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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 271 · 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) paper cups (c) tea leaves and milk (d) a folding table
  2. 2.Diya’s stall budget is ₹630. A banner cost ₹290, card paper cost ₹40 and lemons cost ₹150. How many rupees of the budget are left?
  3. 3.Which of these is a running cost? (a) a cash box (b) a folding table (c) lemons (d) a juicer
  4. 4.Which of these is a one-time cost? (a) a cloth banner (b) sugar (c) paper cups (d) lemons
  5. 5.🔍 Which is the odd one out? (a) a folding table (b) a juicer (c) seeds and soil (d) a cloth banner
  6. 6.Which of these is a one-time cost? (a) card paper (b) ice (c) a cash box (d) seeds and soil
  7. 7.📒 One-time cost or running cost: a cloth banner? (a) a one-time cost (b) a running cost
  8. 8.🔍 Which is the odd one out? (a) tea leaves and milk (b) paper cups (c) a folding table (d) card paper
  9. 9.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  10. 10.Lakshmi plans to make 34 potted plants. Each needs ₹10 of materials, and a banner costs ₹160 once. What total budget is needed (in ₹)?
  11. 11.Kavya has a budget of ₹900. The stock costs ₹270 and the stall fee is ₹680. Is the budget enough? (a) Yes (b) No
  12. 12.Ananya has a budget of ₹900. The stock costs ₹140 and the stall fee is ₹750. Is the budget enough? (a) No (b) Yes
  13. 13.📒 One-time cost or running cost: ice? (a) a running cost (b) a one-time cost
  14. 14.Ishaan’s stall budget is ₹310. A price board cost ₹20, paper cups cost ₹70 and lemons cost ₹90. How many rupees of the budget are left?
  15. 15.True or false: “card paper” is a running cost. (a) False (b) True
  16. 16.Which of these is a running cost? (a) seeds and soil (b) a juicer (c) a price board (d) a cloth banner
  17. 17.Saanvi has a budget of ₹700. The stock costs ₹290 and the stall fee is ₹400. Is the budget enough? (a) No (b) Yes
  18. 18.True or false: “a folding table” is a one-time cost. (a) False (b) True
  19. 19.Diya’s stall budget is ₹820. Paper cups cost ₹300, seeds cost ₹100 and lemons cost ₹250. How many rupees of the budget are left?
  20. 20.Which of these is a running cost? (a) a cooler box (b) a cloth banner (c) paper cups (d) a folding table
  21. 21.Which of these is a one-time cost? (a) ice (b) a juicer (c) sugar (d) tea leaves and milk
  22. 22.📒 One-time cost or running cost: a cooler box? (a) a one-time cost (b) a running cost
  23. 23.True or false: “a cash box” is a one-time cost. (a) True (b) False
  24. 24.Lakshmi’s stall budget is ₹620. Napkins cost ₹280, seeds cost ₹150 and a banner cost ₹90. How many rupees of the budget are left?
  25. 25.🔍 Which is the odd one out? (a) a cooler box (b) a price board (c) paper cups (d) a folding table
  26. 26.Ananya has a budget of ₹600. The stock costs ₹150 and the stall fee is ₹410. Is the budget enough? (a) No (b) Yes
  27. 27.Which of these is a one-time cost? (a) seeds and soil (b) a cooler box (c) sugar (d) ice
  28. 28.📒 One-time cost or running cost: sugar? (a) a one-time cost (b) a running cost
  29. 29.📒 One-time cost or running cost: a price board? (a) a one-time cost (b) a running cost
  30. 30.📒 One-time cost or running cost: lemons? (a) a one-time cost (b) a running cost
  31. 31.Ananya has ₹160 to spend on lemons. One lemon costs ₹20. What is the greatest number of lemons Ananya can buy?
  32. 32.True or false: “sugar” is a running cost. (a) True (b) False
  33. 33.🔍 Which is the odd one out? (a) a cloth banner (b) a price board (c) card paper (d) a cooler box
  34. 34.Meera has ₹110 to spend on packets of seeds. One packet of seeds costs ₹20. What is the greatest number of packets of seeds Meera can buy?
  35. 35.📒 One-time cost or running cost: paper cups? (a) a running cost (b) a one-time cost
  36. 36.True or false: “a price board” is a one-time cost. (a) False (b) True
  37. 37.True or false: “a cooler box” is a one-time cost. (a) True (b) False
  38. 38.🔍 Which is the odd one out? (a) sugar (b) a price board (c) a folding table (d) a cash box
  39. 39.Which of these is a running cost? (a) ice (b) a folding table (c) a cloth banner (d) a cooler box
  40. 40.Rohan has a budget of ₹600. The stock costs ₹160 and the stall fee is ₹390. Is the budget enough? (a) No (b) Yes

Answer key

  1. a folding table
  2. 150
  3. lemons
  4. a cloth banner
  5. seeds and soil
  6. a cash box
  7. a one-time cost
  8. a folding table
  9. a one-time cost
  10. 500
  11. No
  12. Yes
  13. a running cost
  14. 130
  15. True
  16. seeds and soil
  17. Yes
  18. True
  19. 170
  20. paper cups
  21. a juicer
  22. a one-time cost
  23. True
  24. 100
  25. paper cups
  26. Yes
  27. a cooler box
  28. a running cost
  29. a one-time cost
  30. a running cost
  31. 8
  32. True
  33. card paper
  34. 5
  35. a running cost
  36. True
  37. True
  38. sugar
  39. ice
  40. Yes

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