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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 788 · 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.Kabir has a budget of ₹400. The stock costs ₹190 and the stall fee is ₹250. Is the budget enough? (a) No (b) Yes
  2. 2.Ananya has a budget of ₹700. The stock costs ₹140 and the stall fee is ₹510. Is the budget enough? (a) No (b) Yes
  3. 3.Tara’s stall budget is ₹520. A banner cost ₹80, paper cups cost ₹40 and napkins cost ₹190. How many rupees of the budget are left?
  4. 4.🔍 Which is the odd one out? (a) sugar (b) card paper (c) seeds and soil (d) a cooler box
  5. 5.📒 One-time cost or running cost: lemons? (a) a running cost (b) a one-time cost
  6. 6.Riya has ₹240 to spend on rolls of ribbon. One roll of ribbon costs ₹6. What is the greatest number of rolls of ribbon Riya can buy?
  7. 7.True or false: “a price board” is a running cost. (a) True (b) False
  8. 8.🔍 Which is the odd one out? (a) a price board (b) card paper (c) a cash box (d) a cloth banner
  9. 9.🔍 Which is the odd one out? (a) a cooler box (b) a folding table (c) lemons (d) a price board
  10. 10.Aarav has ₹310 to spend on sheets of card paper. One sheet of card paper costs ₹10. What is the greatest number of sheets of card paper Aarav can buy?
  11. 11.True or false: “a price board” is a one-time cost. (a) False (b) True
  12. 12.Meera plans to make 18 cupcakes. Each needs ₹8 of materials, and a banner costs ₹100 once. What total budget is needed (in ₹)?
  13. 13.Which of these is a running cost? (a) a cloth banner (b) a price board (c) lemons (d) a cash box
  14. 14.Gurpreet’s stall budget is ₹950. Paper cups cost ₹180, a banner cost ₹270 and card paper cost ₹230. How many rupees of the budget are left?
  15. 15.Arjun’s stall budget is ₹520. Card paper cost ₹70, a price board cost ₹160 and paper cups cost ₹270. How many rupees of the budget are left?
  16. 16.Aarav has ₹380 to spend on sheets of card paper. One sheet of card paper costs ₹4. What is the greatest number of sheets of card paper Aarav can buy?
  17. 17.True or false: “lemons” is a running cost. (a) False (b) True
  18. 18.📒 One-time cost or running cost: tea leaves and milk? (a) a running cost (b) a one-time cost
  19. 19.Nisha has a budget of ₹800. The stock costs ₹300 and the stall fee is ₹470. Is the budget enough? (a) No (b) Yes
  20. 20.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
  21. 21.Riya has a budget of ₹1000. The stock costs ₹220 and the stall fee is ₹740. Is the budget enough? (a) Yes (b) No
  22. 22.Rohan has ₹200 to spend on lemons. One lemon costs ₹10. What is the greatest number of lemons Rohan can buy?
  23. 23.🔍 Which is the odd one out? (a) lemons (b) seeds and soil (c) a folding table (d) card paper
  24. 24.True or false: “paper cups” is a running cost. (a) False (b) True
  25. 25.Kabir has ₹180 to spend on lemons. One lemon costs ₹12. What is the greatest number of lemons Kabir can buy?
  26. 26.Which of these is a one-time cost? (a) paper cups (b) lemons (c) sugar (d) a cash box
  27. 27.Which of these is a one-time cost? (a) card paper (b) paper cups (c) a juicer (d) lemons
  28. 28.Ishaan has a budget of ₹700. The stock costs ₹90 and the stall fee is ₹630. Is the budget enough? (a) Yes (b) No
  29. 29.Which of these is a one-time cost? (a) a cooler box (b) seeds and soil (c) card paper (d) tea leaves and milk
  30. 30.Which of these is a running cost? (a) a folding table (b) a cooler box (c) sugar (d) a juicer
  31. 31.📒 One-time cost or running cost: seeds and soil? (a) a one-time cost (b) a running cost
  32. 32.Vihaan has a budget of ₹400. The stock costs ₹60 and the stall fee is ₹370. Is the budget enough? (a) No (b) Yes
  33. 33.Ananya has ₹250 to spend on rolls of ribbon. One roll of ribbon costs ₹15. What is the greatest number of rolls of ribbon Ananya can buy?
  34. 34.True or false: “a juicer” is a running cost. (a) False (b) True
  35. 35.Meera plans to make 10 cupcakes. Each needs ₹2 of materials, and a banner costs ₹150 once. What total budget is needed (in ₹)?
  36. 36.True or false: “seeds and soil” is a one-time cost. (a) True (b) False
  37. 37.📒 One-time cost or running cost: a cash box? (a) a one-time cost (b) a running cost
  38. 38.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost
  39. 39.Which of these is a one-time cost? (a) seeds and soil (b) a price board (c) tea leaves and milk (d) sugar
  40. 40.🔍 Which is the odd one out? (a) sugar (b) a cloth banner (c) paper cups (d) seeds and soil

Answer key

  1. No
  2. Yes
  3. 210
  4. a cooler box
  5. a running cost
  6. 40
  7. False
  8. card paper
  9. lemons
  10. 31
  11. True
  12. 244
  13. lemons
  14. 270
  15. 20
  16. 95
  17. True
  18. a running cost
  19. Yes
  20. a one-time cost
  21. Yes
  22. 20
  23. a folding table
  24. True
  25. 15
  26. a cash box
  27. a juicer
  28. No
  29. a cooler box
  30. sugar
  31. a running cost
  32. No
  33. 16
  34. False
  35. 170
  36. False
  37. a one-time cost
  38. a one-time cost
  39. a price board
  40. a cloth banner

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