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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 580 · 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: paper cups? (a) a one-time cost (b) a running cost
  2. 2.True or false: “tea leaves and milk” is a running cost. (a) True (b) False
  3. 3.True or false: “paper cups” is a running cost. (a) True (b) False
  4. 4.Saanvi has a budget of ₹700. The stock costs ₹130 and the stall fee is ₹620. Is the budget enough? (a) No (b) Yes
  5. 5.📒 One-time cost or running cost: tea leaves and milk? (a) a running cost (b) a one-time cost
  6. 6.🔍 Which is the odd one out? (a) a folding table (b) a cash box (c) a juicer (d) card paper
  7. 7.Which of these is a one-time cost? (a) a cloth banner (b) tea leaves and milk (c) ice (d) card paper
  8. 8.🔍 Which is the odd one out? (a) a price board (b) a cash box (c) a cloth banner (d) lemons
  9. 9.Kabir plans to make 14 paper bookmarks. Each needs ₹10 of materials, and a banner costs ₹120 once. What total budget is needed (in ₹)?
  10. 10.Dev has ₹100 to spend on packets of seeds. One packet of seeds costs ₹12. What is the greatest number of packets of seeds Dev can buy?
  11. 11.📒 One-time cost or running cost: ice? (a) a running cost (b) a one-time cost
  12. 12.Which of these is a running cost? (a) seeds and soil (b) a price board (c) a cloth banner (d) a cash box
  13. 13.True or false: “a juicer” is a one-time cost. (a) True (b) False
  14. 14.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  15. 15.Which of these is a running cost? (a) a juicer (b) a cash box (c) tea leaves and milk (d) a folding table
  16. 16.True or false: “a cooler box” is a one-time cost. (a) False (b) True
  17. 17.Zoya’s stall budget is ₹610. Card paper cost ₹80, a banner cost ₹190 and ribbon cost ₹200. How many rupees of the budget are left?
  18. 18.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  19. 19.🔍 Which is the odd one out? (a) tea leaves and milk (b) a cloth banner (c) ice (d) lemons
  20. 20.Diya’s stall budget is ₹530. Lemons cost ₹60, ribbon cost ₹160 and sugar cost ₹120. How many rupees of the budget are left?
  21. 21.Farhan has a budget of ₹400. The stock costs ₹90 and the stall fee is ₹330. Is the budget enough? (a) No (b) Yes
  22. 22.Which of these is a running cost? (a) sugar (b) a price board (c) a cooler box (d) a cash box
  23. 23.Gurpreet’s stall budget is ₹420. Paper cups cost ₹70, pots cost ₹130 and napkins cost ₹70. How many rupees of the budget are left?
  24. 24.Which of these is a one-time cost? (a) a cash box (b) paper cups (c) tea leaves and milk (d) sugar
  25. 25.Diya plans to make 33 friendship bands. Each needs ₹10 of materials, and a banner costs ₹180 once. What total budget is needed (in ₹)?
  26. 26.True or false: “seeds and soil” is a running cost. (a) False (b) True
  27. 27.Lakshmi has a budget of ₹700. The stock costs ₹280 and the stall fee is ₹400. Is the budget enough? (a) Yes (b) No
  28. 28.📒 One-time cost or running cost: card paper? (a) a one-time cost (b) a running cost
  29. 29.Diya’s stall budget is ₹530. Lemons cost ₹120, pots cost ₹280 and seeds cost ₹90. How many rupees of the budget are left?
  30. 30.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost
  31. 31.Which of these is a running cost? (a) a juicer (b) ice (c) a cooler box (d) a price board
  32. 32.Which of these is a one-time cost? (a) a price board (b) seeds and soil (c) tea leaves and milk (d) paper cups
  33. 33.Which of these is a running cost? (a) a folding table (b) a price board (c) lemons (d) a juicer
  34. 34.True or false: “a folding table” is a one-time cost. (a) False (b) True
  35. 35.Joseph’s stall budget is ₹370. Ribbon cost ₹190, seeds cost ₹70 and pots cost ₹60. How many rupees of the budget are left?
  36. 36.🔍 Which is the odd one out? (a) sugar (b) lemons (c) ice (d) a cooler box
  37. 37.Riya has a budget of ₹700. The stock costs ₹200 and the stall fee is ₹470. Is the budget enough? (a) No (b) Yes
  38. 38.🔍 Which is the odd one out? (a) ice (b) paper cups (c) lemons (d) a folding table
  39. 39.Meera has a budget of ₹400. The stock costs ₹130 and the stall fee is ₹230. Is the budget enough? (a) Yes (b) No
  40. 40.Lakshmi has ₹460 to spend on sheets of card paper. One sheet of card paper costs ₹15. What is the greatest number of sheets of card paper Lakshmi can buy?

Answer key

  1. a running cost
  2. True
  3. True
  4. No
  5. a running cost
  6. card paper
  7. a cloth banner
  8. lemons
  9. 260
  10. 8
  11. a running cost
  12. seeds and soil
  13. True
  14. a one-time cost
  15. tea leaves and milk
  16. True
  17. 140
  18. a one-time cost
  19. a cloth banner
  20. 190
  21. No
  22. sugar
  23. 150
  24. a cash box
  25. 510
  26. True
  27. Yes
  28. a running cost
  29. 40
  30. a one-time cost
  31. ice
  32. a price board
  33. lemons
  34. True
  35. 50
  36. a cooler box
  37. Yes
  38. a folding table
  39. Yes
  40. 30

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