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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 871 · 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: “ice” is a one-time cost. (a) False (b) True
  2. 2.Vihaan’s stall budget is ₹810. Lemons cost ₹190, card paper cost ₹100 and seeds cost ₹230. How many rupees of the budget are left?
  3. 3.True or false: “tea leaves and milk” is a one-time cost. (a) True (b) False
  4. 4.Which of these is a one-time cost? (a) card paper (b) lemons (c) a cooler box (d) paper cups
  5. 5.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
  6. 6.Nisha’s stall budget is ₹360. Ribbon cost ₹160, napkins cost ₹50 and paper cups cost ₹100. How many rupees of the budget are left?
  7. 7.Which of these is a one-time cost? (a) card paper (b) lemons (c) a price board (d) ice
  8. 8.Kabir plans to make 46 paper bookmarks. Each needs ₹8 of materials, and a banner costs ₹140 once. What total budget is needed (in ₹)?
  9. 9.🔍 Which is the odd one out? (a) a cloth banner (b) a juicer (c) a folding table (d) ice
  10. 10.Rohan has a budget of ₹900. The stock costs ₹440 and the stall fee is ₹470. Is the budget enough? (a) No (b) Yes
  11. 11.🔍 Which is the odd one out? (a) ice (b) tea leaves and milk (c) a juicer (d) lemons
  12. 12.📒 One-time cost or running cost: a cloth banner? (a) a one-time cost (b) a running cost
  13. 13.True or false: “seeds and soil” is a running cost. (a) True (b) False
  14. 14.True or false: “seeds and soil” is a one-time cost. (a) False (b) True
  15. 15.Lakshmi has a budget of ₹300. The stock costs ₹50 and the stall fee is ₹300. Is the budget enough? (a) Yes (b) No
  16. 16.📒 One-time cost or running cost: paper cups? (a) a running cost (b) a one-time cost
  17. 17.🔍 Which is the odd one out? (a) seeds and soil (b) a cooler box (c) a folding table (d) a cloth banner
  18. 18.Dev has a budget of ₹500. The stock costs ₹170 and the stall fee is ₹290. Is the budget enough? (a) Yes (b) No
  19. 19.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
  20. 20.Rohan’s stall budget is ₹670. Napkins cost ₹270, seeds cost ₹20 and card paper cost ₹210. How many rupees of the budget are left?
  21. 21.Rohan has ₹360 to spend on sheets of card paper. One sheet of card paper costs ₹8. What is the greatest number of sheets of card paper Rohan can buy?
  22. 22.🔍 Which is the odd one out? (a) paper cups (b) a cloth banner (c) a folding table (d) a price board
  23. 23.🔍 Which is the odd one out? (a) paper cups (b) tea leaves and milk (c) seeds and soil (d) a cash box
  24. 24.Gurpreet’s stall budget is ₹660. Sugar cost ₹100, a banner cost ₹240 and paper cups cost ₹250. How many rupees of the budget are left?
  25. 25.True or false: “a price board” is a one-time cost. (a) True (b) False
  26. 26.Meera has a budget of ₹600. The stock costs ₹200 and the stall fee is ₹360. Is the budget enough? (a) No (b) Yes
  27. 27.Which of these is a running cost? (a) a folding table (b) a juicer (c) paper cups (d) a price board
  28. 28.Saanvi has ₹250 to spend on packs of cups. One pack of cups costs ₹12. What is the greatest number of packs of cups Saanvi can buy?
  29. 29.Ishaan has ₹290 to spend on sheets of card paper. One sheet of card paper costs ₹5. What is the greatest number of sheets of card paper Ishaan can buy?
  30. 30.Gurpreet has a budget of ₹600. The stock costs ₹180 and the stall fee is ₹450. Is the budget enough? (a) No (b) Yes
  31. 31.True or false: “card paper” is a one-time cost. (a) False (b) True
  32. 32.Zoya plans to make 42 jute bags. Each needs ₹9 of materials, and a banner costs ₹130 once. What total budget is needed (in ₹)?
  33. 33.True or false: “lemons” is a one-time cost. (a) True (b) False
  34. 34.Arjun has a budget of ₹700. The stock costs ₹310 and the stall fee is ₹340. Is the budget enough? (a) No (b) Yes
  35. 35.Which of these is a running cost? (a) a folding table (b) a cloth banner (c) a cash box (d) seeds and soil
  36. 36.Kavya plans to make 12 cups of lemonade. Each needs ₹2 of materials, and a banner costs ₹210 once. What total budget is needed (in ₹)?
  37. 37.Farhan has ₹50 to spend on packs of cups. One pack of cups costs ₹15. What is the greatest number of packs of cups Farhan can buy?
  38. 38.📒 One-time cost or running cost: ice? (a) a one-time cost (b) a running cost
  39. 39.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost
  40. 40.🔍 Which is the odd one out? (a) lemons (b) a cooler box (c) a price board (d) a folding table

Answer key

  1. False
  2. 290
  3. False
  4. a cooler box
  5. a one-time cost
  6. 50
  7. a price board
  8. 508
  9. ice
  10. No
  11. a juicer
  12. a one-time cost
  13. True
  14. False
  15. No
  16. a running cost
  17. seeds and soil
  18. Yes
  19. a one-time cost
  20. 170
  21. 45
  22. paper cups
  23. a cash box
  24. 70
  25. True
  26. Yes
  27. paper cups
  28. 20
  29. 58
  30. No
  31. False
  32. 508
  33. False
  34. Yes
  35. seeds and soil
  36. 234
  37. 3
  38. a running cost
  39. a one-time cost
  40. lemons

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