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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 358 · 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.Joseph has a budget of ₹400. The stock costs ₹60 and the stall fee is ₹380. Is the budget enough? (a) No (b) Yes
  2. 2.Which of these is a one-time cost? (a) lemons (b) a price board (c) card paper (d) paper cups
  3. 3.Saanvi has a budget of ₹900. The stock costs ₹120 and the stall fee is ₹810. Is the budget enough? (a) No (b) Yes
  4. 4.📒 One-time cost or running cost: ice? (a) a running cost (b) a one-time cost
  5. 5.Lakshmi plans to make 38 cupcakes. Each needs ₹7 of materials, and a banner costs ₹200 once. What total budget is needed (in ₹)?
  6. 6.🔍 Which is the odd one out? (a) a cash box (b) seeds and soil (c) a folding table (d) a cooler box
  7. 7.True or false: “sugar” is a one-time cost. (a) False (b) True
  8. 8.📒 One-time cost or running cost: seeds and soil? (a) a running cost (b) a one-time cost
  9. 9.Nisha has ₹150 to spend on rolls of ribbon. One roll of ribbon costs ₹8. What is the greatest number of rolls of ribbon Nisha can buy?
  10. 10.Zoya has a budget of ₹500. The stock costs ₹150 and the stall fee is ₹330. Is the budget enough? (a) No (b) Yes
  11. 11.Meera’s stall budget is ₹830. Paper cups cost ₹230, a price board cost ₹190 and lemons cost ₹120. How many rupees of the budget are left?
  12. 12.Vihaan’s stall budget is ₹710. A price board cost ₹130, pots cost ₹150 and seeds cost ₹140. How many rupees of the budget are left?
  13. 13.True or false: “a cloth banner” is a one-time cost. (a) True (b) False
  14. 14.Which of these is a one-time cost? (a) lemons (b) seeds and soil (c) a cooler box (d) sugar
  15. 15.🔍 Which is the odd one out? (a) a cash box (b) a folding table (c) a cloth banner (d) paper cups
  16. 16.Gurpreet has a budget of ₹600. The stock costs ₹260 and the stall fee is ₹330. Is the budget enough? (a) No (b) Yes
  17. 17.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
  18. 18.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
  19. 19.True or false: “paper cups” is a running cost. (a) True (b) False
  20. 20.True or false: “tea leaves and milk” is a one-time cost. (a) False (b) True
  21. 21.🔍 Which is the odd one out? (a) a cooler box (b) a price board (c) a cash box (d) lemons
  22. 22.Dev’s stall budget is ₹680. Sugar cost ₹210, ribbon cost ₹250 and a banner cost ₹100. How many rupees of the budget are left?
  23. 23.Which of these is a one-time cost? (a) lemons (b) a cloth banner (c) card paper (d) paper cups
  24. 24.🔍 Which is the odd one out? (a) a cash box (b) tea leaves and milk (c) a folding table (d) a price board
  25. 25.True or false: “a cooler box” is a one-time cost. (a) True (b) False
  26. 26.Which of these is a one-time cost? (a) a juicer (b) ice (c) lemons (d) seeds and soil
  27. 27.Gurpreet’s stall budget is ₹710. Paper cups cost ₹50, pots cost ₹130 and napkins cost ₹250. How many rupees of the budget are left?
  28. 28.Which of these is a one-time cost? (a) a cash box (b) tea leaves and milk (c) paper cups (d) lemons
  29. 29.Which of these is a running cost? (a) a juicer (b) a cooler box (c) a cash box (d) tea leaves and milk
  30. 30.📒 One-time cost or running cost: a cloth banner? (a) a one-time cost (b) a running cost
  31. 31.Meera has a budget of ₹900. The stock costs ₹250 and the stall fee is ₹660. Is the budget enough? (a) No (b) Yes
  32. 32.Ishaan has ₹240 to spend on packets of seeds. One packet of seeds costs ₹15. What is the greatest number of packets of seeds Ishaan can buy?
  33. 33.🔍 Which is the odd one out? (a) card paper (b) ice (c) tea leaves and milk (d) a cloth banner
  34. 34.Joseph plans to make 16 jute bags. Each needs ₹4 of materials, and a banner costs ₹110 once. What total budget is needed (in ₹)?
  35. 35.Ananya’s stall budget is ₹420. Sugar cost ₹30, pots cost ₹200 and a banner cost ₹110. How many rupees of the budget are left?
  36. 36.🔍 Which is the odd one out? (a) card paper (b) seeds and soil (c) tea leaves and milk (d) a folding table
  37. 37.Dev has a budget of ₹900. The stock costs ₹180 and the stall fee is ₹700. Is the budget enough? (a) Yes (b) No
  38. 38.True or false: “a price board” is a one-time cost. (a) False (b) True
  39. 39.Nisha has a budget of ₹1000. The stock costs ₹460 and the stall fee is ₹490. Is the budget enough? (a) Yes (b) No
  40. 40.🔍 Which is the odd one out? (a) lemons (b) seeds and soil (c) card paper (d) a juicer

Answer key

  1. No
  2. a price board
  3. No
  4. a running cost
  5. 466
  6. seeds and soil
  7. False
  8. a running cost
  9. 18
  10. Yes
  11. 290
  12. 290
  13. True
  14. a cooler box
  15. paper cups
  16. Yes
  17. a one-time cost
  18. a one-time cost
  19. True
  20. False
  21. lemons
  22. 120
  23. a cloth banner
  24. tea leaves and milk
  25. True
  26. a juicer
  27. 280
  28. a cash box
  29. tea leaves and milk
  30. a one-time cost
  31. No
  32. 16
  33. a cloth banner
  34. 174
  35. 80
  36. a folding table
  37. Yes
  38. True
  39. Yes
  40. a juicer

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