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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 33 · 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.Farhan has a budget of ₹300. The stock costs ₹50 and the stall fee is ₹270. Is the budget enough? (a) No (b) Yes
  2. 2.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
  3. 3.Ananya’s stall budget is ₹530. A banner cost ₹70, sugar cost ₹60 and card paper cost ₹100. How many rupees of the budget are left?
  4. 4.📒 One-time cost or running cost: a cloth banner? (a) a one-time cost (b) a running cost
  5. 5.True or false: “a cash box” is a one-time cost. (a) True (b) False
  6. 6.Meera has a budget of ₹1000. The stock costs ₹190 and the stall fee is ₹820. Is the budget enough? (a) No (b) Yes
  7. 7.🔍 Which is the odd one out? (a) tea leaves and milk (b) a juicer (c) a price board (d) a cloth banner
  8. 8.Which of these is a running cost? (a) paper cups (b) a juicer (c) a cash box (d) a price board
  9. 9.Diya has a budget of ₹800. The stock costs ₹90 and the stall fee is ₹670. Is the budget enough? (a) No (b) Yes
  10. 10.True or false: “sugar” is a running cost. (a) True (b) False
  11. 11.🔍 Which is the odd one out? (a) paper cups (b) ice (c) a juicer (d) seeds and soil
  12. 12.Which of these is a running cost? (a) a price board (b) ice (c) a folding table (d) a cloth banner
  13. 13.True or false: “a price board” is a running cost. (a) False (b) True
  14. 14.Which of these is a one-time cost? (a) ice (b) a cooler box (c) paper cups (d) card paper
  15. 15.Zoya’s stall budget is ₹670. Lemons cost ₹200, paper cups cost ₹260 and napkins cost ₹160. How many rupees of the budget are left?
  16. 16.Kavya’s stall budget is ₹800. Ribbon cost ₹280, pots cost ₹170 and a banner cost ₹290. How many rupees of the budget are left?
  17. 17.True or false: “a folding table” is a one-time cost. (a) True (b) False
  18. 18.True or false: “lemons” is a one-time cost. (a) True (b) False
  19. 19.Aarav plans to make 22 bags of popcorn. Each needs ₹10 of materials, and a banner costs ₹250 once. What total budget is needed (in ₹)?
  20. 20.True or false: “seeds and soil” is a running cost. (a) False (b) True
  21. 21.Which of these is a one-time cost? (a) paper cups (b) ice (c) card paper (d) a cash box
  22. 22.Ishaan’s stall budget is ₹610. Napkins cost ₹80, lemons cost ₹290 and a banner cost ₹20. How many rupees of the budget are left?
  23. 23.True or false: “tea leaves and milk” is a running cost. (a) False (b) True
  24. 24.Which of these is a one-time cost? (a) card paper (b) sugar (c) tea leaves and milk (d) a price board
  25. 25.📒 One-time cost or running cost: lemons? (a) a running cost (b) a one-time cost
  26. 26.Riya has ₹290 to spend on packets of seeds. One packet of seeds costs ₹5. What is the greatest number of packets of seeds Riya can buy?
  27. 27.True or false: “ice” is a running cost. (a) True (b) False
  28. 28.True or false: “a cloth banner” is a running cost. (a) False (b) True
  29. 29.Ananya’s stall budget is ₹630. Pots cost ₹190, ribbon cost ₹90 and a price board cost ₹70. How many rupees of the budget are left?
  30. 30.Which of these is a one-time cost? (a) sugar (b) lemons (c) card paper (d) a juicer
  31. 31.Rohan has a budget of ₹400. The stock costs ₹70 and the stall fee is ₹340. Is the budget enough? (a) No (b) Yes
  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) paper cups (b) card paper (c) seeds and soil (d) a cloth banner
  34. 34.Arjun plans to make 45 cupcakes. Each needs ₹2 of materials, and a banner costs ₹290 once. What total budget is needed (in ₹)?
  35. 35.🔍 Which is the odd one out? (a) a cash box (b) card paper (c) a cloth banner (d) a folding table
  36. 36.📒 One-time cost or running cost: card paper? (a) a one-time cost (b) a running cost
  37. 37.Diya has ₹150 to spend on packs of cups. One pack of cups costs ₹5. What is the greatest number of packs of cups Diya can buy?
  38. 38.🔍 Which is the odd one out? (a) card paper (b) a folding table (c) paper cups (d) sugar
  39. 39.🔍 Which is the odd one out? (a) ice (b) seeds and soil (c) paper cups (d) a price board
  40. 40.🔍 Which is the odd one out? (a) a price board (b) a cooler box (c) lemons (d) a cloth banner

Answer key

  1. No
  2. a one-time cost
  3. 300
  4. a one-time cost
  5. True
  6. No
  7. tea leaves and milk
  8. paper cups
  9. Yes
  10. True
  11. a juicer
  12. ice
  13. False
  14. a cooler box
  15. 50
  16. 60
  17. True
  18. False
  19. 470
  20. True
  21. a cash box
  22. 220
  23. True
  24. a price board
  25. a running cost
  26. 58
  27. True
  28. False
  29. 280
  30. a juicer
  31. No
  32. a one-time cost
  33. a cloth banner
  34. 380
  35. card paper
  36. a running cost
  37. 30
  38. a folding table
  39. a price board
  40. lemons

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