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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 636 · 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.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
  3. 3.📒 One-time cost or running cost: card paper? (a) a one-time cost (b) a running cost
  4. 4.🔍 Which is the odd one out? (a) a cash box (b) a cloth banner (c) a cooler box (d) seeds and soil
  5. 5.🔍 Which is the odd one out? (a) paper cups (b) sugar (c) a cash box (d) tea leaves and milk
  6. 6.True or false: “lemons” is a one-time cost. (a) True (b) False
  7. 7.Tara has ₹410 to spend on rolls of ribbon. One roll of ribbon costs ₹10. What is the greatest number of rolls of ribbon Tara can buy?
  8. 8.True or false: “tea leaves and milk” is a one-time cost. (a) False (b) True
  9. 9.📒 One-time cost or running cost: seeds and soil? (a) a running cost (b) a one-time cost
  10. 10.Which of these is a one-time cost? (a) seeds and soil (b) tea leaves and milk (c) a folding table (d) sugar
  11. 11.Meera has a budget of ₹600. The stock costs ₹140 and the stall fee is ₹430. Is the budget enough? (a) No (b) Yes
  12. 12.Rohan plans to make 28 clay diyas. Each needs ₹4 of materials, and a banner costs ₹200 once. What total budget is needed (in ₹)?
  13. 13.🔍 Which is the odd one out? (a) a folding table (b) seeds and soil (c) paper cups (d) sugar
  14. 14.🔍 Which is the odd one out? (a) card paper (b) sugar (c) a juicer (d) paper cups
  15. 15.Which of these is a one-time cost? (a) ice (b) sugar (c) a cloth banner (d) paper cups
  16. 16.True or false: “a cooler box” is a running cost. (a) False (b) True
  17. 17.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  18. 18.Riya has ₹190 to spend on packs of cups. One pack of cups costs ₹8. What is the greatest number of packs of cups Riya can buy?
  19. 19.True or false: “sugar” is a running cost. (a) True (b) False
  20. 20.Which of these is a one-time cost? (a) sugar (b) ice (c) a price board (d) lemons
  21. 21.Which of these is a running cost? (a) a cloth banner (b) a folding table (c) a cash box (d) ice
  22. 22.Which of these is a running cost? (a) a cloth banner (b) a folding table (c) paper cups (d) a juicer
  23. 23.🔍 Which is the odd one out? (a) paper cups (b) lemons (c) ice (d) a price board
  24. 24.Which of these is a running cost? (a) a cash box (b) seeds and soil (c) a price board (d) a folding table
  25. 25.📒 One-time cost or running cost: a cooler box? (a) a one-time cost (b) a running cost
  26. 26.Saanvi’s stall budget is ₹720. Card paper cost ₹130, pots cost ₹30 and sugar cost ₹270. How many rupees of the budget are left?
  27. 27.🔍 Which is the odd one out? (a) a folding table (b) lemons (c) a cooler box (d) a price board
  28. 28.Lakshmi’s stall budget is ₹570. Lemons cost ₹140, paper cups cost ₹150 and pots cost ₹150. How many rupees of the budget are left?
  29. 29.Ananya’s stall budget is ₹820. A banner cost ₹300, paper cups cost ₹140 and lemons cost ₹250. How many rupees of the budget are left?
  30. 30.Which of these is a one-time cost? (a) seeds and soil (b) sugar (c) paper cups (d) a juicer
  31. 31.Gurpreet has ₹460 to spend on lemons. One lemon costs ₹15. What is the greatest number of lemons Gurpreet can buy?
  32. 32.📒 One-time cost or running cost: paper cups? (a) a one-time cost (b) a running cost
  33. 33.Tara plans to make 11 bags of popcorn. Each needs ₹4 of materials, and a banner costs ₹140 once. What total budget is needed (in ₹)?
  34. 34.📒 One-time cost or running cost: ice? (a) a one-time cost (b) a running cost
  35. 35.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
  36. 36.Ananya has a budget of ₹400. The stock costs ₹130 and the stall fee is ₹270. Is the budget enough? (a) Yes (b) No
  37. 37.Kabir’s stall budget is ₹470. Lemons cost ₹80, napkins cost ₹70 and card paper cost ₹240. How many rupees of the budget are left?
  38. 38.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost
  39. 39.Joseph plans to make 22 fruit cups. Each needs ₹4 of materials, and a banner costs ₹290 once. What total budget is needed (in ₹)?
  40. 40.Ishaan plans to make 33 cups of lemonade. Each needs ₹7 of materials, and a banner costs ₹90 once. What total budget is needed (in ₹)?

Answer key

  1. True
  2. a one-time cost
  3. a running cost
  4. seeds and soil
  5. a cash box
  6. False
  7. 41
  8. False
  9. a running cost
  10. a folding table
  11. Yes
  12. 312
  13. a folding table
  14. a juicer
  15. a cloth banner
  16. False
  17. a one-time cost
  18. 23
  19. True
  20. a price board
  21. ice
  22. paper cups
  23. a price board
  24. seeds and soil
  25. a one-time cost
  26. 290
  27. lemons
  28. 130
  29. 130
  30. a juicer
  31. 30
  32. a running cost
  33. 184
  34. a running cost
  35. a running cost
  36. Yes
  37. 80
  38. a one-time cost
  39. 378
  40. 321

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