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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 155 · 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: “a cash box” is a running cost. (a) False (b) True
  2. 2.📒 One-time cost or running cost: seeds and soil? (a) a one-time cost (b) a running cost
  3. 3.Joseph’s stall budget is ₹450. Seeds cost ₹100, ribbon cost ₹230 and a banner cost ₹40. How many rupees of the budget are left?
  4. 4.🔍 Which is the odd one out? (a) ice (b) sugar (c) paper cups (d) a folding table
  5. 5.Which of these is a running cost? (a) lemons (b) a cooler box (c) a cloth banner (d) a folding table
  6. 6.Which of these is a one-time cost? (a) seeds and soil (b) a cooler box (c) lemons (d) paper cups
  7. 7.📒 One-time cost or running cost: lemons? (a) a one-time cost (b) a running cost
  8. 8.Gurpreet plans to make 41 potted plants. Each needs ₹10 of materials, and a banner costs ₹240 once. What total budget is needed (in ₹)?
  9. 9.🔍 Which is the odd one out? (a) a cloth banner (b) ice (c) tea leaves and milk (d) lemons
  10. 10.Ananya has ₹300 to spend on packets of seeds. One packet of seeds costs ₹12. What is the greatest number of packets of seeds Ananya can buy?
  11. 11.📒 One-time cost or running cost: a price board? (a) a one-time cost (b) a running cost
  12. 12.Farhan’s stall budget is ₹590. Sugar cost ₹260, a price board cost ₹170 and napkins cost ₹150. How many rupees of the budget are left?
  13. 13.Tara plans to make 15 bags of popcorn. Each needs ₹3 of materials, and a banner costs ₹90 once. What total budget is needed (in ₹)?
  14. 14.📒 One-time cost or running cost: a cash box? (a) a one-time cost (b) a running cost
  15. 15.Diya plans to make 46 bags of popcorn. Each needs ₹9 of materials, and a banner costs ₹210 once. What total budget is needed (in ₹)?
  16. 16.📒 One-time cost or running cost: a cloth banner? (a) a one-time cost (b) a running cost
  17. 17.📒 One-time cost or running cost: card paper? (a) a running cost (b) a one-time cost
  18. 18.Which of these is a running cost? (a) a price board (b) paper cups (c) a cooler box (d) a folding table
  19. 19.Tara has a budget of ₹800. The stock costs ₹60 and the stall fee is ₹700. Is the budget enough? (a) Yes (b) No
  20. 20.🔍 Which is the odd one out? (a) a cooler box (b) seeds and soil (c) a price board (d) a juicer
  21. 21.Kabir has a budget of ₹1000. The stock costs ₹430 and the stall fee is ₹600. Is the budget enough? (a) No (b) Yes
  22. 22.Saanvi has a budget of ₹500. The stock costs ₹230 and the stall fee is ₹250. Is the budget enough? (a) No (b) Yes
  23. 23.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
  24. 24.🔍 Which is the odd one out? (a) lemons (b) seeds and soil (c) a cash box (d) card paper
  25. 25.🔍 Which is the odd one out? (a) a cooler box (b) a folding table (c) a cash box (d) card paper
  26. 26.True or false: “a cash box” is a one-time cost. (a) True (b) False
  27. 27.True or false: “a cloth banner” is a running cost. (a) False (b) True
  28. 28.True or false: “ice” is a one-time cost. (a) False (b) True
  29. 29.🔍 Which is the odd one out? (a) lemons (b) card paper (c) tea leaves and milk (d) a juicer
  30. 30.Joseph has ₹60 to spend on rolls of ribbon. One roll of ribbon costs ₹12. What is the greatest number of rolls of ribbon Joseph can buy?
  31. 31.Kavya has ₹500 to spend on sheets of card paper. One sheet of card paper costs ₹4. What is the greatest number of sheets of card paper Kavya can buy?
  32. 32.Arjun has a budget of ₹300. The stock costs ₹130 and the stall fee is ₹170. Is the budget enough? (a) No (b) Yes
  33. 33.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  34. 34.Gurpreet has ₹100 to spend on rolls of ribbon. One roll of ribbon costs ₹20. What is the greatest number of rolls of ribbon Gurpreet can buy?
  35. 35.True or false: “a price board” is a running cost. (a) False (b) True
  36. 36.Which of these is a running cost? (a) seeds and soil (b) a cloth banner (c) a price board (d) a cash box
  37. 37.Ishaan has a budget of ₹600. The stock costs ₹230 and the stall fee is ₹370. Is the budget enough? (a) Yes (b) No
  38. 38.Ananya plans to make 37 paper bookmarks. Each needs ₹3 of materials, and a banner costs ₹260 once. What total budget is needed (in ₹)?
  39. 39.🔍 Which is the odd one out? (a) tea leaves and milk (b) paper cups (c) a cooler box (d) card paper
  40. 40.🔍 Which is the odd one out? (a) a price board (b) ice (c) a cloth banner (d) a cooler box

Answer key

  1. False
  2. a running cost
  3. 80
  4. a folding table
  5. lemons
  6. a cooler box
  7. a running cost
  8. 650
  9. a cloth banner
  10. 25
  11. a one-time cost
  12. 10
  13. 135
  14. a one-time cost
  15. 624
  16. a one-time cost
  17. a running cost
  18. paper cups
  19. Yes
  20. seeds and soil
  21. No
  22. Yes
  23. a one-time cost
  24. a cash box
  25. card paper
  26. True
  27. False
  28. False
  29. a juicer
  30. 5
  31. 125
  32. Yes
  33. a one-time cost
  34. 5
  35. False
  36. seeds and soil
  37. Yes
  38. 371
  39. a cooler box
  40. ice

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