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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 53 · 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 cooler box” is a running cost. (a) False (b) True
  2. 2.Which of these is a one-time cost? (a) ice (b) a cooler box (c) seeds and soil (d) card paper
  3. 3.Ananya has a budget of ₹300. The stock costs ₹50 and the stall fee is ₹280. Is the budget enough? (a) Yes (b) No
  4. 4.True or false: “card paper” is a one-time cost. (a) True (b) False
  5. 5.Which of these is a running cost? (a) a cash box (b) a juicer (c) a price board (d) tea leaves and milk
  6. 6.🔍 Which is the odd one out? (a) a juicer (b) tea leaves and milk (c) a price board (d) a cash box
  7. 7.🔍 Which is the odd one out? (a) tea leaves and milk (b) card paper (c) a cash box (d) paper cups
  8. 8.📒 One-time cost or running cost: sugar? (a) a one-time cost (b) a running cost
  9. 9.Kavya has ₹70 to spend on packs of cups. One pack of cups costs ₹5. What is the greatest number of packs of cups Kavya can buy?
  10. 10.Joseph has a budget of ₹300. The stock costs ₹110 and the stall fee is ₹170. Is the budget enough? (a) Yes (b) No
  11. 11.🔍 Which is the odd one out? (a) a folding table (b) seeds and soil (c) a price board (d) a juicer
  12. 12.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
  13. 13.Zoya’s stall budget is ₹880. Paper cups cost ₹260, lemons cost ₹140 and card paper cost ₹260. How many rupees of the budget are left?
  14. 14.🔍 Which is the odd one out? (a) a folding table (b) a cloth banner (c) ice (d) a cooler box
  15. 15.Dev plans to make 33 paper bookmarks. Each needs ₹10 of materials, and a banner costs ₹60 once. What total budget is needed (in ₹)?
  16. 16.Joseph’s stall budget is ₹870. Lemons cost ₹300, sugar cost ₹260 and pots cost ₹30. How many rupees of the budget are left?
  17. 17.Diya’s stall budget is ₹400. Lemons cost ₹120, sugar cost ₹30 and a banner cost ₹170. How many rupees of the budget are left?
  18. 18.🔍 Which is the odd one out? (a) paper cups (b) tea leaves and milk (c) ice (d) a cloth banner
  19. 19.Farhan has a budget of ₹500. The stock costs ₹210 and the stall fee is ₹250. Is the budget enough? (a) Yes (b) No
  20. 20.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost
  21. 21.True or false: “card paper” is a running cost. (a) True (b) False
  22. 22.Diya has ₹410 to spend on packets of seeds. One packet of seeds costs ₹10. What is the greatest number of packets of seeds Diya can buy?
  23. 23.Which of these is a one-time cost? (a) lemons (b) a price board (c) tea leaves and milk (d) sugar
  24. 24.Rohan’s stall budget is ₹420. Paper cups cost ₹100, a banner cost ₹250 and seeds cost ₹60. How many rupees of the budget are left?
  25. 25.🔍 Which is the odd one out? (a) card paper (b) a folding table (c) a cloth banner (d) a price board
  26. 26.Nisha has ₹330 to spend on lemons. One lemon costs ₹15. What is the greatest number of lemons Nisha can buy?
  27. 27.Farhan has ₹190 to spend on packets of seeds. One packet of seeds costs ₹15. What is the greatest number of packets of seeds Farhan can buy?
  28. 28.Which of these is a one-time cost? (a) ice (b) card paper (c) sugar (d) a cloth banner
  29. 29.True or false: “a cash box” is a running cost. (a) True (b) False
  30. 30.Which of these is a one-time cost? (a) seeds and soil (b) tea leaves and milk (c) paper cups (d) a cash box
  31. 31.True or false: “lemons” is a running cost. (a) False (b) True
  32. 32.📒 One-time cost or running cost: a cash box? (a) a one-time cost (b) a running cost
  33. 33.True or false: “ice” is a one-time cost. (a) True (b) False
  34. 34.Which of these is a running cost? (a) a price board (b) a folding table (c) seeds and soil (d) a cloth banner
  35. 35.Arjun’s stall budget is ₹550. Lemons cost ₹70, a price board cost ₹230 and ribbon cost ₹20. How many rupees of the budget are left?
  36. 36.Kabir plans to make 34 jute bags. Each needs ₹9 of materials, and a banner costs ₹130 once. What total budget is needed (in ₹)?
  37. 37.Which of these is a one-time cost? (a) card paper (b) a folding table (c) tea leaves and milk (d) lemons
  38. 38.True or false: “sugar” is a running cost. (a) True (b) False
  39. 39.Meera plans to make 18 paper bookmarks. Each needs ₹7 of materials, and a banner costs ₹90 once. What total budget is needed (in ₹)?
  40. 40.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost

Answer key

  1. False
  2. a cooler box
  3. No
  4. False
  5. tea leaves and milk
  6. tea leaves and milk
  7. a cash box
  8. a running cost
  9. 14
  10. Yes
  11. seeds and soil
  12. a running cost
  13. 220
  14. ice
  15. 390
  16. 280
  17. 80
  18. a cloth banner
  19. Yes
  20. a one-time cost
  21. True
  22. 41
  23. a price board
  24. 10
  25. card paper
  26. 22
  27. 12
  28. a cloth banner
  29. False
  30. a cash box
  31. True
  32. a one-time cost
  33. False
  34. seeds and soil
  35. 230
  36. 436
  37. a folding table
  38. True
  39. 216
  40. a one-time cost

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