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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 267 · 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 one-time cost? (a) lemons (b) ice (c) a cash box (d) card paper
  2. 2.Which of these is a one-time cost? (a) a folding table (b) tea leaves and milk (c) card paper (d) paper cups
  3. 3.📒 One-time cost or running cost: sugar? (a) a one-time cost (b) a running cost
  4. 4.Lakshmi’s stall budget is ₹540. Card paper cost ₹60, lemons cost ₹200 and paper cups cost ₹260. How many rupees of the budget are left?
  5. 5.True or false: “a price board” is a running cost. (a) True (b) False
  6. 6.Kabir has ₹380 to spend on lemons. One lemon costs ₹15. What is the greatest number of lemons Kabir can buy?
  7. 7.📒 One-time cost or running cost: paper cups? (a) a running cost (b) a one-time cost
  8. 8.🔍 Which is the odd one out? (a) a cloth banner (b) a cash box (c) ice (d) a folding table
  9. 9.Which of these is a one-time cost? (a) lemons (b) sugar (c) a cooler box (d) ice
  10. 10.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
  11. 11.Aarav has a budget of ₹1000. The stock costs ₹90 and the stall fee is ₹940. Is the budget enough? (a) Yes (b) No
  12. 12.Which of these is a running cost? (a) a juicer (b) card paper (c) a folding table (d) a cloth banner
  13. 13.Rohan has ₹470 to spend on sheets of card paper. One sheet of card paper costs ₹10. What is the greatest number of sheets of card paper Rohan can buy?
  14. 14.Which of these is a one-time cost? (a) tea leaves and milk (b) seeds and soil (c) a price board (d) lemons
  15. 15.Gurpreet has ₹160 to spend on lemons. One lemon costs ₹15. What is the greatest number of lemons Gurpreet can buy?
  16. 16.Zoya’s stall budget is ₹560. A banner cost ₹220, napkins cost ₹120 and ribbon cost ₹120. How many rupees of the budget are left?
  17. 17.Farhan has a budget of ₹800. The stock costs ₹100 and the stall fee is ₹660. Is the budget enough? (a) No (b) Yes
  18. 18.📒 One-time cost or running cost: lemons? (a) a running cost (b) a one-time cost
  19. 19.Lakshmi’s stall budget is ₹710. Seeds cost ₹210, a banner cost ₹260 and paper cups cost ₹200. How many rupees of the budget are left?
  20. 20.True or false: “paper cups” is a running cost. (a) True (b) False
  21. 21.Meera’s stall budget is ₹470. Sugar cost ₹100, card paper cost ₹140 and pots cost ₹80. How many rupees of the budget are left?
  22. 22.📒 One-time cost or running cost: ice? (a) a one-time cost (b) a running cost
  23. 23.Ishaan’s stall budget is ₹440. Paper cups cost ₹60, sugar cost ₹250 and napkins cost ₹90. How many rupees of the budget are left?
  24. 24.True or false: “a price board” is a one-time cost. (a) False (b) True
  25. 25.📒 One-time cost or running cost: card paper? (a) a running cost (b) a one-time cost
  26. 26.True or false: “lemons” is a running cost. (a) False (b) True
  27. 27.🔍 Which is the odd one out? (a) a cloth banner (b) a cash box (c) a price board (d) seeds and soil
  28. 28.Which of these is a running cost? (a) a cooler box (b) a price board (c) lemons (d) a folding table
  29. 29.Rohan has ₹70 to spend on rolls of ribbon. One roll of ribbon costs ₹5. What is the greatest number of rolls of ribbon Rohan can buy?
  30. 30.Kabir has a budget of ₹1000. The stock costs ₹130 and the stall fee is ₹850. Is the budget enough? (a) Yes (b) No
  31. 31.Meera has a budget of ₹300. The stock costs ₹130 and the stall fee is ₹220. Is the budget enough? (a) Yes (b) No
  32. 32.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost
  33. 33.🔍 Which is the odd one out? (a) a folding table (b) a juicer (c) a cloth banner (d) sugar
  34. 34.True or false: “lemons” is a one-time cost. (a) False (b) True
  35. 35.Which of these is a running cost? (a) a cloth banner (b) a cash box (c) a price board (d) sugar
  36. 36.True or false: “a folding table” is a one-time cost. (a) False (b) True
  37. 37.Riya has ₹70 to spend on packs of cups. One pack of cups costs ₹20. What is the greatest number of packs of cups Riya can buy?
  38. 38.Nisha has a budget of ₹800. The stock costs ₹290 and the stall fee is ₹510. Is the budget enough? (a) No (b) Yes
  39. 39.Which of these is a running cost? (a) a cloth banner (b) a price board (c) seeds and soil (d) a folding table
  40. 40.Gurpreet has ₹60 to spend on sheets of card paper. One sheet of card paper costs ₹20. What is the greatest number of sheets of card paper Gurpreet can buy?

Answer key

  1. a cash box
  2. a folding table
  3. a running cost
  4. 20
  5. False
  6. 25
  7. a running cost
  8. ice
  9. a cooler box
  10. a running cost
  11. No
  12. card paper
  13. 47
  14. a price board
  15. 10
  16. 100
  17. Yes
  18. a running cost
  19. 40
  20. True
  21. 150
  22. a running cost
  23. 40
  24. True
  25. a running cost
  26. True
  27. seeds and soil
  28. lemons
  29. 14
  30. Yes
  31. No
  32. a one-time cost
  33. sugar
  34. False
  35. sugar
  36. True
  37. 3
  38. Yes
  39. seeds and soil
  40. 3

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