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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 334 · 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.Meera’s stall budget is ₹710. Paper cups cost ₹150, card paper cost ₹250 and sugar cost ₹110. How many rupees of the budget are left?
  2. 2.Ananya’s stall budget is ₹820. A price board cost ₹260, paper cups cost ₹220 and napkins cost ₹80. How many rupees of the budget are left?
  3. 3.Riya has a budget of ₹400. The stock costs ₹130 and the stall fee is ₹310. Is the budget enough? (a) No (b) Yes
  4. 4.📒 One-time cost or running cost: card paper? (a) a one-time cost (b) a running cost
  5. 5.Kabir’s stall budget is ₹630. Pots cost ₹140, a banner cost ₹90 and ribbon cost ₹120. How many rupees of the budget are left?
  6. 6.True or false: “tea leaves and milk” is a running cost. (a) False (b) True
  7. 7.True or false: “a juicer” is a running cost. (a) True (b) False
  8. 8.Which of these is a one-time cost? (a) card paper (b) tea leaves and milk (c) paper cups (d) a cooler box
  9. 9.📒 One-time cost or running cost: seeds and soil? (a) a one-time cost (b) a running cost
  10. 10.Lakshmi has ₹350 to spend on packs of cups. One pack of cups costs ₹12. What is the greatest number of packs of cups Lakshmi can buy?
  11. 11.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost
  12. 12.📒 One-time cost or running cost: a cloth banner? (a) a one-time cost (b) a running cost
  13. 13.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  14. 14.Zoya has a budget of ₹400. The stock costs ₹170 and the stall fee is ₹210. Is the budget enough? (a) No (b) Yes
  15. 15.Riya plans to make 49 friendship bands. Each needs ₹3 of materials, and a banner costs ₹150 once. What total budget is needed (in ₹)?
  16. 16.📒 One-time cost or running cost: sugar? (a) a running cost (b) a one-time cost
  17. 17.Riya has a budget of ₹700. The stock costs ₹240 and the stall fee is ₹470. Is the budget enough? (a) Yes (b) No
  18. 18.True or false: “a cooler box” is a one-time cost. (a) False (b) True
  19. 19.🔍 Which is the odd one out? (a) a cooler box (b) a folding table (c) a cloth banner (d) seeds and soil
  20. 20.True or false: “sugar” is a running cost. (a) False (b) True
  21. 21.Which of these is a running cost? (a) a folding table (b) a juicer (c) a cloth banner (d) tea leaves and milk
  22. 22.🔍 Which is the odd one out? (a) sugar (b) a price board (c) a juicer (d) a cloth banner
  23. 23.📒 One-time cost or running cost: lemons? (a) a running cost (b) a one-time cost
  24. 24.Kabir plans to make 18 fruit cups. Each needs ₹6 of materials, and a banner costs ₹50 once. What total budget is needed (in ₹)?
  25. 25.Which of these is a one-time cost? (a) paper cups (b) tea leaves and milk (c) lemons (d) a cloth banner
  26. 26.True or false: “a folding table” is a one-time cost. (a) False (b) True
  27. 27.Tara’s stall budget is ₹540. Lemons cost ₹80, pots cost ₹180 and ribbon cost ₹50. How many rupees of the budget are left?
  28. 28.Farhan has a budget of ₹700. The stock costs ₹120 and the stall fee is ₹590. Is the budget enough? (a) Yes (b) No
  29. 29.🔍 Which is the odd one out? (a) a cloth banner (b) sugar (c) lemons (d) card paper
  30. 30.Which of these is a one-time cost? (a) sugar (b) tea leaves and milk (c) a folding table (d) lemons
  31. 31.Which of these is a running cost? (a) a juicer (b) paper cups (c) a folding table (d) a price board
  32. 32.True or false: “a cloth banner” is a one-time cost. (a) False (b) True
  33. 33.Joseph has a budget of ₹800. The stock costs ₹320 and the stall fee is ₹470. Is the budget enough? (a) No (b) Yes
  34. 34.Which of these is a running cost? (a) a folding table (b) a cloth banner (c) ice (d) a cooler box
  35. 35.Which of these is a running cost? (a) a cash box (b) a price board (c) a folding table (d) sugar
  36. 36.Aarav’s stall budget is ₹680. Sugar cost ₹210, a price board cost ₹60 and seeds cost ₹190. How many rupees of the budget are left?
  37. 37.True or false: “a cooler box” is a running cost. (a) False (b) True
  38. 38.Which of these is a one-time cost? (a) paper cups (b) lemons (c) ice (d) a price board
  39. 39.True or false: “sugar” is a one-time cost. (a) True (b) False
  40. 40.Arjun plans to make 16 jute bags. Each needs ₹4 of materials, and a banner costs ₹130 once. What total budget is needed (in ₹)?

Answer key

  1. 200
  2. 260
  3. No
  4. a running cost
  5. 280
  6. True
  7. False
  8. a cooler box
  9. a running cost
  10. 29
  11. a one-time cost
  12. a one-time cost
  13. a one-time cost
  14. Yes
  15. 297
  16. a running cost
  17. No
  18. True
  19. seeds and soil
  20. True
  21. tea leaves and milk
  22. sugar
  23. a running cost
  24. 158
  25. a cloth banner
  26. True
  27. 230
  28. No
  29. a cloth banner
  30. a folding table
  31. paper cups
  32. True
  33. Yes
  34. ice
  35. sugar
  36. 220
  37. False
  38. a price board
  39. False
  40. 194

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