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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 827 · 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.Tara’s stall budget is ₹310. Pots cost ₹30, card paper cost ₹240 and paper cups cost ₹30. How many rupees of the budget are left?
  2. 2.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
  3. 3.True or false: “ice” is a running cost. (a) True (b) False
  4. 4.Lakshmi has a budget of ₹1000. The stock costs ₹470 and the stall fee is ₹480. Is the budget enough? (a) Yes (b) No
  5. 5.Which of these is a one-time cost? (a) tea leaves and milk (b) card paper (c) a cash box (d) lemons
  6. 6.True or false: “seeds and soil” is a one-time cost. (a) True (b) False
  7. 7.🔍 Which is the odd one out? (a) a cash box (b) a cloth banner (c) a folding table (d) ice
  8. 8.True or false: “tea leaves and milk” is a one-time cost. (a) False (b) True
  9. 9.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
  10. 10.🔍 Which is the odd one out? (a) lemons (b) a juicer (c) a price board (d) a cash box
  11. 11.Which of these is a one-time cost? (a) tea leaves and milk (b) ice (c) lemons (d) a juicer
  12. 12.Diya has a budget of ₹400. The stock costs ₹70 and the stall fee is ₹310. Is the budget enough? (a) No (b) Yes
  13. 13.🔍 Which is the odd one out? (a) tea leaves and milk (b) paper cups (c) a cooler box (d) ice
  14. 14.Which of these is a running cost? (a) a folding table (b) a price board (c) lemons (d) a cash box
  15. 15.Farhan has a budget of ₹900. The stock costs ₹390 and the stall fee is ₹480. Is the budget enough? (a) No (b) Yes
  16. 16.Lakshmi has ₹90 to spend on rolls of ribbon. One roll of ribbon costs ₹5. What is the greatest number of rolls of ribbon Lakshmi can buy?
  17. 17.🔍 Which is the odd one out? (a) a cloth banner (b) seeds and soil (c) a folding table (d) a juicer
  18. 18.🔍 Which is the odd one out? (a) ice (b) tea leaves and milk (c) a cloth banner (d) paper cups
  19. 19.Ananya’s stall budget is ₹660. A banner cost ₹190, ribbon cost ₹50 and a price board cost ₹290. How many rupees of the budget are left?
  20. 20.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  21. 21.Kabir’s stall budget is ₹720. Sugar cost ₹190, pots cost ₹210 and a banner cost ₹240. How many rupees of the budget are left?
  22. 22.Vihaan plans to make 36 potted plants. Each needs ₹6 of materials, and a banner costs ₹180 once. What total budget is needed (in ₹)?
  23. 23.Dev’s stall budget is ₹690. Sugar cost ₹100, ribbon cost ₹270 and a price board cost ₹130. How many rupees of the budget are left?
  24. 24.📒 One-time cost or running cost: card paper? (a) a one-time cost (b) a running cost
  25. 25.Diya has ₹110 to spend on rolls of ribbon. One roll of ribbon costs ₹20. What is the greatest number of rolls of ribbon Diya can buy?
  26. 26.Which of these is a running cost? (a) a cloth banner (b) a folding table (c) ice (d) a cooler box
  27. 27.📒 One-time cost or running cost: lemons? (a) a running cost (b) a one-time cost
  28. 28.📒 One-time cost or running cost: paper cups? (a) a one-time cost (b) a running cost
  29. 29.True or false: “a cash box” is a one-time cost. (a) True (b) False
  30. 30.True or false: “a cash box” is a running cost. (a) True (b) False
  31. 31.True or false: “ice” is a one-time cost. (a) False (b) True
  32. 32.Aarav plans to make 50 painted pebbles. Each needs ₹4 of materials, and a banner costs ₹300 once. What total budget is needed (in ₹)?
  33. 33.Ishaan has ₹220 to spend on rolls of ribbon. One roll of ribbon costs ₹5. What is the greatest number of rolls of ribbon Ishaan can buy?
  34. 34.True or false: “sugar” is a running cost. (a) True (b) False
  35. 35.Which of these is a one-time cost? (a) lemons (b) card paper (c) seeds and soil (d) a price board
  36. 36.Meera has a budget of ₹500. The stock costs ₹120 and the stall fee is ₹360. Is the budget enough? (a) No (b) Yes
  37. 37.Arjun has a budget of ₹400. The stock costs ₹70 and the stall fee is ₹370. Is the budget enough? (a) Yes (b) No
  38. 38.Ananya plans to make 17 paper bookmarks. Each needs ₹10 of materials, and a banner costs ₹100 once. What total budget is needed (in ₹)?
  39. 39.Dev has a budget of ₹900. The stock costs ₹180 and the stall fee is ₹770. Is the budget enough? (a) No (b) Yes
  40. 40.Nisha plans to make 11 friendship bands. Each needs ₹3 of materials, and a banner costs ₹300 once. What total budget is needed (in ₹)?

Answer key

  1. 10
  2. a one-time cost
  3. True
  4. Yes
  5. a cash box
  6. False
  7. ice
  8. False
  9. a one-time cost
  10. lemons
  11. a juicer
  12. Yes
  13. a cooler box
  14. lemons
  15. Yes
  16. 18
  17. seeds and soil
  18. a cloth banner
  19. 130
  20. a one-time cost
  21. 80
  22. 396
  23. 190
  24. a running cost
  25. 5
  26. ice
  27. a running cost
  28. a running cost
  29. True
  30. False
  31. False
  32. 500
  33. 44
  34. True
  35. a price board
  36. Yes
  37. No
  38. 270
  39. No
  40. 333

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