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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 225 · 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.📒 One-time cost or running cost: ice? (a) a running cost (b) a one-time cost
  2. 2.📒 One-time cost or running cost: tea leaves and milk? (a) a running cost (b) a one-time cost
  3. 3.🔍 Which is the odd one out? (a) paper cups (b) lemons (c) ice (d) a folding table
  4. 4.Aarav has a budget of ₹700. The stock costs ₹250 and the stall fee is ₹410. Is the budget enough? (a) No (b) Yes
  5. 5.True or false: “sugar” is a running cost. (a) False (b) True
  6. 6.📒 One-time cost or running cost: card paper? (a) a running cost (b) a one-time cost
  7. 7.True or false: “a price board” is a one-time cost. (a) False (b) True
  8. 8.🔍 Which is the odd one out? (a) a juicer (b) a cloth banner (c) card paper (d) a folding table
  9. 9.Which of these is a one-time cost? (a) a folding table (b) ice (c) card paper (d) lemons
  10. 10.True or false: “a folding table” is a running cost. (a) False (b) True
  11. 11.🔍 Which is the odd one out? (a) lemons (b) ice (c) a cloth banner (d) card paper
  12. 12.Nisha has a budget of ₹500. The stock costs ₹160 and the stall fee is ₹340. Is the budget enough? (a) No (b) Yes
  13. 13.Vihaan’s stall budget is ₹680. A price board cost ₹150, a banner cost ₹220 and sugar cost ₹60. How many rupees of the budget are left?
  14. 14.🔍 Which is the odd one out? (a) card paper (b) a juicer (c) tea leaves and milk (d) lemons
  15. 15.True or false: “a folding table” is a one-time cost. (a) False (b) True
  16. 16.Which of these is a running cost? (a) a juicer (b) a cooler box (c) paper cups (d) a folding table
  17. 17.Gurpreet has ₹370 to spend on lemons. One lemon costs ₹5. What is the greatest number of lemons Gurpreet can buy?
  18. 18.True or false: “sugar” is a one-time cost. (a) True (b) False
  19. 19.Which of these is a one-time cost? (a) seeds and soil (b) card paper (c) lemons (d) a cloth banner
  20. 20.Joseph plans to make 31 bags of popcorn. Each needs ₹8 of materials, and a banner costs ₹130 once. What total budget is needed (in ₹)?
  21. 21.Aarav plans to make 37 potted plants. Each needs ₹9 of materials, and a banner costs ₹80 once. What total budget is needed (in ₹)?
  22. 22.📒 One-time cost or running cost: a cash box? (a) a one-time cost (b) a running cost
  23. 23.Meera has a budget of ₹500. The stock costs ₹130 and the stall fee is ₹370. Is the budget enough? (a) Yes (b) No
  24. 24.Vihaan has ₹260 to spend on sheets of card paper. One sheet of card paper costs ₹12. What is the greatest number of sheets of card paper Vihaan can buy?
  25. 25.📒 One-time cost or running cost: seeds and soil? (a) a running cost (b) a one-time cost
  26. 26.Joseph has ₹480 to spend on packs of cups. One pack of cups costs ₹4. What is the greatest number of packs of cups Joseph can buy?
  27. 27.🔍 Which is the odd one out? (a) a cloth banner (b) a folding table (c) paper cups (d) a price board
  28. 28.Which of these is a running cost? (a) a price board (b) a folding table (c) seeds and soil (d) a cash box
  29. 29.Farhan has a budget of ₹1000. The stock costs ₹230 and the stall fee is ₹780. Is the budget enough? (a) Yes (b) No
  30. 30.Meera plans to make 15 friendship bands. Each needs ₹6 of materials, and a banner costs ₹140 once. What total budget is needed (in ₹)?
  31. 31.Diya has a budget of ₹900. The stock costs ₹390 and the stall fee is ₹500. Is the budget enough? (a) Yes (b) No
  32. 32.True or false: “a cooler box” is a running cost. (a) True (b) False
  33. 33.🔍 Which is the odd one out? (a) a cloth banner (b) a cooler box (c) a juicer (d) lemons
  34. 34.Which of these is a one-time cost? (a) card paper (b) tea leaves and milk (c) a price board (d) paper cups
  35. 35.Which of these is a one-time cost? (a) a juicer (b) seeds and soil (c) card paper (d) paper cups
  36. 36.🔍 Which is the odd one out? (a) card paper (b) tea leaves and milk (c) lemons (d) a cash box
  37. 37.Saanvi has a budget of ₹900. The stock costs ₹270 and the stall fee is ₹620. Is the budget enough? (a) No (b) Yes
  38. 38.True or false: “seeds and soil” is a running cost. (a) True (b) False
  39. 39.Ishaan has ₹480 to spend on packets of seeds. One packet of seeds costs ₹10. What is the greatest number of packets of seeds Ishaan can buy?
  40. 40.True or false: “a cash box” is a running cost. (a) True (b) False

Answer key

  1. a running cost
  2. a running cost
  3. a folding table
  4. Yes
  5. True
  6. a running cost
  7. True
  8. card paper
  9. a folding table
  10. False
  11. a cloth banner
  12. Yes
  13. 250
  14. a juicer
  15. True
  16. paper cups
  17. 74
  18. False
  19. a cloth banner
  20. 378
  21. 413
  22. a one-time cost
  23. Yes
  24. 21
  25. a running cost
  26. 120
  27. paper cups
  28. seeds and soil
  29. No
  30. 230
  31. Yes
  32. False
  33. lemons
  34. a price board
  35. a juicer
  36. a cash box
  37. Yes
  38. True
  39. 48
  40. False

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