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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 399 · 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 juicer” is a running cost. (a) False (b) True
  2. 2.Which of these is a running cost? (a) a cooler box (b) seeds and soil (c) a juicer (d) a cash box
  3. 3.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost
  4. 4.Diya plans to make 12 paper bookmarks. Each needs ₹3 of materials, and a banner costs ₹280 once. What total budget is needed (in ₹)?
  5. 5.Farhan has a budget of ₹300. The stock costs ₹150 and the stall fee is ₹170. Is the budget enough? (a) Yes (b) No
  6. 6.Kavya plans to make 43 handmade cards. Each needs ₹2 of materials, and a banner costs ₹260 once. What total budget is needed (in ₹)?
  7. 7.Tara’s stall budget is ₹680. Pots cost ₹160, a banner cost ₹290 and seeds cost ₹190. How many rupees of the budget are left?
  8. 8.🔍 Which is the odd one out? (a) ice (b) seeds and soil (c) a cloth banner (d) tea leaves and milk
  9. 9.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
  10. 10.🔍 Which is the odd one out? (a) ice (b) paper cups (c) lemons (d) a juicer
  11. 11.True or false: “ice” is a one-time cost. (a) False (b) True
  12. 12.🔍 Which is the odd one out? (a) a cash box (b) a cloth banner (c) tea leaves and milk (d) a price board
  13. 13.🔍 Which is the odd one out? (a) a cooler box (b) a price board (c) lemons (d) a folding table
  14. 14.Ananya has a budget of ₹700. The stock costs ₹80 and the stall fee is ₹640. Is the budget enough? (a) Yes (b) No
  15. 15.📒 One-time cost or running cost: sugar? (a) a running cost (b) a one-time cost
  16. 16.Kabir’s stall budget is ₹790. Ribbon cost ₹270, lemons cost ₹230 and sugar cost ₹140. How many rupees of the budget are left?
  17. 17.Ananya has a budget of ₹700. The stock costs ₹80 and the stall fee is ₹590. Is the budget enough? (a) Yes (b) No
  18. 18.📒 One-time cost or running cost: seeds and soil? (a) a one-time cost (b) a running cost
  19. 19.Which of these is a one-time cost? (a) lemons (b) tea leaves and milk (c) sugar (d) a cash box
  20. 20.Nisha has a budget of ₹1000. The stock costs ₹110 and the stall fee is ₹910. Is the budget enough? (a) No (b) Yes
  21. 21.True or false: “card paper” is a one-time cost. (a) True (b) False
  22. 22.Rohan’s stall budget is ₹900. Napkins cost ₹230, card paper cost ₹290 and a banner cost ₹140. How many rupees of the budget are left?
  23. 23.Kabir has a budget of ₹300. The stock costs ₹130 and the stall fee is ₹220. Is the budget enough? (a) Yes (b) No
  24. 24.Nisha’s stall budget is ₹590. Ribbon cost ₹110, pots cost ₹130 and seeds cost ₹140. How many rupees of the budget are left?
  25. 25.📒 One-time cost or running cost: ice? (a) a running cost (b) a one-time cost
  26. 26.Vihaan plans to make 13 paper bookmarks. Each needs ₹3 of materials, and a banner costs ₹80 once. What total budget is needed (in ₹)?
  27. 27.Rohan plans to make 18 jute bags. Each needs ₹3 of materials, and a banner costs ₹250 once. What total budget is needed (in ₹)?
  28. 28.Aarav has a budget of ₹800. The stock costs ₹330 and the stall fee is ₹490. Is the budget enough? (a) Yes (b) No
  29. 29.Ananya has ₹210 to spend on packets of seeds. One packet of seeds costs ₹15. What is the greatest number of packets of seeds Ananya can buy?
  30. 30.📒 One-time cost or running cost: paper cups? (a) a one-time cost (b) a running cost
  31. 31.🔍 Which is the odd one out? (a) paper cups (b) card paper (c) lemons (d) a cooler box
  32. 32.Which of these is a running cost? (a) tea leaves and milk (b) a cooler box (c) a cash box (d) a cloth banner
  33. 33.🔍 Which is the odd one out? (a) a cash box (b) a cooler box (c) a juicer (d) ice
  34. 34.Which of these is a one-time cost? (a) card paper (b) seeds and soil (c) a juicer (d) sugar
  35. 35.Which of these is a one-time cost? (a) card paper (b) a cloth banner (c) sugar (d) paper cups
  36. 36.Diya plans to make 26 clay diyas. Each needs ₹2 of materials, and a banner costs ₹140 once. What total budget is needed (in ₹)?
  37. 37.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost
  38. 38.Kabir’s stall budget is ₹340. Paper cups cost ₹60, a price board cost ₹20 and pots cost ₹180. How many rupees of the budget are left?
  39. 39.Kabir has a budget of ₹1000. The stock costs ₹140 and the stall fee is ₹910. Is the budget enough? (a) No (b) Yes
  40. 40.Aarav has a budget of ₹300. The stock costs ₹140 and the stall fee is ₹140. Is the budget enough? (a) No (b) Yes

Answer key

  1. False
  2. seeds and soil
  3. a one-time cost
  4. 316
  5. No
  6. 346
  7. 40
  8. a cloth banner
  9. a one-time cost
  10. a juicer
  11. False
  12. tea leaves and milk
  13. lemons
  14. No
  15. a running cost
  16. 150
  17. Yes
  18. a running cost
  19. a cash box
  20. No
  21. False
  22. 240
  23. No
  24. 210
  25. a running cost
  26. 119
  27. 304
  28. No
  29. 14
  30. a running cost
  31. a cooler box
  32. tea leaves and milk
  33. ice
  34. a juicer
  35. a cloth banner
  36. 192
  37. a one-time cost
  38. 80
  39. No
  40. Yes

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