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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 56 · 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.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
  2. 2.Which of these is a one-time cost? (a) a price board (b) ice (c) seeds and soil (d) card paper
  3. 3.True or false: “sugar” is a one-time cost. (a) True (b) False
  4. 4.Lakshmi’s stall budget is ₹650. Lemons cost ₹290, card paper cost ₹80 and sugar cost ₹220. How many rupees of the budget are left?
  5. 5.True or false: “a folding table” is a one-time cost. (a) False (b) True
  6. 6.🔍 Which is the odd one out? (a) lemons (b) a price board (c) seeds and soil (d) tea leaves and milk
  7. 7.True or false: “a price board” is a one-time cost. (a) False (b) True
  8. 8.True or false: “a cash box” is a running cost. (a) True (b) False
  9. 9.🔍 Which is the odd one out? (a) a juicer (b) a cash box (c) seeds and soil (d) a cloth banner
  10. 10.🔍 Which is the odd one out? (a) a cooler box (b) seeds and soil (c) lemons (d) card paper
  11. 11.Ishaan has ₹430 to spend on lemons. One lemon costs ₹5. What is the greatest number of lemons Ishaan can buy?
  12. 12.📒 One-time cost or running cost: card paper? (a) a one-time cost (b) a running cost
  13. 13.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  14. 14.Dev has ₹60 to spend on sheets of card paper. One sheet of card paper costs ₹20. What is the greatest number of sheets of card paper Dev can buy?
  15. 15.Diya has a budget of ₹900. The stock costs ₹280 and the stall fee is ₹640. Is the budget enough? (a) No (b) Yes
  16. 16.🔍 Which is the odd one out? (a) paper cups (b) card paper (c) seeds and soil (d) a folding table
  17. 17.Which of these is a one-time cost? (a) paper cups (b) seeds and soil (c) a cloth banner (d) lemons
  18. 18.🔍 Which is the odd one out? (a) paper cups (b) lemons (c) a cash box (d) seeds and soil
  19. 19.Which of these is a running cost? (a) a cooler box (b) lemons (c) a cloth banner (d) a cash box
  20. 20.Dev plans to make 16 potted plants. Each needs ₹5 of materials, and a banner costs ₹80 once. What total budget is needed (in ₹)?
  21. 21.Kabir has a budget of ₹800. The stock costs ₹150 and the stall fee is ₹650. Is the budget enough? (a) No (b) Yes
  22. 22.True or false: “seeds and soil” is a running cost. (a) False (b) True
  23. 23.🔍 Which is the odd one out? (a) sugar (b) lemons (c) a juicer (d) paper cups
  24. 24.Diya has ₹420 to spend on sheets of card paper. One sheet of card paper costs ₹10. What is the greatest number of sheets of card paper Diya can buy?
  25. 25.Arjun has a budget of ₹600. The stock costs ₹90 and the stall fee is ₹520. Is the budget enough? (a) No (b) Yes
  26. 26.📒 One-time cost or running cost: sugar? (a) a running cost (b) a one-time cost
  27. 27.📒 One-time cost or running cost: ice? (a) a one-time cost (b) a running cost
  28. 28.Aarav’s stall budget is ₹580. A price board cost ₹220, sugar cost ₹90 and seeds cost ₹190. How many rupees of the budget are left?
  29. 29.📒 One-time cost or running cost: paper cups? (a) a running cost (b) a one-time cost
  30. 30.Meera’s stall budget is ₹740. Napkins cost ₹290, ribbon cost ₹200 and paper cups cost ₹210. How many rupees of the budget are left?
  31. 31.Joseph’s stall budget is ₹300. A banner cost ₹140, a price board cost ₹100 and seeds cost ₹20. How many rupees of the budget are left?
  32. 32.Arjun’s stall budget is ₹310. Pots cost ₹30, paper cups cost ₹130 and seeds cost ₹90. How many rupees of the budget are left?
  33. 33.Nisha has a budget of ₹900. The stock costs ₹310 and the stall fee is ₹620. Is the budget enough? (a) Yes (b) No
  34. 34.Which of these is a one-time cost? (a) paper cups (b) a juicer (c) ice (d) lemons
  35. 35.Nisha has ₹170 to spend on packs of cups. One pack of cups costs ₹6. What is the greatest number of packs of cups Nisha can buy?
  36. 36.Zoya has a budget of ₹300. The stock costs ₹120 and the stall fee is ₹220. Is the budget enough? (a) No (b) Yes
  37. 37.True or false: “a cloth banner” is a running cost. (a) False (b) True
  38. 38.Which of these is a one-time cost? (a) paper cups (b) sugar (c) lemons (d) a folding table
  39. 39.Kavya’s stall budget is ₹830. Paper cups cost ₹100, a price board cost ₹220 and ribbon cost ₹250. How many rupees of the budget are left?
  40. 40.📒 One-time cost or running cost: seeds and soil? (a) a running cost (b) a one-time cost

Answer key

  1. a running cost
  2. a price board
  3. False
  4. 60
  5. True
  6. a price board
  7. True
  8. False
  9. seeds and soil
  10. a cooler box
  11. 86
  12. a running cost
  13. a one-time cost
  14. 3
  15. No
  16. a folding table
  17. a cloth banner
  18. a cash box
  19. lemons
  20. 160
  21. Yes
  22. True
  23. a juicer
  24. 42
  25. No
  26. a running cost
  27. a running cost
  28. 80
  29. a running cost
  30. 40
  31. 40
  32. 60
  33. No
  34. a juicer
  35. 28
  36. No
  37. False
  38. a folding table
  39. 260
  40. a running cost

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