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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 255 · 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 one-time cost? (a) paper cups (b) lemons (c) seeds and soil (d) a price board
  2. 2.Zoya has a budget of ₹300. The stock costs ₹140 and the stall fee is ₹140. Is the budget enough? (a) No (b) Yes
  3. 3.🔍 Which is the odd one out? (a) lemons (b) a cloth banner (c) sugar (d) paper cups
  4. 4.🔍 Which is the odd one out? (a) a cash box (b) sugar (c) a cooler box (d) a cloth banner
  5. 5.🔍 Which is the odd one out? (a) seeds and soil (b) a juicer (c) a folding table (d) a cloth banner
  6. 6.📒 One-time cost or running cost: a cloth banner? (a) a one-time cost (b) a running cost
  7. 7.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  8. 8.Aarav plans to make 43 cups of lemonade. Each needs ₹8 of materials, and a banner costs ₹50 once. What total budget is needed (in ₹)?
  9. 9.True or false: “seeds and soil” is a one-time cost. (a) True (b) False
  10. 10.Nisha’s stall budget is ₹780. A banner cost ₹180, lemons cost ₹140 and seeds cost ₹220. How many rupees of the budget are left?
  11. 11.Which of these is a one-time cost? (a) ice (b) lemons (c) a cooler box (d) sugar
  12. 12.Riya’s stall budget is ₹470. Ribbon cost ₹280, paper cups cost ₹160 and pots cost ₹20. How many rupees of the budget are left?
  13. 13.🔍 Which is the odd one out? (a) a juicer (b) ice (c) a price board (d) a folding table
  14. 14.Nisha’s stall budget is ₹650. Pots cost ₹170, a banner cost ₹250 and sugar cost ₹130. How many rupees of the budget are left?
  15. 15.True or false: “tea leaves and milk” is a one-time cost. (a) True (b) False
  16. 16.Meera’s stall budget is ₹880. Lemons cost ₹230, ribbon cost ₹270 and paper cups cost ₹210. How many rupees of the budget are left?
  17. 17.True or false: “a cash box” is a running cost. (a) True (b) False
  18. 18.Meera’s stall budget is ₹560. Paper cups cost ₹20, pots cost ₹80 and napkins cost ₹210. How many rupees of the budget are left?
  19. 19.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost
  20. 20.📒 One-time cost or running cost: paper cups? (a) a running cost (b) a one-time cost
  21. 21.🔍 Which is the odd one out? (a) sugar (b) tea leaves and milk (c) seeds and soil (d) a cooler box
  22. 22.True or false: “sugar” is a running cost. (a) True (b) False
  23. 23.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
  24. 24.True or false: “a cooler box” is a one-time cost. (a) False (b) True
  25. 25.Nisha has ₹340 to spend on packs of cups. One pack of cups costs ₹10. What is the greatest number of packs of cups Nisha can buy?
  26. 26.Vihaan plans to make 16 glasses of chai. Each needs ₹7 of materials, and a banner costs ₹90 once. What total budget is needed (in ₹)?
  27. 27.🔍 Which is the odd one out? (a) a juicer (b) a folding table (c) card paper (d) a cooler box
  28. 28.Which of these is a running cost? (a) a cash box (b) paper cups (c) a juicer (d) a cloth banner
  29. 29.🔍 Which is the odd one out? (a) paper cups (b) a juicer (c) a folding table (d) a cash box
  30. 30.Riya has a budget of ₹700. The stock costs ₹60 and the stall fee is ₹620. Is the budget enough? (a) Yes (b) No
  31. 31.Which of these is a running cost? (a) a juicer (b) a folding table (c) seeds and soil (d) a price board
  32. 32.🔍 Which is the odd one out? (a) a folding table (b) lemons (c) a cooler box (d) a cloth banner
  33. 33.Zoya plans to make 13 potted plants. Each needs ₹7 of materials, and a banner costs ₹120 once. What total budget is needed (in ₹)?
  34. 34.Diya has ₹110 to spend on packets of seeds. One packet of seeds costs ₹8. What is the greatest number of packets of seeds Diya can buy?
  35. 35.Which of these is a running cost? (a) a cash box (b) a folding table (c) a juicer (d) lemons
  36. 36.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
  37. 37.Which of these is a running cost? (a) ice (b) a cloth banner (c) a folding table (d) a cooler box
  38. 38.📒 One-time cost or running cost: sugar? (a) a one-time cost (b) a running cost
  39. 39.Meera has ₹60 to spend on packets of seeds. One packet of seeds costs ₹12. What is the greatest number of packets of seeds Meera can buy?
  40. 40.🔍 Which is the odd one out? (a) a cash box (b) a juicer (c) tea leaves and milk (d) a cloth banner

Answer key

  1. a price board
  2. Yes
  3. a cloth banner
  4. sugar
  5. seeds and soil
  6. a one-time cost
  7. a one-time cost
  8. 394
  9. False
  10. 240
  11. a cooler box
  12. 10
  13. ice
  14. 100
  15. False
  16. 170
  17. False
  18. 250
  19. a one-time cost
  20. a running cost
  21. a cooler box
  22. True
  23. a one-time cost
  24. True
  25. 34
  26. 202
  27. card paper
  28. paper cups
  29. paper cups
  30. Yes
  31. seeds and soil
  32. lemons
  33. 211
  34. 13
  35. lemons
  36. a running cost
  37. ice
  38. a running cost
  39. 5
  40. tea leaves and milk

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