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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 620 · 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: “tea leaves and milk” is a one-time cost. (a) True (b) False
  2. 2.🔍 Which is the odd one out? (a) a cloth banner (b) a cash box (c) a price board (d) sugar
  3. 3.Dev’s stall budget is ₹960. Card paper cost ₹290, sugar cost ₹220 and lemons cost ₹220. How many rupees of the budget are left?
  4. 4.Which of these is a running cost? (a) a juicer (b) sugar (c) a cash box (d) a cooler box
  5. 5.True or false: “lemons” is a one-time cost. (a) True (b) False
  6. 6.Which of these is a one-time cost? (a) a cash box (b) tea leaves and milk (c) lemons (d) sugar
  7. 7.Arjun has a budget of ₹400. The stock costs ₹130 and the stall fee is ₹260. Is the budget enough? (a) Yes (b) No
  8. 8.Which of these is a one-time cost? (a) a cloth banner (b) ice (c) tea leaves and milk (d) sugar
  9. 9.Farhan’s stall budget is ₹520. A price board cost ₹160, a banner cost ₹40 and card paper cost ₹170. How many rupees of the budget are left?
  10. 10.Aarav has a budget of ₹900. The stock costs ₹450 and the stall fee is ₹450. Is the budget enough? (a) Yes (b) No
  11. 11.True or false: “seeds and soil” is a one-time cost. (a) True (b) False
  12. 12.True or false: “seeds and soil” is a running cost. (a) False (b) True
  13. 13.Meera plans to make 25 glasses of chai. Each needs ₹10 of materials, and a banner costs ₹240 once. What total budget is needed (in ₹)?
  14. 14.Diya’s stall budget is ₹570. Card paper cost ₹220, napkins cost ₹80 and pots cost ₹140. How many rupees of the budget are left?
  15. 15.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost
  16. 16.True or false: “a cooler box” is a one-time cost. (a) False (b) True
  17. 17.🔍 Which is the odd one out? (a) sugar (b) lemons (c) a cloth banner (d) card paper
  18. 18.Dev has ₹450 to spend on packs of cups. One pack of cups costs ₹12. What is the greatest number of packs of cups Dev can buy?
  19. 19.🔍 Which is the odd one out? (a) a cooler box (b) a cash box (c) seeds and soil (d) a price board
  20. 20.🔍 Which is the odd one out? (a) ice (b) card paper (c) tea leaves and milk (d) a folding table
  21. 21.Meera plans to make 20 glasses of chai. Each needs ₹2 of materials, and a banner costs ₹290 once. What total budget is needed (in ₹)?
  22. 22.🔍 Which is the odd one out? (a) sugar (b) card paper (c) a cash box (d) tea leaves and milk
  23. 23.True or false: “tea leaves and milk” is a running cost. (a) False (b) True
  24. 24.🔍 Which is the odd one out? (a) paper cups (b) lemons (c) a price board (d) card paper
  25. 25.Which of these is a running cost? (a) ice (b) a cooler box (c) a cash box (d) a juicer
  26. 26.📒 One-time cost or running cost: sugar? (a) a one-time cost (b) a running cost
  27. 27.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  28. 28.Nisha has a budget of ₹800. The stock costs ₹340 and the stall fee is ₹500. Is the budget enough? (a) No (b) Yes
  29. 29.Gurpreet plans to make 36 handmade cards. Each needs ₹7 of materials, and a banner costs ₹60 once. What total budget is needed (in ₹)?
  30. 30.Gurpreet plans to make 47 jute bags. Each needs ₹3 of materials, and a banner costs ₹170 once. What total budget is needed (in ₹)?
  31. 31.Kabir has ₹210 to spend on packs of cups. One pack of cups costs ₹10. What is the greatest number of packs of cups Kabir can buy?
  32. 32.Which of these is a one-time cost? (a) paper cups (b) a juicer (c) lemons (d) card paper
  33. 33.Gurpreet plans to make 16 friendship bands. Each needs ₹8 of materials, and a banner costs ₹300 once. What total budget is needed (in ₹)?
  34. 34.True or false: “paper cups” is a running cost. (a) True (b) False
  35. 35.True or false: “a cash box” is a running cost. (a) False (b) True
  36. 36.Tara plans to make 24 jute bags. Each needs ₹3 of materials, and a banner costs ₹140 once. What total budget is needed (in ₹)?
  37. 37.🔍 Which is the odd one out? (a) a juicer (b) a folding table (c) card paper (d) a price board
  38. 38.📒 One-time cost or running cost: ice? (a) a one-time cost (b) a running cost
  39. 39.Ananya’s stall budget is ₹590. Ribbon cost ₹170, paper cups cost ₹140 and card paper cost ₹20. How many rupees of the budget are left?
  40. 40.🔍 Which is the odd one out? (a) lemons (b) card paper (c) a juicer (d) paper cups

Answer key

  1. False
  2. sugar
  3. 230
  4. sugar
  5. False
  6. a cash box
  7. Yes
  8. a cloth banner
  9. 150
  10. Yes
  11. False
  12. True
  13. 490
  14. 130
  15. a one-time cost
  16. True
  17. a cloth banner
  18. 37
  19. seeds and soil
  20. a folding table
  21. 330
  22. a cash box
  23. True
  24. a price board
  25. ice
  26. a running cost
  27. a one-time cost
  28. No
  29. 312
  30. 311
  31. 21
  32. a juicer
  33. 428
  34. True
  35. False
  36. 212
  37. card paper
  38. a running cost
  39. 260
  40. a juicer

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