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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 675 · 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.True or false: “lemons” is a one-time cost. (a) True (b) False
  2. 2.Kabir has a budget of ₹600. The stock costs ₹110 and the stall fee is ₹450. Is the budget enough? (a) Yes (b) No
  3. 3.True or false: “a cloth banner” is a one-time cost. (a) True (b) False
  4. 4.Ananya’s stall budget is ₹740. Lemons cost ₹40, ribbon cost ₹200 and seeds cost ₹240. How many rupees of the budget are left?
  5. 5.📒 One-time cost or running cost: a cash box? (a) a one-time cost (b) a running cost
  6. 6.📒 One-time cost or running cost: card paper? (a) a one-time cost (b) a running cost
  7. 7.Ananya’s stall budget is ₹720. A price board cost ₹170, lemons cost ₹250 and ribbon cost ₹60. How many rupees of the budget are left?
  8. 8.Gurpreet has ₹500 to spend on sheets of card paper. One sheet of card paper costs ₹8. What is the greatest number of sheets of card paper Gurpreet can buy?
  9. 9.Which of these is a running cost? (a) a folding table (b) a cooler box (c) a cash box (d) card paper
  10. 10.Nisha’s stall budget is ₹570. Pots cost ₹200, lemons cost ₹60 and sugar cost ₹170. How many rupees of the budget are left?
  11. 11.Ishaan has ₹340 to spend on packs of cups. One pack of cups costs ₹15. What is the greatest number of packs of cups Ishaan can buy?
  12. 12.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost
  13. 13.🔍 Which is the odd one out? (a) seeds and soil (b) a juicer (c) a cooler box (d) a cloth banner
  14. 14.Which of these is a running cost? (a) tea leaves and milk (b) a price board (c) a folding table (d) a cloth banner
  15. 15.True or false: “a price board” is a one-time cost. (a) True (b) False
  16. 16.🔍 Which is the odd one out? (a) lemons (b) a folding table (c) a price board (d) a juicer
  17. 17.Which of these is a one-time cost? (a) paper cups (b) lemons (c) card paper (d) a folding table
  18. 18.📒 One-time cost or running cost: paper cups? (a) a one-time cost (b) a running cost
  19. 19.📒 One-time cost or running cost: lemons? (a) a one-time cost (b) a running cost
  20. 20.True or false: “a cooler box” is a running cost. (a) False (b) True
  21. 21.True or false: “seeds and soil” is a running cost. (a) True (b) False
  22. 22.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  23. 23.True or false: “a price board” is a running cost. (a) False (b) True
  24. 24.Which of these is a one-time cost? (a) lemons (b) a cloth banner (c) tea leaves and milk (d) sugar
  25. 25.Rohan’s stall budget is ₹610. Ribbon cost ₹220, napkins cost ₹150 and paper cups cost ₹200. How many rupees of the budget are left?
  26. 26.🔍 Which is the odd one out? (a) paper cups (b) tea leaves and milk (c) card paper (d) a price board
  27. 27.Which of these is a running cost? (a) a cash box (b) a cloth banner (c) lemons (d) a price board
  28. 28.🔍 Which is the odd one out? (a) tea leaves and milk (b) seeds and soil (c) paper cups (d) a cooler box
  29. 29.True or false: “paper cups” is a running cost. (a) True (b) False
  30. 30.True or false: “lemons” is a running cost. (a) False (b) True
  31. 31.Vihaan plans to make 48 fruit cups. Each needs ₹8 of materials, and a banner costs ₹140 once. What total budget is needed (in ₹)?
  32. 32.True or false: “paper cups” is a one-time cost. (a) True (b) False
  33. 33.Joseph has a budget of ₹1000. The stock costs ₹150 and the stall fee is ₹860. Is the budget enough? (a) No (b) Yes
  34. 34.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  35. 35.Arjun has a budget of ₹400. The stock costs ₹110 and the stall fee is ₹250. Is the budget enough? (a) No (b) Yes
  36. 36.🔍 Which is the odd one out? (a) a folding table (b) a price board (c) ice (d) a cloth banner
  37. 37.Rohan plans to make 33 glasses of chai. Each needs ₹7 of materials, and a banner costs ₹110 once. What total budget is needed (in ₹)?
  38. 38.True or false: “a cloth banner” is a running cost. (a) False (b) True
  39. 39.Which of these is a one-time cost? (a) seeds and soil (b) lemons (c) tea leaves and milk (d) a cooler box
  40. 40.Which of these is a one-time cost? (a) a cash box (b) paper cups (c) lemons (d) card paper

Answer key

  1. False
  2. Yes
  3. True
  4. 260
  5. a one-time cost
  6. a running cost
  7. 240
  8. 62
  9. card paper
  10. 140
  11. 22
  12. a one-time cost
  13. seeds and soil
  14. tea leaves and milk
  15. True
  16. lemons
  17. a folding table
  18. a running cost
  19. a running cost
  20. False
  21. True
  22. a one-time cost
  23. False
  24. a cloth banner
  25. 40
  26. a price board
  27. lemons
  28. a cooler box
  29. True
  30. True
  31. 524
  32. False
  33. No
  34. a one-time cost
  35. Yes
  36. ice
  37. 341
  38. False
  39. a cooler box
  40. a cash box

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