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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 721 · 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 of these is a one-time cost? (a) seeds and soil (b) card paper (c) sugar (d) a cooler box
  2. 2.🔍 Which is the odd one out? (a) a folding table (b) a juicer (c) card paper (d) a cloth banner
  3. 3.Tara plans to make 19 handmade cards. Each needs ₹6 of materials, and a banner costs ₹120 once. What total budget is needed (in ₹)?
  4. 4.Joseph has a budget of ₹400. The stock costs ₹60 and the stall fee is ₹370. Is the budget enough? (a) No (b) Yes
  5. 5.Kavya’s stall budget is ₹810. A banner cost ₹300, paper cups cost ₹190 and a price board cost ₹110. How many rupees of the budget are left?
  6. 6.True or false: “paper cups” is a one-time cost. (a) True (b) False
  7. 7.📒 One-time cost or running cost: sugar? (a) a one-time cost (b) a running cost
  8. 8.🔍 Which is the odd one out? (a) card paper (b) a cloth banner (c) sugar (d) ice
  9. 9.🔍 Which is the odd one out? (a) ice (b) a cooler box (c) a cash box (d) a price board
  10. 10.📒 One-time cost or running cost: paper cups? (a) a one-time cost (b) a running cost
  11. 11.Diya has a budget of ₹1000. The stock costs ₹80 and the stall fee is ₹910. Is the budget enough? (a) Yes (b) No
  12. 12.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  13. 13.True or false: “ice” is a running cost. (a) False (b) True
  14. 14.Dev’s stall budget is ₹700. Sugar cost ₹250, napkins cost ₹200 and ribbon cost ₹80. How many rupees of the budget are left?
  15. 15.True or false: “a cloth banner” is a running cost. (a) False (b) True
  16. 16.Which of these is a one-time cost? (a) paper cups (b) a folding table (c) lemons (d) card paper
  17. 17.Gurpreet has ₹150 to spend on sheets of card paper. One sheet of card paper costs ₹5. What is the greatest number of sheets of card paper Gurpreet can buy?
  18. 18.🔍 Which is the odd one out? (a) a cash box (b) a juicer (c) sugar (d) a price board
  19. 19.Nisha’s stall budget is ₹430. Card paper cost ₹110, sugar cost ₹20 and paper cups cost ₹80. How many rupees of the budget are left?
  20. 20.🔍 Which is the odd one out? (a) paper cups (b) lemons (c) tea leaves and milk (d) a juicer
  21. 21.🔍 Which is the odd one out? (a) a folding table (b) paper cups (c) a cash box (d) a juicer
  22. 22.Nisha has ₹310 to spend on packets of seeds. One packet of seeds costs ₹15. What is the greatest number of packets of seeds Nisha can buy?
  23. 23.📒 One-time cost or running cost: seeds and soil? (a) a running cost (b) a one-time cost
  24. 24.Which of these is a one-time cost? (a) lemons (b) paper cups (c) sugar (d) a juicer
  25. 25.📒 One-time cost or running cost: lemons? (a) a one-time cost (b) a running cost
  26. 26.Saanvi’s stall budget is ₹410. Pots cost ₹120, lemons cost ₹30 and paper cups cost ₹180. How many rupees of the budget are left?
  27. 27.📒 One-time cost or running cost: card paper? (a) a running cost (b) a one-time cost
  28. 28.Which of these is a running cost? (a) a cash box (b) a cloth banner (c) a folding table (d) ice
  29. 29.True or false: “paper cups” is a running cost. (a) False (b) True
  30. 30.Which of these is a running cost? (a) a cooler box (b) a juicer (c) card paper (d) a cash box
  31. 31.Which of these is a running cost? (a) a folding table (b) a price board (c) a juicer (d) lemons
  32. 32.Which of these is a one-time cost? (a) tea leaves and milk (b) sugar (c) ice (d) a cloth banner
  33. 33.Aarav has a budget of ₹800. The stock costs ₹370 and the stall fee is ₹440. Is the budget enough? (a) Yes (b) No
  34. 34.Gurpreet has ₹470 to spend on packs of cups. One pack of cups costs ₹20. What is the greatest number of packs of cups Gurpreet can buy?
  35. 35.Arjun has a budget of ₹900. The stock costs ₹250 and the stall fee is ₹660. Is the budget enough? (a) No (b) Yes
  36. 36.📒 One-time cost or running cost: tea leaves and milk? (a) a running cost (b) a one-time cost
  37. 37.True or false: “a cooler box” is a one-time cost. (a) True (b) False
  38. 38.Kavya has ₹360 to spend on packets of seeds. One packet of seeds costs ₹6. What is the greatest number of packets of seeds Kavya can buy?
  39. 39.Diya has a budget of ₹700. The stock costs ₹110 and the stall fee is ₹570. Is the budget enough? (a) Yes (b) No
  40. 40.🔍 Which is the odd one out? (a) seeds and soil (b) a cloth banner (c) a price board (d) a cash box

Answer key

  1. a cooler box
  2. card paper
  3. 234
  4. No
  5. 210
  6. False
  7. a running cost
  8. a cloth banner
  9. ice
  10. a running cost
  11. Yes
  12. a one-time cost
  13. True
  14. 170
  15. False
  16. a folding table
  17. 30
  18. sugar
  19. 220
  20. a juicer
  21. paper cups
  22. 20
  23. a running cost
  24. a juicer
  25. a running cost
  26. 80
  27. a running cost
  28. ice
  29. True
  30. card paper
  31. lemons
  32. a cloth banner
  33. No
  34. 23
  35. No
  36. a running cost
  37. True
  38. 60
  39. Yes
  40. seeds and soil

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