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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 934 · 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: “seeds and soil” is a running cost. (a) True (b) False
  2. 2.🔍 Which is the odd one out? (a) a cooler box (b) sugar (c) lemons (d) paper cups
  3. 3.🔍 Which is the odd one out? (a) tea leaves and milk (b) seeds and soil (c) a folding table (d) lemons
  4. 4.Which of these is a one-time cost? (a) sugar (b) a cooler box (c) card paper (d) lemons
  5. 5.True or false: “sugar” is a one-time cost. (a) False (b) True
  6. 6.True or false: “a juicer” is a running cost. (a) True (b) False
  7. 7.Kabir has a budget of ₹1000. The stock costs ₹80 and the stall fee is ₹930. Is the budget enough? (a) Yes (b) No
  8. 8.True or false: “tea leaves and milk” is a running cost. (a) True (b) False
  9. 9.Kavya’s stall budget is ₹330. Seeds cost ₹130, a price board cost ₹20 and lemons cost ₹70. How many rupees of the budget are left?
  10. 10.True or false: “a cloth banner” is a one-time cost. (a) True (b) False
  11. 11.Arjun’s stall budget is ₹710. Card paper cost ₹210, napkins cost ₹300 and paper cups cost ₹60. How many rupees of the budget are left?
  12. 12.True or false: “a cash box” is a one-time cost. (a) False (b) True
  13. 13.Which of these is a running cost? (a) card paper (b) a cooler box (c) a price board (d) a folding table
  14. 14.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
  15. 15.True or false: “a folding table” is a running cost. (a) True (b) False
  16. 16.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost
  17. 17.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
  18. 18.True or false: “paper cups” is a one-time cost. (a) False (b) True
  19. 19.Ishaan’s stall budget is ₹730. Ribbon cost ₹290, pots cost ₹80 and card paper cost ₹250. How many rupees of the budget are left?
  20. 20.Which of these is a one-time cost? (a) ice (b) lemons (c) a juicer (d) card paper
  21. 21.Tara’s stall budget is ₹850. Lemons cost ₹160, seeds cost ₹250 and a price board cost ₹270. How many rupees of the budget are left?
  22. 22.Joseph plans to make 36 handmade cards. Each needs ₹9 of materials, and a banner costs ₹230 once. What total budget is needed (in ₹)?
  23. 23.True or false: “a folding table” is a one-time cost. (a) False (b) True
  24. 24.Ananya plans to make 29 potted plants. Each needs ₹2 of materials, and a banner costs ₹60 once. What total budget is needed (in ₹)?
  25. 25.🔍 Which is the odd one out? (a) a cash box (b) a cooler box (c) lemons (d) a juicer
  26. 26.Joseph’s stall budget is ₹230. Seeds cost ₹100, lemons cost ₹30 and card paper cost ₹20. How many rupees of the budget are left?
  27. 27.🔍 Which is the odd one out? (a) ice (b) a juicer (c) card paper (d) tea leaves and milk
  28. 28.Farhan has a budget of ₹800. The stock costs ₹390 and the stall fee is ₹380. Is the budget enough? (a) No (b) Yes
  29. 29.Nisha’s stall budget is ₹380. Card paper cost ₹60, ribbon cost ₹130 and a price board cost ₹60. How many rupees of the budget are left?
  30. 30.Ananya plans to make 30 clay diyas. Each needs ₹4 of materials, and a banner costs ₹70 once. What total budget is needed (in ₹)?
  31. 31.Tara’s stall budget is ₹420. Paper cups cost ₹30, seeds cost ₹150 and card paper cost ₹130. How many rupees of the budget are left?
  32. 32.Which of these is a running cost? (a) a folding table (b) sugar (c) a price board (d) a cooler box
  33. 33.📒 One-time cost or running cost: lemons? (a) a one-time cost (b) a running cost
  34. 34.Saanvi has a budget of ₹1000. The stock costs ₹500 and the stall fee is ₹450. Is the budget enough? (a) No (b) Yes
  35. 35.Aarav has a budget of ₹600. The stock costs ₹220 and the stall fee is ₹400. Is the budget enough? (a) No (b) Yes
  36. 36.Joseph has ₹430 to spend on rolls of ribbon. One roll of ribbon costs ₹20. What is the greatest number of rolls of ribbon Joseph can buy?
  37. 37.Ishaan has a budget of ₹1000. The stock costs ₹110 and the stall fee is ₹930. Is the budget enough? (a) No (b) Yes
  38. 38.🔍 Which is the odd one out? (a) a price board (b) a cooler box (c) card paper (d) a folding table
  39. 39.Which of these is a one-time cost? (a) sugar (b) a folding table (c) seeds and soil (d) paper cups
  40. 40.Ishaan’s stall budget is ₹540. A price board cost ₹200, pots cost ₹70 and lemons cost ₹70. How many rupees of the budget are left?

Answer key

  1. True
  2. a cooler box
  3. a folding table
  4. a cooler box
  5. False
  6. False
  7. No
  8. True
  9. 110
  10. True
  11. 140
  12. True
  13. card paper
  14. a one-time cost
  15. False
  16. a one-time cost
  17. a one-time cost
  18. False
  19. 110
  20. a juicer
  21. 170
  22. 554
  23. True
  24. 118
  25. lemons
  26. 80
  27. a juicer
  28. Yes
  29. 130
  30. 190
  31. 110
  32. sugar
  33. a running cost
  34. Yes
  35. No
  36. 21
  37. No
  38. card paper
  39. a folding table
  40. 200

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