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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 743 · 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 running cost (b) a one-time cost
  2. 2.Meera’s stall budget is ₹620. A price board cost ₹250, lemons cost ₹100 and sugar cost ₹190. How many rupees of the budget are left?
  3. 3.Saanvi plans to make 19 clay diyas. Each needs ₹5 of materials, and a banner costs ₹50 once. What total budget is needed (in ₹)?
  4. 4.📒 One-time cost or running cost: sugar? (a) a one-time cost (b) a running cost
  5. 5.True or false: “a cash box” is a one-time cost. (a) False (b) True
  6. 6.Dev’s stall budget is ₹800. Ribbon cost ₹190, card paper cost ₹290 and sugar cost ₹30. How many rupees of the budget are left?
  7. 7.Joseph plans to make 46 cupcakes. Each needs ₹3 of materials, and a banner costs ₹70 once. What total budget is needed (in ₹)?
  8. 8.🔍 Which is the odd one out? (a) sugar (b) a cash box (c) a cloth banner (d) a juicer
  9. 9.Arjun has ₹60 to spend on rolls of ribbon. One roll of ribbon costs ₹10. What is the greatest number of rolls of ribbon Arjun can buy?
  10. 10.Which of these is a one-time cost? (a) lemons (b) tea leaves and milk (c) paper cups (d) a folding table
  11. 11.Nisha has ₹200 to spend on lemons. One lemon costs ₹12. What is the greatest number of lemons Nisha can buy?
  12. 12.Which of these is a running cost? (a) a folding table (b) a juicer (c) paper cups (d) a cloth banner
  13. 13.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  14. 14.Dev plans to make 16 jute bags. Each needs ₹5 of materials, and a banner costs ₹150 once. What total budget is needed (in ₹)?
  15. 15.Which of these is a running cost? (a) a cloth banner (b) a cooler box (c) tea leaves and milk (d) a folding table
  16. 16.📒 One-time cost or running cost: card paper? (a) a running cost (b) a one-time cost
  17. 17.📒 One-time cost or running cost: ice? (a) a running cost (b) a one-time cost
  18. 18.True or false: “a juicer” is a running cost. (a) False (b) True
  19. 19.📒 One-time cost or running cost: paper cups? (a) a one-time cost (b) a running cost
  20. 20.🔍 Which is the odd one out? (a) a cash box (b) paper cups (c) tea leaves and milk (d) lemons
  21. 21.Gurpreet has ₹200 to spend on lemons. One lemon costs ₹6. What is the greatest number of lemons Gurpreet can buy?
  22. 22.True or false: “a cloth banner” is a running cost. (a) False (b) True
  23. 23.Which of these is a one-time cost? (a) lemons (b) sugar (c) a cloth banner (d) card paper
  24. 24.🔍 Which is the odd one out? (a) lemons (b) paper cups (c) seeds and soil (d) a price board
  25. 25.Which of these is a one-time cost? (a) a cooler box (b) card paper (c) paper cups (d) seeds and soil
  26. 26.True or false: “a cloth banner” is a one-time cost. (a) False (b) True
  27. 27.Which of these is a one-time cost? (a) lemons (b) a juicer (c) sugar (d) ice
  28. 28.🔍 Which is the odd one out? (a) a price board (b) a cooler box (c) ice (d) a cloth banner
  29. 29.🔍 Which is the odd one out? (a) a folding table (b) tea leaves and milk (c) a juicer (d) a price board
  30. 30.Rohan has a budget of ₹800. The stock costs ₹100 and the stall fee is ₹660. Is the budget enough? (a) No (b) Yes
  31. 31.📒 One-time cost or running cost: lemons? (a) a running cost (b) a one-time cost
  32. 32.🔍 Which is the odd one out? (a) card paper (b) a juicer (c) a cloth banner (d) a price board
  33. 33.Lakshmi plans to make 39 fruit cups. Each needs ₹8 of materials, and a banner costs ₹220 once. What total budget is needed (in ₹)?
  34. 34.Arjun has a budget of ₹900. The stock costs ₹100 and the stall fee is ₹760. Is the budget enough? (a) No (b) Yes
  35. 35.Rohan has a budget of ₹1000. The stock costs ₹130 and the stall fee is ₹830. Is the budget enough? (a) No (b) Yes
  36. 36.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  37. 37.🔍 Which is the odd one out? (a) lemons (b) a cloth banner (c) sugar (d) card paper
  38. 38.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost
  39. 39.Farhan has a budget of ₹400. The stock costs ₹170 and the stall fee is ₹180. Is the budget enough? (a) No (b) Yes
  40. 40.Which of these is a running cost? (a) seeds and soil (b) a cash box (c) a folding table (d) a price board

Answer key

  1. a running cost
  2. 80
  3. 145
  4. a running cost
  5. True
  6. 290
  7. 208
  8. sugar
  9. 6
  10. a folding table
  11. 16
  12. paper cups
  13. a one-time cost
  14. 230
  15. tea leaves and milk
  16. a running cost
  17. a running cost
  18. False
  19. a running cost
  20. a cash box
  21. 33
  22. False
  23. a cloth banner
  24. a price board
  25. a cooler box
  26. True
  27. a juicer
  28. ice
  29. tea leaves and milk
  30. Yes
  31. a running cost
  32. card paper
  33. 532
  34. Yes
  35. Yes
  36. a one-time cost
  37. a cloth banner
  38. a one-time cost
  39. Yes
  40. seeds and soil

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