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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 75 · 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 price board? (a) a running cost (b) a one-time cost
  2. 2.Aarav has a budget of ₹400. The stock costs ₹100 and the stall fee is ₹310. Is the budget enough? (a) No (b) Yes
  3. 3.True or false: “a cooler box” is a one-time cost. (a) True (b) False
  4. 4.True or false: “a juicer” is a running cost. (a) False (b) True
  5. 5.Riya’s stall budget is ₹940. A price board cost ₹220, ribbon cost ₹200 and lemons cost ₹280. How many rupees of the budget are left?
  6. 6.🔍 Which is the odd one out? (a) sugar (b) a cloth banner (c) lemons (d) tea leaves and milk
  7. 7.Ananya has a budget of ₹600. The stock costs ₹270 and the stall fee is ₹300. Is the budget enough? (a) Yes (b) No
  8. 8.True or false: “tea leaves and milk” is a running cost. (a) False (b) True
  9. 9.True or false: “a cloth banner” is a one-time cost. (a) True (b) False
  10. 10.📒 One-time cost or running cost: ice? (a) a running cost (b) a one-time cost
  11. 11.True or false: “seeds and soil” is a one-time cost. (a) True (b) False
  12. 12.Kabir has a budget of ₹700. The stock costs ₹320 and the stall fee is ₹430. Is the budget enough? (a) Yes (b) No
  13. 13.True or false: “sugar” is a one-time cost. (a) True (b) False
  14. 14.Arjun has ₹300 to spend on lemons. One lemon costs ₹12. What is the greatest number of lemons Arjun can buy?
  15. 15.Nisha plans to make 45 bags of popcorn. Each needs ₹5 of materials, and a banner costs ₹180 once. What total budget is needed (in ₹)?
  16. 16.📒 One-time cost or running cost: a cash box? (a) a one-time cost (b) a running cost
  17. 17.🔍 Which is the odd one out? (a) seeds and soil (b) a juicer (c) a cloth banner (d) a cooler box
  18. 18.Tara’s stall budget is ₹790. Seeds cost ₹300, a banner cost ₹170 and ribbon cost ₹240. How many rupees of the budget are left?
  19. 19.True or false: “a folding table” is a one-time cost. (a) True (b) False
  20. 20.True or false: “card paper” is a one-time cost. (a) True (b) False
  21. 21.Gurpreet has ₹50 to spend on packets of seeds. One packet of seeds costs ₹12. What is the greatest number of packets of seeds Gurpreet can buy?
  22. 22.🔍 Which is the odd one out? (a) lemons (b) a cooler box (c) paper cups (d) tea leaves and milk
  23. 23.True or false: “a cooler box” is a running cost. (a) True (b) False
  24. 24.Ananya has a budget of ₹700. The stock costs ₹120 and the stall fee is ₹630. Is the budget enough? (a) Yes (b) No
  25. 25.Meera has a budget of ₹600. The stock costs ₹110 and the stall fee is ₹460. Is the budget enough? (a) Yes (b) No
  26. 26.Ananya plans to make 15 cupcakes. Each needs ₹7 of materials, and a banner costs ₹210 once. What total budget is needed (in ₹)?
  27. 27.🔍 Which is the odd one out? (a) a price board (b) paper cups (c) sugar (d) ice
  28. 28.Rohan has a budget of ₹600. The stock costs ₹260 and the stall fee is ₹290. Is the budget enough? (a) No (b) Yes
  29. 29.Which of these is a running cost? (a) lemons (b) a price board (c) a cooler box (d) a folding table
  30. 30.Ishaan has a budget of ₹800. The stock costs ₹320 and the stall fee is ₹500. Is the budget enough? (a) Yes (b) No
  31. 31.Zoya plans to make 24 clay diyas. Each needs ₹3 of materials, and a banner costs ₹140 once. What total budget is needed (in ₹)?
  32. 32.Which of these is a one-time cost? (a) card paper (b) ice (c) a cloth banner (d) seeds and soil
  33. 33.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
  34. 34.True or false: “ice” is a running cost. (a) True (b) False
  35. 35.Rohan’s stall budget is ₹510. Lemons cost ₹50, a banner cost ₹40 and a price board cost ₹170. How many rupees of the budget are left?
  36. 36.Kavya plans to make 29 cups of lemonade. Each needs ₹2 of materials, and a banner costs ₹110 once. What total budget is needed (in ₹)?
  37. 37.Arjun’s stall budget is ₹340. A price board cost ₹130, paper cups cost ₹30 and napkins cost ₹40. How many rupees of the budget are left?
  38. 38.True or false: “sugar” is a running cost. (a) True (b) False
  39. 39.Tara plans to make 10 cupcakes. Each needs ₹3 of materials, and a banner costs ₹280 once. What total budget is needed (in ₹)?
  40. 40.📒 One-time cost or running cost: sugar? (a) a running cost (b) a one-time cost

Answer key

  1. a one-time cost
  2. No
  3. True
  4. False
  5. 240
  6. a cloth banner
  7. Yes
  8. True
  9. True
  10. a running cost
  11. False
  12. No
  13. False
  14. 25
  15. 405
  16. a one-time cost
  17. seeds and soil
  18. 80
  19. True
  20. False
  21. 4
  22. a cooler box
  23. False
  24. No
  25. Yes
  26. 315
  27. a price board
  28. Yes
  29. lemons
  30. No
  31. 212
  32. a cloth banner
  33. a one-time cost
  34. True
  35. 250
  36. 168
  37. 140
  38. True
  39. 310
  40. a running cost

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