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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 299 · 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 one-time cost. (a) True (b) False
  2. 2.Vihaan has a budget of ₹300. The stock costs ₹90 and the stall fee is ₹210. Is the budget enough? (a) Yes (b) No
  3. 3.🔍 Which is the odd one out? (a) seeds and soil (b) lemons (c) a price board (d) sugar
  4. 4.True or false: “a cloth banner” is a running cost. (a) True (b) False
  5. 5.Which of these is a running cost? (a) a price board (b) a cooler box (c) lemons (d) a juicer
  6. 6.🔍 Which is the odd one out? (a) a cooler box (b) seeds and soil (c) tea leaves and milk (d) paper cups
  7. 7.Which of these is a one-time cost? (a) seeds and soil (b) lemons (c) a cloth banner (d) sugar
  8. 8.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  9. 9.🔍 Which is the odd one out? (a) a cloth banner (b) a juicer (c) ice (d) a price board
  10. 10.Which of these is a one-time cost? (a) lemons (b) tea leaves and milk (c) ice (d) a cash box
  11. 11.True or false: “seeds and soil” is a running cost. (a) False (b) True
  12. 12.Rohan’s stall budget is ₹550. Sugar cost ₹30, napkins cost ₹210 and a banner cost ₹300. How many rupees of the budget are left?
  13. 13.🔍 Which is the odd one out? (a) paper cups (b) a cash box (c) a cooler box (d) a folding table
  14. 14.Saanvi has ₹280 to spend on packs of cups. One pack of cups costs ₹6. What is the greatest number of packs of cups Saanvi can buy?
  15. 15.🔍 Which is the odd one out? (a) sugar (b) a cooler box (c) a cash box (d) a juicer
  16. 16.True or false: “a cash box” is a one-time cost. (a) False (b) True
  17. 17.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
  18. 18.📒 One-time cost or running cost: card paper? (a) a running cost (b) a one-time cost
  19. 19.True or false: “paper cups” is a running cost. (a) False (b) True
  20. 20.True or false: “lemons” is a one-time cost. (a) True (b) False
  21. 21.Ishaan has a budget of ₹400. The stock costs ₹200 and the stall fee is ₹150. Is the budget enough? (a) No (b) Yes
  22. 22.Which of these is a running cost? (a) a price board (b) seeds and soil (c) a juicer (d) a cooler box
  23. 23.Kavya plans to make 26 friendship bands. Each needs ₹10 of materials, and a banner costs ₹70 once. What total budget is needed (in ₹)?
  24. 24.🔍 Which is the odd one out? (a) seeds and soil (b) sugar (c) lemons (d) a cloth banner
  25. 25.Riya has a budget of ₹500. The stock costs ₹100 and the stall fee is ₹450. Is the budget enough? (a) Yes (b) No
  26. 26.📒 One-time cost or running cost: a cloth banner? (a) a one-time cost (b) a running cost
  27. 27.Saanvi plans to make 13 bags of popcorn. Each needs ₹7 of materials, and a banner costs ₹220 once. What total budget is needed (in ₹)?
  28. 28.Ananya has ₹90 to spend on packets of seeds. One packet of seeds costs ₹4. What is the greatest number of packets of seeds Ananya can buy?
  29. 29.Arjun plans to make 48 bags of popcorn. Each needs ₹7 of materials, and a banner costs ₹50 once. What total budget is needed (in ₹)?
  30. 30.Joseph plans to make 35 glasses of chai. Each needs ₹5 of materials, and a banner costs ₹230 once. What total budget is needed (in ₹)?
  31. 31.Joseph’s stall budget is ₹680. Seeds cost ₹150, a banner cost ₹270 and lemons cost ₹120. How many rupees of the budget are left?
  32. 32.Ananya plans to make 50 handmade cards. Each needs ₹9 of materials, and a banner costs ₹50 once. What total budget is needed (in ₹)?
  33. 33.Which of these is a running cost? (a) a cash box (b) a juicer (c) a price board (d) card paper
  34. 34.Lakshmi plans to make 20 cups of lemonade. Each needs ₹8 of materials, and a banner costs ₹80 once. What total budget is needed (in ₹)?
  35. 35.🔍 Which is the odd one out? (a) a cooler box (b) a cloth banner (c) a folding table (d) seeds and soil
  36. 36.🔍 Which is the odd one out? (a) card paper (b) a price board (c) a cloth banner (d) a folding table
  37. 37.🔍 Which is the odd one out? (a) a cloth banner (b) a cooler box (c) a price board (d) tea leaves and milk
  38. 38.Nisha’s stall budget is ₹870. Seeds cost ₹230, lemons cost ₹260 and ribbon cost ₹110. How many rupees of the budget are left?
  39. 39.Arjun has ₹220 to spend on rolls of ribbon. One roll of ribbon costs ₹6. What is the greatest number of rolls of ribbon Arjun can buy?
  40. 40.Aarav has a budget of ₹900. The stock costs ₹310 and the stall fee is ₹620. Is the budget enough? (a) No (b) Yes

Answer key

  1. True
  2. Yes
  3. a price board
  4. False
  5. lemons
  6. a cooler box
  7. a cloth banner
  8. a one-time cost
  9. ice
  10. a cash box
  11. True
  12. 10
  13. paper cups
  14. 46
  15. sugar
  16. True
  17. a one-time cost
  18. a running cost
  19. True
  20. False
  21. Yes
  22. seeds and soil
  23. 330
  24. a cloth banner
  25. No
  26. a one-time cost
  27. 311
  28. 22
  29. 386
  30. 405
  31. 140
  32. 500
  33. card paper
  34. 240
  35. seeds and soil
  36. card paper
  37. tea leaves and milk
  38. 270
  39. 36
  40. No

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