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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 236 · 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.Which of these is a one-time cost? (a) seeds and soil (b) tea leaves and milk (c) sugar (d) a cash box
  2. 2.Ishaan has a budget of ₹800. The stock costs ₹160 and the stall fee is ₹650. Is the budget enough? (a) No (b) Yes
  3. 3.True or false: “a price board” is a running cost. (a) True (b) False
  4. 4.Riya’s stall budget is ₹450. A banner cost ₹270, seeds cost ₹120 and sugar cost ₹30. How many rupees of the budget are left?
  5. 5.📒 One-time cost or running cost: a cash box? (a) a one-time cost (b) a running cost
  6. 6.Farhan’s stall budget is ₹520. Napkins cost ₹40, pots cost ₹30 and a price board cost ₹270. How many rupees of the budget are left?
  7. 7.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  8. 8.Riya plans to make 36 clay diyas. Each needs ₹5 of materials, and a banner costs ₹100 once. What total budget is needed (in ₹)?
  9. 9.🔍 Which is the odd one out? (a) card paper (b) paper cups (c) a cloth banner (d) seeds and soil
  10. 10.🔍 Which is the odd one out? (a) a cash box (b) a folding table (c) a price board (d) paper cups
  11. 11.Dev has ₹340 to spend on lemons. One lemon costs ₹10. What is the greatest number of lemons Dev can buy?
  12. 12.Riya has a budget of ₹1000. The stock costs ₹350 and the stall fee is ₹680. Is the budget enough? (a) Yes (b) No
  13. 13.True or false: “paper cups” is a running cost. (a) False (b) True
  14. 14.📒 One-time cost or running cost: card paper? (a) a one-time cost (b) a running cost
  15. 15.Kavya has ₹210 to spend on sheets of card paper. One sheet of card paper costs ₹10. What is the greatest number of sheets of card paper Kavya can buy?
  16. 16.Vihaan plans to make 21 cupcakes. Each needs ₹7 of materials, and a banner costs ₹110 once. What total budget is needed (in ₹)?
  17. 17.🔍 Which is the odd one out? (a) sugar (b) a cloth banner (c) a juicer (d) a price board
  18. 18.True or false: “a cloth banner” is a one-time cost. (a) False (b) True
  19. 19.📒 One-time cost or running cost: paper cups? (a) a running cost (b) a one-time cost
  20. 20.Which of these is a running cost? (a) ice (b) a price board (c) a juicer (d) a cash box
  21. 21.Zoya’s stall budget is ₹800. Card paper cost ₹210, napkins cost ₹300 and seeds cost ₹60. How many rupees of the budget are left?
  22. 22.Which of these is a running cost? (a) a price board (b) seeds and soil (c) a juicer (d) a folding table
  23. 23.True or false: “seeds and soil” is a one-time cost. (a) False (b) True
  24. 24.Which of these is a one-time cost? (a) lemons (b) paper cups (c) seeds and soil (d) a folding table
  25. 25.Lakshmi has ₹470 to spend on packets of seeds. One packet of seeds costs ₹12. What is the greatest number of packets of seeds Lakshmi can buy?
  26. 26.Which of these is a running cost? (a) a price board (b) a folding table (c) a cash box (d) lemons
  27. 27.Kavya has a budget of ₹900. The stock costs ₹110 and the stall fee is ₹750. Is the budget enough? (a) Yes (b) No
  28. 28.📒 One-time cost or running cost: lemons? (a) a one-time cost (b) a running cost
  29. 29.True or false: “a cooler box” is a one-time cost. (a) True (b) False
  30. 30.Nisha plans to make 14 cups of lemonade. Each needs ₹3 of materials, and a banner costs ₹150 once. What total budget is needed (in ₹)?
  31. 31.Rohan has ₹60 to spend on packets of seeds. One packet of seeds costs ₹15. What is the greatest number of packets of seeds Rohan can buy?
  32. 32.True or false: “card paper” is a running cost. (a) True (b) False
  33. 33.Farhan has a budget of ₹700. The stock costs ₹280 and the stall fee is ₹410. Is the budget enough? (a) No (b) Yes
  34. 34.Which of these is a one-time cost? (a) ice (b) seeds and soil (c) a cloth banner (d) lemons
  35. 35.Rohan has a budget of ₹600. The stock costs ₹170 and the stall fee is ₹390. Is the budget enough? (a) No (b) Yes
  36. 36.Nisha plans to make 44 painted pebbles. Each needs ₹9 of materials, and a banner costs ₹120 once. What total budget is needed (in ₹)?
  37. 37.Which of these is a one-time cost? (a) tea leaves and milk (b) lemons (c) paper cups (d) a juicer
  38. 38.Tara has ₹430 to spend on rolls of ribbon. One roll of ribbon costs ₹5. What is the greatest number of rolls of ribbon Tara can buy?
  39. 39.Ishaan has ₹480 to spend on lemons. One lemon costs ₹8. What is the greatest number of lemons Ishaan can buy?
  40. 40.Which of these is a running cost? (a) sugar (b) a cooler box (c) a folding table (d) a juicer

Answer key

  1. a cash box
  2. No
  3. False
  4. 30
  5. a one-time cost
  6. 180
  7. a one-time cost
  8. 280
  9. a cloth banner
  10. paper cups
  11. 34
  12. No
  13. True
  14. a running cost
  15. 21
  16. 257
  17. sugar
  18. True
  19. a running cost
  20. ice
  21. 230
  22. seeds and soil
  23. False
  24. a folding table
  25. 39
  26. lemons
  27. Yes
  28. a running cost
  29. True
  30. 192
  31. 4
  32. True
  33. Yes
  34. a cloth banner
  35. Yes
  36. 516
  37. a juicer
  38. 86
  39. 60
  40. sugar

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