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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 249 · 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: paper cups? (a) a one-time cost (b) a running cost
  2. 2.True or false: “paper cups” is a one-time cost. (a) True (b) False
  3. 3.True or false: “lemons” is a running cost. (a) True (b) False
  4. 4.📒 One-time cost or running cost: seeds and soil? (a) a running cost (b) a one-time cost
  5. 5.🔍 Which is the odd one out? (a) a cash box (b) ice (c) card paper (d) seeds and soil
  6. 6.Riya has a budget of ₹500. The stock costs ₹180 and the stall fee is ₹300. Is the budget enough? (a) Yes (b) No
  7. 7.Joseph plans to make 21 cups of lemonade. Each needs ₹10 of materials, and a banner costs ₹170 once. What total budget is needed (in ₹)?
  8. 8.🔍 Which is the odd one out? (a) a folding table (b) sugar (c) a juicer (d) a price board
  9. 9.🔍 Which is the odd one out? (a) paper cups (b) tea leaves and milk (c) lemons (d) a cloth banner
  10. 10.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost
  11. 11.Farhan has a budget of ₹1000. The stock costs ₹490 and the stall fee is ₹470. Is the budget enough? (a) Yes (b) No
  12. 12.True or false: “a cloth banner” is a running cost. (a) False (b) True
  13. 13.🔍 Which is the odd one out? (a) a folding table (b) a cloth banner (c) a cash box (d) lemons
  14. 14.Kabir has a budget of ₹800. The stock costs ₹280 and the stall fee is ₹550. Is the budget enough? (a) Yes (b) No
  15. 15.Diya has a budget of ₹400. The stock costs ₹160 and the stall fee is ₹210. Is the budget enough? (a) No (b) Yes
  16. 16.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  17. 17.Which of these is a running cost? (a) sugar (b) a price board (c) a folding table (d) a cash box
  18. 18.Zoya’s stall budget is ₹1110. Seeds cost ₹260, paper cups cost ₹270 and a banner cost ₹300. How many rupees of the budget are left?
  19. 19.True or false: “a cash box” is a running cost. (a) True (b) False
  20. 20.Vihaan has a budget of ₹800. The stock costs ₹390 and the stall fee is ₹430. Is the budget enough? (a) Yes (b) No
  21. 21.🔍 Which is the odd one out? (a) card paper (b) a cooler box (c) a price board (d) a cash box
  22. 22.🔍 Which is the odd one out? (a) a price board (b) seeds and soil (c) a cloth banner (d) a cooler box
  23. 23.🔍 Which is the odd one out? (a) tea leaves and milk (b) a folding table (c) a cloth banner (d) a price board
  24. 24.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost
  25. 25.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
  26. 26.Dev’s stall budget is ₹830. A banner cost ₹300, napkins cost ₹80 and paper cups cost ₹290. How many rupees of the budget are left?
  27. 27.True or false: “ice” is a running cost. (a) False (b) True
  28. 28.True or false: “a juicer” is a one-time cost. (a) True (b) False
  29. 29.Which of these is a running cost? (a) a folding table (b) a juicer (c) tea leaves and milk (d) a price board
  30. 30.Meera has ₹120 to spend on lemons. One lemon costs ₹5. What is the greatest number of lemons Meera can buy?
  31. 31.Riya’s stall budget is ₹630. Paper cups cost ₹200, a price board cost ₹150 and napkins cost ₹40. How many rupees of the budget are left?
  32. 32.🔍 Which is the odd one out? (a) a juicer (b) a price board (c) a folding table (d) ice
  33. 33.Diya plans to make 29 handmade cards. Each needs ₹3 of materials, and a banner costs ₹90 once. What total budget is needed (in ₹)?
  34. 34.Which of these is a running cost? (a) paper cups (b) a cooler box (c) a cloth banner (d) a folding table
  35. 35.Farhan has a budget of ₹300. The stock costs ₹50 and the stall fee is ₹240. Is the budget enough? (a) No (b) Yes
  36. 36.True or false: “a price board” is a one-time cost. (a) True (b) False
  37. 37.🔍 Which is the odd one out? (a) paper cups (b) sugar (c) a juicer (d) seeds and soil
  38. 38.Joseph plans to make 16 cups of lemonade. Each needs ₹2 of materials, and a banner costs ₹290 once. What total budget is needed (in ₹)?
  39. 39.📒 One-time cost or running cost: lemons? (a) a one-time cost (b) a running cost
  40. 40.Which of these is a one-time cost? (a) a cloth banner (b) lemons (c) sugar (d) tea leaves and milk

Answer key

  1. a running cost
  2. False
  3. True
  4. a running cost
  5. a cash box
  6. Yes
  7. 380
  8. sugar
  9. a cloth banner
  10. a one-time cost
  11. Yes
  12. False
  13. lemons
  14. No
  15. Yes
  16. a one-time cost
  17. sugar
  18. 280
  19. False
  20. No
  21. card paper
  22. seeds and soil
  23. tea leaves and milk
  24. a one-time cost
  25. a one-time cost
  26. 160
  27. True
  28. True
  29. tea leaves and milk
  30. 24
  31. 240
  32. ice
  33. 177
  34. paper cups
  35. Yes
  36. True
  37. a juicer
  38. 322
  39. a running cost
  40. a cloth banner

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