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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 11 · 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.

NameDateTime takenScore ___ / 40
  1. 1.Kabir has a budget of ₹1000. The stock costs ₹370 and the stall fee is ₹660. Is the budget enough? (a) No (b) Yes
  2. 2.Tara’s stall budget is ₹620. Ribbon cost ₹190, card paper cost ₹240 and a price board cost ₹40. How many rupees of the budget are left?
  3. 3.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost
  4. 4.🔍 Which is the odd one out? (a) paper cups (b) seeds and soil (c) a juicer (d) lemons
  5. 5.Which of these is a one-time cost? (a) lemons (b) ice (c) a folding table (d) paper cups
  6. 6.🔍 Which is the odd one out? (a) seeds and soil (b) sugar (c) a folding table (d) paper cups
  7. 7.Which of these is a one-time cost? (a) ice (b) lemons (c) a price board (d) tea leaves and milk
  8. 8.Dev plans to make 16 paper bookmarks. Each needs ₹6 of materials, and a banner costs ₹60 once. What total budget is needed (in ₹)?
  9. 9.Which of these is a running cost? (a) tea leaves and milk (b) a juicer (c) a price board (d) a folding table
  10. 10.🔍 Which is the odd one out? (a) paper cups (b) lemons (c) seeds and soil (d) a cloth banner
  11. 11.Meera’s stall budget is ₹230. A banner cost ₹100, sugar cost ₹70 and pots cost ₹30. How many rupees of the budget are left?
  12. 12.Ananya has ₹330 to spend on packets of seeds. One packet of seeds costs ₹12. What is the greatest number of packets of seeds Ananya can buy?
  13. 13.Kavya plans to make 45 clay diyas. Each needs ₹7 of materials, and a banner costs ₹100 once. What total budget is needed (in ₹)?
  14. 14.🔍 Which is the odd one out? (a) a folding table (b) a cash box (c) a cloth banner (d) lemons
  15. 15.📒 One-time cost or running cost: a cash box? (a) a one-time cost (b) a running cost
  16. 16.Ishaan plans to make 29 cupcakes. Each needs ₹3 of materials, and a banner costs ₹110 once. What total budget is needed (in ₹)?
  17. 17.🔍 Which is the odd one out? (a) seeds and soil (b) a cash box (c) a juicer (d) a folding table
  18. 18.Nisha’s stall budget is ₹330. Card paper cost ₹170, ribbon cost ₹70 and lemons cost ₹30. How many rupees of the budget are left?
  19. 19.Which of these is a running cost? (a) a price board (b) a cooler box (c) a cloth banner (d) lemons
  20. 20.Farhan plans to make 10 bags of popcorn. Each needs ₹6 of materials, and a banner costs ₹110 once. What total budget is needed (in ₹)?
  21. 21.True or false: “a cooler box” is a one-time cost. (a) False (b) True
  22. 22.Diya plans to make 32 glasses of chai. Each needs ₹9 of materials, and a banner costs ₹250 once. What total budget is needed (in ₹)?
  23. 23.Which of these is a running cost? (a) a cooler box (b) paper cups (c) a folding table (d) a price board
  24. 24.Ananya has a budget of ₹400. The stock costs ₹60 and the stall fee is ₹310. Is the budget enough? (a) No (b) Yes
  25. 25.Riya has a budget of ₹300. The stock costs ₹70 and the stall fee is ₹250. Is the budget enough? (a) No (b) Yes
  26. 26.Aarav’s stall budget is ₹650. Pots cost ₹110, a banner cost ₹210 and lemons cost ₹260. How many rupees of the budget are left?
  27. 27.Vihaan’s stall budget is ₹560. Seeds cost ₹130, a price board cost ₹100 and paper cups cost ₹40. How many rupees of the budget are left?
  28. 28.Which of these is a one-time cost? (a) card paper (b) a cooler box (c) seeds and soil (d) sugar
  29. 29.Lakshmi’s stall budget is ₹360. Lemons cost ₹60, a banner cost ₹50 and pots cost ₹150. How many rupees of the budget are left?
  30. 30.True or false: “a juicer” is a one-time cost. (a) False (b) True
  31. 31.Which of these is a one-time cost? (a) tea leaves and milk (b) paper cups (c) a cloth banner (d) ice
  32. 32.📒 One-time cost or running cost: tea leaves and milk? (a) a running cost (b) a one-time cost
  33. 33.Aarav has ₹260 to spend on packs of cups. One pack of cups costs ₹12. What is the greatest number of packs of cups Aarav can buy?
  34. 34.Which of these is a running cost? (a) a cloth banner (b) a price board (c) a juicer (d) ice
  35. 35.Aarav has a budget of ₹400. The stock costs ₹60 and the stall fee is ₹340. Is the budget enough? (a) No (b) Yes
  36. 36.Ishaan plans to make 15 cups of lemonade. Each needs ₹8 of materials, and a banner costs ₹50 once. What total budget is needed (in ₹)?
  37. 37.🔍 Which is the odd one out? (a) tea leaves and milk (b) ice (c) sugar (d) a cooler box
  38. 38.True or false: “a price board” is a running cost. (a) False (b) True
  39. 39.Farhan 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.📒 One-time cost or running cost: card paper? (a) a one-time cost (b) a running cost

Answer key

  1. No
  2. 150
  3. a one-time cost
  4. a juicer
  5. a folding table
  6. a folding table
  7. a price board
  8. 156
  9. tea leaves and milk
  10. a cloth banner
  11. 30
  12. 27
  13. 415
  14. lemons
  15. a one-time cost
  16. 197
  17. seeds and soil
  18. 60
  19. lemons
  20. 170
  21. True
  22. 538
  23. paper cups
  24. Yes
  25. No
  26. 70
  27. 290
  28. a cooler box
  29. 100
  30. True
  31. a cloth banner
  32. a running cost
  33. 21
  34. ice
  35. Yes
  36. 170
  37. a cooler box
  38. False
  39. No
  40. a running cost

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