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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 834 · 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.Kabir has a budget of ₹700. The stock costs ₹270 and the stall fee is ₹380. Is the budget enough? (a) Yes (b) No
  2. 2.True or false: “a cloth banner” is a one-time cost. (a) True (b) False
  3. 3.Which of these is a running cost? (a) a cloth banner (b) lemons (c) a folding table (d) a cooler box
  4. 4.Which of these is a one-time cost? (a) seeds and soil (b) paper cups (c) ice (d) a cash box
  5. 5.📒 One-time cost or running cost: card paper? (a) a running cost (b) a one-time cost
  6. 6.Tara plans to make 13 handmade cards. Each needs ₹3 of materials, and a banner costs ₹300 once. What total budget is needed (in ₹)?
  7. 7.Saanvi has ₹290 to spend on rolls of ribbon. One roll of ribbon costs ₹6. What is the greatest number of rolls of ribbon Saanvi can buy?
  8. 8.Kavya has a budget of ₹400. The stock costs ₹70 and the stall fee is ₹380. Is the budget enough? (a) Yes (b) No
  9. 9.🔍 Which is the odd one out? (a) a cooler box (b) card paper (c) a cloth banner (d) a folding table
  10. 10.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
  11. 11.📒 One-time cost or running cost: seeds and soil? (a) a running cost (b) a one-time cost
  12. 12.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  13. 13.Arjun has a budget of ₹800. The stock costs ₹340 and the stall fee is ₹410. Is the budget enough? (a) No (b) Yes
  14. 14.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  15. 15.🔍 Which is the odd one out? (a) a cooler box (b) ice (c) a juicer (d) a cloth banner
  16. 16.📒 One-time cost or running cost: sugar? (a) a one-time cost (b) a running cost
  17. 17.📒 One-time cost or running cost: tea leaves and milk? (a) a running cost (b) a one-time cost
  18. 18.Riya’s stall budget is ₹720. Pots cost ₹210, paper cups cost ₹300 and napkins cost ₹20. How many rupees of the budget are left?
  19. 19.📒 One-time cost or running cost: ice? (a) a one-time cost (b) a running cost
  20. 20.🔍 Which is the odd one out? (a) card paper (b) sugar (c) a cloth banner (d) lemons
  21. 21.Which of these is a running cost? (a) a price board (b) a cooler box (c) tea leaves and milk (d) a folding table
  22. 22.Diya plans to make 23 bags of popcorn. Each needs ₹4 of materials, and a banner costs ₹60 once. What total budget is needed (in ₹)?
  23. 23.Kabir has a budget of ₹300. The stock costs ₹60 and the stall fee is ₹210. Is the budget enough? (a) Yes (b) No
  24. 24.True or false: “tea leaves and milk” is a running cost. (a) True (b) False
  25. 25.True or false: “a cloth banner” is a running cost. (a) True (b) False
  26. 26.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost
  27. 27.Which of these is a one-time cost? (a) paper cups (b) a price board (c) ice (d) sugar
  28. 28.Riya plans to make 35 friendship bands. Each needs ₹9 of materials, and a banner costs ₹210 once. What total budget is needed (in ₹)?
  29. 29.Which of these is a running cost? (a) a juicer (b) ice (c) a cloth banner (d) a folding table
  30. 30.Which of these is a running cost? (a) a cloth banner (b) a folding table (c) card paper (d) a cooler box
  31. 31.Nisha has ₹190 to spend on sheets of card paper. One sheet of card paper costs ₹6. What is the greatest number of sheets of card paper Nisha can buy?
  32. 32.🔍 Which is the odd one out? (a) paper cups (b) sugar (c) tea leaves and milk (d) a cooler box
  33. 33.Vihaan’s stall budget is ₹760. Lemons cost ₹280, seeds cost ₹110 and a banner cost ₹300. How many rupees of the budget are left?
  34. 34.True or false: “a cooler box” is a running cost. (a) True (b) False
  35. 35.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  36. 36.🔍 Which is the odd one out? (a) a price board (b) a cash box (c) tea leaves and milk (d) a cooler box
  37. 37.Rohan plans to make 27 cupcakes. Each needs ₹9 of materials, and a banner costs ₹70 once. What total budget is needed (in ₹)?
  38. 38.🔍 Which is the odd one out? (a) sugar (b) card paper (c) a cash box (d) seeds and soil
  39. 39.True or false: “a juicer” is a one-time cost. (a) False (b) True
  40. 40.Ananya’s stall budget is ₹590. Lemons cost ₹70, pots cost ₹90 and ribbon cost ₹150. How many rupees of the budget are left?

Answer key

  1. Yes
  2. True
  3. lemons
  4. a cash box
  5. a running cost
  6. 339
  7. 48
  8. No
  9. card paper
  10. a one-time cost
  11. a running cost
  12. a one-time cost
  13. Yes
  14. a one-time cost
  15. ice
  16. a running cost
  17. a running cost
  18. 190
  19. a running cost
  20. a cloth banner
  21. tea leaves and milk
  22. 152
  23. Yes
  24. True
  25. False
  26. a one-time cost
  27. a price board
  28. 525
  29. ice
  30. card paper
  31. 31
  32. a cooler box
  33. 70
  34. False
  35. a one-time cost
  36. tea leaves and milk
  37. 313
  38. a cash box
  39. True
  40. 280

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