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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 437 · 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.Which of these is a one-time cost? (a) a folding table (b) card paper (c) ice (d) lemons
  2. 2.True or false: “sugar” is a one-time cost. (a) True (b) False
  3. 3.Meera’s stall budget is ₹460. A banner cost ₹20, ribbon cost ₹50 and card paper cost ₹240. How many rupees of the budget are left?
  4. 4.📒 One-time cost or running cost: card paper? (a) a one-time cost (b) a running cost
  5. 5.Saanvi plans to make 50 glasses of chai. Each needs ₹3 of materials, and a banner costs ₹90 once. What total budget is needed (in ₹)?
  6. 6.Aarav’s stall budget is ₹520. Paper cups cost ₹220, card paper cost ₹140 and napkins cost ₹70. How many rupees of the budget are left?
  7. 7.🔍 Which is the odd one out? (a) a folding table (b) a cooler box (c) card paper (d) a cash box
  8. 8.Tara has a budget of ₹400. The stock costs ₹60 and the stall fee is ₹350. Is the budget enough? (a) Yes (b) No
  9. 9.True or false: “tea leaves and milk” is a one-time cost. (a) False (b) True
  10. 10.Aarav has ₹280 to spend on packets of seeds. One packet of seeds costs ₹6. What is the greatest number of packets of seeds Aarav can buy?
  11. 11.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost
  12. 12.Kabir has a budget of ₹800. The stock costs ₹380 and the stall fee is ₹370. Is the budget enough? (a) No (b) Yes
  13. 13.Riya’s stall budget is ₹640. Napkins cost ₹160, seeds cost ₹150 and a price board cost ₹30. How many rupees of the budget are left?
  14. 14.Meera has a budget of ₹700. The stock costs ₹350 and the stall fee is ₹360. Is the budget enough? (a) No (b) Yes
  15. 15.Kabir plans to make 14 fruit cups. Each needs ₹3 of materials, and a banner costs ₹130 once. What total budget is needed (in ₹)?
  16. 16.Rohan’s stall budget is ₹560. A price board cost ₹190, ribbon cost ₹210 and seeds cost ₹110. How many rupees of the budget are left?
  17. 17.Gurpreet has ₹280 to spend on rolls of ribbon. One roll of ribbon costs ₹4. What is the greatest number of rolls of ribbon Gurpreet can buy?
  18. 18.Joseph has ₹140 to spend on rolls of ribbon. One roll of ribbon costs ₹15. What is the greatest number of rolls of ribbon Joseph can buy?
  19. 19.Rohan has a budget of ₹300. The stock costs ₹60 and the stall fee is ₹190. Is the budget enough? (a) Yes (b) No
  20. 20.🔍 Which is the odd one out? (a) a juicer (b) seeds and soil (c) a folding table (d) a cloth banner
  21. 21.🔍 Which is the odd one out? (a) lemons (b) seeds and soil (c) tea leaves and milk (d) a cash box
  22. 22.Diya has a budget of ₹300. The stock costs ₹130 and the stall fee is ₹190. Is the budget enough? (a) Yes (b) No
  23. 23.Vihaan plans to make 27 clay diyas. Each needs ₹3 of materials, and a banner costs ₹80 once. What total budget is needed (in ₹)?
  24. 24.🔍 Which is the odd one out? (a) sugar (b) a cloth banner (c) seeds and soil (d) paper cups
  25. 25.📒 One-time cost or running cost: a price board? (a) a one-time cost (b) a running cost
  26. 26.True or false: “a cloth banner” is a one-time cost. (a) True (b) False
  27. 27.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  28. 28.Meera’s stall budget is ₹630. Seeds cost ₹150, ribbon cost ₹160 and a price board cost ₹40. How many rupees of the budget are left?
  29. 29.True or false: “a cloth banner” is a running cost. (a) False (b) True
  30. 30.True or false: “a cash box” is a one-time cost. (a) True (b) False
  31. 31.Which of these is a one-time cost? (a) a price board (b) ice (c) lemons (d) seeds and soil
  32. 32.📒 One-time cost or running cost: sugar? (a) a running cost (b) a one-time cost
  33. 33.📒 One-time cost or running cost: ice? (a) a running cost (b) a one-time cost
  34. 34.Aarav plans to make 25 handmade cards. Each needs ₹9 of materials, and a banner costs ₹110 once. What total budget is needed (in ₹)?
  35. 35.🔍 Which is the odd one out? (a) a price board (b) a cloth banner (c) a cash box (d) paper cups
  36. 36.Kavya’s stall budget is ₹760. Ribbon cost ₹70, napkins cost ₹290 and card paper cost ₹100. How many rupees of the budget are left?
  37. 37.True or false: “a juicer” is a one-time cost. (a) True (b) False
  38. 38.📒 One-time cost or running cost: a cash box? (a) a one-time cost (b) a running cost
  39. 39.Which of these is a running cost? (a) a cloth banner (b) a juicer (c) a folding table (d) paper cups
  40. 40.Tara plans to make 44 handmade cards. Each needs ₹8 of materials, and a banner costs ₹230 once. What total budget is needed (in ₹)?

Answer key

  1. a folding table
  2. False
  3. 150
  4. a running cost
  5. 240
  6. 90
  7. card paper
  8. No
  9. False
  10. 46
  11. a one-time cost
  12. Yes
  13. 300
  14. No
  15. 172
  16. 50
  17. 70
  18. 9
  19. Yes
  20. seeds and soil
  21. a cash box
  22. No
  23. 161
  24. a cloth banner
  25. a one-time cost
  26. True
  27. a one-time cost
  28. 280
  29. False
  30. True
  31. a price board
  32. a running cost
  33. a running cost
  34. 335
  35. paper cups
  36. 300
  37. True
  38. a one-time cost
  39. paper cups
  40. 582

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