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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 69 · 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) tea leaves and milk (b) ice (c) a folding table (d) paper cups
  2. 2.🔍 Which is the odd one out? (a) seeds and soil (b) lemons (c) a price board (d) tea leaves and milk
  3. 3.Kavya has a budget of ₹600. The stock costs ₹160 and the stall fee is ₹440. Is the budget enough? (a) Yes (b) No
  4. 4.Which of these is a running cost? (a) a cooler box (b) lemons (c) a cash box (d) a juicer
  5. 5.🔍 Which is the odd one out? (a) lemons (b) paper cups (c) sugar (d) a cloth banner
  6. 6.Which of these is a one-time cost? (a) sugar (b) a price board (c) paper cups (d) ice
  7. 7.Tara has a budget of ₹300. The stock costs ₹100 and the stall fee is ₹240. Is the budget enough? (a) No (b) Yes
  8. 8.Vihaan has a budget of ₹500. The stock costs ₹200 and the stall fee is ₹250. Is the budget enough? (a) Yes (b) No
  9. 9.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost
  10. 10.True or false: “seeds and soil” is a running cost. (a) False (b) True
  11. 11.🔍 Which is the odd one out? (a) a juicer (b) paper cups (c) a folding table (d) a cash box
  12. 12.Tara has a budget of ₹1000. The stock costs ₹280 and the stall fee is ₹690. Is the budget enough? (a) No (b) Yes
  13. 13.Joseph has a budget of ₹1000. The stock costs ₹380 and the stall fee is ₹650. Is the budget enough? (a) No (b) Yes
  14. 14.📒 One-time cost or running cost: seeds and soil? (a) a running cost (b) a one-time cost
  15. 15.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
  16. 16.Lakshmi has a budget of ₹600. The stock costs ₹60 and the stall fee is ₹580. Is the budget enough? (a) No (b) Yes
  17. 17.Kavya’s stall budget is ₹720. Paper cups cost ₹190, seeds cost ₹250 and a banner cost ₹220. How many rupees of the budget are left?
  18. 18.Ananya’s stall budget is ₹690. A banner cost ₹220, pots cost ₹70 and lemons cost ₹300. How many rupees of the budget are left?
  19. 19.True or false: “a price board” is a running cost. (a) False (b) True
  20. 20.🔍 Which is the odd one out? (a) a folding table (b) a cooler box (c) a juicer (d) ice
  21. 21.Vihaan’s stall budget is ₹990. A banner cost ₹210, lemons cost ₹270 and napkins cost ₹210. How many rupees of the budget are left?
  22. 22.📒 One-time cost or running cost: card paper? (a) a one-time cost (b) a running cost
  23. 23.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  24. 24.🔍 Which is the odd one out? (a) lemons (b) a cloth banner (c) a folding table (d) a price board
  25. 25.Gurpreet has ₹290 to spend on rolls of ribbon. One roll of ribbon costs ₹4. What is the greatest number of rolls of ribbon Gurpreet can buy?
  26. 26.Arjun has ₹170 to spend on rolls of ribbon. One roll of ribbon costs ₹5. What is the greatest number of rolls of ribbon Arjun can buy?
  27. 27.True or false: “ice” is a running cost. (a) False (b) True
  28. 28.🔍 Which is the odd one out? (a) card paper (b) a cash box (c) a folding table (d) a cloth banner
  29. 29.Meera has a budget of ₹900. The stock costs ₹240 and the stall fee is ₹660. Is the budget enough? (a) Yes (b) No
  30. 30.Which of these is a running cost? (a) paper cups (b) a price board (c) a juicer (d) a cooler box
  31. 31.Saanvi has ₹100 to spend on packs of cups. One pack of cups costs ₹10. What is the greatest number of packs of cups Saanvi can buy?
  32. 32.Ananya has a budget of ₹500. The stock costs ₹230 and the stall fee is ₹240. Is the budget enough? (a) No (b) Yes
  33. 33.Saanvi has ₹330 to spend on packets of seeds. One packet of seeds costs ₹6. What is the greatest number of packets of seeds Saanvi can buy?
  34. 34.True or false: “seeds and soil” is a one-time cost. (a) False (b) True
  35. 35.Farhan has a budget of ₹700. The stock costs ₹350 and the stall fee is ₹310. Is the budget enough? (a) Yes (b) No
  36. 36.True or false: “a cooler box” is a one-time cost. (a) False (b) True
  37. 37.Gurpreet has a budget of ₹500. The stock costs ₹100 and the stall fee is ₹350. Is the budget enough? (a) No (b) Yes
  38. 38.Nisha has ₹490 to spend on packets of seeds. One packet of seeds costs ₹15. What is the greatest number of packets of seeds Nisha can buy?
  39. 39.Diya has ₹180 to spend on packs of cups. One pack of cups costs ₹5. What is the greatest number of packs of cups Diya can buy?
  40. 40.Ishaan plans to make 39 fruit cups. Each needs ₹8 of materials, and a banner costs ₹80 once. What total budget is needed (in ₹)?

Answer key

  1. a folding table
  2. a price board
  3. Yes
  4. lemons
  5. a cloth banner
  6. a price board
  7. No
  8. Yes
  9. a one-time cost
  10. True
  11. paper cups
  12. Yes
  13. No
  14. a running cost
  15. a running cost
  16. No
  17. 60
  18. 100
  19. False
  20. ice
  21. 300
  22. a running cost
  23. a one-time cost
  24. lemons
  25. 72
  26. 34
  27. True
  28. card paper
  29. Yes
  30. paper cups
  31. 10
  32. Yes
  33. 55
  34. False
  35. Yes
  36. True
  37. Yes
  38. 32
  39. 36
  40. 392

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