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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 567 · 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 of these is a one-time cost? (a) card paper (b) ice (c) sugar (d) a juicer
  2. 2.True or false: “a folding table” is a one-time cost. (a) False (b) True
  3. 3.🔍 Which is the odd one out? (a) a juicer (b) tea leaves and milk (c) a folding table (d) a cloth banner
  4. 4.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost
  5. 5.Which of these is a one-time cost? (a) sugar (b) lemons (c) a price board (d) seeds and soil
  6. 6.Zoya’s stall budget is ₹520. Sugar cost ₹220, a banner cost ₹20 and napkins cost ₹70. How many rupees of the budget are left?
  7. 7.Which of these is a running cost? (a) a cash box (b) a price board (c) lemons (d) a juicer
  8. 8.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
  9. 9.📒 One-time cost or running cost: a cloth banner? (a) a one-time cost (b) a running cost
  10. 10.🔍 Which is the odd one out? (a) card paper (b) a price board (c) a cloth banner (d) a folding table
  11. 11.🔍 Which is the odd one out? (a) a price board (b) a cloth banner (c) a juicer (d) paper cups
  12. 12.Nisha’s stall budget is ₹430. A banner cost ₹120, a price board cost ₹20 and ribbon cost ₹250. How many rupees of the budget are left?
  13. 13.Which of these is a one-time cost? (a) card paper (b) ice (c) sugar (d) a cooler box
  14. 14.Meera plans to make 19 paper bookmarks. Each needs ₹5 of materials, and a banner costs ₹160 once. What total budget is needed (in ₹)?
  15. 15.🔍 Which is the odd one out? (a) a cooler box (b) a cloth banner (c) sugar (d) a cash box
  16. 16.🔍 Which is the odd one out? (a) seeds and soil (b) sugar (c) a cloth banner (d) paper cups
  17. 17.Which of these is a one-time cost? (a) ice (b) lemons (c) paper cups (d) a folding table
  18. 18.True or false: “seeds and soil” is a running cost. (a) True (b) False
  19. 19.🔍 Which is the odd one out? (a) tea leaves and milk (b) paper cups (c) card paper (d) a cash box
  20. 20.Dev has a budget of ₹700. The stock costs ₹350 and the stall fee is ₹300. Is the budget enough? (a) Yes (b) No
  21. 21.True or false: “card paper” is a running cost. (a) True (b) False
  22. 22.Which of these is a running cost? (a) a cash box (b) a folding table (c) a juicer (d) card paper
  23. 23.Dev has ₹290 to spend on sheets of card paper. One sheet of card paper costs ₹6. What is the greatest number of sheets of card paper Dev can buy?
  24. 24.🔍 Which is the odd one out? (a) a cash box (b) a cloth banner (c) ice (d) a juicer
  25. 25.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  26. 26.Kavya’s stall budget is ₹650. Lemons cost ₹200, sugar cost ₹90 and paper cups cost ₹150. How many rupees of the budget are left?
  27. 27.Vihaan has a budget of ₹700. The stock costs ₹340 and the stall fee is ₹330. Is the budget enough? (a) No (b) Yes
  28. 28.Kavya has ₹300 to spend on rolls of ribbon. One roll of ribbon costs ₹8. What is the greatest number of rolls of ribbon Kavya can buy?
  29. 29.Rohan has a budget of ₹1000. The stock costs ₹440 and the stall fee is ₹540. Is the budget enough? (a) Yes (b) No
  30. 30.Which of these is a running cost? (a) ice (b) a folding table (c) a cloth banner (d) a cash box
  31. 31.True or false: “a price board” is a running cost. (a) True (b) False
  32. 32.Nisha has ₹380 to spend on packets of seeds. One packet of seeds costs ₹10. What is the greatest number of packets of seeds Nisha can buy?
  33. 33.Which of these is a running cost? (a) paper cups (b) a price board (c) a cooler box (d) a folding table
  34. 34.True or false: “lemons” is a running cost. (a) False (b) True
  35. 35.📒 One-time cost or running cost: lemons? (a) a one-time cost (b) a running cost
  36. 36.📒 One-time cost or running cost: ice? (a) a one-time cost (b) a running cost
  37. 37.Ananya’s stall budget is ₹380. Lemons cost ₹240, sugar cost ₹50 and card paper cost ₹80. How many rupees of the budget are left?
  38. 38.Vihaan has ₹250 to spend on rolls of ribbon. One roll of ribbon costs ₹15. What is the greatest number of rolls of ribbon Vihaan can buy?
  39. 39.Dev plans to make 49 friendship bands. Each needs ₹5 of materials, and a banner costs ₹180 once. What total budget is needed (in ₹)?
  40. 40.Kabir’s stall budget is ₹560. Card paper cost ₹150, sugar cost ₹190 and pots cost ₹50. How many rupees of the budget are left?

Answer key

  1. a juicer
  2. True
  3. tea leaves and milk
  4. a one-time cost
  5. a price board
  6. 210
  7. lemons
  8. a one-time cost
  9. a one-time cost
  10. card paper
  11. paper cups
  12. 40
  13. a cooler box
  14. 255
  15. sugar
  16. a cloth banner
  17. a folding table
  18. True
  19. a cash box
  20. Yes
  21. True
  22. card paper
  23. 48
  24. ice
  25. a one-time cost
  26. 210
  27. Yes
  28. 37
  29. Yes
  30. ice
  31. False
  32. 38
  33. paper cups
  34. True
  35. a running cost
  36. a running cost
  37. 10
  38. 16
  39. 425
  40. 170

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