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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 739 · 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: lemons? (a) a one-time cost (b) a running cost
  2. 2.Kavya plans to make 14 jute bags. Each needs ₹10 of materials, and a banner costs ₹90 once. What total budget is needed (in ₹)?
  3. 3.🔍 Which is the odd one out? (a) card paper (b) a cash box (c) a price board (d) a cloth banner
  4. 4.True or false: “a price board” is a running cost. (a) False (b) True
  5. 5.Zoya’s stall budget is ₹550. Sugar cost ₹20, napkins cost ₹180 and paper cups cost ₹290. How many rupees of the budget are left?
  6. 6.True or false: “card paper” is a running cost. (a) True (b) False
  7. 7.True or false: “a cooler box” is a running cost. (a) False (b) True
  8. 8.Which of these is a running cost? (a) a cloth banner (b) a cooler box (c) a price board (d) card paper
  9. 9.Which of these is a one-time cost? (a) seeds and soil (b) ice (c) a cooler box (d) sugar
  10. 10.Which of these is a one-time cost? (a) seeds and soil (b) paper cups (c) a juicer (d) sugar
  11. 11.Nisha has ₹330 to spend on packets of seeds. One packet of seeds costs ₹12. What is the greatest number of packets of seeds Nisha can buy?
  12. 12.Meera plans to make 40 cups of lemonade. Each needs ₹2 of materials, and a banner costs ₹290 once. What total budget is needed (in ₹)?
  13. 13.True or false: “paper cups” is a running cost. (a) True (b) False
  14. 14.Which of these is a running cost? (a) a cloth banner (b) a cooler box (c) a folding table (d) paper cups
  15. 15.Joseph has ₹50 to spend on packs of cups. One pack of cups costs ₹15. What is the greatest number of packs of cups Joseph can buy?
  16. 16.Aarav has a budget of ₹300. The stock costs ₹60 and the stall fee is ₹270. Is the budget enough? (a) No (b) Yes
  17. 17.True or false: “a folding table” is a running cost. (a) False (b) True
  18. 18.Joseph’s stall budget is ₹470. Pots cost ₹150, a banner cost ₹80 and napkins cost ₹110. How many rupees of the budget are left?
  19. 19.Vihaan has ₹420 to spend on lemons. One lemon costs ₹4. What is the greatest number of lemons Vihaan can buy?
  20. 20.True or false: “ice” is a one-time cost. (a) False (b) True
  21. 21.🔍 Which is the odd one out? (a) ice (b) seeds and soil (c) paper cups (d) a juicer
  22. 22.📒 One-time cost or running cost: a cash box? (a) a one-time cost (b) a running cost
  23. 23.Which of these is a one-time cost? (a) ice (b) seeds and soil (c) a cloth banner (d) card paper
  24. 24.Ananya plans to make 31 friendship bands. Each needs ₹8 of materials, and a banner costs ₹290 once. What total budget is needed (in ₹)?
  25. 25.Lakshmi’s stall budget is ₹760. A price board cost ₹110, sugar cost ₹170 and napkins cost ₹220. How many rupees of the budget are left?
  26. 26.True or false: “a folding table” is a one-time cost. (a) True (b) False
  27. 27.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  28. 28.True or false: “a cash box” is a one-time cost. (a) False (b) True
  29. 29.Saanvi’s stall budget is ₹740. Pots cost ₹100, paper cups cost ₹250 and a banner cost ₹150. How many rupees of the budget are left?
  30. 30.Which of these is a running cost? (a) seeds and soil (b) a cloth banner (c) a juicer (d) a price board
  31. 31.Tara’s stall budget is ₹890. A price board cost ₹210, card paper cost ₹150 and napkins cost ₹240. How many rupees of the budget are left?
  32. 32.Diya’s stall budget is ₹530. Card paper cost ₹90, sugar cost ₹180 and paper cups cost ₹210. How many rupees of the budget are left?
  33. 33.True or false: “a cooler box” is a one-time cost. (a) True (b) False
  34. 34.Which of these is a running cost? (a) a juicer (b) ice (c) a folding table (d) a cloth banner
  35. 35.Farhan’s stall budget is ₹750. Napkins cost ₹160, ribbon cost ₹100 and a price board cost ₹270. How many rupees of the budget are left?
  36. 36.Ananya has a budget of ₹1000. The stock costs ₹330 and the stall fee is ₹660. Is the budget enough? (a) No (b) Yes
  37. 37.🔍 Which is the odd one out? (a) a price board (b) a cash box (c) tea leaves and milk (d) a juicer
  38. 38.Kavya has ₹230 to spend on packets of seeds. One packet of seeds costs ₹10. What is the greatest number of packets of seeds Kavya can buy?
  39. 39.Which of these is a one-time cost? (a) paper cups (b) sugar (c) tea leaves and milk (d) a cash box
  40. 40.📒 One-time cost or running cost: a cooler box? (a) a one-time cost (b) a running cost

Answer key

  1. a running cost
  2. 230
  3. card paper
  4. False
  5. 60
  6. True
  7. False
  8. card paper
  9. a cooler box
  10. a juicer
  11. 27
  12. 370
  13. True
  14. paper cups
  15. 3
  16. No
  17. False
  18. 130
  19. 105
  20. False
  21. a juicer
  22. a one-time cost
  23. a cloth banner
  24. 538
  25. 260
  26. True
  27. a one-time cost
  28. True
  29. 240
  30. seeds and soil
  31. 290
  32. 50
  33. True
  34. ice
  35. 220
  36. Yes
  37. tea leaves and milk
  38. 23
  39. a cash box
  40. a one-time cost

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