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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 593 · 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.

NameDateTime takenScore ___ / 40
  1. 1.📒 One-time cost or running cost: tea leaves and milk? (a) a running cost (b) a one-time cost
  2. 2.🔍 Which is the odd one out? (a) card paper (b) a juicer (c) a cash box (d) a price board
  3. 3.True or false: “sugar” is a running cost. (a) True (b) False
  4. 4.True or false: “seeds and soil” is a running cost. (a) False (b) True
  5. 5.📒 One-time cost or running cost: seeds and soil? (a) a one-time cost (b) a running cost
  6. 6.Vihaan has ₹130 to spend on sheets of card paper. One sheet of card paper costs ₹15. What is the greatest number of sheets of card paper Vihaan can buy?
  7. 7.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost
  8. 8.True or false: “a cash box” is a running cost. (a) False (b) True
  9. 9.🔍 Which is the odd one out? (a) tea leaves and milk (b) sugar (c) a juicer (d) ice
  10. 10.Which of these is a running cost? (a) a cooler box (b) a juicer (c) tea leaves and milk (d) a price board
  11. 11.True or false: “a cooler box” is a one-time cost. (a) True (b) False
  12. 12.📒 One-time cost or running cost: sugar? (a) a running cost (b) a one-time cost
  13. 13.True or false: “a price board” is a one-time cost. (a) False (b) True
  14. 14.🔍 Which is the odd one out? (a) a cooler box (b) tea leaves and milk (c) paper cups (d) ice
  15. 15.Which of these is a one-time cost? (a) paper cups (b) ice (c) a price board (d) seeds and soil
  16. 16.Kabir plans to make 40 handmade cards. Each needs ₹3 of materials, and a banner costs ₹80 once. What total budget is needed (in ₹)?
  17. 17.📒 One-time cost or running cost: ice? (a) a one-time cost (b) a running cost
  18. 18.🔍 Which is the odd one out? (a) paper cups (b) sugar (c) ice (d) a folding table
  19. 19.True or false: “lemons” is a one-time cost. (a) True (b) False
  20. 20.Aarav plans to make 28 painted pebbles. Each needs ₹3 of materials, and a banner costs ₹180 once. What total budget is needed (in ₹)?
  21. 21.Tara has ₹320 to spend on lemons. One lemon costs ₹12. What is the greatest number of lemons Tara can buy?
  22. 22.Kabir’s stall budget is ₹710. Ribbon cost ₹210, lemons cost ₹220 and pots cost ₹50. How many rupees of the budget are left?
  23. 23.📒 One-time cost or running cost: paper cups? (a) a one-time cost (b) a running cost
  24. 24.🔍 Which is the odd one out? (a) a juicer (b) a folding table (c) lemons (d) a cash box
  25. 25.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
  26. 26.Vihaan’s stall budget is ₹680. Card paper cost ₹190, sugar cost ₹20 and a price board cost ₹270. How many rupees of the budget are left?
  27. 27.🔍 Which is the odd one out? (a) a folding table (b) a cloth banner (c) a juicer (d) seeds and soil
  28. 28.Which of these is a running cost? (a) a cloth banner (b) seeds and soil (c) a price board (d) a cash box
  29. 29.Riya plans to make 48 cups of lemonade. Each needs ₹8 of materials, and a banner costs ₹110 once. What total budget is needed (in ₹)?
  30. 30.Lakshmi has ₹170 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?
  31. 31.True or false: “a juicer” is a running cost. (a) False (b) True
  32. 32.Meera plans to make 27 handmade cards. Each needs ₹6 of materials, and a banner costs ₹130 once. What total budget is needed (in ₹)?
  33. 33.Ananya’s stall budget is ₹900. Paper cups cost ₹300, a price board cost ₹70 and sugar cost ₹270. How many rupees of the budget are left?
  34. 34.🔍 Which is the odd one out? (a) card paper (b) a cloth banner (c) paper cups (d) seeds and soil
  35. 35.📒 One-time cost or running cost: lemons? (a) a one-time cost (b) a running cost
  36. 36.Farhan plans to make 14 cups of lemonade. Each needs ₹8 of materials, and a banner costs ₹50 once. What total budget is needed (in ₹)?
  37. 37.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
  38. 38.📒 One-time cost or running cost: card paper? (a) a running cost (b) a one-time cost
  39. 39.Which of these is a running cost? (a) a cooler box (b) a juicer (c) ice (d) a cloth banner
  40. 40.Zoya has ₹110 to spend on lemons. One lemon costs ₹10. What is the greatest number of lemons Zoya can buy?

Answer key

  1. a running cost
  2. card paper
  3. True
  4. True
  5. a running cost
  6. 8
  7. a one-time cost
  8. False
  9. a juicer
  10. tea leaves and milk
  11. True
  12. a running cost
  13. True
  14. a cooler box
  15. a price board
  16. 200
  17. a running cost
  18. a folding table
  19. False
  20. 264
  21. 26
  22. 230
  23. a running cost
  24. lemons
  25. a one-time cost
  26. 200
  27. seeds and soil
  28. seeds and soil
  29. 494
  30. 11
  31. False
  32. 292
  33. 260
  34. a cloth banner
  35. a running cost
  36. 162
  37. a one-time cost
  38. a running cost
  39. ice
  40. 11

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