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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 532 · 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.Kavya plans to make 28 clay diyas. Each needs ₹8 of materials, and a banner costs ₹270 once. What total budget is needed (in ₹)?
  2. 2.Aarav has a budget of ₹700. The stock costs ₹310 and the stall fee is ₹360. Is the budget enough? (a) Yes (b) No
  3. 3.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost
  4. 4.Which of these is a running cost? (a) lemons (b) a cash box (c) a cloth banner (d) a folding table
  5. 5.🔍 Which is the odd one out? (a) a cash box (b) seeds and soil (c) a cooler box (d) a price board
  6. 6.Which of these is a running cost? (a) card paper (b) a cooler box (c) a cloth banner (d) a juicer
  7. 7.🔍 Which is the odd one out? (a) seeds and soil (b) a folding table (c) ice (d) tea leaves and milk
  8. 8.Meera’s stall budget is ₹700. A banner cost ₹150, a price board cost ₹160 and sugar cost ₹260. How many rupees of the budget are left?
  9. 9.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  10. 10.Which of these is a running cost? (a) a folding table (b) a price board (c) paper cups (d) a juicer
  11. 11.Which of these is a one-time cost? (a) sugar (b) a folding table (c) lemons (d) card paper
  12. 12.True or false: “a cloth banner” is a running cost. (a) False (b) True
  13. 13.Which of these is a running cost? (a) a price board (b) a cloth banner (c) seeds and soil (d) a cooler box
  14. 14.Kavya’s stall budget is ₹560. A price board cost ₹20, a banner cost ₹30 and ribbon cost ₹230. How many rupees of the budget are left?
  15. 15.True or false: “card paper” is a one-time cost. (a) False (b) True
  16. 16.📒 One-time cost or running cost: a price board? (a) a one-time cost (b) a running cost
  17. 17.True or false: “lemons” is a one-time cost. (a) True (b) False
  18. 18.📒 One-time cost or running cost: sugar? (a) a running cost (b) a one-time cost
  19. 19.Which of these is a one-time cost? (a) ice (b) seeds and soil (c) card paper (d) a cash box
  20. 20.Diya has ₹220 to spend on rolls of ribbon. One roll of ribbon costs ₹6. What is the greatest number of rolls of ribbon Diya can buy?
  21. 21.🔍 Which is the odd one out? (a) a price board (b) a folding table (c) ice (d) a cash box
  22. 22.Aarav has a budget of ₹700. The stock costs ₹240 and the stall fee is ₹450. Is the budget enough? (a) Yes (b) No
  23. 23.Which of these is a one-time cost? (a) paper cups (b) sugar (c) a cooler box (d) seeds and soil
  24. 24.Nisha has a budget of ₹800. The stock costs ₹230 and the stall fee is ₹610. Is the budget enough? (a) Yes (b) No
  25. 25.True or false: “seeds and soil” is a one-time cost. (a) True (b) False
  26. 26.Meera has a budget of ₹500. The stock costs ₹60 and the stall fee is ₹460. Is the budget enough? (a) Yes (b) No
  27. 27.Which of these is a one-time cost? (a) ice (b) tea leaves and milk (c) a juicer (d) card paper
  28. 28.Diya has ₹350 to spend on lemons. One lemon costs ₹8. What is the greatest number of lemons Diya can buy?
  29. 29.True or false: “ice” is a one-time cost. (a) False (b) True
  30. 30.🔍 Which is the odd one out? (a) a folding table (b) sugar (c) a cloth banner (d) a cooler box
  31. 31.True or false: “a price board” is a one-time cost. (a) False (b) True
  32. 32.Rohan plans to make 11 jute bags. Each needs ₹5 of materials, and a banner costs ₹290 once. What total budget is needed (in ₹)?
  33. 33.Dev has a budget of ₹900. The stock costs ₹370 and the stall fee is ₹520. Is the budget enough? (a) No (b) Yes
  34. 34.True or false: “paper cups” is a running cost. (a) True (b) False
  35. 35.🔍 Which is the odd one out? (a) paper cups (b) lemons (c) card paper (d) a cash box
  36. 36.Zoya has ₹90 to spend on packets of seeds. One packet of seeds costs ₹4. What is the greatest number of packets of seeds Zoya can buy?
  37. 37.Arjun’s stall budget is ₹850. Seeds cost ₹220, pots cost ₹260 and a price board cost ₹90. How many rupees of the budget are left?
  38. 38.Diya’s stall budget is ₹570. A banner cost ₹170, seeds cost ₹140 and napkins cost ₹110. How many rupees of the budget are left?
  39. 39.True or false: “a cash box” is a one-time cost. (a) False (b) True
  40. 40.Meera has a budget of ₹300. The stock costs ₹80 and the stall fee is ₹250. Is the budget enough? (a) Yes (b) No

Answer key

  1. 494
  2. Yes
  3. a one-time cost
  4. lemons
  5. seeds and soil
  6. card paper
  7. a folding table
  8. 130
  9. a one-time cost
  10. paper cups
  11. a folding table
  12. False
  13. seeds and soil
  14. 280
  15. False
  16. a one-time cost
  17. False
  18. a running cost
  19. a cash box
  20. 36
  21. ice
  22. Yes
  23. a cooler box
  24. No
  25. False
  26. No
  27. a juicer
  28. 43
  29. False
  30. sugar
  31. True
  32. 345
  33. Yes
  34. True
  35. a cash box
  36. 22
  37. 280
  38. 150
  39. True
  40. No

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