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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 83 · 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.📒 One-time cost or running cost: card paper? (a) a running cost (b) a one-time cost
  2. 2.📒 One-time cost or running cost: ice? (a) a running cost (b) a one-time cost
  3. 3.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  4. 4.🔍 Which is the odd one out? (a) sugar (b) lemons (c) ice (d) a cash box
  5. 5.Which of these is a running cost? (a) a folding table (b) a juicer (c) ice (d) a cooler box
  6. 6.Lakshmi has a budget of ₹400. The stock costs ₹50 and the stall fee is ₹340. Is the budget enough? (a) No (b) Yes
  7. 7.Which of these is a one-time cost? (a) card paper (b) paper cups (c) ice (d) a cloth banner
  8. 8.True or false: “ice” is a one-time cost. (a) True (b) False
  9. 9.Ishaan’s stall budget is ₹670. Napkins cost ₹260, pots cost ₹80 and paper cups cost ₹160. How many rupees of the budget are left?
  10. 10.Kabir’s stall budget is ₹400. Paper cups cost ₹20, pots cost ₹250 and a price board cost ₹100. How many rupees of the budget are left?
  11. 11.Aarav has a budget of ₹600. The stock costs ₹220 and the stall fee is ₹340. Is the budget enough? (a) Yes (b) No
  12. 12.Vihaan has a budget of ₹700. The stock costs ₹340 and the stall fee is ₹410. Is the budget enough? (a) Yes (b) No
  13. 13.Farhan has a budget of ₹700. The stock costs ₹60 and the stall fee is ₹590. Is the budget enough? (a) Yes (b) No
  14. 14.Arjun has a budget of ₹800. The stock costs ₹380 and the stall fee is ₹430. Is the budget enough? (a) Yes (b) No
  15. 15.Which of these is a one-time cost? (a) sugar (b) paper cups (c) lemons (d) a price board
  16. 16.Aarav plans to make 39 clay diyas. Each needs ₹5 of materials, and a banner costs ₹260 once. What total budget is needed (in ₹)?
  17. 17.📒 One-time cost or running cost: a cash box? (a) a one-time cost (b) a running cost
  18. 18.Which of these is a one-time cost? (a) paper cups (b) a cash box (c) lemons (d) ice
  19. 19.Which of these is a running cost? (a) a cloth banner (b) a folding table (c) a cooler box (d) paper cups
  20. 20.True or false: “a cooler box” is a running cost. (a) False (b) True
  21. 21.Aarav plans to make 45 jute bags. Each needs ₹8 of materials, and a banner costs ₹240 once. What total budget is needed (in ₹)?
  22. 22.Gurpreet’s stall budget is ₹720. A banner cost ₹40, paper cups cost ₹250 and sugar cost ₹140. How many rupees of the budget are left?
  23. 23.🔍 Which is the odd one out? (a) a folding table (b) a cloth banner (c) a juicer (d) ice
  24. 24.Meera has a budget of ₹800. The stock costs ₹60 and the stall fee is ₹730. Is the budget enough? (a) Yes (b) No
  25. 25.Ishaan has a budget of ₹600. The stock costs ₹280 and the stall fee is ₹320. Is the budget enough? (a) No (b) Yes
  26. 26.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
  27. 27.Riya has ₹70 to spend on lemons. One lemon costs ₹4. What is the greatest number of lemons Riya can buy?
  28. 28.Arjun has ₹120 to spend on rolls of ribbon. One roll of ribbon costs ₹20. What is the greatest number of rolls of ribbon Arjun can buy?
  29. 29.Zoya has ₹300 to spend on packets of seeds. One packet of seeds costs ₹4. What is the greatest number of packets of seeds Zoya can buy?
  30. 30.Nisha’s stall budget is ₹300. Lemons cost ₹160, card paper cost ₹80 and seeds cost ₹20. How many rupees of the budget are left?
  31. 31.Which of these is a one-time cost? (a) tea leaves and milk (b) ice (c) a juicer (d) card paper
  32. 32.True or false: “a juicer” is a running cost. (a) False (b) True
  33. 33.Gurpreet has ₹460 to spend on packets of seeds. One packet of seeds costs ₹4. What is the greatest number of packets of seeds Gurpreet can buy?
  34. 34.🔍 Which is the odd one out? (a) lemons (b) a juicer (c) a price board (d) a cloth banner
  35. 35.🔍 Which is the odd one out? (a) card paper (b) lemons (c) a folding table (d) ice
  36. 36.Ananya’s stall budget is ₹530. Napkins cost ₹190, a price board cost ₹70 and seeds cost ₹180. How many rupees of the budget are left?
  37. 37.Riya has a budget of ₹300. The stock costs ₹70 and the stall fee is ₹230. Is the budget enough? (a) No (b) Yes
  38. 38.Riya’s stall budget is ₹480. Paper cups cost ₹40, ribbon cost ₹150 and pots cost ₹220. How many rupees of the budget are left?
  39. 39.Kavya’s stall budget is ₹330. Sugar cost ₹150, a banner cost ₹30 and lemons cost ₹100. How many rupees of the budget are left?
  40. 40.Tara has a budget of ₹500. The stock costs ₹140 and the stall fee is ₹340. Is the budget enough? (a) No (b) Yes

Answer key

  1. a running cost
  2. a running cost
  3. a one-time cost
  4. a cash box
  5. ice
  6. Yes
  7. a cloth banner
  8. False
  9. 170
  10. 30
  11. Yes
  12. No
  13. Yes
  14. No
  15. a price board
  16. 455
  17. a one-time cost
  18. a cash box
  19. paper cups
  20. False
  21. 600
  22. 290
  23. ice
  24. Yes
  25. Yes
  26. a one-time cost
  27. 17
  28. 6
  29. 75
  30. 40
  31. a juicer
  32. False
  33. 115
  34. lemons
  35. a folding table
  36. 90
  37. Yes
  38. 70
  39. 50
  40. Yes

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