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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 752 · 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) paper cups (b) card paper (c) seeds and soil (d) a folding table
  2. 2.Joseph’s stall budget is ₹340. A banner cost ₹60, card paper cost ₹80 and sugar cost ₹100. How many rupees of the budget are left?
  3. 3.True or false: “tea leaves and milk” is a one-time cost. (a) True (b) False
  4. 4.Which of these is a running cost? (a) a cash box (b) sugar (c) a cloth banner (d) a juicer
  5. 5.Saanvi’s stall budget is ₹710. Seeds cost ₹280, lemons cost ₹270 and card paper cost ₹150. How many rupees of the budget are left?
  6. 6.Arjun has ₹280 to spend on rolls of ribbon. One roll of ribbon costs ₹6. What is the greatest number of rolls of ribbon Arjun can buy?
  7. 7.🔍 Which is the odd one out? (a) seeds and soil (b) sugar (c) a cooler box (d) paper cups
  8. 8.True or false: “a juicer” is a running cost. (a) False (b) True
  9. 9.🔍 Which is the odd one out? (a) tea leaves and milk (b) a cash box (c) a cloth banner (d) a juicer
  10. 10.Which of these is a one-time cost? (a) a cloth banner (b) card paper (c) paper cups (d) lemons
  11. 11.🔍 Which is the odd one out? (a) sugar (b) tea leaves and milk (c) a cash box (d) lemons
  12. 12.Meera has ₹230 to spend on packets of seeds. One packet of seeds costs ₹5. What is the greatest number of packets of seeds Meera can buy?
  13. 13.True or false: “a cash box” is a running cost. (a) False (b) True
  14. 14.Kabir has ₹500 to spend on sheets of card paper. One sheet of card paper costs ₹5. What is the greatest number of sheets of card paper Kabir can buy?
  15. 15.Vihaan’s stall budget is ₹530. Card paper cost ₹180, seeds cost ₹270 and a price board cost ₹20. How many rupees of the budget are left?
  16. 16.Which of these is a running cost? (a) a folding table (b) a juicer (c) seeds and soil (d) a price board
  17. 17.🔍 Which is the odd one out? (a) a folding table (b) a cooler box (c) paper cups (d) a cloth banner
  18. 18.True or false: “a cash box” is a one-time cost. (a) False (b) True
  19. 19.🔍 Which is the odd one out? (a) a folding table (b) lemons (c) a juicer (d) a cloth banner
  20. 20.Riya’s stall budget is ₹670. Ribbon cost ₹100, card paper cost ₹250 and a banner cost ₹60. How many rupees of the budget are left?
  21. 21.True or false: “tea leaves and milk” is a running cost. (a) True (b) False
  22. 22.True or false: “sugar” is a running cost. (a) True (b) False
  23. 23.True or false: “a price board” is a running cost. (a) True (b) False
  24. 24.Which of these is a running cost? (a) a cooler box (b) a juicer (c) card paper (d) a folding table
  25. 25.📒 One-time cost or running cost: a cash box? (a) a one-time cost (b) a running cost
  26. 26.Farhan has a budget of ₹300. The stock costs ₹50 and the stall fee is ₹210. Is the budget enough? (a) Yes (b) No
  27. 27.True or false: “a cooler box” is a running cost. (a) False (b) True
  28. 28.True or false: “a cloth banner” is a one-time cost. (a) True (b) False
  29. 29.Saanvi has ₹300 to spend on packs of cups. One pack of cups costs ₹6. What is the greatest number of packs of cups Saanvi can buy?
  30. 30.Arjun plans to make 22 painted pebbles. Each needs ₹7 of materials, and a banner costs ₹260 once. What total budget is needed (in ₹)?
  31. 31.Nisha has a budget of ₹600. The stock costs ₹150 and the stall fee is ₹430. Is the budget enough? (a) No (b) Yes
  32. 32.🔍 Which is the odd one out? (a) sugar (b) paper cups (c) ice (d) a price board
  33. 33.Meera has a budget of ₹800. The stock costs ₹80 and the stall fee is ₹770. Is the budget enough? (a) Yes (b) No
  34. 34.Which of these is a running cost? (a) a cash box (b) a juicer (c) paper cups (d) a price board
  35. 35.Tara has ₹410 to spend on packs of cups. One pack of cups costs ₹6. What is the greatest number of packs of cups Tara can buy?
  36. 36.Ananya has ₹320 to spend on sheets of card paper. One sheet of card paper costs ₹8. What is the greatest number of sheets of card paper Ananya can buy?
  37. 37.Tara has a budget of ₹700. The stock costs ₹140 and the stall fee is ₹580. Is the budget enough? (a) No (b) Yes
  38. 38.True or false: “ice” is a running cost. (a) True (b) False
  39. 39.Which of these is a one-time cost? (a) a juicer (b) tea leaves and milk (c) seeds and soil (d) ice
  40. 40.Saanvi’s stall budget is ₹390. Ribbon cost ₹110, a banner cost ₹220 and a price board cost ₹40. How many rupees of the budget are left?

Answer key

  1. a folding table
  2. 100
  3. False
  4. sugar
  5. 10
  6. 46
  7. a cooler box
  8. False
  9. tea leaves and milk
  10. a cloth banner
  11. a cash box
  12. 46
  13. False
  14. 100
  15. 60
  16. seeds and soil
  17. paper cups
  18. True
  19. lemons
  20. 260
  21. True
  22. True
  23. False
  24. card paper
  25. a one-time cost
  26. Yes
  27. False
  28. True
  29. 50
  30. 414
  31. Yes
  32. a price board
  33. No
  34. paper cups
  35. 68
  36. 40
  37. No
  38. True
  39. a juicer
  40. 20

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