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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 415 · 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 cash box (b) sugar (c) a cooler box (d) a juicer
  2. 2.True or false: “seeds and soil” is a one-time cost. (a) True (b) False
  3. 3.Which of these is a running cost? (a) a price board (b) a cooler box (c) a juicer (d) seeds and soil
  4. 4.Arjun plans to make 16 friendship bands. Each needs ₹10 of materials, and a banner costs ₹110 once. What total budget is needed (in ₹)?
  5. 5.🔍 Which is the odd one out? (a) a cloth banner (b) a price board (c) card paper (d) a folding table
  6. 6.Farhan plans to make 12 handmade cards. Each needs ₹9 of materials, and a banner costs ₹240 once. What total budget is needed (in ₹)?
  7. 7.True or false: “a cash box” is a running cost. (a) False (b) True
  8. 8.True or false: “card paper” is a one-time cost. (a) True (b) False
  9. 9.Kabir has a budget of ₹1000. The stock costs ₹210 and the stall fee is ₹750. Is the budget enough? (a) No (b) Yes
  10. 10.🔍 Which is the odd one out? (a) a juicer (b) a cooler box (c) tea leaves and milk (d) a folding table
  11. 11.Meera has a budget of ₹400. The stock costs ₹70 and the stall fee is ₹320. Is the budget enough? (a) No (b) Yes
  12. 12.Arjun has ₹130 to spend on packs of cups. One pack of cups costs ₹12. What is the greatest number of packs of cups Arjun can buy?
  13. 13.Which of these is a one-time cost? (a) lemons (b) seeds and soil (c) paper cups (d) a juicer
  14. 14.📒 One-time cost or running cost: ice? (a) a running cost (b) a one-time cost
  15. 15.True or false: “a price board” is a one-time cost. (a) False (b) True
  16. 16.🔍 Which is the odd one out? (a) lemons (b) a price board (c) tea leaves and milk (d) seeds and soil
  17. 17.True or false: “ice” is a one-time cost. (a) True (b) False
  18. 18.📒 One-time cost or running cost: seeds and soil? (a) a one-time cost (b) a running cost
  19. 19.📒 One-time cost or running cost: card paper? (a) a one-time cost (b) a running cost
  20. 20.True or false: “tea leaves and milk” is a one-time cost. (a) False (b) True
  21. 21.Farhan plans to make 19 jute bags. Each needs ₹4 of materials, and a banner costs ₹70 once. What total budget is needed (in ₹)?
  22. 22.True or false: “a juicer” is a running cost. (a) True (b) False
  23. 23.Meera’s stall budget is ₹470. Pots cost ₹90, card paper cost ₹110 and paper cups cost ₹150. How many rupees of the budget are left?
  24. 24.Joseph’s stall budget is ₹660. Card paper cost ₹250, ribbon cost ₹190 and a price board cost ₹80. How many rupees of the budget are left?
  25. 25.🔍 Which is the odd one out? (a) paper cups (b) a price board (c) a folding table (d) a cloth banner
  26. 26.True or false: “ice” is a running cost. (a) True (b) False
  27. 27.Joseph has a budget of ₹700. The stock costs ₹180 and the stall fee is ₹560. Is the budget enough? (a) No (b) Yes
  28. 28.Which of these is a running cost? (a) a juicer (b) a cloth banner (c) paper cups (d) a price board
  29. 29.True or false: “a cash box” is a one-time cost. (a) True (b) False
  30. 30.True or false: “lemons” is a one-time cost. (a) True (b) False
  31. 31.Ananya plans to make 11 jute bags. Each needs ₹5 of materials, and a banner costs ₹80 once. What total budget is needed (in ₹)?
  32. 32.Aarav has ₹350 to spend on sheets of card paper. One sheet of card paper costs ₹5. What is the greatest number of sheets of card paper Aarav can buy?
  33. 33.🔍 Which is the odd one out? (a) paper cups (b) a cooler box (c) lemons (d) ice
  34. 34.Which of these is a one-time cost? (a) lemons (b) paper cups (c) card paper (d) a cloth banner
  35. 35.Kavya plans to make 25 friendship bands. Each needs ₹4 of materials, and a banner costs ₹180 once. What total budget is needed (in ₹)?
  36. 36.True or false: “sugar” is a one-time cost. (a) True (b) False
  37. 37.Joseph has ₹130 to spend on packets of seeds. One packet of seeds costs ₹20. What is the greatest number of packets of seeds Joseph can buy?
  38. 38.Nisha’s stall budget is ₹570. Seeds cost ₹170, napkins cost ₹70 and a price board cost ₹220. How many rupees of the budget are left?
  39. 39.Ishaan has a budget of ₹1000. The stock costs ₹130 and the stall fee is ₹880. Is the budget enough? (a) No (b) Yes
  40. 40.True or false: “card paper” is a running cost. (a) False (b) True

Answer key

  1. sugar
  2. False
  3. seeds and soil
  4. 270
  5. card paper
  6. 348
  7. False
  8. False
  9. Yes
  10. tea leaves and milk
  11. Yes
  12. 10
  13. a juicer
  14. a running cost
  15. True
  16. a price board
  17. False
  18. a running cost
  19. a running cost
  20. False
  21. 146
  22. False
  23. 120
  24. 140
  25. paper cups
  26. True
  27. No
  28. paper cups
  29. True
  30. False
  31. 135
  32. 70
  33. a cooler box
  34. a cloth banner
  35. 280
  36. False
  37. 6
  38. 110
  39. No
  40. True

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