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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 766 · 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 price board? (a) a one-time cost (b) a running cost
  2. 2.True or false: “paper cups” is a one-time cost. (a) False (b) True
  3. 3.True or false: “sugar” is a one-time cost. (a) True (b) False
  4. 4.Vihaan has ₹140 to spend on packs of cups. One pack of cups costs ₹20. What is the greatest number of packs of cups Vihaan can buy?
  5. 5.Kavya’s stall budget is ₹630. Ribbon cost ₹260, lemons cost ₹300 and napkins cost ₹50. How many rupees of the budget are left?
  6. 6.True or false: “a folding table” is a one-time cost. (a) False (b) True
  7. 7.🔍 Which is the odd one out? (a) a cloth banner (b) paper cups (c) a cash box (d) a cooler box
  8. 8.🔍 Which is the odd one out? (a) a folding table (b) a cooler box (c) ice (d) a price board
  9. 9.Which of these is a one-time cost? (a) paper cups (b) a price board (c) lemons (d) sugar
  10. 10.Which of these is a running cost? (a) a juicer (b) sugar (c) a price board (d) a cash box
  11. 11.True or false: “card paper” is a running cost. (a) False (b) True
  12. 12.Which of these is a one-time cost? (a) tea leaves and milk (b) paper cups (c) lemons (d) a juicer
  13. 13.True or false: “lemons” is a one-time cost. (a) True (b) False
  14. 14.True or false: “a folding table” is a running cost. (a) True (b) False
  15. 15.Vihaan’s stall budget is ₹510. Sugar cost ₹70, seeds cost ₹250 and a banner cost ₹40. How many rupees of the budget are left?
  16. 16.🔍 Which is the odd one out? (a) sugar (b) tea leaves and milk (c) ice (d) a cloth banner
  17. 17.Farhan has a budget of ₹400. The stock costs ₹200 and the stall fee is ₹250. Is the budget enough? (a) No (b) Yes
  18. 18.Aarav has ₹320 to spend on rolls of ribbon. One roll of ribbon costs ₹4. What is the greatest number of rolls of ribbon Aarav can buy?
  19. 19.Farhan has a budget of ₹400. The stock costs ₹70 and the stall fee is ₹340. Is the budget enough? (a) No (b) Yes
  20. 20.📒 One-time cost or running cost: a cash box? (a) a one-time cost (b) a running cost
  21. 21.Aarav has a budget of ₹900. The stock costs ₹210 and the stall fee is ₹660. Is the budget enough? (a) No (b) Yes
  22. 22.🔍 Which is the odd one out? (a) a price board (b) a cash box (c) a cooler box (d) tea leaves and milk
  23. 23.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  24. 24.🔍 Which is the odd one out? (a) lemons (b) card paper (c) sugar (d) a cooler box
  25. 25.🔍 Which is the odd one out? (a) lemons (b) a folding table (c) a price board (d) a cloth banner
  26. 26.Joseph’s stall budget is ₹470. A banner cost ₹80, a price board cost ₹150 and lemons cost ₹20. How many rupees of the budget are left?
  27. 27.Meera plans to make 29 painted pebbles. Each needs ₹10 of materials, and a banner costs ₹250 once. What total budget is needed (in ₹)?
  28. 28.Ananya plans to make 44 glasses of chai. Each needs ₹2 of materials, and a banner costs ₹130 once. What total budget is needed (in ₹)?
  29. 29.🔍 Which is the odd one out? (a) a price board (b) ice (c) paper cups (d) lemons
  30. 30.Which of these is a running cost? (a) a juicer (b) lemons (c) a cash box (d) a folding table
  31. 31.📒 One-time cost or running cost: ice? (a) a running cost (b) a one-time cost
  32. 32.Nisha plans to make 45 clay diyas. Each needs ₹4 of materials, and a banner costs ₹190 once. What total budget is needed (in ₹)?
  33. 33.🔍 Which is the odd one out? (a) a folding table (b) lemons (c) sugar (d) paper cups
  34. 34.🔍 Which is the odd one out? (a) a cash box (b) card paper (c) seeds and soil (d) lemons
  35. 35.Aarav has ₹280 to spend on lemons. One lemon costs ₹5. What is the greatest number of lemons Aarav can buy?
  36. 36.Which of these is a one-time cost? (a) card paper (b) a cooler box (c) lemons (d) seeds and soil
  37. 37.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost
  38. 38.Which of these is a running cost? (a) a cloth banner (b) a cash box (c) tea leaves and milk (d) a cooler box
  39. 39.True or false: “a price board” is a one-time cost. (a) False (b) True
  40. 40.True or false: “a juicer” is a running cost. (a) True (b) False

Answer key

  1. a one-time cost
  2. False
  3. False
  4. 7
  5. 20
  6. True
  7. paper cups
  8. ice
  9. a price board
  10. sugar
  11. True
  12. a juicer
  13. False
  14. False
  15. 150
  16. a cloth banner
  17. No
  18. 80
  19. No
  20. a one-time cost
  21. Yes
  22. tea leaves and milk
  23. a one-time cost
  24. a cooler box
  25. lemons
  26. 220
  27. 540
  28. 218
  29. a price board
  30. lemons
  31. a running cost
  32. 370
  33. a folding table
  34. a cash box
  35. 56
  36. a cooler box
  37. a one-time cost
  38. tea leaves and milk
  39. True
  40. False

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