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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 100 · 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.Which of these is a one-time cost? (a) a cash box (b) ice (c) card paper (d) paper cups
  2. 2.🔍 Which is the odd one out? (a) card paper (b) ice (c) tea leaves and milk (d) a cooler box
  3. 3.Riya plans to make 25 painted pebbles. Each needs ₹8 of materials, and a banner costs ₹90 once. What total budget is needed (in ₹)?
  4. 4.Which of these is a running cost? (a) a price board (b) a cloth banner (c) sugar (d) a cooler box
  5. 5.Tara has ₹260 to spend on packets of seeds. One packet of seeds costs ₹15. What is the greatest number of packets of seeds Tara can buy?
  6. 6.🔍 Which is the odd one out? (a) a folding table (b) a juicer (c) paper cups (d) a cloth banner
  7. 7.True or false: “a cash box” is a running cost. (a) False (b) True
  8. 8.Which of these is a running cost? (a) a juicer (b) a folding table (c) card paper (d) a price board
  9. 9.Which of these is a running cost? (a) a cloth banner (b) a price board (c) lemons (d) a folding table
  10. 10.Zoya’s stall budget is ₹500. Paper cups cost ₹70, seeds cost ₹140 and sugar cost ₹260. How many rupees of the budget are left?
  11. 11.True or false: “a juicer” is a running cost. (a) True (b) False
  12. 12.Ananya has a budget of ₹500. The stock costs ₹160 and the stall fee is ₹320. Is the budget enough? (a) Yes (b) No
  13. 13.True or false: “a cash box” is a one-time cost. (a) True (b) False
  14. 14.Which of these is a running cost? (a) a cloth banner (b) a juicer (c) a cash box (d) ice
  15. 15.🔍 Which is the odd one out? (a) card paper (b) paper cups (c) seeds and soil (d) a folding table
  16. 16.True or false: “card paper” is a one-time cost. (a) False (b) True
  17. 17.Which of these is a running cost? (a) a juicer (b) a folding table (c) a cash box (d) paper cups
  18. 18.🔍 Which is the odd one out? (a) lemons (b) a folding table (c) a cash box (d) a juicer
  19. 19.True or false: “a folding table” is a one-time cost. (a) False (b) True
  20. 20.🔍 Which is the odd one out? (a) sugar (b) a folding table (c) a juicer (d) a cash box
  21. 21.🔍 Which is the odd one out? (a) card paper (b) paper cups (c) a cash box (d) tea leaves and milk
  22. 22.Vihaan has a budget of ₹300. The stock costs ₹70 and the stall fee is ₹260. Is the budget enough? (a) No (b) Yes
  23. 23.Arjun plans to make 29 bags of popcorn. Each needs ₹6 of materials, and a banner costs ₹130 once. What total budget is needed (in ₹)?
  24. 24.Which of these is a running cost? (a) a price board (b) a folding table (c) a cloth banner (d) tea leaves and milk
  25. 25.📒 One-time cost or running cost: lemons? (a) a one-time cost (b) a running cost
  26. 26.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  27. 27.Kavya has a budget of ₹400. The stock costs ₹190 and the stall fee is ₹240. Is the budget enough? (a) No (b) Yes
  28. 28.📒 One-time cost or running cost: tea leaves and milk? (a) a running cost (b) a one-time cost
  29. 29.🔍 Which is the odd one out? (a) a cash box (b) a folding table (c) seeds and soil (d) a cloth banner
  30. 30.True or false: “seeds and soil” is a running cost. (a) True (b) False
  31. 31.Farhan’s stall budget is ₹600. Seeds cost ₹280, paper cups cost ₹90 and a price board cost ₹150. How many rupees of the budget are left?
  32. 32.True or false: “a cooler box” is a running cost. (a) True (b) False
  33. 33.Kabir has a budget of ₹300. The stock costs ₹70 and the stall fee is ₹220. Is the budget enough? (a) Yes (b) No
  34. 34.Gurpreet plans to make 49 cupcakes. Each needs ₹8 of materials, and a banner costs ₹90 once. What total budget is needed (in ₹)?
  35. 35.True or false: “sugar” is a one-time cost. (a) True (b) False
  36. 36.True or false: “a cooler box” is a one-time cost. (a) False (b) True
  37. 37.Gurpreet has a budget of ₹1000. The stock costs ₹330 and the stall fee is ₹720. Is the budget enough? (a) Yes (b) No
  38. 38.Zoya has a budget of ₹600. The stock costs ₹80 and the stall fee is ₹470. Is the budget enough? (a) No (b) Yes
  39. 39.Lakshmi plans to make 18 paper bookmarks. Each needs ₹8 of materials, and a banner costs ₹160 once. What total budget is needed (in ₹)?
  40. 40.📒 One-time cost or running cost: paper cups? (a) a one-time cost (b) a running cost

Answer key

  1. a cash box
  2. a cooler box
  3. 290
  4. sugar
  5. 17
  6. paper cups
  7. False
  8. card paper
  9. lemons
  10. 30
  11. False
  12. Yes
  13. True
  14. ice
  15. a folding table
  16. False
  17. paper cups
  18. lemons
  19. True
  20. sugar
  21. a cash box
  22. No
  23. 304
  24. tea leaves and milk
  25. a running cost
  26. a one-time cost
  27. No
  28. a running cost
  29. seeds and soil
  30. True
  31. 80
  32. False
  33. Yes
  34. 482
  35. False
  36. True
  37. No
  38. Yes
  39. 304
  40. a running cost

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