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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 36 · 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.

NameDateTime takenScore ___ / 40
  1. 1.True or false: “seeds and soil” is a running cost. (a) False (b) True
  2. 2.True or false: “card paper” is a one-time cost. (a) False (b) True
  3. 3.True or false: “seeds and soil” is a one-time cost. (a) False (b) True
  4. 4.Lakshmi has a budget of ₹500. The stock costs ₹200 and the stall fee is ₹310. Is the budget enough? (a) No (b) Yes
  5. 5.Which of these is a one-time cost? (a) seeds and soil (b) a cooler box (c) ice (d) card paper
  6. 6.Meera plans to make 38 jute bags. Each needs ₹9 of materials, and a banner costs ₹220 once. What total budget is needed (in ₹)?
  7. 7.🔍 Which is the odd one out? (a) sugar (b) a cooler box (c) card paper (d) lemons
  8. 8.Aarav has ₹80 to spend on packets of seeds. One packet of seeds costs ₹6. What is the greatest number of packets of seeds Aarav can buy?
  9. 9.Which of these is a running cost? (a) a folding table (b) seeds and soil (c) a price board (d) a juicer
  10. 10.Which of these is a running cost? (a) a cooler box (b) a folding table (c) a cash box (d) tea leaves and milk
  11. 11.🔍 Which is the odd one out? (a) tea leaves and milk (b) seeds and soil (c) card paper (d) a juicer
  12. 12.Tara’s stall budget is ₹690. A price board cost ₹20, a banner cost ₹220 and lemons cost ₹180. How many rupees of the budget are left?
  13. 13.Arjun’s stall budget is ₹610. Card paper cost ₹150, paper cups cost ₹40 and napkins cost ₹210. How many rupees of the budget are left?
  14. 14.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
  15. 15.Which of these is a running cost? (a) a cooler box (b) a cloth banner (c) paper cups (d) a folding table
  16. 16.Aarav’s stall budget is ₹680. A banner cost ₹160, seeds cost ₹140 and a price board cost ₹250. How many rupees of the budget are left?
  17. 17.🔍 Which is the odd one out? (a) a juicer (b) a cloth banner (c) a folding table (d) card paper
  18. 18.True or false: “a cooler box” is a running cost. (a) False (b) True
  19. 19.Which of these is a running cost? (a) a price board (b) ice (c) a cash box (d) a cloth banner
  20. 20.🔍 Which is the odd one out? (a) sugar (b) a cash box (c) lemons (d) tea leaves and milk
  21. 21.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  22. 22.🔍 Which is the odd one out? (a) seeds and soil (b) a juicer (c) a cooler box (d) a price board
  23. 23.Tara plans to make 20 cupcakes. Each needs ₹7 of materials, and a banner costs ₹180 once. What total budget is needed (in ₹)?
  24. 24.📒 One-time cost or running cost: sugar? (a) a running cost (b) a one-time cost
  25. 25.Dev’s stall budget is ₹490. Pots cost ₹240, paper cups cost ₹50 and a price board cost ₹30. How many rupees of the budget are left?
  26. 26.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  27. 27.Tara has ₹420 to spend on lemons. One lemon costs ₹5. What is the greatest number of lemons Tara can buy?
  28. 28.True or false: “a cash box” is a one-time cost. (a) True (b) False
  29. 29.Kabir’s stall budget is ₹700. Napkins cost ₹160, lemons cost ₹220 and paper cups cost ₹240. How many rupees of the budget are left?
  30. 30.📒 One-time cost or running cost: card paper? (a) a one-time cost (b) a running cost
  31. 31.Which of these is a one-time cost? (a) a juicer (b) card paper (c) ice (d) lemons
  32. 32.True or false: “lemons” is a one-time cost. (a) False (b) True
  33. 33.🔍 Which is the odd one out? (a) a cloth banner (b) lemons (c) a folding table (d) a juicer
  34. 34.Which of these is a one-time cost? (a) a price board (b) sugar (c) card paper (d) paper cups
  35. 35.Which of these is a running cost? (a) a folding table (b) a cash box (c) a cooler box (d) lemons
  36. 36.True or false: “a price board” is a running cost. (a) True (b) False
  37. 37.Dev plans to make 16 handmade cards. Each needs ₹3 of materials, and a banner costs ₹60 once. What total budget is needed (in ₹)?
  38. 38.🔍 Which is the odd one out? (a) a folding table (b) sugar (c) ice (d) paper cups
  39. 39.Vihaan has a budget of ₹600. The stock costs ₹300 and the stall fee is ₹320. Is the budget enough? (a) No (b) Yes
  40. 40.True or false: “tea leaves and milk” is a one-time cost. (a) True (b) False

Answer key

  1. True
  2. False
  3. False
  4. No
  5. a cooler box
  6. 562
  7. a cooler box
  8. 13
  9. seeds and soil
  10. tea leaves and milk
  11. a juicer
  12. 270
  13. 210
  14. a one-time cost
  15. paper cups
  16. 130
  17. card paper
  18. False
  19. ice
  20. a cash box
  21. a one-time cost
  22. seeds and soil
  23. 320
  24. a running cost
  25. 170
  26. a one-time cost
  27. 84
  28. True
  29. 80
  30. a running cost
  31. a juicer
  32. False
  33. lemons
  34. a price board
  35. lemons
  36. False
  37. 108
  38. a folding table
  39. No
  40. False

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