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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 849 · 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.True or false: “a juicer” is a running cost. (a) True (b) False
  2. 2.True or false: “a folding table” is a running cost. (a) False (b) True
  3. 3.True or false: “sugar” is a running cost. (a) True (b) False
  4. 4.Nisha has a budget of ₹400. The stock costs ₹190 and the stall fee is ₹170. Is the budget enough? (a) No (b) Yes
  5. 5.📒 One-time cost or running cost: seeds and soil? (a) a running cost (b) a one-time cost
  6. 6.Farhan has a budget of ₹500. The stock costs ₹190 and the stall fee is ₹360. Is the budget enough? (a) No (b) Yes
  7. 7.Which of these is a running cost? (a) a cloth banner (b) a folding table (c) a cash box (d) lemons
  8. 8.Nisha plans to make 14 glasses of chai. Each needs ₹10 of materials, and a banner costs ₹190 once. What total budget is needed (in ₹)?
  9. 9.Ishaan has a budget of ₹400. The stock costs ₹190 and the stall fee is ₹250. Is the budget enough? (a) Yes (b) No
  10. 10.Vihaan has a budget of ₹400. The stock costs ₹160 and the stall fee is ₹220. Is the budget enough? (a) No (b) Yes
  11. 11.True or false: “a cooler box” is a one-time cost. (a) False (b) True
  12. 12.🔍 Which is the odd one out? (a) a juicer (b) card paper (c) ice (d) tea leaves and milk
  13. 13.Which of these is a one-time cost? (a) sugar (b) paper cups (c) a cloth banner (d) card paper
  14. 14.Kabir has a budget of ₹1000. The stock costs ₹210 and the stall fee is ₹770. Is the budget enough? (a) Yes (b) No
  15. 15.Zoya has a budget of ₹800. The stock costs ₹310 and the stall fee is ₹440. Is the budget enough? (a) No (b) Yes
  16. 16.Dev plans to make 35 handmade cards. Each needs ₹6 of materials, and a banner costs ₹160 once. What total budget is needed (in ₹)?
  17. 17.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost
  18. 18.Which of these is a one-time cost? (a) a cash box (b) lemons (c) sugar (d) seeds and soil
  19. 19.True or false: “seeds and soil” is a running cost. (a) False (b) True
  20. 20.Zoya has a budget of ₹800. The stock costs ₹130 and the stall fee is ₹690. Is the budget enough? (a) No (b) Yes
  21. 21.Ananya’s stall budget is ₹740. Seeds cost ₹90, ribbon cost ₹260 and card paper cost ₹280. How many rupees of the budget are left?
  22. 22.Kavya has a budget of ₹300. The stock costs ₹60 and the stall fee is ₹210. Is the budget enough? (a) No (b) Yes
  23. 23.Ishaan’s stall budget is ₹590. A banner cost ₹180, lemons cost ₹260 and card paper cost ₹50. How many rupees of the budget are left?
  24. 24.Which of these is a one-time cost? (a) lemons (b) a folding table (c) sugar (d) tea leaves and milk
  25. 25.True or false: “a cash box” is a one-time cost. (a) False (b) True
  26. 26.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
  27. 27.Arjun has a budget of ₹900. The stock costs ₹270 and the stall fee is ₹630. Is the budget enough? (a) Yes (b) No
  28. 28.Joseph’s stall budget is ₹410. Ribbon cost ₹40, a price board cost ₹30 and sugar cost ₹210. How many rupees of the budget are left?
  29. 29.🔍 Which is the odd one out? (a) ice (b) card paper (c) a cooler box (d) seeds and soil
  30. 30.Ishaan has ₹260 to spend on sheets of card paper. One sheet of card paper costs ₹15. What is the greatest number of sheets of card paper Ishaan can buy?
  31. 31.True or false: “lemons” is a one-time cost. (a) True (b) False
  32. 32.Which of these is a running cost? (a) a juicer (b) ice (c) a cooler box (d) a cash box
  33. 33.🔍 Which is the odd one out? (a) paper cups (b) a price board (c) a juicer (d) a cooler box
  34. 34.Which of these is a one-time cost? (a) a price board (b) paper cups (c) ice (d) seeds and soil
  35. 35.🔍 Which is the odd one out? (a) tea leaves and milk (b) paper cups (c) a price board (d) seeds and soil
  36. 36.🔍 Which is the odd one out? (a) a cooler box (b) sugar (c) a cloth banner (d) a price board
  37. 37.🔍 Which is the odd one out? (a) a folding table (b) a cash box (c) lemons (d) a cooler box
  38. 38.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  39. 39.📒 One-time cost or running cost: sugar? (a) a one-time cost (b) a running cost
  40. 40.🔍 Which is the odd one out? (a) a cash box (b) a juicer (c) a cooler box (d) card paper

Answer key

  1. False
  2. False
  3. True
  4. Yes
  5. a running cost
  6. No
  7. lemons
  8. 330
  9. No
  10. Yes
  11. True
  12. a juicer
  13. a cloth banner
  14. Yes
  15. Yes
  16. 370
  17. a one-time cost
  18. a cash box
  19. True
  20. No
  21. 110
  22. Yes
  23. 100
  24. a folding table
  25. True
  26. a running cost
  27. Yes
  28. 130
  29. a cooler box
  30. 17
  31. False
  32. ice
  33. paper cups
  34. a price board
  35. a price board
  36. sugar
  37. lemons
  38. a one-time cost
  39. a running cost
  40. card paper

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