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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 866 · 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.True or false: “card paper” is a one-time cost. (a) True (b) False
  2. 2.📒 One-time cost or running cost: lemons? (a) a one-time cost (b) a running cost
  3. 3.Kavya plans to make 30 jute bags. Each needs ₹5 of materials, and a banner costs ₹100 once. What total budget is needed (in ₹)?
  4. 4.🔍 Which is the odd one out? (a) a cash box (b) paper cups (c) a cloth banner (d) a folding table
  5. 5.Zoya has a budget of ₹900. The stock costs ₹90 and the stall fee is ₹790. Is the budget enough? (a) No (b) Yes
  6. 6.📒 One-time cost or running cost: paper cups? (a) a running cost (b) a one-time cost
  7. 7.True or false: “paper cups” is a one-time cost. (a) False (b) True
  8. 8.Kabir has a budget of ₹600. The stock costs ₹250 and the stall fee is ₹370. Is the budget enough? (a) Yes (b) No
  9. 9.📒 One-time cost or running cost: card paper? (a) a running cost (b) a one-time cost
  10. 10.Which of these is a running cost? (a) a cooler box (b) a cloth banner (c) sugar (d) a folding table
  11. 11.Ishaan plans to make 23 paper bookmarks. Each needs ₹5 of materials, and a banner costs ₹160 once. What total budget is needed (in ₹)?
  12. 12.True or false: “a price board” is a one-time cost. (a) False (b) True
  13. 13.Riya’s stall budget is ₹440. Paper cups cost ₹260, a price board cost ₹40 and a banner cost ₹80. How many rupees of the budget are left?
  14. 14.Vihaan has a budget of ₹1000. The stock costs ₹480 and the stall fee is ₹520. Is the budget enough? (a) No (b) Yes
  15. 15.Which of these is a running cost? (a) a folding table (b) a cash box (c) paper cups (d) a cloth banner
  16. 16.Which of these is a one-time cost? (a) a juicer (b) lemons (c) paper cups (d) sugar
  17. 17.Which of these is a one-time cost? (a) seeds and soil (b) lemons (c) ice (d) a cloth banner
  18. 18.Kavya plans to make 45 bags of popcorn. Each needs ₹2 of materials, and a banner costs ₹240 once. What total budget is needed (in ₹)?
  19. 19.Joseph’s stall budget is ₹350. Sugar cost ₹100, a banner cost ₹180 and napkins cost ₹50. How many rupees of the budget are left?
  20. 20.Tara’s stall budget is ₹880. A banner cost ₹220, ribbon cost ₹200 and paper cups cost ₹180. How many rupees of the budget are left?
  21. 21.Meera has ₹290 to spend on lemons. One lemon costs ₹10. What is the greatest number of lemons Meera can buy?
  22. 22.Diya’s stall budget is ₹380. Ribbon cost ₹130, pots cost ₹20 and a price board cost ₹180. How many rupees of the budget are left?
  23. 23.True or false: “ice” is a running cost. (a) True (b) False
  24. 24.Which of these is a one-time cost? (a) a cooler box (b) sugar (c) tea leaves and milk (d) paper cups
  25. 25.Which of these is a one-time cost? (a) a price board (b) tea leaves and milk (c) seeds and soil (d) paper cups
  26. 26.True or false: “lemons” is a one-time cost. (a) False (b) True
  27. 27.Kabir has ₹280 to spend on lemons. One lemon costs ₹6. What is the greatest number of lemons Kabir can buy?
  28. 28.🔍 Which is the odd one out? (a) a cash box (b) a folding table (c) tea leaves and milk (d) a price board
  29. 29.Diya plans to make 35 friendship bands. Each needs ₹2 of materials, and a banner costs ₹290 once. What total budget is needed (in ₹)?
  30. 30.True or false: “a juicer” is a one-time cost. (a) True (b) False
  31. 31.Zoya’s stall budget is ₹660. A banner cost ₹140, lemons cost ₹140 and seeds cost ₹120. How many rupees of the budget are left?
  32. 32.🔍 Which is the odd one out? (a) a cash box (b) a cooler box (c) a cloth banner (d) sugar
  33. 33.📒 One-time cost or running cost: sugar? (a) a one-time cost (b) a running cost
  34. 34.Which of these is a running cost? (a) a cloth banner (b) a folding table (c) seeds and soil (d) a juicer
  35. 35.Aarav has a budget of ₹700. The stock costs ₹220 and the stall fee is ₹530. Is the budget enough? (a) Yes (b) No
  36. 36.Rohan plans to make 19 glasses of chai. Each needs ₹7 of materials, and a banner costs ₹70 once. What total budget is needed (in ₹)?
  37. 37.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost
  38. 38.🔍 Which is the odd one out? (a) paper cups (b) seeds and soil (c) a cash box (d) sugar
  39. 39.Ishaan plans to make 44 glasses of chai. Each needs ₹7 of materials, and a banner costs ₹50 once. What total budget is needed (in ₹)?
  40. 40.Ananya plans to make 40 handmade cards. Each needs ₹3 of materials, and a banner costs ₹260 once. What total budget is needed (in ₹)?

Answer key

  1. False
  2. a running cost
  3. 250
  4. paper cups
  5. Yes
  6. a running cost
  7. False
  8. No
  9. a running cost
  10. sugar
  11. 275
  12. True
  13. 60
  14. Yes
  15. paper cups
  16. a juicer
  17. a cloth banner
  18. 330
  19. 20
  20. 280
  21. 29
  22. 50
  23. True
  24. a cooler box
  25. a price board
  26. False
  27. 46
  28. tea leaves and milk
  29. 360
  30. True
  31. 260
  32. sugar
  33. a running cost
  34. seeds and soil
  35. No
  36. 203
  37. a one-time cost
  38. a cash box
  39. 358
  40. 380

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