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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 54 · 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 is the odd one out? (a) lemons (b) a cash box (c) paper cups (d) seeds and soil
  3. 3.Aarav has ₹170 to spend on packets of seeds. One packet of seeds costs ₹8. What is the greatest number of packets of seeds Aarav can buy?
  4. 4.Which of these is a one-time cost? (a) seeds and soil (b) a juicer (c) tea leaves and milk (d) sugar
  5. 5.📒 One-time cost or running cost: seeds and soil? (a) a one-time cost (b) a running cost
  6. 6.Which of these is a one-time cost? (a) card paper (b) tea leaves and milk (c) a cloth banner (d) ice
  7. 7.Zoya’s stall budget is ₹600. Paper cups cost ₹130, ribbon cost ₹150 and a banner cost ₹20. How many rupees of the budget are left?
  8. 8.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost
  9. 9.🔍 Which is the odd one out? (a) a cooler box (b) a juicer (c) lemons (d) a cloth banner
  10. 10.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost
  11. 11.Kabir’s stall budget is ₹590. Ribbon cost ₹250, a banner cost ₹230 and seeds cost ₹80. How many rupees of the budget are left?
  12. 12.Ananya plans to make 13 painted pebbles. Each needs ₹9 of materials, and a banner costs ₹200 once. What total budget is needed (in ₹)?
  13. 13.Meera’s stall budget is ₹630. A price board cost ₹230, lemons cost ₹300 and ribbon cost ₹40. How many rupees of the budget are left?
  14. 14.Ishaan has a budget of ₹800. The stock costs ₹320 and the stall fee is ₹430. Is the budget enough? (a) No (b) Yes
  15. 15.Rohan has a budget of ₹800. The stock costs ₹320 and the stall fee is ₹490. Is the budget enough? (a) Yes (b) No
  16. 16.Gurpreet’s stall budget is ₹510. Pots cost ₹50, paper cups cost ₹90 and seeds cost ₹140. How many rupees of the budget are left?
  17. 17.Zoya has a budget of ₹900. The stock costs ₹60 and the stall fee is ₹860. Is the budget enough? (a) Yes (b) No
  18. 18.📒 One-time cost or running cost: tea leaves and milk? (a) a running cost (b) a one-time cost
  19. 19.🔍 Which is the odd one out? (a) a price board (b) a juicer (c) a cooler box (d) sugar
  20. 20.📒 One-time cost or running cost: a cloth banner? (a) a one-time cost (b) a running cost
  21. 21.True or false: “a folding table” is a one-time cost. (a) False (b) True
  22. 22.Kavya plans to make 19 painted pebbles. Each needs ₹4 of materials, and a banner costs ₹60 once. What total budget is needed (in ₹)?
  23. 23.Which of these is a one-time cost? (a) ice (b) card paper (c) paper cups (d) a folding table
  24. 24.True or false: “sugar” is a running cost. (a) True (b) False
  25. 25.🔍 Which is the odd one out? (a) a cloth banner (b) a folding table (c) paper cups (d) a cooler box
  26. 26.True or false: “ice” is a running cost. (a) False (b) True
  27. 27.🔍 Which is the odd one out? (a) seeds and soil (b) a price board (c) a folding table (d) a cloth banner
  28. 28.Gurpreet has ₹420 to spend on packets of seeds. One packet of seeds costs ₹4. What is the greatest number of packets of seeds Gurpreet can buy?
  29. 29.📒 One-time cost or running cost: lemons? (a) a running cost (b) a one-time cost
  30. 30.True or false: “tea leaves and milk” is a one-time cost. (a) False (b) True
  31. 31.Aarav plans to make 14 potted plants. Each needs ₹3 of materials, and a banner costs ₹80 once. What total budget is needed (in ₹)?
  32. 32.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  33. 33.Ananya plans to make 23 cups of lemonade. Each needs ₹8 of materials, and a banner costs ₹230 once. What total budget is needed (in ₹)?
  34. 34.🔍 Which is the odd one out? (a) a cooler box (b) card paper (c) a price board (d) a cloth banner
  35. 35.Zoya’s stall budget is ₹390. A banner cost ₹50, seeds cost ₹80 and card paper cost ₹170. How many rupees of the budget are left?
  36. 36.Which of these is a running cost? (a) a price board (b) a juicer (c) a folding table (d) sugar
  37. 37.Rohan plans to make 36 cups of lemonade. Each needs ₹2 of materials, and a banner costs ₹50 once. What total budget is needed (in ₹)?
  38. 38.Meera has a budget of ₹600. The stock costs ₹270 and the stall fee is ₹350. Is the budget enough? (a) No (b) Yes
  39. 39.Zoya has ₹260 to spend on packs of cups. One pack of cups costs ₹6. What is the greatest number of packs of cups Zoya can buy?
  40. 40.📒 One-time cost or running cost: sugar? (a) a one-time cost (b) a running cost

Answer key

  1. False
  2. a cash box
  3. 21
  4. a juicer
  5. a running cost
  6. a cloth banner
  7. 300
  8. a one-time cost
  9. lemons
  10. a one-time cost
  11. 30
  12. 317
  13. 60
  14. Yes
  15. No
  16. 230
  17. No
  18. a running cost
  19. sugar
  20. a one-time cost
  21. True
  22. 136
  23. a folding table
  24. True
  25. paper cups
  26. True
  27. seeds and soil
  28. 105
  29. a running cost
  30. False
  31. 122
  32. a one-time cost
  33. 414
  34. card paper
  35. 90
  36. sugar
  37. 122
  38. No
  39. 43
  40. a running cost

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