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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 17 · 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.Farhan has a budget of ₹1000. The stock costs ₹490 and the stall fee is ₹460. Is the budget enough? (a) Yes (b) No
  2. 2.Meera plans to make 39 cupcakes. Each needs ₹4 of materials, and a banner costs ₹250 once. What total budget is needed (in ₹)?
  3. 3.True or false: “ice” is a one-time cost. (a) True (b) False
  4. 4.🔍 Which is the odd one out? (a) a cloth banner (b) a price board (c) a juicer (d) sugar
  5. 5.Nisha’s stall budget is ₹320. Lemons cost ₹140, card paper cost ₹30 and sugar cost ₹80. How many rupees of the budget are left?
  6. 6.Riya has ₹260 to spend on packets of seeds. One packet of seeds costs ₹20. What is the greatest number of packets of seeds Riya can buy?
  7. 7.🔍 Which is the odd one out? (a) lemons (b) a cloth banner (c) seeds and soil (d) ice
  8. 8.Dev has a budget of ₹300. The stock costs ₹50 and the stall fee is ₹300. Is the budget enough? (a) Yes (b) No
  9. 9.True or false: “paper cups” is a running cost. (a) True (b) False
  10. 10.📒 One-time cost or running cost: seeds and soil? (a) a running cost (b) a one-time cost
  11. 11.🔍 Which is the odd one out? (a) a cooler box (b) a cloth banner (c) a cash box (d) tea leaves and milk
  12. 12.Farhan’s stall budget is ₹640. Napkins cost ₹70, ribbon cost ₹160 and a banner cost ₹260. How many rupees of the budget are left?
  13. 13.🔍 Which is the odd one out? (a) paper cups (b) sugar (c) a cash box (d) seeds and soil
  14. 14.🔍 Which is the odd one out? (a) a cooler box (b) a juicer (c) a price board (d) paper cups
  15. 15.Which of these is a running cost? (a) a folding table (b) a price board (c) ice (d) a juicer
  16. 16.True or false: “a price board” is a running cost. (a) False (b) True
  17. 17.📒 One-time cost or running cost: paper cups? (a) a running cost (b) a one-time cost
  18. 18.True or false: “a juicer” is a running cost. (a) True (b) False
  19. 19.Which of these is a one-time cost? (a) seeds and soil (b) a juicer (c) card paper (d) tea leaves and milk
  20. 20.Ananya has a budget of ₹600. The stock costs ₹180 and the stall fee is ₹380. Is the budget enough? (a) Yes (b) No
  21. 21.Arjun has a budget of ₹500. The stock costs ₹120 and the stall fee is ₹400. Is the budget enough? (a) Yes (b) No
  22. 22.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost
  23. 23.Meera has a budget of ₹500. The stock costs ₹60 and the stall fee is ₹450. Is the budget enough? (a) Yes (b) No
  24. 24.🔍 Which is the odd one out? (a) a cloth banner (b) seeds and soil (c) a price board (d) a folding table
  25. 25.Which of these is a one-time cost? (a) a folding table (b) card paper (c) tea leaves and milk (d) seeds and soil
  26. 26.Which of these is a running cost? (a) a folding table (b) sugar (c) a cooler box (d) a cash box
  27. 27.Nisha plans to make 49 cups of lemonade. Each needs ₹3 of materials, and a banner costs ₹270 once. What total budget is needed (in ₹)?
  28. 28.True or false: “tea leaves and milk” is a running cost. (a) True (b) False
  29. 29.Dev has ₹140 to spend on packets of seeds. One packet of seeds costs ₹15. What is the greatest number of packets of seeds Dev can buy?
  30. 30.Which of these is a running cost? (a) a price board (b) a cash box (c) paper cups (d) a cloth banner
  31. 31.True or false: “paper cups” is a one-time cost. (a) False (b) True
  32. 32.Which of these is a one-time cost? (a) sugar (b) ice (c) lemons (d) a price board
  33. 33.Zoya has a budget of ₹600. The stock costs ₹200 and the stall fee is ₹350. Is the budget enough? (a) No (b) Yes
  34. 34.Nisha has ₹60 to spend on packs of cups. One pack of cups costs ₹20. What is the greatest number of packs of cups Nisha can buy?
  35. 35.Lakshmi’s stall budget is ₹470. A banner cost ₹40, a price board cost ₹190 and card paper cost ₹190. How many rupees of the budget are left?
  36. 36.Which of these is a one-time cost? (a) card paper (b) ice (c) a cloth banner (d) seeds and soil
  37. 37.True or false: “a folding table” is a running cost. (a) True (b) False
  38. 38.Dev has ₹280 to spend on sheets of card paper. One sheet of card paper costs ₹8. What is the greatest number of sheets of card paper Dev can buy?
  39. 39.Farhan plans to make 33 jute bags. Each needs ₹5 of materials, and a banner costs ₹260 once. What total budget is needed (in ₹)?
  40. 40.True or false: “card paper” is a running cost. (a) True (b) False

Answer key

  1. Yes
  2. 406
  3. False
  4. sugar
  5. 70
  6. 13
  7. a cloth banner
  8. No
  9. True
  10. a running cost
  11. tea leaves and milk
  12. 150
  13. a cash box
  14. paper cups
  15. ice
  16. False
  17. a running cost
  18. False
  19. a juicer
  20. Yes
  21. No
  22. a one-time cost
  23. No
  24. seeds and soil
  25. a folding table
  26. sugar
  27. 417
  28. True
  29. 9
  30. paper cups
  31. False
  32. a price board
  33. Yes
  34. 3
  35. 50
  36. a cloth banner
  37. False
  38. 35
  39. 425
  40. True

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