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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 363 · 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 cloth banner” is a running cost. (a) True (b) False
  2. 2.🔍 Which is the odd one out? (a) a cloth banner (b) seeds and soil (c) a cash box (d) a price board
  3. 3.Saanvi has a budget of ₹600. The stock costs ₹260 and the stall fee is ₹350. Is the budget enough? (a) No (b) Yes
  4. 4.Tara’s stall budget is ₹930. Lemons cost ₹240, a price board cost ₹250 and seeds cost ₹260. How many rupees of the budget are left?
  5. 5.Meera plans to make 13 potted plants. Each needs ₹4 of materials, and a banner costs ₹260 once. What total budget is needed (in ₹)?
  6. 6.Which of these is a running cost? (a) a price board (b) a juicer (c) lemons (d) a cloth banner
  7. 7.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  8. 8.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost
  9. 9.True or false: “ice” is a running cost. (a) True (b) False
  10. 10.🔍 Which is the odd one out? (a) a cooler box (b) a cloth banner (c) a cash box (d) lemons
  11. 11.Kabir plans to make 21 glasses of chai. Each needs ₹2 of materials, and a banner costs ₹260 once. What total budget is needed (in ₹)?
  12. 12.Lakshmi has ₹160 to spend on packets of seeds. One packet of seeds costs ₹6. What is the greatest number of packets of seeds Lakshmi can buy?
  13. 13.Lakshmi’s stall budget is ₹660. A banner cost ₹70, a price board cost ₹240 and paper cups cost ₹90. How many rupees of the budget are left?
  14. 14.🔍 Which is the odd one out? (a) paper cups (b) card paper (c) seeds and soil (d) a cloth banner
  15. 15.True or false: “a folding table” is a running cost. (a) False (b) True
  16. 16.Which of these is a running cost? (a) a price board (b) a cooler box (c) card paper (d) a folding table
  17. 17.Farhan has a budget of ₹900. The stock costs ₹410 and the stall fee is ₹540. Is the budget enough? (a) No (b) Yes
  18. 18.Which of these is a running cost? (a) a cloth banner (b) ice (c) a cooler box (d) a juicer
  19. 19.Which of these is a one-time cost? (a) paper cups (b) a juicer (c) card paper (d) tea leaves and milk
  20. 20.Which of these is a one-time cost? (a) ice (b) lemons (c) card paper (d) a cloth banner
  21. 21.Tara’s stall budget is ₹380. Lemons cost ₹60, pots cost ₹240 and seeds cost ₹20. How many rupees of the budget are left?
  22. 22.Kabir has a budget of ₹700. The stock costs ₹110 and the stall fee is ₹560. Is the budget enough? (a) No (b) Yes
  23. 23.Farhan plans to make 15 potted plants. Each needs ₹4 of materials, and a banner costs ₹80 once. What total budget is needed (in ₹)?
  24. 24.Tara has ₹460 to spend on lemons. One lemon costs ₹10. What is the greatest number of lemons Tara can buy?
  25. 25.Saanvi has ₹130 to spend on rolls of ribbon. One roll of ribbon costs ₹20. What is the greatest number of rolls of ribbon Saanvi can buy?
  26. 26.📒 One-time cost or running cost: paper cups? (a) a one-time cost (b) a running cost
  27. 27.🔍 Which is the odd one out? (a) a cooler box (b) tea leaves and milk (c) a folding table (d) a cash box
  28. 28.Dev has a budget of ₹900. The stock costs ₹60 and the stall fee is ₹850. Is the budget enough? (a) No (b) Yes
  29. 29.Lakshmi’s stall budget is ₹440. A price board cost ₹250, pots cost ₹60 and paper cups cost ₹30. How many rupees of the budget are left?
  30. 30.Kabir’s stall budget is ₹860. A banner cost ₹150, paper cups cost ₹300 and card paper cost ₹110. How many rupees of the budget are left?
  31. 31.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost
  32. 32.Nisha’s stall budget is ₹410. Lemons cost ₹40, napkins cost ₹40 and sugar cost ₹240. How many rupees of the budget are left?
  33. 33.Vihaan plans to make 26 cups of lemonade. Each needs ₹5 of materials, and a banner costs ₹90 once. What total budget is needed (in ₹)?
  34. 34.🔍 Which is the odd one out? (a) tea leaves and milk (b) a cash box (c) seeds and soil (d) lemons
  35. 35.Diya has a budget of ₹400. The stock costs ₹50 and the stall fee is ₹310. Is the budget enough? (a) No (b) Yes
  36. 36.Which of these is a one-time cost? (a) sugar (b) lemons (c) a price board (d) card paper
  37. 37.Diya’s stall budget is ₹210. Seeds cost ₹40, napkins cost ₹50 and paper cups cost ₹30. How many rupees of the budget are left?
  38. 38.True or false: “a cash box” is a running cost. (a) True (b) False
  39. 39.📒 One-time cost or running cost: seeds and soil? (a) a running cost (b) a one-time cost
  40. 40.Which of these is a running cost? (a) paper cups (b) a juicer (c) a price board (d) a cloth banner

Answer key

  1. False
  2. seeds and soil
  3. No
  4. 180
  5. 312
  6. lemons
  7. a one-time cost
  8. a one-time cost
  9. True
  10. lemons
  11. 302
  12. 26
  13. 260
  14. a cloth banner
  15. False
  16. card paper
  17. No
  18. ice
  19. a juicer
  20. a cloth banner
  21. 60
  22. Yes
  23. 140
  24. 46
  25. 6
  26. a running cost
  27. tea leaves and milk
  28. No
  29. 100
  30. 300
  31. a one-time cost
  32. 90
  33. 220
  34. a cash box
  35. Yes
  36. a price board
  37. 90
  38. False
  39. a running cost
  40. paper cups

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