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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 98 · 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 folding table? (a) a one-time cost (b) a running cost
  2. 2.🔍 Which is the odd one out? (a) ice (b) a folding table (c) a cash box (d) a cooler box
  3. 3.Lakshmi plans to make 22 handmade cards. Each needs ₹10 of materials, and a banner costs ₹110 once. What total budget is needed (in ₹)?
  4. 4.🔍 Which is the odd one out? (a) ice (b) lemons (c) a cash box (d) seeds and soil
  5. 5.Kabir has a budget of ₹600. The stock costs ₹180 and the stall fee is ₹370. Is the budget enough? (a) Yes (b) No
  6. 6.Which of these is a one-time cost? (a) seeds and soil (b) ice (c) a folding table (d) paper cups
  7. 7.Kabir has ₹50 to spend on lemons. One lemon costs ₹15. What is the greatest number of lemons Kabir can buy?
  8. 8.🔍 Which is the odd one out? (a) a cash box (b) a folding table (c) paper cups (d) a cooler box
  9. 9.🔍 Which is the odd one out? (a) tea leaves and milk (b) a juicer (c) a cooler box (d) a folding table
  10. 10.Which of these is a one-time cost? (a) lemons (b) card paper (c) paper cups (d) a price board
  11. 11.📒 One-time cost or running cost: lemons? (a) a one-time cost (b) a running cost
  12. 12.Arjun has a budget of ₹800. The stock costs ₹130 and the stall fee is ₹720. Is the budget enough? (a) Yes (b) No
  13. 13.🔍 Which is the odd one out? (a) a juicer (b) seeds and soil (c) a price board (d) a folding table
  14. 14.Kabir has a budget of ₹300. The stock costs ₹90 and the stall fee is ₹160. Is the budget enough? (a) No (b) Yes
  15. 15.Arjun has ₹120 to spend on sheets of card paper. One sheet of card paper costs ₹12. What is the greatest number of sheets of card paper Arjun can buy?
  16. 16.Which of these is a running cost? (a) a cooler box (b) a cloth banner (c) a price board (d) lemons
  17. 17.🔍 Which is the odd one out? (a) sugar (b) a juicer (c) a cloth banner (d) a price board
  18. 18.Which of these is a one-time cost? (a) tea leaves and milk (b) sugar (c) paper cups (d) a juicer
  19. 19.True or false: “a folding table” is a running cost. (a) True (b) False
  20. 20.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  21. 21.True or false: “ice” is a one-time cost. (a) False (b) True
  22. 22.📒 One-time cost or running cost: ice? (a) a running cost (b) a one-time cost
  23. 23.True or false: “tea leaves and milk” is a running cost. (a) False (b) True
  24. 24.Dev’s stall budget is ₹720. A banner cost ₹260, seeds cost ₹190 and lemons cost ₹200. How many rupees of the budget are left?
  25. 25.True or false: “seeds and soil” is a running cost. (a) False (b) True
  26. 26.Which of these is a one-time cost? (a) a cooler box (b) seeds and soil (c) ice (d) paper cups
  27. 27.🔍 Which is the odd one out? (a) a cash box (b) a folding table (c) a cloth banner (d) lemons
  28. 28.Which of these is a running cost? (a) a juicer (b) a cloth banner (c) card paper (d) a cash box
  29. 29.Tara has ₹180 to spend on packs of cups. One pack of cups costs ₹20. What is the greatest number of packs of cups Tara can buy?
  30. 30.Meera has a budget of ₹300. The stock costs ₹120 and the stall fee is ₹190. Is the budget enough? (a) Yes (b) No
  31. 31.True or false: “a cooler box” is a one-time cost. (a) True (b) False
  32. 32.Arjun has ₹450 to spend on packs of cups. One pack of cups costs ₹4. What is the greatest number of packs of cups Arjun can buy?
  33. 33.Tara has a budget of ₹500. The stock costs ₹250 and the stall fee is ₹240. Is the budget enough? (a) No (b) Yes
  34. 34.Kavya has ₹270 to spend on packs of cups. One pack of cups costs ₹10. What is the greatest number of packs of cups Kavya can buy?
  35. 35.True or false: “a folding table” is a one-time cost. (a) False (b) True
  36. 36.📒 One-time cost or running cost: paper cups? (a) a running cost (b) a one-time cost
  37. 37.Vihaan’s stall budget is ₹910. Napkins cost ₹180, paper cups cost ₹260 and lemons cost ₹280. How many rupees of the budget are left?
  38. 38.Arjun’s stall budget is ₹920. Paper cups cost ₹300, sugar cost ₹280 and lemons cost ₹280. How many rupees of the budget are left?
  39. 39.True or false: “lemons” is a one-time cost. (a) False (b) True
  40. 40.True or false: “paper cups” is a one-time cost. (a) True (b) False

Answer key

  1. a one-time cost
  2. ice
  3. 330
  4. a cash box
  5. Yes
  6. a folding table
  7. 3
  8. paper cups
  9. tea leaves and milk
  10. a price board
  11. a running cost
  12. No
  13. seeds and soil
  14. Yes
  15. 10
  16. lemons
  17. sugar
  18. a juicer
  19. False
  20. a one-time cost
  21. False
  22. a running cost
  23. True
  24. 70
  25. True
  26. a cooler box
  27. lemons
  28. card paper
  29. 9
  30. No
  31. True
  32. 112
  33. Yes
  34. 27
  35. True
  36. a running cost
  37. 190
  38. 60
  39. False
  40. False

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