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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 27 · 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.Kabir has ₹340 to spend on lemons. One lemon costs ₹10. What is the greatest number of lemons Kabir can buy?
  2. 2.Arjun has a budget of ₹600. The stock costs ₹180 and the stall fee is ₹470. Is the budget enough? (a) Yes (b) No
  3. 3.📒 One-time cost or running cost: seeds and soil? (a) a one-time cost (b) a running cost
  4. 4.Farhan’s stall budget is ₹800. Seeds cost ₹150, napkins cost ₹100 and a price board cost ₹260. How many rupees of the budget are left?
  5. 5.🔍 Which is the odd one out? (a) sugar (b) a price board (c) a cloth banner (d) a juicer
  6. 6.True or false: “a juicer” is a running cost. (a) False (b) True
  7. 7.Tara has a budget of ₹400. The stock costs ₹70 and the stall fee is ₹370. Is the budget enough? (a) No (b) Yes
  8. 8.Saanvi plans to make 25 cupcakes. Each needs ₹10 of materials, and a banner costs ₹120 once. What total budget is needed (in ₹)?
  9. 9.Kabir has a budget of ₹1000. The stock costs ₹500 and the stall fee is ₹480. Is the budget enough? (a) No (b) Yes
  10. 10.🔍 Which is the odd one out? (a) sugar (b) ice (c) a cloth banner (d) tea leaves and milk
  11. 11.🔍 Which is the odd one out? (a) a cloth banner (b) a folding table (c) paper cups (d) a juicer
  12. 12.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  13. 13.Kavya’s stall budget is ₹590. Lemons cost ₹40, pots cost ₹260 and ribbon cost ₹80. How many rupees of the budget are left?
  14. 14.📒 One-time cost or running cost: a cloth banner? (a) a one-time cost (b) a running cost
  15. 15.🔍 Which is the odd one out? (a) lemons (b) tea leaves and milk (c) a juicer (d) card paper
  16. 16.Gurpreet has ₹380 to spend on lemons. One lemon costs ₹20. What is the greatest number of lemons Gurpreet can buy?
  17. 17.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
  18. 18.Which of these is a one-time cost? (a) card paper (b) seeds and soil (c) a cooler box (d) ice
  19. 19.Tara has a budget of ₹600. The stock costs ₹120 and the stall fee is ₹440. Is the budget enough? (a) Yes (b) No
  20. 20.📒 One-time cost or running cost: a cooler box? (a) a one-time cost (b) a running cost
  21. 21.Which of these is a running cost? (a) a cash box (b) lemons (c) a cloth banner (d) a cooler box
  22. 22.Arjun plans to make 12 fruit cups. Each needs ₹3 of materials, and a banner costs ₹100 once. What total budget is needed (in ₹)?
  23. 23.True or false: “a cloth banner” is a running cost. (a) True (b) False
  24. 24.Which of these is a one-time cost? (a) lemons (b) ice (c) card paper (d) a cloth banner
  25. 25.🔍 Which is the odd one out? (a) a cash box (b) a juicer (c) card paper (d) a cooler box
  26. 26.True or false: “sugar” is a one-time cost. (a) True (b) False
  27. 27.Diya has ₹370 to spend on packets of seeds. One packet of seeds costs ₹8. What is the greatest number of packets of seeds Diya can buy?
  28. 28.Which of these is a running cost? (a) a cooler box (b) seeds and soil (c) a juicer (d) a price board
  29. 29.True or false: “a cooler box” is a one-time cost. (a) False (b) True
  30. 30.True or false: “a folding table” is a running cost. (a) False (b) True
  31. 31.Which of these is a one-time cost? (a) paper cups (b) seeds and soil (c) sugar (d) a juicer
  32. 32.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
  33. 33.🔍 Which is the odd one out? (a) a cloth banner (b) a cash box (c) lemons (d) a folding table
  34. 34.Diya has a budget of ₹700. The stock costs ₹230 and the stall fee is ₹440. Is the budget enough? (a) No (b) Yes
  35. 35.Meera has a budget of ₹700. The stock costs ₹340 and the stall fee is ₹410. Is the budget enough? (a) No (b) Yes
  36. 36.Which of these is a running cost? (a) a cash box (b) a folding table (c) tea leaves and milk (d) a cooler box
  37. 37.True or false: “paper cups” is a one-time cost. (a) True (b) False
  38. 38.Which of these is a running cost? (a) a cooler box (b) a juicer (c) ice (d) a price board
  39. 39.Joseph’s stall budget is ₹250. Pots cost ₹20, a banner cost ₹60 and a price board cost ₹30. How many rupees of the budget are left?
  40. 40.🔍 Which is the odd one out? (a) a juicer (b) a cooler box (c) ice (d) a price board

Answer key

  1. 34
  2. No
  3. a running cost
  4. 290
  5. sugar
  6. False
  7. No
  8. 370
  9. Yes
  10. a cloth banner
  11. paper cups
  12. a one-time cost
  13. 210
  14. a one-time cost
  15. a juicer
  16. 19
  17. a running cost
  18. a cooler box
  19. Yes
  20. a one-time cost
  21. lemons
  22. 136
  23. False
  24. a cloth banner
  25. card paper
  26. False
  27. 46
  28. seeds and soil
  29. True
  30. False
  31. a juicer
  32. a one-time cost
  33. lemons
  34. Yes
  35. No
  36. tea leaves and milk
  37. False
  38. ice
  39. 140
  40. ice

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