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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 384 · 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 juicer” is a one-time cost. (a) False (b) True
  2. 2.🔍 Which is the odd one out? (a) seeds and soil (b) paper cups (c) ice (d) a cloth banner
  3. 3.True or false: “a folding table” is a running cost. (a) False (b) True
  4. 4.Ishaan has a budget of ₹400. The stock costs ₹150 and the stall fee is ₹200. Is the budget enough? (a) No (b) Yes
  5. 5.True or false: “seeds and soil” is a one-time cost. (a) True (b) False
  6. 6.Riya has ₹340 to spend on sheets of card paper. One sheet of card paper costs ₹10. What is the greatest number of sheets of card paper Riya can buy?
  7. 7.Which of these is a one-time cost? (a) lemons (b) a cooler box (c) paper cups (d) ice
  8. 8.Which of these is a running cost? (a) a cooler box (b) a folding table (c) paper cups (d) a cloth banner
  9. 9.Aarav has a budget of ₹500. The stock costs ₹80 and the stall fee is ₹400. Is the budget enough? (a) No (b) Yes
  10. 10.True or false: “a folding table” is a one-time cost. (a) False (b) True
  11. 11.Kabir plans to make 38 glasses of chai. Each needs ₹2 of materials, and a banner costs ₹250 once. What total budget is needed (in ₹)?
  12. 12.Aarav’s stall budget is ₹360. Lemons cost ₹70, paper cups cost ₹70 and sugar cost ₹70. How many rupees of the budget are left?
  13. 13.Arjun plans to make 28 bags of popcorn. Each needs ₹8 of materials, and a banner costs ₹120 once. What total budget is needed (in ₹)?
  14. 14.🔍 Which is the odd one out? (a) paper cups (b) a cash box (c) a cooler box (d) a cloth banner
  15. 15.Farhan has ₹180 to spend on packets of seeds. One packet of seeds costs ₹10. What is the greatest number of packets of seeds Farhan can buy?
  16. 16.Joseph has ₹360 to spend on packets of seeds. One packet of seeds costs ₹4. What is the greatest number of packets of seeds Joseph can buy?
  17. 17.Saanvi plans to make 17 painted pebbles. Each needs ₹10 of materials, and a banner costs ₹210 once. What total budget is needed (in ₹)?
  18. 18.Meera has a budget of ₹500. The stock costs ₹240 and the stall fee is ₹290. Is the budget enough? (a) Yes (b) No
  19. 19.📒 One-time cost or running cost: a cloth banner? (a) a one-time cost (b) a running cost
  20. 20.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
  21. 21.True or false: “sugar” is a one-time cost. (a) False (b) True
  22. 22.Which of these is a one-time cost? (a) paper cups (b) card paper (c) tea leaves and milk (d) a cash box
  23. 23.🔍 Which is the odd one out? (a) a cooler box (b) a cash box (c) card paper (d) a cloth banner
  24. 24.Dev has a budget of ₹600. The stock costs ₹190 and the stall fee is ₹380. Is the budget enough? (a) No (b) Yes
  25. 25.🔍 Which is the odd one out? (a) paper cups (b) a folding table (c) lemons (d) sugar
  26. 26.True or false: “a juicer” is a running cost. (a) False (b) True
  27. 27.Gurpreet’s stall budget is ₹450. A banner cost ₹150, seeds cost ₹100 and lemons cost ₹160. How many rupees of the budget are left?
  28. 28.Which of these is a running cost? (a) a cooler box (b) sugar (c) a folding table (d) a cash box
  29. 29.Farhan has a budget of ₹700. The stock costs ₹240 and the stall fee is ₹480. Is the budget enough? (a) Yes (b) No
  30. 30.📒 One-time cost or running cost: ice? (a) a one-time cost (b) a running cost
  31. 31.Tara has ₹80 to spend on lemons. One lemon costs ₹15. What is the greatest number of lemons Tara can buy?
  32. 32.🔍 Which is the odd one out? (a) a price board (b) a cooler box (c) a cloth banner (d) sugar
  33. 33.Ishaan’s stall budget is ₹670. Pots cost ₹150, a banner cost ₹260 and ribbon cost ₹110. How many rupees of the budget are left?
  34. 34.🔍 Which is the odd one out? (a) a folding table (b) a juicer (c) a cooler box (d) tea leaves and milk
  35. 35.True or false: “paper cups” is a one-time cost. (a) False (b) True
  36. 36.Diya has ₹440 to spend on packets of seeds. One packet of seeds costs ₹15. What is the greatest number of packets of seeds Diya can buy?
  37. 37.Gurpreet’s stall budget is ₹620. Seeds cost ₹260, a banner cost ₹150 and paper cups cost ₹130. How many rupees of the budget are left?
  38. 38.Farhan’s stall budget is ₹920. Seeds cost ₹280, a banner cost ₹200 and paper cups cost ₹220. How many rupees of the budget are left?
  39. 39.Tara’s stall budget is ₹610. Pots cost ₹50, ribbon cost ₹260 and lemons cost ₹240. How many rupees of the budget are left?
  40. 40.Meera has a budget of ₹800. The stock costs ₹270 and the stall fee is ₹540. Is the budget enough? (a) Yes (b) No

Answer key

  1. True
  2. a cloth banner
  3. False
  4. Yes
  5. False
  6. 34
  7. a cooler box
  8. paper cups
  9. Yes
  10. True
  11. 326
  12. 150
  13. 344
  14. paper cups
  15. 18
  16. 90
  17. 380
  18. No
  19. a one-time cost
  20. a running cost
  21. False
  22. a cash box
  23. card paper
  24. Yes
  25. a folding table
  26. False
  27. 40
  28. sugar
  29. No
  30. a running cost
  31. 5
  32. sugar
  33. 150
  34. tea leaves and milk
  35. False
  36. 29
  37. 80
  38. 220
  39. 60
  40. No

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