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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 727 · 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 cooler box? (a) a running cost (b) a one-time cost
  2. 2.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  3. 3.Nisha has a budget of ₹300. The stock costs ₹50 and the stall fee is ₹230. Is the budget enough? (a) Yes (b) No
  4. 4.🔍 Which is the odd one out? (a) paper cups (b) sugar (c) ice (d) a cloth banner
  5. 5.Saanvi has a budget of ₹900. The stock costs ₹180 and the stall fee is ₹720. Is the budget enough? (a) No (b) Yes
  6. 6.True or false: “a cooler box” is a one-time cost. (a) False (b) True
  7. 7.Farhan has a budget of ₹800. The stock costs ₹70 and the stall fee is ₹680. Is the budget enough? (a) No (b) Yes
  8. 8.True or false: “paper cups” is a one-time cost. (a) False (b) True
  9. 9.Tara has a budget of ₹600. The stock costs ₹300 and the stall fee is ₹310. Is the budget enough? (a) Yes (b) No
  10. 10.True or false: “ice” is a running cost. (a) True (b) False
  11. 11.Diya’s stall budget is ₹510. A banner cost ₹150, ribbon cost ₹30 and card paper cost ₹230. How many rupees of the budget are left?
  12. 12.Which of these is a running cost? (a) tea leaves and milk (b) a price board (c) a cooler box (d) a folding table
  13. 13.Kavya plans to make 31 cups of lemonade. Each needs ₹7 of materials, and a banner costs ₹60 once. What total budget is needed (in ₹)?
  14. 14.📒 One-time cost or running cost: ice? (a) a one-time cost (b) a running cost
  15. 15.Lakshmi plans to make 36 clay diyas. Each needs ₹9 of materials, and a banner costs ₹270 once. What total budget is needed (in ₹)?
  16. 16.Kavya has ₹430 to spend on packets of seeds. One packet of seeds costs ₹8. What is the greatest number of packets of seeds Kavya can buy?
  17. 17.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost
  18. 18.🔍 Which is the odd one out? (a) a cash box (b) a cloth banner (c) a cooler box (d) lemons
  19. 19.Which of these is a running cost? (a) a cash box (b) a cooler box (c) sugar (d) a folding table
  20. 20.Ishaan has ₹150 to spend on packets of seeds. One packet of seeds costs ₹6. What is the greatest number of packets of seeds Ishaan can buy?
  21. 21.📒 One-time cost or running cost: lemons? (a) a one-time cost (b) a running cost
  22. 22.🔍 Which is the odd one out? (a) a juicer (b) a cloth banner (c) tea leaves and milk (d) a folding table
  23. 23.True or false: “a folding table” is a running cost. (a) True (b) False
  24. 24.Lakshmi plans to make 34 clay diyas. Each needs ₹5 of materials, and a banner costs ₹130 once. What total budget is needed (in ₹)?
  25. 25.Lakshmi has ₹50 to spend on packs of cups. One pack of cups costs ₹10. What is the greatest number of packs of cups Lakshmi can buy?
  26. 26.Lakshmi’s stall budget is ₹660. Paper cups cost ₹60, a banner cost ₹130 and ribbon cost ₹200. How many rupees of the budget are left?
  27. 27.Which of these is a running cost? (a) a folding table (b) a price board (c) a cloth banner (d) ice
  28. 28.Dev has ₹360 to spend on lemons. One lemon costs ₹5. What is the greatest number of lemons Dev can buy?
  29. 29.Which of these is a one-time cost? (a) paper cups (b) ice (c) a cash box (d) lemons
  30. 30.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  31. 31.Aarav’s stall budget is ₹540. Seeds cost ₹260, card paper cost ₹40 and napkins cost ₹160. How many rupees of the budget are left?
  32. 32.Lakshmi has ₹280 to spend on packets of seeds. One packet of seeds costs ₹8. What is the greatest number of packets of seeds Lakshmi can buy?
  33. 33.🔍 Which is the odd one out? (a) card paper (b) sugar (c) a cash box (d) paper cups
  34. 34.🔍 Which is the odd one out? (a) tea leaves and milk (b) sugar (c) a folding table (d) lemons
  35. 35.Zoya’s stall budget is ₹430. Napkins cost ₹260, a banner cost ₹130 and paper cups cost ₹30. How many rupees of the budget are left?
  36. 36.Tara’s stall budget is ₹630. Paper cups cost ₹100, a banner cost ₹40 and ribbon cost ₹300. How many rupees of the budget are left?
  37. 37.True or false: “tea leaves and milk” is a running cost. (a) True (b) False
  38. 38.Which of these is a one-time cost? (a) sugar (b) a cloth banner (c) lemons (d) seeds and soil
  39. 39.🔍 Which is the odd one out? (a) seeds and soil (b) tea leaves and milk (c) lemons (d) a price board
  40. 40.📒 One-time cost or running cost: tea leaves and milk? (a) a running cost (b) a one-time cost

Answer key

  1. a one-time cost
  2. a one-time cost
  3. Yes
  4. a cloth banner
  5. Yes
  6. True
  7. Yes
  8. False
  9. No
  10. True
  11. 100
  12. tea leaves and milk
  13. 277
  14. a running cost
  15. 594
  16. 53
  17. a one-time cost
  18. lemons
  19. sugar
  20. 25
  21. a running cost
  22. tea leaves and milk
  23. False
  24. 300
  25. 5
  26. 270
  27. ice
  28. 72
  29. a cash box
  30. a one-time cost
  31. 80
  32. 35
  33. a cash box
  34. a folding table
  35. 10
  36. 190
  37. True
  38. a cloth banner
  39. a price board
  40. a running cost

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