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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 800 · 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.

NameDateTime takenScore ___ / 40
  1. 1.Kabir has a budget of ₹1000. The stock costs ₹80 and the stall fee is ₹970. Is the budget enough? (a) No (b) Yes
  2. 2.📒 One-time cost or running cost: sugar? (a) a one-time cost (b) a running cost
  3. 3.Diya has a budget of ₹500. The stock costs ₹190 and the stall fee is ₹340. Is the budget enough? (a) Yes (b) No
  4. 4.📒 One-time cost or running cost: seeds and soil? (a) a one-time cost (b) a running cost
  5. 5.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  6. 6.Which of these is a running cost? (a) card paper (b) a folding table (c) a cloth banner (d) a cash box
  7. 7.🔍 Which is the odd one out? (a) lemons (b) sugar (c) paper cups (d) a cooler box
  8. 8.🔍 Which is the odd one out? (a) card paper (b) sugar (c) a price board (d) paper cups
  9. 9.Saanvi’s stall budget is ₹930. Ribbon cost ₹270, sugar cost ₹120 and a banner cost ₹270. How many rupees of the budget are left?
  10. 10.🔍 Which is the odd one out? (a) tea leaves and milk (b) lemons (c) ice (d) a cloth banner
  11. 11.📒 One-time cost or running cost: paper cups? (a) a running cost (b) a one-time cost
  12. 12.Vihaan’s stall budget is ₹1010. A banner cost ₹250, a price board cost ₹270 and ribbon cost ₹260. How many rupees of the budget are left?
  13. 13.Rohan’s stall budget is ₹320. Lemons cost ₹100, seeds cost ₹50 and card paper cost ₹140. How many rupees of the budget are left?
  14. 14.Kabir’s stall budget is ₹540. A price board cost ₹80, lemons cost ₹260 and pots cost ₹150. How many rupees of the budget are left?
  15. 15.🔍 Which is the odd one out? (a) a cash box (b) a folding table (c) tea leaves and milk (d) a price board
  16. 16.Rohan plans to make 25 handmade cards. Each needs ₹6 of materials, and a banner costs ₹180 once. What total budget is needed (in ₹)?
  17. 17.🔍 Which is the odd one out? (a) paper cups (b) a cloth banner (c) a cooler box (d) a folding table
  18. 18.Which of these is a one-time cost? (a) sugar (b) lemons (c) paper cups (d) a cloth banner
  19. 19.Joseph plans to make 19 paper bookmarks. Each needs ₹4 of materials, and a banner costs ₹70 once. What total budget is needed (in ₹)?
  20. 20.Which of these is a one-time cost? (a) sugar (b) lemons (c) a cash box (d) paper cups
  21. 21.Which of these is a one-time cost? (a) paper cups (b) lemons (c) card paper (d) a folding table
  22. 22.Joseph’s stall budget is ₹960. A banner cost ₹230, paper cups cost ₹220 and seeds cost ₹250. How many rupees of the budget are left?
  23. 23.True or false: “a cloth banner” is a running cost. (a) True (b) False
  24. 24.Tara’s stall budget is ₹580. Napkins cost ₹140, paper cups cost ₹180 and lemons cost ₹60. How many rupees of the budget are left?
  25. 25.Kabir plans to make 16 cupcakes. Each needs ₹3 of materials, and a banner costs ₹200 once. What total budget is needed (in ₹)?
  26. 26.🔍 Which is the odd one out? (a) seeds and soil (b) a cash box (c) ice (d) sugar
  27. 27.Diya has a budget of ₹300. The stock costs ₹50 and the stall fee is ₹300. Is the budget enough? (a) Yes (b) No
  28. 28.True or false: “tea leaves and milk” is a running cost. (a) True (b) False
  29. 29.Kabir has ₹300 to spend on packs of cups. One pack of cups costs ₹10. What is the greatest number of packs of cups Kabir can buy?
  30. 30.🔍 Which is the odd one out? (a) tea leaves and milk (b) paper cups (c) seeds and soil (d) a folding table
  31. 31.📒 One-time cost or running cost: a cloth banner? (a) a one-time cost (b) a running cost
  32. 32.Diya plans to make 13 glasses of chai. Each needs ₹7 of materials, and a banner costs ₹120 once. What total budget is needed (in ₹)?
  33. 33.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost
  34. 34.Which of these is a running cost? (a) a folding table (b) a juicer (c) paper cups (d) a cash box
  35. 35.Kabir’s stall budget is ₹630. A banner cost ₹90, lemons cost ₹130 and seeds cost ₹130. How many rupees of the budget are left?
  36. 36.Rohan plans to make 48 cups of lemonade. Each needs ₹9 of materials, and a banner costs ₹60 once. What total budget is needed (in ₹)?
  37. 37.🔍 Which is the odd one out? (a) a cash box (b) a cloth banner (c) ice (d) a price board
  38. 38.🔍 Which is the odd one out? (a) a cooler box (b) a cloth banner (c) a folding table (d) sugar
  39. 39.Which of these is a one-time cost? (a) sugar (b) lemons (c) a cooler box (d) card paper
  40. 40.True or false: “a juicer” is a one-time cost. (a) False (b) True

Answer key

  1. No
  2. a running cost
  3. No
  4. a running cost
  5. a one-time cost
  6. card paper
  7. a cooler box
  8. a price board
  9. 270
  10. a cloth banner
  11. a running cost
  12. 230
  13. 30
  14. 50
  15. tea leaves and milk
  16. 330
  17. paper cups
  18. a cloth banner
  19. 146
  20. a cash box
  21. a folding table
  22. 260
  23. False
  24. 200
  25. 248
  26. a cash box
  27. No
  28. True
  29. 30
  30. a folding table
  31. a one-time cost
  32. 211
  33. a one-time cost
  34. paper cups
  35. 280
  36. 492
  37. ice
  38. sugar
  39. a cooler box
  40. True

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