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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 733 · 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: seeds and soil? (a) a one-time cost (b) a running cost
  2. 2.Which of these is a running cost? (a) a cooler box (b) a cash box (c) a cloth banner (d) ice
  3. 3.Which of these is a one-time cost? (a) seeds and soil (b) a cloth banner (c) lemons (d) ice
  4. 4.Kavya’s stall budget is ₹610. Lemons cost ₹30, ribbon cost ₹230 and a price board cost ₹220. How many rupees of the budget are left?
  5. 5.📒 One-time cost or running cost: ice? (a) a running cost (b) a one-time cost
  6. 6.Rohan has ₹390 to spend on sheets of card paper. One sheet of card paper costs ₹5. What is the greatest number of sheets of card paper Rohan can buy?
  7. 7.Which of these is a one-time cost? (a) sugar (b) a price board (c) seeds and soil (d) ice
  8. 8.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
  9. 9.Which of these is a running cost? (a) a folding table (b) a juicer (c) seeds and soil (d) a cash box
  10. 10.Nisha’s stall budget is ₹480. Seeds cost ₹140, ribbon cost ₹90 and paper cups cost ₹240. How many rupees of the budget are left?
  11. 11.Meera’s stall budget is ₹1070. Napkins cost ₹180, pots cost ₹300 and seeds cost ₹300. How many rupees of the budget are left?
  12. 12.Tara plans to make 30 cupcakes. Each needs ₹2 of materials, and a banner costs ₹180 once. What total budget is needed (in ₹)?
  13. 13.Diya’s stall budget is ₹350. Card paper cost ₹90, lemons cost ₹20 and a banner cost ₹140. How many rupees of the budget are left?
  14. 14.True or false: “a folding table” is a running cost. (a) False (b) True
  15. 15.Arjun has ₹310 to spend on packets of seeds. One packet of seeds costs ₹6. What is the greatest number of packets of seeds Arjun can buy?
  16. 16.📒 One-time cost or running cost: a cloth banner? (a) a one-time cost (b) a running cost
  17. 17.Which of these is a one-time cost? (a) a cash box (b) tea leaves and milk (c) sugar (d) paper cups
  18. 18.True or false: “seeds and soil” is a running cost. (a) True (b) False
  19. 19.🔍 Which is the odd one out? (a) paper cups (b) a cooler box (c) a cash box (d) a juicer
  20. 20.True or false: “a juicer” is a one-time cost. (a) False (b) True
  21. 21.Ishaan has ₹230 to spend on packets of seeds. One packet of seeds costs ₹12. What is the greatest number of packets of seeds Ishaan can buy?
  22. 22.🔍 Which is the odd one out? (a) a cooler box (b) a cash box (c) a cloth banner (d) card paper
  23. 23.True or false: “ice” is a one-time cost. (a) False (b) True
  24. 24.True or false: “card paper” is a running cost. (a) True (b) False
  25. 25.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
  26. 26.Which of these is a one-time cost? (a) sugar (b) tea leaves and milk (c) a cooler box (d) lemons
  27. 27.True or false: “sugar” is a running cost. (a) True (b) False
  28. 28.Riya plans to make 20 glasses of chai. Each needs ₹8 of materials, and a banner costs ₹90 once. What total budget is needed (in ₹)?
  29. 29.True or false: “a price board” is a one-time cost. (a) True (b) False
  30. 30.True or false: “tea leaves and milk” is a one-time cost. (a) True (b) False
  31. 31.Vihaan has a budget of ₹800. The stock costs ₹60 and the stall fee is ₹700. Is the budget enough? (a) Yes (b) No
  32. 32.Ishaan has ₹400 to spend on rolls of ribbon. One roll of ribbon costs ₹5. What is the greatest number of rolls of ribbon Ishaan can buy?
  33. 33.Kavya’s stall budget is ₹460. A banner cost ₹130, napkins cost ₹190 and paper cups cost ₹80. How many rupees of the budget are left?
  34. 34.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
  35. 35.Which of these is a running cost? (a) a cooler box (b) a price board (c) paper cups (d) a juicer
  36. 36.True or false: “a cash box” is a running cost. (a) False (b) True
  37. 37.📒 One-time cost or running cost: sugar? (a) a running cost (b) a one-time cost
  38. 38.Tara’s stall budget is ₹510. A price board cost ₹50, card paper cost ₹210 and paper cups cost ₹110. How many rupees of the budget are left?
  39. 39.Lakshmi has a budget of ₹400. The stock costs ₹170 and the stall fee is ₹240. Is the budget enough? (a) Yes (b) No
  40. 40.🔍 Which is the odd one out? (a) a cash box (b) lemons (c) a juicer (d) a cloth banner

Answer key

  1. a running cost
  2. ice
  3. a cloth banner
  4. 130
  5. a running cost
  6. 78
  7. a price board
  8. a one-time cost
  9. seeds and soil
  10. 10
  11. 290
  12. 240
  13. 100
  14. False
  15. 51
  16. a one-time cost
  17. a cash box
  18. True
  19. paper cups
  20. True
  21. 19
  22. card paper
  23. False
  24. True
  25. a running cost
  26. a cooler box
  27. True
  28. 250
  29. True
  30. False
  31. Yes
  32. 80
  33. 60
  34. a one-time cost
  35. paper cups
  36. False
  37. a running cost
  38. 140
  39. No
  40. lemons

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