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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 833 · 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 is the odd one out? (a) a juicer (b) a cash box (c) a cooler box (d) tea leaves and milk
  2. 2.True or false: “a price board” is a running cost. (a) True (b) False
  3. 3.🔍 Which is the odd one out? (a) lemons (b) ice (c) a cloth banner (d) paper cups
  4. 4.Gurpreet has a budget of ₹300. The stock costs ₹70 and the stall fee is ₹240. Is the budget enough? (a) Yes (b) No
  5. 5.Lakshmi’s stall budget is ₹540. Seeds cost ₹40, napkins cost ₹300 and pots cost ₹120. How many rupees of the budget are left?
  6. 6.Which of these is a running cost? (a) a cloth banner (b) a folding table (c) paper cups (d) a cash box
  7. 7.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost
  8. 8.Riya has ₹300 to spend on lemons. One lemon costs ₹10. What is the greatest number of lemons Riya can buy?
  9. 9.Which of these is a running cost? (a) a price board (b) a cloth banner (c) a cash box (d) lemons
  10. 10.Nisha’s stall budget is ₹730. Lemons cost ₹270, a price board cost ₹110 and a banner cost ₹90. How many rupees of the budget are left?
  11. 11.True or false: “a cash box” is a one-time cost. (a) False (b) True
  12. 12.True or false: “a folding table” is a running cost. (a) False (b) True
  13. 13.Zoya’s stall budget is ₹830. Sugar cost ₹70, pots cost ₹280 and seeds cost ₹280. How many rupees of the budget are left?
  14. 14.Farhan has a budget of ₹600. The stock costs ₹170 and the stall fee is ₹480. Is the budget enough? (a) No (b) Yes
  15. 15.📒 One-time cost or running cost: card paper? (a) a running cost (b) a one-time cost
  16. 16.Gurpreet’s stall budget is ₹520. A price board cost ₹30, lemons cost ₹240 and a banner cost ₹90. How many rupees of the budget are left?
  17. 17.Aarav plans to make 24 painted pebbles. Each needs ₹10 of materials, and a banner costs ₹260 once. What total budget is needed (in ₹)?
  18. 18.Joseph’s stall budget is ₹760. Seeds cost ₹290, napkins cost ₹150 and ribbon cost ₹40. How many rupees of the budget are left?
  19. 19.Saanvi has ₹380 to spend on lemons. One lemon costs ₹6. What is the greatest number of lemons Saanvi can buy?
  20. 20.Dev has a budget of ₹300. The stock costs ₹70 and the stall fee is ₹250. Is the budget enough? (a) Yes (b) No
  21. 21.Ishaan plans to make 15 clay diyas. Each needs ₹2 of materials, and a banner costs ₹150 once. What total budget is needed (in ₹)?
  22. 22.Nisha has a budget of ₹400. The stock costs ₹190 and the stall fee is ₹250. Is the budget enough? (a) Yes (b) No
  23. 23.Diya has a budget of ₹600. The stock costs ₹270 and the stall fee is ₹360. Is the budget enough? (a) No (b) Yes
  24. 24.Meera’s stall budget is ₹470. Paper cups cost ₹170, sugar cost ₹20 and a banner cost ₹160. How many rupees of the budget are left?
  25. 25.Meera plans to make 12 painted pebbles. Each needs ₹2 of materials, and a banner costs ₹200 once. What total budget is needed (in ₹)?
  26. 26.True or false: “lemons” is a one-time cost. (a) False (b) True
  27. 27.🔍 Which is the odd one out? (a) a folding table (b) ice (c) a juicer (d) a cash box
  28. 28.True or false: “tea leaves and milk” is a running cost. (a) False (b) True
  29. 29.🔍 Which is the odd one out? (a) tea leaves and milk (b) paper cups (c) lemons (d) a cooler box
  30. 30.Kabir has ₹270 to spend on lemons. One lemon costs ₹6. What is the greatest number of lemons Kabir can buy?
  31. 31.🔍 Which is the odd one out? (a) a cooler box (b) a cloth banner (c) card paper (d) a price board
  32. 32.Kavya has a budget of ₹400. The stock costs ₹200 and the stall fee is ₹250. Is the budget enough? (a) Yes (b) No
  33. 33.🔍 Which is the odd one out? (a) a folding table (b) a cooler box (c) a price board (d) paper cups
  34. 34.Which of these is a running cost? (a) a price board (b) a juicer (c) card paper (d) a cloth banner
  35. 35.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
  36. 36.Riya has a budget of ₹900. The stock costs ₹130 and the stall fee is ₹730. Is the budget enough? (a) Yes (b) No
  37. 37.True or false: “ice” is a one-time cost. (a) True (b) False
  38. 38.🔍 Which is the odd one out? (a) lemons (b) a price board (c) sugar (d) card paper
  39. 39.True or false: “lemons” is a running cost. (a) True (b) False
  40. 40.Diya has ₹440 to spend on packets of seeds. One packet of seeds costs ₹12. What is the greatest number of packets of seeds Diya can buy?

Answer key

  1. tea leaves and milk
  2. False
  3. a cloth banner
  4. No
  5. 80
  6. paper cups
  7. a one-time cost
  8. 30
  9. lemons
  10. 260
  11. True
  12. False
  13. 200
  14. No
  15. a running cost
  16. 160
  17. 500
  18. 280
  19. 63
  20. No
  21. 180
  22. No
  23. No
  24. 120
  25. 224
  26. False
  27. ice
  28. True
  29. a cooler box
  30. 45
  31. card paper
  32. No
  33. paper cups
  34. card paper
  35. a running cost
  36. Yes
  37. False
  38. a price board
  39. True
  40. 36

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