (a) False (b) True
  19. 19.📒 One-time cost or running cost: tea leaves and milk? (a) a running cost (b) a one-time cost
  20. 20.🔍 Which is the odd one out? (a) a juicer (b) a cooler box (c) a cash box (d) ice
  21. 21.Kabir has ₹270 to spend on packs of cups. One pack of cups costs ₹5. What is the greatest number of packs of cups Kabir can buy?
  22. 22.Kabir has a budget of ₹700. The stock costs ₹170 and the stall fee is ₹540. Is the budget enough? (a) No (b) Yes
  23. 23.🔍 Which is the odd one out? (a) a price board (b) a cash box (c) a cloth banner (d) tea leaves and milk
  24. 24.Aarav has a budget of ₹600. The stock costs ₹250 and the stall fee is ₹300. Is the budget enough? (a) Yes (b) No
  25. 25.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  26. 26.Rohan’s stall budget is ₹350. A banner cost ₹60, a price board cost ₹100 and paper cups cost ₹50. How many rupees of the budget are left?
  27. 27.Which of these is a running cost? (a) a cooler box (b) tea leaves and milk (c) a price board (d) a juicer
  28. 28.Diya has ₹140 to spend on packs of cups. One pack of cups costs ₹8. What is the greatest number of packs of cups Diya can buy?
  29. 29.Meera plans to make 48 handmade cards. Each needs ₹3 of materials, and a banner costs ₹200 once. What total budget is needed (in ₹)?
  30. 30.Ishaan’s stall budget is ₹430. A banner cost ₹100, pots cost ₹110 and sugar cost ₹170. How many rupees of the budget are left?
  31. 31.Which of these is a one-time cost? (a) lemons (b) a cooler box (c) tea leaves and milk (d) seeds and soil
  32. 32.Which of these is a running cost? (a) a cooler box (b) a folding table (c) sugar (d) a juicer
  33. 33.Aarav’s stall budget is ₹610. Lemons cost ₹120, paper cups cost ₹200 and pots cost ₹220. How many rupees of the budget are left?
  34. 34.🔍 Which is the odd one out? (a) a cooler box (b) a price board (c) a folding table (d) lemons
  35. 35.Which of these is a running cost? (a) a folding table (b) a cloth banner (c) a price board (d) ice
  36. 36.Farhan’s stall budget is ₹750. Card paper cost ₹210, pots cost ₹270 and a banner cost ₹20. How many rupees of the budget are left?
  37. 37.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  38. 38.Gurpreet has ₹470 to spend on packs of cups. One pack of cups costs ₹6. What is the greatest number of packs of cups Gurpreet can buy?
  39. 39.True or false: “sugar” is a running cost. (a) False (b) True
  40. 40.Which of these is a one-time cost? (a) lemons (b) paper cups (c) a cash box (d) sugar

Answer key

  1. seeds and soil
  2. Yes
  3. a folding table
  4. False
  5. a running cost
  6. False
  7. a running cost
  8. True
  9. a one-time cost
  10. seeds and soil
  11. No
  12. True
  13. Yes
  14. True
  15. 272
  16. Yes
  17. True
  18. False
  19. a running cost
  20. ice
  21. 54
  22. No
  23. tea leaves and milk
  24. Yes
  25. a one-time cost
  26. 140
  27. tea leaves and milk
  28. 17
  29. 344
  30. 50
  31. a cooler box
  32. sugar
  33. 70
  34. lemons
  35. ice
  36. 250
  37. a one-time cost
  38. 78
  39. True
  40. a cash box

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