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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 924 · 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.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
  2. 2.Kabir has a budget of ₹500. The stock costs ₹250 and the stall fee is ₹210. Is the budget enough? (a) No (b) Yes
  3. 3.🔍 Which is the odd one out? (a) a juicer (b) sugar (c) a price board (d) a folding table
  4. 4.🔍 Which is the odd one out? (a) tea leaves and milk (b) a price board (c) a cloth banner (d) a cash box
  5. 5.📒 One-time cost or running cost: paper cups? (a) a one-time cost (b) a running cost
  6. 6.🔍 Which is the odd one out? (a) paper cups (b) card paper (c) tea leaves and milk (d) a folding table
  7. 7.True or false: “a cloth banner” is a one-time cost. (a) True (b) False
  8. 8.Zoya’s stall budget is ₹620. Card paper cost ₹90, a price board cost ₹160 and sugar cost ₹230. How many rupees of the budget are left?
  9. 9.Ishaan’s stall budget is ₹670. A price board cost ₹220, paper cups cost ₹210 and card paper cost ₹170. How many rupees of the budget are left?
  10. 10.📒 One-time cost or running cost: tea leaves and milk? (a) a running cost (b) a one-time cost
  11. 11.🔍 Which is the odd one out? (a) paper cups (b) tea leaves and milk (c) a juicer (d) seeds and soil
  12. 12.Which of these is a running cost? (a) a cloth banner (b) a folding table (c) a cash box (d) paper cups
  13. 13.Nisha has ₹400 to spend on lemons. One lemon costs ₹12. What is the greatest number of lemons Nisha can buy?
  14. 14.Which of these is a one-time cost? (a) card paper (b) lemons (c) tea leaves and milk (d) a price board
  15. 15.Ishaan’s stall budget is ₹530. Lemons cost ₹170, pots cost ₹80 and seeds cost ₹90. How many rupees of the budget are left?
  16. 16.Riya has a budget of ₹400. The stock costs ₹140 and the stall fee is ₹300. Is the budget enough? (a) Yes (b) No
  17. 17.Riya’s stall budget is ₹800. Pots cost ₹260, seeds cost ₹260 and a banner cost ₹150. How many rupees of the budget are left?
  18. 18.Farhan has ₹50 to spend on lemons. One lemon costs ₹15. What is the greatest number of lemons Farhan can buy?
  19. 19.Arjun has a budget of ₹600. The stock costs ₹200 and the stall fee is ₹360. Is the budget enough? (a) Yes (b) No
  20. 20.Which of these is a one-time cost? (a) tea leaves and milk (b) lemons (c) a cloth banner (d) ice
  21. 21.Farhan has ₹290 to spend on rolls of ribbon. One roll of ribbon costs ₹4. What is the greatest number of rolls of ribbon Farhan can buy?
  22. 22.🔍 Which is the odd one out? (a) a cloth banner (b) paper cups (c) a folding table (d) a juicer
  23. 23.True or false: “a cooler box” is a running cost. (a) False (b) True
  24. 24.Rohan has a budget of ₹1000. The stock costs ₹240 and the stall fee is ₹740. Is the budget enough? (a) No (b) Yes
  25. 25.True or false: “a folding table” is a running cost. (a) False (b) True
  26. 26.Nisha’s stall budget is ₹760. Ribbon cost ₹110, lemons cost ₹280 and seeds cost ₹180. How many rupees of the budget are left?
  27. 27.Riya plans to make 35 handmade cards. Each needs ₹8 of materials, and a banner costs ₹120 once. What total budget is needed (in ₹)?
  28. 28.Which of these is a running cost? (a) tea leaves and milk (b) a cloth banner (c) a price board (d) a cash box
  29. 29.Saanvi’s stall budget is ₹380. Seeds cost ₹50, napkins cost ₹180 and pots cost ₹130. How many rupees of the budget are left?
  30. 30.📒 One-time cost or running cost: lemons? (a) a one-time cost (b) a running cost
  31. 31.Ishaan plans to make 14 clay diyas. Each needs ₹5 of materials, and a banner costs ₹260 once. What total budget is needed (in ₹)?
  32. 32.True or false: “tea leaves and milk” is a running cost. (a) False (b) True
  33. 33.Joseph plans to make 45 cups of lemonade. Each needs ₹5 of materials, and a banner costs ₹50 once. What total budget is needed (in ₹)?
  34. 34.Diya’s stall budget is ₹500. Paper cups cost ₹190, a price board cost ₹40 and card paper cost ₹50. How many rupees of the budget are left?
  35. 35.📒 One-time cost or running cost: a cash box? (a) a one-time cost (b) a running cost
  36. 36.Vihaan has a budget of ₹600. The stock costs ₹50 and the stall fee is ₹590. Is the budget enough? (a) Yes (b) No
  37. 37.Arjun plans to make 36 glasses of chai. Each needs ₹9 of materials, and a banner costs ₹250 once. What total budget is needed (in ₹)?
  38. 38.Saanvi has a budget of ₹800. The stock costs ₹380 and the stall fee is ₹440. Is the budget enough? (a) No (b) Yes
  39. 39.🔍 Which is the odd one out? (a) a folding table (b) card paper (c) a cash box (d) a juicer
  40. 40.Lakshmi’s stall budget is ₹330. Seeds cost ₹30, ribbon cost ₹60 and a banner cost ₹80. How many rupees of the budget are left?

Answer key

  1. a one-time cost
  2. Yes
  3. sugar
  4. tea leaves and milk
  5. a running cost
  6. a folding table
  7. True
  8. 140
  9. 70
  10. a running cost
  11. a juicer
  12. paper cups
  13. 33
  14. a price board
  15. 190
  16. No
  17. 130
  18. 3
  19. Yes
  20. a cloth banner
  21. 72
  22. paper cups
  23. False
  24. Yes
  25. False
  26. 190
  27. 400
  28. tea leaves and milk
  29. 20
  30. a running cost
  31. 330
  32. True
  33. 275
  34. 220
  35. a one-time cost
  36. No
  37. 574
  38. No
  39. card paper
  40. 160

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