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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 109 · 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) a cloth banner (c) card paper (d) a price board
  2. 2.Which of these is a one-time cost? (a) ice (b) a folding table (c) lemons (d) seeds and soil
  3. 3.Which of these is a running cost? (a) a cloth banner (b) lemons (c) a price board (d) a cash box
  4. 4.Aarav has ₹80 to spend on sheets of card paper. One sheet of card paper costs ₹4. What is the greatest number of sheets of card paper Aarav can buy?
  5. 5.Which of these is a one-time cost? (a) a cash box (b) paper cups (c) tea leaves and milk (d) seeds and soil
  6. 6.Which of these is a one-time cost? (a) a juicer (b) card paper (c) lemons (d) seeds and soil
  7. 7.Lakshmi’s stall budget is ₹720. Napkins cost ₹270, a price board cost ₹110 and pots cost ₹280. How many rupees of the budget are left?
  8. 8.Vihaan’s stall budget is ₹320. Paper cups cost ₹140, card paper cost ₹130 and sugar cost ₹40. How many rupees of the budget are left?
  9. 9.🔍 Which is the odd one out? (a) tea leaves and milk (b) a price board (c) ice (d) seeds and soil
  10. 10.Riya’s stall budget is ₹480. Seeds cost ₹150, ribbon cost ₹250 and a price board cost ₹40. How many rupees of the budget are left?
  11. 11.🔍 Which is the odd one out? (a) a cooler box (b) seeds and soil (c) a price board (d) a folding table
  12. 12.Meera plans to make 25 friendship bands. Each needs ₹5 of materials, and a banner costs ₹70 once. What total budget is needed (in ₹)?
  13. 13.📒 One-time cost or running cost: sugar? (a) a one-time cost (b) a running cost
  14. 14.Which of these is a running cost? (a) a folding table (b) a cash box (c) tea leaves and milk (d) a cloth banner
  15. 15.Rohan plans to make 15 handmade cards. Each needs ₹4 of materials, and a banner costs ₹140 once. What total budget is needed (in ₹)?
  16. 16.Ishaan plans to make 35 glasses of chai. Each needs ₹3 of materials, and a banner costs ₹280 once. What total budget is needed (in ₹)?
  17. 17.True or false: “a cash box” is a running cost. (a) False (b) True
  18. 18.Dev has a budget of ₹700. The stock costs ₹130 and the stall fee is ₹600. Is the budget enough? (a) Yes (b) No
  19. 19.📒 One-time cost or running cost: ice? (a) a one-time cost (b) a running cost
  20. 20.📒 One-time cost or running cost: seeds and soil? (a) a running cost (b) a one-time cost
  21. 21.True or false: “a cooler box” is a one-time cost. (a) False (b) True
  22. 22.🔍 Which is the odd one out? (a) sugar (b) a cash box (c) a juicer (d) a price board
  23. 23.Zoya plans to make 19 bags of popcorn. Each needs ₹10 of materials, and a banner costs ₹150 once. What total budget is needed (in ₹)?
  24. 24.Rohan plans to make 28 bags of popcorn. Each needs ₹6 of materials, and a banner costs ₹70 once. What total budget is needed (in ₹)?
  25. 25.Which of these is a one-time cost? (a) seeds and soil (b) a price board (c) ice (d) lemons
  26. 26.True or false: “paper cups” is a running cost. (a) False (b) True
  27. 27.📒 One-time cost or running cost: card paper? (a) a one-time cost (b) a running cost
  28. 28.🔍 Which is the odd one out? (a) a price board (b) lemons (c) a juicer (d) a cooler box
  29. 29.True or false: “lemons” is a running cost. (a) False (b) True
  30. 30.Kavya’s stall budget is ₹740. Ribbon cost ₹190, pots cost ₹290 and napkins cost ₹220. How many rupees of the budget are left?
  31. 31.Arjun plans to make 37 cups of lemonade. Each needs ₹8 of materials, and a banner costs ₹50 once. What total budget is needed (in ₹)?
  32. 32.🔍 Which is the odd one out? (a) seeds and soil (b) tea leaves and milk (c) ice (d) a cooler box
  33. 33.Kabir has a budget of ₹500. The stock costs ₹60 and the stall fee is ₹460. Is the budget enough? (a) Yes (b) No
  34. 34.Which of these is a running cost? (a) a cloth banner (b) seeds and soil (c) a price board (d) a folding table
  35. 35.Saanvi plans to make 37 fruit cups. Each needs ₹2 of materials, and a banner costs ₹120 once. What total budget is needed (in ₹)?
  36. 36.🔍 Which is the odd one out? (a) a juicer (b) sugar (c) lemons (d) card paper
  37. 37.True or false: “seeds and soil” is a running cost. (a) True (b) False
  38. 38.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost
  39. 39.True or false: “a cooler box” is a running cost. (a) True (b) False
  40. 40.📒 One-time cost or running cost: paper cups? (a) a one-time cost (b) a running cost

Answer key

  1. card paper
  2. a folding table
  3. lemons
  4. 20
  5. a cash box
  6. a juicer
  7. 60
  8. 10
  9. a price board
  10. 40
  11. seeds and soil
  12. 195
  13. a running cost
  14. tea leaves and milk
  15. 200
  16. 385
  17. False
  18. No
  19. a running cost
  20. a running cost
  21. True
  22. sugar
  23. 340
  24. 238
  25. a price board
  26. True
  27. a running cost
  28. lemons
  29. True
  30. 40
  31. 346
  32. a cooler box
  33. No
  34. seeds and soil
  35. 194
  36. a juicer
  37. True
  38. a one-time cost
  39. False
  40. a running cost

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