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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 312 · 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.True or false: “tea leaves and milk” is a running cost. (a) False (b) True
  2. 2.Which of these is a one-time cost? (a) a juicer (b) seeds and soil (c) sugar (d) lemons
  3. 3.True or false: “seeds and soil” is a running cost. (a) True (b) False
  4. 4.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost
  5. 5.Which of these is a running cost? (a) a cooler box (b) a juicer (c) seeds and soil (d) a cash box
  6. 6.True or false: “paper cups” is a running cost. (a) True (b) False
  7. 7.Saanvi has ₹400 to spend on sheets of card paper. One sheet of card paper costs ₹4. What is the greatest number of sheets of card paper Saanvi can buy?
  8. 8.Lakshmi plans to make 13 glasses of chai. Each needs ₹5 of materials, and a banner costs ₹100 once. What total budget is needed (in ₹)?
  9. 9.True or false: “lemons” is a running cost. (a) False (b) True
  10. 10.Vihaan has a budget of ₹400. The stock costs ₹70 and the stall fee is ₹360. Is the budget enough? (a) Yes (b) No
  11. 11.🔍 Which is the odd one out? (a) lemons (b) sugar (c) a price board (d) tea leaves and milk
  12. 12.True or false: “card paper” is a one-time cost. (a) True (b) False
  13. 13.True or false: “seeds and soil” is a one-time cost. (a) True (b) False
  14. 14.🔍 Which is the odd one out? (a) a juicer (b) a folding table (c) lemons (d) a cloth banner
  15. 15.True or false: “ice” is a running cost. (a) True (b) False
  16. 16.Farhan has ₹130 to spend on packets of seeds. One packet of seeds costs ₹10. What is the greatest number of packets of seeds Farhan can buy?
  17. 17.📒 One-time cost or running cost: lemons? (a) a one-time cost (b) a running cost
  18. 18.🔍 Which is the odd one out? (a) lemons (b) seeds and soil (c) paper cups (d) a folding table
  19. 19.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost
  20. 20.🔍 Which is the odd one out? (a) seeds and soil (b) lemons (c) a cloth banner (d) card paper
  21. 21.Which of these is a running cost? (a) a price board (b) ice (c) a cooler box (d) a juicer
  22. 22.📒 One-time cost or running cost: a cloth banner? (a) a one-time cost (b) a running cost
  23. 23.Saanvi’s stall budget is ₹780. Card paper cost ₹180, lemons cost ₹260 and seeds cost ₹40. How many rupees of the budget are left?
  24. 24.True or false: “a juicer” is a running cost. (a) False (b) True
  25. 25.Which of these is a one-time cost? (a) tea leaves and milk (b) paper cups (c) a cloth banner (d) seeds and soil
  26. 26.True or false: “lemons” is a one-time cost. (a) False (b) True
  27. 27.Rohan has ₹320 to spend on rolls of ribbon. One roll of ribbon costs ₹15. What is the greatest number of rolls of ribbon Rohan can buy?
  28. 28.True or false: “a juicer” is a one-time cost. (a) True (b) False
  29. 29.Ishaan plans to make 37 cupcakes. Each needs ₹5 of materials, and a banner costs ₹270 once. What total budget is needed (in ₹)?
  30. 30.Aarav plans to make 19 paper bookmarks. Each needs ₹2 of materials, and a banner costs ₹130 once. What total budget is needed (in ₹)?
  31. 31.Lakshmi plans to make 16 handmade cards. Each needs ₹3 of materials, and a banner costs ₹280 once. What total budget is needed (in ₹)?
  32. 32.📒 One-time cost or running cost: seeds and soil? (a) a one-time cost (b) a running cost
  33. 33.True or false: “a price board” is a running cost. (a) True (b) False
  34. 34.Which of these is a one-time cost? (a) a price board (b) card paper (c) seeds and soil (d) paper cups
  35. 35.🔍 Which is the odd one out? (a) a price board (b) a cloth banner (c) ice (d) a folding table
  36. 36.Vihaan has ₹170 to spend on sheets of card paper. One sheet of card paper costs ₹20. What is the greatest number of sheets of card paper Vihaan can buy?
  37. 37.Which of these is a running cost? (a) a juicer (b) tea leaves and milk (c) a cloth banner (d) a cash box
  38. 38.Aarav’s stall budget is ₹730. Seeds cost ₹80, lemons cost ₹270 and napkins cost ₹130. How many rupees of the budget are left?
  39. 39.Which of these is a one-time cost? (a) ice (b) lemons (c) a cash box (d) tea leaves and milk
  40. 40.Saanvi has a budget of ₹900. The stock costs ₹150 and the stall fee is ₹720. Is the budget enough? (a) Yes (b) No

Answer key

  1. True
  2. a juicer
  3. True
  4. a one-time cost
  5. seeds and soil
  6. True
  7. 100
  8. 165
  9. True
  10. No
  11. a price board
  12. False
  13. False
  14. lemons
  15. True
  16. 13
  17. a running cost
  18. a folding table
  19. a one-time cost
  20. a cloth banner
  21. ice
  22. a one-time cost
  23. 300
  24. False
  25. a cloth banner
  26. False
  27. 21
  28. True
  29. 455
  30. 168
  31. 328
  32. a running cost
  33. False
  34. a price board
  35. ice
  36. 8
  37. tea leaves and milk
  38. 250
  39. a cash box
  40. Yes

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