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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 499 · 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.Riya has ₹190 to spend on lemons. One lemon costs ₹10. What is the greatest number of lemons Riya can buy?
  2. 2.Kabir has a budget of ₹400. The stock costs ₹160 and the stall fee is ₹230. Is the budget enough? (a) Yes (b) No
  3. 3.📒 One-time cost or running cost: paper cups? (a) a running cost (b) a one-time cost
  4. 4.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  5. 5.Nisha’s stall budget is ₹380. Pots cost ₹130, ribbon cost ₹70 and napkins cost ₹20. How many rupees of the budget are left?
  6. 6.Tara’s stall budget is ₹540. Card paper cost ₹180, a price board cost ₹150 and ribbon cost ₹20. How many rupees of the budget are left?
  7. 7.🔍 Which is the odd one out? (a) seeds and soil (b) a cash box (c) tea leaves and milk (d) ice
  8. 8.Zoya’s stall budget is ₹520. Sugar cost ₹250, pots cost ₹120 and a banner cost ₹20. How many rupees of the budget are left?
  9. 9.🔍 Which is the odd one out? (a) lemons (b) sugar (c) a juicer (d) ice
  10. 10.True or false: “a folding table” is a running cost. (a) False (b) True
  11. 11.Kabir’s stall budget is ₹500. A banner cost ₹220, paper cups cost ₹50 and seeds cost ₹200. How many rupees of the budget are left?
  12. 12.Which of these is a one-time cost? (a) lemons (b) a price board (c) paper cups (d) sugar
  13. 13.Ananya has a budget of ₹300. The stock costs ₹100 and the stall fee is ₹240. Is the budget enough? (a) No (b) Yes
  14. 14.Rohan’s stall budget is ₹370. Pots cost ₹20, paper cups cost ₹90 and lemons cost ₹210. How many rupees of the budget are left?
  15. 15.True or false: “lemons” is a one-time cost. (a) False (b) True
  16. 16.🔍 Which is the odd one out? (a) tea leaves and milk (b) a folding table (c) seeds and soil (d) sugar
  17. 17.Diya’s stall budget is ₹590. A price board cost ₹230, napkins cost ₹260 and ribbon cost ₹20. How many rupees of the budget are left?
  18. 18.Which of these is a running cost? (a) a folding table (b) a cash box (c) ice (d) a juicer
  19. 19.True or false: “card paper” is a one-time cost. (a) False (b) True
  20. 20.True or false: “tea leaves and milk” is a running cost. (a) False (b) True
  21. 21.🔍 Which is the odd one out? (a) a cloth banner (b) a cash box (c) a cooler box (d) tea leaves and milk
  22. 22.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  23. 23.Which of these is a running cost? (a) a price board (b) a cooler box (c) a cloth banner (d) paper cups
  24. 24.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  25. 25.Which of these is a running cost? (a) seeds and soil (b) a cash box (c) a cloth banner (d) a juicer
  26. 26.Kabir has a budget of ₹300. The stock costs ₹100 and the stall fee is ₹250. Is the budget enough? (a) Yes (b) No
  27. 27.Riya has a budget of ₹1000. The stock costs ₹130 and the stall fee is ₹900. Is the budget enough? (a) No (b) Yes
  28. 28.🔍 Which is the odd one out? (a) a folding table (b) card paper (c) a cash box (d) a price board
  29. 29.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost
  30. 30.Which of these is a one-time cost? (a) sugar (b) paper cups (c) lemons (d) a cloth banner
  31. 31.Lakshmi has ₹380 to spend on packets of seeds. One packet of seeds costs ₹5. What is the greatest number of packets of seeds Lakshmi can buy?
  32. 32.Zoya’s stall budget is ₹600. A banner cost ₹130, napkins cost ₹70 and card paper cost ₹120. How many rupees of the budget are left?
  33. 33.Nisha has ₹100 to spend on rolls of ribbon. One roll of ribbon costs ₹5. What is the greatest number of rolls of ribbon Nisha can buy?
  34. 34.Which of these is a running cost? (a) a folding table (b) a cloth banner (c) a cash box (d) lemons
  35. 35.🔍 Which is the odd one out? (a) paper cups (b) sugar (c) seeds and soil (d) a price board
  36. 36.True or false: “a cloth banner” is a one-time cost. (a) True (b) False
  37. 37.True or false: “seeds and soil” is a one-time cost. (a) True (b) False
  38. 38.🔍 Which is the odd one out? (a) ice (b) paper cups (c) seeds and soil (d) a cooler box
  39. 39.Tara plans to make 18 painted pebbles. Each needs ₹5 of materials, and a banner costs ₹150 once. What total budget is needed (in ₹)?
  40. 40.True or false: “a cash box” is a running cost. (a) True (b) False

Answer key

  1. 19
  2. Yes
  3. a running cost
  4. a one-time cost
  5. 160
  6. 190
  7. a cash box
  8. 130
  9. a juicer
  10. False
  11. 30
  12. a price board
  13. No
  14. 50
  15. False
  16. a folding table
  17. 80
  18. ice
  19. False
  20. True
  21. tea leaves and milk
  22. a one-time cost
  23. paper cups
  24. a one-time cost
  25. seeds and soil
  26. No
  27. No
  28. card paper
  29. a one-time cost
  30. a cloth banner
  31. 76
  32. 280
  33. 20
  34. lemons
  35. a price board
  36. True
  37. False
  38. a cooler box
  39. 240
  40. False

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