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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 883 · 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.Which of these is a one-time cost? (a) paper cups (b) lemons (c) a cash box (d) seeds and soil
  2. 2.📒 One-time cost or running cost: a price board? (a) a one-time cost (b) a running cost
  3. 3.Lakshmi has a budget of ₹300. The stock costs ₹70 and the stall fee is ₹180. Is the budget enough? (a) No (b) Yes
  4. 4.Kavya’s stall budget is ₹690. Paper cups cost ₹170, pots cost ₹50 and card paper cost ₹290. How many rupees of the budget are left?
  5. 5.🔍 Which is the odd one out? (a) a cash box (b) a price board (c) ice (d) a cloth banner
  6. 6.Joseph’s stall budget is ₹290. Seeds cost ₹60, a banner cost ₹200 and a price board cost ₹20. How many rupees of the budget are left?
  7. 7.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost
  8. 8.Which of these is a one-time cost? (a) paper cups (b) sugar (c) ice (d) a juicer
  9. 9.🔍 Which is the odd one out? (a) a cloth banner (b) lemons (c) a juicer (d) a price board
  10. 10.🔍 Which is the odd one out? (a) a juicer (b) ice (c) lemons (d) tea leaves and milk
  11. 11.Arjun has ₹220 to spend on lemons. One lemon costs ₹4. What is the greatest number of lemons Arjun can buy?
  12. 12.🔍 Which is the odd one out? (a) card paper (b) ice (c) paper cups (d) a cloth banner
  13. 13.📒 One-time cost or running cost: card paper? (a) a one-time cost (b) a running cost
  14. 14.Ananya’s stall budget is ₹800. Pots cost ₹300, a banner cost ₹210 and paper cups cost ₹250. How many rupees of the budget are left?
  15. 15.True or false: “a cloth banner” is a running cost. (a) False (b) True
  16. 16.Vihaan’s stall budget is ₹940. Paper cups cost ₹230, seeds cost ₹270 and a price board cost ₹150. How many rupees of the budget are left?
  17. 17.True or false: “a juicer” is a running cost. (a) False (b) True
  18. 18.Joseph has ₹390 to spend on sheets of card paper. One sheet of card paper costs ₹20. What is the greatest number of sheets of card paper Joseph can buy?
  19. 19.🔍 Which is the odd one out? (a) paper cups (b) seeds and soil (c) lemons (d) a price board
  20. 20.🔍 Which is the odd one out? (a) card paper (b) a folding table (c) a juicer (d) a price board
  21. 21.Lakshmi plans to make 39 handmade cards. Each needs ₹3 of materials, and a banner costs ₹200 once. What total budget is needed (in ₹)?
  22. 22.True or false: “a cash box” is a running cost. (a) True (b) False
  23. 23.Gurpreet’s stall budget is ₹390. Napkins cost ₹90, paper cups cost ₹80 and lemons cost ₹150. How many rupees of the budget are left?
  24. 24.True or false: “card paper” is a running cost. (a) True (b) False
  25. 25.🔍 Which is the odd one out? (a) a price board (b) a juicer (c) seeds and soil (d) a cash box
  26. 26.Kabir has ₹350 to spend on lemons. One lemon costs ₹5. What is the greatest number of lemons Kabir can buy?
  27. 27.📒 One-time cost or running cost: lemons? (a) a one-time cost (b) a running cost
  28. 28.Ananya plans to make 34 friendship bands. Each needs ₹9 of materials, and a banner costs ₹290 once. What total budget is needed (in ₹)?
  29. 29.🔍 Which is the odd one out? (a) a folding table (b) sugar (c) tea leaves and milk (d) lemons
  30. 30.True or false: “a juicer” is a one-time cost. (a) True (b) False
  31. 31.True or false: “a price board” is a one-time cost. (a) False (b) True
  32. 32.Nisha has a budget of ₹500. The stock costs ₹140 and the stall fee is ₹310. Is the budget enough? (a) Yes (b) No
  33. 33.Lakshmi has ₹130 to spend on sheets of card paper. One sheet of card paper costs ₹4. What is the greatest number of sheets of card paper Lakshmi can buy?
  34. 34.🔍 Which is the odd one out? (a) card paper (b) a cooler box (c) lemons (d) paper cups
  35. 35.Lakshmi’s stall budget is ₹360. Seeds cost ₹30, a price board cost ₹170 and sugar cost ₹80. How many rupees of the budget are left?
  36. 36.Which of these is a running cost? (a) a juicer (b) a folding table (c) ice (d) a cooler box
  37. 37.True or false: “card paper” is a one-time cost. (a) True (b) False
  38. 38.📒 One-time cost or running cost: a cash box? (a) a one-time cost (b) a running cost
  39. 39.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  40. 40.Kavya has a budget of ₹600. The stock costs ₹230 and the stall fee is ₹400. Is the budget enough? (a) Yes (b) No

Answer key

  1. a cash box
  2. a one-time cost
  3. Yes
  4. 180
  5. ice
  6. 10
  7. a one-time cost
  8. a juicer
  9. lemons
  10. a juicer
  11. 55
  12. a cloth banner
  13. a running cost
  14. 40
  15. False
  16. 290
  17. False
  18. 19
  19. a price board
  20. card paper
  21. 317
  22. False
  23. 70
  24. True
  25. seeds and soil
  26. 70
  27. a running cost
  28. 596
  29. a folding table
  30. True
  31. True
  32. Yes
  33. 32
  34. a cooler box
  35. 80
  36. ice
  37. False
  38. a one-time cost
  39. a one-time cost
  40. No

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