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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 77 · 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 one-time cost? (a) tea leaves and milk (b) a folding table (c) card paper (d) sugar
  2. 2.🔍 Which is the odd one out? (a) a juicer (b) a cash box (c) a price board (d) card paper
  3. 3.📒 One-time cost or running cost: seeds and soil? (a) a running cost (b) a one-time cost
  4. 4.Kabir has a budget of ₹400. The stock costs ₹160 and the stall fee is ₹210. Is the budget enough? (a) No (b) Yes
  5. 5.Kabir has a budget of ₹700. The stock costs ₹210 and the stall fee is ₹500. Is the budget enough? (a) Yes (b) No
  6. 6.Arjun has ₹130 to spend on sheets of card paper. One sheet of card paper costs ₹6. What is the greatest number of sheets of card paper Arjun can buy?
  7. 7.Which of these is a one-time cost? (a) sugar (b) a cash box (c) seeds and soil (d) paper cups
  8. 8.Which of these is a running cost? (a) a folding table (b) a price board (c) sugar (d) a cash box
  9. 9.Which of these is a running cost? (a) a cash box (b) a folding table (c) ice (d) a cooler box
  10. 10.Meera’s stall budget is ₹670. Paper cups cost ₹210, seeds cost ₹160 and napkins cost ₹50. How many rupees of the budget are left?
  11. 11.Diya’s stall budget is ₹660. Seeds cost ₹90, card paper cost ₹200 and lemons cost ₹150. How many rupees of the budget are left?
  12. 12.True or false: “lemons” is a one-time cost. (a) False (b) True
  13. 13.Which of these is a one-time cost? (a) a cooler box (b) seeds and soil (c) tea leaves and milk (d) lemons
  14. 14.Dev has a budget of ₹600. The stock costs ₹270 and the stall fee is ₹300. Is the budget enough? (a) Yes (b) No
  15. 15.Ishaan has ₹270 to spend on rolls of ribbon. One roll of ribbon costs ₹6. What is the greatest number of rolls of ribbon Ishaan can buy?
  16. 16.Farhan plans to make 15 potted plants. Each needs ₹8 of materials, and a banner costs ₹60 once. What total budget is needed (in ₹)?
  17. 17.Which of these is a one-time cost? (a) lemons (b) a cloth banner (c) paper cups (d) tea leaves and milk
  18. 18.🔍 Which is the odd one out? (a) a price board (b) seeds and soil (c) sugar (d) card paper
  19. 19.True or false: “a cash box” is a running cost. (a) True (b) False
  20. 20.Zoya’s stall budget is ₹680. Card paper cost ₹210, sugar cost ₹240 and napkins cost ₹110. How many rupees of the budget are left?
  21. 21.Which of these is a one-time cost? (a) card paper (b) lemons (c) a juicer (d) ice
  22. 22.True or false: “card paper” is a running cost. (a) True (b) False
  23. 23.Arjun’s stall budget is ₹660. Sugar cost ₹240, a price board cost ₹230 and pots cost ₹20. How many rupees of the budget are left?
  24. 24.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  25. 25.Kavya plans to make 18 handmade cards. Each needs ₹2 of materials, and a banner costs ₹230 once. What total budget is needed (in ₹)?
  26. 26.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
  27. 27.True or false: “a cash box” is a one-time cost. (a) True (b) False
  28. 28.Joseph plans to make 37 cups of lemonade. Each needs ₹4 of materials, and a banner costs ₹150 once. What total budget is needed (in ₹)?
  29. 29.Zoya’s stall budget is ₹930. Napkins cost ₹300, lemons cost ₹210 and seeds cost ₹240. How many rupees of the budget are left?
  30. 30.📒 One-time cost or running cost: ice? (a) a running cost (b) a one-time cost
  31. 31.Riya’s stall budget is ₹700. Napkins cost ₹300, a banner cost ₹170 and sugar cost ₹180. How many rupees of the budget are left?
  32. 32.True or false: “a price board” is a running cost. (a) False (b) True
  33. 33.📒 One-time cost or running cost: a cloth banner? (a) a one-time cost (b) a running cost
  34. 34.Arjun has a budget of ₹700. The stock costs ₹190 and the stall fee is ₹520. Is the budget enough? (a) No (b) Yes
  35. 35.Diya’s stall budget is ₹620. A price board cost ₹140, pots cost ₹30 and seeds cost ₹180. How many rupees of the budget are left?
  36. 36.📒 One-time cost or running cost: lemons? (a) a one-time cost (b) a running cost
  37. 37.Ishaan plans to make 38 painted pebbles. Each needs ₹4 of materials, and a banner costs ₹300 once. What total budget is needed (in ₹)?
  38. 38.🔍 Which is the odd one out? (a) a folding table (b) ice (c) seeds and soil (d) sugar
  39. 39.Which of these is a one-time cost? (a) lemons (b) ice (c) a price board (d) card paper
  40. 40.🔍 Which is the odd one out? (a) paper cups (b) card paper (c) a cloth banner (d) seeds and soil

Answer key

  1. a folding table
  2. card paper
  3. a running cost
  4. Yes
  5. No
  6. 21
  7. a cash box
  8. sugar
  9. ice
  10. 250
  11. 220
  12. False
  13. a cooler box
  14. Yes
  15. 45
  16. 180
  17. a cloth banner
  18. a price board
  19. False
  20. 120
  21. a juicer
  22. True
  23. 170
  24. a one-time cost
  25. 266
  26. a running cost
  27. True
  28. 298
  29. 180
  30. a running cost
  31. 50
  32. False
  33. a one-time cost
  34. No
  35. 270
  36. a running cost
  37. 452
  38. a folding table
  39. a price board
  40. a cloth banner

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