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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 398 · 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 one-time cost? (a) a juicer (b) lemons (c) card paper (d) ice
  2. 2.📒 One-time cost or running cost: seeds and soil? (a) a running cost (b) a one-time cost
  3. 3.🔍 Which is the odd one out? (a) a folding table (b) seeds and soil (c) a juicer (d) a price board
  4. 4.Which of these is a running cost? (a) a price board (b) a cash box (c) ice (d) a folding table
  5. 5.Tara plans to make 18 jute bags. Each needs ₹2 of materials, and a banner costs ₹60 once. What total budget is needed (in ₹)?
  6. 6.True or false: “sugar” is a running cost. (a) False (b) True
  7. 7.Aarav has a budget of ₹500. The stock costs ₹180 and the stall fee is ₹290. Is the budget enough? (a) No (b) Yes
  8. 8.🔍 Which is the odd one out? (a) a cooler box (b) a folding table (c) card paper (d) a price board
  9. 9.Which of these is a one-time cost? (a) a cloth banner (b) ice (c) seeds and soil (d) paper cups
  10. 10.Which of these is a one-time cost? (a) ice (b) a price board (c) tea leaves and milk (d) card paper
  11. 11.Arjun has a budget of ₹700. The stock costs ₹90 and the stall fee is ₹610. Is the budget enough? (a) Yes (b) No
  12. 12.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  13. 13.Diya’s stall budget is ₹210. A price board cost ₹70, a banner cost ₹30 and card paper cost ₹20. How many rupees of the budget are left?
  14. 14.📒 One-time cost or running cost: sugar? (a) a one-time cost (b) a running cost
  15. 15.Rohan has ₹70 to spend on packs of cups. One pack of cups costs ₹15. What is the greatest number of packs of cups Rohan can buy?
  16. 16.True or false: “ice” is a one-time cost. (a) True (b) False
  17. 17.Vihaan has a budget of ₹1000. The stock costs ₹450 and the stall fee is ₹500. Is the budget enough? (a) No (b) Yes
  18. 18.Ananya plans to make 41 handmade cards. Each needs ₹3 of materials, and a banner costs ₹110 once. What total budget is needed (in ₹)?
  19. 19.Joseph has ₹500 to spend on packets of seeds. One packet of seeds costs ₹6. What is the greatest number of packets of seeds Joseph can buy?
  20. 20.True or false: “lemons” is a running cost. (a) False (b) True
  21. 21.🔍 Which is the odd one out? (a) a cooler box (b) a juicer (c) tea leaves and milk (d) a price board
  22. 22.🔍 Which is the odd one out? (a) seeds and soil (b) paper cups (c) a juicer (d) tea leaves and milk
  23. 23.Farhan plans to make 12 handmade cards. Each needs ₹5 of materials, and a banner costs ₹60 once. What total budget is needed (in ₹)?
  24. 24.Joseph’s stall budget is ₹500. A banner cost ₹30, card paper cost ₹90 and paper cups cost ₹180. How many rupees of the budget are left?
  25. 25.Which of these is a running cost? (a) a cloth banner (b) a cooler box (c) a folding table (d) tea leaves and milk
  26. 26.Saanvi plans to make 29 jute bags. Each needs ₹8 of materials, and a banner costs ₹300 once. What total budget is needed (in ₹)?
  27. 27.True or false: “a cloth banner” is a one-time cost. (a) False (b) True
  28. 28.True or false: “a juicer” is a running cost. (a) True (b) False
  29. 29.Vihaan has a budget of ₹300. The stock costs ₹150 and the stall fee is ₹110. Is the budget enough? (a) No (b) Yes
  30. 30.🔍 Which is the odd one out? (a) a cooler box (b) a cloth banner (c) lemons (d) a folding table
  31. 31.📒 One-time cost or running cost: a cloth banner? (a) a one-time cost (b) a running cost
  32. 32.True or false: “a cash box” is a running cost. (a) True (b) False
  33. 33.Gurpreet’s stall budget is ₹810. Ribbon cost ₹150, a price board cost ₹210 and paper cups cost ₹190. How many rupees of the budget are left?
  34. 34.Which of these is a one-time cost? (a) a cash box (b) paper cups (c) card paper (d) lemons
  35. 35.True or false: “a price board” is a running cost. (a) True (b) False
  36. 36.True or false: “seeds and soil” is a running cost. (a) True (b) False
  37. 37.Joseph’s stall budget is ₹790. Ribbon cost ₹220, card paper cost ₹130 and napkins cost ₹180. How many rupees of the budget are left?
  38. 38.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  39. 39.Ananya has a budget of ₹400. The stock costs ₹190 and the stall fee is ₹230. Is the budget enough? (a) Yes (b) No
  40. 40.Tara’s stall budget is ₹540. Sugar cost ₹180, pots cost ₹300 and paper cups cost ₹30. How many rupees of the budget are left?

Answer key

  1. a juicer
  2. a running cost
  3. seeds and soil
  4. ice
  5. 96
  6. True
  7. Yes
  8. card paper
  9. a cloth banner
  10. a price board
  11. Yes
  12. a one-time cost
  13. 90
  14. a running cost
  15. 4
  16. False
  17. Yes
  18. 233
  19. 83
  20. True
  21. tea leaves and milk
  22. a juicer
  23. 120
  24. 200
  25. tea leaves and milk
  26. 532
  27. True
  28. False
  29. Yes
  30. lemons
  31. a one-time cost
  32. False
  33. 260
  34. a cash box
  35. False
  36. True
  37. 260
  38. a one-time cost
  39. No
  40. 30

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