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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 108 · 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: “a cash box” is a one-time cost. (a) False (b) True
  2. 2.📒 One-time cost or running cost: ice? (a) a running cost (b) a one-time cost
  3. 3.Which of these is a one-time cost? (a) lemons (b) sugar (c) paper cups (d) a juicer
  4. 4.Riya has a budget of ₹400. The stock costs ₹180 and the stall fee is ₹230. Is the budget enough? (a) Yes (b) No
  5. 5.🔍 Which is the odd one out? (a) ice (b) seeds and soil (c) tea leaves and milk (d) a juicer
  6. 6.Tara has ₹80 to spend on packs of cups. One pack of cups costs ₹8. What is the greatest number of packs of cups Tara can buy?
  7. 7.🔍 Which is the odd one out? (a) card paper (b) a cash box (c) a cooler box (d) a folding table
  8. 8.True or false: “tea leaves and milk” is a one-time cost. (a) True (b) False
  9. 9.Which of these is a running cost? (a) a price board (b) a cooler box (c) a cloth banner (d) paper cups
  10. 10.True or false: “a folding table” is a running cost. (a) True (b) False
  11. 11.True or false: “a cloth banner” is a one-time cost. (a) False (b) True
  12. 12.🔍 Which is the odd one out? (a) a cash box (b) a price board (c) a cooler box (d) tea leaves and milk
  13. 13.Kavya plans to make 32 handmade cards. Each needs ₹7 of materials, and a banner costs ₹70 once. What total budget is needed (in ₹)?
  14. 14.Diya has a budget of ₹400. The stock costs ₹100 and the stall fee is ₹250. Is the budget enough? (a) No (b) Yes
  15. 15.Dev has ₹100 to spend on lemons. One lemon costs ₹20. What is the greatest number of lemons Dev can buy?
  16. 16.Which of these is a one-time cost? (a) seeds and soil (b) a price board (c) lemons (d) tea leaves and milk
  17. 17.Diya plans to make 50 painted pebbles. Each needs ₹8 of materials, and a banner costs ₹140 once. What total budget is needed (in ₹)?
  18. 18.🔍 Which is the odd one out? (a) a cooler box (b) a cash box (c) a price board (d) sugar
  19. 19.Which of these is a one-time cost? (a) card paper (b) a folding table (c) lemons (d) ice
  20. 20.True or false: “a cloth banner” is a running cost. (a) False (b) True
  21. 21.Ishaan has a budget of ₹400. The stock costs ₹100 and the stall fee is ₹290. Is the budget enough? (a) No (b) Yes
  22. 22.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  23. 23.True or false: “lemons” is a running cost. (a) False (b) True
  24. 24.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
  25. 25.True or false: “sugar” is a one-time cost. (a) True (b) False
  26. 26.Kavya plans to make 23 cups of lemonade. Each needs ₹2 of materials, and a banner costs ₹210 once. What total budget is needed (in ₹)?
  27. 27.Ananya has a budget of ₹1000. The stock costs ₹140 and the stall fee is ₹890. Is the budget enough? (a) Yes (b) No
  28. 28.Riya’s stall budget is ₹410. A banner cost ₹280, a price board cost ₹20 and napkins cost ₹50. How many rupees of the budget are left?
  29. 29.Riya plans to make 47 paper bookmarks. Each needs ₹3 of materials, and a banner costs ₹190 once. What total budget is needed (in ₹)?
  30. 30.Ishaan has ₹340 to spend on lemons. One lemon costs ₹8. What is the greatest number of lemons Ishaan can buy?
  31. 31.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost
  32. 32.True or false: “a price board” is a running cost. (a) False (b) True
  33. 33.True or false: “a cooler box” is a one-time cost. (a) False (b) True
  34. 34.Nisha has ₹60 to spend on packs of cups. One pack of cups costs ₹15. What is the greatest number of packs of cups Nisha can buy?
  35. 35.True or false: “paper cups” is a running cost. (a) True (b) False
  36. 36.📒 One-time cost or running cost: a cloth banner? (a) a one-time cost (b) a running cost
  37. 37.True or false: “a juicer” is a running cost. (a) False (b) True
  38. 38.🔍 Which is the odd one out? (a) lemons (b) seeds and soil (c) sugar (d) a cloth banner
  39. 39.Aarav has a budget of ₹300. The stock costs ₹90 and the stall fee is ₹220. Is the budget enough? (a) Yes (b) No
  40. 40.True or false: “seeds and soil” is a running cost. (a) True (b) False

Answer key

  1. True
  2. a running cost
  3. a juicer
  4. No
  5. a juicer
  6. 10
  7. card paper
  8. False
  9. paper cups
  10. False
  11. True
  12. tea leaves and milk
  13. 294
  14. Yes
  15. 5
  16. a price board
  17. 540
  18. sugar
  19. a folding table
  20. False
  21. Yes
  22. a one-time cost
  23. True
  24. a one-time cost
  25. False
  26. 256
  27. No
  28. 60
  29. 331
  30. 42
  31. a one-time cost
  32. False
  33. True
  34. 4
  35. True
  36. a one-time cost
  37. False
  38. a cloth banner
  39. No
  40. True

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