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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 447 · 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 price board (b) tea leaves and milk (c) a cash box (d) a juicer
  2. 2.Farhan has a budget of ₹400. The stock costs ₹150 and the stall fee is ₹230. Is the budget enough? (a) No (b) Yes
  3. 3.📒 One-time cost or running cost: seeds and soil? (a) a one-time cost (b) a running cost
  4. 4.📒 One-time cost or running cost: ice? (a) a one-time cost (b) a running cost
  5. 5.Joseph’s stall budget is ₹570. Lemons cost ₹180, ribbon cost ₹80 and pots cost ₹250. How many rupees of the budget are left?
  6. 6.📒 One-time cost or running cost: a cash box? (a) a one-time cost (b) a running cost
  7. 7.📒 One-time cost or running cost: card paper? (a) a running cost (b) a one-time cost
  8. 8.Which of these is a running cost? (a) lemons (b) a folding table (c) a cash box (d) a cooler box
  9. 9.True or false: “a cloth banner” is a one-time cost. (a) True (b) False
  10. 10.Ishaan plans to make 26 clay diyas. Each needs ₹2 of materials, and a banner costs ₹200 once. What total budget is needed (in ₹)?
  11. 11.🔍 Which is the odd one out? (a) ice (b) a folding table (c) sugar (d) lemons
  12. 12.🔍 Which is the odd one out? (a) a price board (b) a folding table (c) ice (d) a juicer
  13. 13.Riya has a budget of ₹700. The stock costs ₹180 and the stall fee is ₹540. Is the budget enough? (a) Yes (b) No
  14. 14.🔍 Which is the odd one out? (a) a juicer (b) a folding table (c) a cooler box (d) seeds and soil
  15. 15.Which of these is a running cost? (a) card paper (b) a cloth banner (c) a cash box (d) a juicer
  16. 16.Joseph has ₹220 to spend on lemons. One lemon costs ₹20. What is the greatest number of lemons Joseph can buy?
  17. 17.Dev’s stall budget is ₹590. Seeds cost ₹200, card paper cost ₹200 and ribbon cost ₹110. How many rupees of the budget are left?
  18. 18.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
  19. 19.Nisha has a budget of ₹500. The stock costs ₹90 and the stall fee is ₹370. Is the budget enough? (a) No (b) Yes
  20. 20.True or false: “tea leaves and milk” is a running cost. (a) True (b) False
  21. 21.Kabir has a budget of ₹700. The stock costs ₹60 and the stall fee is ₹590. Is the budget enough? (a) Yes (b) No
  22. 22.Kabir plans to make 36 clay diyas. Each needs ₹3 of materials, and a banner costs ₹170 once. What total budget is needed (in ₹)?
  23. 23.Ananya has a budget of ₹300. The stock costs ₹100 and the stall fee is ₹240. Is the budget enough? (a) No (b) Yes
  24. 24.Which of these is a one-time cost? (a) a folding table (b) seeds and soil (c) ice (d) card paper
  25. 25.Which of these is a running cost? (a) paper cups (b) a cloth banner (c) a juicer (d) a cooler box
  26. 26.🔍 Which is the odd one out? (a) lemons (b) a price board (c) card paper (d) tea leaves and milk
  27. 27.True or false: “a cash box” is a running cost. (a) True (b) False
  28. 28.True or false: “tea leaves and milk” is a one-time cost. (a) False (b) True
  29. 29.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost
  30. 30.True or false: “a price board” is a one-time cost. (a) True (b) False
  31. 31.Rohan plans to make 45 potted plants. Each needs ₹4 of materials, and a banner costs ₹60 once. What total budget is needed (in ₹)?
  32. 32.Which of these is a running cost? (a) a cash box (b) a cloth banner (c) sugar (d) a juicer
  33. 33.True or false: “lemons” is a one-time cost. (a) False (b) True
  34. 34.Ishaan has ₹480 to spend on packets of seeds. One packet of seeds costs ₹15. What is the greatest number of packets of seeds Ishaan can buy?
  35. 35.Aarav plans to make 33 fruit cups. Each needs ₹3 of materials, and a banner costs ₹230 once. What total budget is needed (in ₹)?
  36. 36.Which of these is a running cost? (a) a cooler box (b) ice (c) a price board (d) a cash box
  37. 37.Ishaan has ₹500 to spend on packets of seeds. One packet of seeds costs ₹20. What is the greatest number of packets of seeds Ishaan can buy?
  38. 38.📒 One-time cost or running cost: a cloth banner? (a) a one-time cost (b) a running cost
  39. 39.Dev has a budget of ₹600. The stock costs ₹290 and the stall fee is ₹260. Is the budget enough? (a) Yes (b) No
  40. 40.Riya’s stall budget is ₹610. A banner cost ₹40, paper cups cost ₹100 and lemons cost ₹210. How many rupees of the budget are left?

Answer key

  1. tea leaves and milk
  2. Yes
  3. a running cost
  4. a running cost
  5. 60
  6. a one-time cost
  7. a running cost
  8. lemons
  9. True
  10. 252
  11. a folding table
  12. ice
  13. No
  14. seeds and soil
  15. card paper
  16. 11
  17. 80
  18. a one-time cost
  19. Yes
  20. True
  21. Yes
  22. 278
  23. No
  24. a folding table
  25. paper cups
  26. a price board
  27. False
  28. False
  29. a one-time cost
  30. True
  31. 240
  32. sugar
  33. False
  34. 32
  35. 329
  36. ice
  37. 25
  38. a one-time cost
  39. Yes
  40. 260

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