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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 429 · 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: seeds and soil? (a) a running cost (b) a one-time cost
  2. 2.Which of these is a running cost? (a) a juicer (b) a cooler box (c) lemons (d) a cash box
  3. 3.Joseph has a budget of ₹900. The stock costs ₹220 and the stall fee is ₹630. Is the budget enough? (a) Yes (b) No
  4. 4.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
  5. 5.Which of these is a one-time cost? (a) a cash box (b) card paper (c) lemons (d) seeds and soil
  6. 6.True or false: “sugar” is a one-time cost. (a) False (b) True
  7. 7.Riya has ₹120 to spend on sheets of card paper. One sheet of card paper costs ₹12. What is the greatest number of sheets of card paper Riya can buy?
  8. 8.Which of these is a running cost? (a) a juicer (b) a cooler box (c) tea leaves and milk (d) a folding table
  9. 9.True or false: “a cash box” is a one-time cost. (a) True (b) False
  10. 10.Tara has a budget of ₹300. The stock costs ₹130 and the stall fee is ₹190. Is the budget enough? (a) Yes (b) No
  11. 11.Which of these is a running cost? (a) sugar (b) a cash box (c) a price board (d) a cloth banner
  12. 12.🔍 Which is the odd one out? (a) a cooler box (b) a juicer (c) a cloth banner (d) ice
  13. 13.True or false: “a juicer” is a running cost. (a) True (b) False
  14. 14.Kabir has a budget of ₹400. The stock costs ₹50 and the stall fee is ₹320. Is the budget enough? (a) No (b) Yes
  15. 15.🔍 Which is the odd one out? (a) a price board (b) tea leaves and milk (c) a folding table (d) a cash box
  16. 16.Kabir’s stall budget is ₹190. A price board cost ₹30, card paper cost ₹90 and a banner cost ₹30. How many rupees of the budget are left?
  17. 17.🔍 Which is the odd one out? (a) a cooler box (b) card paper (c) sugar (d) paper cups
  18. 18.🔍 Which is the odd one out? (a) a folding table (b) a price board (c) a cooler box (d) sugar
  19. 19.Aarav has a budget of ₹300. The stock costs ₹100 and the stall fee is ₹210. Is the budget enough? (a) No (b) Yes
  20. 20.Ananya has a budget of ₹300. The stock costs ₹80 and the stall fee is ₹260. Is the budget enough? (a) No (b) Yes
  21. 21.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost
  22. 22.Saanvi’s stall budget is ₹680. A banner cost ₹230, pots cost ₹280 and card paper cost ₹40. How many rupees of the budget are left?
  23. 23.True or false: “ice” is a one-time cost. (a) True (b) False
  24. 24.Riya’s stall budget is ₹340. Pots cost ₹30, paper cups cost ₹270 and ribbon cost ₹20. How many rupees of the budget are left?
  25. 25.Lakshmi has ₹470 to spend on lemons. One lemon costs ₹4. What is the greatest number of lemons Lakshmi can buy?
  26. 26.🔍 Which is the odd one out? (a) tea leaves and milk (b) paper cups (c) sugar (d) a price board
  27. 27.Kavya has a budget of ₹600. The stock costs ₹250 and the stall fee is ₹400. Is the budget enough? (a) No (b) Yes
  28. 28.Lakshmi plans to make 45 clay diyas. Each needs ₹6 of materials, and a banner costs ₹60 once. What total budget is needed (in ₹)?
  29. 29.Diya has ₹260 to spend on lemons. One lemon costs ₹12. What is the greatest number of lemons Diya can buy?
  30. 30.Aarav has ₹150 to spend on packets of seeds. One packet of seeds costs ₹10. What is the greatest number of packets of seeds Aarav can buy?
  31. 31.📒 One-time cost or running cost: a cloth banner? (a) a one-time cost (b) a running cost
  32. 32.Which of these is a one-time cost? (a) a folding table (b) paper cups (c) tea leaves and milk (d) sugar
  33. 33.Zoya’s stall budget is ₹750. Ribbon cost ₹130, paper cups cost ₹100 and a price board cost ₹260. How many rupees of the budget are left?
  34. 34.Lakshmi’s stall budget is ₹540. Ribbon cost ₹40, a banner cost ₹280 and napkins cost ₹210. How many rupees of the budget are left?
  35. 35.Kavya’s stall budget is ₹550. Napkins cost ₹160, pots cost ₹170 and lemons cost ₹40. How many rupees of the budget are left?
  36. 36.Joseph’s stall budget is ₹600. Paper cups cost ₹100, sugar cost ₹180 and a banner cost ₹140. How many rupees of the budget are left?
  37. 37.🔍 Which is the odd one out? (a) a price board (b) a juicer (c) seeds and soil (d) a cloth banner
  38. 38.True or false: “seeds and soil” is a one-time cost. (a) True (b) False
  39. 39.True or false: “a folding table” is a one-time cost. (a) True (b) False
  40. 40.Which of these is a running cost? (a) a folding table (b) seeds and soil (c) a cooler box (d) a cloth banner

Answer key

  1. a running cost
  2. lemons
  3. Yes
  4. a running cost
  5. a cash box
  6. False
  7. 10
  8. tea leaves and milk
  9. True
  10. No
  11. sugar
  12. ice
  13. False
  14. Yes
  15. tea leaves and milk
  16. 40
  17. a cooler box
  18. sugar
  19. No
  20. No
  21. a one-time cost
  22. 130
  23. False
  24. 20
  25. 117
  26. a price board
  27. No
  28. 330
  29. 21
  30. 15
  31. a one-time cost
  32. a folding table
  33. 260
  34. 10
  35. 180
  36. 180
  37. seeds and soil
  38. False
  39. True
  40. seeds and soil

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