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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 277 · 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 running cost? (a) tea leaves and milk (b) a price board (c) a juicer (d) a cooler box
  2. 2.Which of these is a one-time cost? (a) lemons (b) paper cups (c) seeds and soil (d) a cloth banner
  3. 3.True or false: “a cloth banner” is a one-time cost. (a) True (b) False
  4. 4.Ananya has ₹350 to spend on sheets of card paper. One sheet of card paper costs ₹4. What is the greatest number of sheets of card paper Ananya can buy?
  5. 5.🔍 Which is the odd one out? (a) a folding table (b) a cash box (c) sugar (d) a juicer
  6. 6.🔍 Which is the odd one out? (a) a cloth banner (b) a folding table (c) seeds and soil (d) a price board
  7. 7.Which of these is a one-time cost? (a) paper cups (b) a folding table (c) sugar (d) lemons
  8. 8.Vihaan has a budget of ₹700. The stock costs ₹70 and the stall fee is ₹640. Is the budget enough? (a) No (b) Yes
  9. 9.Which of these is a one-time cost? (a) card paper (b) seeds and soil (c) sugar (d) a cooler box
  10. 10.Ananya has a budget of ₹800. The stock costs ₹200 and the stall fee is ₹570. Is the budget enough? (a) Yes (b) No
  11. 11.True or false: “card paper” is a running cost. (a) False (b) True
  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 cash box (b) a cloth banner (c) card paper (d) a folding table
  14. 14.True or false: “lemons” is a one-time cost. (a) False (b) True
  15. 15.Tara’s stall budget is ₹300. Paper cups cost ₹30, seeds cost ₹80 and pots cost ₹90. 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.True or false: “ice” is a running cost. (a) False (b) True
  18. 18.Meera’s stall budget is ₹560. A banner cost ₹140, seeds cost ₹50 and a price board cost ₹140. How many rupees of the budget are left?
  19. 19.📒 One-time cost or running cost: lemons? (a) a running cost (b) a one-time cost
  20. 20.Nisha plans to make 20 glasses of chai. Each needs ₹2 of materials, and a banner costs ₹80 once. What total budget is needed (in ₹)?
  21. 21.Tara has a budget of ₹700. The stock costs ₹150 and the stall fee is ₹510. Is the budget enough? (a) Yes (b) No
  22. 22.True or false: “tea leaves and milk” is a one-time cost. (a) True (b) False
  23. 23.Nisha’s stall budget is ₹570. Sugar cost ₹40, card paper cost ₹300 and a banner cost ₹90. How many rupees of the budget are left?
  24. 24.🔍 Which is the odd one out? (a) a cloth banner (b) a juicer (c) a folding table (d) lemons
  25. 25.True or false: “card paper” is a one-time cost. (a) True (b) False
  26. 26.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost
  27. 27.True or false: “a folding table” is a one-time cost. (a) True (b) False
  28. 28.Nisha’s stall budget is ₹690. Pots cost ₹240, lemons cost ₹40 and sugar cost ₹120. How many rupees of the budget are left?
  29. 29.📒 One-time cost or running cost: ice? (a) a one-time cost (b) a running cost
  30. 30.🔍 Which is the odd one out? (a) a cash box (b) a cooler box (c) ice (d) a cloth banner
  31. 31.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
  32. 32.🔍 Which is the odd one out? (a) sugar (b) card paper (c) tea leaves and milk (d) a folding table
  33. 33.📒 One-time cost or running cost: card paper? (a) a one-time cost (b) a running cost
  34. 34.Ananya plans to make 40 clay diyas. Each needs ₹6 of materials, and a banner costs ₹100 once. What total budget is needed (in ₹)?
  35. 35.True or false: “seeds and soil” is a one-time cost. (a) False (b) True
  36. 36.Vihaan has ₹200 to spend on sheets of card paper. One sheet of card paper costs ₹5. What is the greatest number of sheets of card paper Vihaan can buy?
  37. 37.🔍 Which is the odd one out? (a) a cloth banner (b) sugar (c) ice (d) card paper
  38. 38.Vihaan plans to make 29 cups of lemonade. Each needs ₹8 of materials, and a banner costs ₹80 once. What total budget is needed (in ₹)?
  39. 39.Saanvi has a budget of ₹700. The stock costs ₹90 and the stall fee is ₹580. Is the budget enough? (a) Yes (b) No
  40. 40.Which of these is a running cost? (a) a price board (b) a cloth banner (c) seeds and soil (d) a juicer

Answer key

  1. tea leaves and milk
  2. a cloth banner
  3. True
  4. 87
  5. sugar
  6. seeds and soil
  7. a folding table
  8. No
  9. a cooler box
  10. Yes
  11. True
  12. False
  13. card paper
  14. False
  15. 100
  16. a running cost
  17. True
  18. 230
  19. a running cost
  20. 120
  21. Yes
  22. False
  23. 140
  24. lemons
  25. False
  26. a one-time cost
  27. True
  28. 290
  29. a running cost
  30. ice
  31. a running cost
  32. a folding table
  33. a running cost
  34. 340
  35. False
  36. 40
  37. a cloth banner
  38. 312
  39. Yes
  40. seeds and soil

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