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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 614 · 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: “lemons” is a running cost. (a) True (b) False
  2. 2.True or false: “a cooler box” is a one-time cost. (a) True (b) False
  3. 3.Meera plans to make 14 handmade cards. Each needs ₹2 of materials, and a banner costs ₹50 once. What total budget is needed (in ₹)?
  4. 4.Saanvi has a budget of ₹1000. The stock costs ₹380 and the stall fee is ₹620. Is the budget enough? (a) No (b) Yes
  5. 5.Vihaan has a budget of ₹900. The stock costs ₹120 and the stall fee is ₹730. Is the budget enough? (a) No (b) Yes
  6. 6.🔍 Which is the odd one out? (a) paper cups (b) a juicer (c) a cloth banner (d) a cooler box
  7. 7.True or false: “lemons” is a one-time cost. (a) False (b) True
  8. 8.True or false: “a cash box” is a running cost. (a) False (b) True
  9. 9.🔍 Which is the odd one out? (a) tea leaves and milk (b) seeds and soil (c) a cooler box (d) lemons
  10. 10.True or false: “paper cups” is a one-time cost. (a) False (b) True
  11. 11.Which of these is a one-time cost? (a) a cash box (b) tea leaves and milk (c) ice (d) card paper
  12. 12.Which of these is a running cost? (a) a cash box (b) a juicer (c) paper cups (d) a folding table
  13. 13.📒 One-time cost or running cost: a cash box? (a) a one-time cost (b) a running cost
  14. 14.📒 One-time cost or running cost: card paper? (a) a one-time cost (b) a running cost
  15. 15.📒 One-time cost or running cost: tea leaves and milk? (a) a running cost (b) a one-time cost
  16. 16.True or false: “a cloth banner” is a running cost. (a) False (b) True
  17. 17.📒 One-time cost or running cost: lemons? (a) a one-time cost (b) a running cost
  18. 18.Tara’s stall budget is ₹690. Paper cups cost ₹260, a price board cost ₹80 and card paper cost ₹120. How many rupees of the budget are left?
  19. 19.True or false: “card paper” is a running cost. (a) False (b) True
  20. 20.Diya’s stall budget is ₹780. Seeds cost ₹230, card paper cost ₹20 and napkins cost ₹280. How many rupees of the budget are left?
  21. 21.Nisha has ₹500 to spend on sheets of card paper. One sheet of card paper costs ₹10. What is the greatest number of sheets of card paper Nisha can buy?
  22. 22.Nisha has a budget of ₹800. The stock costs ₹350 and the stall fee is ₹400. Is the budget enough? (a) No (b) Yes
  23. 23.Meera has ₹450 to spend on packets of seeds. One packet of seeds costs ₹5. What is the greatest number of packets of seeds Meera can buy?
  24. 24.True or false: “a cooler box” is a running cost. (a) False (b) True
  25. 25.Joseph plans to make 10 bags of popcorn. Each needs ₹7 of materials, and a banner costs ₹70 once. What total budget is needed (in ₹)?
  26. 26.True or false: “a folding table” is a one-time cost. (a) True (b) False
  27. 27.Which of these is a running cost? (a) a price board (b) lemons (c) a cloth banner (d) a cash box
  28. 28.True or false: “a cloth banner” is a one-time cost. (a) True (b) False
  29. 29.True or false: “a price board” is a one-time cost. (a) False (b) True
  30. 30.Which of these is a running cost? (a) a folding table (b) ice (c) a cooler box (d) a price board
  31. 31.Which of these is a one-time cost? (a) lemons (b) tea leaves and milk (c) sugar (d) a folding table
  32. 32.🔍 Which is the odd one out? (a) card paper (b) paper cups (c) a cloth banner (d) lemons
  33. 33.Saanvi plans to make 34 painted pebbles. Each needs ₹10 of materials, and a banner costs ₹270 once. What total budget is needed (in ₹)?
  34. 34.Rohan’s stall budget is ₹560. A banner cost ₹20, card paper cost ₹100 and ribbon cost ₹300. How many rupees of the budget are left?
  35. 35.Nisha’s stall budget is ₹700. Sugar cost ₹240, seeds cost ₹250 and a price board cost ₹140. How many rupees of the budget are left?
  36. 36.Arjun plans to make 27 cups of lemonade. Each needs ₹3 of materials, and a banner costs ₹240 once. What total budget is needed (in ₹)?
  37. 37.True or false: “sugar” is a one-time cost. (a) False (b) True
  38. 38.Diya has a budget of ₹900. The stock costs ₹90 and the stall fee is ₹850. Is the budget enough? (a) No (b) Yes
  39. 39.🔍 Which is the odd one out? (a) ice (b) lemons (c) seeds and soil (d) a price board
  40. 40.Diya plans to make 32 fruit cups. Each needs ₹9 of materials, and a banner costs ₹160 once. What total budget is needed (in ₹)?

Answer key

  1. True
  2. True
  3. 78
  4. Yes
  5. Yes
  6. paper cups
  7. False
  8. False
  9. a cooler box
  10. False
  11. a cash box
  12. paper cups
  13. a one-time cost
  14. a running cost
  15. a running cost
  16. False
  17. a running cost
  18. 230
  19. True
  20. 250
  21. 50
  22. Yes
  23. 90
  24. False
  25. 140
  26. True
  27. lemons
  28. True
  29. True
  30. ice
  31. a folding table
  32. a cloth banner
  33. 610
  34. 140
  35. 70
  36. 321
  37. False
  38. No
  39. a price board
  40. 448

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