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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 268 · 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) paper cups (b) a folding table (c) sugar (d) tea leaves and milk
  2. 2.Kabir has a budget of ₹400. The stock costs ₹80 and the stall fee is ₹300. Is the budget enough? (a) Yes (b) No
  3. 3.True or false: “a juicer” is a running cost. (a) True (b) False
  4. 4.Aarav has a budget of ₹300. The stock costs ₹130 and the stall fee is ₹140. Is the budget enough? (a) No (b) Yes
  5. 5.Which of these is a one-time cost? (a) tea leaves and milk (b) paper cups (c) a cash box (d) seeds and soil
  6. 6.Joseph has a budget of ₹700. The stock costs ₹210 and the stall fee is ₹500. Is the budget enough? (a) Yes (b) No
  7. 7.True or false: “a cooler box” is a running cost. (a) True (b) False
  8. 8.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost
  9. 9.🔍 Which is the odd one out? (a) a juicer (b) paper cups (c) a price board (d) a cash box
  10. 10.Riya has a budget of ₹400. The stock costs ₹190 and the stall fee is ₹230. Is the budget enough? (a) Yes (b) No
  11. 11.Kabir plans to make 17 glasses of chai. Each needs ₹6 of materials, and a banner costs ₹240 once. What total budget is needed (in ₹)?
  12. 12.True or false: “tea leaves and milk” is a running cost. (a) True (b) False
  13. 13.True or false: “a folding table” is a running cost. (a) False (b) True
  14. 14.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
  15. 15.Kabir’s stall budget is ₹550. Ribbon cost ₹180, seeds cost ₹80 and a price board cost ₹160. How many rupees of the budget are left?
  16. 16.🔍 Which is the odd one out? (a) a cloth banner (b) paper cups (c) card paper (d) seeds and soil
  17. 17.📒 One-time cost or running cost: seeds and soil? (a) a one-time cost (b) a running cost
  18. 18.Joseph’s stall budget is ₹500. Paper cups cost ₹220, sugar cost ₹150 and a banner cost ₹70. How many rupees of the budget are left?
  19. 19.Gurpreet has ₹420 to spend on rolls of ribbon. One roll of ribbon costs ₹12. What is the greatest number of rolls of ribbon Gurpreet can buy?
  20. 20.Which of these is a one-time cost? (a) lemons (b) tea leaves and milk (c) a cooler box (d) paper cups
  21. 21.Ananya has ₹80 to spend on lemons. One lemon costs ₹8. What is the greatest number of lemons Ananya can buy?
  22. 22.Ananya has ₹390 to spend on lemons. One lemon costs ₹6. What is the greatest number of lemons Ananya can buy?
  23. 23.Diya plans to make 37 painted pebbles. Each needs ₹2 of materials, and a banner costs ₹230 once. What total budget is needed (in ₹)?
  24. 24.Meera has a budget of ₹700. The stock costs ₹130 and the stall fee is ₹520. Is the budget enough? (a) Yes (b) No
  25. 25.🔍 Which is the odd one out? (a) a cooler box (b) sugar (c) a juicer (d) a folding table
  26. 26.Riya has ₹280 to spend on sheets of card paper. One sheet of card paper costs ₹8. What is the greatest number of sheets of card paper Riya can buy?
  27. 27.True or false: “a juicer” is a one-time cost. (a) False (b) True
  28. 28.True or false: “sugar” is a one-time cost. (a) True (b) False
  29. 29.📒 One-time cost or running cost: a price board? (a) a one-time cost (b) a running cost
  30. 30.Joseph has ₹100 to spend on packets of seeds. One packet of seeds costs ₹20. What is the greatest number of packets of seeds Joseph can buy?
  31. 31.Joseph’s stall budget is ₹620. Lemons cost ₹220, a price board cost ₹100 and paper cups cost ₹40. How many rupees of the budget are left?
  32. 32.📒 One-time cost or running cost: a cloth banner? (a) a one-time cost (b) a running cost
  33. 33.📒 One-time cost or running cost: ice? (a) a running cost (b) a one-time cost
  34. 34.Tara’s stall budget is ₹650. A banner cost ₹50, napkins cost ₹30 and pots cost ₹300. How many rupees of the budget are left?
  35. 35.Ishaan plans to make 13 clay diyas. Each needs ₹6 of materials, and a banner costs ₹50 once. What total budget is needed (in ₹)?
  36. 36.🔍 Which is the odd one out? (a) tea leaves and milk (b) seeds and soil (c) card paper (d) a folding table
  37. 37.🔍 Which is the odd one out? (a) lemons (b) a price board (c) a juicer (d) a folding table
  38. 38.Lakshmi’s stall budget is ₹770. A price board cost ₹70, seeds cost ₹230 and paper cups cost ₹170. How many rupees of the budget are left?
  39. 39.True or false: “paper cups” is a running cost. (a) True (b) False
  40. 40.📒 One-time cost or running cost: a cooler box? (a) a one-time cost (b) a running cost

Answer key

  1. a folding table
  2. Yes
  3. False
  4. Yes
  5. a cash box
  6. No
  7. False
  8. a one-time cost
  9. paper cups
  10. No
  11. 342
  12. True
  13. False
  14. a running cost
  15. 130
  16. a cloth banner
  17. a running cost
  18. 60
  19. 35
  20. a cooler box
  21. 10
  22. 65
  23. 304
  24. Yes
  25. sugar
  26. 35
  27. True
  28. False
  29. a one-time cost
  30. 5
  31. 260
  32. a one-time cost
  33. a running cost
  34. 270
  35. 128
  36. a folding table
  37. lemons
  38. 300
  39. True
  40. a one-time cost

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