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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 603 · 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) sugar (b) card paper (c) a cash box (d) tea leaves and milk
  2. 2.Nisha has a budget of ₹800. The stock costs ₹90 and the stall fee is ₹760. Is the budget enough? (a) Yes (b) No
  3. 3.Aarav’s stall budget is ₹520. Sugar cost ₹30, seeds cost ₹90 and lemons cost ₹290. How many rupees of the budget are left?
  4. 4.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost
  5. 5.True or false: “ice” is a one-time cost. (a) False (b) True
  6. 6.True or false: “a price board” is a one-time cost. (a) False (b) True
  7. 7.Zoya has a budget of ₹800. The stock costs ₹200 and the stall fee is ₹610. Is the budget enough? (a) Yes (b) No
  8. 8.Which of these is a running cost? (a) a folding table (b) a price board (c) lemons (d) a cash box
  9. 9.Ishaan plans to make 30 fruit cups. Each needs ₹7 of materials, and a banner costs ₹140 once. What total budget is needed (in ₹)?
  10. 10.Zoya has ₹350 to spend on packs of cups. One pack of cups costs ₹15. What is the greatest number of packs of cups Zoya can buy?
  11. 11.Kabir plans to make 19 clay diyas. Each needs ₹4 of materials, and a banner costs ₹130 once. What total budget is needed (in ₹)?
  12. 12.Kavya has ₹230 to spend on packets of seeds. One packet of seeds costs ₹8. What is the greatest number of packets of seeds Kavya can buy?
  13. 13.True or false: “lemons” is a running cost. (a) False (b) True
  14. 14.True or false: “a cooler box” is a running cost. (a) True (b) False
  15. 15.📒 One-time cost or running cost: tea leaves and milk? (a) a running cost (b) a one-time cost
  16. 16.🔍 Which is the odd one out? (a) a price board (b) a cloth banner (c) a cooler box (d) sugar
  17. 17.Lakshmi has a budget of ₹800. The stock costs ₹50 and the stall fee is ₹710. Is the budget enough? (a) Yes (b) No
  18. 18.Which of these is a running cost? (a) a cash box (b) a cooler box (c) seeds and soil (d) a cloth banner
  19. 19.True or false: “sugar” is a one-time cost. (a) False (b) True
  20. 20.Kabir has a budget of ₹500. The stock costs ₹140 and the stall fee is ₹410. Is the budget enough? (a) Yes (b) No
  21. 21.Dev has a budget of ₹800. The stock costs ₹230 and the stall fee is ₹600. Is the budget enough? (a) No (b) Yes
  22. 22.Rohan plans to make 18 potted plants. Each needs ₹10 of materials, and a banner costs ₹250 once. What total budget is needed (in ₹)?
  23. 23.Which of these is a running cost? (a) a folding table (b) a cooler box (c) a juicer (d) tea leaves and milk
  24. 24.🔍 Which is the odd one out? (a) seeds and soil (b) a juicer (c) a folding table (d) a price board
  25. 25.Kabir’s stall budget is ₹650. Seeds cost ₹270, lemons cost ₹90 and card paper cost ₹90. How many rupees of the budget are left?
  26. 26.Ishaan plans to make 17 cups of lemonade. Each needs ₹7 of materials, and a banner costs ₹170 once. What total budget is needed (in ₹)?
  27. 27.🔍 Which is the odd one out? (a) sugar (b) paper cups (c) card paper (d) a cooler box
  28. 28.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  29. 29.Zoya’s stall budget is ₹1000. Pots cost ₹220, a banner cost ₹190 and paper cups cost ₹290. How many rupees of the budget are left?
  30. 30.True or false: “a price board” is a running cost. (a) True (b) False
  31. 31.🔍 Which is the odd one out? (a) tea leaves and milk (b) paper cups (c) seeds and soil (d) a cloth banner
  32. 32.🔍 Which is the odd one out? (a) paper cups (b) a folding table (c) tea leaves and milk (d) card paper
  33. 33.Tara plans to make 46 glasses of chai. Each needs ₹5 of materials, and a banner costs ₹70 once. What total budget is needed (in ₹)?
  34. 34.Aarav has a budget of ₹900. The stock costs ₹340 and the stall fee is ₹530. Is the budget enough? (a) No (b) Yes
  35. 35.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost
  36. 36.True or false: “card paper” is a running cost. (a) True (b) False
  37. 37.Kabir’s stall budget is ₹360. Ribbon cost ₹120, seeds cost ₹70 and napkins cost ₹150. How many rupees of the budget are left?
  38. 38.Which of these is a one-time cost? (a) seeds and soil (b) paper cups (c) a cloth banner (d) ice
  39. 39.Aarav’s stall budget is ₹600. Seeds cost ₹170, ribbon cost ₹220 and a price board cost ₹150. How many rupees of the budget are left?
  40. 40.Zoya plans to make 21 friendship bands. Each needs ₹8 of materials, and a banner costs ₹140 once. What total budget is needed (in ₹)?

Answer key

  1. a cash box
  2. No
  3. 110
  4. a one-time cost
  5. False
  6. True
  7. No
  8. lemons
  9. 350
  10. 23
  11. 206
  12. 28
  13. True
  14. False
  15. a running cost
  16. sugar
  17. Yes
  18. seeds and soil
  19. False
  20. No
  21. No
  22. 430
  23. tea leaves and milk
  24. seeds and soil
  25. 200
  26. 289
  27. a cooler box
  28. a one-time cost
  29. 300
  30. False
  31. a cloth banner
  32. a folding table
  33. 300
  34. Yes
  35. a one-time cost
  36. True
  37. 20
  38. a cloth banner
  39. 60
  40. 308

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