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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 313 · 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.True or false: “a cash box” is a one-time cost. (a) False (b) True
  2. 2.📒 One-time cost or running cost: a cloth banner? (a) a one-time cost (b) a running cost
  3. 3.Farhan’s stall budget is ₹790. Seeds cost ₹280, ribbon cost ₹290 and a banner cost ₹190. How many rupees of the budget are left?
  4. 4.Tara has ₹430 to spend on packs of cups. One pack of cups costs ₹12. What is the greatest number of packs of cups Tara can buy?
  5. 5.Ishaan has ₹250 to spend on packets of seeds. One packet of seeds costs ₹20. What is the greatest number of packets of seeds Ishaan can buy?
  6. 6.True or false: “a price board” is a one-time cost. (a) False (b) True
  7. 7.🔍 Which is the odd one out? (a) lemons (b) a cloth banner (c) a juicer (d) a price board
  8. 8.Which of these is a one-time cost? (a) sugar (b) a cloth banner (c) lemons (d) paper cups
  9. 9.True or false: “a cooler box” is a running cost. (a) False (b) True
  10. 10.🔍 Which is the odd one out? (a) a price board (b) ice (c) a juicer (d) a cloth banner
  11. 11.True or false: “ice” is a running cost. (a) True (b) False
  12. 12.🔍 Which is the odd one out? (a) a cloth banner (b) a juicer (c) a price board (d) tea leaves and milk
  13. 13.Saanvi has ₹440 to spend on packets of seeds. One packet of seeds costs ₹20. What is the greatest number of packets of seeds Saanvi can buy?
  14. 14.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
  15. 15.Nisha has ₹360 to spend on packets of seeds. One packet of seeds costs ₹4. What is the greatest number of packets of seeds Nisha can buy?
  16. 16.🔍 Which is the odd one out? (a) a cooler box (b) a juicer (c) a folding table (d) sugar
  17. 17.Kabir has ₹80 to spend on packets of seeds. One packet of seeds costs ₹5. What is the greatest number of packets of seeds Kabir can buy?
  18. 18.Which of these is a running cost? (a) a cash box (b) ice (c) a cloth banner (d) a price board
  19. 19.Meera has ₹90 to spend on sheets of card paper. One sheet of card paper costs ₹20. What is the greatest number of sheets of card paper Meera can buy?
  20. 20.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
  21. 21.Which of these is a running cost? (a) a cloth banner (b) a folding table (c) a cash box (d) seeds and soil
  22. 22.True or false: “seeds and soil” is a one-time cost. (a) True (b) False
  23. 23.Which of these is a one-time cost? (a) sugar (b) a cooler box (c) seeds and soil (d) paper cups
  24. 24.Dev plans to make 17 jute bags. Each needs ₹7 of materials, and a banner costs ₹220 once. What total budget is needed (in ₹)?
  25. 25.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  26. 26.Farhan has a budget of ₹500. The stock costs ₹200 and the stall fee is ₹320. Is the budget enough? (a) No (b) Yes
  27. 27.Which of these is a running cost? (a) a folding table (b) a juicer (c) tea leaves and milk (d) a cloth banner
  28. 28.Ananya’s stall budget is ₹640. Lemons cost ₹210, napkins cost ₹120 and sugar cost ₹230. How many rupees of the budget are left?
  29. 29.True or false: “tea leaves and milk” is a one-time cost. (a) True (b) False
  30. 30.🔍 Which is the odd one out? (a) a juicer (b) lemons (c) ice (d) paper cups
  31. 31.Aarav has a budget of ₹400. The stock costs ₹90 and the stall fee is ₹260. Is the budget enough? (a) No (b) Yes
  32. 32.True or false: “tea leaves and milk” is a running cost. (a) True (b) False
  33. 33.Vihaan’s stall budget is ₹660. Paper cups cost ₹300, lemons cost ₹260 and sugar cost ₹60. How many rupees of the budget are left?
  34. 34.Vihaan’s stall budget is ₹430. Pots cost ₹80, ribbon cost ₹130 and paper cups cost ₹200. How many rupees of the budget are left?
  35. 35.Which of these is a running cost? (a) a cooler box (b) a juicer (c) a cloth banner (d) sugar
  36. 36.Farhan has ₹370 to spend on lemons. One lemon costs ₹6. What is the greatest number of lemons Farhan can buy?
  37. 37.True or false: “a cooler box” is a one-time cost. (a) True (b) False
  38. 38.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost
  39. 39.Kabir’s stall budget is ₹850. Ribbon cost ₹120, a banner cost ₹270 and paper cups cost ₹160. How many rupees of the budget are left?
  40. 40.Kabir has a budget of ₹500. The stock costs ₹190 and the stall fee is ₹310. Is the budget enough? (a) Yes (b) No

Answer key

  1. True
  2. a one-time cost
  3. 30
  4. 35
  5. 12
  6. True
  7. lemons
  8. a cloth banner
  9. False
  10. ice
  11. True
  12. tea leaves and milk
  13. 22
  14. a one-time cost
  15. 90
  16. sugar
  17. 16
  18. ice
  19. 4
  20. a one-time cost
  21. seeds and soil
  22. False
  23. a cooler box
  24. 339
  25. a one-time cost
  26. No
  27. tea leaves and milk
  28. 80
  29. False
  30. a juicer
  31. Yes
  32. True
  33. 40
  34. 20
  35. sugar
  36. 61
  37. True
  38. a one-time cost
  39. 300
  40. Yes

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