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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 817 · 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 cooler box (b) paper cups (c) a cash box (d) a folding table
  2. 2.Which of these is a running cost? (a) a cooler box (b) card paper (c) a juicer (d) a cash box
  3. 3.Lakshmi has a budget of ₹900. The stock costs ₹150 and the stall fee is ₹720. Is the budget enough? (a) No (b) Yes
  4. 4.Which of these is a running cost? (a) a juicer (b) a cloth banner (c) a cooler box (d) sugar
  5. 5.Rohan has a budget of ₹300. The stock costs ₹90 and the stall fee is ₹250. Is the budget enough? (a) Yes (b) No
  6. 6.📒 One-time cost or running cost: seeds and soil? (a) a one-time cost (b) a running cost
  7. 7.🔍 Which is the odd one out? (a) lemons (b) a folding table (c) ice (d) seeds and soil
  8. 8.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  9. 9.Lakshmi’s stall budget is ₹660. A banner cost ₹240, sugar cost ₹130 and seeds cost ₹120. How many rupees of the budget are left?
  10. 10.Which of these is a one-time cost? (a) sugar (b) seeds and soil (c) a juicer (d) tea leaves and milk
  11. 11.Which of these is a one-time cost? (a) card paper (b) ice (c) seeds and soil (d) a folding table
  12. 12.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
  13. 13.True or false: “a cloth banner” is a one-time cost. (a) True (b) False
  14. 14.Kavya plans to make 40 friendship bands. Each needs ₹10 of materials, and a banner costs ₹200 once. What total budget is needed (in ₹)?
  15. 15.Kavya plans to make 34 handmade cards. Each needs ₹10 of materials, and a banner costs ₹110 once. What total budget is needed (in ₹)?
  16. 16.Diya plans to make 15 painted pebbles. Each needs ₹2 of materials, and a banner costs ₹180 once. What total budget is needed (in ₹)?
  17. 17.Rohan has a budget of ₹300. The stock costs ₹130 and the stall fee is ₹160. Is the budget enough? (a) Yes (b) No
  18. 18.Which of these is a running cost? (a) a cooler box (b) a cloth banner (c) a cash box (d) paper cups
  19. 19.Saanvi plans to make 47 cupcakes. Each needs ₹3 of materials, and a banner costs ₹50 once. What total budget is needed (in ₹)?
  20. 20.📒 One-time cost or running cost: ice? (a) a running cost (b) a one-time cost
  21. 21.True or false: “sugar” is a running cost. (a) False (b) True
  22. 22.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost
  23. 23.Which of these is a running cost? (a) a cash box (b) a cloth banner (c) a juicer (d) lemons
  24. 24.Diya has a budget of ₹800. The stock costs ₹380 and the stall fee is ₹440. Is the budget enough? (a) No (b) Yes
  25. 25.Saanvi’s stall budget is ₹830. A banner cost ₹110, sugar cost ₹240 and napkins cost ₹280. How many rupees of the budget are left?
  26. 26.Kavya’s stall budget is ₹810. Ribbon cost ₹300, napkins cost ₹70 and a price board cost ₹170. How many rupees of the budget are left?
  27. 27.Which of these is a one-time cost? (a) card paper (b) ice (c) a cloth banner (d) tea leaves and milk
  28. 28.Ananya has ₹220 to spend on lemons. One lemon costs ₹20. What is the greatest number of lemons Ananya can buy?
  29. 29.Meera’s stall budget is ₹430. Card paper cost ₹40, pots cost ₹90 and a banner cost ₹240. How many rupees of the budget are left?
  30. 30.🔍 Which is the odd one out? (a) card paper (b) sugar (c) tea leaves and milk (d) a cash box
  31. 31.Joseph has ₹150 to spend on rolls of ribbon. One roll of ribbon costs ₹4. What is the greatest number of rolls of ribbon Joseph can buy?
  32. 32.Which of these is a one-time cost? (a) lemons (b) sugar (c) paper cups (d) a cash box
  33. 33.Tara plans to make 12 glasses of chai. Each needs ₹4 of materials, and a banner costs ₹120 once. What total budget is needed (in ₹)?
  34. 34.Kavya has a budget of ₹300. The stock costs ₹50 and the stall fee is ₹220. Is the budget enough? (a) No (b) Yes
  35. 35.Kabir’s stall budget is ₹720. A price board cost ₹270, paper cups cost ₹150 and ribbon cost ₹60. How many rupees of the budget are left?
  36. 36.📒 One-time cost or running cost: sugar? (a) a running cost (b) a one-time cost
  37. 37.Diya has a budget of ₹800. The stock costs ₹200 and the stall fee is ₹650. Is the budget enough? (a) No (b) Yes
  38. 38.Saanvi has ₹380 to spend on sheets of card paper. One sheet of card paper costs ₹15. What is the greatest number of sheets of card paper Saanvi can buy?
  39. 39.True or false: “a folding table” is a one-time cost. (a) False (b) True
  40. 40.True or false: “card paper” is a running cost. (a) False (b) True

Answer key

  1. paper cups
  2. card paper
  3. Yes
  4. sugar
  5. No
  6. a running cost
  7. a folding table
  8. a one-time cost
  9. 170
  10. a juicer
  11. a folding table
  12. a one-time cost
  13. True
  14. 600
  15. 450
  16. 210
  17. Yes
  18. paper cups
  19. 191
  20. a running cost
  21. True
  22. a one-time cost
  23. lemons
  24. No
  25. 200
  26. 270
  27. a cloth banner
  28. 11
  29. 60
  30. a cash box
  31. 37
  32. a cash box
  33. 168
  34. Yes
  35. 240
  36. a running cost
  37. No
  38. 25
  39. True
  40. True

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