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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 797 · 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 ₹400. The stock costs ₹160 and the stall fee is ₹240. Is the budget enough? (a) No (b) Yes
  2. 2.Nisha has ₹380 to spend on packs of cups. One pack of cups costs ₹5. What is the greatest number of packs of cups Nisha can buy?
  3. 3.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  4. 4.Riya’s stall budget is ₹690. A banner cost ₹160, seeds cost ₹210 and a price board cost ₹40. How many rupees of the budget are left?
  5. 5.True or false: “a folding table” is a running cost. (a) True (b) False
  6. 6.🔍 Which is the odd one out? (a) sugar (b) paper cups (c) a folding table (d) card paper
  7. 7.True or false: “seeds and soil” is a running cost. (a) True (b) False
  8. 8.True or false: “lemons” is a running cost. (a) True (b) False
  9. 9.True or false: “ice” is a one-time cost. (a) True (b) False
  10. 10.Meera has a budget of ₹300. The stock costs ₹90 and the stall fee is ₹250. Is the budget enough? (a) Yes (b) No
  11. 11.True or false: “a cooler box” is a running cost. (a) True (b) False
  12. 12.Dev has ₹340 to spend on lemons. One lemon costs ₹4. What is the greatest number of lemons Dev can buy?
  13. 13.Aarav plans to make 10 handmade cards. Each needs ₹6 of materials, and a banner costs ₹140 once. What total budget is needed (in ₹)?
  14. 14.True or false: “sugar” is a running cost. (a) False (b) True
  15. 15.Which of these is a one-time cost? (a) ice (b) paper cups (c) a cooler box (d) tea leaves and milk
  16. 16.Diya plans to make 43 jute bags. Each needs ₹9 of materials, and a banner costs ₹250 once. What total budget is needed (in ₹)?
  17. 17.🔍 Which is the odd one out? (a) a cash box (b) ice (c) seeds and soil (d) lemons
  18. 18.True or false: “seeds and soil” is a one-time cost. (a) True (b) False
  19. 19.📒 One-time cost or running cost: lemons? (a) a one-time cost (b) a running cost
  20. 20.Meera plans to make 15 glasses of chai. Each needs ₹9 of materials, and a banner costs ₹190 once. What total budget is needed (in ₹)?
  21. 21.Arjun has a budget of ₹400. The stock costs ₹70 and the stall fee is ₹310. Is the budget enough? (a) Yes (b) No
  22. 22.Kavya plans to make 18 painted pebbles. Each needs ₹6 of materials, and a banner costs ₹270 once. What total budget is needed (in ₹)?
  23. 23.📒 One-time cost or running cost: card paper? (a) a one-time cost (b) a running cost
  24. 24.Which of these is a running cost? (a) a price board (b) a folding table (c) ice (d) a cloth banner
  25. 25.Ishaan has a budget of ₹600. The stock costs ₹130 and the stall fee is ₹520. Is the budget enough? (a) No (b) Yes
  26. 26.📒 One-time cost or running cost: sugar? (a) a one-time cost (b) a running cost
  27. 27.True or false: “a cloth banner” is a one-time cost. (a) True (b) False
  28. 28.Gurpreet’s stall budget is ₹790. Sugar cost ₹180, napkins cost ₹290 and paper cups cost ₹260. How many rupees of the budget are left?
  29. 29.Ananya’s stall budget is ₹530. Paper cups cost ₹160, seeds cost ₹120 and a price board cost ₹210. How many rupees of the budget are left?
  30. 30.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
  31. 31.Which of these is a running cost? (a) a folding table (b) a cooler box (c) a juicer (d) lemons
  32. 32.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost
  33. 33.📒 One-time cost or running cost: paper cups? (a) a running cost (b) a one-time cost
  34. 34.Lakshmi has a budget of ₹1000. The stock costs ₹360 and the stall fee is ₹590. Is the budget enough? (a) Yes (b) No
  35. 35.📒 One-time cost or running cost: seeds and soil? (a) a one-time cost (b) a running cost
  36. 36.True or false: “paper cups” is a one-time cost. (a) False (b) True
  37. 37.📒 One-time cost or running cost: a cloth banner? (a) a one-time cost (b) a running cost
  38. 38.Vihaan has a budget of ₹900. The stock costs ₹150 and the stall fee is ₹750. Is the budget enough? (a) No (b) Yes
  39. 39.Dev has a budget of ₹900. The stock costs ₹50 and the stall fee is ₹820. Is the budget enough? (a) No (b) Yes
  40. 40.Joseph’s stall budget is ₹430. Sugar cost ₹100, napkins cost ₹150 and pots cost ₹150. How many rupees of the budget are left?

Answer key

  1. Yes
  2. 76
  3. a one-time cost
  4. 280
  5. False
  6. a folding table
  7. True
  8. True
  9. False
  10. No
  11. False
  12. 85
  13. 200
  14. True
  15. a cooler box
  16. 637
  17. a cash box
  18. False
  19. a running cost
  20. 325
  21. Yes
  22. 378
  23. a running cost
  24. ice
  25. No
  26. a running cost
  27. True
  28. 60
  29. 40
  30. a one-time cost
  31. lemons
  32. a one-time cost
  33. a running cost
  34. Yes
  35. a running cost
  36. False
  37. a one-time cost
  38. Yes
  39. Yes
  40. 30

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