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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 609 · 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 running cost (b) a one-time cost
  2. 2.True or false: “a cooler box” is a one-time cost. (a) False (b) True
  3. 3.🔍 Which is the odd one out? (a) a cash box (b) ice (c) a price board (d) a folding table
  4. 4.Kabir’s stall budget is ₹940. Paper cups cost ₹280, napkins cost ₹290 and pots cost ₹300. How many rupees of the budget are left?
  5. 5.Nisha has a budget of ₹500. The stock costs ₹240 and the stall fee is ₹230. Is the budget enough? (a) Yes (b) No
  6. 6.Vihaan has ₹270 to spend on packets of seeds. One packet of seeds costs ₹8. What is the greatest number of packets of seeds Vihaan can buy?
  7. 7.True or false: “tea leaves and milk” is a one-time cost. (a) False (b) True
  8. 8.Rohan’s stall budget is ₹640. Sugar cost ₹130, a banner cost ₹200 and ribbon cost ₹70. How many rupees of the budget are left?
  9. 9.True or false: “a juicer” is a one-time cost. (a) False (b) True
  10. 10.Joseph plans to make 12 cupcakes. Each needs ₹2 of materials, and a banner costs ₹250 once. What total budget is needed (in ₹)?
  11. 11.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost
  12. 12.Arjun plans to make 29 clay diyas. Each needs ₹10 of materials, and a banner costs ₹280 once. What total budget is needed (in ₹)?
  13. 13.📒 One-time cost or running cost: a cash box? (a) a one-time cost (b) a running cost
  14. 14.Gurpreet has a budget of ₹300. The stock costs ₹80 and the stall fee is ₹190. Is the budget enough? (a) No (b) Yes
  15. 15.Arjun has ₹280 to spend on packs of cups. One pack of cups costs ₹20. What is the greatest number of packs of cups Arjun can buy?
  16. 16.🔍 Which is the odd one out? (a) sugar (b) a cloth banner (c) a juicer (d) a folding table
  17. 17.True or false: “card paper” is a one-time cost. (a) False (b) True
  18. 18.Arjun’s stall budget is ₹800. A price board cost ₹240, seeds cost ₹90 and sugar cost ₹280. How many rupees of the budget are left?
  19. 19.True or false: “a cloth banner” is a one-time cost. (a) False (b) True
  20. 20.🔍 Which is the odd one out? (a) seeds and soil (b) card paper (c) a price board (d) ice
  21. 21.Zoya has ₹310 to spend on packets of seeds. One packet of seeds costs ₹15. What is the greatest number of packets of seeds Zoya can buy?
  22. 22.Vihaan has ₹190 to spend on lemons. One lemon costs ₹20. What is the greatest number of lemons Vihaan can buy?
  23. 23.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
  24. 24.Dev’s stall budget is ₹510. Card paper cost ₹80, a price board cost ₹100 and paper cups cost ₹120. How many rupees of the budget are left?
  25. 25.🔍 Which is the odd one out? (a) card paper (b) tea leaves and milk (c) a folding table (d) sugar
  26. 26.Rohan has ₹110 to spend on packets of seeds. One packet of seeds costs ₹6. What is the greatest number of packets of seeds Rohan can buy?
  27. 27.Aarav plans to make 47 paper bookmarks. Each needs ₹5 of materials, and a banner costs ₹260 once. What total budget is needed (in ₹)?
  28. 28.Which of these is a running cost? (a) ice (b) a price board (c) a folding table (d) a juicer
  29. 29.Dev’s stall budget is ₹700. Lemons cost ₹240, ribbon cost ₹90 and paper cups cost ₹80. How many rupees of the budget are left?
  30. 30.Kabir plans to make 50 painted pebbles. Each needs ₹4 of materials, and a banner costs ₹110 once. What total budget is needed (in ₹)?
  31. 31.Vihaan has a budget of ₹600. The stock costs ₹220 and the stall fee is ₹430. Is the budget enough? (a) No (b) Yes
  32. 32.Tara’s stall budget is ₹590. Sugar cost ₹70, a price board cost ₹190 and paper cups cost ₹90. How many rupees of the budget are left?
  33. 33.Which of these is a running cost? (a) card paper (b) a folding table (c) a cloth banner (d) a price board
  34. 34.True or false: “a juicer” is a running cost. (a) False (b) True
  35. 35.Which of these is a running cost? (a) a cloth banner (b) a juicer (c) lemons (d) a folding table
  36. 36.Aarav has ₹370 to spend on packets of seeds. One packet of seeds costs ₹8. What is the greatest number of packets of seeds Aarav can buy?
  37. 37.Vihaan has a budget of ₹800. The stock costs ₹390 and the stall fee is ₹450. Is the budget enough? (a) Yes (b) No
  38. 38.🔍 Which is the odd one out? (a) a juicer (b) a price board (c) a folding table (d) card paper
  39. 39.Which of these is a running cost? (a) a cloth banner (b) a juicer (c) a price board (d) seeds and soil
  40. 40.Riya’s stall budget is ₹630. Seeds cost ₹100, a banner cost ₹100 and card paper cost ₹190. How many rupees of the budget are left?

Answer key

  1. a running cost
  2. True
  3. ice
  4. 70
  5. Yes
  6. 33
  7. False
  8. 240
  9. True
  10. 274
  11. a one-time cost
  12. 570
  13. a one-time cost
  14. Yes
  15. 14
  16. sugar
  17. False
  18. 190
  19. True
  20. a price board
  21. 20
  22. 9
  23. a one-time cost
  24. 210
  25. a folding table
  26. 18
  27. 495
  28. ice
  29. 290
  30. 310
  31. No
  32. 240
  33. card paper
  34. False
  35. lemons
  36. 46
  37. No
  38. card paper
  39. seeds and soil
  40. 240

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