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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 846 · 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.Aarav’s stall budget is ₹380. Sugar cost ₹130, a price board cost ₹70 and napkins cost ₹150. How many rupees of the budget are left?
  2. 2.Nisha has ₹500 to spend on packets of seeds. One packet of seeds costs ₹6. What is the greatest number of packets of seeds Nisha can buy?
  3. 3.True or false: “seeds and soil” is a running cost. (a) False (b) True
  4. 4.True or false: “a juicer” is a one-time cost. (a) True (b) False
  5. 5.📒 One-time cost or running cost: a cooler box? (a) a one-time cost (b) a running cost
  6. 6.True or false: “a folding table” is a running cost. (a) False (b) True
  7. 7.Which of these is a one-time cost? (a) sugar (b) a cooler box (c) paper cups (d) lemons
  8. 8.Nisha’s stall budget is ₹800. A banner cost ₹50, paper cups cost ₹290 and napkins cost ₹200. How many rupees of the budget are left?
  9. 9.True or false: “a cooler box” is a one-time cost. (a) True (b) False
  10. 10.Joseph has a budget of ₹300. The stock costs ₹100 and the stall fee is ₹180. Is the budget enough? (a) No (b) Yes
  11. 11.🔍 Which is the odd one out? (a) tea leaves and milk (b) card paper (c) a juicer (d) sugar
  12. 12.True or false: “a price board” is a running cost. (a) False (b) True
  13. 13.Aarav plans to make 19 paper bookmarks. Each needs ₹2 of materials, and a banner costs ₹220 once. What total budget is needed (in ₹)?
  14. 14.🔍 Which is the odd one out? (a) a cloth banner (b) ice (c) a juicer (d) a cooler box
  15. 15.Rohan has a budget of ₹500. The stock costs ₹140 and the stall fee is ₹360. Is the budget enough? (a) Yes (b) No
  16. 16.Joseph has ₹490 to spend on sheets of card paper. One sheet of card paper costs ₹15. What is the greatest number of sheets of card paper Joseph can buy?
  17. 17.🔍 Which is the odd one out? (a) a cloth banner (b) a cash box (c) a price board (d) tea leaves and milk
  18. 18.📒 One-time cost or running cost: tea leaves and milk? (a) a running cost (b) a one-time cost
  19. 19.Which of these is a one-time cost? (a) card paper (b) sugar (c) a cash box (d) ice
  20. 20.Which of these is a one-time cost? (a) sugar (b) a juicer (c) tea leaves and milk (d) paper cups
  21. 21.Ananya has ₹200 to spend on lemons. One lemon costs ₹6. What is the greatest number of lemons Ananya can buy?
  22. 22.Which of these is a one-time cost? (a) paper cups (b) a price board (c) sugar (d) tea leaves and milk
  23. 23.🔍 Which is the odd one out? (a) a price board (b) lemons (c) card paper (d) tea leaves and milk
  24. 24.True or false: “a cloth banner” is a running cost. (a) False (b) True
  25. 25.📒 One-time cost or running cost: sugar? (a) a one-time cost (b) a running cost
  26. 26.Ananya has a budget of ₹300. The stock costs ₹70 and the stall fee is ₹190. Is the budget enough? (a) No (b) Yes
  27. 27.Kabir has ₹330 to spend on packs of cups. One pack of cups costs ₹6. What is the greatest number of packs of cups Kabir can buy?
  28. 28.Lakshmi’s stall budget is ₹610. Card paper cost ₹120, lemons cost ₹300 and sugar cost ₹140. How many rupees of the budget are left?
  29. 29.Which of these is a one-time cost? (a) seeds and soil (b) sugar (c) a folding table (d) ice
  30. 30.Lakshmi has a budget of ₹300. The stock costs ₹90 and the stall fee is ₹200. Is the budget enough? (a) Yes (b) No
  31. 31.Kabir has a budget of ₹300. The stock costs ₹100 and the stall fee is ₹250. Is the budget enough? (a) Yes (b) No
  32. 32.Nisha has a budget of ₹300. The stock costs ₹60 and the stall fee is ₹260. Is the budget enough? (a) Yes (b) No
  33. 33.True or false: “paper cups” is a one-time cost. (a) True (b) False
  34. 34.Saanvi’s stall budget is ₹460. Napkins cost ₹70, paper cups cost ₹60 and a banner cost ₹110. How many rupees of the budget are left?
  35. 35.🔍 Which is the odd one out? (a) sugar (b) a juicer (c) a folding table (d) a cloth banner
  36. 36.📒 One-time cost or running cost: card paper? (a) a one-time cost (b) a running cost
  37. 37.True or false: “tea leaves and milk” is a one-time cost. (a) True (b) False
  38. 38.True or false: “card paper” is a running cost. (a) False (b) True
  39. 39.Which of these is a running cost? (a) a price board (b) paper cups (c) a cloth banner (d) a folding table
  40. 40.Riya has a budget of ₹800. The stock costs ₹340 and the stall fee is ₹440. Is the budget enough? (a) No (b) Yes

Answer key

  1. 30
  2. 83
  3. True
  4. True
  5. a one-time cost
  6. False
  7. a cooler box
  8. 260
  9. True
  10. Yes
  11. a juicer
  12. False
  13. 258
  14. ice
  15. Yes
  16. 32
  17. tea leaves and milk
  18. a running cost
  19. a cash box
  20. a juicer
  21. 33
  22. a price board
  23. a price board
  24. False
  25. a running cost
  26. Yes
  27. 55
  28. 50
  29. a folding table
  30. Yes
  31. No
  32. No
  33. False
  34. 220
  35. sugar
  36. a running cost
  37. False
  38. True
  39. paper cups
  40. Yes

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