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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 777 · 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: “tea leaves and milk” is a one-time cost. (a) True (b) False
  2. 2.Which of these is a running cost? (a) tea leaves and milk (b) a price board (c) a cloth banner (d) a cooler box
  3. 3.True or false: “a cash box” is a running cost. (a) True (b) False
  4. 4.Joseph’s stall budget is ₹520. Pots cost ₹90, napkins cost ₹250 and paper cups cost ₹80. How many rupees of the budget are left?
  5. 5.🔍 Which is the odd one out? (a) lemons (b) a juicer (c) card paper (d) sugar
  6. 6.Aarav has ₹90 to spend on packets of seeds. One packet of seeds costs ₹20. What is the greatest number of packets of seeds Aarav can buy?
  7. 7.Rohan has a budget of ₹800. The stock costs ₹110 and the stall fee is ₹640. Is the budget enough? (a) Yes (b) No
  8. 8.📒 One-time cost or running cost: paper cups? (a) a running cost (b) a one-time cost
  9. 9.Which of these is a one-time cost? (a) lemons (b) paper cups (c) ice (d) a folding table
  10. 10.True or false: “tea leaves and milk” is a running cost. (a) False (b) True
  11. 11.🔍 Which is the odd one out? (a) a price board (b) a folding table (c) lemons (d) a cooler box
  12. 12.Which of these is a running cost? (a) a cloth banner (b) a cooler box (c) card paper (d) a price board
  13. 13.Diya plans to make 46 jute bags. Each needs ₹6 of materials, and a banner costs ₹80 once. What total budget is needed (in ₹)?
  14. 14.Tara’s stall budget is ₹710. Pots cost ₹260, paper cups cost ₹30 and lemons cost ₹260. How many rupees of the budget are left?
  15. 15.Ishaan has a budget of ₹300. The stock costs ₹90 and the stall fee is ₹170. Is the budget enough? (a) No (b) Yes
  16. 16.Which of these is a one-time cost? (a) lemons (b) card paper (c) tea leaves and milk (d) a cloth banner
  17. 17.Which of these is a running cost? (a) paper cups (b) a cloth banner (c) a cash box (d) a juicer
  18. 18.Which of these is a one-time cost? (a) sugar (b) paper cups (c) a juicer (d) ice
  19. 19.True or false: “a juicer” is a running cost. (a) True (b) False
  20. 20.Zoya has a budget of ₹500. The stock costs ₹190 and the stall fee is ₹350. Is the budget enough? (a) Yes (b) No
  21. 21.Diya plans to make 42 paper bookmarks. Each needs ₹10 of materials, and a banner costs ₹300 once. What total budget is needed (in ₹)?
  22. 22.True or false: “a cloth banner” is a running cost. (a) False (b) True
  23. 23.Which of these is a one-time cost? (a) a price board (b) lemons (c) ice (d) sugar
  24. 24.Dev’s stall budget is ₹550. A banner cost ₹240, lemons cost ₹90 and seeds cost ₹30. How many rupees of the budget are left?
  25. 25.Aarav’s stall budget is ₹610. Card paper cost ₹240, lemons cost ₹110 and napkins cost ₹130. How many rupees of the budget are left?
  26. 26.Rohan plans to make 17 friendship bands. Each needs ₹8 of materials, and a banner costs ₹130 once. What total budget is needed (in ₹)?
  27. 27.True or false: “lemons” is a one-time cost. (a) False (b) True
  28. 28.📒 One-time cost or running cost: a cash box? (a) a one-time cost (b) a running cost
  29. 29.🔍 Which is the odd one out? (a) a juicer (b) seeds and soil (c) a folding table (d) a price board
  30. 30.Riya has ₹230 to spend on sheets of card paper. One sheet of card paper costs ₹5. What is the greatest number of sheets of card paper Riya can buy?
  31. 31.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  32. 32.📒 One-time cost or running cost: tea leaves and milk? (a) a running cost (b) a one-time cost
  33. 33.Aarav has ₹260 to spend on lemons. One lemon costs ₹12. What is the greatest number of lemons Aarav can buy?
  34. 34.Lakshmi’s stall budget is ₹630. Ribbon cost ₹110, paper cups cost ₹120 and pots cost ₹150. How many rupees of the budget are left?
  35. 35.Aarav has ₹210 to spend on lemons. One lemon costs ₹5. What is the greatest number of lemons Aarav can buy?
  36. 36.Gurpreet has a budget of ₹1000. The stock costs ₹110 and the stall fee is ₹850. Is the budget enough? (a) No (b) Yes
  37. 37.🔍 Which is the odd one out? (a) a juicer (b) a folding table (c) a price board (d) ice
  38. 38.🔍 Which is the odd one out? (a) sugar (b) tea leaves and milk (c) card paper (d) a cooler box
  39. 39.🔍 Which is the odd one out? (a) a cloth banner (b) ice (c) sugar (d) lemons
  40. 40.📒 One-time cost or running cost: ice? (a) a running cost (b) a one-time cost

Answer key

  1. False
  2. tea leaves and milk
  3. False
  4. 100
  5. a juicer
  6. 4
  7. Yes
  8. a running cost
  9. a folding table
  10. True
  11. lemons
  12. card paper
  13. 356
  14. 160
  15. Yes
  16. a cloth banner
  17. paper cups
  18. a juicer
  19. False
  20. No
  21. 720
  22. False
  23. a price board
  24. 190
  25. 130
  26. 266
  27. False
  28. a one-time cost
  29. seeds and soil
  30. 46
  31. a one-time cost
  32. a running cost
  33. 21
  34. 250
  35. 42
  36. Yes
  37. ice
  38. a cooler box
  39. a cloth banner
  40. a running cost

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