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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 789 · 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.Joseph’s stall budget is ₹440. Card paper cost ₹120, a banner cost ₹60 and seeds cost ₹20. How many rupees of the budget are left?
  2. 2.Ishaan has ₹410 to spend on packets of seeds. One packet of seeds costs ₹4. What is the greatest number of packets of seeds Ishaan can buy?
  3. 3.True or false: “card paper” is a running cost. (a) False (b) True
  4. 4.Which of these is a one-time cost? (a) sugar (b) a price board (c) ice (d) seeds and soil
  5. 5.Which of these is a one-time cost? (a) tea leaves and milk (b) sugar (c) a cooler box (d) paper cups
  6. 6.Farhan’s stall budget is ₹330. Napkins cost ₹120, a price board cost ₹40 and paper cups cost ₹20. How many rupees of the budget are left?
  7. 7.Which of these is a running cost? (a) a cash box (b) a folding table (c) ice (d) a price board
  8. 8.🔍 Which is the odd one out? (a) sugar (b) a cloth banner (c) lemons (d) paper cups
  9. 9.Which of these is a one-time cost? (a) lemons (b) ice (c) paper cups (d) a folding table
  10. 10.True or false: “a juicer” is a one-time cost. (a) True (b) False
  11. 11.📒 One-time cost or running cost: seeds and soil? (a) a one-time cost (b) a running cost
  12. 12.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
  13. 13.🔍 Which is the odd one out? (a) a folding table (b) card paper (c) a cooler box (d) a price board
  14. 14.Lakshmi plans to make 21 painted pebbles. Each needs ₹10 of materials, and a banner costs ₹180 once. What total budget is needed (in ₹)?
  15. 15.🔍 Which is the odd one out? (a) seeds and soil (b) paper cups (c) a folding table (d) sugar
  16. 16.True or false: “a cash box” is a running cost. (a) False (b) True
  17. 17.True or false: “tea leaves and milk” is a one-time cost. (a) True (b) False
  18. 18.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost
  19. 19.🔍 Which is the odd one out? (a) card paper (b) a cash box (c) paper cups (d) tea leaves and milk
  20. 20.Which of these is a running cost? (a) a cooler box (b) a cash box (c) paper cups (d) a price board
  21. 21.📒 One-time cost or running cost: card paper? (a) a running cost (b) a one-time cost
  22. 22.Aarav has a budget of ₹1000. The stock costs ₹180 and the stall fee is ₹790. Is the budget enough? (a) No (b) Yes
  23. 23.🔍 Which is the odd one out? (a) ice (b) a cloth banner (c) a cash box (d) a folding table
  24. 24.Kavya has a budget of ₹600. The stock costs ₹110 and the stall fee is ₹540. Is the budget enough? (a) Yes (b) No
  25. 25.🔍 Which is the odd one out? (a) a juicer (b) tea leaves and milk (c) card paper (d) sugar
  26. 26.Which of these is a one-time cost? (a) sugar (b) ice (c) a juicer (d) tea leaves and milk
  27. 27.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  28. 28.True or false: “a cloth banner” is a running cost. (a) False (b) True
  29. 29.Dev plans to make 32 fruit cups. Each needs ₹7 of materials, and a banner costs ₹260 once. What total budget is needed (in ₹)?
  30. 30.Which of these is a one-time cost? (a) card paper (b) seeds and soil (c) ice (d) a cash box
  31. 31.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
  32. 32.True or false: “a folding table” is a one-time cost. (a) True (b) False
  33. 33.Riya has ₹230 to spend on packets of seeds. One packet of seeds costs ₹8. What is the greatest number of packets of seeds Riya can buy?
  34. 34.🔍 Which is the odd one out? (a) seeds and soil (b) a cloth banner (c) a cooler box (d) a juicer
  35. 35.Nisha has ₹460 to spend on lemons. One lemon costs ₹20. What is the greatest number of lemons Nisha can buy?
  36. 36.Rohan’s stall budget is ₹530. Pots cost ₹150, a banner cost ₹290 and napkins cost ₹40. How many rupees of the budget are left?
  37. 37.Which of these is a running cost? (a) a cooler box (b) seeds and soil (c) a juicer (d) a cash box
  38. 38.Joseph has a budget of ₹800. The stock costs ₹110 and the stall fee is ₹660. Is the budget enough? (a) No (b) Yes
  39. 39.True or false: “a cooler box” is a one-time cost. (a) True (b) False
  40. 40.True or false: “a juicer” is a running cost. (a) False (b) True

Answer key

  1. 240
  2. 102
  3. True
  4. a price board
  5. a cooler box
  6. 150
  7. ice
  8. a cloth banner
  9. a folding table
  10. True
  11. a running cost
  12. a running cost
  13. card paper
  14. 390
  15. a folding table
  16. False
  17. False
  18. a one-time cost
  19. a cash box
  20. paper cups
  21. a running cost
  22. Yes
  23. ice
  24. No
  25. a juicer
  26. a juicer
  27. a one-time cost
  28. False
  29. 484
  30. a cash box
  31. a one-time cost
  32. True
  33. 28
  34. seeds and soil
  35. 23
  36. 50
  37. seeds and soil
  38. Yes
  39. True
  40. False

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