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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 456 · 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) ice (b) a cloth banner (c) a cash box (d) a price board
  2. 2.📒 One-time cost or running cost: paper cups? (a) a one-time cost (b) a running cost
  3. 3.🔍 Which is the odd one out? (a) a cloth banner (b) a juicer (c) a folding table (d) seeds and soil
  4. 4.Which of these is a one-time cost? (a) paper cups (b) sugar (c) lemons (d) a juicer
  5. 5.True or false: “sugar” is a one-time cost. (a) True (b) False
  6. 6.Kavya has ₹370 to spend on packs of cups. One pack of cups costs ₹10. What is the greatest number of packs of cups Kavya can buy?
  7. 7.Meera’s stall budget is ₹750. A price board cost ₹170, napkins cost ₹240 and pots cost ₹80. How many rupees of the budget are left?
  8. 8.Which of these is a running cost? (a) a cooler box (b) a cash box (c) ice (d) a juicer
  9. 9.Ananya plans to make 25 paper bookmarks. Each needs ₹9 of materials, and a banner costs ₹210 once. What total budget is needed (in ₹)?
  10. 10.🔍 Which is the odd one out? (a) tea leaves and milk (b) lemons (c) seeds and soil (d) a cash box
  11. 11.Which of these is a one-time cost? (a) lemons (b) a folding table (c) seeds and soil (d) ice
  12. 12.🔍 Which is the odd one out? (a) a cash box (b) lemons (c) a cooler box (d) a juicer
  13. 13.Ishaan has a budget of ₹600. The stock costs ₹200 and the stall fee is ₹400. Is the budget enough? (a) No (b) Yes
  14. 14.Which of these is a one-time cost? (a) sugar (b) a cash box (c) tea leaves and milk (d) lemons
  15. 15.🔍 Which is the odd one out? (a) tea leaves and milk (b) lemons (c) sugar (d) a folding table
  16. 16.🔍 Which is the odd one out? (a) card paper (b) sugar (c) a cooler box (d) paper cups
  17. 17.Farhan plans to make 23 fruit cups. Each needs ₹7 of materials, and a banner costs ₹280 once. What total budget is needed (in ₹)?
  18. 18.Which of these is a one-time cost? (a) tea leaves and milk (b) paper cups (c) a price board (d) seeds and soil
  19. 19.Gurpreet’s stall budget is ₹530. Sugar cost ₹100, card paper cost ₹70 and pots cost ₹150. How many rupees of the budget are left?
  20. 20.Farhan has a budget of ₹700. The stock costs ₹150 and the stall fee is ₹520. Is the budget enough? (a) No (b) Yes
  21. 21.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
  22. 22.True or false: “a juicer” is a one-time cost. (a) False (b) True
  23. 23.True or false: “a cloth banner” is a running cost. (a) False (b) True
  24. 24.🔍 Which is the odd one out? (a) sugar (b) seeds and soil (c) tea leaves and milk (d) a cloth banner
  25. 25.Vihaan has ₹340 to spend on rolls of ribbon. One roll of ribbon costs ₹4. What is the greatest number of rolls of ribbon Vihaan can buy?
  26. 26.True or false: “lemons” is a one-time cost. (a) True (b) False
  27. 27.Arjun plans to make 27 potted plants. Each needs ₹4 of materials, and a banner costs ₹230 once. What total budget is needed (in ₹)?
  28. 28.Aarav has a budget of ₹300. The stock costs ₹90 and the stall fee is ₹240. Is the budget enough? (a) Yes (b) No
  29. 29.Kavya has a budget of ₹700. The stock costs ₹320 and the stall fee is ₹340. Is the budget enough? (a) Yes (b) No
  30. 30.🔍 Which is the odd one out? (a) card paper (b) a price board (c) ice (d) sugar
  31. 31.True or false: “a cash box” is a one-time cost. (a) False (b) True
  32. 32.True or false: “a cooler box” is a running cost. (a) True (b) False
  33. 33.📒 One-time cost or running cost: seeds and soil? (a) a one-time cost (b) a running cost
  34. 34.Vihaan has a budget of ₹300. The stock costs ₹80 and the stall fee is ₹270. Is the budget enough? (a) Yes (b) No
  35. 35.🔍 Which is the odd one out? (a) a cash box (b) a juicer (c) paper cups (d) a cloth banner
  36. 36.True or false: “card paper” is a running cost. (a) True (b) False
  37. 37.Gurpreet has a budget of ₹1000. The stock costs ₹290 and the stall fee is ₹680. Is the budget enough? (a) Yes (b) No
  38. 38.Dev’s stall budget is ₹870. Pots cost ₹270, card paper cost ₹230 and napkins cost ₹90. How many rupees of the budget are left?
  39. 39.Meera’s stall budget is ₹410. Paper cups cost ₹40, a banner cost ₹140 and seeds cost ₹190. How many rupees of the budget are left?
  40. 40.Tara has a budget of ₹300. The stock costs ₹140 and the stall fee is ₹120. Is the budget enough? (a) Yes (b) No

Answer key

  1. ice
  2. a running cost
  3. seeds and soil
  4. a juicer
  5. False
  6. 37
  7. 260
  8. ice
  9. 435
  10. a cash box
  11. a folding table
  12. lemons
  13. Yes
  14. a cash box
  15. a folding table
  16. a cooler box
  17. 441
  18. a price board
  19. 210
  20. Yes
  21. a one-time cost
  22. True
  23. False
  24. a cloth banner
  25. 85
  26. False
  27. 338
  28. No
  29. Yes
  30. a price board
  31. True
  32. False
  33. a running cost
  34. No
  35. paper cups
  36. True
  37. Yes
  38. 280
  39. 40
  40. Yes

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