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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 558 · 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.🔍 Which is the odd one out? (a) seeds and soil (b) card paper (c) a cooler box (d) sugar
  2. 2.Which of these is a one-time cost? (a) a cooler box (b) ice (c) sugar (d) tea leaves and milk
  3. 3.True or false: “lemons” is a one-time cost. (a) False (b) True
  4. 4.True or false: “paper cups” is a one-time cost. (a) True (b) False
  5. 5.Which of these is a one-time cost? (a) tea leaves and milk (b) a juicer (c) seeds and soil (d) lemons
  6. 6.📒 One-time cost or running cost: lemons? (a) a running cost (b) a one-time cost
  7. 7.🔍 Which is the odd one out? (a) a folding table (b) a cloth banner (c) sugar (d) a cash box
  8. 8.Kavya’s stall budget is ₹890. Lemons cost ₹170, napkins cost ₹280 and paper cups cost ₹200. How many rupees of the budget are left?
  9. 9.🔍 Which is the odd one out? (a) sugar (b) tea leaves and milk (c) card paper (d) a folding table
  10. 10.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost
  11. 11.Diya has ₹440 to spend on packs of cups. One pack of cups costs ₹12. What is the greatest number of packs of cups Diya can buy?
  12. 12.True or false: “a cloth banner” is a running cost. (a) False (b) True
  13. 13.🔍 Which is the odd one out? (a) a cooler box (b) card paper (c) a cloth banner (d) a folding table
  14. 14.True or false: “a juicer” is a one-time cost. (a) True (b) False
  15. 15.Farhan plans to make 29 paper bookmarks. Each needs ₹4 of materials, and a banner costs ₹210 once. What total budget is needed (in ₹)?
  16. 16.True or false: “seeds and soil” is a one-time cost. (a) False (b) True
  17. 17.Aarav plans to make 17 potted plants. Each needs ₹6 of materials, and a banner costs ₹140 once. What total budget is needed (in ₹)?
  18. 18.Which of these is a running cost? (a) a juicer (b) a cash box (c) lemons (d) a price board
  19. 19.Which of these is a one-time cost? (a) seeds and soil (b) lemons (c) tea leaves and milk (d) a cloth banner
  20. 20.True or false: “card paper” is a running cost. (a) False (b) True
  21. 21.📒 One-time cost or running cost: seeds and soil? (a) a running cost (b) a one-time cost
  22. 22.True or false: “a cooler box” is a one-time cost. (a) False (b) True
  23. 23.Which of these is a one-time cost? (a) card paper (b) seeds and soil (c) sugar (d) a folding table
  24. 24.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
  25. 25.🔍 Which is the odd one out? (a) sugar (b) lemons (c) paper cups (d) a cash box
  26. 26.🔍 Which is the odd one out? (a) paper cups (b) a folding table (c) a price board (d) a cooler box
  27. 27.Ishaan has a budget of ₹1000. The stock costs ₹100 and the stall fee is ₹930. Is the budget enough? (a) No (b) Yes
  28. 28.📒 One-time cost or running cost: a cash box? (a) a one-time cost (b) a running cost
  29. 29.🔍 Which is the odd one out? (a) lemons (b) a cooler box (c) a cloth banner (d) a cash box
  30. 30.Joseph has ₹180 to spend on lemons. One lemon costs ₹20. What is the greatest number of lemons Joseph can buy?
  31. 31.📒 One-time cost or running cost: card paper? (a) a running cost (b) a one-time cost
  32. 32.Meera plans to make 44 clay diyas. Each needs ₹2 of materials, and a banner costs ₹300 once. What total budget is needed (in ₹)?
  33. 33.🔍 Which is the odd one out? (a) ice (b) tea leaves and milk (c) card paper (d) a juicer
  34. 34.Gurpreet plans to make 46 potted plants. Each needs ₹6 of materials, and a banner costs ₹120 once. What total budget is needed (in ₹)?
  35. 35.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  36. 36.🔍 Which is the odd one out? (a) a folding table (b) a cash box (c) seeds and soil (d) a cloth banner
  37. 37.True or false: “ice” is a one-time cost. (a) False (b) True
  38. 38.Which of these is a running cost? (a) a cooler box (b) a juicer (c) ice (d) a cloth banner
  39. 39.True or false: “seeds and soil” is a running cost. (a) False (b) True
  40. 40.Rohan plans to make 17 paper bookmarks. Each needs ₹4 of materials, and a banner costs ₹290 once. What total budget is needed (in ₹)?

Answer key

  1. a cooler box
  2. a cooler box
  3. False
  4. False
  5. a juicer
  6. a running cost
  7. sugar
  8. 240
  9. a folding table
  10. a one-time cost
  11. 36
  12. False
  13. card paper
  14. True
  15. 326
  16. False
  17. 242
  18. lemons
  19. a cloth banner
  20. True
  21. a running cost
  22. True
  23. a folding table
  24. a one-time cost
  25. a cash box
  26. paper cups
  27. No
  28. a one-time cost
  29. lemons
  30. 9
  31. a running cost
  32. 388
  33. a juicer
  34. 396
  35. a one-time cost
  36. seeds and soil
  37. False
  38. ice
  39. True
  40. 358

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