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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 858 · 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 cloth banner” is a running cost. (a) True (b) False
  2. 2.Ishaan has a budget of ₹700. The stock costs ₹90 and the stall fee is ₹630. Is the budget enough? (a) Yes (b) No
  3. 3.🔍 Which is the odd one out? (a) paper cups (b) lemons (c) sugar (d) a juicer
  4. 4.🔍 Which is the odd one out? (a) card paper (b) sugar (c) paper cups (d) a folding table
  5. 5.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  6. 6.Kabir’s stall budget is ₹680. Lemons cost ₹100, pots cost ₹270 and card paper cost ₹230. How many rupees of the budget are left?
  7. 7.Which of these is a running cost? (a) tea leaves and milk (b) a folding table (c) a cooler box (d) a price board
  8. 8.True or false: “sugar” is a running cost. (a) True (b) False
  9. 9.True or false: “lemons” is a one-time cost. (a) True (b) False
  10. 10.True or false: “a cash box” is a running cost. (a) False (b) True
  11. 11.🔍 Which is the odd one out? (a) a cooler box (b) card paper (c) a cloth banner (d) a cash box
  12. 12.🔍 Which is the odd one out? (a) paper cups (b) a juicer (c) a cash box (d) a folding table
  13. 13.Which of these is a running cost? (a) a cloth banner (b) seeds and soil (c) a cooler box (d) a cash box
  14. 14.Joseph’s stall budget is ₹490. Sugar cost ₹70, card paper cost ₹80 and paper cups cost ₹260. How many rupees of the budget are left?
  15. 15.Lakshmi has ₹120 to spend on sheets of card paper. One sheet of card paper costs ₹5. What is the greatest number of sheets of card paper Lakshmi can buy?
  16. 16.🔍 Which is the odd one out? (a) a price board (b) seeds and soil (c) a juicer (d) a cloth banner
  17. 17.Farhan’s stall budget is ₹630. Seeds cost ₹160, a price board cost ₹180 and a banner cost ₹80. How many rupees of the budget are left?
  18. 18.Which of these is a running cost? (a) a folding table (b) card paper (c) a cloth banner (d) a cash box
  19. 19.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost
  20. 20.Which of these is a one-time cost? (a) a juicer (b) sugar (c) paper cups (d) ice
  21. 21.Nisha has ₹390 to spend on rolls of ribbon. One roll of ribbon costs ₹8. What is the greatest number of rolls of ribbon Nisha can buy?
  22. 22.Which of these is a running cost? (a) a price board (b) lemons (c) a cash box (d) a folding table
  23. 23.Kavya has a budget of ₹700. The stock costs ₹70 and the stall fee is ₹630. Is the budget enough? (a) No (b) Yes
  24. 24.Arjun has a budget of ₹900. The stock costs ₹200 and the stall fee is ₹700. Is the budget enough? (a) No (b) Yes
  25. 25.Which of these is a running cost? (a) a cloth banner (b) a price board (c) a cash box (d) sugar
  26. 26.Saanvi has a budget of ₹400. The stock costs ₹170 and the stall fee is ₹210. Is the budget enough? (a) No (b) Yes
  27. 27.🔍 Which is the odd one out? (a) a juicer (b) a cooler box (c) a cloth banner (d) lemons
  28. 28.Rohan has ₹490 to spend on packets of seeds. One packet of seeds costs ₹4. What is the greatest number of packets of seeds Rohan can buy?
  29. 29.Aarav has a budget of ₹1000. The stock costs ₹380 and the stall fee is ₹650. Is the budget enough? (a) No (b) Yes
  30. 30.Saanvi’s stall budget is ₹750. Napkins cost ₹280, lemons cost ₹250 and card paper cost ₹80. How many rupees of the budget are left?
  31. 31.Diya has ₹310 to spend on packets of seeds. One packet of seeds costs ₹6. What is the greatest number of packets of seeds Diya can buy?
  32. 32.🔍 Which is the odd one out? (a) lemons (b) seeds and soil (c) ice (d) a cooler box
  33. 33.Aarav has ₹490 to spend on packets of seeds. One packet of seeds costs ₹6. What is the greatest number of packets of seeds Aarav can buy?
  34. 34.📒 One-time cost or running cost: seeds and soil? (a) a one-time cost (b) a running cost
  35. 35.📒 One-time cost or running cost: paper cups? (a) a one-time cost (b) a running cost
  36. 36.Tara has a budget of ₹400. The stock costs ₹80 and the stall fee is ₹310. Is the budget enough? (a) No (b) Yes
  37. 37.Ishaan plans to make 27 fruit cups. Each needs ₹6 of materials, and a banner costs ₹300 once. What total budget is needed (in ₹)?
  38. 38.Tara has a budget of ₹1000. The stock costs ₹100 and the stall fee is ₹940. Is the budget enough? (a) Yes (b) No
  39. 39.Aarav has ₹60 to spend on packets of seeds. One packet of seeds costs ₹5. What is the greatest number of packets of seeds Aarav can buy?
  40. 40.Kavya has ₹480 to spend on rolls of ribbon. One roll of ribbon costs ₹12. What is the greatest number of rolls of ribbon Kavya can buy?

Answer key

  1. False
  2. No
  3. a juicer
  4. a folding table
  5. a one-time cost
  6. 80
  7. tea leaves and milk
  8. True
  9. False
  10. False
  11. card paper
  12. paper cups
  13. seeds and soil
  14. 80
  15. 24
  16. seeds and soil
  17. 210
  18. card paper
  19. a one-time cost
  20. a juicer
  21. 48
  22. lemons
  23. Yes
  24. Yes
  25. sugar
  26. Yes
  27. lemons
  28. 122
  29. No
  30. 140
  31. 51
  32. a cooler box
  33. 81
  34. a running cost
  35. a running cost
  36. Yes
  37. 462
  38. No
  39. 12
  40. 40

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