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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 157 · 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) True (b) False
  2. 2.Which of these is a one-time cost? (a) ice (b) a cooler box (c) card paper (d) tea leaves and milk
  3. 3.Which of these is a running cost? (a) a cloth banner (b) a juicer (c) a folding table (d) ice
  4. 4.Aarav’s stall budget is ₹580. Ribbon cost ₹270, pots cost ₹50 and paper cups cost ₹180. How many rupees of the budget are left?
  5. 5.Vihaan has ₹80 to spend on packets of seeds. One packet of seeds costs ₹6. What is the greatest number of packets of seeds Vihaan can buy?
  6. 6.Which of these is a one-time cost? (a) a folding table (b) paper cups (c) card paper (d) lemons
  7. 7.📒 One-time cost or running cost: a cash box? (a) a one-time cost (b) a running cost
  8. 8.Ishaan has a budget of ₹600. The stock costs ₹150 and the stall fee is ₹450. Is the budget enough? (a) Yes (b) No
  9. 9.📒 One-time cost or running cost: card paper? (a) a running cost (b) a one-time cost
  10. 10.True or false: “paper cups” is a one-time cost. (a) True (b) False
  11. 11.🔍 Which is the odd one out? (a) sugar (b) a price board (c) a cloth banner (d) a cooler box
  12. 12.True or false: “a cloth banner” is a one-time cost. (a) True (b) False
  13. 13.Aarav’s stall budget is ₹440. Paper cups cost ₹190, ribbon cost ₹100 and sugar cost ₹60. How many rupees of the budget are left?
  14. 14.Nisha plans to make 15 jute bags. Each needs ₹4 of materials, and a banner costs ₹240 once. What total budget is needed (in ₹)?
  15. 15.Kabir’s stall budget is ₹480. Sugar cost ₹30, paper cups cost ₹80 and pots cost ₹180. How many rupees of the budget are left?
  16. 16.📒 One-time cost or running cost: paper cups? (a) a running cost (b) a one-time cost
  17. 17.Which of these is a one-time cost? (a) card paper (b) paper cups (c) a juicer (d) tea leaves and milk
  18. 18.Kabir’s stall budget is ₹950. Card paper cost ₹300, napkins cost ₹260 and a price board cost ₹210. How many rupees of the budget are left?
  19. 19.True or false: “a cash box” is a one-time cost. (a) False (b) True
  20. 20.Dev plans to make 46 cups of lemonade. Each needs ₹2 of materials, and a banner costs ₹280 once. What total budget is needed (in ₹)?
  21. 21.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost
  22. 22.Which of these is a one-time cost? (a) seeds and soil (b) card paper (c) lemons (d) a price board
  23. 23.True or false: “a juicer” is a running cost. (a) True (b) False
  24. 24.True or false: “seeds and soil” is a running cost. (a) True (b) False
  25. 25.Arjun plans to make 32 potted plants. Each needs ₹9 of materials, and a banner costs ₹230 once. What total budget is needed (in ₹)?
  26. 26.Rohan’s stall budget is ₹730. Ribbon cost ₹160, card paper cost ₹270 and a banner cost ₹40. How many rupees of the budget are left?
  27. 27.📒 One-time cost or running cost: a cloth banner? (a) a one-time cost (b) a running cost
  28. 28.Meera plans to make 28 cupcakes. Each needs ₹5 of materials, and a banner costs ₹200 once. What total budget is needed (in ₹)?
  29. 29.Diya has ₹60 to spend on packets of seeds. One packet of seeds costs ₹4. What is the greatest number of packets of seeds Diya can buy?
  30. 30.Which of these is a running cost? (a) a cooler box (b) a juicer (c) tea leaves and milk (d) a folding table
  31. 31.Zoya has a budget of ₹400. The stock costs ₹140 and the stall fee is ₹300. Is the budget enough? (a) No (b) Yes
  32. 32.🔍 Which is the odd one out? (a) ice (b) a cooler box (c) seeds and soil (d) paper cups
  33. 33.Which of these is a one-time cost? (a) sugar (b) ice (c) card paper (d) a cash box
  34. 34.Which of these is a running cost? (a) a juicer (b) seeds and soil (c) a folding table (d) a cloth banner
  35. 35.True or false: “a folding table” is a one-time cost. (a) False (b) True
  36. 36.True or false: “sugar” is a one-time cost. (a) True (b) False
  37. 37.Kavya has a budget of ₹300. The stock costs ₹140 and the stall fee is ₹150. Is the budget enough? (a) Yes (b) No
  38. 38.🔍 Which is the odd one out? (a) a cash box (b) a folding table (c) card paper (d) a juicer
  39. 39.🔍 Which is the odd one out? (a) lemons (b) seeds and soil (c) a price board (d) card paper
  40. 40.📒 One-time cost or running cost: ice? (a) a one-time cost (b) a running cost

Answer key

  1. False
  2. a cooler box
  3. ice
  4. 80
  5. 13
  6. a folding table
  7. a one-time cost
  8. Yes
  9. a running cost
  10. False
  11. sugar
  12. True
  13. 90
  14. 300
  15. 190
  16. a running cost
  17. a juicer
  18. 180
  19. True
  20. 372
  21. a one-time cost
  22. a price board
  23. False
  24. True
  25. 518
  26. 260
  27. a one-time cost
  28. 340
  29. 15
  30. tea leaves and milk
  31. No
  32. a cooler box
  33. a cash box
  34. seeds and soil
  35. True
  36. False
  37. Yes
  38. card paper
  39. a price board
  40. a running cost

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