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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 280 · 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) lemons
  2. 2.Nisha plans to make 22 glasses of chai. Each needs ₹10 of materials, and a banner costs ₹300 once. What total budget is needed (in ₹)?
  3. 3.📒 One-time cost or running cost: a cloth banner? (a) a one-time cost (b) a running cost
  4. 4.True or false: “a folding table” is a one-time cost. (a) True (b) False
  5. 5.Diya’s stall budget is ₹270. Napkins cost ₹90, paper cups cost ₹100 and card paper cost ₹40. How many rupees of the budget are left?
  6. 6.📒 One-time cost or running cost: sugar? (a) a running cost (b) a one-time cost
  7. 7.Ananya’s stall budget is ₹900. Pots cost ₹250, card paper cost ₹210 and sugar cost ₹180. How many rupees of the budget are left?
  8. 8.🔍 Which is the odd one out? (a) a cash box (b) lemons (c) a folding table (d) a cooler box
  9. 9.Kabir’s stall budget is ₹720. Card paper cost ₹130, a banner cost ₹110 and lemons cost ₹180. How many rupees of the budget are left?
  10. 10.Dev plans to make 34 cups of lemonade. Each needs ₹10 of materials, and a banner costs ₹60 once. What total budget is needed (in ₹)?
  11. 11.Vihaan has ₹410 to spend on rolls of ribbon. One roll of ribbon costs ₹15. What is the greatest number of rolls of ribbon Vihaan can buy?
  12. 12.True or false: “lemons” is a one-time cost. (a) False (b) True
  13. 13.Diya has a budget of ₹900. The stock costs ₹130 and the stall fee is ₹740. Is the budget enough? (a) No (b) Yes
  14. 14.Arjun plans to make 45 cupcakes. Each needs ₹2 of materials, and a banner costs ₹260 once. What total budget is needed (in ₹)?
  15. 15.Which of these is a running cost? (a) lemons (b) a folding table (c) a cash box (d) a juicer
  16. 16.Vihaan has a budget of ₹300. The stock costs ₹90 and the stall fee is ₹160. Is the budget enough? (a) Yes (b) No
  17. 17.Saanvi’s stall budget is ₹960. A price board cost ₹300, ribbon cost ₹210 and sugar cost ₹300. How many rupees of the budget are left?
  18. 18.True or false: “lemons” is a running cost. (a) False (b) True
  19. 19.📒 One-time cost or running cost: card paper? (a) a running cost (b) a one-time cost
  20. 20.📒 One-time cost or running cost: lemons? (a) a running cost (b) a one-time cost
  21. 21.🔍 Which is the odd one out? (a) a juicer (b) a folding table (c) tea leaves and milk (d) a cloth banner
  22. 22.🔍 Which is the odd one out? (a) a price board (b) a folding table (c) paper cups (d) a cooler box
  23. 23.True or false: “a juicer” is a running cost. (a) True (b) False
  24. 24.Which of these is a running cost? (a) seeds and soil (b) a folding table (c) a juicer (d) a cooler box
  25. 25.Which of these is a one-time cost? (a) card paper (b) ice (c) paper cups (d) a price board
  26. 26.True or false: “a cash box” is a running cost. (a) True (b) False
  27. 27.Which of these is a running cost? (a) a folding table (b) a juicer (c) a cloth banner (d) card paper
  28. 28.Which of these is a one-time cost? (a) card paper (b) tea leaves and milk (c) a folding table (d) seeds and soil
  29. 29.Tara plans to make 41 jute bags. Each needs ₹6 of materials, and a banner costs ₹100 once. What total budget is needed (in ₹)?
  30. 30.Which of these is a one-time cost? (a) tea leaves and milk (b) paper cups (c) lemons (d) a juicer
  31. 31.Lakshmi has a budget of ₹600. The stock costs ₹240 and the stall fee is ₹360. Is the budget enough? (a) No (b) Yes
  32. 32.Which of these is a running cost? (a) a cash box (b) a price board (c) tea leaves and milk (d) a juicer
  33. 33.🔍 Which is the odd one out? (a) sugar (b) paper cups (c) a cooler box (d) card paper
  34. 34.True or false: “a juicer” is a one-time cost. (a) False (b) True
  35. 35.Zoya has a budget of ₹800. The stock costs ₹70 and the stall fee is ₹700. Is the budget enough? (a) No (b) Yes
  36. 36.True or false: “sugar” is a running cost. (a) False (b) True
  37. 37.Which of these is a one-time cost? (a) sugar (b) seeds and soil (c) a cloth banner (d) card paper
  38. 38.Rohan’s stall budget is ₹610. Lemons cost ₹40, card paper cost ₹210 and sugar cost ₹300. How many rupees of the budget are left?
  39. 39.Ananya’s stall budget is ₹590. Paper cups cost ₹210, seeds cost ₹30 and lemons cost ₹80. How many rupees of the budget are left?
  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. 520
  3. a one-time cost
  4. True
  5. 40
  6. a running cost
  7. 260
  8. lemons
  9. 300
  10. 400
  11. 27
  12. False
  13. Yes
  14. 350
  15. lemons
  16. Yes
  17. 150
  18. True
  19. a running cost
  20. a running cost
  21. tea leaves and milk
  22. paper cups
  23. False
  24. seeds and soil
  25. a price board
  26. False
  27. card paper
  28. a folding table
  29. 346
  30. a juicer
  31. Yes
  32. tea leaves and milk
  33. a cooler box
  34. True
  35. Yes
  36. True
  37. a cloth banner
  38. 60
  39. 270
  40. a one-time cost

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