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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 881 · 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: “tea leaves and milk” is a running cost. (a) False (b) True
  2. 2.True or false: “a cooler box” is a one-time cost. (a) True (b) False
  3. 3.True or false: “a cloth banner” is a one-time cost. (a) True (b) False
  4. 4.📒 One-time cost or running cost: card paper? (a) a running cost (b) a one-time cost
  5. 5.Gurpreet’s stall budget is ₹490. Card paper cost ₹120, a price board cost ₹60 and seeds cost ₹160. How many rupees of the budget are left?
  6. 6.Kavya’s stall budget is ₹720. Sugar cost ₹30, card paper cost ₹240 and pots cost ₹240. How many rupees of the budget are left?
  7. 7.📒 One-time cost or running cost: seeds and soil? (a) a one-time cost (b) a running cost
  8. 8.Saanvi’s stall budget is ₹490. Lemons cost ₹80, seeds cost ₹100 and card paper cost ₹20. How many rupees of the budget are left?
  9. 9.Arjun has ₹350 to spend on packs of cups. One pack of cups costs ₹8. What is the greatest number of packs of cups Arjun can buy?
  10. 10.Nisha’s stall budget is ₹580. A banner cost ₹80, ribbon cost ₹130 and card paper cost ₹280. How many rupees of the budget are left?
  11. 11.True or false: “seeds and soil” is a one-time cost. (a) False (b) True
  12. 12.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost
  13. 13.🔍 Which is the odd one out? (a) sugar (b) a juicer (c) paper cups (d) tea leaves and milk
  14. 14.Farhan’s stall budget is ₹330. Sugar cost ₹30, a banner cost ₹70 and pots cost ₹120. How many rupees of the budget are left?
  15. 15.Dev has a budget of ₹300. The stock costs ₹110 and the stall fee is ₹220. Is the budget enough? (a) Yes (b) No
  16. 16.Zoya plans to make 36 handmade cards. Each needs ₹7 of materials, and a banner costs ₹90 once. What total budget is needed (in ₹)?
  17. 17.Which of these is a running cost? (a) seeds and soil (b) a price board (c) a juicer (d) a cash box
  18. 18.Riya’s stall budget is ₹540. Sugar cost ₹210, pots cost ₹220 and a banner cost ₹20. How many rupees of the budget are left?
  19. 19.Zoya has a budget of ₹800. The stock costs ₹280 and the stall fee is ₹540. Is the budget enough? (a) No (b) Yes
  20. 20.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  21. 21.Vihaan has a budget of ₹300. The stock costs ₹80 and the stall fee is ₹170. Is the budget enough? (a) Yes (b) No
  22. 22.Arjun plans to make 46 clay diyas. Each needs ₹4 of materials, and a banner costs ₹120 once. What total budget is needed (in ₹)?
  23. 23.Vihaan plans to make 28 clay diyas. Each needs ₹2 of materials, and a banner costs ₹110 once. What total budget is needed (in ₹)?
  24. 24.Which of these is a one-time cost? (a) tea leaves and milk (b) card paper (c) sugar (d) a juicer
  25. 25.Arjun has a budget of ₹500. The stock costs ₹250 and the stall fee is ₹260. Is the budget enough? (a) Yes (b) No
  26. 26.Ananya’s stall budget is ₹670. Lemons cost ₹20, card paper cost ₹80 and paper cups cost ₹270. How many rupees of the budget are left?
  27. 27.Saanvi has ₹220 to spend on lemons. One lemon costs ₹20. What is the greatest number of lemons Saanvi can buy?
  28. 28.🔍 Which is the odd one out? (a) paper cups (b) a cash box (c) sugar (d) tea leaves and milk
  29. 29.Saanvi has a budget of ₹500. The stock costs ₹60 and the stall fee is ₹400. Is the budget enough? (a) Yes (b) No
  30. 30.Kavya’s stall budget is ₹690. Sugar cost ₹50, pots cost ₹300 and ribbon cost ₹300. How many rupees of the budget are left?
  31. 31.True or false: “ice” is a running cost. (a) True (b) False
  32. 32.Kabir plans to make 33 friendship bands. Each needs ₹2 of materials, and a banner costs ₹210 once. What total budget is needed (in ₹)?
  33. 33.Diya has ₹110 to spend on lemons. One lemon costs ₹4. What is the greatest number of lemons Diya can buy?
  34. 34.📒 One-time cost or running cost: lemons? (a) a running cost (b) a one-time cost
  35. 35.True or false: “a juicer” is a running cost. (a) False (b) True
  36. 36.Aarav has a budget of ₹700. The stock costs ₹50 and the stall fee is ₹630. Is the budget enough? (a) No (b) Yes
  37. 37.Kavya’s stall budget is ₹730. Pots cost ₹200, a banner cost ₹140 and sugar cost ₹280. How many rupees of the budget are left?
  38. 38.Saanvi has a budget of ₹800. The stock costs ₹270 and the stall fee is ₹500. Is the budget enough? (a) Yes (b) No
  39. 39.True or false: “a cash box” is a running cost. (a) True (b) False
  40. 40.🔍 Which is the odd one out? (a) a folding table (b) card paper (c) a price board (d) a cloth banner

Answer key

  1. True
  2. True
  3. True
  4. a running cost
  5. 150
  6. 210
  7. a running cost
  8. 290
  9. 43
  10. 90
  11. False
  12. a one-time cost
  13. a juicer
  14. 110
  15. No
  16. 342
  17. seeds and soil
  18. 90
  19. No
  20. a one-time cost
  21. Yes
  22. 304
  23. 166
  24. a juicer
  25. No
  26. 300
  27. 11
  28. a cash box
  29. Yes
  30. 40
  31. True
  32. 276
  33. 27
  34. a running cost
  35. False
  36. Yes
  37. 110
  38. Yes
  39. False
  40. card paper

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