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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 654 · 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.Nisha has a budget of ₹900. The stock costs ₹150 and the stall fee is ₹750. Is the budget enough? (a) No (b) Yes
  2. 2.Ishaan plans to make 45 glasses of chai. Each needs ₹7 of materials, and a banner costs ₹80 once. What total budget is needed (in ₹)?
  3. 3.Diya plans to make 14 handmade cards. Each needs ₹6 of materials, and a banner costs ₹240 once. What total budget is needed (in ₹)?
  4. 4.True or false: “a cloth banner” is a one-time cost. (a) True (b) False
  5. 5.Which of these is a running cost? (a) a cloth banner (b) a juicer (c) a cash box (d) paper cups
  6. 6.Lakshmi’s stall budget is ₹750. Card paper cost ₹290, a banner cost ₹70 and paper cups cost ₹250. How many rupees of the budget are left?
  7. 7.🔍 Which is the odd one out? (a) paper cups (b) a juicer (c) a price board (d) a folding table
  8. 8.Kabir has a budget of ₹400. The stock costs ₹80 and the stall fee is ₹330. Is the budget enough? (a) No (b) Yes
  9. 9.📒 One-time cost or running cost: sugar? (a) a running cost (b) a one-time cost
  10. 10.Saanvi’s stall budget is ₹740. Lemons cost ₹140, napkins cost ₹300 and paper cups cost ₹210. How many rupees of the budget are left?
  11. 11.Zoya plans to make 38 cupcakes. Each needs ₹4 of materials, and a banner costs ₹260 once. What total budget is needed (in ₹)?
  12. 12.🔍 Which is the odd one out? (a) a cloth banner (b) a cooler box (c) a price board (d) tea leaves and milk
  13. 13.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  14. 14.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost
  15. 15.Ishaan has ₹120 to spend on lemons. One lemon costs ₹15. What is the greatest number of lemons Ishaan can buy?
  16. 16.True or false: “lemons” is a running cost. (a) True (b) False
  17. 17.True or false: “seeds and soil” is a running cost. (a) False (b) True
  18. 18.Which of these is a one-time cost? (a) lemons (b) paper cups (c) card paper (d) a price board
  19. 19.🔍 Which is the odd one out? (a) a juicer (b) lemons (c) card paper (d) seeds and soil
  20. 20.Rohan has a budget of ₹500. The stock costs ₹70 and the stall fee is ₹480. Is the budget enough? (a) Yes (b) No
  21. 21.🔍 Which is the odd one out? (a) paper cups (b) a folding table (c) lemons (d) sugar
  22. 22.Nisha has a budget of ₹400. The stock costs ₹130 and the stall fee is ₹250. Is the budget enough? (a) No (b) Yes
  23. 23.Kabir has a budget of ₹500. The stock costs ₹70 and the stall fee is ₹380. Is the budget enough? (a) Yes (b) No
  24. 24.Which of these is a one-time cost? (a) lemons (b) paper cups (c) sugar (d) a cloth banner
  25. 25.Tara’s stall budget is ₹530. Ribbon cost ₹250, paper cups cost ₹120 and pots cost ₹80. How many rupees of the budget are left?
  26. 26.Rohan plans to make 24 jute bags. Each needs ₹8 of materials, and a banner costs ₹80 once. What total budget is needed (in ₹)?
  27. 27.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
  28. 28.Which of these is a running cost? (a) a cooler box (b) a price board (c) a juicer (d) lemons
  29. 29.Vihaan has a budget of ₹800. The stock costs ₹140 and the stall fee is ₹660. Is the budget enough? (a) Yes (b) No
  30. 30.Which of these is a one-time cost? (a) a juicer (b) tea leaves and milk (c) paper cups (d) lemons
  31. 31.📒 One-time cost or running cost: seeds and soil? (a) a running cost (b) a one-time cost
  32. 32.True or false: “a juicer” is a running cost. (a) False (b) True
  33. 33.Which of these is a running cost? (a) a juicer (b) a folding table (c) ice (d) a cash box
  34. 34.Dev’s stall budget is ₹840. A banner cost ₹60, napkins cost ₹280 and card paper cost ₹230. How many rupees of the budget are left?
  35. 35.📒 One-time cost or running cost: card paper? (a) a running cost (b) a one-time cost
  36. 36.True or false: “ice” is a one-time cost. (a) False (b) True
  37. 37.🔍 Which is the odd one out? (a) a cloth banner (b) card paper (c) a cooler box (d) a price board
  38. 38.Ishaan has a budget of ₹1000. The stock costs ₹490 and the stall fee is ₹560. Is the budget enough? (a) No (b) Yes
  39. 39.Nisha has a budget of ₹900. The stock costs ₹150 and the stall fee is ₹730. Is the budget enough? (a) No (b) Yes
  40. 40.Which of these is a one-time cost? (a) card paper (b) a cooler box (c) seeds and soil (d) paper cups

Answer key

  1. Yes
  2. 395
  3. 324
  4. True
  5. paper cups
  6. 140
  7. paper cups
  8. No
  9. a running cost
  10. 90
  11. 412
  12. tea leaves and milk
  13. a one-time cost
  14. a one-time cost
  15. 8
  16. True
  17. True
  18. a price board
  19. a juicer
  20. No
  21. a folding table
  22. Yes
  23. Yes
  24. a cloth banner
  25. 80
  26. 272
  27. a one-time cost
  28. lemons
  29. Yes
  30. a juicer
  31. a running cost
  32. False
  33. ice
  34. 270
  35. a running cost
  36. False
  37. card paper
  38. No
  39. Yes
  40. a cooler box

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