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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 479 · 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: “card paper” is a one-time cost. (a) False (b) True
  2. 2.Tara’s stall budget is ₹620. Seeds cost ₹50, paper cups cost ₹90 and a banner cost ₹210. How many rupees of the budget are left?
  3. 3.Which of these is a one-time cost? (a) lemons (b) a price board (c) sugar (d) seeds and soil
  4. 4.True or false: “lemons” is a one-time cost. (a) True (b) False
  5. 5.🔍 Which is the odd one out? (a) a cloth banner (b) a cooler box (c) seeds and soil (d) a folding table
  6. 6.📒 One-time cost or running cost: seeds and soil? (a) a one-time cost (b) a running cost
  7. 7.Vihaan plans to make 18 friendship bands. Each needs ₹4 of materials, and a banner costs ₹260 once. What total budget is needed (in ₹)?
  8. 8.True or false: “a cash box” is a one-time cost. (a) False (b) True
  9. 9.Which of these is a one-time cost? (a) tea leaves and milk (b) a cooler box (c) seeds and soil (d) card paper
  10. 10.True or false: “paper cups” is a one-time cost. (a) True (b) False
  11. 11.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
  12. 12.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  13. 13.Vihaan has a budget of ₹600. The stock costs ₹220 and the stall fee is ₹410. Is the budget enough? (a) Yes (b) No
  14. 14.True or false: “sugar” is a one-time cost. (a) True (b) False
  15. 15.Farhan has a budget of ₹600. The stock costs ₹60 and the stall fee is ₹510. Is the budget enough? (a) No (b) Yes
  16. 16.📒 One-time cost or running cost: sugar? (a) a running cost (b) a one-time cost
  17. 17.📒 One-time cost or running cost: card paper? (a) a running cost (b) a one-time cost
  18. 18.Meera has a budget of ₹400. The stock costs ₹130 and the stall fee is ₹320. Is the budget enough? (a) No (b) Yes
  19. 19.Kabir plans to make 14 fruit cups. Each needs ₹5 of materials, and a banner costs ₹270 once. What total budget is needed (in ₹)?
  20. 20.🔍 Which is the odd one out? (a) lemons (b) a price board (c) a juicer (d) a cash box
  21. 21.Meera has ₹320 to spend on sheets of card paper. One sheet of card paper costs ₹20. What is the greatest number of sheets of card paper Meera can buy?
  22. 22.Ananya plans to make 35 cups of lemonade. Each needs ₹9 of materials, and a banner costs ₹290 once. What total budget is needed (in ₹)?
  23. 23.Lakshmi plans to make 20 clay diyas. Each needs ₹4 of materials, and a banner costs ₹190 once. What total budget is needed (in ₹)?
  24. 24.🔍 Which is the odd one out? (a) tea leaves and milk (b) card paper (c) a cooler box (d) seeds and soil
  25. 25.📒 One-time cost or running cost: tea leaves and milk? (a) a running cost (b) a one-time cost
  26. 26.True or false: “seeds and soil” is a one-time cost. (a) False (b) True
  27. 27.Joseph has ₹210 to spend on rolls of ribbon. One roll of ribbon costs ₹6. What is the greatest number of rolls of ribbon Joseph can buy?
  28. 28.Dev’s stall budget is ₹670. Sugar cost ₹150, lemons cost ₹90 and card paper cost ₹300. How many rupees of the budget are left?
  29. 29.Zoya has a budget of ₹1000. The stock costs ₹80 and the stall fee is ₹910. Is the budget enough? (a) No (b) Yes
  30. 30.🔍 Which is the odd one out? (a) a cash box (b) a cooler box (c) a price board (d) sugar
  31. 31.Rohan plans to make 30 handmade cards. Each needs ₹6 of materials, and a banner costs ₹60 once. What total budget is needed (in ₹)?
  32. 32.📒 One-time cost or running cost: ice? (a) a running cost (b) a one-time cost
  33. 33.Kabir plans to make 42 glasses of chai. Each needs ₹7 of materials, and a banner costs ₹150 once. What total budget is needed (in ₹)?
  34. 34.Tara has a budget of ₹600. The stock costs ₹290 and the stall fee is ₹280. Is the budget enough? (a) No (b) Yes
  35. 35.Which of these is a running cost? (a) a folding table (b) card paper (c) a juicer (d) a cloth banner
  36. 36.Ishaan has a budget of ₹900. The stock costs ₹230 and the stall fee is ₹720. Is the budget enough? (a) Yes (b) No
  37. 37.Saanvi’s stall budget is ₹690. Ribbon cost ₹210, paper cups cost ₹40 and sugar cost ₹250. How many rupees of the budget are left?
  38. 38.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost
  39. 39.Ananya has a budget of ₹700. The stock costs ₹310 and the stall fee is ₹350. Is the budget enough? (a) No (b) Yes
  40. 40.📒 One-time cost or running cost: paper cups? (a) a one-time cost (b) a running cost

Answer key

  1. False
  2. 270
  3. a price board
  4. False
  5. seeds and soil
  6. a running cost
  7. 332
  8. True
  9. a cooler box
  10. False
  11. a one-time cost
  12. a one-time cost
  13. No
  14. False
  15. Yes
  16. a running cost
  17. a running cost
  18. No
  19. 340
  20. lemons
  21. 16
  22. 605
  23. 270
  24. a cooler box
  25. a running cost
  26. False
  27. 35
  28. 130
  29. Yes
  30. sugar
  31. 240
  32. a running cost
  33. 444
  34. Yes
  35. card paper
  36. No
  37. 190
  38. a one-time cost
  39. Yes
  40. a running cost

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