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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 561 · 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: a cash box? (a) a running cost (b) a one-time cost
  2. 2.True or false: “a cash box” is a one-time cost. (a) False (b) True
  3. 3.Which of these is a one-time cost? (a) sugar (b) seeds and soil (c) ice (d) a folding table
  4. 4.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost
  5. 5.🔍 Which is the odd one out? (a) a cloth banner (b) seeds and soil (c) a cash box (d) a price board
  6. 6.📒 One-time cost or running cost: lemons? (a) a one-time cost (b) a running cost
  7. 7.True or false: “card paper” is a one-time cost. (a) True (b) False
  8. 8.True or false: “a cloth banner” is a running cost. (a) True (b) False
  9. 9.Nisha’s stall budget is ₹520. Pots cost ₹60, lemons cost ₹200 and card paper cost ₹90. How many rupees of the budget are left?
  10. 10.Joseph plans to make 24 paper bookmarks. Each needs ₹10 of materials, and a banner costs ₹60 once. What total budget is needed (in ₹)?
  11. 11.True or false: “a juicer” is a one-time cost. (a) False (b) True
  12. 12.Arjun has a budget of ₹400. The stock costs ₹170 and the stall fee is ₹230. Is the budget enough? (a) Yes (b) No
  13. 13.Which of these is a one-time cost? (a) lemons (b) ice (c) a cooler box (d) paper cups
  14. 14.Riya plans to make 36 bags of popcorn. Each needs ₹9 of materials, and a banner costs ₹160 once. What total budget is needed (in ₹)?
  15. 15.Dev has a budget of ₹900. The stock costs ₹360 and the stall fee is ₹520. Is the budget enough? (a) No (b) Yes
  16. 16.📒 One-time cost or running cost: a cooler box? (a) a one-time cost (b) a running cost
  17. 17.Aarav’s stall budget is ₹610. Ribbon cost ₹260, seeds cost ₹150 and a banner cost ₹80. How many rupees of the budget are left?
  18. 18.🔍 Which is the odd one out? (a) a folding table (b) a cloth banner (c) a price board (d) lemons
  19. 19.Riya plans to make 16 bags of popcorn. Each needs ₹8 of materials, and a banner costs ₹290 once. What total budget is needed (in ₹)?
  20. 20.Ishaan has a budget of ₹700. The stock costs ₹180 and the stall fee is ₹550. Is the budget enough? (a) Yes (b) No
  21. 21.Which of these is a one-time cost? (a) sugar (b) tea leaves and milk (c) a cash box (d) ice
  22. 22.True or false: “a folding table” is a one-time cost. (a) False (b) True
  23. 23.True or false: “ice” is a running cost. (a) False (b) True
  24. 24.🔍 Which is the odd one out? (a) a cooler box (b) a price board (c) ice (d) a juicer
  25. 25.🔍 Which is the odd one out? (a) a cooler box (b) paper cups (c) a juicer (d) a cash box
  26. 26.True or false: “card paper” is a running cost. (a) False (b) True
  27. 27.📒 One-time cost or running cost: ice? (a) a running cost (b) a one-time cost
  28. 28.Rohan’s stall budget is ₹800. Paper cups cost ₹60, lemons cost ₹250 and card paper cost ₹230. How many rupees of the budget are left?
  29. 29.Which of these is a running cost? (a) a cash box (b) a juicer (c) a cooler box (d) paper cups
  30. 30.Lakshmi has ₹170 to spend on packets of seeds. One packet of seeds costs ₹15. What is the greatest number of packets of seeds Lakshmi can buy?
  31. 31.Farhan has ₹150 to spend on sheets of card paper. One sheet of card paper costs ₹6. What is the greatest number of sheets of card paper Farhan can buy?
  32. 32.True or false: “paper cups” is a one-time cost. (a) True (b) False
  33. 33.Which of these is a running cost? (a) lemons (b) a cloth banner (c) a price board (d) a folding table
  34. 34.Tara has a budget of ₹1000. The stock costs ₹100 and the stall fee is ₹950. Is the budget enough? (a) Yes (b) No
  35. 35.Saanvi has a budget of ₹1000. The stock costs ₹60 and the stall fee is ₹890. Is the budget enough? (a) Yes (b) No
  36. 36.Gurpreet’s stall budget is ₹310. A banner cost ₹30, card paper cost ₹80 and lemons cost ₹50. How many rupees of the budget are left?
  37. 37.Aarav plans to make 11 cups of lemonade. Each needs ₹2 of materials, and a banner costs ₹70 once. What total budget is needed (in ₹)?
  38. 38.True or false: “a folding table” is a running cost. (a) True (b) False
  39. 39.Arjun’s stall budget is ₹710. A banner cost ₹300, ribbon cost ₹180 and napkins cost ₹30. How many rupees of the budget are left?
  40. 40.True or false: “sugar” is a running cost. (a) False (b) True

Answer key

  1. a one-time cost
  2. True
  3. a folding table
  4. a one-time cost
  5. seeds and soil
  6. a running cost
  7. False
  8. False
  9. 170
  10. 300
  11. True
  12. Yes
  13. a cooler box
  14. 484
  15. Yes
  16. a one-time cost
  17. 120
  18. lemons
  19. 418
  20. No
  21. a cash box
  22. True
  23. True
  24. ice
  25. paper cups
  26. True
  27. a running cost
  28. 260
  29. paper cups
  30. 11
  31. 25
  32. False
  33. lemons
  34. No
  35. Yes
  36. 150
  37. 92
  38. False
  39. 200
  40. True

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