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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 869 · 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.Gurpreet has a budget of ₹700. The stock costs ₹230 and the stall fee is ₹470. Is the budget enough? (a) No (b) Yes
  2. 2.Vihaan has a budget of ₹900. The stock costs ₹240 and the stall fee is ₹630. Is the budget enough? (a) No (b) Yes
  3. 3.📒 One-time cost or running cost: paper cups? (a) a running cost (b) a one-time cost
  4. 4.Kabir has a budget of ₹300. The stock costs ₹50 and the stall fee is ₹220. Is the budget enough? (a) No (b) Yes
  5. 5.True or false: “a juicer” is a one-time cost. (a) False (b) True
  6. 6.Which of these is a one-time cost? (a) card paper (b) sugar (c) seeds and soil (d) a cloth banner
  7. 7.Arjun has ₹240 to spend on lemons. One lemon costs ₹6. What is the greatest number of lemons Arjun can buy?
  8. 8.🔍 Which is the odd one out? (a) tea leaves and milk (b) a folding table (c) card paper (d) paper cups
  9. 9.Which of these is a one-time cost? (a) card paper (b) paper cups (c) seeds and soil (d) a price board
  10. 10.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost
  11. 11.True or false: “sugar” is a one-time cost. (a) True (b) False
  12. 12.True or false: “a cooler box” is a one-time cost. (a) True (b) False
  13. 13.Which of these is a one-time cost? (a) ice (b) sugar (c) lemons (d) a cooler box
  14. 14.Which of these is a running cost? (a) a cloth banner (b) a price board (c) paper cups (d) a juicer
  15. 15.Riya has a budget of ₹300. The stock costs ₹50 and the stall fee is ₹240. Is the budget enough? (a) Yes (b) No
  16. 16.True or false: “a price board” is a one-time cost. (a) False (b) True
  17. 17.Diya has a budget of ₹900. The stock costs ₹250 and the stall fee is ₹660. Is the budget enough? (a) Yes (b) No
  18. 18.Tara has a budget of ₹400. The stock costs ₹80 and the stall fee is ₹360. Is the budget enough? (a) No (b) Yes
  19. 19.📒 One-time cost or running cost: card paper? (a) a running cost (b) a one-time cost
  20. 20.Which of these is a running cost? (a) ice (b) a juicer (c) a cloth banner (d) a folding table
  21. 21.Vihaan plans to make 44 cupcakes. Each needs ₹7 of materials, and a banner costs ₹170 once. What total budget is needed (in ₹)?
  22. 22.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
  23. 23.Zoya’s stall budget is ₹770. Pots cost ₹220, napkins cost ₹150 and paper cups cost ₹210. How many rupees of the budget are left?
  24. 24.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  25. 25.🔍 Which is the odd one out? (a) ice (b) card paper (c) paper cups (d) a cooler box
  26. 26.Nisha has a budget of ₹400. The stock costs ₹130 and the stall fee is ₹280. Is the budget enough? (a) Yes (b) No
  27. 27.📒 One-time cost or running cost: a cloth banner? (a) a one-time cost (b) a running cost
  28. 28.Which of these is a running cost? (a) card paper (b) a folding table (c) a cash box (d) a juicer
  29. 29.Farhan plans to make 13 cups of lemonade. Each needs ₹9 of materials, and a banner costs ₹200 once. What total budget is needed (in ₹)?
  30. 30.Kabir has ₹300 to spend on packets of seeds. One packet of seeds costs ₹6. What is the greatest number of packets of seeds Kabir can buy?
  31. 31.True or false: “a cash box” is a one-time cost. (a) False (b) True
  32. 32.Which of these is a one-time cost? (a) paper cups (b) sugar (c) a cash box (d) card paper
  33. 33.True or false: “lemons” is a one-time cost. (a) True (b) False
  34. 34.📒 One-time cost or running cost: ice? (a) a running cost (b) a one-time cost
  35. 35.🔍 Which is the odd one out? (a) a cloth banner (b) a juicer (c) a cash box (d) lemons
  36. 36.🔍 Which is the odd one out? (a) a cash box (b) a cloth banner (c) a cooler box (d) seeds and soil
  37. 37.True or false: “ice” is a running cost. (a) False (b) True
  38. 38.Nisha has a budget of ₹600. The stock costs ₹300 and the stall fee is ₹260. Is the budget enough? (a) Yes (b) No
  39. 39.Joseph’s stall budget is ₹420. Sugar cost ₹30, a price board cost ₹100 and paper cups cost ₹230. How many rupees of the budget are left?
  40. 40.Which of these is a one-time cost? (a) seeds and soil (b) card paper (c) ice (d) a juicer

Answer key

  1. Yes
  2. Yes
  3. a running cost
  4. Yes
  5. True
  6. a cloth banner
  7. 40
  8. a folding table
  9. a price board
  10. a one-time cost
  11. False
  12. True
  13. a cooler box
  14. paper cups
  15. Yes
  16. True
  17. No
  18. No
  19. a running cost
  20. ice
  21. 478
  22. a running cost
  23. 190
  24. a one-time cost
  25. a cooler box
  26. No
  27. a one-time cost
  28. card paper
  29. 317
  30. 50
  31. True
  32. a cash box
  33. False
  34. a running cost
  35. lemons
  36. seeds and soil
  37. True
  38. Yes
  39. 60
  40. a juicer

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