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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 629 · 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: “a folding table” is a one-time cost. (a) True (b) False
  2. 2.🔍 Which is the odd one out? (a) a juicer (b) a cooler box (c) a folding table (d) paper cups
  3. 3.📒 One-time cost or running cost: a cloth banner? (a) a one-time cost (b) a running cost
  4. 4.Joseph’s stall budget is ₹710. Ribbon cost ₹180, napkins cost ₹250 and a banner cost ₹120. How many rupees of the budget are left?
  5. 5.🔍 Which is the odd one out? (a) tea leaves and milk (b) a folding table (c) ice (d) card paper
  6. 6.Which of these is a one-time cost? (a) lemons (b) tea leaves and milk (c) ice (d) a cooler box
  7. 7.Saanvi plans to make 26 paper bookmarks. Each needs ₹7 of materials, and a banner costs ₹70 once. What total budget is needed (in ₹)?
  8. 8.Which of these is a running cost? (a) a cloth banner (b) a cooler box (c) sugar (d) a folding table
  9. 9.🔍 Which is the odd one out? (a) ice (b) tea leaves and milk (c) a cash box (d) lemons
  10. 10.Ananya has a budget of ₹400. The stock costs ₹70 and the stall fee is ₹330. Is the budget enough? (a) Yes (b) No
  11. 11.Nisha has ₹320 to spend on lemons. One lemon costs ₹6. What is the greatest number of lemons Nisha can buy?
  12. 12.Which of these is a one-time cost? (a) ice (b) a cloth banner (c) lemons (d) paper cups
  13. 13.Meera’s stall budget is ₹580. Napkins cost ₹200, seeds cost ₹210 and a banner cost ₹100. How many rupees of the budget are left?
  14. 14.Ishaan has a budget of ₹600. The stock costs ₹70 and the stall fee is ₹570. Is the budget enough? (a) Yes (b) No
  15. 15.True or false: “a price board” is a one-time cost. (a) True (b) False
  16. 16.Ananya plans to make 49 bags of popcorn. Each needs ₹2 of materials, and a banner costs ₹250 once. What total budget is needed (in ₹)?
  17. 17.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
  18. 18.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost
  19. 19.Ananya’s stall budget is ₹660. Pots cost ₹190, card paper cost ₹50 and seeds cost ₹190. How many rupees of the budget are left?
  20. 20.Ishaan’s stall budget is ₹910. Pots cost ₹250, a price board cost ₹130 and lemons cost ₹250. How many rupees of the budget are left?
  21. 21.🔍 Which is the odd one out? (a) lemons (b) paper cups (c) tea leaves and milk (d) a juicer
  22. 22.📒 One-time cost or running cost: seeds and soil? (a) a running cost (b) a one-time cost
  23. 23.True or false: “a juicer” is a running cost. (a) False (b) True
  24. 24.Which of these is a one-time cost? (a) a price board (b) tea leaves and milk (c) paper cups (d) ice
  25. 25.Which of these is a running cost? (a) a juicer (b) a cash box (c) a folding table (d) ice
  26. 26.Which of these is a one-time cost? (a) paper cups (b) a juicer (c) ice (d) sugar
  27. 27.Kabir has ₹230 to spend on packs of cups. One pack of cups costs ₹4. What is the greatest number of packs of cups Kabir can buy?
  28. 28.True or false: “a folding table” is a running cost. (a) True (b) False
  29. 29.📒 One-time cost or running cost: lemons? (a) a one-time cost (b) a running cost
  30. 30.Kabir has a budget of ₹400. The stock costs ₹50 and the stall fee is ₹360. Is the budget enough? (a) Yes (b) No
  31. 31.Which of these is a running cost? (a) a cloth banner (b) a cooler box (c) lemons (d) a price board
  32. 32.Farhan’s stall budget is ₹700. A price board cost ₹70, lemons cost ₹200 and sugar cost ₹210. How many rupees of the budget are left?
  33. 33.True or false: “a juicer” is a one-time cost. (a) True (b) False
  34. 34.True or false: “sugar” is a running cost. (a) False (b) True
  35. 35.Rohan has ₹160 to spend on packs of cups. One pack of cups costs ₹8. What is the greatest number of packs of cups Rohan can buy?
  36. 36.🔍 Which is the odd one out? (a) a price board (b) sugar (c) a juicer (d) a folding table
  37. 37.Diya’s stall budget is ₹690. Lemons cost ₹110, a banner cost ₹230 and ribbon cost ₹120. How many rupees of the budget are left?
  38. 38.Which of these is a one-time cost? (a) a folding table (b) card paper (c) ice (d) seeds and soil
  39. 39.Tara has a budget of ₹1000. The stock costs ₹220 and the stall fee is ₹760. Is the budget enough? (a) Yes (b) No
  40. 40.Saanvi has a budget of ₹600. The stock costs ₹110 and the stall fee is ₹460. Is the budget enough? (a) Yes (b) No

Answer key

  1. True
  2. paper cups
  3. a one-time cost
  4. 160
  5. a folding table
  6. a cooler box
  7. 252
  8. sugar
  9. a cash box
  10. Yes
  11. 53
  12. a cloth banner
  13. 70
  14. No
  15. True
  16. 348
  17. a one-time cost
  18. a one-time cost
  19. 230
  20. 280
  21. a juicer
  22. a running cost
  23. False
  24. a price board
  25. ice
  26. a juicer
  27. 57
  28. False
  29. a running cost
  30. No
  31. lemons
  32. 220
  33. True
  34. True
  35. 20
  36. sugar
  37. 230
  38. a folding table
  39. Yes
  40. Yes

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