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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 912 · 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 one-time cost. (a) False (b) True
  2. 2.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  3. 3.Which of these is a one-time cost? (a) card paper (b) a cooler box (c) tea leaves and milk (d) lemons
  4. 4.Which of these is a running cost? (a) a folding table (b) a cloth banner (c) a cash box (d) card paper
  5. 5.Ananya has a budget of ₹700. The stock costs ₹340 and the stall fee is ₹350. Is the budget enough? (a) No (b) Yes
  6. 6.Kavya has a budget of ₹900. The stock costs ₹270 and the stall fee is ₹660. Is the budget enough? (a) No (b) Yes
  7. 7.Which of these is a running cost? (a) a price board (b) a juicer (c) a folding table (d) tea leaves and milk
  8. 8.Aarav has ₹390 to spend on sheets of card paper. One sheet of card paper costs ₹5. What is the greatest number of sheets of card paper Aarav can buy?
  9. 9.🔍 Which is the odd one out? (a) a folding table (b) lemons (c) card paper (d) seeds and soil
  10. 10.True or false: “a price board” is a running cost. (a) True (b) False
  11. 11.Ishaan has ₹250 to spend on sheets of card paper. One sheet of card paper costs ₹4. What is the greatest number of sheets of card paper Ishaan can buy?
  12. 12.📒 One-time cost or running cost: ice? (a) a one-time cost (b) a running cost
  13. 13.Kabir’s stall budget is ₹620. A price board cost ₹50, lemons cost ₹250 and a banner cost ₹50. How many rupees of the budget are left?
  14. 14.True or false: “card paper” is a one-time cost. (a) False (b) True
  15. 15.Aarav has a budget of ₹700. The stock costs ₹70 and the stall fee is ₹680. Is the budget enough? (a) No (b) Yes
  16. 16.🔍 Which is the odd one out? (a) lemons (b) a juicer (c) a cloth banner (d) a price board
  17. 17.Zoya has ₹420 to spend on packets of seeds. One packet of seeds costs ₹4. What is the greatest number of packets of seeds Zoya can buy?
  18. 18.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
  19. 19.🔍 Which is the odd one out? (a) ice (b) paper cups (c) lemons (d) a juicer
  20. 20.Ishaan has a budget of ₹600. The stock costs ₹300 and the stall fee is ₹250. Is the budget enough? (a) Yes (b) No
  21. 21.True or false: “a cooler box” is a one-time cost. (a) True (b) False
  22. 22.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
  23. 23.True or false: “a price board” is a one-time cost. (a) True (b) False
  24. 24.Saanvi has ₹190 to spend on rolls of ribbon. One roll of ribbon costs ₹15. What is the greatest number of rolls of ribbon Saanvi can buy?
  25. 25.🔍 Which is the odd one out? (a) ice (b) a cloth banner (c) lemons (d) card paper
  26. 26.Vihaan has ₹140 to spend on sheets of card paper. One sheet of card paper costs ₹6. What is the greatest number of sheets of card paper Vihaan can buy?
  27. 27.Which of these is a one-time cost? (a) ice (b) sugar (c) a price board (d) seeds and soil
  28. 28.Arjun’s stall budget is ₹610. Paper cups cost ₹130, ribbon cost ₹70 and card paper cost ₹250. How many rupees of the budget are left?
  29. 29.🔍 Which is the odd one out? (a) paper cups (b) lemons (c) a cooler box (d) ice
  30. 30.True or false: “a juicer” is a running cost. (a) False (b) True
  31. 31.🔍 Which is the odd one out? (a) a cloth banner (b) a juicer (c) a folding table (d) tea leaves and milk
  32. 32.Ananya’s stall budget is ₹720. A price board cost ₹180, seeds cost ₹210 and lemons cost ₹300. How many rupees of the budget are left?
  33. 33.Tara has ₹440 to spend on rolls of ribbon. One roll of ribbon costs ₹5. What is the greatest number of rolls of ribbon Tara can buy?
  34. 34.Kabir’s stall budget is ₹810. Pots cost ₹160, sugar cost ₹200 and seeds cost ₹230. How many rupees of the budget are left?
  35. 35.Which of these is a running cost? (a) a folding table (b) a cooler box (c) a juicer (d) ice
  36. 36.True or false: “paper cups” is a running cost. (a) True (b) False
  37. 37.🔍 Which is the odd one out? (a) a folding table (b) sugar (c) a juicer (d) a cooler box
  38. 38.Which of these is a one-time cost? (a) a cloth banner (b) seeds and soil (c) paper cups (d) ice
  39. 39.Meera’s stall budget is ₹970. Card paper cost ₹200, pots cost ₹290 and paper cups cost ₹260. How many rupees of the budget are left?
  40. 40.Rohan has a budget of ₹300. The stock costs ₹50 and the stall fee is ₹200. Is the budget enough? (a) No (b) Yes

Answer key

  1. False
  2. a one-time cost
  3. a cooler box
  4. card paper
  5. Yes
  6. No
  7. tea leaves and milk
  8. 78
  9. a folding table
  10. False
  11. 62
  12. a running cost
  13. 270
  14. False
  15. No
  16. lemons
  17. 105
  18. a one-time cost
  19. a juicer
  20. Yes
  21. True
  22. a running cost
  23. True
  24. 12
  25. a cloth banner
  26. 23
  27. a price board
  28. 160
  29. a cooler box
  30. False
  31. tea leaves and milk
  32. 30
  33. 88
  34. 220
  35. ice
  36. True
  37. sugar
  38. a cloth banner
  39. 220
  40. Yes

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