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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 8 · 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) lemons (c) seeds and soil (d) paper cups
  2. 2.Rohan has a budget of ₹300. The stock costs ₹60 and the stall fee is ₹210. Is the budget enough? (a) No (b) Yes
  3. 3.True or false: “a cloth banner” is a one-time cost. (a) True (b) False
  4. 4.Which of these is a running cost? (a) a cloth banner (b) lemons (c) a price board (d) a cash box
  5. 5.True or false: “a juicer” is a one-time cost. (a) False (b) True
  6. 6.Zoya’s stall budget is ₹630. Paper cups cost ₹90, sugar cost ₹290 and card paper cost ₹30. How many rupees of the budget are left?
  7. 7.Which of these is a one-time cost? (a) a cloth banner (b) lemons (c) sugar (d) ice
  8. 8.Vihaan’s stall budget is ₹720. Paper cups cost ₹130, ribbon cost ₹100 and card paper cost ₹280. How many rupees of the budget are left?
  9. 9.🔍 Which is the odd one out? (a) a cash box (b) a price board (c) a folding table (d) paper cups
  10. 10.Saanvi has a budget of ₹400. The stock costs ₹90 and the stall fee is ₹280. Is the budget enough? (a) No (b) Yes
  11. 11.True or false: “paper cups” is a running cost. (a) True (b) False
  12. 12.Diya’s stall budget is ₹620. Seeds cost ₹120, ribbon cost ₹20 and sugar cost ₹180. How many rupees of the budget are left?
  13. 13.📒 One-time cost or running cost: tea leaves and milk? (a) a running cost (b) a one-time cost
  14. 14.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  15. 15.Ishaan has ₹480 to spend on rolls of ribbon. One roll of ribbon costs ₹10. What is the greatest number of rolls of ribbon Ishaan can buy?
  16. 16.🔍 Which is the odd one out? (a) lemons (b) a price board (c) paper cups (d) card paper
  17. 17.🔍 Which is the odd one out? (a) a cash box (b) a juicer (c) a folding table (d) lemons
  18. 18.True or false: “a folding table” is a running cost. (a) True (b) False
  19. 19.Which of these is a one-time cost? (a) ice (b) card paper (c) tea leaves and milk (d) a folding table
  20. 20.Lakshmi plans to make 36 glasses of chai. Each needs ₹10 of materials, and a banner costs ₹250 once. What total budget is needed (in ₹)?
  21. 21.Meera plans to make 37 glasses of chai. Each needs ₹6 of materials, and a banner costs ₹100 once. What total budget is needed (in ₹)?
  22. 22.📒 One-time cost or running cost: seeds and soil? (a) a one-time cost (b) a running cost
  23. 23.🔍 Which is the odd one out? (a) a juicer (b) a cash box (c) seeds and soil (d) a folding table
  24. 24.True or false: “a cloth banner” is a running cost. (a) True (b) False
  25. 25.Gurpreet has a budget of ₹800. The stock costs ₹130 and the stall fee is ₹620. Is the budget enough? (a) No (b) Yes
  26. 26.Vihaan has a budget of ₹500. The stock costs ₹220 and the stall fee is ₹250. Is the budget enough? (a) Yes (b) No
  27. 27.Which of these is a running cost? (a) a cooler box (b) a juicer (c) a price board (d) tea leaves and milk
  28. 28.Aarav plans to make 19 handmade cards. Each needs ₹3 of materials, and a banner costs ₹120 once. What total budget is needed (in ₹)?
  29. 29.Diya’s stall budget is ₹430. Napkins cost ₹110, paper cups cost ₹60 and a price board cost ₹70. How many rupees of the budget are left?
  30. 30.Riya plans to make 29 glasses of chai. Each needs ₹10 of materials, and a banner costs ₹230 once. What total budget is needed (in ₹)?
  31. 31.True or false: “a cash box” is a running cost. (a) False (b) True
  32. 32.Which of these is a running cost? (a) a price board (b) a cooler box (c) paper cups (d) a cash box
  33. 33.Which of these is a one-time cost? (a) card paper (b) tea leaves and milk (c) ice (d) a cooler box
  34. 34.Which of these is a running cost? (a) a cloth banner (b) a price board (c) sugar (d) a folding table
  35. 35.True or false: “a cooler box” is a one-time cost. (a) True (b) False
  36. 36.Ananya plans to make 14 bags of popcorn. Each needs ₹3 of materials, and a banner costs ₹140 once. What total budget is needed (in ₹)?
  37. 37.Saanvi’s stall budget is ₹520. Lemons cost ₹160, a price board cost ₹250 and card paper cost ₹90. How many rupees of the budget are left?
  38. 38.🔍 Which is the odd one out? (a) tea leaves and milk (b) a cash box (c) a price board (d) a folding table
  39. 39.Which of these is a one-time cost? (a) ice (b) sugar (c) a price board (d) lemons
  40. 40.Kabir plans to make 50 friendship bands. Each needs ₹8 of materials, and a banner costs ₹100 once. What total budget is needed (in ₹)?

Answer key

  1. a cloth banner
  2. Yes
  3. True
  4. lemons
  5. True
  6. 220
  7. a cloth banner
  8. 210
  9. paper cups
  10. Yes
  11. True
  12. 300
  13. a running cost
  14. a one-time cost
  15. 48
  16. a price board
  17. lemons
  18. False
  19. a folding table
  20. 610
  21. 322
  22. a running cost
  23. seeds and soil
  24. False
  25. Yes
  26. Yes
  27. tea leaves and milk
  28. 177
  29. 190
  30. 520
  31. False
  32. paper cups
  33. a cooler box
  34. sugar
  35. True
  36. 182
  37. 20
  38. tea leaves and milk
  39. a price board
  40. 500

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