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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 371 · 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.📒 One-time cost or running cost: sugar? (a) a running cost (b) a one-time cost
  2. 2.🔍 Which is the odd one out? (a) seeds and soil (b) a cloth banner (c) sugar (d) lemons
  3. 3.True or false: “a folding table” is a running cost. (a) False (b) True
  4. 4.Kabir has a budget of ₹700. The stock costs ₹250 and the stall fee is ₹460. Is the budget enough? (a) Yes (b) No
  5. 5.Which of these is a one-time cost? (a) tea leaves and milk (b) ice (c) a price board (d) sugar
  6. 6.Which of these is a running cost? (a) a cash box (b) sugar (c) a cooler box (d) a price board
  7. 7.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  8. 8.Gurpreet has a budget of ₹300. The stock costs ₹130 and the stall fee is ₹200. Is the budget enough? (a) No (b) Yes
  9. 9.Kavya’s stall budget is ₹910. Napkins cost ₹140, ribbon cost ₹260 and card paper cost ₹290. How many rupees of the budget are left?
  10. 10.🔍 Which is the odd one out? (a) a cooler box (b) a juicer (c) ice (d) a cloth banner
  11. 11.🔍 Which is the odd one out? (a) paper cups (b) ice (c) a folding table (d) card paper
  12. 12.Which of these is a one-time cost? (a) sugar (b) a cooler box (c) seeds and soil (d) tea leaves and milk
  13. 13.Arjun has a budget of ₹800. The stock costs ₹190 and the stall fee is ₹600. Is the budget enough? (a) Yes (b) No
  14. 14.Meera’s stall budget is ₹600. Paper cups cost ₹280, lemons cost ₹240 and a banner cost ₹70. How many rupees of the budget are left?
  15. 15.Nisha has a budget of ₹400. The stock costs ₹130 and the stall fee is ₹260. Is the budget enough? (a) Yes (b) No
  16. 16.True or false: “sugar” is a one-time cost. (a) False (b) True
  17. 17.Aarav’s stall budget is ₹540. Pots cost ₹190, seeds cost ₹60 and card paper cost ₹80. How many rupees of the budget are left?
  18. 18.Tara’s stall budget is ₹830. Paper cups cost ₹290, a price board cost ₹300 and pots cost ₹100. How many rupees of the budget are left?
  19. 19.True or false: “a cloth banner” is a one-time cost. (a) False (b) True
  20. 20.Tara’s stall budget is ₹440. A banner cost ₹220, lemons cost ₹40 and napkins cost ₹80. How many rupees of the budget are left?
  21. 21.📒 One-time cost or running cost: a cooler box? (a) a one-time cost (b) a running cost
  22. 22.Ananya has a budget of ₹300. The stock costs ₹120 and the stall fee is ₹220. Is the budget enough? (a) No (b) Yes
  23. 23.Gurpreet has a budget of ₹900. The stock costs ₹230 and the stall fee is ₹690. Is the budget enough? (a) No (b) Yes
  24. 24.True or false: “lemons” is a running cost. (a) True (b) False
  25. 25.Tara plans to make 34 painted pebbles. Each needs ₹6 of materials, and a banner costs ₹160 once. What total budget is needed (in ₹)?
  26. 26.True or false: “paper cups” is a running cost. (a) False (b) True
  27. 27.Which of these is a running cost? (a) card paper (b) a juicer (c) a folding table (d) a cloth banner
  28. 28.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
  29. 29.Lakshmi has a budget of ₹1000. The stock costs ₹50 and the stall fee is ₹910. Is the budget enough? (a) No (b) Yes
  30. 30.📒 One-time cost or running cost: ice? (a) a running cost (b) a one-time cost
  31. 31.🔍 Which is the odd one out? (a) card paper (b) seeds and soil (c) tea leaves and milk (d) a price board
  32. 32.Farhan has a budget of ₹400. The stock costs ₹90 and the stall fee is ₹340. Is the budget enough? (a) Yes (b) No
  33. 33.Which of these is a one-time cost? (a) paper cups (b) a cloth banner (c) lemons (d) card paper
  34. 34.True or false: “ice” is a one-time cost. (a) True (b) False
  35. 35.Vihaan’s stall budget is ₹190. A price board cost ₹20, lemons cost ₹40 and napkins cost ₹40. How many rupees of the budget are left?
  36. 36.Ananya has a budget of ₹300. The stock costs ₹70 and the stall fee is ₹270. Is the budget enough? (a) No (b) Yes
  37. 37.🔍 Which is the odd one out? (a) a price board (b) a cash box (c) paper cups (d) a juicer
  38. 38.📒 One-time cost or running cost: card paper? (a) a running cost (b) a one-time cost
  39. 39.📒 One-time cost or running cost: seeds and soil? (a) a running cost (b) a one-time cost
  40. 40.📒 One-time cost or running cost: lemons? (a) a one-time cost (b) a running cost

Answer key

  1. a running cost
  2. a cloth banner
  3. False
  4. No
  5. a price board
  6. sugar
  7. a one-time cost
  8. No
  9. 220
  10. ice
  11. a folding table
  12. a cooler box
  13. Yes
  14. 10
  15. Yes
  16. False
  17. 210
  18. 140
  19. True
  20. 100
  21. a one-time cost
  22. No
  23. No
  24. True
  25. 364
  26. True
  27. card paper
  28. a one-time cost
  29. Yes
  30. a running cost
  31. a price board
  32. No
  33. a cloth banner
  34. False
  35. 90
  36. No
  37. paper cups
  38. a running cost
  39. a running cost
  40. a running cost

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