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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 863 · 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) a folding table (b) lemons (c) ice (d) seeds and soil
  2. 2.📒 One-time cost or running cost: ice? (a) a running cost (b) a one-time cost
  3. 3.Ishaan plans to make 38 glasses of chai. Each needs ₹9 of materials, and a banner costs ₹110 once. What total budget is needed (in ₹)?
  4. 4.True or false: “card paper” is a one-time cost. (a) False (b) True
  5. 5.Nisha has a budget of ₹900. The stock costs ₹50 and the stall fee is ₹840. Is the budget enough? (a) Yes (b) No
  6. 6.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
  7. 7.True or false: “ice” is a running cost. (a) False (b) True
  8. 8.🔍 Which is the odd one out? (a) seeds and soil (b) a folding table (c) a cash box (d) a juicer
  9. 9.Which of these is a running cost? (a) a folding table (b) lemons (c) a cash box (d) a price board
  10. 10.Dev plans to make 25 paper bookmarks. Each needs ₹3 of materials, and a banner costs ₹160 once. What total budget is needed (in ₹)?
  11. 11.Ananya has a budget of ₹700. The stock costs ₹90 and the stall fee is ₹610. Is the budget enough? (a) Yes (b) No
  12. 12.Dev plans to make 15 glasses of chai. Each needs ₹8 of materials, and a banner costs ₹150 once. What total budget is needed (in ₹)?
  13. 13.📒 One-time cost or running cost: lemons? (a) a running cost (b) a one-time cost
  14. 14.Zoya has ₹80 to spend on sheets of card paper. One sheet of card paper costs ₹12. What is the greatest number of sheets of card paper Zoya can buy?
  15. 15.True or false: “a folding table” is a one-time cost. (a) False (b) True
  16. 16.Saanvi plans to make 30 cups of lemonade. Each needs ₹5 of materials, and a banner costs ₹140 once. What total budget is needed (in ₹)?
  17. 17.🔍 Which is the odd one out? (a) a price board (b) paper cups (c) seeds and soil (d) ice
  18. 18.🔍 Which is the odd one out? (a) paper cups (b) a folding table (c) a juicer (d) a cloth banner
  19. 19.Tara has a budget of ₹300. The stock costs ₹130 and the stall fee is ₹200. Is the budget enough? (a) No (b) Yes
  20. 20.🔍 Which is the odd one out? (a) card paper (b) a cloth banner (c) paper cups (d) tea leaves and milk
  21. 21.🔍 Which is the odd one out? (a) tea leaves and milk (b) a folding table (c) seeds and soil (d) paper cups
  22. 22.Gurpreet has ₹250 to spend on packets of seeds. One packet of seeds costs ₹20. What is the greatest number of packets of seeds Gurpreet can buy?
  23. 23.True or false: “a price board” is a running cost. (a) False (b) True
  24. 24.True or false: “a folding table” is a running cost. (a) True (b) False
  25. 25.Kabir’s stall budget is ₹460. A banner cost ₹50, sugar cost ₹30 and napkins cost ₹160. How many rupees of the budget are left?
  26. 26.🔍 Which is the odd one out? (a) a cloth banner (b) a cash box (c) a folding table (d) card paper
  27. 27.Gurpreet’s stall budget is ₹550. Lemons cost ₹270, sugar cost ₹70 and pots cost ₹160. How many rupees of the budget are left?
  28. 28.Which of these is a one-time cost? (a) a juicer (b) sugar (c) lemons (d) ice
  29. 29.Nisha has a budget of ₹500. The stock costs ₹80 and the stall fee is ₹390. Is the budget enough? (a) No (b) Yes
  30. 30.📒 One-time cost or running cost: a cooler box? (a) a one-time cost (b) a running cost
  31. 31.Joseph plans to make 11 potted plants. Each needs ₹4 of materials, and a banner costs ₹150 once. What total budget is needed (in ₹)?
  32. 32.Aarav’s stall budget is ₹520. Ribbon cost ₹120, lemons cost ₹120 and pots cost ₹100. How many rupees of the budget are left?
  33. 33.True or false: “tea leaves and milk” is a one-time cost. (a) False (b) True
  34. 34.Lakshmi has a budget of ₹1000. The stock costs ₹330 and the stall fee is ₹640. Is the budget enough? (a) No (b) Yes
  35. 35.Which of these is a running cost? (a) a juicer (b) a cooler box (c) a price board (d) paper cups
  36. 36.Zoya’s stall budget is ₹540. Pots cost ₹130, card paper cost ₹190 and napkins cost ₹170. How many rupees of the budget are left?
  37. 37.Which of these is a running cost? (a) a juicer (b) ice (c) a cloth banner (d) a cash box
  38. 38.True or false: “a cooler box” is a one-time cost. (a) True (b) False
  39. 39.📒 One-time cost or running cost: card paper? (a) a running cost (b) a one-time cost
  40. 40.Rohan has a budget of ₹300. The stock costs ₹110 and the stall fee is ₹200. Is the budget enough? (a) No (b) Yes

Answer key

  1. a folding table
  2. a running cost
  3. 452
  4. False
  5. Yes
  6. a one-time cost
  7. True
  8. seeds and soil
  9. lemons
  10. 235
  11. Yes
  12. 270
  13. a running cost
  14. 6
  15. True
  16. 290
  17. a price board
  18. paper cups
  19. No
  20. a cloth banner
  21. a folding table
  22. 12
  23. False
  24. False
  25. 220
  26. card paper
  27. 50
  28. a juicer
  29. Yes
  30. a one-time cost
  31. 194
  32. 180
  33. False
  34. Yes
  35. paper cups
  36. 50
  37. ice
  38. True
  39. a running cost
  40. No

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