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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 79 · 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 folding table? (a) a running cost (b) a one-time cost
  2. 2.Diya has a budget of ₹900. The stock costs ₹440 and the stall fee is ₹490. Is the budget enough? (a) Yes (b) No
  3. 3.Nisha’s stall budget is ₹620. Napkins cost ₹80, a banner cost ₹150 and ribbon cost ₹170. How many rupees of the budget are left?
  4. 4.True or false: “seeds and soil” is a running cost. (a) False (b) True
  5. 5.📒 One-time cost or running cost: a price board? (a) a one-time cost (b) a running cost
  6. 6.🔍 Which is the odd one out? (a) a cloth banner (b) a cash box (c) a juicer (d) paper cups
  7. 7.🔍 Which is the odd one out? (a) tea leaves and milk (b) a juicer (c) a folding table (d) a cloth banner
  8. 8.Which of these is a one-time cost? (a) paper cups (b) ice (c) a cloth banner (d) tea leaves and milk
  9. 9.🔍 Which is the odd one out? (a) a folding table (b) a cloth banner (c) lemons (d) a cash box
  10. 10.📒 One-time cost or running cost: lemons? (a) a running cost (b) a one-time cost
  11. 11.Diya plans to make 34 fruit cups. Each needs ₹5 of materials, and a banner costs ₹260 once. What total budget is needed (in ₹)?
  12. 12.📒 One-time cost or running cost: a cloth banner? (a) a one-time cost (b) a running cost
  13. 13.🔍 Which is the odd one out? (a) seeds and soil (b) sugar (c) ice (d) a cloth banner
  14. 14.Arjun’s stall budget is ₹260. Sugar cost ₹30, lemons cost ₹90 and a banner cost ₹80. How many rupees of the budget are left?
  15. 15.Ishaan has a budget of ₹800. The stock costs ₹160 and the stall fee is ₹650. Is the budget enough? (a) No (b) Yes
  16. 16.📒 One-time cost or running cost: ice? (a) a one-time cost (b) a running cost
  17. 17.🔍 Which is the odd one out? (a) a cloth banner (b) ice (c) a price board (d) a juicer
  18. 18.Joseph has ₹430 to spend on sheets of card paper. One sheet of card paper costs ₹12. What is the greatest number of sheets of card paper Joseph can buy?
  19. 19.True or false: “seeds and soil” is a one-time cost. (a) False (b) True
  20. 20.🔍 Which is the odd one out? (a) ice (b) sugar (c) card paper (d) a juicer
  21. 21.True or false: “a cash box” is a one-time cost. (a) False (b) True
  22. 22.Aarav plans to make 43 paper bookmarks. Each needs ₹2 of materials, and a banner costs ₹220 once. What total budget is needed (in ₹)?
  23. 23.Meera plans to make 32 potted plants. Each needs ₹3 of materials, and a banner costs ₹220 once. What total budget is needed (in ₹)?
  24. 24.True or false: “a cash box” is a running cost. (a) False (b) True
  25. 25.Ananya plans to make 14 cupcakes. Each needs ₹2 of materials, and a banner costs ₹110 once. What total budget is needed (in ₹)?
  26. 26.Nisha plans to make 35 painted pebbles. Each needs ₹2 of materials, and a banner costs ₹220 once. What total budget is needed (in ₹)?
  27. 27.Lakshmi has a budget of ₹700. The stock costs ₹330 and the stall fee is ₹320. Is the budget enough? (a) Yes (b) No
  28. 28.Which of these is a running cost? (a) a folding table (b) seeds and soil (c) a cloth banner (d) a cooler box
  29. 29.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
  30. 30.Which of these is a one-time cost? (a) a price board (b) paper cups (c) seeds and soil (d) card paper
  31. 31.📒 One-time cost or running cost: card paper? (a) a running cost (b) a one-time cost
  32. 32.Aarav has a budget of ₹800. The stock costs ₹150 and the stall fee is ₹630. Is the budget enough? (a) No (b) Yes
  33. 33.🔍 Which is the odd one out? (a) a price board (b) sugar (c) a cloth banner (d) a folding table
  34. 34.Which of these is a running cost? (a) a folding table (b) a cloth banner (c) a price board (d) card paper
  35. 35.Which of these is a one-time cost? (a) tea leaves and milk (b) lemons (c) sugar (d) a juicer
  36. 36.Which of these is a one-time cost? (a) sugar (b) a folding table (c) ice (d) paper cups
  37. 37.True or false: “a juicer” is a running cost. (a) False (b) True
  38. 38.Gurpreet plans to make 18 cups of lemonade. Each needs ₹6 of materials, and a banner costs ₹270 once. What total budget is needed (in ₹)?
  39. 39.Kavya’s stall budget is ₹410. Card paper cost ₹170, paper cups cost ₹90 and a banner cost ₹50. How many rupees of the budget are left?
  40. 40.True or false: “sugar” is a one-time cost. (a) False (b) True

Answer key

  1. a one-time cost
  2. No
  3. 220
  4. True
  5. a one-time cost
  6. paper cups
  7. tea leaves and milk
  8. a cloth banner
  9. lemons
  10. a running cost
  11. 430
  12. a one-time cost
  13. a cloth banner
  14. 60
  15. No
  16. a running cost
  17. ice
  18. 35
  19. False
  20. a juicer
  21. True
  22. 306
  23. 316
  24. False
  25. 138
  26. 290
  27. Yes
  28. seeds and soil
  29. a running cost
  30. a price board
  31. a running cost
  32. Yes
  33. sugar
  34. card paper
  35. a juicer
  36. a folding table
  37. False
  38. 378
  39. 100
  40. False

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