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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 463 · 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) paper cups (b) a price board (c) card paper (d) sugar
  2. 2.True or false: “a cloth banner” is a one-time cost. (a) False (b) True
  3. 3.Meera has a budget of ₹600. The stock costs ₹210 and the stall fee is ₹380. Is the budget enough? (a) Yes (b) No
  4. 4.True or false: “sugar” is a running cost. (a) True (b) False
  5. 5.True or false: “card paper” is a one-time cost. (a) False (b) True
  6. 6.True or false: “a juicer” is a one-time cost. (a) False (b) True
  7. 7.True or false: “a cash box” is a running cost. (a) True (b) False
  8. 8.Ananya’s stall budget is ₹710. Card paper cost ₹80, sugar cost ₹260 and pots cost ₹170. How many rupees of the budget are left?
  9. 9.Aarav has a budget of ₹300. The stock costs ₹130 and the stall fee is ₹180. Is the budget enough? (a) No (b) Yes
  10. 10.🔍 Which is the odd one out? (a) a folding table (b) a cash box (c) lemons (d) a juicer
  11. 11.Diya has a budget of ₹1000. The stock costs ₹440 and the stall fee is ₹520. Is the budget enough? (a) No (b) Yes
  12. 12.Zoya has ₹480 to spend on rolls of ribbon. One roll of ribbon costs ₹15. What is the greatest number of rolls of ribbon Zoya can buy?
  13. 13.Which of these is a one-time cost? (a) a price board (b) card paper (c) sugar (d) paper cups
  14. 14.🔍 Which is the odd one out? (a) lemons (b) a juicer (c) tea leaves and milk (d) sugar
  15. 15.Rohan has ₹210 to spend on packets of seeds. One packet of seeds costs ₹20. What is the greatest number of packets of seeds Rohan can buy?
  16. 16.Which of these is a one-time cost? (a) ice (b) sugar (c) paper cups (d) a cash box
  17. 17.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  18. 18.True or false: “a cloth banner” is a running cost. (a) True (b) False
  19. 19.Lakshmi has ₹490 to spend on rolls of ribbon. One roll of ribbon costs ₹12. What is the greatest number of rolls of ribbon Lakshmi can buy?
  20. 20.Dev plans to make 23 bags of popcorn. Each needs ₹4 of materials, and a banner costs ₹120 once. What total budget is needed (in ₹)?
  21. 21.True or false: “a cash box” is a one-time cost. (a) True (b) False
  22. 22.🔍 Which is the odd one out? (a) sugar (b) paper cups (c) a cash box (d) tea leaves and milk
  23. 23.Lakshmi has ₹150 to spend on packets of seeds. One packet of seeds costs ₹8. What is the greatest number of packets of seeds Lakshmi can buy?
  24. 24.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
  25. 25.🔍 Which is the odd one out? (a) seeds and soil (b) a cooler box (c) lemons (d) card paper
  26. 26.📒 One-time cost or running cost: ice? (a) a one-time cost (b) a running cost
  27. 27.Rohan has a budget of ₹900. The stock costs ₹380 and the stall fee is ₹540. Is the budget enough? (a) Yes (b) No
  28. 28.Joseph has ₹350 to spend on packets of seeds. One packet of seeds costs ₹5. What is the greatest number of packets of seeds Joseph can buy?
  29. 29.🔍 Which is the odd one out? (a) a cooler box (b) a juicer (c) a cash box (d) paper cups
  30. 30.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost
  31. 31.Diya has a budget of ₹500. The stock costs ₹50 and the stall fee is ₹490. Is the budget enough? (a) Yes (b) No
  32. 32.True or false: “lemons” is a running cost. (a) False (b) True
  33. 33.Saanvi plans to make 34 fruit cups. Each needs ₹7 of materials, and a banner costs ₹130 once. What total budget is needed (in ₹)?
  34. 34.Lakshmi’s stall budget is ₹470. A banner cost ₹100, seeds cost ₹50 and a price board cost ₹120. How many rupees of the budget are left?
  35. 35.True or false: “a folding table” is a running cost. (a) False (b) True
  36. 36.📒 One-time cost or running cost: paper cups? (a) a one-time cost (b) a running cost
  37. 37.Which of these is a running cost? (a) a cooler box (b) a price board (c) ice (d) a folding table
  38. 38.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  39. 39.Joseph has a budget of ₹1000. The stock costs ₹50 and the stall fee is ₹990. Is the budget enough? (a) No (b) Yes
  40. 40.Farhan plans to make 34 painted pebbles. Each needs ₹6 of materials, and a banner costs ₹60 once. What total budget is needed (in ₹)?

Answer key

  1. a price board
  2. True
  3. Yes
  4. True
  5. False
  6. True
  7. False
  8. 200
  9. No
  10. lemons
  11. Yes
  12. 32
  13. a price board
  14. a juicer
  15. 10
  16. a cash box
  17. a one-time cost
  18. False
  19. 40
  20. 212
  21. True
  22. a cash box
  23. 18
  24. a one-time cost
  25. a cooler box
  26. a running cost
  27. No
  28. 70
  29. paper cups
  30. a one-time cost
  31. No
  32. True
  33. 368
  34. 200
  35. False
  36. a running cost
  37. ice
  38. a one-time cost
  39. No
  40. 264

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