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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 694 · 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.Riya’s stall budget is ₹430. Napkins cost ₹30, a price board cost ₹30 and sugar cost ₹100. How many rupees of the budget are left?
  2. 2.Which of these is a running cost? (a) a cooler box (b) a juicer (c) paper cups (d) a cloth banner
  3. 3.Which of these is a one-time cost? (a) a cooler box (b) lemons (c) seeds and soil (d) card paper
  4. 4.Kabir has a budget of ₹1000. The stock costs ₹350 and the stall fee is ₹620. Is the budget enough? (a) No (b) Yes
  5. 5.Zoya has a budget of ₹1000. The stock costs ₹310 and the stall fee is ₹740. Is the budget enough? (a) No (b) Yes
  6. 6.Nisha’s stall budget is ₹680. Napkins cost ₹190, a price board cost ₹120 and a banner cost ₹120. How many rupees of the budget are left?
  7. 7.Diya’s stall budget is ₹370. Lemons cost ₹60, seeds cost ₹80 and card paper cost ₹50. How many rupees of the budget are left?
  8. 8.📒 One-time cost or running cost: ice? (a) a running cost (b) a one-time cost
  9. 9.Which of these is a one-time cost? (a) lemons (b) card paper (c) seeds and soil (d) a cash box
  10. 10.Which of these is a one-time cost? (a) tea leaves and milk (b) a juicer (c) ice (d) seeds and soil
  11. 11.Rohan plans to make 45 jute bags. Each needs ₹4 of materials, and a banner costs ₹110 once. What total budget is needed (in ₹)?
  12. 12.True or false: “a price board” is a running cost. (a) True (b) False
  13. 13.True or false: “a cloth banner” is a running cost. (a) False (b) True
  14. 14.🔍 Which is the odd one out? (a) seeds and soil (b) card paper (c) lemons (d) a cloth banner
  15. 15.Aarav has a budget of ₹600. The stock costs ₹260 and the stall fee is ₹310. Is the budget enough? (a) No (b) Yes
  16. 16.Rohan has a budget of ₹500. The stock costs ₹210 and the stall fee is ₹330. Is the budget enough? (a) Yes (b) No
  17. 17.True or false: “seeds and soil” is a running cost. (a) False (b) True
  18. 18.🔍 Which is the odd one out? (a) lemons (b) a cash box (c) paper cups (d) card paper
  19. 19.Kavya has ₹500 to spend on packs of cups. One pack of cups costs ₹5. What is the greatest number of packs of cups Kavya can buy?
  20. 20.Kavya has ₹240 to spend on sheets of card paper. One sheet of card paper costs ₹5. What is the greatest number of sheets of card paper Kavya can buy?
  21. 21.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost
  22. 22.Ananya’s stall budget is ₹400. A banner cost ₹100, pots cost ₹40 and a price board cost ₹250. How many rupees of the budget are left?
  23. 23.🔍 Which is the odd one out? (a) a cash box (b) a juicer (c) lemons (d) a cooler box
  24. 24.Saanvi has a budget of ₹400. The stock costs ₹80 and the stall fee is ₹270. Is the budget enough? (a) No (b) Yes
  25. 25.Riya’s stall budget is ₹550. A price board cost ₹200, a banner cost ₹160 and sugar cost ₹100. How many rupees of the budget are left?
  26. 26.📒 One-time cost or running cost: a cash box? (a) a one-time cost (b) a running cost
  27. 27.📒 One-time cost or running cost: lemons? (a) a running cost (b) a one-time cost
  28. 28.📒 One-time cost or running cost: sugar? (a) a one-time cost (b) a running cost
  29. 29.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  30. 30.Which of these is a running cost? (a) a juicer (b) sugar (c) a price board (d) a folding table
  31. 31.Kavya’s stall budget is ₹360. Napkins cost ₹50, pots cost ₹190 and a banner cost ₹20. How many rupees of the budget are left?
  32. 32.📒 One-time cost or running cost: card paper? (a) a one-time cost (b) a running cost
  33. 33.🔍 Which is the odd one out? (a) a cloth banner (b) a cash box (c) a juicer (d) card paper
  34. 34.Kabir has ₹160 to spend on packets of seeds. One packet of seeds costs ₹12. What is the greatest number of packets of seeds Kabir can buy?
  35. 35.🔍 Which is the odd one out? (a) lemons (b) ice (c) a price board (d) tea leaves and milk
  36. 36.Kabir plans to make 24 jute bags. Each needs ₹5 of materials, and a banner costs ₹190 once. What total budget is needed (in ₹)?
  37. 37.True or false: “ice” is a running cost. (a) False (b) True
  38. 38.Diya’s stall budget is ₹540. Lemons cost ₹260, sugar cost ₹120 and a price board cost ₹40. How many rupees of the budget are left?
  39. 39.True or false: “sugar” is a running cost. (a) False (b) True
  40. 40.🔍 Which is the odd one out? (a) a folding table (b) ice (c) a price board (d) a cloth banner

Answer key

  1. 270
  2. paper cups
  3. a cooler box
  4. Yes
  5. No
  6. 250
  7. 180
  8. a running cost
  9. a cash box
  10. a juicer
  11. 290
  12. False
  13. False
  14. a cloth banner
  15. Yes
  16. No
  17. True
  18. a cash box
  19. 100
  20. 48
  21. a one-time cost
  22. 10
  23. lemons
  24. Yes
  25. 90
  26. a one-time cost
  27. a running cost
  28. a running cost
  29. a one-time cost
  30. sugar
  31. 100
  32. a running cost
  33. card paper
  34. 13
  35. a price board
  36. 310
  37. True
  38. 120
  39. True
  40. ice

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