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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 495 · 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.Tara has a budget of ₹1000. The stock costs ₹70 and the stall fee is ₹930. Is the budget enough? (a) Yes (b) No
  2. 2.🔍 Which is the odd one out? (a) a folding table (b) ice (c) lemons (d) tea leaves and milk
  3. 3.Which of these is a one-time cost? (a) tea leaves and milk (b) paper cups (c) a cooler box (d) sugar
  4. 4.Arjun has a budget of ₹1000. The stock costs ₹260 and the stall fee is ₹740. Is the budget enough? (a) No (b) Yes
  5. 5.Zoya’s stall budget is ₹740. Sugar cost ₹150, pots cost ₹260 and napkins cost ₹150. How many rupees of the budget are left?
  6. 6.🔍 Which is the odd one out? (a) a price board (b) a juicer (c) card paper (d) a folding table
  7. 7.🔍 Which is the odd one out? (a) a price board (b) sugar (c) a folding table (d) a cooler box
  8. 8.True or false: “a folding table” is a one-time cost. (a) True (b) False
  9. 9.Vihaan has ₹180 to spend on packs of cups. One pack of cups costs ₹4. What is the greatest number of packs of cups Vihaan can buy?
  10. 10.Nisha has ₹100 to spend on lemons. One lemon costs ₹6. What is the greatest number of lemons Nisha can buy?
  11. 11.📒 One-time cost or running cost: a cash box? (a) a one-time cost (b) a running cost
  12. 12.🔍 Which is the odd one out? (a) lemons (b) card paper (c) sugar (d) a cloth banner
  13. 13.True or false: “card paper” is a running cost. (a) False (b) True
  14. 14.Lakshmi has a budget of ₹900. The stock costs ₹190 and the stall fee is ₹740. Is the budget enough? (a) Yes (b) No
  15. 15.True or false: “paper cups” is a running cost. (a) True (b) False
  16. 16.Which of these is a running cost? (a) sugar (b) a cloth banner (c) a juicer (d) a cash box
  17. 17.Zoya plans to make 29 jute bags. Each needs ₹4 of materials, and a banner costs ₹210 once. What total budget is needed (in ₹)?
  18. 18.📒 One-time cost or running cost: sugar? (a) a running cost (b) a one-time cost
  19. 19.Joseph’s stall budget is ₹570. Pots cost ₹80, seeds cost ₹260 and ribbon cost ₹190. How many rupees of the budget are left?
  20. 20.🔍 Which is the odd one out? (a) a cooler box (b) lemons (c) a juicer (d) a cash box
  21. 21.Tara has a budget of ₹900. The stock costs ₹310 and the stall fee is ₹600. Is the budget enough? (a) Yes (b) No
  22. 22.Meera plans to make 49 glasses of chai. Each needs ₹7 of materials, and a banner costs ₹240 once. What total budget is needed (in ₹)?
  23. 23.Aarav has ₹80 to spend on lemons. One lemon costs ₹6. What is the greatest number of lemons Aarav can buy?
  24. 24.True or false: “ice” is a one-time cost. (a) True (b) False
  25. 25.True or false: “paper cups” is a one-time cost. (a) True (b) False
  26. 26.🔍 Which is the odd one out? (a) tea leaves and milk (b) lemons (c) a cooler box (d) paper cups
  27. 27.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  28. 28.Which of these is a one-time cost? (a) a juicer (b) card paper (c) tea leaves and milk (d) paper cups
  29. 29.Which of these is a running cost? (a) a folding table (b) a cooler box (c) tea leaves and milk (d) a cash box
  30. 30.Meera has ₹460 to spend on packets of seeds. One packet of seeds costs ₹6. What is the greatest number of packets of seeds Meera can buy?
  31. 31.True or false: “tea leaves and milk” is a running cost. (a) True (b) False
  32. 32.Saanvi has a budget of ₹400. The stock costs ₹200 and the stall fee is ₹220. Is the budget enough? (a) No (b) Yes
  33. 33.Aarav has a budget of ₹800. The stock costs ₹80 and the stall fee is ₹710. Is the budget enough? (a) No (b) Yes
  34. 34.Which of these is a running cost? (a) a folding table (b) lemons (c) a price board (d) a cloth banner
  35. 35.Aarav has a budget of ₹300. The stock costs ₹140 and the stall fee is ₹130. Is the budget enough? (a) No (b) Yes
  36. 36.Which of these is a running cost? (a) a folding table (b) a juicer (c) seeds and soil (d) a price board
  37. 37.Gurpreet has a budget of ₹400. The stock costs ₹90 and the stall fee is ₹330. Is the budget enough? (a) Yes (b) No
  38. 38.Arjun has a budget of ₹700. The stock costs ₹220 and the stall fee is ₹430. Is the budget enough? (a) Yes (b) No
  39. 39.True or false: “seeds and soil” is a one-time cost. (a) False (b) True
  40. 40.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost

Answer key

  1. Yes
  2. a folding table
  3. a cooler box
  4. Yes
  5. 180
  6. card paper
  7. sugar
  8. True
  9. 45
  10. 16
  11. a one-time cost
  12. a cloth banner
  13. True
  14. No
  15. True
  16. sugar
  17. 326
  18. a running cost
  19. 40
  20. lemons
  21. No
  22. 583
  23. 13
  24. False
  25. False
  26. a cooler box
  27. a one-time cost
  28. a juicer
  29. tea leaves and milk
  30. 76
  31. True
  32. No
  33. Yes
  34. lemons
  35. Yes
  36. seeds and soil
  37. No
  38. Yes
  39. False
  40. a running cost

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