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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 409 · 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.Which of these is a one-time cost? (a) a cloth banner (b) card paper (c) paper cups (d) lemons
  2. 2.True or false: “seeds and soil” is a one-time cost. (a) True (b) False
  3. 3.Which of these is a running cost? (a) a cash box (b) card paper (c) a juicer (d) a cloth banner
  4. 4.Kavya has a budget of ₹300. The stock costs ₹70 and the stall fee is ₹180. Is the budget enough? (a) Yes (b) No
  5. 5.🔍 Which is the odd one out? (a) ice (b) sugar (c) tea leaves and milk (d) a price board
  6. 6.Saanvi has ₹490 to spend on sheets of card paper. One sheet of card paper costs ₹12. What is the greatest number of sheets of card paper Saanvi can buy?
  7. 7.Saanvi has a budget of ₹600. The stock costs ₹190 and the stall fee is ₹420. Is the budget enough? (a) No (b) Yes
  8. 8.Which of these is a running cost? (a) a cloth banner (b) ice (c) a price board (d) a cash box
  9. 9.True or false: “a juicer” is a one-time cost. (a) True (b) False
  10. 10.Joseph has ₹420 to spend on sheets of card paper. One sheet of card paper costs ₹15. What is the greatest number of sheets of card paper Joseph can buy?
  11. 11.Aarav has a budget of ₹600. The stock costs ₹60 and the stall fee is ₹590. Is the budget enough? (a) Yes (b) No
  12. 12.True or false: “card paper” is a running cost. (a) True (b) False
  13. 13.🔍 Which is the odd one out? (a) card paper (b) ice (c) a cash box (d) lemons
  14. 14.📒 One-time cost or running cost: paper cups? (a) a one-time cost (b) a running cost
  15. 15.Kabir has a budget of ₹500. The stock costs ₹150 and the stall fee is ₹380. Is the budget enough? (a) Yes (b) No
  16. 16.Zoya has ₹200 to spend on sheets of card paper. One sheet of card paper costs ₹4. What is the greatest number of sheets of card paper Zoya can buy?
  17. 17.🔍 Which is the odd one out? (a) a cooler box (b) ice (c) a folding table (d) a cloth banner
  18. 18.Arjun’s stall budget is ₹760. A price board cost ₹30, card paper cost ₹220 and lemons cost ₹220. How many rupees of the budget are left?
  19. 19.📒 One-time cost or running cost: sugar? (a) a running cost (b) a one-time cost
  20. 20.🔍 Which is the odd one out? (a) a folding table (b) a cloth banner (c) a juicer (d) lemons
  21. 21.Which of these is a one-time cost? (a) paper cups (b) seeds and soil (c) a juicer (d) lemons
  22. 22.Meera has a budget of ₹500. The stock costs ₹150 and the stall fee is ₹310. Is the budget enough? (a) Yes (b) No
  23. 23.Rohan has ₹260 to spend on packs of cups. One pack of cups costs ₹6. What is the greatest number of packs of cups Rohan can buy?
  24. 24.🔍 Which is the odd one out? (a) ice (b) paper cups (c) tea leaves and milk (d) a cooler box
  25. 25.🔍 Which is the odd one out? (a) a price board (b) card paper (c) a juicer (d) a cooler box
  26. 26.🔍 Which is the odd one out? (a) paper cups (b) a folding table (c) a cloth banner (d) a price board
  27. 27.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost
  28. 28.Vihaan has a budget of ₹800. The stock costs ₹380 and the stall fee is ₹460. Is the budget enough? (a) No (b) Yes
  29. 29.Lakshmi plans to make 36 fruit cups. Each needs ₹2 of materials, and a banner costs ₹110 once. What total budget is needed (in ₹)?
  30. 30.True or false: “a folding table” is a running cost. (a) True (b) False
  31. 31.📒 One-time cost or running cost: tea leaves and milk? (a) a running cost (b) a one-time cost
  32. 32.Which of these is a one-time cost? (a) sugar (b) tea leaves and milk (c) a cooler box (d) lemons
  33. 33.🔍 Which is the odd one out? (a) sugar (b) a cooler box (c) a juicer (d) a cloth banner
  34. 34.Ananya has ₹70 to spend on packs of cups. One pack of cups costs ₹4. What is the greatest number of packs of cups Ananya can buy?
  35. 35.Which of these is a running cost? (a) a cash box (b) a cooler box (c) a folding table (d) lemons
  36. 36.Vihaan’s stall budget is ₹340. Napkins cost ₹90, card paper cost ₹50 and seeds cost ₹130. How many rupees of the budget are left?
  37. 37.Which of these is a one-time cost? (a) lemons (b) a price board (c) card paper (d) tea leaves and milk
  38. 38.🔍 Which is the odd one out? (a) ice (b) card paper (c) a cloth banner (d) tea leaves and milk
  39. 39.Gurpreet has a budget of ₹500. The stock costs ₹130 and the stall fee is ₹420. Is the budget enough? (a) Yes (b) No
  40. 40.True or false: “a cash box” is a running cost. (a) True (b) False

Answer key

  1. a cloth banner
  2. False
  3. card paper
  4. Yes
  5. a price board
  6. 40
  7. No
  8. ice
  9. True
  10. 28
  11. No
  12. True
  13. a cash box
  14. a running cost
  15. No
  16. 50
  17. ice
  18. 290
  19. a running cost
  20. lemons
  21. a juicer
  22. Yes
  23. 43
  24. a cooler box
  25. card paper
  26. paper cups
  27. a one-time cost
  28. No
  29. 182
  30. False
  31. a running cost
  32. a cooler box
  33. sugar
  34. 17
  35. lemons
  36. 70
  37. a price board
  38. a cloth banner
  39. No
  40. False

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