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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 994 · 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: paper cups? (a) a one-time cost (b) a running cost
  2. 2.True or false: “tea leaves and milk” is a one-time cost. (a) True (b) False
  3. 3.🔍 Which is the odd one out? (a) a folding table (b) card paper (c) seeds and soil (d) ice
  4. 4.Ananya has a budget of ₹400. The stock costs ₹170 and the stall fee is ₹220. Is the budget enough? (a) Yes (b) No
  5. 5.Meera has ₹350 to spend on packets of seeds. One packet of seeds costs ₹8. What is the greatest number of packets of seeds Meera can buy?
  6. 6.🔍 Which is the odd one out? (a) ice (b) a cash box (c) seeds and soil (d) card paper
  7. 7.📒 One-time cost or running cost: a cash box? (a) a one-time cost (b) a running cost
  8. 8.True or false: “ice” is a one-time cost. (a) True (b) False
  9. 9.🔍 Which is the odd one out? (a) a folding table (b) a juicer (c) paper cups (d) a price board
  10. 10.Lakshmi’s stall budget is ₹450. Seeds cost ₹140, pots cost ₹80 and a price board cost ₹20. How many rupees of the budget are left?
  11. 11.Riya has a budget of ₹900. The stock costs ₹210 and the stall fee is ₹650. Is the budget enough? (a) No (b) Yes
  12. 12.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  13. 13.Aarav has ₹130 to spend on sheets of card paper. One sheet of card paper costs ₹8. What is the greatest number of sheets of card paper Aarav can buy?
  14. 14.Which of these is a one-time cost? (a) ice (b) paper cups (c) a cloth banner (d) lemons
  15. 15.Which of these is a running cost? (a) a cash box (b) a cooler box (c) card paper (d) a price board
  16. 16.📒 One-time cost or running cost: seeds and soil? (a) a running cost (b) a one-time cost
  17. 17.Nisha has ₹370 to spend on rolls of ribbon. One roll of ribbon costs ₹15. What is the greatest number of rolls of ribbon Nisha can buy?
  18. 18.🔍 Which is the odd one out? (a) tea leaves and milk (b) paper cups (c) seeds and soil (d) a cloth banner
  19. 19.Tara has a budget of ₹900. The stock costs ₹370 and the stall fee is ₹530. Is the budget enough? (a) Yes (b) No
  20. 20.Kabir has a budget of ₹900. The stock costs ₹130 and the stall fee is ₹760. Is the budget enough? (a) No (b) Yes
  21. 21.📒 One-time cost or running cost: lemons? (a) a one-time cost (b) a running cost
  22. 22.Zoya plans to make 14 clay diyas. Each needs ₹10 of materials, and a banner costs ₹80 once. What total budget is needed (in ₹)?
  23. 23.Rohan has a budget of ₹1000. The stock costs ₹240 and the stall fee is ₹740. Is the budget enough? (a) Yes (b) No
  24. 24.Riya has a budget of ₹500. The stock costs ₹50 and the stall fee is ₹440. Is the budget enough? (a) No (b) Yes
  25. 25.Farhan has a budget of ₹1000. The stock costs ₹80 and the stall fee is ₹890. Is the budget enough? (a) No (b) Yes
  26. 26.📒 One-time cost or running cost: ice? (a) a one-time cost (b) a running cost
  27. 27.True or false: “a cooler box” is a one-time cost. (a) False (b) True
  28. 28.🔍 Which is the odd one out? (a) lemons (b) a cash box (c) a cooler box (d) a juicer
  29. 29.Nisha’s stall budget is ₹630. A banner cost ₹150, paper cups cost ₹140 and pots cost ₹280. How many rupees of the budget are left?
  30. 30.Farhan’s stall budget is ₹470. A price board cost ₹80, sugar cost ₹200 and paper cups cost ₹170. How many rupees of the budget are left?
  31. 31.Which of these is a running cost? (a) a juicer (b) sugar (c) a folding table (d) a cooler box
  32. 32.Nisha plans to make 24 paper bookmarks. Each needs ₹6 of materials, and a banner costs ₹250 once. What total budget is needed (in ₹)?
  33. 33.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost
  34. 34.Nisha has a budget of ₹700. The stock costs ₹260 and the stall fee is ₹480. Is the budget enough? (a) Yes (b) No
  35. 35.True or false: “paper cups” is a one-time cost. (a) True (b) False
  36. 36.Rohan’s stall budget is ₹650. Seeds cost ₹240, a price board cost ₹110 and napkins cost ₹200. How many rupees of the budget are left?
  37. 37.True or false: “card paper” is a running cost. (a) True (b) False
  38. 38.🔍 Which is the odd one out? (a) a cooler box (b) a folding table (c) a price board (d) sugar
  39. 39.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
  40. 40.Ishaan has ₹260 to spend on lemons. One lemon costs ₹20. What is the greatest number of lemons Ishaan can buy?

Answer key

  1. a running cost
  2. False
  3. a folding table
  4. Yes
  5. 43
  6. a cash box
  7. a one-time cost
  8. False
  9. paper cups
  10. 210
  11. Yes
  12. a one-time cost
  13. 16
  14. a cloth banner
  15. card paper
  16. a running cost
  17. 24
  18. a cloth banner
  19. Yes
  20. Yes
  21. a running cost
  22. 220
  23. Yes
  24. Yes
  25. Yes
  26. a running cost
  27. True
  28. lemons
  29. 60
  30. 20
  31. sugar
  32. 394
  33. a one-time cost
  34. No
  35. False
  36. 100
  37. True
  38. sugar
  39. a one-time cost
  40. 13

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