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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 748 · 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.Which of these is a running cost? (a) ice (b) a juicer (c) a cash box (d) a cloth banner
  2. 2.Which of these is a running cost? (a) card paper (b) a cloth banner (c) a cash box (d) a juicer
  3. 3.Arjun has ₹80 to spend on packets of seeds. One packet of seeds costs ₹20. What is the greatest number of packets of seeds Arjun can buy?
  4. 4.🔍 Which is the odd one out? (a) lemons (b) a folding table (c) a price board (d) a cooler box
  5. 5.Kavya has ₹140 to spend on lemons. One lemon costs ₹8. What is the greatest number of lemons Kavya can buy?
  6. 6.Lakshmi has a budget of ₹400. The stock costs ₹150 and the stall fee is ₹270. Is the budget enough? (a) Yes (b) No
  7. 7.🔍 Which is the odd one out? (a) a juicer (b) a price board (c) seeds and soil (d) a cloth banner
  8. 8.Which of these is a one-time cost? (a) tea leaves and milk (b) paper cups (c) a cooler box (d) sugar
  9. 9.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  10. 10.Gurpreet has ₹290 to spend on rolls of ribbon. One roll of ribbon costs ₹12. What is the greatest number of rolls of ribbon Gurpreet can buy?
  11. 11.True or false: “seeds and soil” is a running cost. (a) False (b) True
  12. 12.Which of these is a running cost? (a) a cloth banner (b) a cash box (c) a folding table (d) sugar
  13. 13.Tara’s stall budget is ₹810. Lemons cost ₹150, sugar cost ₹200 and ribbon cost ₹230. How many rupees of the budget are left?
  14. 14.🔍 Which is the odd one out? (a) tea leaves and milk (b) sugar (c) card paper (d) a cloth banner
  15. 15.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
  16. 16.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost
  17. 17.📒 One-time cost or running cost: a cash box? (a) a one-time cost (b) a running cost
  18. 18.🔍 Which is the odd one out? (a) a cash box (b) a folding table (c) a juicer (d) tea leaves and milk
  19. 19.Aarav plans to make 19 cups of lemonade. Each needs ₹5 of materials, and a banner costs ₹70 once. What total budget is needed (in ₹)?
  20. 20.📒 One-time cost or running cost: sugar? (a) a running cost (b) a one-time cost
  21. 21.📒 One-time cost or running cost: lemons? (a) a one-time cost (b) a running cost
  22. 22.Saanvi plans to make 15 painted pebbles. Each needs ₹2 of materials, and a banner costs ₹180 once. What total budget is needed (in ₹)?
  23. 23.True or false: “sugar” is a running cost. (a) True (b) False
  24. 24.Which of these is a running cost? (a) a cash box (b) a price board (c) a cloth banner (d) lemons
  25. 25.🔍 Which is the odd one out? (a) a cooler box (b) card paper (c) tea leaves and milk (d) sugar
  26. 26.🔍 Which is the odd one out? (a) a price board (b) paper cups (c) ice (d) lemons
  27. 27.Which of these is a running cost? (a) a price board (b) seeds and soil (c) a folding table (d) a cash box
  28. 28.🔍 Which is the odd one out? (a) a cooler box (b) a cloth banner (c) sugar (d) a folding table
  29. 29.📒 One-time cost or running cost: card paper? (a) a one-time cost (b) a running cost
  30. 30.🔍 Which is the odd one out? (a) lemons (b) sugar (c) paper cups (d) a cash box
  31. 31.📒 One-time cost or running cost: paper cups? (a) a running cost (b) a one-time cost
  32. 32.True or false: “a cloth banner” is a one-time cost. (a) False (b) True
  33. 33.True or false: “lemons” is a one-time cost. (a) True (b) False
  34. 34.True or false: “a cash box” is a running cost. (a) False (b) True
  35. 35.True or false: “a folding table” is a one-time cost. (a) False (b) True
  36. 36.Saanvi has a budget of ₹700. The stock costs ₹170 and the stall fee is ₹530. Is the budget enough? (a) Yes (b) No
  37. 37.Aarav’s stall budget is ₹570. Pots cost ₹300, sugar cost ₹90 and napkins cost ₹140. How many rupees of the budget are left?
  38. 38.Meera has a budget of ₹400. The stock costs ₹150 and the stall fee is ₹280. Is the budget enough? (a) Yes (b) No
  39. 39.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
  40. 40.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost

Answer key

  1. ice
  2. card paper
  3. 4
  4. lemons
  5. 17
  6. No
  7. seeds and soil
  8. a cooler box
  9. a one-time cost
  10. 24
  11. True
  12. sugar
  13. 230
  14. a cloth banner
  15. a one-time cost
  16. a one-time cost
  17. a one-time cost
  18. tea leaves and milk
  19. 165
  20. a running cost
  21. a running cost
  22. 210
  23. True
  24. lemons
  25. a cooler box
  26. a price board
  27. seeds and soil
  28. sugar
  29. a running cost
  30. a cash box
  31. a running cost
  32. True
  33. False
  34. False
  35. True
  36. Yes
  37. 40
  38. No
  39. a running cost
  40. a one-time cost

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