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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 773 · 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.Meera’s stall budget is ₹430. Paper cups cost ₹80, ribbon cost ₹20 and a price board cost ₹250. How many rupees of the budget are left?
  2. 2.Ananya has ₹170 to spend on rolls of ribbon. One roll of ribbon costs ₹5. What is the greatest number of rolls of ribbon Ananya can buy?
  3. 3.Riya plans to make 45 cupcakes. Each needs ₹3 of materials, and a banner costs ₹220 once. What total budget is needed (in ₹)?
  4. 4.Which of these is a running cost? (a) ice (b) a cooler box (c) a folding table (d) a cash box
  5. 5.📒 One-time cost or running cost: ice? (a) a running cost (b) a one-time cost
  6. 6.True or false: “a folding table” is a one-time cost. (a) True (b) False
  7. 7.🔍 Which is the odd one out? (a) sugar (b) a cash box (c) card paper (d) lemons
  8. 8.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  9. 9.Kavya plans to make 12 paper bookmarks. Each needs ₹9 of materials, and a banner costs ₹210 once. What total budget is needed (in ₹)?
  10. 10.True or false: “seeds and soil” is a one-time cost. (a) False (b) True
  11. 11.Which of these is a one-time cost? (a) seeds and soil (b) tea leaves and milk (c) lemons (d) a cooler box
  12. 12.Which of these is a running cost? (a) sugar (b) a cash box (c) a cooler box (d) a juicer
  13. 13.Ishaan’s stall budget is ₹520. Napkins cost ₹170, a banner cost ₹190 and a price board cost ₹130. How many rupees of the budget are left?
  14. 14.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  15. 15.🔍 Which is the odd one out? (a) lemons (b) a cloth banner (c) paper cups (d) ice
  16. 16.True or false: “a price board” is a one-time cost. (a) False (b) True
  17. 17.Meera’s stall budget is ₹230. A banner cost ₹40, seeds cost ₹60 and sugar cost ₹40. How many rupees of the budget are left?
  18. 18.Diya has a budget of ₹900. The stock costs ₹360 and the stall fee is ₹520. Is the budget enough? (a) Yes (b) No
  19. 19.Riya has a budget of ₹800. The stock costs ₹250 and the stall fee is ₹540. Is the budget enough? (a) Yes (b) No
  20. 20.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  21. 21.🔍 Which is the odd one out? (a) tea leaves and milk (b) a juicer (c) a folding table (d) a price board
  22. 22.Zoya has a budget of ₹600. The stock costs ₹280 and the stall fee is ₹330. Is the budget enough? (a) No (b) Yes
  23. 23.True or false: “lemons” is a one-time cost. (a) True (b) False
  24. 24.True or false: “ice” is a running cost. (a) False (b) True
  25. 25.Which of these is a running cost? (a) a cloth banner (b) a folding table (c) paper cups (d) a price board
  26. 26.Which of these is a running cost? (a) a juicer (b) a price board (c) a cloth banner (d) card paper
  27. 27.Gurpreet’s stall budget is ₹750. A price board cost ₹190, ribbon cost ₹180 and napkins cost ₹300. How many rupees of the budget are left?
  28. 28.Which of these is a one-time cost? (a) paper cups (b) lemons (c) ice (d) a cloth banner
  29. 29.True or false: “tea leaves and milk” is a running cost. (a) False (b) True
  30. 30.Kavya plans to make 34 friendship bands. Each needs ₹6 of materials, and a banner costs ₹110 once. What total budget is needed (in ₹)?
  31. 31.🔍 Which is the odd one out? (a) seeds and soil (b) ice (c) a juicer (d) paper cups
  32. 32.Tara has ₹310 to spend on lemons. One lemon costs ₹20. What is the greatest number of lemons Tara can buy?
  33. 33.Rohan has ₹80 to spend on lemons. One lemon costs ₹8. What is the greatest number of lemons Rohan can buy?
  34. 34.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost
  35. 35.📒 One-time cost or running cost: a price board? (a) a one-time cost (b) a running cost
  36. 36.📒 One-time cost or running cost: paper cups? (a) a running cost (b) a one-time cost
  37. 37.Joseph has a budget of ₹900. The stock costs ₹170 and the stall fee is ₹750. Is the budget enough? (a) Yes (b) No
  38. 38.True or false: “a price board” is a running cost. (a) True (b) False
  39. 39.True or false: “a cooler box” is a running cost. (a) False (b) True
  40. 40.Diya has a budget of ₹500. The stock costs ₹70 and the stall fee is ₹400. Is the budget enough? (a) No (b) Yes

Answer key

  1. 80
  2. 34
  3. 355
  4. ice
  5. a running cost
  6. True
  7. a cash box
  8. a one-time cost
  9. 318
  10. False
  11. a cooler box
  12. sugar
  13. 30
  14. a one-time cost
  15. a cloth banner
  16. True
  17. 90
  18. Yes
  19. Yes
  20. a one-time cost
  21. tea leaves and milk
  22. No
  23. False
  24. True
  25. paper cups
  26. card paper
  27. 80
  28. a cloth banner
  29. True
  30. 314
  31. a juicer
  32. 15
  33. 10
  34. a one-time cost
  35. a one-time cost
  36. a running cost
  37. No
  38. False
  39. False
  40. Yes

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