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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 251 · 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 folding table” is a running cost. (a) True (b) False
  2. 2.Which of these is a one-time cost? (a) card paper (b) a cloth banner (c) ice (d) seeds and soil
  3. 3.Kavya’s stall budget is ₹590. Sugar cost ₹110, a price board cost ₹60 and napkins cost ₹220. How many rupees of the budget are left?
  4. 4.True or false: “card paper” is a one-time cost. (a) True (b) False
  5. 5.🔍 Which is the odd one out? (a) a cooler box (b) a folding table (c) a cash box (d) sugar
  6. 6.True or false: “a price board” is a one-time cost. (a) False (b) True
  7. 7.True or false: “ice” is a running cost. (a) False (b) True
  8. 8.Which of these is a one-time cost? (a) lemons (b) paper cups (c) a cooler box (d) card paper
  9. 9.True or false: “seeds and soil” is a one-time cost. (a) True (b) False
  10. 10.True or false: “tea leaves and milk” is a one-time cost. (a) True (b) False
  11. 11.Lakshmi has a budget of ₹700. The stock costs ₹260 and the stall fee is ₹390. Is the budget enough? (a) Yes (b) No
  12. 12.Riya plans to make 38 bags of popcorn. Each needs ₹7 of materials, and a banner costs ₹120 once. What total budget is needed (in ₹)?
  13. 13.True or false: “a cooler box” is a one-time cost. (a) True (b) False
  14. 14.Which of these is a running cost? (a) a folding table (b) lemons (c) a cloth banner (d) a juicer
  15. 15.Zoya plans to make 32 fruit cups. Each needs ₹9 of materials, and a banner costs ₹230 once. What total budget is needed (in ₹)?
  16. 16.Which of these is a one-time cost? (a) lemons (b) a folding table (c) paper cups (d) ice
  17. 17.📒 One-time cost or running cost: tea leaves and milk? (a) a running cost (b) a one-time cost
  18. 18.True or false: “lemons” is a one-time cost. (a) False (b) True
  19. 19.Which of these is a running cost? (a) card paper (b) a folding table (c) a cooler box (d) a cloth banner
  20. 20.Meera’s stall budget is ₹250. A banner cost ₹50, lemons cost ₹80 and card paper cost ₹20. How many rupees of the budget are left?
  21. 21.Meera’s stall budget is ₹450. Seeds cost ₹80, sugar cost ₹40 and napkins cost ₹170. How many rupees of the budget are left?
  22. 22.Which of these is a one-time cost? (a) lemons (b) tea leaves and milk (c) a price board (d) sugar
  23. 23.🔍 Which is the odd one out? (a) paper cups (b) sugar (c) card paper (d) a folding table
  24. 24.Meera’s stall budget is ₹710. Napkins cost ₹90, ribbon cost ₹100 and lemons cost ₹260. How many rupees of the budget are left?
  25. 25.Which of these is a running cost? (a) a price board (b) a cash box (c) a cloth banner (d) paper cups
  26. 26.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  27. 27.📒 One-time cost or running cost: sugar? (a) a running cost (b) a one-time cost
  28. 28.Saanvi’s stall budget is ₹640. Napkins cost ₹190, card paper cost ₹300 and sugar cost ₹70. How many rupees of the budget are left?
  29. 29.🔍 Which is the odd one out? (a) card paper (b) a cash box (c) a folding table (d) a cooler box
  30. 30.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost
  31. 31.Kabir has ₹270 to spend on rolls of ribbon. One roll of ribbon costs ₹10. What is the greatest number of rolls of ribbon Kabir can buy?
  32. 32.Lakshmi has a budget of ₹400. The stock costs ₹190 and the stall fee is ₹200. Is the budget enough? (a) No (b) Yes
  33. 33.Riya has a budget of ₹700. The stock costs ₹200 and the stall fee is ₹470. Is the budget enough? (a) No (b) Yes
  34. 34.Meera’s stall budget is ₹830. Sugar cost ₹250, a banner cost ₹300 and pots cost ₹240. How many rupees of the budget are left?
  35. 35.📒 One-time cost or running cost: ice? (a) a running cost (b) a one-time cost
  36. 36.Farhan’s stall budget is ₹590. Card paper cost ₹80, napkins cost ₹170 and pots cost ₹90. How many rupees of the budget are left?
  37. 37.Kabir has a budget of ₹500. The stock costs ₹190 and the stall fee is ₹330. Is the budget enough? (a) No (b) Yes
  38. 38.🔍 Which is the odd one out? (a) lemons (b) a cloth banner (c) seeds and soil (d) sugar
  39. 39.Farhan has a budget of ₹800. The stock costs ₹250 and the stall fee is ₹510. Is the budget enough? (a) No (b) Yes
  40. 40.Which of these is a running cost? (a) a cooler box (b) sugar (c) a price board (d) a juicer

Answer key

  1. False
  2. a cloth banner
  3. 200
  4. False
  5. sugar
  6. True
  7. True
  8. a cooler box
  9. False
  10. False
  11. Yes
  12. 386
  13. True
  14. lemons
  15. 518
  16. a folding table
  17. a running cost
  18. False
  19. card paper
  20. 100
  21. 160
  22. a price board
  23. a folding table
  24. 260
  25. paper cups
  26. a one-time cost
  27. a running cost
  28. 80
  29. card paper
  30. a one-time cost
  31. 27
  32. Yes
  33. Yes
  34. 40
  35. a running cost
  36. 250
  37. No
  38. a cloth banner
  39. Yes
  40. sugar

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