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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 405 · 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: “sugar” is a running cost. (a) False (b) True
  2. 2.True or false: “a folding table” is a running cost. (a) False (b) True
  3. 3.True or false: “lemons” is a one-time cost. (a) False (b) True
  4. 4.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
  5. 5.Which of these is a one-time cost? (a) a cooler box (b) ice (c) card paper (d) paper cups
  6. 6.Rohan’s stall budget is ₹510. A banner cost ₹260, lemons cost ₹90 and sugar cost ₹40. How many rupees of the budget are left?
  7. 7.Which of these is a one-time cost? (a) a cloth banner (b) card paper (c) sugar (d) seeds and soil
  8. 8.True or false: “seeds and soil” is a running cost. (a) False (b) True
  9. 9.Which of these is a running cost? (a) a cloth banner (b) a cash box (c) a cooler box (d) seeds and soil
  10. 10.Lakshmi’s stall budget is ₹200. Paper cups cost ₹50, sugar cost ₹50 and a price board cost ₹20. How many rupees of the budget are left?
  11. 11.Lakshmi has a budget of ₹300. The stock costs ₹60 and the stall fee is ₹260. Is the budget enough? (a) No (b) Yes
  12. 12.Dev’s stall budget is ₹810. A banner cost ₹160, pots cost ₹160 and lemons cost ₹260. How many rupees of the budget are left?
  13. 13.🔍 Which is the odd one out? (a) a folding table (b) a cooler box (c) card paper (d) a price board
  14. 14.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
  15. 15.True or false: “a cooler box” is a one-time cost. (a) False (b) True
  16. 16.🔍 Which is the odd one out? (a) lemons (b) a juicer (c) paper cups (d) sugar
  17. 17.🔍 Which is the odd one out? (a) a folding table (b) tea leaves and milk (c) ice (d) paper cups
  18. 18.True or false: “card paper” is a running cost. (a) False (b) True
  19. 19.Ishaan plans to make 13 bags of popcorn. Each needs ₹10 of materials, and a banner costs ₹250 once. What total budget is needed (in ₹)?
  20. 20.Farhan has ₹220 to spend on packets of seeds. One packet of seeds costs ₹4. What is the greatest number of packets of seeds Farhan can buy?
  21. 21.Vihaan’s stall budget is ₹730. Napkins cost ₹100, paper cups cost ₹300 and card paper cost ₹90. How many rupees of the budget are left?
  22. 22.🔍 Which is the odd one out? (a) a cash box (b) tea leaves and milk (c) a price board (d) a cooler box
  23. 23.Which of these is a one-time cost? (a) a price board (b) lemons (c) paper cups (d) seeds and soil
  24. 24.Which of these is a one-time cost? (a) paper cups (b) lemons (c) sugar (d) a folding table
  25. 25.📒 One-time cost or running cost: card paper? (a) a running cost (b) a one-time cost
  26. 26.Kabir plans to make 21 painted pebbles. Each needs ₹4 of materials, and a banner costs ₹80 once. What total budget is needed (in ₹)?
  27. 27.True or false: “ice” is a one-time cost. (a) True (b) False
  28. 28.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost
  29. 29.Farhan has a budget of ₹800. The stock costs ₹130 and the stall fee is ₹680. Is the budget enough? (a) No (b) Yes
  30. 30.Ishaan has a budget of ₹1000. The stock costs ₹150 and the stall fee is ₹880. Is the budget enough? (a) No (b) Yes
  31. 31.Nisha plans to make 37 clay diyas. Each needs ₹10 of materials, and a banner costs ₹150 once. What total budget is needed (in ₹)?
  32. 32.📒 One-time cost or running cost: a price board? (a) a one-time cost (b) a running cost
  33. 33.📒 One-time cost or running cost: seeds and soil? (a) a running cost (b) a one-time cost
  34. 34.Meera plans to make 42 glasses of chai. Each needs ₹8 of materials, and a banner costs ₹180 once. What total budget is needed (in ₹)?
  35. 35.Gurpreet has ₹390 to spend on packs of cups. One pack of cups costs ₹10. What is the greatest number of packs of cups Gurpreet can buy?
  36. 36.Which of these is a one-time cost? (a) paper cups (b) seeds and soil (c) lemons (d) a juicer
  37. 37.Rohan plans to make 44 cups of lemonade. Each needs ₹2 of materials, and a banner costs ₹290 once. What total budget is needed (in ₹)?
  38. 38.True or false: “paper cups” is a one-time cost. (a) True (b) False
  39. 39.True or false: “tea leaves and milk” is a one-time cost. (a) False (b) True
  40. 40.Which of these is a running cost? (a) a cash box (b) a folding table (c) a juicer (d) card paper

Answer key

  1. True
  2. False
  3. False
  4. a running cost
  5. a cooler box
  6. 120
  7. a cloth banner
  8. True
  9. seeds and soil
  10. 80
  11. No
  12. 230
  13. card paper
  14. a one-time cost
  15. True
  16. a juicer
  17. a folding table
  18. True
  19. 380
  20. 55
  21. 240
  22. tea leaves and milk
  23. a price board
  24. a folding table
  25. a running cost
  26. 164
  27. False
  28. a one-time cost
  29. No
  30. No
  31. 520
  32. a one-time cost
  33. a running cost
  34. 516
  35. 39
  36. a juicer
  37. 378
  38. False
  39. False
  40. card paper

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