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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 687 · 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.Tara has a budget of ₹500. The stock costs ₹240 and the stall fee is ₹270. Is the budget enough? (a) Yes (b) No
  2. 2.Which of these is a one-time cost? (a) paper cups (b) a cash box (c) ice (d) card paper
  3. 3.Ananya has a budget of ₹900. The stock costs ₹440 and the stall fee is ₹440. Is the budget enough? (a) Yes (b) No
  4. 4.Which of these is a one-time cost? (a) a juicer (b) seeds and soil (c) paper cups (d) sugar
  5. 5.Zoya has a budget of ₹400. The stock costs ₹60 and the stall fee is ₹340. Is the budget enough? (a) No (b) Yes
  6. 6.Riya has a budget of ₹600. The stock costs ₹50 and the stall fee is ₹510. Is the budget enough? (a) No (b) Yes
  7. 7.Which of these is a running cost? (a) lemons (b) a cash box (c) a folding table (d) a cooler box
  8. 8.Which of these is a running cost? (a) a juicer (b) a cloth banner (c) a folding table (d) card paper
  9. 9.🔍 Which is the odd one out? (a) a folding table (b) a price board (c) a juicer (d) tea leaves and milk
  10. 10.🔍 Which is the odd one out? (a) sugar (b) lemons (c) paper cups (d) a cooler box
  11. 11.Lakshmi plans to make 37 cups of lemonade. Each needs ₹7 of materials, and a banner costs ₹60 once. What total budget is needed (in ₹)?
  12. 12.Lakshmi has a budget of ₹1000. The stock costs ₹460 and the stall fee is ₹560. Is the budget enough? (a) Yes (b) No
  13. 13.Gurpreet’s stall budget is ₹760. Card paper cost ₹290, pots cost ₹230 and sugar cost ₹90. How many rupees of the budget are left?
  14. 14.Kavya’s stall budget is ₹700. Paper cups cost ₹190, pots cost ₹120 and card paper cost ₹290. How many rupees of the budget are left?
  15. 15.Kabir has ₹490 to spend on rolls of ribbon. One roll of ribbon costs ₹5. What is the greatest number of rolls of ribbon Kabir can buy?
  16. 16.Rohan’s stall budget is ₹610. Pots cost ₹70, lemons cost ₹80 and card paper cost ₹190. How many rupees of the budget are left?
  17. 17.Which of these is a one-time cost? (a) a folding table (b) card paper (c) tea leaves and milk (d) paper cups
  18. 18.Kabir has a budget of ₹1000. The stock costs ₹390 and the stall fee is ₹650. Is the budget enough? (a) Yes (b) No
  19. 19.True or false: “card paper” is a one-time cost. (a) True (b) False
  20. 20.True or false: “sugar” is a running cost. (a) True (b) False
  21. 21.Which of these is a one-time cost? (a) seeds and soil (b) a cloth banner (c) paper cups (d) sugar
  22. 22.True or false: “seeds and soil” is a one-time cost. (a) False (b) True
  23. 23.True or false: “a juicer” is a running cost. (a) True (b) False
  24. 24.True or false: “lemons” is a one-time cost. (a) True (b) False
  25. 25.True or false: “lemons” is a running cost. (a) True (b) False
  26. 26.🔍 Which is the odd one out? (a) tea leaves and milk (b) ice (c) paper cups (d) a cash box
  27. 27.📒 One-time cost or running cost: card paper? (a) a one-time cost (b) a running cost
  28. 28.🔍 Which is the odd one out? (a) a cloth banner (b) seeds and soil (c) lemons (d) ice
  29. 29.Aarav plans to make 22 jute bags. Each needs ₹4 of materials, and a banner costs ₹110 once. What total budget is needed (in ₹)?
  30. 30.📒 One-time cost or running cost: sugar? (a) a running cost (b) a one-time cost
  31. 31.True or false: “a cooler box” is a one-time cost. (a) False (b) True
  32. 32.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  33. 33.Lakshmi has ₹420 to spend on rolls of ribbon. One roll of ribbon costs ₹4. What is the greatest number of rolls of ribbon Lakshmi can buy?
  34. 34.Which of these is a one-time cost? (a) ice (b) card paper (c) seeds and soil (d) a price board
  35. 35.🔍 Which is the odd one out? (a) paper cups (b) sugar (c) a juicer (d) lemons
  36. 36.Zoya has a budget of ₹300. The stock costs ₹100 and the stall fee is ₹210. Is the budget enough? (a) Yes (b) No
  37. 37.Joseph’s stall budget is ₹300. Pots cost ₹200, napkins cost ₹40 and paper cups cost ₹50. How many rupees of the budget are left?
  38. 38.📒 One-time cost or running cost: paper cups? (a) a running cost (b) a one-time cost
  39. 39.True or false: “sugar” is a one-time cost. (a) True (b) False
  40. 40.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost

Answer key

  1. No
  2. a cash box
  3. Yes
  4. a juicer
  5. Yes
  6. Yes
  7. lemons
  8. card paper
  9. tea leaves and milk
  10. a cooler box
  11. 319
  12. No
  13. 150
  14. 100
  15. 98
  16. 270
  17. a folding table
  18. No
  19. False
  20. True
  21. a cloth banner
  22. False
  23. False
  24. False
  25. True
  26. a cash box
  27. a running cost
  28. a cloth banner
  29. 198
  30. a running cost
  31. True
  32. a one-time cost
  33. 105
  34. a price board
  35. a juicer
  36. No
  37. 10
  38. a running cost
  39. False
  40. a one-time cost

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