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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 203 · 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 cooler box” is a one-time cost. (a) False (b) True
  2. 2.True or false: “sugar” is a one-time cost. (a) True (b) False
  3. 3.Kavya’s stall budget is ₹380. A price board cost ₹30, napkins cost ₹220 and lemons cost ₹60. How many rupees of the budget are left?
  4. 4.True or false: “lemons” is a one-time cost. (a) False (b) True
  5. 5.Which of these is a running cost? (a) sugar (b) a cash box (c) a cloth banner (d) a price board
  6. 6.Meera has a budget of ₹400. The stock costs ₹130 and the stall fee is ₹300. Is the budget enough? (a) Yes (b) No
  7. 7.Diya plans to make 22 cupcakes. Each needs ₹10 of materials, and a banner costs ₹290 once. What total budget is needed (in ₹)?
  8. 8.True or false: “card paper” is a running cost. (a) True (b) False
  9. 9.Which of these is a one-time cost? (a) card paper (b) lemons (c) a juicer (d) tea leaves and milk
  10. 10.Tara has ₹310 to spend on packs of cups. One pack of cups costs ₹5. What is the greatest number of packs of cups Tara can buy?
  11. 11.Joseph has a budget of ₹400. The stock costs ₹180 and the stall fee is ₹190. Is the budget enough? (a) Yes (b) No
  12. 12.Kabir has a budget of ₹1000. The stock costs ₹210 and the stall fee is ₹830. Is the budget enough? (a) No (b) Yes
  13. 13.True or false: “ice” is a one-time cost. (a) True (b) False
  14. 14.🔍 Which is the odd one out? (a) a juicer (b) lemons (c) ice (d) card paper
  15. 15.Ananya plans to make 26 painted pebbles. Each needs ₹5 of materials, and a banner costs ₹170 once. What total budget is needed (in ₹)?
  16. 16.Which of these is a one-time cost? (a) sugar (b) paper cups (c) lemons (d) a cooler box
  17. 17.Gurpreet has ₹230 to spend on packets of seeds. One packet of seeds costs ₹10. What is the greatest number of packets of seeds Gurpreet can buy?
  18. 18.Ananya plans to make 10 handmade cards. Each needs ₹2 of materials, and a banner costs ₹210 once. What total budget is needed (in ₹)?
  19. 19.📒 One-time cost or running cost: sugar? (a) a one-time cost (b) a running cost
  20. 20.Which of these is a running cost? (a) a cash box (b) a folding table (c) lemons (d) a cloth banner
  21. 21.Joseph’s stall budget is ₹550. A price board cost ₹150, seeds cost ₹190 and card paper cost ₹160. How many rupees of the budget are left?
  22. 22.📒 One-time cost or running cost: a cooler box? (a) a one-time cost (b) a running cost
  23. 23.True or false: “a folding table” is a running cost. (a) False (b) True
  24. 24.True or false: “a juicer” is a one-time cost. (a) False (b) True
  25. 25.Kavya has a budget of ₹600. The stock costs ₹270 and the stall fee is ₹380. Is the budget enough? (a) Yes (b) No
  26. 26.📒 One-time cost or running cost: seeds and soil? (a) a one-time cost (b) a running cost
  27. 27.Tara’s stall budget is ₹890. Seeds cost ₹80, ribbon cost ₹280 and paper cups cost ₹270. How many rupees of the budget are left?
  28. 28.Diya has ₹110 to spend on sheets of card paper. One sheet of card paper costs ₹10. What is the greatest number of sheets of card paper Diya can buy?
  29. 29.Meera plans to make 36 cups of lemonade. Each needs ₹4 of materials, and a banner costs ₹180 once. What total budget is needed (in ₹)?
  30. 30.Riya has a budget of ₹900. The stock costs ₹80 and the stall fee is ₹800. Is the budget enough? (a) No (b) Yes
  31. 31.🔍 Which is the odd one out? (a) seeds and soil (b) tea leaves and milk (c) a cloth banner (d) paper cups
  32. 32.📒 One-time cost or running cost: lemons? (a) a running cost (b) a one-time cost
  33. 33.True or false: “card paper” is a one-time cost. (a) True (b) False
  34. 34.📒 One-time cost or running cost: paper cups? (a) a running cost (b) a one-time cost
  35. 35.Saanvi’s stall budget is ₹810. A price board cost ₹290, seeds cost ₹210 and ribbon cost ₹30. How many rupees of the budget are left?
  36. 36.True or false: “lemons” is a running cost. (a) False (b) True
  37. 37.📒 One-time cost or running cost: card paper? (a) a running cost (b) a one-time cost
  38. 38.Which of these is a running cost? (a) a price board (b) a cloth banner (c) a cash box (d) tea leaves and milk
  39. 39.Dev has a budget of ₹900. The stock costs ₹270 and the stall fee is ₹610. Is the budget enough? (a) No (b) Yes
  40. 40.🔍 Which is the odd one out? (a) a juicer (b) a cloth banner (c) a cash box (d) lemons

Answer key

  1. True
  2. False
  3. 70
  4. False
  5. sugar
  6. No
  7. 510
  8. True
  9. a juicer
  10. 62
  11. Yes
  12. No
  13. False
  14. a juicer
  15. 300
  16. a cooler box
  17. 23
  18. 230
  19. a running cost
  20. lemons
  21. 50
  22. a one-time cost
  23. False
  24. True
  25. No
  26. a running cost
  27. 260
  28. 11
  29. 324
  30. Yes
  31. a cloth banner
  32. a running cost
  33. False
  34. a running cost
  35. 280
  36. True
  37. a running cost
  38. tea leaves and milk
  39. Yes
  40. lemons

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