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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 935 · 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 one-time cost. (a) False (b) True
  2. 2.🔍 Which is the odd one out? (a) a cash box (b) a cooler box (c) tea leaves and milk (d) a price board
  3. 3.True or false: “card paper” is a one-time cost. (a) False (b) True
  4. 4.Meera has a budget of ₹800. The stock costs ₹200 and the stall fee is ₹550. Is the budget enough? (a) No (b) Yes
  5. 5.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  6. 6.Saanvi plans to make 40 cupcakes. Each needs ₹7 of materials, and a banner costs ₹210 once. What total budget is needed (in ₹)?
  7. 7.🔍 Which is the odd one out? (a) a cooler box (b) lemons (c) a price board (d) a cash box
  8. 8.Nisha’s stall budget is ₹680. Lemons cost ₹160, pots cost ₹120 and paper cups cost ₹240. How many rupees of the budget are left?
  9. 9.Lakshmi’s stall budget is ₹620. A banner cost ₹170, sugar cost ₹270 and ribbon cost ₹20. How many rupees of the budget are left?
  10. 10.📒 One-time cost or running cost: paper cups? (a) a running cost (b) a one-time cost
  11. 11.Diya has a budget of ₹600. The stock costs ₹290 and the stall fee is ₹290. Is the budget enough? (a) No (b) Yes
  12. 12.True or false: “a cooler box” is a running cost. (a) True (b) False
  13. 13.Which of these is a one-time cost? (a) card paper (b) ice (c) paper cups (d) a folding table
  14. 14.Meera has ₹400 to spend on packets of seeds. One packet of seeds costs ₹4. What is the greatest number of packets of seeds Meera can buy?
  15. 15.🔍 Which is the odd one out? (a) a cloth banner (b) ice (c) paper cups (d) card paper
  16. 16.True or false: “ice” is a one-time cost. (a) True (b) False
  17. 17.True or false: “a price board” is a one-time cost. (a) True (b) False
  18. 18.True or false: “a price board” is a running cost. (a) True (b) False
  19. 19.📒 One-time cost or running cost: seeds and soil? (a) a one-time cost (b) a running cost
  20. 20.📒 One-time cost or running cost: tea leaves and milk? (a) a running cost (b) a one-time cost
  21. 21.True or false: “seeds and soil” is a running cost. (a) False (b) True
  22. 22.Joseph’s stall budget is ₹690. Sugar cost ₹120, card paper cost ₹170 and lemons cost ₹150. How many rupees of the budget are left?
  23. 23.🔍 Which is the odd one out? (a) seeds and soil (b) paper cups (c) a price board (d) lemons
  24. 24.Riya has a budget of ₹800. The stock costs ₹390 and the stall fee is ₹380. Is the budget enough? (a) Yes (b) No
  25. 25.🔍 Which is the odd one out? (a) sugar (b) ice (c) lemons (d) a juicer
  26. 26.🔍 Which is the odd one out? (a) paper cups (b) a cloth banner (c) a folding table (d) a price board
  27. 27.Aarav has a budget of ₹300. The stock costs ₹100 and the stall fee is ₹200. Is the budget enough? (a) No (b) Yes
  28. 28.Which of these is a running cost? (a) a cloth banner (b) a cash box (c) a price board (d) sugar
  29. 29.Saanvi plans to make 33 cups of lemonade. Each needs ₹7 of materials, and a banner costs ₹180 once. What total budget is needed (in ₹)?
  30. 30.Tara’s stall budget is ₹730. Sugar cost ₹40, lemons cost ₹250 and paper cups cost ₹160. How many rupees of the budget are left?
  31. 31.Joseph has a budget of ₹500. The stock costs ₹120 and the stall fee is ₹360. Is the budget enough? (a) No (b) Yes
  32. 32.🔍 Which is the odd one out? (a) a folding table (b) a cooler box (c) ice (d) a cloth banner
  33. 33.True or false: “a cash box” is a running cost. (a) True (b) False
  34. 34.Which of these is a one-time cost? (a) card paper (b) seeds and soil (c) tea leaves and milk (d) a price board
  35. 35.🔍 Which is the odd one out? (a) seeds and soil (b) a cooler box (c) paper cups (d) ice
  36. 36.Nisha’s stall budget is ₹490. Paper cups cost ₹50, sugar cost ₹50 and card paper cost ₹230. How many rupees of the budget are left?
  37. 37.Gurpreet’s stall budget is ₹390. Sugar cost ₹120, napkins cost ₹130 and ribbon cost ₹50. How many rupees of the budget are left?
  38. 38.True or false: “paper cups” is a one-time cost. (a) True (b) False
  39. 39.Vihaan’s stall budget is ₹400. Napkins cost ₹100, a banner cost ₹130 and a price board cost ₹60. How many rupees of the budget are left?
  40. 40.Diya has a budget of ₹500. The stock costs ₹50 and the stall fee is ₹500. Is the budget enough? (a) No (b) Yes

Answer key

  1. False
  2. tea leaves and milk
  3. False
  4. Yes
  5. a one-time cost
  6. 490
  7. lemons
  8. 160
  9. 160
  10. a running cost
  11. Yes
  12. False
  13. a folding table
  14. 100
  15. a cloth banner
  16. False
  17. True
  18. False
  19. a running cost
  20. a running cost
  21. True
  22. 250
  23. a price board
  24. Yes
  25. a juicer
  26. paper cups
  27. Yes
  28. sugar
  29. 411
  30. 280
  31. Yes
  32. ice
  33. False
  34. a price board
  35. a cooler box
  36. 160
  37. 90
  38. False
  39. 110
  40. No

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