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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 30 · 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) a juicer (b) seeds and soil (c) a price board (d) a cloth banner
  2. 2.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost
  3. 3.🔍 Which is the odd one out? (a) a juicer (b) a folding table (c) a cash box (d) sugar
  4. 4.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost
  5. 5.🔍 Which is the odd one out? (a) paper cups (b) card paper (c) a folding table (d) lemons
  6. 6.Which of these is a one-time cost? (a) sugar (b) ice (c) tea leaves and milk (d) a folding table
  7. 7.Nisha’s stall budget is ₹580. Pots cost ₹250, paper cups cost ₹150 and card paper cost ₹170. How many rupees of the budget are left?
  8. 8.Which of these is a one-time cost? (a) lemons (b) tea leaves and milk (c) sugar (d) a cloth banner
  9. 9.Zoya plans to make 34 handmade cards. Each needs ₹5 of materials, and a banner costs ₹70 once. What total budget is needed (in ₹)?
  10. 10.Vihaan has ₹370 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?
  11. 11.Dev plans to make 44 cupcakes. Each needs ₹8 of materials, and a banner costs ₹80 once. What total budget is needed (in ₹)?
  12. 12.True or false: “a cloth banner” is a running cost. (a) True (b) False
  13. 13.🔍 Which is the odd one out? (a) a juicer (b) a folding table (c) tea leaves and milk (d) a cash box
  14. 14.Joseph’s stall budget is ₹690. A price board cost ₹220, napkins cost ₹170 and paper cups cost ₹130. How many rupees of the budget are left?
  15. 15.True or false: “sugar” is a one-time cost. (a) True (b) False
  16. 16.Which of these is a running cost? (a) a cooler box (b) ice (c) a juicer (d) a folding table
  17. 17.Which of these is a one-time cost? (a) card paper (b) a cash box (c) sugar (d) paper cups
  18. 18.Joseph has ₹190 to spend on packets of seeds. One packet of seeds costs ₹6. What is the greatest number of packets of seeds Joseph can buy?
  19. 19.Lakshmi’s stall budget is ₹620. Pots cost ₹170, lemons cost ₹130 and a banner cost ₹290. How many rupees of the budget are left?
  20. 20.📒 One-time cost or running cost: a cloth banner? (a) a one-time cost (b) a running cost
  21. 21.True or false: “lemons” is a one-time cost. (a) False (b) True
  22. 22.Zoya plans to make 43 handmade cards. Each needs ₹2 of materials, and a banner costs ₹70 once. What total budget is needed (in ₹)?
  23. 23.True or false: “a cash box” is a running cost. (a) True (b) False
  24. 24.True or false: “a juicer” is a one-time cost. (a) True (b) False
  25. 25.True or false: “paper cups” is a one-time cost. (a) False (b) True
  26. 26.📒 One-time cost or running cost: ice? (a) a running cost (b) a one-time cost
  27. 27.🔍 Which is the odd one out? (a) a cloth banner (b) a juicer (c) a folding table (d) lemons
  28. 28.🔍 Which is the odd one out? (a) sugar (b) lemons (c) tea leaves and milk (d) a cloth banner
  29. 29.True or false: “tea leaves and milk” is a one-time cost. (a) True (b) False
  30. 30.True or false: “lemons” is a running cost. (a) True (b) False
  31. 31.Riya plans to make 15 fruit cups. Each needs ₹7 of materials, and a banner costs ₹290 once. What total budget is needed (in ₹)?
  32. 32.Kavya has ₹90 to spend on packs of cups. One pack of cups costs ₹20. What is the greatest number of packs of cups Kavya can buy?
  33. 33.Lakshmi’s stall budget is ₹530. Paper cups cost ₹50, pots cost ₹30 and napkins cost ₹230. How many rupees of the budget are left?
  34. 34.Which of these is a one-time cost? (a) sugar (b) a juicer (c) lemons (d) paper cups
  35. 35.📒 One-time cost or running cost: paper cups? (a) a one-time cost (b) a running cost
  36. 36.True or false: “seeds and soil” is a one-time cost. (a) False (b) True
  37. 37.Tara’s stall budget is ₹450. A banner cost ₹80, a price board cost ₹100 and ribbon cost ₹200. How many rupees of the budget are left?
  38. 38.Which of these is a running cost? (a) a cloth banner (b) a cash box (c) tea leaves and milk (d) a cooler box
  39. 39.Lakshmi’s stall budget is ₹610. Lemons cost ₹280, seeds cost ₹120 and napkins cost ₹40. How many rupees of the budget are left?
  40. 40.🔍 Which is the odd one out? (a) a juicer (b) a folding table (c) paper cups (d) a cloth banner

Answer key

  1. seeds and soil
  2. a one-time cost
  3. sugar
  4. a one-time cost
  5. a folding table
  6. a folding table
  7. 10
  8. a cloth banner
  9. 240
  10. 74
  11. 432
  12. False
  13. tea leaves and milk
  14. 170
  15. False
  16. ice
  17. a cash box
  18. 31
  19. 30
  20. a one-time cost
  21. False
  22. 156
  23. False
  24. True
  25. False
  26. a running cost
  27. lemons
  28. a cloth banner
  29. False
  30. True
  31. 395
  32. 4
  33. 220
  34. a juicer
  35. a running cost
  36. False
  37. 70
  38. tea leaves and milk
  39. 170
  40. paper cups

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