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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 421 · 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) sugar (b) paper cups (c) card paper (d) a folding table
  2. 2.True or false: “a juicer” is a running cost. (a) True (b) False
  3. 3.True or false: “a cloth banner” is a one-time cost. (a) False (b) True
  4. 4.Arjun has a budget of ₹500. The stock costs ₹190 and the stall fee is ₹320. Is the budget enough? (a) No (b) Yes
  5. 5.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  6. 6.True or false: “a cooler box” is a one-time cost. (a) True (b) False
  7. 7.🔍 Which is the odd one out? (a) a juicer (b) a cloth banner (c) a folding table (d) tea leaves and milk
  8. 8.Which of these is a running cost? (a) lemons (b) a cloth banner (c) a price board (d) a cooler box
  9. 9.📒 One-time cost or running cost: seeds and soil? (a) a one-time cost (b) a running cost
  10. 10.Saanvi has a budget of ₹400. The stock costs ₹130 and the stall fee is ₹230. Is the budget enough? (a) No (b) Yes
  11. 11.True or false: “sugar” is a one-time cost. (a) True (b) False
  12. 12.📒 One-time cost or running cost: paper cups? (a) a running cost (b) a one-time cost
  13. 13.Diya has ₹160 to spend on sheets of card paper. One sheet of card paper costs ₹12. What is the greatest number of sheets of card paper Diya can buy?
  14. 14.Rohan has a budget of ₹800. The stock costs ₹330 and the stall fee is ₹430. Is the budget enough? (a) No (b) Yes
  15. 15.Vihaan’s stall budget is ₹690. Seeds cost ₹100, paper cups cost ₹120 and a banner cost ₹240. How many rupees of the budget are left?
  16. 16.True or false: “tea leaves and milk” is a one-time cost. (a) True (b) False
  17. 17.Riya plans to make 19 friendship bands. Each needs ₹3 of materials, and a banner costs ₹240 once. What total budget is needed (in ₹)?
  18. 18.📒 One-time cost or running cost: lemons? (a) a running cost (b) a one-time cost
  19. 19.🔍 Which is the odd one out? (a) paper cups (b) a folding table (c) lemons (d) ice
  20. 20.True or false: “a folding table” is a one-time cost. (a) True (b) False
  21. 21.Lakshmi plans to make 37 handmade cards. Each needs ₹9 of materials, and a banner costs ₹130 once. What total budget is needed (in ₹)?
  22. 22.Ishaan’s stall budget is ₹630. Sugar cost ₹250, seeds cost ₹260 and a banner cost ₹50. How many rupees of the budget are left?
  23. 23.True or false: “a cloth banner” is a running cost. (a) False (b) True
  24. 24.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost
  25. 25.🔍 Which is the odd one out? (a) ice (b) card paper (c) seeds and soil (d) a cloth banner
  26. 26.Rohan has ₹150 to spend on sheets of card paper. One sheet of card paper costs ₹20. What is the greatest number of sheets of card paper Rohan can buy?
  27. 27.Which of these is a running cost? (a) a cloth banner (b) a price board (c) a juicer (d) card paper
  28. 28.Gurpreet’s stall budget is ₹400. A price board cost ₹40, paper cups cost ₹60 and lemons cost ₹30. How many rupees of the budget are left?
  29. 29.Aarav has a budget of ₹500. The stock costs ₹120 and the stall fee is ₹350. Is the budget enough? (a) No (b) Yes
  30. 30.Which of these is a one-time cost? (a) a juicer (b) ice (c) sugar (d) seeds and soil
  31. 31.Dev’s stall budget is ₹510. Sugar cost ₹90, pots cost ₹90 and a banner cost ₹30. How many rupees of the budget are left?
  32. 32.True or false: “seeds and soil” is a running cost. (a) False (b) True
  33. 33.True or false: “a price board” is a one-time cost. (a) True (b) False
  34. 34.📒 One-time cost or running cost: a cooler box? (a) a one-time cost (b) a running cost
  35. 35.📒 One-time cost or running cost: a cloth banner? (a) a one-time cost (b) a running cost
  36. 36.🔍 Which is the odd one out? (a) card paper (b) a cash box (c) a cooler box (d) a price board
  37. 37.🔍 Which is the odd one out? (a) a cooler box (b) seeds and soil (c) ice (d) lemons
  38. 38.Nisha has ₹490 to spend on lemons. One lemon costs ₹8. What is the greatest number of lemons Nisha can buy?
  39. 39.🔍 Which is the odd one out? (a) seeds and soil (b) a cooler box (c) a cloth banner (d) a juicer
  40. 40.Which of these is a running cost? (a) sugar (b) a cooler box (c) a juicer (d) a price board

Answer key

  1. a folding table
  2. False
  3. True
  4. No
  5. a one-time cost
  6. True
  7. tea leaves and milk
  8. lemons
  9. a running cost
  10. Yes
  11. False
  12. a running cost
  13. 13
  14. Yes
  15. 230
  16. False
  17. 297
  18. a running cost
  19. a folding table
  20. True
  21. 463
  22. 70
  23. False
  24. a one-time cost
  25. a cloth banner
  26. 7
  27. card paper
  28. 270
  29. Yes
  30. a juicer
  31. 300
  32. True
  33. True
  34. a one-time cost
  35. a one-time cost
  36. card paper
  37. a cooler box
  38. 61
  39. seeds and soil
  40. sugar

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