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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 84 · 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 of these is a running cost? (a) a folding table (b) a juicer (c) a cash box (d) card paper
  2. 2.Which of these is a one-time cost? (a) ice (b) sugar (c) lemons (d) a juicer
  3. 3.Ananya has a budget of ₹900. The stock costs ₹80 and the stall fee is ₹840. Is the budget enough? (a) Yes (b) No
  4. 4.Nisha has ₹350 to spend on packets of seeds. One packet of seeds costs ₹20. What is the greatest number of packets of seeds Nisha can buy?
  5. 5.🔍 Which is the odd one out? (a) seeds and soil (b) tea leaves and milk (c) a folding table (d) lemons
  6. 6.Riya has a budget of ₹500. The stock costs ₹120 and the stall fee is ₹350. Is the budget enough? (a) Yes (b) No
  7. 7.Ananya plans to make 37 cups of lemonade. Each needs ₹7 of materials, and a banner costs ₹90 once. What total budget is needed (in ₹)?
  8. 8.Which of these is a one-time cost? (a) card paper (b) lemons (c) sugar (d) a price board
  9. 9.Gurpreet’s stall budget is ₹920. A banner cost ₹160, paper cups cost ₹220 and seeds cost ₹260. How many rupees of the budget are left?
  10. 10.Arjun has ₹350 to spend on packs of cups. One pack of cups costs ₹12. What is the greatest number of packs of cups Arjun can buy?
  11. 11.Kavya’s stall budget is ₹820. Card paper cost ₹240, seeds cost ₹250 and ribbon cost ₹100. How many rupees of the budget are left?
  12. 12.Which of these is a running cost? (a) a cash box (b) a cloth banner (c) a juicer (d) seeds and soil
  13. 13.True or false: “card paper” is a one-time cost. (a) True (b) False
  14. 14.📒 One-time cost or running cost: a cooler box? (a) a one-time cost (b) a running cost
  15. 15.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
  16. 16.Arjun plans to make 19 potted plants. Each needs ₹4 of materials, and a banner costs ₹70 once. What total budget is needed (in ₹)?
  17. 17.Which of these is a one-time cost? (a) lemons (b) sugar (c) a folding table (d) tea leaves and milk
  18. 18.Which of these is a one-time cost? (a) paper cups (b) lemons (c) a cooler box (d) tea leaves and milk
  19. 19.True or false: “a cloth banner” is a one-time cost. (a) True (b) False
  20. 20.📒 One-time cost or running cost: lemons? (a) a running cost (b) a one-time cost
  21. 21.📒 One-time cost or running cost: card paper? (a) a running cost (b) a one-time cost
  22. 22.Ishaan has a budget of ₹300. The stock costs ₹90 and the stall fee is ₹170. Is the budget enough? (a) No (b) Yes
  23. 23.Which of these is a running cost? (a) a cooler box (b) a juicer (c) a cash box (d) tea leaves and milk
  24. 24.Saanvi’s stall budget is ₹590. Pots cost ₹30, lemons cost ₹230 and sugar cost ₹30. How many rupees of the budget are left?
  25. 25.Which of these is a running cost? (a) a juicer (b) paper cups (c) a price board (d) a cloth banner
  26. 26.Rohan’s stall budget is ₹890. A banner cost ₹160, a price board cost ₹290 and sugar cost ₹190. How many rupees of the budget are left?
  27. 27.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  28. 28.Nisha’s stall budget is ₹670. Pots cost ₹190, seeds cost ₹80 and napkins cost ₹120. How many rupees of the budget are left?
  29. 29.📒 One-time cost or running cost: ice? (a) a running cost (b) a one-time cost
  30. 30.Tara has a budget of ₹800. The stock costs ₹300 and the stall fee is ₹500. Is the budget enough? (a) No (b) Yes
  31. 31.Joseph’s stall budget is ₹720. Pots cost ₹300, a banner cost ₹60 and sugar cost ₹240. How many rupees of the budget are left?
  32. 32.🔍 Which is the odd one out? (a) ice (b) a price board (c) a cash box (d) a cooler box
  33. 33.Arjun has a budget of ₹1000. The stock costs ₹320 and the stall fee is ₹730. Is the budget enough? (a) No (b) Yes
  34. 34.Zoya has ₹60 to spend on rolls of ribbon. One roll of ribbon costs ₹4. What is the greatest number of rolls of ribbon Zoya can buy?
  35. 35.True or false: “tea leaves and milk” is a one-time cost. (a) False (b) True
  36. 36.📒 One-time cost or running cost: seeds and soil? (a) a running cost (b) a one-time cost
  37. 37.🔍 Which is the odd one out? (a) a price board (b) a folding table (c) card paper (d) a juicer
  38. 38.Lakshmi has a budget of ₹500. The stock costs ₹170 and the stall fee is ₹330. Is the budget enough? (a) Yes (b) No
  39. 39.Dev’s stall budget is ₹350. Pots cost ₹280, a banner cost ₹30 and napkins cost ₹20. How many rupees of the budget are left?
  40. 40.Zoya has a budget of ₹300. The stock costs ₹90 and the stall fee is ₹170. Is the budget enough? (a) Yes (b) No

Answer key

  1. card paper
  2. a juicer
  3. No
  4. 17
  5. a folding table
  6. Yes
  7. 349
  8. a price board
  9. 280
  10. 29
  11. 230
  12. seeds and soil
  13. False
  14. a one-time cost
  15. a running cost
  16. 146
  17. a folding table
  18. a cooler box
  19. True
  20. a running cost
  21. a running cost
  22. Yes
  23. tea leaves and milk
  24. 300
  25. paper cups
  26. 250
  27. a one-time cost
  28. 280
  29. a running cost
  30. Yes
  31. 120
  32. ice
  33. No
  34. 15
  35. False
  36. a running cost
  37. card paper
  38. Yes
  39. 20
  40. Yes

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