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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 722 · 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: “card paper” is a running cost. (a) True (b) False
  2. 2.🔍 Which is the odd one out? (a) a juicer (b) a cooler box (c) tea leaves and milk (d) a price board
  3. 3.Which of these is a one-time cost? (a) seeds and soil (b) ice (c) lemons (d) a cooler box
  4. 4.True or false: “a price board” is a running cost. (a) False (b) True
  5. 5.Kavya has a budget of ₹300. The stock costs ₹50 and the stall fee is ₹210. Is the budget enough? (a) No (b) Yes
  6. 6.Which of these is a running cost? (a) a price board (b) a folding table (c) seeds and soil (d) a cooler box
  7. 7.Farhan plans to make 20 cups of lemonade. Each needs ₹6 of materials, and a banner costs ₹50 once. What total budget is needed (in ₹)?
  8. 8.📒 One-time cost or running cost: a cash box? (a) a one-time cost (b) a running cost
  9. 9.Arjun has a budget of ₹800. The stock costs ₹240 and the stall fee is ₹530. Is the budget enough? (a) No (b) Yes
  10. 10.🔍 Which is the odd one out? (a) a cash box (b) paper cups (c) a price board (d) a juicer
  11. 11.Meera has a budget of ₹700. The stock costs ₹50 and the stall fee is ₹630. Is the budget enough? (a) No (b) Yes
  12. 12.Ishaan has ₹170 to spend on packets of seeds. One packet of seeds costs ₹15. What is the greatest number of packets of seeds Ishaan can buy?
  13. 13.Ananya has a budget of ₹300. The stock costs ₹150 and the stall fee is ₹150. Is the budget enough? (a) No (b) Yes
  14. 14.📒 One-time cost or running cost: sugar? (a) a running cost (b) a one-time cost
  15. 15.Ananya’s stall budget is ₹700. Seeds cost ₹170, napkins cost ₹130 and paper cups cost ₹290. How many rupees of the budget are left?
  16. 16.Lakshmi has a budget of ₹300. The stock costs ₹80 and the stall fee is ₹180. Is the budget enough? (a) No (b) Yes
  17. 17.True or false: “a cooler box” is a running cost. (a) False (b) True
  18. 18.Saanvi has ₹330 to spend on sheets of card paper. One sheet of card paper costs ₹15. What is the greatest number of sheets of card paper Saanvi can buy?
  19. 19.📒 One-time cost or running cost: tea leaves and milk? (a) a running cost (b) a one-time cost
  20. 20.📒 One-time cost or running cost: lemons? (a) a one-time cost (b) a running cost
  21. 21.True or false: “sugar” is a running cost. (a) True (b) False
  22. 22.📒 One-time cost or running cost: a cloth banner? (a) a one-time cost (b) a running cost
  23. 23.Which of these is a running cost? (a) a cloth banner (b) a cash box (c) a price board (d) card paper
  24. 24.True or false: “seeds and soil” is a running cost. (a) True (b) False
  25. 25.True or false: “paper cups” is a running cost. (a) True (b) False
  26. 26.🔍 Which is the odd one out? (a) paper cups (b) card paper (c) a folding table (d) lemons
  27. 27.Ananya’s stall budget is ₹530. Napkins cost ₹110, sugar cost ₹260 and lemons cost ₹30. How many rupees of the budget are left?
  28. 28.Diya has ₹310 to spend on packets of seeds. One packet of seeds costs ₹20. What is the greatest number of packets of seeds Diya can buy?
  29. 29.Kabir’s stall budget is ₹420. A banner cost ₹20, paper cups cost ₹190 and lemons cost ₹170. How many rupees of the budget are left?
  30. 30.Diya’s stall budget is ₹350. Seeds cost ₹150, a banner cost ₹80 and napkins cost ₹50. How many rupees of the budget are left?
  31. 31.Which of these is a running cost? (a) a cooler box (b) a price board (c) a cloth banner (d) ice
  32. 32.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  33. 33.🔍 Which is the odd one out? (a) a folding table (b) lemons (c) a juicer (d) a cooler box
  34. 34.Kavya’s stall budget is ₹540. Napkins cost ₹120, card paper cost ₹140 and seeds cost ₹20. How many rupees of the budget are left?
  35. 35.Aarav has ₹480 to spend on packets of seeds. One packet of seeds costs ₹8. What is the greatest number of packets of seeds Aarav can buy?
  36. 36.Tara’s stall budget is ₹360. Napkins cost ₹50, card paper cost ₹160 and a price board cost ₹20. How many rupees of the budget are left?
  37. 37.Ananya has ₹280 to spend on packets of seeds. One packet of seeds costs ₹4. What is the greatest number of packets of seeds Ananya can buy?
  38. 38.Riya plans to make 16 glasses of chai. Each needs ₹6 of materials, and a banner costs ₹270 once. What total budget is needed (in ₹)?
  39. 39.Which of these is a one-time cost? (a) lemons (b) sugar (c) tea leaves and milk (d) a folding table
  40. 40.📒 One-time cost or running cost: ice? (a) a running cost (b) a one-time cost

Answer key

  1. True
  2. tea leaves and milk
  3. a cooler box
  4. False
  5. Yes
  6. seeds and soil
  7. 170
  8. a one-time cost
  9. Yes
  10. paper cups
  11. Yes
  12. 11
  13. Yes
  14. a running cost
  15. 110
  16. Yes
  17. False
  18. 22
  19. a running cost
  20. a running cost
  21. True
  22. a one-time cost
  23. card paper
  24. True
  25. True
  26. a folding table
  27. 130
  28. 15
  29. 40
  30. 70
  31. ice
  32. a one-time cost
  33. lemons
  34. 260
  35. 60
  36. 130
  37. 70
  38. 366
  39. a folding table
  40. a running cost

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