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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 902 · 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.📒 One-time cost or running cost: paper cups? (a) a one-time cost (b) a running cost
  2. 2.Lakshmi has a budget of ₹400. The stock costs ₹70 and the stall fee is ₹370. Is the budget enough? (a) No (b) Yes
  3. 3.🔍 Which is the odd one out? (a) a price board (b) paper cups (c) a cash box (d) a cloth banner
  4. 4.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  5. 5.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
  6. 6.🔍 Which is the odd one out? (a) seeds and soil (b) a price board (c) a folding table (d) a cloth banner
  7. 7.🔍 Which is the odd one out? (a) lemons (b) a folding table (c) ice (d) card paper
  8. 8.Which of these is a one-time cost? (a) card paper (b) seeds and soil (c) tea leaves and milk (d) a cloth banner
  9. 9.True or false: “a cloth banner” is a one-time cost. (a) True (b) False
  10. 10.Which of these is a one-time cost? (a) sugar (b) paper cups (c) a cash box (d) ice
  11. 11.Ishaan’s stall budget is ₹710. A price board cost ₹120, paper cups cost ₹300 and card paper cost ₹100. How many rupees of the budget are left?
  12. 12.Rohan’s stall budget is ₹390. Pots cost ₹30, ribbon cost ₹50 and sugar cost ₹150. How many rupees of the budget are left?
  13. 13.Dev plans to make 44 handmade cards. Each needs ₹6 of materials, and a banner costs ₹180 once. What total budget is needed (in ₹)?
  14. 14.Nisha has a budget of ₹500. The stock costs ₹120 and the stall fee is ₹350. Is the budget enough? (a) Yes (b) No
  15. 15.True or false: “ice” is a running cost. (a) True (b) False
  16. 16.🔍 Which is the odd one out? (a) a cooler box (b) a cash box (c) lemons (d) a folding table
  17. 17.🔍 Which is the odd one out? (a) a cash box (b) card paper (c) a cooler box (d) a folding table
  18. 18.Diya plans to make 12 cups of lemonade. Each needs ₹5 of materials, and a banner costs ₹210 once. What total budget is needed (in ₹)?
  19. 19.True or false: “tea leaves and milk” is a one-time cost. (a) True (b) False
  20. 20.Which of these is a running cost? (a) sugar (b) a price board (c) a folding table (d) a cooler box
  21. 21.Vihaan has ₹280 to spend on rolls of ribbon. One roll of ribbon costs ₹4. What is the greatest number of rolls of ribbon Vihaan can buy?
  22. 22.📒 One-time cost or running cost: a cooler box? (a) a one-time cost (b) a running cost
  23. 23.Joseph has a budget of ₹400. The stock costs ₹160 and the stall fee is ₹210. Is the budget enough? (a) No (b) Yes
  24. 24.Gurpreet plans to make 22 bags of popcorn. Each needs ₹7 of materials, and a banner costs ₹140 once. What total budget is needed (in ₹)?
  25. 25.Vihaan’s stall budget is ₹550. Seeds cost ₹110, lemons cost ₹290 and pots cost ₹110. How many rupees of the budget are left?
  26. 26.Gurpreet has a budget of ₹800. The stock costs ₹190 and the stall fee is ₹650. Is the budget enough? (a) No (b) Yes
  27. 27.Ishaan has a budget of ₹1000. The stock costs ₹200 and the stall fee is ₹800. Is the budget enough? (a) No (b) Yes
  28. 28.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
  29. 29.Ananya’s stall budget is ₹520. Napkins cost ₹110, lemons cost ₹80 and a price board cost ₹120. How many rupees of the budget are left?
  30. 30.Kabir’s stall budget is ₹420. Card paper cost ₹30, seeds cost ₹30 and a banner cost ₹160. How many rupees of the budget are left?
  31. 31.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  32. 32.True or false: “a cash box” is a running cost. (a) True (b) False
  33. 33.Farhan plans to make 15 paper bookmarks. Each needs ₹5 of materials, and a banner costs ₹150 once. What total budget is needed (in ₹)?
  34. 34.Saanvi has ₹170 to spend on sheets of card paper. One sheet of card paper costs ₹12. What is the greatest number of sheets of card paper Saanvi can buy?
  35. 35.Meera has a budget of ₹900. The stock costs ₹320 and the stall fee is ₹550. Is the budget enough? (a) No (b) Yes
  36. 36.🔍 Which is the odd one out? (a) paper cups (b) lemons (c) tea leaves and milk (d) a cooler box
  37. 37.Tara has a budget of ₹700. The stock costs ₹60 and the stall fee is ₹620. Is the budget enough? (a) No (b) Yes
  38. 38.True or false: “a juicer” is a running cost. (a) True (b) False
  39. 39.Dev plans to make 45 jute bags. Each needs ₹8 of materials, and a banner costs ₹180 once. What total budget is needed (in ₹)?
  40. 40.Which of these is a running cost? (a) a folding table (b) a juicer (c) a cash box (d) lemons

Answer key

  1. a running cost
  2. No
  3. paper cups
  4. a one-time cost
  5. a running cost
  6. seeds and soil
  7. a folding table
  8. a cloth banner
  9. True
  10. a cash box
  11. 190
  12. 160
  13. 444
  14. Yes
  15. True
  16. lemons
  17. card paper
  18. 270
  19. False
  20. sugar
  21. 70
  22. a one-time cost
  23. Yes
  24. 294
  25. 40
  26. No
  27. Yes
  28. a one-time cost
  29. 210
  30. 200
  31. a one-time cost
  32. False
  33. 225
  34. 14
  35. Yes
  36. a cooler box
  37. Yes
  38. False
  39. 540
  40. lemons

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