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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 136 · 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 running cost (b) a one-time cost
  2. 2.True or false: “a folding table” is a running cost. (a) False (b) True
  3. 3.🔍 Which is the odd one out? (a) a juicer (b) paper cups (c) ice (d) sugar
  4. 4.Riya’s stall budget is ₹890. Lemons cost ₹250, ribbon cost ₹170 and sugar cost ₹240. How many rupees of the budget are left?
  5. 5.Which of these is a running cost? (a) a cloth banner (b) lemons (c) a folding table (d) a cooler box
  6. 6.Tara has a budget of ₹300. The stock costs ₹150 and the stall fee is ₹120. Is the budget enough? (a) No (b) Yes
  7. 7.True or false: “a cloth banner” is a running cost. (a) True (b) False
  8. 8.🔍 Which is the odd one out? (a) seeds and soil (b) a folding table (c) a cash box (d) a price board
  9. 9.True or false: “a folding table” is a one-time cost. (a) True (b) False
  10. 10.📒 One-time cost or running cost: sugar? (a) a one-time cost (b) a running cost
  11. 11.Joseph has a budget of ₹400. The stock costs ₹140 and the stall fee is ₹220. Is the budget enough? (a) Yes (b) No
  12. 12.True or false: “card paper” is a running cost. (a) False (b) True
  13. 13.🔍 Which is the odd one out? (a) a folding table (b) paper cups (c) a cooler box (d) a juicer
  14. 14.Which of these is a one-time cost? (a) lemons (b) card paper (c) paper cups (d) a price board
  15. 15.Gurpreet plans to make 13 cups of lemonade. Each needs ₹5 of materials, and a banner costs ₹220 once. What total budget is needed (in ₹)?
  16. 16.Which of these is a one-time cost? (a) sugar (b) tea leaves and milk (c) a folding table (d) ice
  17. 17.True or false: “sugar” is a running cost. (a) True (b) False
  18. 18.📒 One-time cost or running cost: ice? (a) a one-time cost (b) a running cost
  19. 19.🔍 Which is the odd one out? (a) a price board (b) paper cups (c) tea leaves and milk (d) seeds and soil
  20. 20.Arjun plans to make 35 friendship bands. Each needs ₹7 of materials, and a banner costs ₹130 once. What total budget is needed (in ₹)?
  21. 21.Meera’s stall budget is ₹550. Card paper cost ₹300, a price board cost ₹170 and a banner cost ₹50. How many rupees of the budget are left?
  22. 22.True or false: “tea leaves and milk” is a one-time cost. (a) True (b) False
  23. 23.🔍 Which is the odd one out? (a) lemons (b) a folding table (c) paper cups (d) sugar
  24. 24.🔍 Which is the odd one out? (a) a cash box (b) paper cups (c) lemons (d) seeds and soil
  25. 25.Vihaan has a budget of ₹300. The stock costs ₹150 and the stall fee is ₹100. Is the budget enough? (a) No (b) Yes
  26. 26.Which of these is a running cost? (a) a folding table (b) a price board (c) seeds and soil (d) a cloth banner
  27. 27.Aarav plans to make 19 handmade cards. Each needs ₹6 of materials, and a banner costs ₹80 once. What total budget is needed (in ₹)?
  28. 28.Which of these is a one-time cost? (a) card paper (b) a cloth banner (c) tea leaves and milk (d) paper cups
  29. 29.Which of these is a running cost? (a) a price board (b) a juicer (c) ice (d) a folding table
  30. 30.Ishaan has a budget of ₹1000. The stock costs ₹50 and the stall fee is ₹980. Is the budget enough? (a) Yes (b) No
  31. 31.🔍 Which is the odd one out? (a) paper cups (b) lemons (c) a cloth banner (d) sugar
  32. 32.📒 One-time cost or running cost: card paper? (a) a one-time cost (b) a running cost
  33. 33.True or false: “a cash box” is a one-time cost. (a) True (b) False
  34. 34.Farhan plans to make 24 glasses of chai. Each needs ₹9 of materials, and a banner costs ₹120 once. What total budget is needed (in ₹)?
  35. 35.True or false: “a cash box” is a running cost. (a) True (b) False
  36. 36.True or false: “card paper” is a one-time cost. (a) True (b) False
  37. 37.True or false: “sugar” is a one-time cost. (a) True (b) False
  38. 38.Riya plans to make 37 friendship bands. Each needs ₹5 of materials, and a banner costs ₹140 once. What total budget is needed (in ₹)?
  39. 39.Kabir has a budget of ₹400. The stock costs ₹90 and the stall fee is ₹310. Is the budget enough? (a) No (b) Yes
  40. 40.🔍 Which is the odd one out? (a) lemons (b) ice (c) sugar (d) a cooler box

Answer key

  1. a running cost
  2. False
  3. a juicer
  4. 230
  5. lemons
  6. Yes
  7. False
  8. seeds and soil
  9. True
  10. a running cost
  11. Yes
  12. True
  13. paper cups
  14. a price board
  15. 285
  16. a folding table
  17. True
  18. a running cost
  19. a price board
  20. 375
  21. 30
  22. False
  23. a folding table
  24. a cash box
  25. Yes
  26. seeds and soil
  27. 194
  28. a cloth banner
  29. ice
  30. No
  31. a cloth banner
  32. a running cost
  33. True
  34. 336
  35. False
  36. False
  37. False
  38. 325
  39. Yes
  40. a cooler box

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