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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 847 · 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.

NameDateTime takenScore ___ / 40
  1. 1.Meera has a budget of ₹300. The stock costs ₹50 and the stall fee is ₹280. Is the budget enough? (a) Yes (b) No
  2. 2.True or false: “paper cups” is a running cost. (a) True (b) False
  3. 3.Which of these is a running cost? (a) a cooler box (b) a price board (c) a cash box (d) sugar
  4. 4.Zoya has a budget of ₹1000. The stock costs ₹490 and the stall fee is ₹470. Is the budget enough? (a) No (b) Yes
  5. 5.True or false: “a juicer” is a running cost. (a) False (b) True
  6. 6.Kavya’s stall budget is ₹600. Ribbon cost ₹110, paper cups cost ₹160 and a banner cost ₹150. How many rupees of the budget are left?
  7. 7.True or false: “seeds and soil” is a running cost. (a) False (b) True
  8. 8.Ananya has a budget of ₹400. The stock costs ₹180 and the stall fee is ₹230. Is the budget enough? (a) Yes (b) No
  9. 9.🔍 Which is the odd one out? (a) a folding table (b) lemons (c) sugar (d) paper cups
  10. 10.True or false: “card paper” is a one-time cost. (a) True (b) False
  11. 11.📒 One-time cost or running cost: card paper? (a) a one-time cost (b) a running cost
  12. 12.True or false: “a cash box” is a one-time cost. (a) True (b) False
  13. 13.Dev has a budget of ₹300. The stock costs ₹90 and the stall fee is ₹200. Is the budget enough? (a) Yes (b) No
  14. 14.Which of these is a running cost? (a) lemons (b) a folding table (c) a cooler box (d) a price board
  15. 15.📒 One-time cost or running cost: sugar? (a) a running cost (b) a one-time cost
  16. 16.Farhan has a budget of ₹300. The stock costs ₹120 and the stall fee is ₹180. Is the budget enough? (a) No (b) Yes
  17. 17.Rohan has ₹250 to spend on sheets of card paper. One sheet of card paper costs ₹10. What is the greatest number of sheets of card paper Rohan can buy?
  18. 18.📒 One-time cost or running cost: paper cups? (a) a one-time cost (b) a running cost
  19. 19.🔍 Which is the odd one out? (a) a cloth banner (b) a cooler box (c) seeds and soil (d) a cash box
  20. 20.🔍 Which is the odd one out? (a) card paper (b) a cooler box (c) a cash box (d) a price board
  21. 21.🔍 Which is the odd one out? (a) a cooler box (b) a cash box (c) ice (d) a folding table
  22. 22.📒 One-time cost or running cost: seeds and soil? (a) a one-time cost (b) a running cost
  23. 23.Dev’s stall budget is ₹550. Napkins cost ₹110, paper cups cost ₹230 and a price board cost ₹100. How many rupees of the budget are left?
  24. 24.Which of these is a running cost? (a) a price board (b) seeds and soil (c) a cooler box (d) a juicer
  25. 25.Kabir has a budget of ₹1000. The stock costs ₹490 and the stall fee is ₹510. Is the budget enough? (a) No (b) Yes
  26. 26.Zoya’s stall budget is ₹530. Pots cost ₹70, lemons cost ₹270 and ribbon cost ₹100. How many rupees of the budget are left?
  27. 27.True or false: “lemons” is a one-time cost. (a) False (b) True
  28. 28.Which of these is a one-time cost? (a) sugar (b) a cooler box (c) card paper (d) ice
  29. 29.True or false: “lemons” is a running cost. (a) False (b) True
  30. 30.Which of these is a running cost? (a) a cloth banner (b) a cooler box (c) a juicer (d) ice
  31. 31.Riya has ₹100 to spend on packets of seeds. One packet of seeds costs ₹4. What is the greatest number of packets of seeds Riya can buy?
  32. 32.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost
  33. 33.True or false: “a cash box” is a running cost. (a) True (b) False
  34. 34.📒 One-time cost or running cost: ice? (a) a one-time cost (b) a running cost
  35. 35.True or false: “a juicer” is a one-time cost. (a) False (b) True
  36. 36.Nisha’s stall budget is ₹350. Card paper cost ₹120, lemons cost ₹70 and a banner cost ₹60. How many rupees of the budget are left?
  37. 37.Lakshmi’s stall budget is ₹540. Napkins cost ₹90, lemons cost ₹80 and paper cups cost ₹90. How many rupees of the budget are left?
  38. 38.Which of these is a one-time cost? (a) sugar (b) card paper (c) a folding table (d) seeds and soil
  39. 39.🔍 Which is the odd one out? (a) a price board (b) a cloth banner (c) lemons (d) a folding table
  40. 40.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost

Answer key

  1. No
  2. True
  3. sugar
  4. Yes
  5. False
  6. 180
  7. True
  8. No
  9. a folding table
  10. False
  11. a running cost
  12. True
  13. Yes
  14. lemons
  15. a running cost
  16. Yes
  17. 25
  18. a running cost
  19. seeds and soil
  20. card paper
  21. ice
  22. a running cost
  23. 110
  24. seeds and soil
  25. Yes
  26. 90
  27. False
  28. a cooler box
  29. True
  30. ice
  31. 25
  32. a one-time cost
  33. False
  34. a running cost
  35. True
  36. 100
  37. 280
  38. a folding table
  39. lemons
  40. a one-time cost

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