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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 527 · 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.True or false: “a cloth banner” is a one-time cost. (a) True (b) False
  2. 2.🔍 Which is the odd one out? (a) seeds and soil (b) paper cups (c) a price board (d) sugar
  3. 3.True or false: “tea leaves and milk” is a one-time cost. (a) False (b) True
  4. 4.True or false: “lemons” is a running cost. (a) False (b) True
  5. 5.📒 One-time cost or running cost: card paper? (a) a running cost (b) a one-time cost
  6. 6.Zoya has ₹260 to spend on packets of seeds. One packet of seeds costs ₹12. What is the greatest number of packets of seeds Zoya can buy?
  7. 7.Rohan’s stall budget is ₹400. A banner cost ₹60, lemons cost ₹80 and ribbon cost ₹230. How many rupees of the budget are left?
  8. 8.Which of these is a one-time cost? (a) tea leaves and milk (b) a folding table (c) ice (d) lemons
  9. 9.Which of these is a one-time cost? (a) ice (b) a price board (c) sugar (d) lemons
  10. 10.🔍 Which is the odd one out? (a) a cooler box (b) paper cups (c) a price board (d) a juicer
  11. 11.Rohan has a budget of ₹500. The stock costs ₹220 and the stall fee is ₹270. Is the budget enough? (a) No (b) Yes
  12. 12.🔍 Which is the odd one out? (a) tea leaves and milk (b) ice (c) a folding table (d) card paper
  13. 13.📒 One-time cost or running cost: lemons? (a) a one-time cost (b) a running cost
  14. 14.Which of these is a one-time cost? (a) card paper (b) ice (c) a cloth banner (d) lemons
  15. 15.Farhan has ₹120 to spend on packs of cups. One pack of cups costs ₹8. What is the greatest number of packs of cups Farhan can buy?
  16. 16.Rohan’s stall budget is ₹360. Napkins cost ₹50, a banner cost ₹200 and a price board cost ₹20. How many rupees of the budget are left?
  17. 17.Diya plans to make 50 fruit cups. Each needs ₹3 of materials, and a banner costs ₹120 once. What total budget is needed (in ₹)?
  18. 18.True or false: “card paper” is a one-time cost. (a) True (b) False
  19. 19.Aarav plans to make 30 painted pebbles. Each needs ₹8 of materials, and a banner costs ₹60 once. What total budget is needed (in ₹)?
  20. 20.Which of these is a running cost? (a) paper cups (b) a cash box (c) a cloth banner (d) a folding table
  21. 21.Joseph’s stall budget is ₹790. Paper cups cost ₹220, lemons cost ₹290 and a banner cost ₹240. How many rupees of the budget are left?
  22. 22.🔍 Which is the odd one out? (a) sugar (b) seeds and soil (c) a cooler box (d) ice
  23. 23.Which of these is a running cost? (a) a cooler box (b) a price board (c) a cloth banner (d) card paper
  24. 24.True or false: “a juicer” is a one-time cost. (a) False (b) True
  25. 25.True or false: “paper cups” is a running cost. (a) True (b) False
  26. 26.Nisha’s stall budget is ₹480. Pots cost ₹100, paper cups cost ₹200 and a banner cost ₹50. How many rupees of the budget are left?
  27. 27.True or false: “a folding table” is a running cost. (a) True (b) False
  28. 28.Nisha has a budget of ₹1000. The stock costs ₹130 and the stall fee is ₹920. Is the budget enough? (a) No (b) Yes
  29. 29.Ishaan has ₹220 to spend on packs of cups. One pack of cups costs ₹12. What is the greatest number of packs of cups Ishaan can buy?
  30. 30.Ananya has a budget of ₹600. The stock costs ₹60 and the stall fee is ₹510. Is the budget enough? (a) No (b) Yes
  31. 31.🔍 Which is the odd one out? (a) a juicer (b) card paper (c) seeds and soil (d) tea leaves and milk
  32. 32.Joseph has a budget of ₹300. The stock costs ₹60 and the stall fee is ₹270. Is the budget enough? (a) Yes (b) No
  33. 33.📒 One-time cost or running cost: a cash box? (a) a one-time cost (b) a running cost
  34. 34.Diya plans to make 15 clay diyas. Each needs ₹6 of materials, and a banner costs ₹280 once. What total budget is needed (in ₹)?
  35. 35.True or false: “ice” is a running cost. (a) False (b) True
  36. 36.Tara’s stall budget is ₹490. Napkins cost ₹180, lemons cost ₹70 and ribbon cost ₹20. How many rupees of the budget are left?
  37. 37.Tara’s stall budget is ₹660. Paper cups cost ₹20, pots cost ₹200 and a banner cost ₹240. How many rupees of the budget are left?
  38. 38.🔍 Which is the odd one out? (a) seeds and soil (b) card paper (c) a cash box (d) tea leaves and milk
  39. 39.Kabir has a budget of ₹700. The stock costs ₹290 and the stall fee is ₹420. Is the budget enough? (a) No (b) Yes
  40. 40.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost

Answer key

  1. True
  2. a price board
  3. False
  4. True
  5. a running cost
  6. 21
  7. 30
  8. a folding table
  9. a price board
  10. paper cups
  11. Yes
  12. a folding table
  13. a running cost
  14. a cloth banner
  15. 15
  16. 90
  17. 270
  18. False
  19. 300
  20. paper cups
  21. 40
  22. a cooler box
  23. card paper
  24. True
  25. True
  26. 130
  27. False
  28. No
  29. 18
  30. Yes
  31. a juicer
  32. No
  33. a one-time cost
  34. 370
  35. True
  36. 220
  37. 200
  38. a cash box
  39. No
  40. a one-time cost

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