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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 462 · 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.

NameDateTime takenScore ___ / 40
  1. 1.🔍 Which is the odd one out? (a) sugar (b) a cash box (c) paper cups (d) seeds and soil
  2. 2.Riya has ₹460 to spend on packets of seeds. One packet of seeds costs ₹5. What is the greatest number of packets of seeds Riya can buy?
  3. 3.Which of these is a one-time cost? (a) ice (b) seeds and soil (c) a cooler box (d) lemons
  4. 4.True or false: “a price board” is a one-time cost. (a) True (b) False
  5. 5.Which of these is a one-time cost? (a) paper cups (b) seeds and soil (c) a cloth banner (d) ice
  6. 6.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  7. 7.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
  8. 8.Which of these is a running cost? (a) a cloth banner (b) a folding table (c) tea leaves and milk (d) a price board
  9. 9.Aarav has a budget of ₹1000. The stock costs ₹440 and the stall fee is ₹590. Is the budget enough? (a) No (b) Yes
  10. 10.True or false: “lemons” is a one-time cost. (a) False (b) True
  11. 11.True or false: “sugar” is a running cost. (a) True (b) False
  12. 12.Which of these is a running cost? (a) a cash box (b) a folding table (c) paper cups (d) a juicer
  13. 13.Zoya has ₹80 to spend on lemons. One lemon costs ₹10. What is the greatest number of lemons Zoya can buy?
  14. 14.📒 One-time cost or running cost: paper cups? (a) a one-time cost (b) a running cost
  15. 15.Diya has ₹280 to spend on packs of cups. One pack of cups costs ₹10. What is the greatest number of packs of cups Diya can buy?
  16. 16.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost
  17. 17.True or false: “tea leaves and milk” is a running cost. (a) True (b) False
  18. 18.Ananya has a budget of ₹1000. The stock costs ₹100 and the stall fee is ₹900. Is the budget enough? (a) Yes (b) No
  19. 19.True or false: “a cooler box” is a one-time cost. (a) False (b) True
  20. 20.🔍 Which is the odd one out? (a) tea leaves and milk (b) a cloth banner (c) ice (d) sugar
  21. 21.Aarav plans to make 25 painted pebbles. Each needs ₹8 of materials, and a banner costs ₹140 once. What total budget is needed (in ₹)?
  22. 22.Kavya plans to make 13 friendship bands. Each needs ₹5 of materials, and a banner costs ₹280 once. What total budget is needed (in ₹)?
  23. 23.Which of these is a running cost? (a) a cloth banner (b) a juicer (c) ice (d) a folding table
  24. 24.True or false: “a folding table” is a one-time cost. (a) True (b) False
  25. 25.Rohan has ₹180 to spend on sheets of card paper. One sheet of card paper costs ₹6. What is the greatest number of sheets of card paper Rohan can buy?
  26. 26.True or false: “a cash box” is a running cost. (a) True (b) False
  27. 27.🔍 Which is the odd one out? (a) a price board (b) a folding table (c) a cash box (d) seeds and soil
  28. 28.📒 One-time cost or running cost: sugar? (a) a running cost (b) a one-time cost
  29. 29.True or false: “a juicer” is a one-time cost. (a) True (b) False
  30. 30.True or false: “a juicer” is a running cost. (a) False (b) True
  31. 31.True or false: “a cloth banner” is a running cost. (a) False (b) True
  32. 32.True or false: “paper cups” is a one-time cost. (a) False (b) True
  33. 33.🔍 Which is the odd one out? (a) a cloth banner (b) a cooler box (c) a cash box (d) ice
  34. 34.📒 One-time cost or running cost: lemons? (a) a one-time cost (b) a running cost
  35. 35.🔍 Which is the odd one out? (a) a juicer (b) a cooler box (c) a folding table (d) card paper
  36. 36.True or false: “a price board” is a running cost. (a) False (b) True
  37. 37.True or false: “a cash box” is a one-time cost. (a) False (b) True
  38. 38.Meera’s stall budget is ₹580. Pots cost ₹110, ribbon cost ₹210 and a banner cost ₹120. How many rupees of the budget are left?
  39. 39.Tara’s stall budget is ₹470. A banner cost ₹80, a price board cost ₹100 and card paper cost ₹180. How many rupees of the budget are left?
  40. 40.True or false: “a cooler box” is a running cost. (a) False (b) True

Answer key

  1. a cash box
  2. 92
  3. a cooler box
  4. True
  5. a cloth banner
  6. a one-time cost
  7. a one-time cost
  8. tea leaves and milk
  9. No
  10. False
  11. True
  12. paper cups
  13. 8
  14. a running cost
  15. 28
  16. a one-time cost
  17. True
  18. Yes
  19. True
  20. a cloth banner
  21. 340
  22. 345
  23. ice
  24. True
  25. 30
  26. False
  27. seeds and soil
  28. a running cost
  29. True
  30. False
  31. False
  32. False
  33. ice
  34. a running cost
  35. card paper
  36. False
  37. True
  38. 140
  39. 110
  40. False

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