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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 668 · 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) a cloth banner (b) a cash box (c) a price board (d) lemons
  2. 2.Vihaan’s stall budget is ₹900. A price board cost ₹300, a banner cost ₹290 and card paper cost ₹30. How many rupees of the budget are left?
  3. 3.Which of these is a one-time cost? (a) card paper (b) ice (c) a cash box (d) lemons
  4. 4.Joseph plans to make 30 cups of lemonade. Each needs ₹8 of materials, and a banner costs ₹280 once. What total budget is needed (in ₹)?
  5. 5.Vihaan has ₹390 to spend on sheets of card paper. One sheet of card paper costs ₹15. What is the greatest number of sheets of card paper Vihaan can buy?
  6. 6.🔍 Which is the odd one out? (a) a cash box (b) seeds and soil (c) ice (d) card paper
  7. 7.Which of these is a running cost? (a) tea leaves and milk (b) a cash box (c) a price board (d) a cooler box
  8. 8.Which of these is a running cost? (a) a cloth banner (b) paper cups (c) a juicer (d) a cooler box
  9. 9.Ananya has a budget of ₹1000. The stock costs ₹320 and the stall fee is ₹640. Is the budget enough? (a) No (b) Yes
  10. 10.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  11. 11.Rohan has a budget of ₹700. The stock costs ₹130 and the stall fee is ₹520. Is the budget enough? (a) Yes (b) No
  12. 12.📒 One-time cost or running cost: seeds and soil? (a) a running cost (b) a one-time cost
  13. 13.Meera has a budget of ₹500. The stock costs ₹190 and the stall fee is ₹360. Is the budget enough? (a) No (b) Yes
  14. 14.Lakshmi has a budget of ₹400. The stock costs ₹140 and the stall fee is ₹230. Is the budget enough? (a) No (b) Yes
  15. 15.True or false: “lemons” is a one-time cost. (a) True (b) False
  16. 16.🔍 Which is the odd one out? (a) ice (b) seeds and soil (c) a price board (d) sugar
  17. 17.📒 One-time cost or running cost: card paper? (a) a one-time cost (b) a running cost
  18. 18.Vihaan’s stall budget is ₹670. Ribbon cost ₹230, lemons cost ₹150 and a price board cost ₹190. How many rupees of the budget are left?
  19. 19.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
  20. 20.True or false: “sugar” is a one-time cost. (a) False (b) True
  21. 21.Ananya has ₹450 to spend on lemons. One lemon costs ₹6. What is the greatest number of lemons Ananya can buy?
  22. 22.True or false: “a folding table” is a one-time cost. (a) False (b) True
  23. 23.Tara’s stall budget is ₹630. Pots cost ₹270, seeds cost ₹80 and sugar cost ₹110. How many rupees of the budget are left?
  24. 24.🔍 Which is the odd one out? (a) paper cups (b) a folding table (c) a cloth banner (d) a juicer
  25. 25.Aarav’s stall budget is ₹690. Ribbon cost ₹100, a banner cost ₹270 and paper cups cost ₹20. How many rupees of the budget are left?
  26. 26.True or false: “card paper” is a one-time cost. (a) False (b) True
  27. 27.Which of these is a running cost? (a) a cash box (b) lemons (c) a folding table (d) a juicer
  28. 28.True or false: “a cooler box” is a one-time cost. (a) False (b) True
  29. 29.Which of these is a one-time cost? (a) seeds and soil (b) a folding table (c) lemons (d) sugar
  30. 30.Vihaan has a budget of ₹500. The stock costs ₹90 and the stall fee is ₹410. Is the budget enough? (a) No (b) Yes
  31. 31.🔍 Which is the odd one out? (a) a price board (b) tea leaves and milk (c) a folding table (d) a cloth banner
  32. 32.True or false: “a price board” is a running cost. (a) False (b) True
  33. 33.True or false: “ice” is a running cost. (a) True (b) False
  34. 34.🔍 Which is the odd one out? (a) a folding table (b) a cloth banner (c) a cash box (d) ice
  35. 35.Meera plans to make 13 potted plants. Each needs ₹4 of materials, and a banner costs ₹300 once. What total budget is needed (in ₹)?
  36. 36.Meera has ₹380 to spend on packets of seeds. One packet of seeds costs ₹15. What is the greatest number of packets of seeds Meera can buy?
  37. 37.Rohan has a budget of ₹800. The stock costs ₹140 and the stall fee is ₹710. Is the budget enough? (a) Yes (b) No
  38. 38.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
  39. 39.Farhan plans to make 27 painted pebbles. Each needs ₹2 of materials, and a banner costs ₹150 once. What total budget is needed (in ₹)?
  40. 40.Tara’s stall budget is ₹540. Lemons cost ₹70, pots cost ₹300 and sugar cost ₹160. How many rupees of the budget are left?

Answer key

  1. lemons
  2. 280
  3. a cash box
  4. 520
  5. 26
  6. a cash box
  7. tea leaves and milk
  8. paper cups
  9. Yes
  10. a one-time cost
  11. Yes
  12. a running cost
  13. No
  14. Yes
  15. False
  16. a price board
  17. a running cost
  18. 100
  19. a one-time cost
  20. False
  21. 75
  22. True
  23. 170
  24. paper cups
  25. 300
  26. False
  27. lemons
  28. True
  29. a folding table
  30. Yes
  31. tea leaves and milk
  32. False
  33. True
  34. ice
  35. 352
  36. 25
  37. No
  38. a running cost
  39. 204
  40. 10

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