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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 717 · 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.Which of these is a running cost? (a) a juicer (b) a cash box (c) a price board (d) tea leaves and milk
  2. 2.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
  3. 3.Lakshmi’s stall budget is ₹690. Pots cost ₹130, a price board cost ₹230 and napkins cost ₹100. How many rupees of the budget are left?
  4. 4.True or false: “tea leaves and milk” is a running cost. (a) True (b) False
  5. 5.Diya’s stall budget is ₹280. Seeds cost ₹60, paper cups cost ₹60 and sugar cost ₹50. How many rupees of the budget are left?
  6. 6.Which of these is a one-time cost? (a) paper cups (b) sugar (c) seeds and soil (d) a cloth banner
  7. 7.🔍 Which is the odd one out? (a) a cooler box (b) tea leaves and milk (c) a folding table (d) a price board
  8. 8.Lakshmi has a budget of ₹500. The stock costs ₹90 and the stall fee is ₹400. Is the budget enough? (a) No (b) Yes
  9. 9.True or false: “a cloth banner” is a one-time cost. (a) False (b) True
  10. 10.True or false: “seeds and soil” is a one-time cost. (a) True (b) False
  11. 11.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  12. 12.Lakshmi plans to make 22 cups of lemonade. Each needs ₹7 of materials, and a banner costs ₹230 once. What total budget is needed (in ₹)?
  13. 13.Saanvi’s stall budget is ₹610. Napkins cost ₹290, paper cups cost ₹70 and seeds cost ₹100. How many rupees of the budget are left?
  14. 14.Rohan has ₹130 to spend on lemons. One lemon costs ₹12. What is the greatest number of lemons Rohan can buy?
  15. 15.Zoya’s stall budget is ₹760. Seeds cost ₹280, paper cups cost ₹110 and lemons cost ₹90. How many rupees of the budget are left?
  16. 16.True or false: “a juicer” is a running cost. (a) True (b) False
  17. 17.Which of these is a one-time cost? (a) a cash box (b) paper cups (c) sugar (d) tea leaves and milk
  18. 18.True or false: “seeds and soil” is a running cost. (a) False (b) True
  19. 19.🔍 Which is the odd one out? (a) a cooler box (b) a cash box (c) a cloth banner (d) seeds and soil
  20. 20.True or false: “paper cups” is a running cost. (a) False (b) True
  21. 21.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  22. 22.Which of these is a running cost? (a) a cooler box (b) a juicer (c) card paper (d) a cloth banner
  23. 23.Kabir’s stall budget is ₹590. Napkins cost ₹30, card paper cost ₹110 and ribbon cost ₹200. How many rupees of the budget are left?
  24. 24.Kabir has ₹400 to spend on lemons. One lemon costs ₹5. What is the greatest number of lemons Kabir can buy?
  25. 25.📒 One-time cost or running cost: card paper? (a) a running cost (b) a one-time cost
  26. 26.Which of these is a running cost? (a) ice (b) a folding table (c) a cooler box (d) a cloth banner
  27. 27.Meera has a budget of ₹500. The stock costs ₹150 and the stall fee is ₹320. Is the budget enough? (a) Yes (b) No
  28. 28.Zoya’s stall budget is ₹360. A banner cost ₹20, pots cost ₹90 and paper cups cost ₹170. How many rupees of the budget are left?
  29. 29.Aarav’s stall budget is ₹620. Card paper cost ₹170, seeds cost ₹170 and a price board cost ₹190. How many rupees of the budget are left?
  30. 30.Tara’s stall budget is ₹860. Lemons cost ₹300, a banner cost ₹240 and sugar cost ₹240. How many rupees of the budget are left?
  31. 31.Kabir has a budget of ₹300. The stock costs ₹130 and the stall fee is ₹200. Is the budget enough? (a) Yes (b) No
  32. 32.Tara has a budget of ₹300. The stock costs ₹140 and the stall fee is ₹160. Is the budget enough? (a) No (b) Yes
  33. 33.📒 One-time cost or running cost: sugar? (a) a running cost (b) a one-time cost
  34. 34.🔍 Which is the odd one out? (a) card paper (b) lemons (c) a price board (d) sugar
  35. 35.Which of these is a one-time cost? (a) a folding table (b) seeds and soil (c) tea leaves and milk (d) ice
  36. 36.Ananya plans to make 50 fruit cups. Each needs ₹4 of materials, and a banner costs ₹80 once. What total budget is needed (in ₹)?
  37. 37.Saanvi plans to make 18 friendship bands. Each needs ₹2 of materials, and a banner costs ₹70 once. What total budget is needed (in ₹)?
  38. 38.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost
  39. 39.Which of these is a one-time cost? (a) a cooler box (b) paper cups (c) lemons (d) card paper
  40. 40.🔍 Which is the odd one out? (a) card paper (b) paper cups (c) a cloth banner (d) tea leaves and milk

Answer key

  1. tea leaves and milk
  2. a running cost
  3. 230
  4. True
  5. 110
  6. a cloth banner
  7. tea leaves and milk
  8. Yes
  9. True
  10. False
  11. a one-time cost
  12. 384
  13. 150
  14. 10
  15. 280
  16. False
  17. a cash box
  18. True
  19. seeds and soil
  20. True
  21. a one-time cost
  22. card paper
  23. 250
  24. 80
  25. a running cost
  26. ice
  27. Yes
  28. 80
  29. 90
  30. 80
  31. No
  32. Yes
  33. a running cost
  34. a price board
  35. a folding table
  36. 280
  37. 106
  38. a one-time cost
  39. a cooler box
  40. a cloth banner

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