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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 936 · 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: “seeds and soil” is a running cost. (a) True (b) False
  2. 2.Lakshmi plans to make 35 paper bookmarks. Each needs ₹8 of materials, and a banner costs ₹250 once. What total budget is needed (in ₹)?
  3. 3.🔍 Which is the odd one out? (a) paper cups (b) lemons (c) card paper (d) a cloth banner
  4. 4.Nisha’s stall budget is ₹630. Seeds cost ₹190, lemons cost ₹70 and napkins cost ₹200. How many rupees of the budget are left?
  5. 5.Diya’s stall budget is ₹810. A banner cost ₹280, paper cups cost ₹160 and seeds cost ₹130. How many rupees of the budget are left?
  6. 6.Meera has a budget of ₹400. The stock costs ₹140 and the stall fee is ₹290. Is the budget enough? (a) Yes (b) No
  7. 7.Riya’s stall budget is ₹520. Ribbon cost ₹260, sugar cost ₹170 and pots cost ₹30. How many rupees of the budget are left?
  8. 8.Which of these is a one-time cost? (a) lemons (b) a cooler box (c) tea leaves and milk (d) card paper
  9. 9.📒 One-time cost or running cost: a price board? (a) a one-time cost (b) a running cost
  10. 10.True or false: “sugar” is a running cost. (a) False (b) True
  11. 11.🔍 Which is the odd one out? (a) card paper (b) a cooler box (c) tea leaves and milk (d) ice
  12. 12.True or false: “lemons” is a running cost. (a) False (b) True
  13. 13.🔍 Which is the odd one out? (a) a juicer (b) a folding table (c) a cash box (d) paper cups
  14. 14.🔍 Which is the odd one out? (a) a price board (b) a juicer (c) tea leaves and milk (d) a cooler box
  15. 15.Kabir’s stall budget is ₹590. Paper cups cost ₹160, a price board cost ₹220 and sugar cost ₹170. How many rupees of the budget are left?
  16. 16.🔍 Which is the odd one out? (a) card paper (b) a cash box (c) a cloth banner (d) a price board
  17. 17.📒 One-time cost or running cost: sugar? (a) a one-time cost (b) a running cost
  18. 18.Ananya’s stall budget is ₹590. Card paper cost ₹120, napkins cost ₹220 and ribbon cost ₹240. How many rupees of the budget are left?
  19. 19.Which of these is a running cost? (a) a juicer (b) a price board (c) tea leaves and milk (d) a cloth banner
  20. 20.Kavya plans to make 32 handmade cards. Each needs ₹6 of materials, and a banner costs ₹120 once. What total budget is needed (in ₹)?
  21. 21.Tara has a budget of ₹300. The stock costs ₹110 and the stall fee is ₹180. Is the budget enough? (a) No (b) Yes
  22. 22.True or false: “a juicer” is a one-time cost. (a) False (b) True
  23. 23.Which of these is a one-time cost? (a) card paper (b) seeds and soil (c) a price board (d) sugar
  24. 24.True or false: “ice” is a one-time cost. (a) False (b) True
  25. 25.🔍 Which is the odd one out? (a) ice (b) sugar (c) seeds and soil (d) a cash box
  26. 26.Kavya’s stall budget is ₹600. Lemons cost ₹160, card paper cost ₹210 and a price board cost ₹180. How many rupees of the budget are left?
  27. 27.Which of these is a one-time cost? (a) seeds and soil (b) sugar (c) a cash box (d) tea leaves and milk
  28. 28.Zoya’s stall budget is ₹890. Paper cups cost ₹210, pots cost ₹240 and sugar cost ₹180. How many rupees of the budget are left?
  29. 29.Which of these is a running cost? (a) card paper (b) a juicer (c) a cash box (d) a cloth banner
  30. 30.True or false: “tea leaves and milk” is a running cost. (a) True (b) False
  31. 31.Saanvi has ₹120 to spend on rolls of ribbon. One roll of ribbon costs ₹8. What is the greatest number of rolls of ribbon Saanvi can buy?
  32. 32.True or false: “a price board” is a running cost. (a) False (b) True
  33. 33.True or false: “ice” is a running cost. (a) False (b) True
  34. 34.True or false: “card paper” is a one-time cost. (a) True (b) False
  35. 35.🔍 Which is the odd one out? (a) a folding table (b) a cooler box (c) ice (d) a cloth banner
  36. 36.Kavya plans to make 20 painted pebbles. Each needs ₹10 of materials, and a banner costs ₹210 once. What total budget is needed (in ₹)?
  37. 37.📒 One-time cost or running cost: ice? (a) a running cost (b) a one-time cost
  38. 38.Riya has a budget of ₹600. The stock costs ₹60 and the stall fee is ₹590. Is the budget enough? (a) Yes (b) No
  39. 39.Riya plans to make 21 bags of popcorn. Each needs ₹3 of materials, and a banner costs ₹120 once. What total budget is needed (in ₹)?
  40. 40.📒 One-time cost or running cost: card paper? (a) a running cost (b) a one-time cost

Answer key

  1. True
  2. 530
  3. a cloth banner
  4. 170
  5. 240
  6. No
  7. 60
  8. a cooler box
  9. a one-time cost
  10. True
  11. a cooler box
  12. True
  13. paper cups
  14. tea leaves and milk
  15. 40
  16. card paper
  17. a running cost
  18. 10
  19. tea leaves and milk
  20. 312
  21. Yes
  22. True
  23. a price board
  24. False
  25. a cash box
  26. 50
  27. a cash box
  28. 260
  29. card paper
  30. True
  31. 15
  32. False
  33. True
  34. False
  35. ice
  36. 410
  37. a running cost
  38. No
  39. 183
  40. a running cost

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