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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 55 · 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 one-time cost. (a) True (b) False
  2. 2.🔍 Which is the odd one out? (a) lemons (b) tea leaves and milk (c) a price board (d) card paper
  3. 3.True or false: “a price board” is a one-time cost. (a) False (b) True
  4. 4.🔍 Which is the odd one out? (a) a cash box (b) ice (c) lemons (d) tea leaves and milk
  5. 5.Ananya’s stall budget is ₹820. Sugar cost ₹170, seeds cost ₹240 and a price board cost ₹270. How many rupees of the budget are left?
  6. 6.Which of these is a running cost? (a) a folding table (b) a cooler box (c) seeds and soil (d) a price board
  7. 7.Which of these is a running cost? (a) paper cups (b) a cash box (c) a cooler box (d) a folding table
  8. 8.Diya has a budget of ₹1000. The stock costs ₹390 and the stall fee is ₹580. Is the budget enough? (a) No (b) Yes
  9. 9.Aarav plans to make 36 potted plants. Each needs ₹9 of materials, and a banner costs ₹180 once. What total budget is needed (in ₹)?
  10. 10.Which of these is a running cost? (a) a cooler box (b) a folding table (c) a cash box (d) card paper
  11. 11.🔍 Which is the odd one out? (a) a folding table (b) seeds and soil (c) sugar (d) lemons
  12. 12.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost
  13. 13.True or false: “sugar” is a one-time cost. (a) False (b) True
  14. 14.Joseph has a budget of ₹300. The stock costs ₹70 and the stall fee is ₹200. Is the budget enough? (a) No (b) Yes
  15. 15.Nisha has a budget of ₹900. The stock costs ₹100 and the stall fee is ₹770. Is the budget enough? (a) No (b) Yes
  16. 16.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  17. 17.Vihaan has ₹470 to spend on lemons. One lemon costs ₹15. What is the greatest number of lemons Vihaan can buy?
  18. 18.🔍 Which is the odd one out? (a) paper cups (b) a price board (c) a cash box (d) a cloth banner
  19. 19.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost
  20. 20.Gurpreet has a budget of ₹500. The stock costs ₹80 and the stall fee is ₹390. Is the budget enough? (a) Yes (b) No
  21. 21.True or false: “paper cups” is a running cost. (a) True (b) False
  22. 22.Kavya has ₹50 to spend on rolls of ribbon. One roll of ribbon costs ₹4. What is the greatest number of rolls of ribbon Kavya can buy?
  23. 23.Riya has a budget of ₹600. The stock costs ₹60 and the stall fee is ₹490. Is the budget enough? (a) Yes (b) No
  24. 24.📒 One-time cost or running cost: seeds and soil? (a) a one-time cost (b) a running cost
  25. 25.True or false: “seeds and soil” is a running cost. (a) True (b) False
  26. 26.Which of these is a one-time cost? (a) sugar (b) ice (c) lemons (d) a folding table
  27. 27.Ananya has ₹360 to spend on lemons. One lemon costs ₹6. What is the greatest number of lemons Ananya can buy?
  28. 28.Which of these is a one-time cost? (a) lemons (b) a cloth banner (c) ice (d) seeds and soil
  29. 29.🔍 Which is the odd one out? (a) seeds and soil (b) a juicer (c) a cooler box (d) a folding table
  30. 30.🔍 Which is the odd one out? (a) a cash box (b) a cooler box (c) a cloth banner (d) tea leaves and milk
  31. 31.Saanvi has ₹200 to spend on sheets of card paper. One sheet of card paper costs ₹6. What is the greatest number of sheets of card paper Saanvi can buy?
  32. 32.Kabir plans to make 43 jute bags. Each needs ₹5 of materials, and a banner costs ₹290 once. What total budget is needed (in ₹)?
  33. 33.Lakshmi plans to make 50 potted plants. Each needs ₹2 of materials, and a banner costs ₹240 once. What total budget is needed (in ₹)?
  34. 34.True or false: “tea leaves and milk” is a one-time cost. (a) False (b) True
  35. 35.🔍 Which is the odd one out? (a) a cash box (b) a folding table (c) ice (d) a cooler box
  36. 36.Which of these is a one-time cost? (a) lemons (b) card paper (c) sugar (d) a price board
  37. 37.True or false: “card paper” is a running cost. (a) False (b) True
  38. 38.Kabir has a budget of ₹900. The stock costs ₹60 and the stall fee is ₹850. Is the budget enough? (a) Yes (b) No
  39. 39.📒 One-time cost or running cost: card paper? (a) a running cost (b) a one-time cost
  40. 40.True or false: “ice” is a running cost. (a) False (b) True

Answer key

  1. True
  2. a price board
  3. True
  4. a cash box
  5. 140
  6. seeds and soil
  7. paper cups
  8. Yes
  9. 504
  10. card paper
  11. a folding table
  12. a one-time cost
  13. False
  14. Yes
  15. Yes
  16. a one-time cost
  17. 31
  18. paper cups
  19. a one-time cost
  20. Yes
  21. True
  22. 12
  23. Yes
  24. a running cost
  25. True
  26. a folding table
  27. 60
  28. a cloth banner
  29. seeds and soil
  30. tea leaves and milk
  31. 33
  32. 505
  33. 340
  34. False
  35. ice
  36. a price board
  37. True
  38. No
  39. a running cost
  40. True

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