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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 625 · 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: a cash box? (a) a one-time cost (b) a running cost
  2. 2.📒 One-time cost or running cost: tea leaves and milk? (a) a running cost (b) a one-time cost
  3. 3.🔍 Which is the odd one out? (a) a cooler box (b) a cash box (c) tea leaves and milk (d) a juicer
  4. 4.True or false: “paper cups” is a one-time cost. (a) True (b) False
  5. 5.True or false: “card paper” is a running cost. (a) False (b) True
  6. 6.True or false: “sugar” is a running cost. (a) False (b) True
  7. 7.Diya has a budget of ₹1000. The stock costs ₹370 and the stall fee is ₹590. Is the budget enough? (a) Yes (b) No
  8. 8.True or false: “a juicer” is a one-time cost. (a) False (b) True
  9. 9.Zoya plans to make 27 paper bookmarks. Each needs ₹8 of materials, and a banner costs ₹110 once. What total budget is needed (in ₹)?
  10. 10.Which of these is a one-time cost? (a) seeds and soil (b) sugar (c) lemons (d) a folding table
  11. 11.📒 One-time cost or running cost: seeds and soil? (a) a running cost (b) a one-time cost
  12. 12.Kabir plans to make 24 handmade cards. Each needs ₹8 of materials, and a banner costs ₹80 once. What total budget is needed (in ₹)?
  13. 13.Which of these is a running cost? (a) a cash box (b) a juicer (c) paper cups (d) a cloth banner
  14. 14.Farhan plans to make 20 glasses of chai. Each needs ₹2 of materials, and a banner costs ₹90 once. What total budget is needed (in ₹)?
  15. 15.Riya’s stall budget is ₹560. A banner cost ₹180, pots cost ₹140 and a price board cost ₹200. How many rupees of the budget are left?
  16. 16.Diya’s stall budget is ₹390. Card paper cost ₹30, ribbon cost ₹90 and pots cost ₹160. How many rupees of the budget are left?
  17. 17.🔍 Which is the odd one out? (a) lemons (b) a cloth banner (c) seeds and soil (d) ice
  18. 18.True or false: “lemons” is a running cost. (a) True (b) False
  19. 19.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost
  20. 20.Which of these is a one-time cost? (a) sugar (b) a price board (c) lemons (d) tea leaves and milk
  21. 21.Tara has a budget of ₹800. The stock costs ₹300 and the stall fee is ₹450. Is the budget enough? (a) No (b) Yes
  22. 22.📒 One-time cost or running cost: sugar? (a) a one-time cost (b) a running cost
  23. 23.Kabir has a budget of ₹300. The stock costs ₹70 and the stall fee is ₹220. Is the budget enough? (a) Yes (b) No
  24. 24.True or false: “a cash box” is a one-time cost. (a) False (b) True
  25. 25.True or false: “a folding table” is a running cost. (a) False (b) True
  26. 26.🔍 Which is the odd one out? (a) a folding table (b) a juicer (c) a cooler box (d) sugar
  27. 27.Arjun has a budget of ₹700. The stock costs ₹310 and the stall fee is ₹420. Is the budget enough? (a) Yes (b) No
  28. 28.Tara plans to make 14 friendship bands. Each needs ₹2 of materials, and a banner costs ₹120 once. What total budget is needed (in ₹)?
  29. 29.Lakshmi’s stall budget is ₹670. A banner cost ₹280, paper cups cost ₹240 and a price board cost ₹100. How many rupees of the budget are left?
  30. 30.Nisha plans to make 21 fruit cups. Each needs ₹5 of materials, and a banner costs ₹280 once. What total budget is needed (in ₹)?
  31. 31.True or false: “tea leaves and milk” is a one-time cost. (a) True (b) False
  32. 32.🔍 Which is the odd one out? (a) a folding table (b) a cash box (c) paper cups (d) a cooler box
  33. 33.🔍 Which is the odd one out? (a) a cloth banner (b) ice (c) a cash box (d) a cooler box
  34. 34.Zoya’s stall budget is ₹540. Napkins cost ₹180, pots cost ₹70 and lemons cost ₹130. How many rupees of the budget are left?
  35. 35.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  36. 36.🔍 Which is the odd one out? (a) card paper (b) a juicer (c) a folding table (d) a cash box
  37. 37.Riya’s stall budget is ₹580. A price board cost ₹60, a banner cost ₹160 and ribbon cost ₹70. How many rupees of the budget are left?
  38. 38.True or false: “sugar” is a one-time cost. (a) False (b) True
  39. 39.True or false: “a cooler box” is a one-time cost. (a) False (b) True
  40. 40.Aarav has a budget of ₹500. The stock costs ₹100 and the stall fee is ₹420. Is the budget enough? (a) Yes (b) No

Answer key

  1. a one-time cost
  2. a running cost
  3. tea leaves and milk
  4. False
  5. True
  6. True
  7. Yes
  8. True
  9. 326
  10. a folding table
  11. a running cost
  12. 272
  13. paper cups
  14. 130
  15. 40
  16. 110
  17. a cloth banner
  18. True
  19. a one-time cost
  20. a price board
  21. Yes
  22. a running cost
  23. Yes
  24. True
  25. False
  26. sugar
  27. No
  28. 148
  29. 50
  30. 385
  31. False
  32. paper cups
  33. ice
  34. 160
  35. a one-time cost
  36. card paper
  37. 290
  38. False
  39. True
  40. No

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