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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 285 · 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: a cloth banner? (a) a one-time cost (b) a running cost
  2. 2.Which of these is a one-time cost? (a) seeds and soil (b) ice (c) sugar (d) a cooler box
  3. 3.🔍 Which is the odd one out? (a) a cloth banner (b) a price board (c) paper cups (d) a folding table
  4. 4.🔍 Which is the odd one out? (a) lemons (b) a juicer (c) card paper (d) paper cups
  5. 5.Which of these is a one-time cost? (a) sugar (b) a cash box (c) seeds and soil (d) paper cups
  6. 6.Ishaan plans to make 45 bags of popcorn. Each needs ₹7 of materials, and a banner costs ₹240 once. What total budget is needed (in ₹)?
  7. 7.Which of these is a running cost? (a) a cash box (b) a cooler box (c) a juicer (d) paper cups
  8. 8.Which of these is a running cost? (a) a cash box (b) a cooler box (c) a cloth banner (d) lemons
  9. 9.Diya’s stall budget is ₹980. Napkins cost ₹260, ribbon cost ₹300 and card paper cost ₹250. How many rupees of the budget are left?
  10. 10.True or false: “a juicer” is a running cost. (a) True (b) False
  11. 11.Nisha plans to make 13 fruit cups. Each needs ₹9 of materials, and a banner costs ₹70 once. What total budget is needed (in ₹)?
  12. 12.Which of these is a running cost? (a) a price board (b) a cloth banner (c) sugar (d) a cash box
  13. 13.📒 One-time cost or running cost: a cash box? (a) a one-time cost (b) a running cost
  14. 14.Vihaan has a budget of ₹700. The stock costs ₹180 and the stall fee is ₹480. Is the budget enough? (a) No (b) Yes
  15. 15.True or false: “seeds and soil” is a one-time cost. (a) False (b) True
  16. 16.📒 One-time cost or running cost: tea leaves and milk? (a) a running cost (b) a one-time cost
  17. 17.Lakshmi plans to make 15 cups of lemonade. Each needs ₹4 of materials, and a banner costs ₹50 once. What total budget is needed (in ₹)?
  18. 18.Farhan’s stall budget is ₹470. Lemons cost ₹40, napkins cost ₹180 and seeds cost ₹70. How many rupees of the budget are left?
  19. 19.True or false: “paper cups” is a one-time cost. (a) True (b) False
  20. 20.Kavya’s stall budget is ₹290. Ribbon cost ₹150, pots cost ₹60 and paper cups cost ₹30. How many rupees of the budget are left?
  21. 21.Arjun has a budget of ₹900. The stock costs ₹150 and the stall fee is ₹740. Is the budget enough? (a) No (b) Yes
  22. 22.Which of these is a one-time cost? (a) sugar (b) tea leaves and milk (c) lemons (d) a folding table
  23. 23.Tara’s stall budget is ₹590. A price board cost ₹30, napkins cost ₹100 and ribbon cost ₹240. How many rupees of the budget are left?
  24. 24.Ananya has ₹130 to spend on sheets of card paper. One sheet of card paper costs ₹8. What is the greatest number of sheets of card paper Ananya can buy?
  25. 25.Which of these is a one-time cost? (a) tea leaves and milk (b) paper cups (c) a juicer (d) lemons
  26. 26.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
  27. 27.🔍 Which is the odd one out? (a) paper cups (b) tea leaves and milk (c) a cash box (d) card paper
  28. 28.📒 One-time cost or running cost: lemons? (a) a one-time cost (b) a running cost
  29. 29.🔍 Which is the odd one out? (a) a price board (b) a cooler box (c) lemons (d) a folding table
  30. 30.Gurpreet has a budget of ₹300. The stock costs ₹50 and the stall fee is ₹210. Is the budget enough? (a) No (b) Yes
  31. 31.True or false: “ice” is a one-time cost. (a) True (b) False
  32. 32.True or false: “card paper” is a one-time cost. (a) True (b) False
  33. 33.True or false: “a price board” is a running cost. (a) False (b) True
  34. 34.🔍 Which is the odd one out? (a) seeds and soil (b) a folding table (c) sugar (d) lemons
  35. 35.Gurpreet has a budget of ₹600. The stock costs ₹250 and the stall fee is ₹340. Is the budget enough? (a) No (b) Yes
  36. 36.Ananya plans to make 33 glasses of chai. Each needs ₹5 of materials, and a banner costs ₹210 once. What total budget is needed (in ₹)?
  37. 37.Lakshmi has ₹450 to spend on packs of cups. One pack of cups costs ₹6. What is the greatest number of packs of cups Lakshmi can buy?
  38. 38.Which of these is a one-time cost? (a) seeds and soil (b) paper cups (c) a price board (d) tea leaves and milk
  39. 39.Ananya’s stall budget is ₹860. A price board cost ₹290, sugar cost ₹260 and a banner cost ₹80. How many rupees of the budget are left?
  40. 40.Zoya’s stall budget is ₹600. Ribbon cost ₹100, a price board cost ₹260 and paper cups cost ₹190. How many rupees of the budget are left?

Answer key

  1. a one-time cost
  2. a cooler box
  3. paper cups
  4. a juicer
  5. a cash box
  6. 555
  7. paper cups
  8. lemons
  9. 170
  10. False
  11. 187
  12. sugar
  13. a one-time cost
  14. Yes
  15. False
  16. a running cost
  17. 110
  18. 180
  19. False
  20. 50
  21. Yes
  22. a folding table
  23. 220
  24. 16
  25. a juicer
  26. a one-time cost
  27. a cash box
  28. a running cost
  29. lemons
  30. Yes
  31. False
  32. False
  33. False
  34. a folding table
  35. Yes
  36. 375
  37. 75
  38. a price board
  39. 230
  40. 50

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