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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 360 · 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: “ice” is a running cost. (a) False (b) True
  2. 2.Joseph has a budget of ₹300. The stock costs ₹100 and the stall fee is ₹210. Is the budget enough? (a) Yes (b) No
  3. 3.📒 One-time cost or running cost: seeds and soil? (a) a running cost (b) a one-time cost
  4. 4.True or false: “a cooler box” is a running cost. (a) False (b) True
  5. 5.True or false: “a juicer” is a one-time cost. (a) False (b) True
  6. 6.Which of these is a running cost? (a) a cash box (b) a folding table (c) paper cups (d) a price board
  7. 7.True or false: “tea leaves and milk” is a one-time cost. (a) True (b) False
  8. 8.Which of these is a running cost? (a) lemons (b) a juicer (c) a cash box (d) a price board
  9. 9.Ishaan’s stall budget is ₹490. A banner cost ₹40, pots cost ₹70 and lemons cost ₹150. How many rupees of the budget are left?
  10. 10.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  11. 11.Which of these is a one-time cost? (a) a cloth banner (b) paper cups (c) sugar (d) seeds and soil
  12. 12.Vihaan has a budget of ₹800. The stock costs ₹210 and the stall fee is ₹570. Is the budget enough? (a) No (b) Yes
  13. 13.Meera’s stall budget is ₹830. Sugar cost ₹160, paper cups cost ₹210 and napkins cost ₹260. How many rupees of the budget are left?
  14. 14.True or false: “a cooler box” is a one-time cost. (a) False (b) True
  15. 15.🔍 Which is the odd one out? (a) lemons (b) a folding table (c) sugar (d) card paper
  16. 16.Arjun plans to make 15 paper bookmarks. Each needs ₹7 of materials, and a banner costs ₹70 once. What total budget is needed (in ₹)?
  17. 17.Farhan has ₹170 to spend on packets of seeds. One packet of seeds costs ₹12. What is the greatest number of packets of seeds Farhan can buy?
  18. 18.Tara’s stall budget is ₹250. Pots cost ₹80, a banner cost ₹30 and paper cups cost ₹20. How many rupees of the budget are left?
  19. 19.Farhan’s stall budget is ₹730. Paper cups cost ₹110, napkins cost ₹170 and pots cost ₹280. How many rupees of the budget are left?
  20. 20.True or false: “a folding table” is a running cost. (a) True (b) False
  21. 21.🔍 Which is the odd one out? (a) a cloth banner (b) sugar (c) a price board (d) a cooler box
  22. 22.🔍 Which is the odd one out? (a) ice (b) tea leaves and milk (c) card paper (d) a cloth banner
  23. 23.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost
  24. 24.Zoya has a budget of ₹400. The stock costs ₹110 and the stall fee is ₹250. Is the budget enough? (a) No (b) Yes
  25. 25.Which of these is a running cost? (a) a juicer (b) a folding table (c) a cloth banner (d) tea leaves and milk
  26. 26.Ishaan has ₹420 to spend on packs of cups. One pack of cups costs ₹4. What is the greatest number of packs of cups Ishaan can buy?
  27. 27.Rohan has ₹410 to spend on packets of seeds. One packet of seeds costs ₹4. What is the greatest number of packets of seeds Rohan can buy?
  28. 28.🔍 Which is the odd one out? (a) lemons (b) a cooler box (c) a folding table (d) a juicer
  29. 29.Gurpreet has ₹120 to spend on sheets of card paper. One sheet of card paper costs ₹15. What is the greatest number of sheets of card paper Gurpreet can buy?
  30. 30.📒 One-time cost or running cost: ice? (a) a running cost (b) a one-time cost
  31. 31.Ananya has ₹190 to spend on packets of seeds. One packet of seeds costs ₹20. What is the greatest number of packets of seeds Ananya can buy?
  32. 32.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
  33. 33.Saanvi has a budget of ₹400. The stock costs ₹70 and the stall fee is ₹300. Is the budget enough? (a) Yes (b) No
  34. 34.Dev’s stall budget is ₹690. Pots cost ₹210, ribbon cost ₹120 and card paper cost ₹130. How many rupees of the budget are left?
  35. 35.True or false: “a folding table” is a one-time cost. (a) False (b) True
  36. 36.Ishaan plans to make 36 paper bookmarks. Each needs ₹5 of materials, and a banner costs ₹140 once. What total budget is needed (in ₹)?
  37. 37.Saanvi has a budget of ₹600. The stock costs ₹170 and the stall fee is ₹380. Is the budget enough? (a) Yes (b) No
  38. 38.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  39. 39.True or false: “card paper” is a running cost. (a) False (b) True
  40. 40.Rohan has ₹330 to spend on packs of cups. One pack of cups costs ₹15. What is the greatest number of packs of cups Rohan can buy?

Answer key

  1. True
  2. No
  3. a running cost
  4. False
  5. True
  6. paper cups
  7. False
  8. lemons
  9. 230
  10. a one-time cost
  11. a cloth banner
  12. Yes
  13. 200
  14. True
  15. a folding table
  16. 175
  17. 14
  18. 120
  19. 170
  20. False
  21. sugar
  22. a cloth banner
  23. a one-time cost
  24. Yes
  25. tea leaves and milk
  26. 105
  27. 102
  28. lemons
  29. 8
  30. a running cost
  31. 9
  32. a one-time cost
  33. Yes
  34. 230
  35. True
  36. 320
  37. Yes
  38. a one-time cost
  39. True
  40. 22

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