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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 68 · 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.True or false: “ice” is a running cost. (a) True (b) False
  2. 2.Joseph’s stall budget is ₹1040. Lemons cost ₹290, sugar cost ₹300 and pots cost ₹190. How many rupees of the budget are left?
  3. 3.Arjun has ₹360 to spend on sheets of card paper. One sheet of card paper costs ₹20. What is the greatest number of sheets of card paper Arjun can buy?
  4. 4.Meera has a budget of ₹800. The stock costs ₹70 and the stall fee is ₹730. Is the budget enough? (a) Yes (b) No
  5. 5.Kabir has ₹350 to spend on lemons. One lemon costs ₹15. What is the greatest number of lemons Kabir can buy?
  6. 6.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
  7. 7.Which of these is a one-time cost? (a) tea leaves and milk (b) sugar (c) seeds and soil (d) a cash box
  8. 8.True or false: “card paper” is a one-time cost. (a) False (b) True
  9. 9.Which of these is a running cost? (a) a cash box (b) tea leaves and milk (c) a cloth banner (d) a price board
  10. 10.📒 One-time cost or running cost: a price board? (a) a one-time cost (b) a running cost
  11. 11.🔍 Which is the odd one out? (a) seeds and soil (b) a cloth banner (c) ice (d) card paper
  12. 12.📒 One-time cost or running cost: paper cups? (a) a running cost (b) a one-time cost
  13. 13.🔍 Which is the odd one out? (a) a price board (b) a cooler box (c) card paper (d) a cloth banner
  14. 14.🔍 Which is the odd one out? (a) tea leaves and milk (b) a cash box (c) lemons (d) seeds and soil
  15. 15.Which of these is a running cost? (a) a cooler box (b) lemons (c) a cash box (d) a juicer
  16. 16.True or false: “a folding table” is a one-time cost. (a) True (b) False
  17. 17.📒 One-time cost or running cost: lemons? (a) a one-time cost (b) a running cost
  18. 18.Rohan plans to make 24 jute bags. Each needs ₹8 of materials, and a banner costs ₹220 once. What total budget is needed (in ₹)?
  19. 19.Joseph has ₹240 to spend on packs of cups. One pack of cups costs ₹5. What is the greatest number of packs of cups Joseph can buy?
  20. 20.Farhan plans to make 46 clay diyas. Each needs ₹4 of materials, and a banner costs ₹190 once. What total budget is needed (in ₹)?
  21. 21.True or false: “a juicer” is a one-time cost. (a) False (b) True
  22. 22.🔍 Which is the odd one out? (a) paper cups (b) lemons (c) tea leaves and milk (d) a price board
  23. 23.Tara has a budget of ₹700. The stock costs ₹230 and the stall fee is ₹430. Is the budget enough? (a) Yes (b) No
  24. 24.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
  25. 25.Which of these is a running cost? (a) a cloth banner (b) a juicer (c) ice (d) a price board
  26. 26.True or false: “paper cups” is a running cost. (a) True (b) False
  27. 27.Aarav has a budget of ₹1000. The stock costs ₹320 and the stall fee is ₹700. Is the budget enough? (a) No (b) Yes
  28. 28.Arjun has ₹160 to spend on packs of cups. One pack of cups costs ₹12. What is the greatest number of packs of cups Arjun can buy?
  29. 29.True or false: “a price board” is a one-time cost. (a) False (b) True
  30. 30.Saanvi plans to make 27 glasses of chai. Each needs ₹6 of materials, and a banner costs ₹240 once. What total budget is needed (in ₹)?
  31. 31.🔍 Which is the odd one out? (a) a price board (b) a cooler box (c) a folding table (d) seeds and soil
  32. 32.Aarav has ₹400 to spend on sheets of card paper. One sheet of card paper costs ₹4. What is the greatest number of sheets of card paper Aarav can buy?
  33. 33.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
  34. 34.📒 One-time cost or running cost: a cloth banner? (a) a one-time cost (b) a running cost
  35. 35.Joseph’s stall budget is ₹800. Card paper cost ₹200, sugar cost ₹290 and seeds cost ₹30. How many rupees of the budget are left?
  36. 36.Aarav’s stall budget is ₹570. Ribbon cost ₹260, lemons cost ₹40 and sugar cost ₹80. How many rupees of the budget are left?
  37. 37.Which of these is a one-time cost? (a) paper cups (b) card paper (c) a folding table (d) lemons
  38. 38.Rohan has a budget of ₹500. The stock costs ₹210 and the stall fee is ₹330. Is the budget enough? (a) No (b) Yes
  39. 39.Ananya’s stall budget is ₹910. A price board cost ₹240, napkins cost ₹240 and lemons cost ₹210. How many rupees of the budget are left?
  40. 40.📒 One-time cost or running cost: ice? (a) a running cost (b) a one-time cost

Answer key

  1. True
  2. 260
  3. 18
  4. Yes
  5. 23
  6. a one-time cost
  7. a cash box
  8. False
  9. tea leaves and milk
  10. a one-time cost
  11. a cloth banner
  12. a running cost
  13. card paper
  14. a cash box
  15. lemons
  16. True
  17. a running cost
  18. 412
  19. 48
  20. 374
  21. True
  22. a price board
  23. Yes
  24. a running cost
  25. ice
  26. True
  27. No
  28. 13
  29. True
  30. 402
  31. seeds and soil
  32. 100
  33. a one-time cost
  34. a one-time cost
  35. 280
  36. 190
  37. a folding table
  38. No
  39. 220
  40. a running cost

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