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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 300 · 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.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
  2. 2.🔍 Which is the odd one out? (a) a cloth banner (b) seeds and soil (c) card paper (d) tea leaves and milk
  3. 3.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  4. 4.🔍 Which is the odd one out? (a) sugar (b) a juicer (c) seeds and soil (d) lemons
  5. 5.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost
  6. 6.Tara has a budget of ₹1000. The stock costs ₹370 and the stall fee is ₹610. Is the budget enough? (a) Yes (b) No
  7. 7.📒 One-time cost or running cost: sugar? (a) a running cost (b) a one-time cost
  8. 8.📒 One-time cost or running cost: tea leaves and milk? (a) a running cost (b) a one-time cost
  9. 9.Tara plans to make 29 clay diyas. Each needs ₹9 of materials, and a banner costs ₹120 once. What total budget is needed (in ₹)?
  10. 10.🔍 Which is the odd one out? (a) a folding table (b) a juicer (c) a price board (d) card paper
  11. 11.🔍 Which is the odd one out? (a) a cash box (b) seeds and soil (c) card paper (d) paper cups
  12. 12.True or false: “a price board” is a running cost. (a) False (b) True
  13. 13.Riya has ₹130 to spend on packs of cups. One pack of cups costs ₹5. What is the greatest number of packs of cups Riya can buy?
  14. 14.🔍 Which is the odd one out? (a) a cooler box (b) a folding table (c) a cloth banner (d) seeds and soil
  15. 15.Gurpreet has a budget of ₹400. The stock costs ₹160 and the stall fee is ₹220. Is the budget enough? (a) Yes (b) No
  16. 16.Meera has a budget of ₹600. The stock costs ₹230 and the stall fee is ₹330. Is the budget enough? (a) No (b) Yes
  17. 17.Kabir plans to make 19 paper bookmarks. Each needs ₹7 of materials, and a banner costs ₹250 once. What total budget is needed (in ₹)?
  18. 18.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost
  19. 19.Which of these is a running cost? (a) a price board (b) a juicer (c) a cooler box (d) card paper
  20. 20.True or false: “a cooler box” is a running cost. (a) True (b) False
  21. 21.📒 One-time cost or running cost: a cooler box? (a) a one-time cost (b) a running cost
  22. 22.🔍 Which is the odd one out? (a) sugar (b) a folding table (c) card paper (d) seeds and soil
  23. 23.Vihaan has ₹250 to spend on sheets of card paper. One sheet of card paper costs ₹4. What is the greatest number of sheets of card paper Vihaan can buy?
  24. 24.🔍 Which is the odd one out? (a) a price board (b) a cloth banner (c) a folding table (d) lemons
  25. 25.Which of these is a running cost? (a) a juicer (b) a cloth banner (c) lemons (d) a folding table
  26. 26.True or false: “a cloth banner” is a running cost. (a) True (b) False
  27. 27.Aarav’s stall budget is ₹650. Paper cups cost ₹200, lemons cost ₹130 and a banner cost ₹140. How many rupees of the budget are left?
  28. 28.📒 One-time cost or running cost: paper cups? (a) a running cost (b) a one-time cost
  29. 29.True or false: “seeds and soil” is a running cost. (a) True (b) False
  30. 30.Ishaan has a budget of ₹1000. The stock costs ₹90 and the stall fee is ₹960. Is the budget enough? (a) No (b) Yes
  31. 31.Which of these is a one-time cost? (a) tea leaves and milk (b) a cash box (c) seeds and soil (d) ice
  32. 32.Which of these is a one-time cost? (a) a price board (b) sugar (c) ice (d) paper cups
  33. 33.Nisha has ₹190 to spend on packets of seeds. One packet of seeds costs ₹5. What is the greatest number of packets of seeds Nisha can buy?
  34. 34.Vihaan has a budget of ₹300. The stock costs ₹80 and the stall fee is ₹210. Is the budget enough? (a) No (b) Yes
  35. 35.Rohan’s stall budget is ₹500. Lemons cost ₹160, paper cups cost ₹70 and napkins cost ₹180. How many rupees of the budget are left?
  36. 36.Kabir has a budget of ₹300. The stock costs ₹140 and the stall fee is ₹120. Is the budget enough? (a) Yes (b) No
  37. 37.Riya’s stall budget is ₹560. A price board cost ₹20, card paper cost ₹160 and seeds cost ₹230. How many rupees of the budget are left?
  38. 38.True or false: “seeds and soil” is a one-time cost. (a) False (b) True
  39. 39.Rohan plans to make 50 paper bookmarks. Each needs ₹2 of materials, and a banner costs ₹210 once. What total budget is needed (in ₹)?
  40. 40.Which of these is a one-time cost? (a) a folding table (b) lemons (c) ice (d) paper cups

Answer key

  1. a one-time cost
  2. a cloth banner
  3. a one-time cost
  4. a juicer
  5. a one-time cost
  6. Yes
  7. a running cost
  8. a running cost
  9. 381
  10. card paper
  11. a cash box
  12. False
  13. 26
  14. seeds and soil
  15. Yes
  16. Yes
  17. 383
  18. a one-time cost
  19. card paper
  20. False
  21. a one-time cost
  22. a folding table
  23. 62
  24. lemons
  25. lemons
  26. False
  27. 180
  28. a running cost
  29. True
  30. No
  31. a cash box
  32. a price board
  33. 38
  34. Yes
  35. 90
  36. Yes
  37. 150
  38. False
  39. 310
  40. a folding table

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