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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 587 · 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 cloth banner? (a) a one-time cost (b) a running cost
  2. 2.Which of these is a one-time cost? (a) a cooler box (b) seeds and soil (c) card paper (d) sugar
  3. 3.Which of these is a one-time cost? (a) seeds and soil (b) a cash box (c) ice (d) lemons
  4. 4.Joseph’s stall budget is ₹630. Sugar cost ₹20, ribbon cost ₹260 and pots cost ₹290. How many rupees of the budget are left?
  5. 5.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  6. 6.Farhan’s stall budget is ₹690. A price board cost ₹230, ribbon cost ₹130 and a banner cost ₹130. How many rupees of the budget are left?
  7. 7.Zoya’s stall budget is ₹850. A price board cost ₹290, ribbon cost ₹300 and pots cost ₹70. How many rupees of the budget are left?
  8. 8.🔍 Which is the odd one out? (a) a cash box (b) a cooler box (c) a juicer (d) paper cups
  9. 9.Ishaan has a budget of ₹400. The stock costs ₹50 and the stall fee is ₹310. Is the budget enough? (a) Yes (b) No
  10. 10.True or false: “paper cups” is a running cost. (a) False (b) True
  11. 11.Which of these is a running cost? (a) paper cups (b) a cash box (c) a folding table (d) a juicer
  12. 12.Which of these is a one-time cost? (a) card paper (b) ice (c) tea leaves and milk (d) a juicer
  13. 13.📒 One-time cost or running cost: paper cups? (a) a running cost (b) a one-time cost
  14. 14.Lakshmi has a budget of ₹500. The stock costs ₹210 and the stall fee is ₹290. Is the budget enough? (a) Yes (b) No
  15. 15.Ananya plans to make 17 fruit cups. Each needs ₹4 of materials, and a banner costs ₹120 once. What total budget is needed (in ₹)?
  16. 16.Zoya’s stall budget is ₹240. A banner cost ₹50, sugar cost ₹80 and card paper cost ₹50. How many rupees of the budget are left?
  17. 17.True or false: “a price board” is a one-time cost. (a) True (b) False
  18. 18.Ishaan’s stall budget is ₹890. Seeds cost ₹260, card paper cost ₹300 and napkins cost ₹110. How many rupees of the budget are left?
  19. 19.Which of these is a running cost? (a) a cloth banner (b) a juicer (c) a cash box (d) ice
  20. 20.True or false: “tea leaves and milk” is a running cost. (a) True (b) False
  21. 21.🔍 Which is the odd one out? (a) a folding table (b) a cloth banner (c) a cash box (d) card paper
  22. 22.True or false: “a cooler box” is a one-time cost. (a) True (b) False
  23. 23.Nisha plans to make 32 cups of lemonade. Each needs ₹8 of materials, and a banner costs ₹60 once. What total budget is needed (in ₹)?
  24. 24.📒 One-time cost or running cost: a price board? (a) a one-time cost (b) a running cost
  25. 25.True or false: “seeds and soil” is a one-time cost. (a) False (b) True
  26. 26.Meera plans to make 22 fruit cups. Each needs ₹9 of materials, and a banner costs ₹190 once. What total budget is needed (in ₹)?
  27. 27.Which of these is a running cost? (a) tea leaves and milk (b) a juicer (c) a cloth banner (d) a price board
  28. 28.🔍 Which is the odd one out? (a) lemons (b) paper cups (c) a folding table (d) ice
  29. 29.Arjun’s stall budget is ₹710. Paper cups cost ₹240, a price board cost ₹90 and ribbon cost ₹240. How many rupees of the budget are left?
  30. 30.True or false: “a price board” is a running cost. (a) True (b) False
  31. 31.Diya has ₹340 to spend on packs of cups. One pack of cups costs ₹8. What is the greatest number of packs of cups Diya can buy?
  32. 32.Lakshmi has ₹230 to spend on sheets of card paper. One sheet of card paper costs ₹6. What is the greatest number of sheets of card paper Lakshmi can buy?
  33. 33.Kavya’s stall budget is ₹930. Pots cost ₹200, paper cups cost ₹190 and sugar cost ₹270. How many rupees of the budget are left?
  34. 34.Dev plans to make 46 cups of lemonade. Each needs ₹2 of materials, and a banner costs ₹140 once. What total budget is needed (in ₹)?
  35. 35.🔍 Which is the odd one out? (a) a cash box (b) card paper (c) lemons (d) seeds and soil
  36. 36.📒 One-time cost or running cost: seeds and soil? (a) a one-time cost (b) a running cost
  37. 37.Arjun’s stall budget is ₹640. Seeds cost ₹290, napkins cost ₹110 and card paper cost ₹170. How many rupees of the budget are left?
  38. 38.Rohan’s stall budget is ₹380. Ribbon cost ₹200, lemons cost ₹100 and paper cups cost ₹60. How many rupees of the budget are left?
  39. 39.True or false: “seeds and soil” is a running cost. (a) False (b) True
  40. 40.Which of these is a running cost? (a) card paper (b) a cash box (c) a cooler box (d) a juicer

Answer key

  1. a one-time cost
  2. a cooler box
  3. a cash box
  4. 60
  5. a one-time cost
  6. 200
  7. 190
  8. paper cups
  9. Yes
  10. True
  11. paper cups
  12. a juicer
  13. a running cost
  14. Yes
  15. 188
  16. 60
  17. True
  18. 220
  19. ice
  20. True
  21. card paper
  22. True
  23. 316
  24. a one-time cost
  25. False
  26. 388
  27. tea leaves and milk
  28. a folding table
  29. 140
  30. False
  31. 42
  32. 38
  33. 270
  34. 232
  35. a cash box
  36. a running cost
  37. 70
  38. 20
  39. True
  40. card paper

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