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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 904 · 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.Which of these is a running cost? (a) a juicer (b) paper cups (c) a folding table (d) a cloth banner
  2. 2.True or false: “a cash box” is a running cost. (a) False (b) True
  3. 3.Gurpreet plans to make 13 fruit cups. Each needs ₹7 of materials, and a banner costs ₹170 once. What total budget is needed (in ₹)?
  4. 4.Ishaan plans to make 17 potted plants. Each needs ₹6 of materials, and a banner costs ₹50 once. What total budget is needed (in ₹)?
  5. 5.True or false: “a cash box” is a one-time cost. (a) False (b) True
  6. 6.True or false: “tea leaves and milk” is a running cost. (a) False (b) True
  7. 7.Kabir plans to make 47 clay diyas. Each needs ₹7 of materials, and a banner costs ₹110 once. What total budget is needed (in ₹)?
  8. 8.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
  9. 9.True or false: “a folding table” is a one-time cost. (a) True (b) False
  10. 10.Dev plans to make 41 fruit cups. Each needs ₹10 of materials, and a banner costs ₹160 once. What total budget is needed (in ₹)?
  11. 11.Tara has a budget of ₹600. The stock costs ₹160 and the stall fee is ₹390. Is the budget enough? (a) Yes (b) No
  12. 12.🔍 Which is the odd one out? (a) lemons (b) tea leaves and milk (c) a price board (d) paper cups
  13. 13.🔍 Which is the odd one out? (a) a cooler box (b) a price board (c) a folding table (d) tea leaves and milk
  14. 14.📒 One-time cost or running cost: card paper? (a) a one-time cost (b) a running cost
  15. 15.📒 One-time cost or running cost: ice? (a) a one-time cost (b) a running cost
  16. 16.True or false: “seeds and soil” is a running cost. (a) True (b) False
  17. 17.True or false: “a price board” is a running cost. (a) False (b) True
  18. 18.Diya’s stall budget is ₹530. Napkins cost ₹80, paper cups cost ₹150 and card paper cost ₹290. How many rupees of the budget are left?
  19. 19.Tara has a budget of ₹600. The stock costs ₹160 and the stall fee is ₹480. Is the budget enough? (a) Yes (b) No
  20. 20.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  21. 21.Which of these is a running cost? (a) a cloth banner (b) a folding table (c) seeds and soil (d) a juicer
  22. 22.🔍 Which is the odd one out? (a) lemons (b) a juicer (c) sugar (d) tea leaves and milk
  23. 23.True or false: “a cloth banner” is a running cost. (a) False (b) True
  24. 24.📒 One-time cost or running cost: sugar? (a) a running cost (b) a one-time cost
  25. 25.Which of these is a running cost? (a) ice (b) a juicer (c) a folding table (d) a price board
  26. 26.Ishaan’s stall budget is ₹560. Napkins cost ₹60, card paper cost ₹100 and lemons cost ₹120. How many rupees of the budget are left?
  27. 27.True or false: “sugar” is a running cost. (a) True (b) False
  28. 28.🔍 Which is the odd one out? (a) paper cups (b) a juicer (c) a folding table (d) a price board
  29. 29.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
  30. 30.Vihaan’s stall budget is ₹860. Seeds cost ₹280, a banner cost ₹170 and ribbon cost ₹280. How many rupees of the budget are left?
  31. 31.🔍 Which is the odd one out? (a) paper cups (b) sugar (c) tea leaves and milk (d) a cloth banner
  32. 32.Which of these is a one-time cost? (a) sugar (b) lemons (c) seeds and soil (d) a price board
  33. 33.Diya has ₹70 to spend on packets of seeds. One packet of seeds costs ₹12. What is the greatest number of packets of seeds Diya can buy?
  34. 34.True or false: “card paper” is a one-time cost. (a) True (b) False
  35. 35.True or false: “seeds and soil” is a one-time cost. (a) True (b) False
  36. 36.Kabir plans to make 15 potted plants. Each needs ₹8 of materials, and a banner costs ₹270 once. What total budget is needed (in ₹)?
  37. 37.True or false: “a cloth banner” is a one-time cost. (a) False (b) True
  38. 38.📒 One-time cost or running cost: seeds and soil? (a) a running cost (b) a one-time cost
  39. 39.🔍 Which is the odd one out? (a) a price board (b) a cooler box (c) a juicer (d) sugar
  40. 40.Aarav has a budget of ₹800. The stock costs ₹140 and the stall fee is ₹690. Is the budget enough? (a) Yes (b) No

Answer key

  1. paper cups
  2. False
  3. 261
  4. 152
  5. True
  6. True
  7. 439
  8. a running cost
  9. True
  10. 570
  11. Yes
  12. a price board
  13. tea leaves and milk
  14. a running cost
  15. a running cost
  16. True
  17. False
  18. 10
  19. No
  20. a one-time cost
  21. seeds and soil
  22. a juicer
  23. False
  24. a running cost
  25. ice
  26. 280
  27. True
  28. paper cups
  29. a one-time cost
  30. 130
  31. a cloth banner
  32. a price board
  33. 5
  34. False
  35. False
  36. 390
  37. True
  38. a running cost
  39. sugar
  40. No

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