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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 44 · 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 is the odd one out? (a) a folding table (b) a cloth banner (c) a juicer (d) paper cups
  2. 2.Which of these is a one-time cost? (a) a cooler box (b) seeds and soil (c) tea leaves and milk (d) card paper
  3. 3.Which of these is a one-time cost? (a) seeds and soil (b) sugar (c) a folding table (d) card paper
  4. 4.Aarav has a budget of ₹1000. The stock costs ₹80 and the stall fee is ₹880. Is the budget enough? (a) Yes (b) No
  5. 5.🔍 Which is the odd one out? (a) tea leaves and milk (b) ice (c) sugar (d) a cash box
  6. 6.True or false: “seeds and soil” is a running cost. (a) True (b) False
  7. 7.Saanvi has ₹370 to spend on packets of seeds. One packet of seeds costs ₹12. What is the greatest number of packets of seeds Saanvi can buy?
  8. 8.True or false: “sugar” is a one-time cost. (a) False (b) True
  9. 9.📒 One-time cost or running cost: seeds and soil? (a) a running cost (b) a one-time cost
  10. 10.True or false: “ice” is a one-time cost. (a) True (b) False
  11. 11.Diya has a budget of ₹400. The stock costs ₹70 and the stall fee is ₹340. Is the budget enough? (a) Yes (b) No
  12. 12.🔍 Which is the odd one out? (a) a cooler box (b) a cloth banner (c) seeds and soil (d) a juicer
  13. 13.Saanvi’s stall budget is ₹680. Lemons cost ₹20, card paper cost ₹180 and a price board cost ₹200. How many rupees of the budget are left?
  14. 14.Which of these is a running cost? (a) a juicer (b) paper cups (c) a cash box (d) a cooler box
  15. 15.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  16. 16.Which of these is a running cost? (a) a cloth banner (b) a price board (c) ice (d) a cooler box
  17. 17.Ishaan’s stall budget is ₹810. A banner cost ₹290, seeds cost ₹220 and pots cost ₹200. How many rupees of the budget are left?
  18. 18.🔍 Which is the odd one out? (a) a price board (b) a cooler box (c) card paper (d) a cash box
  19. 19.True or false: “card paper” is a running cost. (a) False (b) True
  20. 20.🔍 Which is the odd one out? (a) a cooler box (b) a folding table (c) a cash box (d) lemons
  21. 21.📒 One-time cost or running cost: card paper? (a) a one-time cost (b) a running cost
  22. 22.True or false: “a cooler box” is a running cost. (a) False (b) True
  23. 23.True or false: “a cloth banner” is a one-time cost. (a) True (b) False
  24. 24.📒 One-time cost or running cost: ice? (a) a running cost (b) a one-time cost
  25. 25.True or false: “a cash box” is a running cost. (a) True (b) False
  26. 26.True or false: “sugar” is a running cost. (a) False (b) True
  27. 27.🔍 Which is the odd one out? (a) a cloth banner (b) a cash box (c) tea leaves and milk (d) a juicer
  28. 28.Aarav has ₹150 to spend on packs of cups. One pack of cups costs ₹12. What is the greatest number of packs of cups Aarav can buy?
  29. 29.Riya has a budget of ₹1000. The stock costs ₹250 and the stall fee is ₹710. Is the budget enough? (a) Yes (b) No
  30. 30.Kavya’s stall budget is ₹530. A banner cost ₹280, card paper cost ₹30 and napkins cost ₹210. How many rupees of the budget are left?
  31. 31.🔍 Which is the odd one out? (a) ice (b) seeds and soil (c) sugar (d) a folding table
  32. 32.Gurpreet plans to make 23 paper bookmarks. Each needs ₹8 of materials, and a banner costs ₹240 once. What total budget is needed (in ₹)?
  33. 33.🔍 Which is the odd one out? (a) a cash box (b) a folding table (c) a cloth banner (d) ice
  34. 34.Kabir plans to make 44 clay diyas. Each needs ₹10 of materials, and a banner costs ₹110 once. What total budget is needed (in ₹)?
  35. 35.Joseph’s stall budget is ₹680. Card paper cost ₹90, seeds cost ₹250 and pots cost ₹260. How many rupees of the budget are left?
  36. 36.Aarav has a budget of ₹600. The stock costs ₹130 and the stall fee is ₹460. Is the budget enough? (a) Yes (b) No
  37. 37.Which of these is a one-time cost? (a) seeds and soil (b) sugar (c) a price board (d) card paper
  38. 38.Joseph has a budget of ₹500. The stock costs ₹190 and the stall fee is ₹340. Is the budget enough? (a) Yes (b) No
  39. 39.📒 One-time cost or running cost: lemons? (a) a running cost (b) a one-time cost
  40. 40.Saanvi’s stall budget is ₹600. Card paper cost ₹130, seeds cost ₹200 and paper cups cost ₹200. How many rupees of the budget are left?

Answer key

  1. paper cups
  2. a cooler box
  3. a folding table
  4. Yes
  5. a cash box
  6. True
  7. 30
  8. False
  9. a running cost
  10. False
  11. No
  12. seeds and soil
  13. 280
  14. paper cups
  15. a one-time cost
  16. ice
  17. 100
  18. card paper
  19. True
  20. lemons
  21. a running cost
  22. False
  23. True
  24. a running cost
  25. False
  26. True
  27. tea leaves and milk
  28. 12
  29. Yes
  30. 10
  31. a folding table
  32. 424
  33. ice
  34. 550
  35. 80
  36. Yes
  37. a price board
  38. No
  39. a running cost
  40. 70

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