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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 718 · 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.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost
  2. 2.Arjun’s stall budget is ₹600. Seeds cost ₹160, napkins cost ₹30 and ribbon cost ₹130. How many rupees of the budget are left?
  3. 3.Aarav plans to make 11 friendship bands. Each needs ₹5 of materials, and a banner costs ₹220 once. What total budget is needed (in ₹)?
  4. 4.True or false: “a price board” is a one-time cost. (a) False (b) True
  5. 5.🔍 Which is the odd one out? (a) sugar (b) ice (c) paper cups (d) a cooler box
  6. 6.True or false: “a cash box” is a running cost. (a) True (b) False
  7. 7.Gurpreet plans to make 37 glasses of chai. Each needs ₹9 of materials, and a banner costs ₹100 once. What total budget is needed (in ₹)?
  8. 8.📒 One-time cost or running cost: sugar? (a) a running cost (b) a one-time cost
  9. 9.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost
  10. 10.True or false: “a price board” is a running cost. (a) True (b) False
  11. 11.True or false: “a folding table” is a one-time cost. (a) True (b) False
  12. 12.True or false: “lemons” is a running cost. (a) False (b) True
  13. 13.Meera has a budget of ₹1000. The stock costs ₹50 and the stall fee is ₹950. Is the budget enough? (a) No (b) Yes
  14. 14.Farhan’s stall budget is ₹920. Paper cups cost ₹240, a banner cost ₹230 and a price board cost ₹230. How many rupees of the budget are left?
  15. 15.True or false: “seeds and soil” is a one-time cost. (a) False (b) True
  16. 16.True or false: “a cooler box” is a one-time cost. (a) False (b) True
  17. 17.📒 One-time cost or running cost: tea leaves and milk? (a) a running cost (b) a one-time cost
  18. 18.Farhan’s stall budget is ₹640. Card paper cost ₹270, lemons cost ₹90 and a price board cost ₹230. How many rupees of the budget are left?
  19. 19.Which of these is a one-time cost? (a) a cloth banner (b) seeds and soil (c) paper cups (d) card paper
  20. 20.True or false: “a cash box” is a one-time cost. (a) True (b) False
  21. 21.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  22. 22.Meera plans to make 35 cupcakes. Each needs ₹4 of materials, and a banner costs ₹220 once. What total budget is needed (in ₹)?
  23. 23.True or false: “a cloth banner” is a running cost. (a) True (b) False
  24. 24.📒 One-time cost or running cost: lemons? (a) a one-time cost (b) a running cost
  25. 25.Gurpreet’s stall budget is ₹810. A price board cost ₹180, paper cups cost ₹210 and sugar cost ₹190. How many rupees of the budget are left?
  26. 26.Rohan’s stall budget is ₹840. Ribbon cost ₹290, paper cups cost ₹230 and sugar cost ₹40. How many rupees of the budget are left?
  27. 27.True or false: “a juicer” is a running cost. (a) False (b) True
  28. 28.Gurpreet’s stall budget is ₹690. A banner cost ₹200, a price board cost ₹290 and seeds cost ₹90. How many rupees of the budget are left?
  29. 29.Farhan plans to make 33 glasses of chai. Each needs ₹4 of materials, and a banner costs ₹100 once. What total budget is needed (in ₹)?
  30. 30.Which of these is a running cost? (a) a cooler box (b) a cloth banner (c) a juicer (d) ice
  31. 31.Diya has ₹310 to spend on sheets of card paper. One sheet of card paper costs ₹20. What is the greatest number of sheets of card paper Diya can buy?
  32. 32.Which of these is a one-time cost? (a) sugar (b) ice (c) a cash box (d) card paper
  33. 33.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
  34. 34.Gurpreet’s stall budget is ₹560. Napkins cost ₹60, seeds cost ₹240 and sugar cost ₹130. How many rupees of the budget are left?
  35. 35.🔍 Which is the odd one out? (a) a folding table (b) a price board (c) ice (d) a cooler box
  36. 36.Which of these is a running cost? (a) a juicer (b) a cloth banner (c) seeds and soil (d) a folding table
  37. 37.True or false: “a juicer” is a one-time cost. (a) True (b) False
  38. 38.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  39. 39.Zoya has a budget of ₹1000. The stock costs ₹320 and the stall fee is ₹660. Is the budget enough? (a) No (b) Yes
  40. 40.Lakshmi plans to make 42 friendship bands. Each needs ₹9 of materials, and a banner costs ₹130 once. What total budget is needed (in ₹)?

Answer key

  1. a one-time cost
  2. 280
  3. 275
  4. True
  5. a cooler box
  6. False
  7. 433
  8. a running cost
  9. a one-time cost
  10. False
  11. True
  12. True
  13. Yes
  14. 220
  15. False
  16. True
  17. a running cost
  18. 50
  19. a cloth banner
  20. True
  21. a one-time cost
  22. 360
  23. False
  24. a running cost
  25. 230
  26. 280
  27. False
  28. 110
  29. 232
  30. ice
  31. 15
  32. a cash box
  33. a one-time cost
  34. 130
  35. ice
  36. seeds and soil
  37. True
  38. a one-time cost
  39. Yes
  40. 508

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