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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 582 · 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 folding table? (a) a one-time cost (b) a running cost
  2. 2.True or false: “tea leaves and milk” is a one-time cost. (a) False (b) True
  3. 3.True or false: “a cloth banner” is a running cost. (a) True (b) False
  4. 4.Zoya plans to make 21 fruit cups. Each needs ₹5 of materials, and a banner costs ₹180 once. What total budget is needed (in ₹)?
  5. 5.True or false: “a juicer” is a one-time cost. (a) False (b) True
  6. 6.🔍 Which is the odd one out? (a) card paper (b) sugar (c) tea leaves and milk (d) a cooler box
  7. 7.Aarav plans to make 18 clay diyas. Each needs ₹5 of materials, and a banner costs ₹190 once. What total budget is needed (in ₹)?
  8. 8.Gurpreet’s stall budget is ₹530. Pots cost ₹60, a price board cost ₹30 and lemons cost ₹150. How many rupees of the budget are left?
  9. 9.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  10. 10.Which of these is a running cost? (a) sugar (b) a cooler box (c) a cloth banner (d) a price board
  11. 11.📒 One-time cost or running cost: lemons? (a) a running cost (b) a one-time cost
  12. 12.Which of these is a running cost? (a) a cash box (b) a folding table (c) a cloth banner (d) lemons
  13. 13.True or false: “a cloth banner” is a one-time cost. (a) False (b) True
  14. 14.Vihaan plans to make 22 jute bags. Each needs ₹8 of materials, and a banner costs ₹110 once. What total budget is needed (in ₹)?
  15. 15.Which of these is a one-time cost? (a) lemons (b) a cloth banner (c) seeds and soil (d) sugar
  16. 16.🔍 Which is the odd one out? (a) ice (b) a cooler box (c) a juicer (d) a cloth banner
  17. 17.True or false: “sugar” is a one-time cost. (a) True (b) False
  18. 18.True or false: “a folding table” is a running cost. (a) True (b) False
  19. 19.True or false: “lemons” is a running cost. (a) False (b) True
  20. 20.Meera’s stall budget is ₹590. Lemons cost ₹290, pots cost ₹220 and a banner cost ₹60. How many rupees of the budget are left?
  21. 21.Diya’s stall budget is ₹410. A price board cost ₹90, lemons cost ₹30 and paper cups cost ₹120. How many rupees of the budget are left?
  22. 22.🔍 Which is the odd one out? (a) lemons (b) a juicer (c) card paper (d) ice
  23. 23.🔍 Which is the odd one out? (a) a cooler box (b) a folding table (c) sugar (d) a cloth banner
  24. 24.Diya plans to make 30 fruit cups. Each needs ₹4 of materials, and a banner costs ₹180 once. What total budget is needed (in ₹)?
  25. 25.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  26. 26.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
  27. 27.Ananya has ₹90 to spend on packs of cups. One pack of cups costs ₹5. What is the greatest number of packs of cups Ananya can buy?
  28. 28.Which of these is a running cost? (a) a cloth banner (b) paper cups (c) a folding table (d) a juicer
  29. 29.Diya’s stall budget is ₹550. Pots cost ₹70, seeds cost ₹200 and ribbon cost ₹60. How many rupees of the budget are left?
  30. 30.Diya has a budget of ₹900. The stock costs ₹280 and the stall fee is ₹590. Is the budget enough? (a) No (b) Yes
  31. 31.Which of these is a one-time cost? (a) seeds and soil (b) a cooler box (c) card paper (d) lemons
  32. 32.True or false: “seeds and soil” is a running cost. (a) False (b) True
  33. 33.Nisha has a budget of ₹300. The stock costs ₹100 and the stall fee is ₹250. Is the budget enough? (a) Yes (b) No
  34. 34.Arjun has ₹410 to spend on lemons. One lemon costs ₹15. What is the greatest number of lemons Arjun can buy?
  35. 35.📒 One-time cost or running cost: tea leaves and milk? (a) a running cost (b) a one-time cost
  36. 36.🔍 Which is the odd one out? (a) a cash box (b) tea leaves and milk (c) lemons (d) card paper
  37. 37.True or false: “a price board” is a one-time cost. (a) True (b) False
  38. 38.📒 One-time cost or running cost: sugar? (a) a one-time cost (b) a running cost
  39. 39.Which of these is a running cost? (a) a cloth banner (b) card paper (c) a juicer (d) a price board
  40. 40.True or false: “a cooler box” is a running cost. (a) True (b) False

Answer key

  1. a one-time cost
  2. False
  3. False
  4. 285
  5. True
  6. a cooler box
  7. 280
  8. 290
  9. a one-time cost
  10. sugar
  11. a running cost
  12. lemons
  13. True
  14. 286
  15. a cloth banner
  16. ice
  17. False
  18. False
  19. True
  20. 20
  21. 170
  22. a juicer
  23. sugar
  24. 300
  25. a one-time cost
  26. a one-time cost
  27. 18
  28. paper cups
  29. 220
  30. Yes
  31. a cooler box
  32. True
  33. No
  34. 27
  35. a running cost
  36. a cash box
  37. True
  38. a running cost
  39. card paper
  40. False

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