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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 395 · 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.

NameDateTime takenScore ___ / 40
  1. 1.Ishaan has a budget of ₹900. The stock costs ₹260 and the stall fee is ₹590. Is the budget enough? (a) No (b) Yes
  2. 2.🔍 Which is the odd one out? (a) lemons (b) a juicer (c) a price board (d) a cash box
  3. 3.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
  4. 4.True or false: “a cloth banner” is a running cost. (a) True (b) False
  5. 5.Nisha has a budget of ₹1000. The stock costs ₹130 and the stall fee is ₹920. Is the budget enough? (a) Yes (b) No
  6. 6.Kabir plans to make 41 handmade cards. Each needs ₹10 of materials, and a banner costs ₹300 once. What total budget is needed (in ₹)?
  7. 7.Which of these is a running cost? (a) a folding table (b) tea leaves and milk (c) a price board (d) a cash box
  8. 8.Which of these is a one-time cost? (a) paper cups (b) seeds and soil (c) lemons (d) a price board
  9. 9.🔍 Which is the odd one out? (a) paper cups (b) a cooler box (c) lemons (d) card paper
  10. 10.Which of these is a one-time cost? (a) sugar (b) seeds and soil (c) paper cups (d) a cloth banner
  11. 11.Tara plans to make 21 cupcakes. Each needs ₹3 of materials, and a banner costs ₹140 once. What total budget is needed (in ₹)?
  12. 12.Which of these is a running cost? (a) a cash box (b) a price board (c) a folding table (d) ice
  13. 13.🔍 Which is the odd one out? (a) a juicer (b) paper cups (c) a price board (d) a cooler box
  14. 14.🔍 Which is the odd one out? (a) lemons (b) sugar (c) a price board (d) ice
  15. 15.Saanvi plans to make 34 cups of lemonade. Each needs ₹5 of materials, and a banner costs ₹220 once. What total budget is needed (in ₹)?
  16. 16.True or false: “a cash box” is a running cost. (a) False (b) True
  17. 17.Which of these is a one-time cost? (a) lemons (b) a cooler box (c) sugar (d) paper cups
  18. 18.🔍 Which is the odd one out? (a) a cooler box (b) a juicer (c) a cash box (d) tea leaves and milk
  19. 19.Vihaan has a budget of ₹1000. The stock costs ₹190 and the stall fee is ₹800. Is the budget enough? (a) Yes (b) No
  20. 20.Diya plans to make 27 painted pebbles. Each needs ₹7 of materials, and a banner costs ₹300 once. What total budget is needed (in ₹)?
  21. 21.📒 One-time cost or running cost: a price board? (a) a one-time cost (b) a running cost
  22. 22.Dev has ₹280 to spend on packets of seeds. One packet of seeds costs ₹10. What is the greatest number of packets of seeds Dev can buy?
  23. 23.📒 One-time cost or running cost: a cooler box? (a) a one-time cost (b) a running cost
  24. 24.Vihaan’s stall budget is ₹680. Paper cups cost ₹190, card paper cost ₹60 and sugar cost ₹200. How many rupees of the budget are left?
  25. 25.📒 One-time cost or running cost: card paper? (a) a one-time cost (b) a running cost
  26. 26.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  27. 27.🔍 Which is the odd one out? (a) a cooler box (b) a price board (c) a juicer (d) ice
  28. 28.🔍 Which is the odd one out? (a) lemons (b) a folding table (c) seeds and soil (d) sugar
  29. 29.Which of these is a running cost? (a) a price board (b) seeds and soil (c) a cloth banner (d) a cooler box
  30. 30.True or false: “a cooler box” is a one-time cost. (a) False (b) True
  31. 31.True or false: “paper cups” is a one-time cost. (a) False (b) True
  32. 32.True or false: “a cash box” is a one-time cost. (a) False (b) True
  33. 33.Meera has a budget of ₹900. The stock costs ₹270 and the stall fee is ₹640. Is the budget enough? (a) No (b) Yes
  34. 34.Diya’s stall budget is ₹660. Seeds cost ₹110, a price board cost ₹110 and napkins cost ₹290. How many rupees of the budget are left?
  35. 35.🔍 Which is the odd one out? (a) a cash box (b) a folding table (c) sugar (d) a cloth banner
  36. 36.Saanvi’s stall budget is ₹840. A banner cost ₹300, lemons cost ₹270 and seeds cost ₹120. How many rupees of the budget are left?
  37. 37.Dev’s stall budget is ₹600. Seeds cost ₹170, a banner cost ₹60 and paper cups cost ₹230. How many rupees of the budget are left?
  38. 38.Which of these is a running cost? (a) a folding table (b) a cooler box (c) a cloth banner (d) lemons
  39. 39.True or false: “a folding table” is a running cost. (a) False (b) True
  40. 40.Which of these is a one-time cost? (a) seeds and soil (b) a folding table (c) card paper (d) ice

Answer key

  1. Yes
  2. lemons
  3. a one-time cost
  4. False
  5. No
  6. 710
  7. tea leaves and milk
  8. a price board
  9. a cooler box
  10. a cloth banner
  11. 203
  12. ice
  13. paper cups
  14. a price board
  15. 390
  16. False
  17. a cooler box
  18. tea leaves and milk
  19. Yes
  20. 489
  21. a one-time cost
  22. 28
  23. a one-time cost
  24. 230
  25. a running cost
  26. a one-time cost
  27. ice
  28. a folding table
  29. seeds and soil
  30. True
  31. False
  32. True
  33. No
  34. 150
  35. sugar
  36. 150
  37. 140
  38. lemons
  39. False
  40. a folding table

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