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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 418 · 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.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  2. 2.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost
  3. 3.📒 One-time cost or running cost: paper cups? (a) a one-time cost (b) a running cost
  4. 4.🔍 Which is the odd one out? (a) ice (b) a cloth banner (c) lemons (d) sugar
  5. 5.Which of these is a one-time cost? (a) paper cups (b) a price board (c) lemons (d) sugar
  6. 6.Joseph has a budget of ₹900. The stock costs ₹140 and the stall fee is ₹720. Is the budget enough? (a) Yes (b) No
  7. 7.Vihaan plans to make 42 potted plants. Each needs ₹7 of materials, and a banner costs ₹120 once. What total budget is needed (in ₹)?
  8. 8.Ishaan plans to make 42 fruit cups. Each needs ₹5 of materials, and a banner costs ₹230 once. What total budget is needed (in ₹)?
  9. 9.Which of these is a one-time cost? (a) tea leaves and milk (b) card paper (c) paper cups (d) a folding table
  10. 10.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  11. 11.Joseph has ₹190 to spend on lemons. One lemon costs ₹5. What is the greatest number of lemons Joseph can buy?
  12. 12.True or false: “tea leaves and milk” is a one-time cost. (a) True (b) False
  13. 13.Diya has a budget of ₹900. The stock costs ₹170 and the stall fee is ₹730. Is the budget enough? (a) Yes (b) No
  14. 14.📒 One-time cost or running cost: seeds and soil? (a) a one-time cost (b) a running cost
  15. 15.Nisha’s stall budget is ₹500. Paper cups cost ₹90, a banner cost ₹70 and lemons cost ₹140. How many rupees of the budget are left?
  16. 16.Ananya’s stall budget is ₹710. A banner cost ₹290, seeds cost ₹120 and paper cups cost ₹30. How many rupees of the budget are left?
  17. 17.📒 One-time cost or running cost: tea leaves and milk? (a) a running cost (b) a one-time cost
  18. 18.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
  19. 19.Diya has ₹500 to spend on sheets of card paper. One sheet of card paper costs ₹6. What is the greatest number of sheets of card paper Diya can buy?
  20. 20.Kavya’s stall budget is ₹700. Paper cups cost ₹150, napkins cost ₹90 and ribbon cost ₹260. How many rupees of the budget are left?
  21. 21.True or false: “paper cups” is a one-time cost. (a) False (b) True
  22. 22.True or false: “a cash box” is a running cost. (a) False (b) True
  23. 23.Nisha has ₹200 to spend on sheets of card paper. One sheet of card paper costs ₹6. What is the greatest number of sheets of card paper Nisha can buy?
  24. 24.Gurpreet plans to make 45 cups of lemonade. Each needs ₹2 of materials, and a banner costs ₹240 once. What total budget is needed (in ₹)?
  25. 25.Ananya has a budget of ₹1000. The stock costs ₹170 and the stall fee is ₹820. Is the budget enough? (a) No (b) Yes
  26. 26.Which of these is a one-time cost? (a) tea leaves and milk (b) ice (c) sugar (d) a cooler box
  27. 27.📒 One-time cost or running cost: card paper? (a) a running cost (b) a one-time cost
  28. 28.🔍 Which is the odd one out? (a) card paper (b) a cloth banner (c) a price board (d) a juicer
  29. 29.Joseph’s stall budget is ₹590. Lemons cost ₹290, pots cost ₹250 and card paper cost ₹40. How many rupees of the budget are left?
  30. 30.True or false: “sugar” is a one-time cost. (a) False (b) True
  31. 31.Kabir’s stall budget is ₹360. Seeds cost ₹20, sugar cost ₹90 and lemons cost ₹210. How many rupees of the budget are left?
  32. 32.🔍 Which is the odd one out? (a) ice (b) seeds and soil (c) paper cups (d) a cooler box
  33. 33.Which of these is a running cost? (a) tea leaves and milk (b) a cash box (c) a price board (d) a cloth banner
  34. 34.True or false: “a cooler box” is a running cost. (a) False (b) True
  35. 35.Dev has a budget of ₹900. The stock costs ₹340 and the stall fee is ₹580. Is the budget enough? (a) Yes (b) No
  36. 36.Nisha has ₹260 to spend on packs of cups. One pack of cups costs ₹12. What is the greatest number of packs of cups Nisha can buy?
  37. 37.True or false: “paper cups” is a running cost. (a) True (b) False
  38. 38.📒 One-time cost or running cost: a price board? (a) a one-time cost (b) a running cost
  39. 39.True or false: “seeds and soil” is a one-time cost. (a) False (b) True
  40. 40.True or false: “a cloth banner” is a running cost. (a) True (b) False

Answer key

  1. a one-time cost
  2. a one-time cost
  3. a running cost
  4. a cloth banner
  5. a price board
  6. Yes
  7. 414
  8. 440
  9. a folding table
  10. a one-time cost
  11. 38
  12. False
  13. Yes
  14. a running cost
  15. 200
  16. 270
  17. a running cost
  18. a one-time cost
  19. 83
  20. 200
  21. False
  22. False
  23. 33
  24. 330
  25. Yes
  26. a cooler box
  27. a running cost
  28. card paper
  29. 10
  30. False
  31. 40
  32. a cooler box
  33. tea leaves and milk
  34. False
  35. No
  36. 21
  37. True
  38. a one-time cost
  39. False
  40. False

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