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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 666 · 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 is the odd one out? (a) a cloth banner (b) a cooler box (c) ice (d) a cash box
  2. 2.True or false: “sugar” is a one-time cost. (a) False (b) True
  3. 3.True or false: “seeds and soil” is a one-time cost. (a) True (b) False
  4. 4.Diya plans to make 10 paper bookmarks. Each needs ₹6 of materials, and a banner costs ₹180 once. What total budget is needed (in ₹)?
  5. 5.Kavya plans to make 15 paper bookmarks. Each needs ₹7 of materials, and a banner costs ₹80 once. What total budget is needed (in ₹)?
  6. 6.True or false: “a folding table” is a running cost. (a) False (b) True
  7. 7.Which of these is a running cost? (a) a cooler box (b) a cloth banner (c) lemons (d) a cash box
  8. 8.Which of these is a one-time cost? (a) ice (b) a price board (c) tea leaves and milk (d) seeds and soil
  9. 9.True or false: “paper cups” is a running cost. (a) False (b) True
  10. 10.Which of these is a running cost? (a) a juicer (b) ice (c) a folding table (d) a cloth banner
  11. 11.Ishaan’s stall budget is ₹510. A price board cost ₹70, a banner cost ₹200 and napkins cost ₹90. How many rupees of the budget are left?
  12. 12.Ananya has ₹500 to spend on packets of seeds. One packet of seeds costs ₹15. What is the greatest number of packets of seeds Ananya can buy?
  13. 13.Which of these is a running cost? (a) a folding table (b) a cooler box (c) seeds and soil (d) a cloth banner
  14. 14.Tara has a budget of ₹500. The stock costs ₹50 and the stall fee is ₹450. Is the budget enough? (a) No (b) Yes
  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: “tea leaves and milk” is a running cost. (a) True (b) False
  17. 17.Aarav plans to make 34 painted pebbles. Each needs ₹8 of materials, and a banner costs ₹120 once. What total budget is needed (in ₹)?
  18. 18.📒 One-time cost or running cost: ice? (a) a running cost (b) a one-time cost
  19. 19.True or false: “a cash box” is a running cost. (a) False (b) True
  20. 20.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  21. 21.True or false: “a juicer” is a one-time cost. (a) True (b) False
  22. 22.🔍 Which is the odd one out? (a) sugar (b) seeds and soil (c) a cooler box (d) paper cups
  23. 23.📒 One-time cost or running cost: tea leaves and milk? (a) a running cost (b) a one-time cost
  24. 24.Rohan has a budget of ₹400. The stock costs ₹140 and the stall fee is ₹250. Is the budget enough? (a) Yes (b) No
  25. 25.Gurpreet’s stall budget is ₹690. Ribbon cost ₹230, sugar cost ₹60 and napkins cost ₹130. How many rupees of the budget are left?
  26. 26.True or false: “a cloth banner” is a one-time cost. (a) True (b) False
  27. 27.Which of these is a one-time cost? (a) paper cups (b) a juicer (c) tea leaves and milk (d) lemons
  28. 28.🔍 Which is the odd one out? (a) card paper (b) a price board (c) a cooler box (d) a cash box
  29. 29.Which of these is a running cost? (a) paper cups (b) a price board (c) a cloth banner (d) a juicer
  30. 30.Kabir has a budget of ₹600. The stock costs ₹190 and the stall fee is ₹430. Is the budget enough? (a) Yes (b) No
  31. 31.📒 One-time cost or running cost: seeds and soil? (a) a one-time cost (b) a running cost
  32. 32.True or false: “ice” is a running cost. (a) False (b) True
  33. 33.Tara has a budget of ₹400. The stock costs ₹120 and the stall fee is ₹290. Is the budget enough? (a) Yes (b) No
  34. 34.True or false: “sugar” is a running cost. (a) True (b) False
  35. 35.Saanvi’s stall budget is ₹340. Sugar cost ₹130, pots cost ₹80 and a banner cost ₹90. How many rupees of the budget are left?
  36. 36.📒 One-time cost or running cost: lemons? (a) a one-time cost (b) a running cost
  37. 37.Dev plans to make 42 cups of lemonade. Each needs ₹9 of materials, and a banner costs ₹300 once. What total budget is needed (in ₹)?
  38. 38.🔍 Which is the odd one out? (a) a cloth banner (b) paper cups (c) sugar (d) card paper
  39. 39.Which of these is a one-time cost? (a) a cash box (b) ice (c) sugar (d) paper cups
  40. 40.Rohan’s stall budget is ₹420. Card paper cost ₹280, pots cost ₹70 and a banner cost ₹20. How many rupees of the budget are left?

Answer key

  1. ice
  2. False
  3. False
  4. 240
  5. 185
  6. False
  7. lemons
  8. a price board
  9. True
  10. ice
  11. 150
  12. 33
  13. seeds and soil
  14. Yes
  15. a one-time cost
  16. True
  17. 392
  18. a running cost
  19. False
  20. a one-time cost
  21. True
  22. a cooler box
  23. a running cost
  24. Yes
  25. 270
  26. True
  27. a juicer
  28. card paper
  29. paper cups
  30. No
  31. a running cost
  32. True
  33. No
  34. True
  35. 40
  36. a running cost
  37. 678
  38. a cloth banner
  39. a cash box
  40. 50

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