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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 420 · 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) sugar (b) paper cups (c) a folding table (d) seeds and soil
  2. 2.Farhan’s stall budget is ₹610. A price board cost ₹20, sugar cost ₹220 and seeds cost ₹70. How many rupees of the budget are left?
  3. 3.Which of these is a running cost? (a) ice (b) a folding table (c) a cloth banner (d) a price board
  4. 4.Which of these is a running cost? (a) a cloth banner (b) tea leaves and milk (c) a juicer (d) a folding table
  5. 5.Arjun has a budget of ₹300. The stock costs ₹50 and the stall fee is ₹280. Is the budget enough? (a) Yes (b) No
  6. 6.Which of these is a one-time cost? (a) a cooler box (b) sugar (c) paper cups (d) seeds and soil
  7. 7.True or false: “seeds and soil” is a running cost. (a) True (b) False
  8. 8.Which of these is a running cost? (a) paper cups (b) a cash box (c) a price board (d) a folding table
  9. 9.Vihaan has ₹130 to spend on lemons. One lemon costs ₹6. What is the greatest number of lemons Vihaan can buy?
  10. 10.Tara has ₹90 to spend on packets of seeds. One packet of seeds costs ₹6. What is the greatest number of packets of seeds Tara can buy?
  11. 11.Arjun has a budget of ₹1000. The stock costs ₹480 and the stall fee is ₹540. Is the budget enough? (a) Yes (b) No
  12. 12.Gurpreet’s stall budget is ₹890. Lemons cost ₹260, seeds cost ₹60 and a banner cost ₹280. How many rupees of the budget are left?
  13. 13.🔍 Which is the odd one out? (a) a cloth banner (b) a juicer (c) a cooler box (d) ice
  14. 14.Which of these is a one-time cost? (a) lemons (b) ice (c) a price board (d) sugar
  15. 15.📒 One-time cost or running cost: a cloth banner? (a) a one-time cost (b) a running cost
  16. 16.Saanvi has a budget of ₹800. The stock costs ₹180 and the stall fee is ₹590. Is the budget enough? (a) Yes (b) No
  17. 17.Lakshmi has ₹180 to spend on lemons. One lemon costs ₹15. What is the greatest number of lemons Lakshmi can buy?
  18. 18.📒 One-time cost or running cost: seeds and soil? (a) a one-time cost (b) a running cost
  19. 19.Meera has ₹220 to spend on packets of seeds. One packet of seeds costs ₹6. What is the greatest number of packets of seeds Meera can buy?
  20. 20.🔍 Which is the odd one out? (a) card paper (b) ice (c) lemons (d) a cloth banner
  21. 21.Tara’s stall budget is ₹540. Sugar cost ₹70, paper cups cost ₹170 and a price board cost ₹70. How many rupees of the budget are left?
  22. 22.True or false: “seeds and soil” is a one-time cost. (a) True (b) False
  23. 23.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost
  24. 24.Vihaan has a budget of ₹400. The stock costs ₹90 and the stall fee is ₹350. Is the budget enough? (a) Yes (b) No
  25. 25.🔍 Which is the odd one out? (a) sugar (b) a folding table (c) a cooler box (d) a cloth banner
  26. 26.🔍 Which is the odd one out? (a) a juicer (b) tea leaves and milk (c) a cloth banner (d) a folding table
  27. 27.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost
  28. 28.Arjun’s stall budget is ₹700. Card paper cost ₹80, pots cost ₹270 and sugar cost ₹80. How many rupees of the budget are left?
  29. 29.Riya’s stall budget is ₹920. Ribbon cost ₹270, napkins cost ₹280 and a banner cost ₹290. How many rupees of the budget are left?
  30. 30.Zoya has a budget of ₹300. The stock costs ₹80 and the stall fee is ₹210. Is the budget enough? (a) No (b) Yes
  31. 31.True or false: “a cloth banner” is a running cost. (a) True (b) False
  32. 32.Aarav plans to make 21 jute bags. Each needs ₹10 of materials, and a banner costs ₹60 once. What total budget is needed (in ₹)?
  33. 33.📒 One-time cost or running cost: a cash box? (a) a one-time cost (b) a running cost
  34. 34.🔍 Which is the odd one out? (a) ice (b) lemons (c) tea leaves and milk (d) a cooler box
  35. 35.Nisha has a budget of ₹700. The stock costs ₹120 and the stall fee is ₹540. Is the budget enough? (a) No (b) Yes
  36. 36.True or false: “ice” is a one-time cost. (a) True (b) False
  37. 37.True or false: “a juicer” is a one-time cost. (a) True (b) False
  38. 38.True or false: “a folding table” is a running cost. (a) True (b) False
  39. 39.🔍 Which is the odd one out? (a) a cash box (b) lemons (c) a folding table (d) a cloth banner
  40. 40.Kavya’s stall budget is ₹750. Pots cost ₹230, paper cups cost ₹80 and a banner cost ₹290. How many rupees of the budget are left?

Answer key

  1. a folding table
  2. 300
  3. ice
  4. tea leaves and milk
  5. No
  6. a cooler box
  7. True
  8. paper cups
  9. 21
  10. 15
  11. No
  12. 290
  13. ice
  14. a price board
  15. a one-time cost
  16. Yes
  17. 12
  18. a running cost
  19. 36
  20. a cloth banner
  21. 230
  22. False
  23. a one-time cost
  24. No
  25. sugar
  26. tea leaves and milk
  27. a one-time cost
  28. 270
  29. 80
  30. Yes
  31. False
  32. 270
  33. a one-time cost
  34. a cooler box
  35. Yes
  36. False
  37. True
  38. False
  39. lemons
  40. 150

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