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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 594 · 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.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
  2. 2.True or false: “a juicer” is a running cost. (a) False (b) True
  3. 3.Gurpreet has a budget of ₹1000. The stock costs ₹80 and the stall fee is ₹890. Is the budget enough? (a) No (b) Yes
  4. 4.🔍 Which is the odd one out? (a) a folding table (b) paper cups (c) sugar (d) lemons
  5. 5.Rohan has a budget of ₹900. The stock costs ₹320 and the stall fee is ₹600. Is the budget enough? (a) Yes (b) No
  6. 6.Farhan has a budget of ₹900. The stock costs ₹370 and the stall fee is ₹580. Is the budget enough? (a) No (b) Yes
  7. 7.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  8. 8.True or false: “a cloth banner” is a running cost. (a) True (b) False
  9. 9.Ishaan plans to make 35 handmade cards. Each needs ₹4 of materials, and a banner costs ₹190 once. What total budget is needed (in ₹)?
  10. 10.True or false: “a price board” is a one-time cost. (a) False (b) True
  11. 11.Ananya plans to make 28 friendship bands. Each needs ₹4 of materials, and a banner costs ₹80 once. What total budget is needed (in ₹)?
  12. 12.🔍 Which is the odd one out? (a) a cash box (b) tea leaves and milk (c) lemons (d) seeds and soil
  13. 13.Ishaan plans to make 17 bags of popcorn. Each needs ₹8 of materials, and a banner costs ₹90 once. What total budget is needed (in ₹)?
  14. 14.Which of these is a one-time cost? (a) sugar (b) lemons (c) a folding table (d) paper cups
  15. 15.Aarav has ₹350 to spend on packets of seeds. One packet of seeds costs ₹6. What is the greatest number of packets of seeds Aarav can buy?
  16. 16.Ishaan has a budget of ₹500. The stock costs ₹190 and the stall fee is ₹280. Is the budget enough? (a) No (b) Yes
  17. 17.True or false: “a cash box” is a running cost. (a) True (b) False
  18. 18.🔍 Which is the odd one out? (a) ice (b) paper cups (c) a juicer (d) lemons
  19. 19.True or false: “tea leaves and milk” is a one-time cost. (a) True (b) False
  20. 20.Diya plans to make 13 glasses of chai. Each needs ₹7 of materials, and a banner costs ₹130 once. What total budget is needed (in ₹)?
  21. 21.Arjun has a budget of ₹300. The stock costs ₹80 and the stall fee is ₹190. Is the budget enough? (a) Yes (b) No
  22. 22.Dev’s stall budget is ₹360. Pots cost ₹110, seeds cost ₹20 and card paper cost ₹110. How many rupees of the budget are left?
  23. 23.Ananya has a budget of ₹700. The stock costs ₹170 and the stall fee is ₹500. Is the budget enough? (a) Yes (b) No
  24. 24.Ishaan’s stall budget is ₹720. Seeds cost ₹190, sugar cost ₹80 and ribbon cost ₹150. How many rupees of the budget are left?
  25. 25.Lakshmi’s stall budget is ₹380. Pots cost ₹230, napkins cost ₹30 and lemons cost ₹50. How many rupees of the budget are left?
  26. 26.Riya has ₹300 to spend on sheets of card paper. One sheet of card paper costs ₹10. What is the greatest number of sheets of card paper Riya can buy?
  27. 27.Which of these is a running cost? (a) a price board (b) seeds and soil (c) a cloth banner (d) a folding table
  28. 28.Gurpreet’s stall budget is ₹740. A price board cost ₹280, ribbon cost ₹120 and sugar cost ₹130. How many rupees of the budget are left?
  29. 29.Kabir has ₹420 to spend on packets of seeds. One packet of seeds costs ₹15. What is the greatest number of packets of seeds Kabir can buy?
  30. 30.Meera’s stall budget is ₹680. Napkins cost ₹110, a price board cost ₹120 and a banner cost ₹280. How many rupees of the budget are left?
  31. 31.True or false: “a cloth banner” is a one-time cost. (a) True (b) False
  32. 32.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  33. 33.Kavya plans to make 35 glasses of chai. Each needs ₹9 of materials, and a banner costs ₹290 once. What total budget is needed (in ₹)?
  34. 34.📒 One-time cost or running cost: ice? (a) a one-time cost (b) a running cost
  35. 35.Farhan has a budget of ₹300. The stock costs ₹150 and the stall fee is ₹110. Is the budget enough? (a) No (b) Yes
  36. 36.Aarav has ₹230 to spend on lemons. One lemon costs ₹15. What is the greatest number of lemons Aarav can buy?
  37. 37.🔍 Which is the odd one out? (a) a price board (b) a juicer (c) paper cups (d) a cloth banner
  38. 38.Which of these is a running cost? (a) a cloth banner (b) a folding table (c) tea leaves and milk (d) a juicer
  39. 39.Zoya’s stall budget is ₹780. Ribbon cost ₹230, a banner cost ₹260 and seeds cost ₹120. How many rupees of the budget are left?
  40. 40.Diya’s stall budget is ₹690. Napkins cost ₹90, sugar cost ₹80 and card paper cost ₹270. How many rupees of the budget are left?

Answer key

  1. a running cost
  2. False
  3. Yes
  4. a folding table
  5. No
  6. No
  7. a one-time cost
  8. False
  9. 330
  10. True
  11. 192
  12. a cash box
  13. 226
  14. a folding table
  15. 58
  16. Yes
  17. False
  18. a juicer
  19. False
  20. 221
  21. Yes
  22. 120
  23. Yes
  24. 300
  25. 70
  26. 30
  27. seeds and soil
  28. 210
  29. 28
  30. 170
  31. True
  32. a one-time cost
  33. 605
  34. a running cost
  35. Yes
  36. 15
  37. paper cups
  38. tea leaves and milk
  39. 170
  40. 250

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