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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 289 · 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 is the odd one out? (a) tea leaves and milk (b) card paper (c) lemons (d) a juicer
  2. 2.Which of these is a one-time cost? (a) ice (b) lemons (c) tea leaves and milk (d) a folding table
  3. 3.True or false: “a price board” is a running cost. (a) True (b) False
  4. 4.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
  5. 5.True or false: “paper cups” is a one-time cost. (a) False (b) True
  6. 6.🔍 Which is the odd one out? (a) a cooler box (b) a juicer (c) sugar (d) a price board
  7. 7.Riya plans to make 27 jute bags. Each needs ₹5 of materials, and a banner costs ₹180 once. What total budget is needed (in ₹)?
  8. 8.Which of these is a running cost? (a) a cooler box (b) a juicer (c) seeds and soil (d) a folding table
  9. 9.Zoya’s stall budget is ₹400. Pots cost ₹130, seeds cost ₹50 and lemons cost ₹120. How many rupees of the budget are left?
  10. 10.True or false: “sugar” is a running cost. (a) False (b) True
  11. 11.Gurpreet has a budget of ₹800. The stock costs ₹80 and the stall fee is ₹750. Is the budget enough? (a) Yes (b) No
  12. 12.Joseph has a budget of ₹500. The stock costs ₹180 and the stall fee is ₹290. Is the budget enough? (a) No (b) Yes
  13. 13.Riya has a budget of ₹600. The stock costs ₹220 and the stall fee is ₹400. Is the budget enough? (a) Yes (b) No
  14. 14.True or false: “a folding table” is a running cost. (a) False (b) True
  15. 15.🔍 Which is the odd one out? (a) a juicer (b) a folding table (c) a cash box (d) paper cups
  16. 16.📒 One-time cost or running cost: seeds and soil? (a) a one-time cost (b) a running cost
  17. 17.True or false: “a cooler box” is a one-time cost. (a) True (b) False
  18. 18.🔍 Which is the odd one out? (a) a cash box (b) ice (c) tea leaves and milk (d) lemons
  19. 19.Farhan has a budget of ₹1000. The stock costs ₹420 and the stall fee is ₹570. Is the budget enough? (a) Yes (b) No
  20. 20.Kabir plans to make 22 paper bookmarks. Each needs ₹6 of materials, and a banner costs ₹110 once. What total budget is needed (in ₹)?
  21. 21.Arjun has ₹180 to spend on packs of cups. One pack of cups costs ₹15. What is the greatest number of packs of cups Arjun can buy?
  22. 22.Farhan has ₹350 to spend on rolls of ribbon. One roll of ribbon costs ₹15. What is the greatest number of rolls of ribbon Farhan can buy?
  23. 23.True or false: “tea leaves and milk” is a one-time cost. (a) False (b) True
  24. 24.True or false: “paper cups” is a running cost. (a) False (b) True
  25. 25.Gurpreet plans to make 19 handmade cards. Each needs ₹2 of materials, and a banner costs ₹80 once. What total budget is needed (in ₹)?
  26. 26.True or false: “card paper” is a one-time cost. (a) False (b) True
  27. 27.True or false: “tea leaves and milk” is a running cost. (a) False (b) True
  28. 28.Dev plans to make 35 cups of lemonade. Each needs ₹3 of materials, and a banner costs ₹300 once. What total budget is needed (in ₹)?
  29. 29.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  30. 30.True or false: “seeds and soil” is a one-time cost. (a) True (b) False
  31. 31.Which of these is a one-time cost? (a) paper cups (b) tea leaves and milk (c) ice (d) a price board
  32. 32.Aarav’s stall budget is ₹380. A banner cost ₹50, pots cost ₹140 and lemons cost ₹130. How many rupees of the budget are left?
  33. 33.📒 One-time cost or running cost: ice? (a) a one-time cost (b) a running cost
  34. 34.🔍 Which is the odd one out? (a) tea leaves and milk (b) a cooler box (c) a price board (d) a juicer
  35. 35.Ananya has a budget of ₹300. The stock costs ₹140 and the stall fee is ₹110. Is the budget enough? (a) No (b) Yes
  36. 36.Vihaan has ₹380 to spend on sheets of card paper. One sheet of card paper costs ₹15. What is the greatest number of sheets of card paper Vihaan can buy?
  37. 37.True or false: “lemons” is a one-time cost. (a) True (b) False
  38. 38.Which of these is a one-time cost? (a) ice (b) sugar (c) seeds and soil (d) a cash box
  39. 39.Arjun has ₹110 to spend on packets of seeds. One packet of seeds costs ₹20. What is the greatest number of packets of seeds Arjun can buy?
  40. 40.Tara plans to make 31 handmade cards. Each needs ₹4 of materials, and a banner costs ₹280 once. What total budget is needed (in ₹)?

Answer key

  1. a juicer
  2. a folding table
  3. False
  4. a one-time cost
  5. False
  6. sugar
  7. 315
  8. seeds and soil
  9. 100
  10. True
  11. No
  12. Yes
  13. No
  14. False
  15. paper cups
  16. a running cost
  17. True
  18. a cash box
  19. Yes
  20. 242
  21. 12
  22. 23
  23. False
  24. True
  25. 118
  26. False
  27. True
  28. 405
  29. a one-time cost
  30. False
  31. a price board
  32. 60
  33. a running cost
  34. tea leaves and milk
  35. Yes
  36. 25
  37. False
  38. a cash box
  39. 5
  40. 404

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