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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 434 · 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: card paper? (a) a one-time cost (b) a running cost
  2. 2.📒 One-time cost or running cost: a cooler box? (a) a one-time cost (b) a running cost
  3. 3.Ananya has a budget of ₹700. The stock costs ₹250 and the stall fee is ₹410. Is the budget enough? (a) Yes (b) No
  4. 4.Which of these is a one-time cost? (a) a folding table (b) tea leaves and milk (c) paper cups (d) lemons
  5. 5.🔍 Which is the odd one out? (a) card paper (b) ice (c) seeds and soil (d) a folding table
  6. 6.Kavya plans to make 18 handmade cards. Each needs ₹2 of materials, and a banner costs ₹230 once. What total budget is needed (in ₹)?
  7. 7.True or false: “a folding table” is a running cost. (a) False (b) True
  8. 8.Which of these is a one-time cost? (a) card paper (b) a cloth banner (c) lemons (d) tea leaves and milk
  9. 9.True or false: “a folding table” is a one-time cost. (a) True (b) False
  10. 10.Arjun has ₹90 to spend on rolls of ribbon. One roll of ribbon costs ₹8. What is the greatest number of rolls of ribbon Arjun can buy?
  11. 11.Meera has a budget of ₹600. The stock costs ₹50 and the stall fee is ₹580. Is the budget enough? (a) Yes (b) No
  12. 12.Riya has ₹380 to spend on packets of seeds. One packet of seeds costs ₹20. What is the greatest number of packets of seeds Riya can buy?
  13. 13.Which of these is a running cost? (a) a juicer (b) a cooler box (c) card paper (d) a cloth banner
  14. 14.True or false: “a cooler box” is a one-time cost. (a) True (b) False
  15. 15.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost
  16. 16.Which of these is a one-time cost? (a) a price board (b) seeds and soil (c) tea leaves and milk (d) lemons
  17. 17.Which of these is a running cost? (a) a cash box (b) sugar (c) a cloth banner (d) a cooler box
  18. 18.Dev has ₹420 to spend on sheets of card paper. One sheet of card paper costs ₹20. What is the greatest number of sheets of card paper Dev can buy?
  19. 19.📒 One-time cost or running cost: ice? (a) a running cost (b) a one-time cost
  20. 20.Dev’s stall budget is ₹730. Sugar cost ₹170, lemons cost ₹300 and a price board cost ₹220. How many rupees of the budget are left?
  21. 21.Aarav has a budget of ₹400. The stock costs ₹130 and the stall fee is ₹280. Is the budget enough? (a) Yes (b) No
  22. 22.True or false: “a cash box” is a one-time cost. (a) False (b) True
  23. 23.Saanvi plans to make 27 jute bags. Each needs ₹9 of materials, and a banner costs ₹250 once. What total budget is needed (in ₹)?
  24. 24.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
  25. 25.Lakshmi’s stall budget is ₹590. Paper cups cost ₹140, seeds cost ₹100 and ribbon cost ₹210. How many rupees of the budget are left?
  26. 26.Tara’s stall budget is ₹520. Ribbon cost ₹170, a banner cost ₹30 and a price board cost ₹180. How many rupees of the budget are left?
  27. 27.True or false: “lemons” is a running cost. (a) True (b) False
  28. 28.Which of these is a running cost? (a) ice (b) a price board (c) a cloth banner (d) a juicer
  29. 29.🔍 Which is the odd one out? (a) paper cups (b) sugar (c) seeds and soil (d) a cash box
  30. 30.Which of these is a running cost? (a) seeds and soil (b) a cloth banner (c) a price board (d) a cash box
  31. 31.📒 One-time cost or running cost: a cloth banner? (a) a one-time cost (b) a running cost
  32. 32.Diya plans to make 19 glasses of chai. Each needs ₹8 of materials, and a banner costs ₹60 once. What total budget is needed (in ₹)?
  33. 33.Lakshmi has a budget of ₹1000. The stock costs ₹120 and the stall fee is ₹910. Is the budget enough? (a) No (b) Yes
  34. 34.Farhan has a budget of ₹500. The stock costs ₹120 and the stall fee is ₹400. Is the budget enough? (a) No (b) Yes
  35. 35.Joseph’s stall budget is ₹830. Ribbon cost ₹190, card paper cost ₹130 and lemons cost ₹280. How many rupees of the budget are left?
  36. 36.True or false: “paper cups” is a one-time cost. (a) True (b) False
  37. 37.True or false: “a cloth banner” is a running cost. (a) False (b) True
  38. 38.True or false: “tea leaves and milk” is a running cost. (a) True (b) False
  39. 39.True or false: “seeds and soil” is a one-time cost. (a) True (b) False
  40. 40.True or false: “ice” is a one-time cost. (a) True (b) False

Answer key

  1. a running cost
  2. a one-time cost
  3. Yes
  4. a folding table
  5. a folding table
  6. 266
  7. False
  8. a cloth banner
  9. True
  10. 11
  11. No
  12. 19
  13. card paper
  14. True
  15. a one-time cost
  16. a price board
  17. sugar
  18. 21
  19. a running cost
  20. 40
  21. No
  22. True
  23. 493
  24. a running cost
  25. 140
  26. 140
  27. True
  28. ice
  29. a cash box
  30. seeds and soil
  31. a one-time cost
  32. 212
  33. No
  34. No
  35. 230
  36. False
  37. False
  38. True
  39. False
  40. False

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