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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 586 · 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: ice? (a) a one-time cost (b) a running cost
  2. 2.🔍 Which is the odd one out? (a) a cooler box (b) seeds and soil (c) a price board (d) a juicer
  3. 3.📒 One-time cost or running cost: sugar? (a) a running cost (b) a one-time cost
  4. 4.True or false: “a folding table” is a one-time cost. (a) False (b) True
  5. 5.Rohan has a budget of ₹600. The stock costs ₹110 and the stall fee is ₹440. Is the budget enough? (a) No (b) Yes
  6. 6.📒 One-time cost or running cost: tea leaves and milk? (a) a running cost (b) a one-time cost
  7. 7.Aarav’s stall budget is ₹550. Sugar cost ₹200, napkins cost ₹20 and seeds cost ₹90. How many rupees of the budget are left?
  8. 8.True or false: “a cloth banner” is a one-time cost. (a) False (b) True
  9. 9.🔍 Which is the odd one out? (a) a cash box (b) a cooler box (c) a folding table (d) paper cups
  10. 10.🔍 Which is the odd one out? (a) a cloth banner (b) tea leaves and milk (c) card paper (d) seeds and soil
  11. 11.Diya plans to make 17 handmade cards. Each needs ₹3 of materials, and a banner costs ₹220 once. What total budget is needed (in ₹)?
  12. 12.Which of these is a one-time cost? (a) card paper (b) paper cups (c) a price board (d) lemons
  13. 13.Zoya has ₹100 to spend on packets of seeds. One packet of seeds costs ₹12. What is the greatest number of packets of seeds Zoya can buy?
  14. 14.Rohan has a budget of ₹1000. The stock costs ₹350 and the stall fee is ₹630. Is the budget enough? (a) No (b) Yes
  15. 15.Rohan’s stall budget is ₹610. Lemons cost ₹170, a banner cost ₹220 and sugar cost ₹110. How many rupees of the budget are left?
  16. 16.Nisha has ₹250 to spend on lemons. One lemon costs ₹6. What is the greatest number of lemons Nisha can buy?
  17. 17.Which of these is a one-time cost? (a) ice (b) seeds and soil (c) a cooler box (d) card paper
  18. 18.Farhan has ₹310 to spend on sheets of card paper. One sheet of card paper costs ₹5. What is the greatest number of sheets of card paper Farhan can buy?
  19. 19.Saanvi’s stall budget is ₹640. Lemons cost ₹100, napkins cost ₹200 and pots cost ₹240. How many rupees of the budget are left?
  20. 20.🔍 Which is the odd one out? (a) a cloth banner (b) ice (c) a folding table (d) a cooler box
  21. 21.Lakshmi has ₹170 to spend on packs of cups. One pack of cups costs ₹12. What is the greatest number of packs of cups Lakshmi can buy?
  22. 22.📒 One-time cost or running cost: paper cups? (a) a running cost (b) a one-time cost
  23. 23.Which of these is a running cost? (a) seeds and soil (b) a juicer (c) a folding table (d) a price board
  24. 24.Kavya’s stall budget is ₹800. Seeds cost ₹290, ribbon cost ₹200 and paper cups cost ₹20. How many rupees of the budget are left?
  25. 25.Rohan has a budget of ₹400. The stock costs ₹180 and the stall fee is ₹260. Is the budget enough? (a) No (b) Yes
  26. 26.True or false: “a cloth banner” is a running cost. (a) True (b) False
  27. 27.Meera’s stall budget is ₹490. Ribbon cost ₹80, a banner cost ₹50 and a price board cost ₹90. How many rupees of the budget are left?
  28. 28.True or false: “card paper” is a one-time cost. (a) True (b) False
  29. 29.Joseph plans to make 18 clay diyas. Each needs ₹4 of materials, and a banner costs ₹230 once. What total budget is needed (in ₹)?
  30. 30.Farhan has a budget of ₹1000. The stock costs ₹320 and the stall fee is ₹640. Is the budget enough? (a) Yes (b) No
  31. 31.Which of these is a running cost? (a) tea leaves and milk (b) a juicer (c) a folding table (d) a cash box
  32. 32.Joseph’s stall budget is ₹670. Lemons cost ₹260, a price board cost ₹300 and a banner cost ₹100. How many rupees of the budget are left?
  33. 33.Gurpreet has a budget of ₹800. The stock costs ₹140 and the stall fee is ₹660. Is the budget enough? (a) No (b) Yes
  34. 34.True or false: “seeds and soil” is a running cost. (a) True (b) False
  35. 35.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost
  36. 36.📒 One-time cost or running cost: seeds and soil? (a) a one-time cost (b) a running cost
  37. 37.Tara’s stall budget is ₹310. Card paper cost ₹80, seeds cost ₹130 and sugar cost ₹20. How many rupees of the budget are left?
  38. 38.Lakshmi’s stall budget is ₹400. Pots cost ₹30, ribbon cost ₹140 and card paper cost ₹90. How many rupees of the budget are left?
  39. 39.Kabir has ₹50 to spend on packets of seeds. One packet of seeds costs ₹15. What is the greatest number of packets of seeds Kabir can buy?
  40. 40.Vihaan has a budget of ₹300. The stock costs ₹50 and the stall fee is ₹230. Is the budget enough? (a) No (b) Yes

Answer key

  1. a running cost
  2. seeds and soil
  3. a running cost
  4. True
  5. Yes
  6. a running cost
  7. 240
  8. True
  9. paper cups
  10. a cloth banner
  11. 271
  12. a price board
  13. 8
  14. Yes
  15. 110
  16. 41
  17. a cooler box
  18. 62
  19. 100
  20. ice
  21. 14
  22. a running cost
  23. seeds and soil
  24. 290
  25. No
  26. False
  27. 270
  28. False
  29. 302
  30. Yes
  31. tea leaves and milk
  32. 10
  33. Yes
  34. True
  35. a one-time cost
  36. a running cost
  37. 80
  38. 140
  39. 3
  40. Yes

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