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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 269 · 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) a cash box (c) sugar (d) ice
  2. 2.Lakshmi has a budget of ₹500. The stock costs ₹160 and the stall fee is ₹360. Is the budget enough? (a) Yes (b) No
  3. 3.📒 One-time cost or running cost: a cloth banner? (a) a one-time cost (b) a running cost
  4. 4.Diya has a budget of ₹900. The stock costs ₹100 and the stall fee is ₹820. Is the budget enough? (a) Yes (b) No
  5. 5.🔍 Which is the odd one out? (a) sugar (b) a juicer (c) ice (d) lemons
  6. 6.True or false: “lemons” is a one-time cost. (a) False (b) True
  7. 7.Diya has ₹150 to spend on sheets of card paper. One sheet of card paper costs ₹12. What is the greatest number of sheets of card paper Diya can buy?
  8. 8.🔍 Which is the odd one out? (a) a cooler box (b) a cash box (c) a price board (d) card paper
  9. 9.Aarav has ₹360 to spend on packets of seeds. One packet of seeds costs ₹20. What is the greatest number of packets of seeds Aarav can buy?
  10. 10.True or false: “a cash box” is a running cost. (a) True (b) False
  11. 11.🔍 Which is the odd one out? (a) a cooler box (b) a cloth banner (c) ice (d) a price board
  12. 12.Which of these is a running cost? (a) a cooler box (b) a cash box (c) a juicer (d) lemons
  13. 13.True or false: “a folding table” is a running cost. (a) False (b) True
  14. 14.Nisha’s stall budget is ₹620. Pots cost ₹110, a banner cost ₹240 and ribbon cost ₹190. How many rupees of the budget are left?
  15. 15.Nisha has ₹180 to spend on rolls of ribbon. One roll of ribbon costs ₹12. What is the greatest number of rolls of ribbon Nisha can buy?
  16. 16.Gurpreet’s stall budget is ₹640. Ribbon cost ₹80, napkins cost ₹220 and sugar cost ₹200. How many rupees of the budget are left?
  17. 17.📒 One-time cost or running cost: a cooler box? (a) a one-time cost (b) a running cost
  18. 18.🔍 Which is the odd one out? (a) card paper (b) tea leaves and milk (c) a cash box (d) sugar
  19. 19.True or false: “seeds and soil” is a running cost. (a) False (b) True
  20. 20.True or false: “a cash box” is a one-time cost. (a) False (b) True
  21. 21.📒 One-time cost or running cost: card paper? (a) a one-time cost (b) a running cost
  22. 22.True or false: “tea leaves and milk” is a one-time cost. (a) True (b) False
  23. 23.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  24. 24.Ishaan’s stall budget is ₹850. Sugar cost ₹290, a banner cost ₹130 and a price board cost ₹140. How many rupees of the budget are left?
  25. 25.Which of these is a one-time cost? (a) sugar (b) paper cups (c) a folding table (d) seeds and soil
  26. 26.Ananya has ₹180 to spend on rolls of ribbon. One roll of ribbon costs ₹5. What is the greatest number of rolls of ribbon Ananya can buy?
  27. 27.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
  28. 28.Ishaan’s stall budget is ₹700. Sugar cost ₹120, a price board cost ₹190 and a banner cost ₹300. How many rupees of the budget are left?
  29. 29.🔍 Which is the odd one out? (a) a juicer (b) a cloth banner (c) a cooler box (d) paper cups
  30. 30.🔍 Which is the odd one out? (a) card paper (b) lemons (c) paper cups (d) a cloth banner
  31. 31.📒 One-time cost or running cost: sugar? (a) a running cost (b) a one-time cost
  32. 32.Meera’s stall budget is ₹820. Pots cost ₹230, a price board cost ₹200 and sugar cost ₹240. How many rupees of the budget are left?
  33. 33.🔍 Which is the odd one out? (a) card paper (b) paper cups (c) ice (d) a price board
  34. 34.🔍 Which is the odd one out? (a) paper cups (b) lemons (c) sugar (d) a folding table
  35. 35.Meera plans to make 26 cups of lemonade. Each needs ₹7 of materials, and a banner costs ₹70 once. What total budget is needed (in ₹)?
  36. 36.Ishaan has ₹120 to spend on packs of cups. One pack of cups costs ₹10. What is the greatest number of packs of cups Ishaan can buy?
  37. 37.Which of these is a running cost? (a) a cooler box (b) a cloth banner (c) a price board (d) paper cups
  38. 38.🔍 Which is the odd one out? (a) a cooler box (b) a juicer (c) a cash box (d) seeds and soil
  39. 39.True or false: “paper cups” is a one-time cost. (a) False (b) True
  40. 40.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost

Answer key

  1. a cash box
  2. No
  3. a one-time cost
  4. No
  5. a juicer
  6. False
  7. 12
  8. card paper
  9. 18
  10. False
  11. ice
  12. lemons
  13. False
  14. 80
  15. 15
  16. 140
  17. a one-time cost
  18. a cash box
  19. True
  20. True
  21. a running cost
  22. False
  23. a one-time cost
  24. 290
  25. a folding table
  26. 36
  27. a running cost
  28. 90
  29. paper cups
  30. a cloth banner
  31. a running cost
  32. 150
  33. a price board
  34. a folding table
  35. 252
  36. 12
  37. paper cups
  38. seeds and soil
  39. False
  40. a one-time cost

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