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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 191 · 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.Aarav has a budget of ₹600. The stock costs ₹50 and the stall fee is ₹600. Is the budget enough? (a) No (b) Yes
  2. 2.Which of these is a running cost? (a) a folding table (b) a cooler box (c) paper cups (d) a price board
  3. 3.True or false: “sugar” is a one-time cost. (a) False (b) True
  4. 4.Ananya plans to make 20 paper bookmarks. Each needs ₹10 of materials, and a banner costs ₹240 once. What total budget is needed (in ₹)?
  5. 5.🔍 Which is the odd one out? (a) a cloth banner (b) a cash box (c) a juicer (d) ice
  6. 6.Ishaan plans to make 11 cups of lemonade. Each needs ₹3 of materials, and a banner costs ₹80 once. What total budget is needed (in ₹)?
  7. 7.Which of these is a one-time cost? (a) lemons (b) ice (c) a folding table (d) card paper
  8. 8.True or false: “a folding table” is a running cost. (a) True (b) False
  9. 9.True or false: “a cash box” is a running cost. (a) True (b) False
  10. 10.🔍 Which is the odd one out? (a) a cash box (b) seeds and soil (c) a folding table (d) a price board
  11. 11.Which of these is a one-time cost? (a) paper cups (b) lemons (c) tea leaves and milk (d) a cash box
  12. 12.Which of these is a one-time cost? (a) a cooler box (b) paper cups (c) sugar (d) tea leaves and milk
  13. 13.True or false: “seeds and soil” is a running cost. (a) False (b) True
  14. 14.True or false: “a price board” is a running cost. (a) True (b) False
  15. 15.Farhan’s stall budget is ₹530. Seeds cost ₹130, napkins cost ₹20 and card paper cost ₹180. How many rupees of the budget are left?
  16. 16.Saanvi has a budget of ₹300. The stock costs ₹50 and the stall fee is ₹240. Is the budget enough? (a) No (b) Yes
  17. 17.True or false: “a juicer” is a running cost. (a) True (b) False
  18. 18.True or false: “seeds and soil” is a one-time cost. (a) True (b) False
  19. 19.Which of these is a one-time cost? (a) a price board (b) lemons (c) seeds and soil (d) tea leaves and milk
  20. 20.🔍 Which is the odd one out? (a) paper cups (b) lemons (c) a juicer (d) seeds and soil
  21. 21.Meera has a budget of ₹300. The stock costs ₹80 and the stall fee is ₹270. Is the budget enough? (a) No (b) Yes
  22. 22.🔍 Which is the odd one out? (a) a juicer (b) sugar (c) a price board (d) a cash box
  23. 23.🔍 Which is the odd one out? (a) a cash box (b) a cooler box (c) a price board (d) card paper
  24. 24.📒 One-time cost or running cost: lemons? (a) a one-time cost (b) a running cost
  25. 25.True or false: “a cooler box” is a running cost. (a) False (b) True
  26. 26.🔍 Which is the odd one out? (a) paper cups (b) sugar (c) a folding table (d) card paper
  27. 27.Kabir plans to make 39 clay diyas. Each needs ₹8 of materials, and a banner costs ₹180 once. What total budget is needed (in ₹)?
  28. 28.Which of these is a running cost? (a) tea leaves and milk (b) a cooler box (c) a cash box (d) a price board
  29. 29.True or false: “a price board” is a one-time cost. (a) False (b) True
  30. 30.Meera plans to make 29 clay diyas. Each needs ₹3 of materials, and a banner costs ₹240 once. What total budget is needed (in ₹)?
  31. 31.Which of these is a running cost? (a) a folding table (b) a juicer (c) a price board (d) lemons
  32. 32.Aarav’s stall budget is ₹810. Paper cups cost ₹210, sugar cost ₹50 and ribbon cost ₹260. How many rupees of the budget are left?
  33. 33.Arjun has a budget of ₹700. The stock costs ₹50 and the stall fee is ₹640. Is the budget enough? (a) Yes (b) No
  34. 34.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost
  35. 35.Nisha plans to make 11 paper bookmarks. Each needs ₹6 of materials, and a banner costs ₹180 once. What total budget is needed (in ₹)?
  36. 36.Ananya plans to make 19 friendship bands. Each needs ₹8 of materials, and a banner costs ₹290 once. What total budget is needed (in ₹)?
  37. 37.Kabir has a budget of ₹400. The stock costs ₹170 and the stall fee is ₹180. Is the budget enough? (a) No (b) Yes
  38. 38.Kabir has a budget of ₹700. The stock costs ₹130 and the stall fee is ₹610. Is the budget enough? (a) No (b) Yes
  39. 39.True or false: “card paper” is a one-time cost. (a) False (b) True
  40. 40.🔍 Which is the odd one out? (a) a folding table (b) a juicer (c) a price board (d) lemons

Answer key

  1. No
  2. paper cups
  3. False
  4. 440
  5. ice
  6. 113
  7. a folding table
  8. False
  9. False
  10. seeds and soil
  11. a cash box
  12. a cooler box
  13. True
  14. False
  15. 200
  16. Yes
  17. False
  18. False
  19. a price board
  20. a juicer
  21. No
  22. sugar
  23. card paper
  24. a running cost
  25. False
  26. a folding table
  27. 492
  28. tea leaves and milk
  29. True
  30. 327
  31. lemons
  32. 290
  33. Yes
  34. a one-time cost
  35. 246
  36. 442
  37. Yes
  38. No
  39. False
  40. lemons

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