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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 422 · 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 juicer? (a) a one-time cost (b) a running cost
  2. 2.📒 One-time cost or running cost: sugar? (a) a running cost (b) a one-time cost
  3. 3.True or false: “a cloth banner” is a running cost. (a) True (b) False
  4. 4.True or false: “tea leaves and milk” is a running cost. (a) False (b) True
  5. 5.Which of these is a running cost? (a) a cloth banner (b) a folding table (c) a juicer (d) ice
  6. 6.Aarav’s stall budget is ₹550. Sugar cost ₹200, ribbon cost ₹130 and lemons cost ₹200. How many rupees of the budget are left?
  7. 7.Which of these is a one-time cost? (a) lemons (b) card paper (c) paper cups (d) a cloth banner
  8. 8.Which of these is a running cost? (a) a folding table (b) a cooler box (c) seeds and soil (d) a price board
  9. 9.Dev’s stall budget is ₹310. Pots cost ₹130, napkins cost ₹30 and card paper cost ₹80. How many rupees of the budget are left?
  10. 10.Riya plans to make 15 clay diyas. Each needs ₹8 of materials, and a banner costs ₹70 once. What total budget is needed (in ₹)?
  11. 11.Dev has ₹420 to spend on packs of cups. One pack of cups costs ₹20. What is the greatest number of packs of cups Dev can buy?
  12. 12.Ishaan has ₹80 to spend on sheets of card paper. One sheet of card paper costs ₹15. What is the greatest number of sheets of card paper Ishaan can buy?
  13. 13.True or false: “card paper” is a one-time cost. (a) True (b) False
  14. 14.Tara’s stall budget is ₹590. Paper cups cost ₹40, seeds cost ₹270 and a price board cost ₹60. How many rupees of the budget are left?
  15. 15.Arjun’s stall budget is ₹590. Pots cost ₹160, sugar cost ₹240 and napkins cost ₹90. How many rupees of the budget are left?
  16. 16.📒 One-time cost or running cost: ice? (a) a one-time cost (b) a running cost
  17. 17.Which of these is a running cost? (a) a cash box (b) lemons (c) a juicer (d) a cloth banner
  18. 18.Meera has a budget of ₹400. The stock costs ₹200 and the stall fee is ₹220. Is the budget enough? (a) Yes (b) No
  19. 19.📒 One-time cost or running cost: card paper? (a) a running cost (b) a one-time cost
  20. 20.True or false: “a juicer” is a one-time cost. (a) False (b) True
  21. 21.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  22. 22.Arjun’s stall budget is ₹710. A banner cost ₹90, pots cost ₹200 and seeds cost ₹240. How many rupees of the budget are left?
  23. 23.Ishaan’s stall budget is ₹830. Sugar cost ₹290, ribbon cost ₹220 and lemons cost ₹70. How many rupees of the budget are left?
  24. 24.📒 One-time cost or running cost: a cooler box? (a) a one-time cost (b) a running cost
  25. 25.🔍 Which is the odd one out? (a) ice (b) tea leaves and milk (c) lemons (d) a price board
  26. 26.🔍 Which is the odd one out? (a) paper cups (b) ice (c) a folding table (d) seeds and soil
  27. 27.Meera has a budget of ₹400. The stock costs ₹90 and the stall fee is ₹350. Is the budget enough? (a) Yes (b) No
  28. 28.🔍 Which is the odd one out? (a) a cloth banner (b) a folding table (c) a juicer (d) lemons
  29. 29.🔍 Which is the odd one out? (a) card paper (b) a cloth banner (c) seeds and soil (d) paper cups
  30. 30.🔍 Which is the odd one out? (a) a folding table (b) a cash box (c) tea leaves and milk (d) a juicer
  31. 31.Saanvi’s stall budget is ₹860. Napkins cost ₹180, ribbon cost ₹200 and sugar cost ₹250. How many rupees of the budget are left?
  32. 32.🔍 Which is the odd one out? (a) sugar (b) a cash box (c) ice (d) paper cups
  33. 33.Diya has a budget of ₹300. The stock costs ₹50 and the stall fee is ₹220. Is the budget enough? (a) Yes (b) No
  34. 34.Zoya’s stall budget is ₹750. Paper cups cost ₹180, napkins cost ₹190 and lemons cost ₹100. How many rupees of the budget are left?
  35. 35.🔍 Which is the odd one out? (a) a folding table (b) a price board (c) a cooler box (d) ice
  36. 36.Meera has ₹470 to spend on packets of seeds. One packet of seeds costs ₹12. What is the greatest number of packets of seeds Meera can buy?
  37. 37.Which of these is a running cost? (a) a folding table (b) a cloth banner (c) paper cups (d) a price board
  38. 38.True or false: “sugar” is a one-time cost. (a) True (b) False
  39. 39.True or false: “a juicer” is a running cost. (a) True (b) False
  40. 40.Which of these is a one-time cost? (a) ice (b) paper cups (c) sugar (d) a juicer

Answer key

  1. a one-time cost
  2. a running cost
  3. False
  4. True
  5. ice
  6. 20
  7. a cloth banner
  8. seeds and soil
  9. 70
  10. 190
  11. 21
  12. 5
  13. False
  14. 220
  15. 100
  16. a running cost
  17. lemons
  18. No
  19. a running cost
  20. True
  21. a one-time cost
  22. 180
  23. 250
  24. a one-time cost
  25. a price board
  26. a folding table
  27. No
  28. lemons
  29. a cloth banner
  30. tea leaves and milk
  31. 230
  32. a cash box
  33. Yes
  34. 280
  35. ice
  36. 39
  37. paper cups
  38. False
  39. False
  40. a juicer

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