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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 622 · 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.True or false: “tea leaves and milk” is a running cost. (a) False (b) True
  2. 2.🔍 Which is the odd one out? (a) a price board (b) a folding table (c) card paper (d) a cash box
  3. 3.📒 One-time cost or running cost: sugar? (a) a running cost (b) a one-time cost
  4. 4.Which of these is a running cost? (a) lemons (b) a juicer (c) a cash box (d) a cooler box
  5. 5.🔍 Which is the odd one out? (a) ice (b) paper cups (c) card paper (d) a cooler box
  6. 6.🔍 Which is the odd one out? (a) ice (b) a price board (c) a cooler box (d) a cash box
  7. 7.Joseph has a budget of ₹800. The stock costs ₹300 and the stall fee is ₹480. Is the budget enough? (a) No (b) Yes
  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 cooler box? (a) a running cost (b) a one-time cost
  10. 10.📒 One-time cost or running cost: seeds and soil? (a) a running cost (b) a one-time cost
  11. 11.Which of these is a one-time cost? (a) lemons (b) seeds and soil (c) card paper (d) a cooler box
  12. 12.Tara has a budget of ₹700. The stock costs ₹180 and the stall fee is ₹480. Is the budget enough? (a) Yes (b) No
  13. 13.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  14. 14.🔍 Which is the odd one out? (a) a juicer (b) a price board (c) a cash box (d) paper cups
  15. 15.🔍 Which is the odd one out? (a) a folding table (b) a cloth banner (c) seeds and soil (d) a cooler box
  16. 16.Which of these is a running cost? (a) a cooler box (b) a juicer (c) tea leaves and milk (d) a folding table
  17. 17.🔍 Which is the odd one out? (a) a cooler box (b) tea leaves and milk (c) a cloth banner (d) a price board
  18. 18.Nisha has ₹150 to spend on sheets of card paper. One sheet of card paper costs ₹15. What is the greatest number of sheets of card paper Nisha can buy?
  19. 19.Which of these is a one-time cost? (a) card paper (b) lemons (c) a price board (d) seeds and soil
  20. 20.True or false: “a cloth banner” is a one-time cost. (a) False (b) True
  21. 21.Rohan has a budget of ₹600. The stock costs ₹290 and the stall fee is ₹280. Is the budget enough? (a) Yes (b) No
  22. 22.Rohan plans to make 23 painted pebbles. Each needs ₹9 of materials, and a banner costs ₹150 once. What total budget is needed (in ₹)?
  23. 23.Rohan’s stall budget is ₹560. Seeds cost ₹30, sugar cost ₹20 and napkins cost ₹270. How many rupees of the budget are left?
  24. 24.📒 One-time cost or running cost: a cash box? (a) a one-time cost (b) a running cost
  25. 25.Ishaan plans to make 18 handmade cards. Each needs ₹8 of materials, and a banner costs ₹80 once. What total budget is needed (in ₹)?
  26. 26.True or false: “a price board” is a running cost. (a) False (b) True
  27. 27.Meera has a budget of ₹900. The stock costs ₹400 and the stall fee is ₹520. Is the budget enough? (a) No (b) Yes
  28. 28.Saanvi has a budget of ₹1000. The stock costs ₹430 and the stall fee is ₹570. Is the budget enough? (a) Yes (b) No
  29. 29.Rohan’s stall budget is ₹1040. Card paper cost ₹190, paper cups cost ₹300 and pots cost ₹260. How many rupees of the budget are left?
  30. 30.Zoya plans to make 34 potted plants. Each needs ₹3 of materials, and a banner costs ₹60 once. What total budget is needed (in ₹)?
  31. 31.Which of these is a running cost? (a) a juicer (b) a cooler box (c) a folding table (d) paper cups
  32. 32.Which of these is a one-time cost? (a) lemons (b) a folding table (c) tea leaves and milk (d) seeds and soil
  33. 33.True or false: “lemons” is a running cost. (a) True (b) False
  34. 34.🔍 Which is the odd one out? (a) seeds and soil (b) tea leaves and milk (c) sugar (d) a cloth banner
  35. 35.Vihaan’s stall budget is ₹910. Seeds cost ₹250, paper cups cost ₹270 and ribbon cost ₹130. How many rupees of the budget are left?
  36. 36.🔍 Which is the odd one out? (a) sugar (b) a juicer (c) a cooler box (d) a folding table
  37. 37.True or false: “a cash box” is a running cost. (a) True (b) False
  38. 38.True or false: “paper cups” is a one-time cost. (a) False (b) True
  39. 39.📒 One-time cost or running cost: ice? (a) a one-time cost (b) a running cost
  40. 40.Aarav’s stall budget is ₹1010. Card paper cost ₹300, seeds cost ₹180 and ribbon cost ₹230. How many rupees of the budget are left?

Answer key

  1. True
  2. card paper
  3. a running cost
  4. lemons
  5. a cooler box
  6. ice
  7. Yes
  8. a one-time cost
  9. a one-time cost
  10. a running cost
  11. a cooler box
  12. Yes
  13. a one-time cost
  14. paper cups
  15. seeds and soil
  16. tea leaves and milk
  17. tea leaves and milk
  18. 10
  19. a price board
  20. True
  21. Yes
  22. 357
  23. 240
  24. a one-time cost
  25. 224
  26. False
  27. No
  28. Yes
  29. 290
  30. 162
  31. paper cups
  32. a folding table
  33. True
  34. a cloth banner
  35. 260
  36. sugar
  37. False
  38. False
  39. a running cost
  40. 300

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