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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 262 · 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 running cost? (a) a price board (b) a cloth banner (c) a cooler box (d) seeds and soil
  2. 2.🔍 Which is the odd one out? (a) paper cups (b) sugar (c) lemons (d) a price board
  3. 3.Diya’s stall budget is ₹840. Card paper cost ₹170, lemons cost ₹140 and pots cost ₹300. How many rupees of the budget are left?
  4. 4.Nisha plans to make 40 glasses of chai. Each needs ₹5 of materials, and a banner costs ₹100 once. What total budget is needed (in ₹)?
  5. 5.Which of these is a running cost? (a) a price board (b) ice (c) a cloth banner (d) a cooler box
  6. 6.True or false: “ice” is a one-time cost. (a) True (b) False
  7. 7.Which of these is a one-time cost? (a) a juicer (b) lemons (c) sugar (d) seeds and soil
  8. 8.Tara has a budget of ₹800. The stock costs ₹50 and the stall fee is ₹780. Is the budget enough? (a) No (b) Yes
  9. 9.Rohan plans to make 42 potted plants. Each needs ₹4 of materials, and a banner costs ₹190 once. What total budget is needed (in ₹)?
  10. 10.Arjun plans to make 20 fruit cups. Each needs ₹10 of materials, and a banner costs ₹50 once. What total budget is needed (in ₹)?
  11. 11.Which of these is a one-time cost? (a) tea leaves and milk (b) ice (c) a folding table (d) lemons
  12. 12.🔍 Which is the odd one out? (a) a cloth banner (b) paper cups (c) a cash box (d) a price board
  13. 13.True or false: “a cash box” is a running cost. (a) True (b) False
  14. 14.Vihaan’s stall budget is ₹310. A banner cost ₹50, lemons cost ₹40 and paper cups cost ₹50. How many rupees of the budget are left?
  15. 15.Dev plans to make 15 fruit cups. Each needs ₹5 of materials, and a banner costs ₹70 once. What total budget is needed (in ₹)?
  16. 16.Aarav has a budget of ₹400. The stock costs ₹70 and the stall fee is ₹300. Is the budget enough? (a) No (b) Yes
  17. 17.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost
  18. 18.🔍 Which is the odd one out? (a) a folding table (b) card paper (c) a cooler box (d) a cloth banner
  19. 19.Arjun’s stall budget is ₹920. Napkins cost ₹220, card paper cost ₹260 and a price board cost ₹200. How many rupees of the budget are left?
  20. 20.Nisha has a budget of ₹300. The stock costs ₹90 and the stall fee is ₹220. Is the budget enough? (a) No (b) Yes
  21. 21.🔍 Which is the odd one out? (a) seeds and soil (b) card paper (c) a juicer (d) ice
  22. 22.Diya plans to make 47 jute bags. Each needs ₹5 of materials, and a banner costs ₹210 once. What total budget is needed (in ₹)?
  23. 23.True or false: “paper cups” is a one-time cost. (a) True (b) False
  24. 24.Zoya’s stall budget is ₹740. Lemons cost ₹150, a price board cost ₹160 and seeds cost ₹270. How many rupees of the budget are left?
  25. 25.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
  26. 26.True or false: “a cloth banner” is a one-time cost. (a) True (b) False
  27. 27.Gurpreet has a budget of ₹900. The stock costs ₹60 and the stall fee is ₹890. Is the budget enough? (a) No (b) Yes
  28. 28.Tara has ₹200 to spend on sheets of card paper. One sheet of card paper costs ₹8. What is the greatest number of sheets of card paper Tara can buy?
  29. 29.Ananya has a budget of ₹300. The stock costs ₹50 and the stall fee is ₹230. Is the budget enough? (a) Yes (b) No
  30. 30.📒 One-time cost or running cost: a cooler box? (a) a one-time cost (b) a running cost
  31. 31.Arjun’s stall budget is ₹980. A banner cost ₹270, a price board cost ₹300 and pots cost ₹180. How many rupees of the budget are left?
  32. 32.True or false: “a folding table” is a running cost. (a) False (b) True
  33. 33.Which of these is a one-time cost? (a) ice (b) tea leaves and milk (c) seeds and soil (d) a cloth banner
  34. 34.🔍 Which is the odd one out? (a) seeds and soil (b) a cooler box (c) lemons (d) paper cups
  35. 35.Which of these is a one-time cost? (a) ice (b) paper cups (c) sugar (d) a cooler box
  36. 36.🔍 Which is the odd one out? (a) a folding table (b) a cloth banner (c) tea leaves and milk (d) a price board
  37. 37.Tara’s stall budget is ₹660. Ribbon cost ₹300, sugar cost ₹130 and a price board cost ₹80. How many rupees of the budget are left?
  38. 38.True or false: “a price board” is a running cost. (a) False (b) True
  39. 39.Vihaan’s stall budget is ₹780. Paper cups cost ₹250, lemons cost ₹240 and pots cost ₹270. How many rupees of the budget are left?
  40. 40.True or false: “seeds and soil” is a one-time cost. (a) False (b) True

Answer key

  1. seeds and soil
  2. a price board
  3. 230
  4. 300
  5. ice
  6. False
  7. a juicer
  8. No
  9. 358
  10. 250
  11. a folding table
  12. paper cups
  13. False
  14. 170
  15. 145
  16. Yes
  17. a one-time cost
  18. card paper
  19. 240
  20. No
  21. a juicer
  22. 445
  23. False
  24. 160
  25. a one-time cost
  26. True
  27. No
  28. 25
  29. Yes
  30. a one-time cost
  31. 230
  32. False
  33. a cloth banner
  34. a cooler box
  35. a cooler box
  36. tea leaves and milk
  37. 150
  38. False
  39. 20
  40. False

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