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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 124 · 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 folding table” is a one-time cost. (a) False (b) True
  2. 2.📒 One-time cost or running cost: ice? (a) a one-time cost (b) a running cost
  3. 3.Lakshmi’s stall budget is ₹950. A price board cost ₹250, sugar cost ₹290 and ribbon cost ₹210. How many rupees of the budget are left?
  4. 4.Kavya’s stall budget is ₹580. Napkins cost ₹100, paper cups cost ₹200 and a banner cost ₹60. How many rupees of the budget are left?
  5. 5.Vihaan has a budget of ₹600. The stock costs ₹280 and the stall fee is ₹280. Is the budget enough? (a) No (b) Yes
  6. 6.🔍 Which is the odd one out? (a) seeds and soil (b) a cooler box (c) a folding table (d) a cloth banner
  7. 7.Lakshmi’s stall budget is ₹510. Sugar cost ₹120, pots cost ₹90 and a price board cost ₹280. How many rupees of the budget are left?
  8. 8.Which of these is a one-time cost? (a) ice (b) a cloth banner (c) card paper (d) tea leaves and milk
  9. 9.Aarav plans to make 48 painted pebbles. Each needs ₹7 of materials, and a banner costs ₹70 once. What total budget is needed (in ₹)?
  10. 10.Kabir has a budget of ₹500. The stock costs ₹240 and the stall fee is ₹290. Is the budget enough? (a) Yes (b) No
  11. 11.True or false: “seeds and soil” is a running cost. (a) False (b) True
  12. 12.Which of these is a running cost? (a) a juicer (b) a cloth banner (c) card paper (d) a folding table
  13. 13.🔍 Which is the odd one out? (a) a price board (b) sugar (c) a cash box (d) a juicer
  14. 14.True or false: “a folding table” is a running cost. (a) True (b) False
  15. 15.Tara plans to make 15 potted plants. Each needs ₹3 of materials, and a banner costs ₹270 once. What total budget is needed (in ₹)?
  16. 16.True or false: “sugar” is a running cost. (a) True (b) False
  17. 17.Saanvi has a budget of ₹600. The stock costs ₹200 and the stall fee is ₹360. Is the budget enough? (a) Yes (b) No
  18. 18.Vihaan has a budget of ₹600. The stock costs ₹160 and the stall fee is ₹460. Is the budget enough? (a) No (b) Yes
  19. 19.True or false: “tea leaves and milk” is a one-time cost. (a) True (b) False
  20. 20.Joseph’s stall budget is ₹600. A banner cost ₹50, paper cups cost ₹50 and card paper cost ₹280. How many rupees of the budget are left?
  21. 21.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost
  22. 22.📒 One-time cost or running cost: paper cups? (a) a running cost (b) a one-time cost
  23. 23.Which of these is a running cost? (a) a cooler box (b) a cash box (c) a folding table (d) tea leaves and milk
  24. 24.Arjun has a budget of ₹300. The stock costs ₹130 and the stall fee is ₹150. Is the budget enough? (a) Yes (b) No
  25. 25.Rohan has a budget of ₹600. The stock costs ₹270 and the stall fee is ₹290. Is the budget enough? (a) No (b) Yes
  26. 26.True or false: “ice” is a running cost. (a) False (b) True
  27. 27.🔍 Which is the odd one out? (a) ice (b) card paper (c) tea leaves and milk (d) a cooler box
  28. 28.📒 One-time cost or running cost: card paper? (a) a running cost (b) a one-time cost
  29. 29.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  30. 30.True or false: “a juicer” is a one-time cost. (a) True (b) False
  31. 31.Meera has a budget of ₹600. The stock costs ₹210 and the stall fee is ₹350. Is the budget enough? (a) Yes (b) No
  32. 32.Meera’s stall budget is ₹690. A price board cost ₹300, a banner cost ₹150 and pots cost ₹30. How many rupees of the budget are left?
  33. 33.Diya has a budget of ₹400. The stock costs ₹60 and the stall fee is ₹360. Is the budget enough? (a) Yes (b) No
  34. 34.🔍 Which is the odd one out? (a) a cash box (b) lemons (c) a juicer (d) a cloth banner
  35. 35.Joseph plans to make 46 paper bookmarks. Each needs ₹2 of materials, and a banner costs ₹210 once. What total budget is needed (in ₹)?
  36. 36.Kabir has a budget of ₹800. The stock costs ₹250 and the stall fee is ₹570. Is the budget enough? (a) Yes (b) No
  37. 37.Joseph has ₹490 to spend on packets of seeds. One packet of seeds costs ₹5. What is the greatest number of packets of seeds Joseph can buy?
  38. 38.Ishaan has a budget of ₹500. The stock costs ₹70 and the stall fee is ₹460. Is the budget enough? (a) No (b) Yes
  39. 39.🔍 Which is the odd one out? (a) seeds and soil (b) paper cups (c) a folding table (d) ice
  40. 40.🔍 Which is the odd one out? (a) sugar (b) seeds and soil (c) a cash box (d) paper cups

Answer key

  1. True
  2. a running cost
  3. 200
  4. 220
  5. Yes
  6. seeds and soil
  7. 20
  8. a cloth banner
  9. 406
  10. No
  11. True
  12. card paper
  13. sugar
  14. False
  15. 315
  16. True
  17. Yes
  18. No
  19. False
  20. 220
  21. a one-time cost
  22. a running cost
  23. tea leaves and milk
  24. Yes
  25. Yes
  26. True
  27. a cooler box
  28. a running cost
  29. a one-time cost
  30. True
  31. Yes
  32. 210
  33. No
  34. lemons
  35. 302
  36. No
  37. 98
  38. No
  39. a folding table
  40. a cash box

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