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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 873 · 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.True or false: “a price board” is a one-time cost. (a) False (b) True
  2. 2.True or false: “card paper” is a one-time cost. (a) True (b) False
  3. 3.True or false: “a cash box” is a running cost. (a) True (b) False
  4. 4.Meera plans to make 33 glasses of chai. Each needs ₹10 of materials, and a banner costs ₹200 once. What total budget is needed (in ₹)?
  5. 5.Aarav’s stall budget is ₹820. Napkins cost ₹290, card paper cost ₹170 and lemons cost ₹60. How many rupees of the budget are left?
  6. 6.Farhan’s stall budget is ₹780. Pots cost ₹300, sugar cost ₹110 and ribbon cost ₹80. How many rupees of the budget are left?
  7. 7.Aarav has a budget of ₹600. The stock costs ₹290 and the stall fee is ₹270. Is the budget enough? (a) Yes (b) No
  8. 8.Ananya has a budget of ₹900. The stock costs ₹370 and the stall fee is ₹530. Is the budget enough? (a) Yes (b) No
  9. 9.Which of these is a running cost? (a) a folding table (b) a cloth banner (c) lemons (d) a cash box
  10. 10.True or false: “seeds and soil” is a one-time cost. (a) True (b) False
  11. 11.🔍 Which is the odd one out? (a) a folding table (b) a juicer (c) card paper (d) a cash box
  12. 12.🔍 Which is the odd one out? (a) a price board (b) a cooler box (c) tea leaves and milk (d) a cloth banner
  13. 13.Nisha’s stall budget is ₹510. A banner cost ₹100, sugar cost ₹180 and ribbon cost ₹90. How many rupees of the budget are left?
  14. 14.🔍 Which is the odd one out? (a) a cash box (b) tea leaves and milk (c) ice (d) lemons
  15. 15.📒 One-time cost or running cost: a price board? (a) a one-time cost (b) a running cost
  16. 16.Riya has a budget of ₹700. The stock costs ₹110 and the stall fee is ₹600. Is the budget enough? (a) Yes (b) No
  17. 17.🔍 Which is the odd one out? (a) a folding table (b) a cloth banner (c) paper cups (d) a price board
  18. 18.Rohan’s stall budget is ₹330. A banner cost ₹90, a price board cost ₹20 and card paper cost ₹180. How many rupees of the budget are left?
  19. 19.Diya has a budget of ₹500. The stock costs ₹190 and the stall fee is ₹300. Is the budget enough? (a) No (b) Yes
  20. 20.True or false: “paper cups” is a one-time cost. (a) False (b) True
  21. 21.Which of these is a one-time cost? (a) a folding table (b) paper cups (c) seeds and soil (d) tea leaves and milk
  22. 22.🔍 Which is the odd one out? (a) ice (b) a juicer (c) a folding table (d) a cloth banner
  23. 23.Which of these is a running cost? (a) a price board (b) a cooler box (c) sugar (d) a cloth banner
  24. 24.Rohan plans to make 13 glasses of chai. Each needs ₹6 of materials, and a banner costs ₹100 once. What total budget is needed (in ₹)?
  25. 25.True or false: “a folding table” is a running cost. (a) True (b) False
  26. 26.📒 One-time cost or running cost: a cooler box? (a) a one-time cost (b) a running cost
  27. 27.True or false: “tea leaves and milk” is a one-time cost. (a) False (b) True
  28. 28.Which of these is a running cost? (a) a juicer (b) a cloth banner (c) ice (d) a cash box
  29. 29.Which of these is a one-time cost? (a) a cloth banner (b) lemons (c) card paper (d) tea leaves and milk
  30. 30.Lakshmi has ₹90 to spend on rolls of ribbon. One roll of ribbon costs ₹12. What is the greatest number of rolls of ribbon Lakshmi can buy?
  31. 31.Which of these is a running cost? (a) a price board (b) a cash box (c) seeds and soil (d) a juicer
  32. 32.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  33. 33.True or false: “tea leaves and milk” is a running cost. (a) True (b) False
  34. 34.📒 One-time cost or running cost: seeds and soil? (a) a running cost (b) a one-time cost
  35. 35.Tara has a budget of ₹800. The stock costs ₹300 and the stall fee is ₹460. Is the budget enough? (a) No (b) Yes
  36. 36.🔍 Which is the odd one out? (a) a juicer (b) a cooler box (c) a price board (d) lemons
  37. 37.Diya has ₹130 to spend on rolls of ribbon. One roll of ribbon costs ₹12. What is the greatest number of rolls of ribbon Diya can buy?
  38. 38.Tara has a budget of ₹300. The stock costs ₹60 and the stall fee is ₹240. Is the budget enough? (a) No (b) Yes
  39. 39.Meera has a budget of ₹900. The stock costs ₹260 and the stall fee is ₹610. Is the budget enough? (a) No (b) Yes
  40. 40.True or false: “seeds and soil” is a running cost. (a) True (b) False

Answer key

  1. True
  2. False
  3. False
  4. 530
  5. 300
  6. 290
  7. Yes
  8. Yes
  9. lemons
  10. False
  11. card paper
  12. tea leaves and milk
  13. 140
  14. a cash box
  15. a one-time cost
  16. No
  17. paper cups
  18. 40
  19. Yes
  20. False
  21. a folding table
  22. ice
  23. sugar
  24. 178
  25. False
  26. a one-time cost
  27. False
  28. ice
  29. a cloth banner
  30. 7
  31. seeds and soil
  32. a one-time cost
  33. True
  34. a running cost
  35. Yes
  36. lemons
  37. 10
  38. Yes
  39. Yes
  40. True

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