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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 548 · 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.True or false: “paper cups” is a running cost. (a) True (b) False
  2. 2.Which of these is a one-time cost? (a) seeds and soil (b) lemons (c) a cloth banner (d) tea leaves and milk
  3. 3.📒 One-time cost or running cost: seeds and soil? (a) a one-time cost (b) a running cost
  4. 4.Ishaan plans to make 31 painted pebbles. Each needs ₹6 of materials, and a banner costs ₹160 once. What total budget is needed (in ₹)?
  5. 5.Which of these is a running cost? (a) a juicer (b) lemons (c) a price board (d) a cash box
  6. 6.True or false: “ice” is a one-time cost. (a) True (b) False
  7. 7.True or false: “a cloth banner” is a running cost. (a) True (b) False
  8. 8.Arjun’s stall budget is ₹720. Pots cost ₹290, a banner cost ₹220 and lemons cost ₹130. How many rupees of the budget are left?
  9. 9.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  10. 10.Which of these is a one-time cost? (a) tea leaves and milk (b) lemons (c) a folding table (d) card paper
  11. 11.Joseph has ₹480 to spend on sheets of card paper. One sheet of card paper costs ₹6. What is the greatest number of sheets of card paper Joseph can buy?
  12. 12.Nisha has a budget of ₹800. The stock costs ₹210 and the stall fee is ₹540. Is the budget enough? (a) No (b) Yes
  13. 13.📒 One-time cost or running cost: lemons? (a) a running cost (b) a one-time cost
  14. 14.Riya has a budget of ₹800. The stock costs ₹60 and the stall fee is ₹700. Is the budget enough? (a) No (b) Yes
  15. 15.🔍 Which is the odd one out? (a) paper cups (b) sugar (c) a cloth banner (d) card paper
  16. 16.Arjun’s stall budget is ₹540. Card paper cost ₹110, paper cups cost ₹140 and napkins cost ₹90. How many rupees of the budget are left?
  17. 17.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  18. 18.🔍 Which is the odd one out? (a) lemons (b) card paper (c) a price board (d) ice
  19. 19.Ishaan’s stall budget is ₹520. Sugar cost ₹90, lemons cost ₹30 and seeds cost ₹220. How many rupees of the budget are left?
  20. 20.🔍 Which is the odd one out? (a) a cash box (b) a folding table (c) tea leaves and milk (d) a cooler box
  21. 21.🔍 Which is the odd one out? (a) sugar (b) a cloth banner (c) a cooler box (d) a cash box
  22. 22.Nisha plans to make 42 cupcakes. Each needs ₹9 of materials, and a banner costs ₹160 once. What total budget is needed (in ₹)?
  23. 23.Which of these is a one-time cost? (a) card paper (b) seeds and soil (c) tea leaves and milk (d) a price board
  24. 24.Which of these is a running cost? (a) a price board (b) a folding table (c) card paper (d) a cooler box
  25. 25.Kabir’s stall budget is ₹820. Lemons cost ₹240, ribbon cost ₹140 and napkins cost ₹250. How many rupees of the budget are left?
  26. 26.📒 One-time cost or running cost: a price board? (a) a one-time cost (b) a running cost
  27. 27.Aarav plans to make 16 fruit cups. Each needs ₹2 of materials, and a banner costs ₹230 once. What total budget is needed (in ₹)?
  28. 28.Zoya’s stall budget is ₹640. Napkins cost ₹230, a price board cost ₹220 and seeds cost ₹60. How many rupees of the budget are left?
  29. 29.True or false: “lemons” is a one-time cost. (a) True (b) False
  30. 30.True or false: “tea leaves and milk” is a one-time cost. (a) False (b) True
  31. 31.True or false: “a cooler box” is a one-time cost. (a) False (b) True
  32. 32.Dev plans to make 26 friendship bands. Each needs ₹5 of materials, and a banner costs ₹70 once. What total budget is needed (in ₹)?
  33. 33.True or false: “card paper” is a running cost. (a) False (b) True
  34. 34.Rohan’s stall budget is ₹560. Paper cups cost ₹250, pots cost ₹50 and a price board cost ₹70. How many rupees of the budget are left?
  35. 35.Which of these is a running cost? (a) a cloth banner (b) a folding table (c) ice (d) a juicer
  36. 36.Saanvi has a budget of ₹1000. The stock costs ₹490 and the stall fee is ₹520. Is the budget enough? (a) No (b) Yes
  37. 37.Ananya’s stall budget is ₹620. Card paper cost ₹80, sugar cost ₹30 and a banner cost ₹220. How many rupees of the budget are left?
  38. 38.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
  39. 39.Tara has a budget of ₹1000. The stock costs ₹50 and the stall fee is ₹920. Is the budget enough? (a) Yes (b) No
  40. 40.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost

Answer key

  1. True
  2. a cloth banner
  3. a running cost
  4. 346
  5. lemons
  6. False
  7. False
  8. 80
  9. a one-time cost
  10. a folding table
  11. 80
  12. Yes
  13. a running cost
  14. Yes
  15. a cloth banner
  16. 200
  17. a one-time cost
  18. a price board
  19. 180
  20. tea leaves and milk
  21. sugar
  22. 538
  23. a price board
  24. card paper
  25. 190
  26. a one-time cost
  27. 262
  28. 130
  29. False
  30. False
  31. True
  32. 200
  33. True
  34. 190
  35. ice
  36. No
  37. 290
  38. a one-time cost
  39. Yes
  40. a one-time cost

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