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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 274 · 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: “ice” is a one-time cost. (a) False (b) True
  2. 2.🔍 Which is the odd one out? (a) a price board (b) a cloth banner (c) ice (d) a cash box
  3. 3.Tara has ₹160 to spend on packets of seeds. One packet of seeds costs ₹8. What is the greatest number of packets of seeds Tara can buy?
  4. 4.Lakshmi has a budget of ₹500. The stock costs ₹90 and the stall fee is ₹370. Is the budget enough? (a) No (b) Yes
  5. 5.True or false: “a price board” is a running cost. (a) True (b) False
  6. 6.🔍 Which is the odd one out? (a) card paper (b) a cloth banner (c) a cooler box (d) a cash box
  7. 7.📒 One-time cost or running cost: card paper? (a) a one-time cost (b) a running cost
  8. 8.Dev’s stall budget is ₹690. Paper cups cost ₹170, a price board cost ₹230 and lemons cost ₹190. How many rupees of the budget are left?
  9. 9.Riya has a budget of ₹400. The stock costs ₹150 and the stall fee is ₹220. Is the budget enough? (a) Yes (b) No
  10. 10.📒 One-time cost or running cost: paper cups? (a) a one-time cost (b) a running cost
  11. 11.Ananya’s stall budget is ₹660. Ribbon cost ₹190, a banner cost ₹230 and sugar cost ₹190. How many rupees of the budget are left?
  12. 12.🔍 Which is the odd one out? (a) seeds and soil (b) card paper (c) lemons (d) a folding table
  13. 13.Lakshmi plans to make 32 jute bags. Each needs ₹4 of materials, and a banner costs ₹50 once. What total budget is needed (in ₹)?
  14. 14.Which of these is a running cost? (a) a cooler box (b) a cloth banner (c) a juicer (d) seeds and soil
  15. 15.Which of these is a one-time cost? (a) a folding table (b) ice (c) lemons (d) card paper
  16. 16.Kavya’s stall budget is ₹470. Lemons cost ₹130, card paper cost ₹230 and a banner cost ₹20. How many rupees of the budget are left?
  17. 17.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  18. 18.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  19. 19.Lakshmi’s stall budget is ₹890. Pots cost ₹140, card paper cost ₹290 and ribbon cost ₹290. How many rupees of the budget are left?
  20. 20.📒 One-time cost or running cost: tea leaves and milk? (a) a running cost (b) a one-time cost
  21. 21.Kabir has a budget of ₹500. The stock costs ₹150 and the stall fee is ₹360. Is the budget enough? (a) No (b) Yes
  22. 22.📒 One-time cost or running cost: seeds and soil? (a) a one-time cost (b) a running cost
  23. 23.Diya plans to make 43 glasses of chai. Each needs ₹8 of materials, and a banner costs ₹150 once. What total budget is needed (in ₹)?
  24. 24.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
  25. 25.🔍 Which is the odd one out? (a) tea leaves and milk (b) a juicer (c) a price board (d) a folding table
  26. 26.📒 One-time cost or running cost: sugar? (a) a running cost (b) a one-time cost
  27. 27.True or false: “lemons” is a running cost. (a) False (b) True
  28. 28.Saanvi has a budget of ₹500. The stock costs ₹100 and the stall fee is ₹450. Is the budget enough? (a) No (b) Yes
  29. 29.Tara plans to make 15 paper bookmarks. Each needs ₹5 of materials, and a banner costs ₹190 once. What total budget is needed (in ₹)?
  30. 30.True or false: “a folding table” is a one-time cost. (a) False (b) True
  31. 31.Which of these is a one-time cost? (a) tea leaves and milk (b) paper cups (c) lemons (d) a juicer
  32. 32.Which of these is a one-time cost? (a) sugar (b) paper cups (c) card paper (d) a cloth banner
  33. 33.🔍 Which is the odd one out? (a) a folding table (b) lemons (c) a cloth banner (d) a juicer
  34. 34.Vihaan’s stall budget is ₹390. A price board cost ₹80, card paper cost ₹60 and sugar cost ₹20. How many rupees of the budget are left?
  35. 35.Which of these is a one-time cost? (a) sugar (b) seeds and soil (c) ice (d) a cooler box
  36. 36.Joseph plans to make 44 friendship bands. Each needs ₹9 of materials, and a banner costs ₹180 once. What total budget is needed (in ₹)?
  37. 37.🔍 Which is the odd one out? (a) a price board (b) card paper (c) lemons (d) ice
  38. 38.True or false: “seeds and soil” is a one-time cost. (a) False (b) True
  39. 39.Ishaan has a budget of ₹900. The stock costs ₹240 and the stall fee is ₹700. Is the budget enough? (a) No (b) Yes
  40. 40.Farhan’s stall budget is ₹640. Paper cups cost ₹110, seeds cost ₹270 and ribbon cost ₹180. How many rupees of the budget are left?

Answer key

  1. False
  2. ice
  3. 20
  4. Yes
  5. False
  6. card paper
  7. a running cost
  8. 100
  9. Yes
  10. a running cost
  11. 50
  12. a folding table
  13. 178
  14. seeds and soil
  15. a folding table
  16. 90
  17. a one-time cost
  18. a one-time cost
  19. 170
  20. a running cost
  21. No
  22. a running cost
  23. 494
  24. a one-time cost
  25. tea leaves and milk
  26. a running cost
  27. True
  28. No
  29. 265
  30. True
  31. a juicer
  32. a cloth banner
  33. lemons
  34. 230
  35. a cooler box
  36. 576
  37. a price board
  38. False
  39. No
  40. 80

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