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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 516 · 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 cloth banner (b) a price board (c) paper cups (d) a juicer
  2. 2.Which of these is a one-time cost? (a) ice (b) a cloth banner (c) tea leaves and milk (d) sugar
  3. 3.🔍 Which is the odd one out? (a) a cooler box (b) ice (c) a folding table (d) a cloth banner
  4. 4.Aarav has a budget of ₹400. The stock costs ₹180 and the stall fee is ₹210. Is the budget enough? (a) No (b) Yes
  5. 5.Vihaan has ₹70 to spend on packets of seeds. One packet of seeds costs ₹15. What is the greatest number of packets of seeds Vihaan can buy?
  6. 6.📒 One-time cost or running cost: a cooler box? (a) a one-time cost (b) a running cost
  7. 7.Lakshmi has a budget of ₹400. The stock costs ₹100 and the stall fee is ₹250. Is the budget enough? (a) No (b) Yes
  8. 8.Which of these is a running cost? (a) a folding table (b) ice (c) a juicer (d) a cloth banner
  9. 9.📒 One-time cost or running cost: ice? (a) a running cost (b) a one-time cost
  10. 10.Joseph has ₹90 to spend on packs of cups. One pack of cups costs ₹12. What is the greatest number of packs of cups Joseph can buy?
  11. 11.Arjun has a budget of ₹800. The stock costs ₹270 and the stall fee is ₹540. Is the budget enough? (a) No (b) Yes
  12. 12.Ananya’s stall budget is ₹550. Lemons cost ₹210, ribbon cost ₹250 and napkins cost ₹40. How many rupees of the budget are left?
  13. 13.📒 One-time cost or running cost: sugar? (a) a running cost (b) a one-time cost
  14. 14.📒 One-time cost or running cost: lemons? (a) a one-time cost (b) a running cost
  15. 15.Which of these is a running cost? (a) a folding table (b) a cooler box (c) tea leaves and milk (d) a price board
  16. 16.Gurpreet has a budget of ₹500. The stock costs ₹80 and the stall fee is ₹370. Is the budget enough? (a) No (b) Yes
  17. 17.Diya plans to make 27 glasses of chai. Each needs ₹7 of materials, and a banner costs ₹280 once. What total budget is needed (in ₹)?
  18. 18.🔍 Which is the odd one out? (a) a cloth banner (b) tea leaves and milk (c) a folding table (d) a cash box
  19. 19.Diya’s stall budget is ₹730. Pots cost ₹150, paper cups cost ₹140 and seeds cost ₹210. How many rupees of the budget are left?
  20. 20.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
  21. 21.Ishaan has a budget of ₹300. The stock costs ₹50 and the stall fee is ₹240. Is the budget enough? (a) No (b) Yes
  22. 22.Which of these is a running cost? (a) a folding table (b) a price board (c) sugar (d) a cloth banner
  23. 23.Which of these is a running cost? (a) card paper (b) a cloth banner (c) a folding table (d) a cooler box
  24. 24.Vihaan plans to make 32 cupcakes. Each needs ₹4 of materials, and a banner costs ₹300 once. What total budget is needed (in ₹)?
  25. 25.Vihaan has a budget of ₹900. The stock costs ₹360 and the stall fee is ₹560. Is the budget enough? (a) Yes (b) No
  26. 26.True or false: “a cooler box” is a one-time cost. (a) True (b) False
  27. 27.True or false: “sugar” is a one-time cost. (a) True (b) False
  28. 28.True or false: “a cash box” is a one-time cost. (a) False (b) True
  29. 29.True or false: “card paper” is a running cost. (a) True (b) False
  30. 30.Farhan’s stall budget is ₹640. A banner cost ₹70, a price board cost ₹170 and sugar cost ₹100. How many rupees of the budget are left?
  31. 31.Which of these is a one-time cost? (a) lemons (b) a cooler box (c) seeds and soil (d) sugar
  32. 32.Which of these is a one-time cost? (a) ice (b) tea leaves and milk (c) a price board (d) lemons
  33. 33.Lakshmi has a budget of ₹900. The stock costs ₹440 and the stall fee is ₹420. Is the budget enough? (a) No (b) Yes
  34. 34.📒 One-time cost or running cost: a cloth banner? (a) a one-time cost (b) a running cost
  35. 35.🔍 Which is the odd one out? (a) a folding table (b) a price board (c) sugar (d) a cloth banner
  36. 36.Meera’s stall budget is ₹500. Ribbon cost ₹30, a price board cost ₹180 and a banner cost ₹190. How many rupees of the budget are left?
  37. 37.🔍 Which is the odd one out? (a) a cloth banner (b) seeds and soil (c) ice (d) lemons
  38. 38.Nisha’s stall budget is ₹470. Ribbon cost ₹40, seeds cost ₹70 and lemons cost ₹70. How many rupees of the budget are left?
  39. 39.📒 One-time cost or running cost: paper cups? (a) a one-time cost (b) a running cost
  40. 40.Dev has a budget of ₹300. The stock costs ₹120 and the stall fee is ₹220. Is the budget enough? (a) Yes (b) No

Answer key

  1. paper cups
  2. a cloth banner
  3. ice
  4. Yes
  5. 4
  6. a one-time cost
  7. Yes
  8. ice
  9. a running cost
  10. 7
  11. No
  12. 50
  13. a running cost
  14. a running cost
  15. tea leaves and milk
  16. Yes
  17. 469
  18. tea leaves and milk
  19. 230
  20. a one-time cost
  21. Yes
  22. sugar
  23. card paper
  24. 428
  25. No
  26. True
  27. False
  28. True
  29. True
  30. 300
  31. a cooler box
  32. a price board
  33. Yes
  34. a one-time cost
  35. sugar
  36. 100
  37. a cloth banner
  38. 290
  39. a running cost
  40. No

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