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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 555 · 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: ice? (a) a running cost (b) a one-time cost
  2. 2.True or false: “a folding table” is a running cost. (a) False (b) True
  3. 3.Ishaan plans to make 22 handmade cards. Each needs ₹2 of materials, and a banner costs ₹280 once. What total budget is needed (in ₹)?
  4. 4.Meera has a budget of ₹900. The stock costs ₹370 and the stall fee is ₹490. Is the budget enough? (a) No (b) Yes
  5. 5.Kabir’s stall budget is ₹530. A price board cost ₹80, sugar cost ₹300 and paper cups cost ₹90. How many rupees of the budget are left?
  6. 6.Arjun has a budget of ₹600. The stock costs ₹70 and the stall fee is ₹530. Is the budget enough? (a) Yes (b) No
  7. 7.🔍 Which is the odd one out? (a) a cash box (b) a cloth banner (c) card paper (d) a juicer
  8. 8.Which of these is a one-time cost? (a) tea leaves and milk (b) seeds and soil (c) a cooler box (d) card paper
  9. 9.Which of these is a one-time cost? (a) ice (b) seeds and soil (c) lemons (d) a cloth banner
  10. 10.Which of these is a one-time cost? (a) a cash box (b) paper cups (c) ice (d) lemons
  11. 11.🔍 Which is the odd one out? (a) sugar (b) seeds and soil (c) a folding table (d) tea leaves and milk
  12. 12.True or false: “a cloth banner” is a running cost. (a) True (b) False
  13. 13.True or false: “a juicer” is a running cost. (a) True (b) False
  14. 14.True or false: “a cash box” is a one-time cost. (a) False (b) True
  15. 15.🔍 Which is the odd one out? (a) ice (b) sugar (c) paper cups (d) a price board
  16. 16.Which of these is a running cost? (a) tea leaves and milk (b) a cooler box (c) a price board (d) a cash box
  17. 17.Saanvi has ₹110 to spend on sheets of card paper. One sheet of card paper costs ₹15. What is the greatest number of sheets of card paper Saanvi can buy?
  18. 18.Which of these is a one-time cost? (a) ice (b) card paper (c) a price board (d) paper cups
  19. 19.Which of these is a one-time cost? (a) seeds and soil (b) tea leaves and milk (c) a folding table (d) paper cups
  20. 20.Tara plans to make 31 jute bags. Each needs ₹7 of materials, and a banner costs ₹60 once. What total budget is needed (in ₹)?
  21. 21.Which of these is a one-time cost? (a) ice (b) a juicer (c) paper cups (d) seeds and soil
  22. 22.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  23. 23.True or false: “ice” is a one-time cost. (a) True (b) False
  24. 24.Farhan plans to make 11 cupcakes. Each needs ₹10 of materials, and a banner costs ₹110 once. What total budget is needed (in ₹)?
  25. 25.True or false: “a cloth banner” is a one-time cost. (a) False (b) True
  26. 26.Kabir’s stall budget is ₹350. A banner cost ₹30, card paper cost ₹110 and paper cups cost ₹100. How many rupees of the budget are left?
  27. 27.🔍 Which is the odd one out? (a) a cloth banner (b) a folding table (c) a cash box (d) paper cups
  28. 28.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost
  29. 29.Zoya has ₹150 to spend on packs of cups. One pack of cups costs ₹6. What is the greatest number of packs of cups Zoya can buy?
  30. 30.📒 One-time cost or running cost: card paper? (a) a running cost (b) a one-time cost
  31. 31.Meera has a budget of ₹800. The stock costs ₹90 and the stall fee is ₹690. Is the budget enough? (a) Yes (b) No
  32. 32.Which of these is a running cost? (a) a cash box (b) a folding table (c) paper cups (d) a price board
  33. 33.True or false: “a cooler box” is a one-time cost. (a) False (b) True
  34. 34.📒 One-time cost or running cost: lemons? (a) a running cost (b) a one-time cost
  35. 35.📒 One-time cost or running cost: paper cups? (a) a one-time cost (b) a running cost
  36. 36.Which of these is a running cost? (a) lemons (b) a price board (c) a folding table (d) a cash box
  37. 37.Meera’s stall budget is ₹770. A banner cost ₹210, pots cost ₹180 and lemons cost ₹100. How many rupees of the budget are left?
  38. 38.🔍 Which is the odd one out? (a) a cash box (b) tea leaves and milk (c) seeds and soil (d) ice
  39. 39.Zoya plans to make 27 handmade cards. Each needs ₹9 of materials, and a banner costs ₹170 once. What total budget is needed (in ₹)?
  40. 40.Joseph’s stall budget is ₹560. A banner cost ₹160, napkins cost ₹110 and a price board cost ₹30. How many rupees of the budget are left?

Answer key

  1. a running cost
  2. False
  3. 324
  4. Yes
  5. 60
  6. Yes
  7. card paper
  8. a cooler box
  9. a cloth banner
  10. a cash box
  11. a folding table
  12. False
  13. False
  14. True
  15. a price board
  16. tea leaves and milk
  17. 7
  18. a price board
  19. a folding table
  20. 277
  21. a juicer
  22. a one-time cost
  23. False
  24. 220
  25. True
  26. 110
  27. paper cups
  28. a one-time cost
  29. 25
  30. a running cost
  31. Yes
  32. paper cups
  33. True
  34. a running cost
  35. a running cost
  36. lemons
  37. 280
  38. a cash box
  39. 413
  40. 260

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