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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 76 · 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 of these is a one-time cost? (a) a cash box (b) paper cups (c) sugar (d) tea leaves and milk
  2. 2.Joseph has ₹150 to spend on packets of seeds. One packet of seeds costs ₹5. What is the greatest number of packets of seeds Joseph can buy?
  3. 3.🔍 Which is the odd one out? (a) a cooler box (b) sugar (c) a cloth banner (d) a juicer
  4. 4.Which of these is a running cost? (a) ice (b) a cash box (c) a folding table (d) a price board
  5. 5.🔍 Which is the odd one out? (a) a cash box (b) paper cups (c) a price board (d) a juicer
  6. 6.Joseph has a budget of ₹1000. The stock costs ₹200 and the stall fee is ₹830. Is the budget enough? (a) No (b) Yes
  7. 7.Which of these is a one-time cost? (a) a cloth banner (b) paper cups (c) lemons (d) ice
  8. 8.Which of these is a one-time cost? (a) lemons (b) tea leaves and milk (c) ice (d) a price board
  9. 9.True or false: “seeds and soil” is a running cost. (a) False (b) True
  10. 10.Saanvi’s stall budget is ₹790. Lemons cost ₹180, sugar cost ₹120 and napkins cost ₹300. How many rupees of the budget are left?
  11. 11.Lakshmi has a budget of ₹500. The stock costs ₹230 and the stall fee is ₹240. Is the budget enough? (a) No (b) Yes
  12. 12.Gurpreet has ₹340 to spend on sheets of card paper. One sheet of card paper costs ₹8. What is the greatest number of sheets of card paper Gurpreet can buy?
  13. 13.Ananya has a budget of ₹500. The stock costs ₹80 and the stall fee is ₹420. Is the budget enough? (a) Yes (b) No
  14. 14.True or false: “a cloth banner” is a running cost. (a) True (b) False
  15. 15.🔍 Which is the odd one out? (a) ice (b) a cash box (c) a juicer (d) a cooler box
  16. 16.📒 One-time cost or running cost: sugar? (a) a running cost (b) a one-time cost
  17. 17.Kavya plans to make 20 clay diyas. Each needs ₹7 of materials, and a banner costs ₹130 once. What total budget is needed (in ₹)?
  18. 18.True or false: “a juicer” is a running cost. (a) True (b) False
  19. 19.🔍 Which is the odd one out? (a) a cash box (b) seeds and soil (c) sugar (d) ice
  20. 20.📒 One-time cost or running cost: ice? (a) a one-time cost (b) a running cost
  21. 21.Arjun’s stall budget is ₹630. Lemons cost ₹130, ribbon cost ₹220 and paper cups cost ₹120. How many rupees of the budget are left?
  22. 22.Meera plans to make 33 painted pebbles. Each needs ₹5 of materials, and a banner costs ₹230 once. What total budget is needed (in ₹)?
  23. 23.📒 One-time cost or running cost: a cash box? (a) a one-time cost (b) a running cost
  24. 24.True or false: “tea leaves and milk” is a running cost. (a) True (b) False
  25. 25.Arjun has a budget of ₹400. The stock costs ₹160 and the stall fee is ₹240. Is the budget enough? (a) No (b) Yes
  26. 26.Saanvi’s stall budget is ₹730. Paper cups cost ₹200, card paper cost ₹180 and lemons cost ₹100. How many rupees of the budget are left?
  27. 27.Ananya plans to make 43 fruit cups. Each needs ₹8 of materials, and a banner costs ₹250 once. What total budget is needed (in ₹)?
  28. 28.Aarav plans to make 13 clay diyas. Each needs ₹10 of materials, and a banner costs ₹260 once. What total budget is needed (in ₹)?
  29. 29.Which of these is a running cost? (a) a cooler box (b) a cloth banner (c) card paper (d) a juicer
  30. 30.Joseph plans to make 28 cupcakes. Each needs ₹3 of materials, and a banner costs ₹140 once. What total budget is needed (in ₹)?
  31. 31.Ananya has a budget of ₹300. The stock costs ₹50 and the stall fee is ₹230. Is the budget enough? (a) Yes (b) No
  32. 32.True or false: “tea leaves and milk” is a one-time cost. (a) False (b) True
  33. 33.Saanvi’s stall budget is ₹1120. Pots cost ₹240, card paper cost ₹300 and napkins cost ₹290. How many rupees of the budget are left?
  34. 34.🔍 Which is the odd one out? (a) a price board (b) seeds and soil (c) a cooler box (d) a folding table
  35. 35.Which of these is a running cost? (a) a cloth banner (b) a folding table (c) a cooler box (d) lemons
  36. 36.Lakshmi has a budget of ₹600. The stock costs ₹200 and the stall fee is ₹400. Is the budget enough? (a) Yes (b) No
  37. 37.True or false: “a folding table” is a one-time cost. (a) False (b) True
  38. 38.🔍 Which is the odd one out? (a) a cooler box (b) sugar (c) card paper (d) seeds and soil
  39. 39.Saanvi’s stall budget is ₹650. Sugar cost ₹40, a banner cost ₹30 and lemons cost ₹290. How many rupees of the budget are left?
  40. 40.Diya plans to make 24 jute bags. Each needs ₹7 of materials, and a banner costs ₹130 once. What total budget is needed (in ₹)?

Answer key

  1. a cash box
  2. 30
  3. sugar
  4. ice
  5. paper cups
  6. No
  7. a cloth banner
  8. a price board
  9. True
  10. 190
  11. Yes
  12. 42
  13. Yes
  14. False
  15. ice
  16. a running cost
  17. 270
  18. False
  19. a cash box
  20. a running cost
  21. 160
  22. 395
  23. a one-time cost
  24. True
  25. Yes
  26. 250
  27. 594
  28. 390
  29. card paper
  30. 224
  31. Yes
  32. False
  33. 290
  34. seeds and soil
  35. lemons
  36. Yes
  37. True
  38. a cooler box
  39. 290
  40. 298

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