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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 557 · 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) lemons (b) ice (c) a folding table (d) seeds and soil
  2. 2.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost
  3. 3.Riya has a budget of ₹600. The stock costs ₹90 and the stall fee is ₹520. Is the budget enough? (a) No (b) Yes
  4. 4.Which of these is a running cost? (a) ice (b) a cloth banner (c) a cooler box (d) a folding table
  5. 5.📒 One-time cost or running cost: ice? (a) a running cost (b) a one-time cost
  6. 6.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  7. 7.True or false: “a cash box” is a one-time cost. (a) True (b) False
  8. 8.Which of these is a one-time cost? (a) card paper (b) tea leaves and milk (c) a cloth banner (d) seeds and soil
  9. 9.🔍 Which is the odd one out? (a) paper cups (b) tea leaves and milk (c) lemons (d) a cash box
  10. 10.Which of these is a one-time cost? (a) a folding table (b) paper cups (c) sugar (d) card paper
  11. 11.Zoya has a budget of ₹700. The stock costs ₹220 and the stall fee is ₹460. Is the budget enough? (a) Yes (b) No
  12. 12.Tara has ₹460 to spend on packs of cups. One pack of cups costs ₹5. What is the greatest number of packs of cups Tara can buy?
  13. 13.True or false: “a juicer” is a running cost. (a) False (b) True
  14. 14.🔍 Which is the odd one out? (a) ice (b) card paper (c) a juicer (d) sugar
  15. 15.Kavya has ₹210 to spend on rolls of ribbon. One roll of ribbon costs ₹6. What is the greatest number of rolls of ribbon Kavya can buy?
  16. 16.True or false: “tea leaves and milk” is a running cost. (a) True (b) False
  17. 17.📒 One-time cost or running cost: a cash box? (a) a one-time cost (b) a running cost
  18. 18.Saanvi has ₹390 to spend on lemons. One lemon costs ₹6. What is the greatest number of lemons Saanvi can buy?
  19. 19.True or false: “a cooler box” is a running cost. (a) False (b) True
  20. 20.Rohan has ₹470 to spend on lemons. One lemon costs ₹6. What is the greatest number of lemons Rohan can buy?
  21. 21.True or false: “paper cups” is a one-time cost. (a) False (b) True
  22. 22.📒 One-time cost or running cost: paper cups? (a) a one-time cost (b) a running cost
  23. 23.Which of these is a running cost? (a) a cloth banner (b) a juicer (c) card paper (d) a folding table
  24. 24.Nisha has ₹440 to spend on packets of seeds. One packet of seeds costs ₹15. What is the greatest number of packets of seeds Nisha can buy?
  25. 25.True or false: “a folding table” is a one-time cost. (a) True (b) False
  26. 26.Vihaan has a budget of ₹400. The stock costs ₹160 and the stall fee is ₹260. Is the budget enough? (a) No (b) Yes
  27. 27.🔍 Which is the odd one out? (a) lemons (b) a cloth banner (c) card paper (d) sugar
  28. 28.Joseph has a budget of ₹800. The stock costs ₹150 and the stall fee is ₹660. Is the budget enough? (a) No (b) Yes
  29. 29.Saanvi plans to make 35 clay diyas. Each needs ₹4 of materials, and a banner costs ₹100 once. What total budget is needed (in ₹)?
  30. 30.Dev plans to make 43 glasses of chai. Each needs ₹3 of materials, and a banner costs ₹190 once. What total budget is needed (in ₹)?
  31. 31.📒 One-time cost or running cost: sugar? (a) a running cost (b) a one-time cost
  32. 32.True or false: “a price board” is a one-time cost. (a) False (b) True
  33. 33.Which of these is a one-time cost? (a) sugar (b) seeds and soil (c) a cash box (d) tea leaves and milk
  34. 34.Zoya has ₹120 to spend on packets of seeds. One packet of seeds costs ₹8. What is the greatest number of packets of seeds Zoya can buy?
  35. 35.Vihaan plans to make 36 painted pebbles. Each needs ₹2 of materials, and a banner costs ₹50 once. What total budget is needed (in ₹)?
  36. 36.🔍 Which is the odd one out? (a) a folding table (b) a cooler box (c) card paper (d) a cloth banner
  37. 37.🔍 Which is the odd one out? (a) seeds and soil (b) a price board (c) sugar (d) tea leaves and milk
  38. 38.Meera’s stall budget is ₹420. Sugar cost ₹30, ribbon cost ₹30 and seeds cost ₹140. How many rupees of the budget are left?
  39. 39.Diya has a budget of ₹600. The stock costs ₹190 and the stall fee is ₹450. Is the budget enough? (a) No (b) Yes
  40. 40.Ishaan has a budget of ₹900. The stock costs ₹280 and the stall fee is ₹630. Is the budget enough? (a) Yes (b) No

Answer key

  1. a folding table
  2. a one-time cost
  3. No
  4. ice
  5. a running cost
  6. a one-time cost
  7. True
  8. a cloth banner
  9. a cash box
  10. a folding table
  11. Yes
  12. 92
  13. False
  14. a juicer
  15. 35
  16. True
  17. a one-time cost
  18. 65
  19. False
  20. 78
  21. False
  22. a running cost
  23. card paper
  24. 29
  25. True
  26. No
  27. a cloth banner
  28. No
  29. 240
  30. 319
  31. a running cost
  32. True
  33. a cash box
  34. 15
  35. 122
  36. card paper
  37. a price board
  38. 220
  39. No
  40. No

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