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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 885 · 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) a cloth banner (b) seeds and soil (c) a cooler box (d) a cash box
  2. 2.🔍 Which is the odd one out? (a) lemons (b) paper cups (c) a juicer (d) sugar
  3. 3.📒 One-time cost or running cost: seeds and soil? (a) a running cost (b) a one-time cost
  4. 4.True or false: “a folding table” is a one-time cost. (a) False (b) True
  5. 5.🔍 Which is the odd one out? (a) a folding table (b) a juicer (c) seeds and soil (d) a cash box
  6. 6.Lakshmi plans to make 12 fruit cups. Each needs ₹9 of materials, and a banner costs ₹60 once. What total budget is needed (in ₹)?
  7. 7.Which of these is a running cost? (a) a cash box (b) a price board (c) ice (d) a cloth banner
  8. 8.Which of these is a running cost? (a) a cash box (b) a folding table (c) a price board (d) card paper
  9. 9.Rohan has ₹240 to spend on lemons. One lemon costs ₹5. What is the greatest number of lemons Rohan can buy?
  10. 10.📒 One-time cost or running cost: ice? (a) a one-time cost (b) a running cost
  11. 11.Kabir has a budget of ₹700. The stock costs ₹280 and the stall fee is ₹430. Is the budget enough? (a) No (b) Yes
  12. 12.Ishaan’s stall budget is ₹420. Lemons cost ₹210, pots cost ₹110 and ribbon cost ₹80. How many rupees of the budget are left?
  13. 13.True or false: “seeds and soil” is a one-time cost. (a) True (b) False
  14. 14.Aarav’s stall budget is ₹670. Lemons cost ₹90, paper cups cost ₹220 and ribbon cost ₹300. How many rupees of the budget are left?
  15. 15.Arjun plans to make 20 clay diyas. Each needs ₹9 of materials, and a banner costs ₹290 once. What total budget is needed (in ₹)?
  16. 16.Tara has a budget of ₹600. The stock costs ₹150 and the stall fee is ₹460. Is the budget enough? (a) No (b) Yes
  17. 17.🔍 Which is the odd one out? (a) a price board (b) a cloth banner (c) card paper (d) a folding table
  18. 18.True or false: “lemons” is a one-time cost. (a) False (b) True
  19. 19.Which of these is a running cost? (a) a folding table (b) a juicer (c) a cash box (d) paper cups
  20. 20.🔍 Which is the odd one out? (a) a cloth banner (b) tea leaves and milk (c) a juicer (d) a cash box
  21. 21.Which of these is a one-time cost? (a) a price board (b) ice (c) seeds and soil (d) card paper
  22. 22.🔍 Which is the odd one out? (a) a cloth banner (b) a cash box (c) a juicer (d) ice
  23. 23.Which of these is a one-time cost? (a) seeds and soil (b) a cooler box (c) paper cups (d) ice
  24. 24.📒 One-time cost or running cost: sugar? (a) a running cost (b) a one-time cost
  25. 25.True or false: “a cooler box” is a one-time cost. (a) False (b) True
  26. 26.🔍 Which is the odd one out? (a) sugar (b) card paper (c) paper cups (d) a cooler box
  27. 27.🔍 Which is the odd one out? (a) paper cups (b) sugar (c) a cash box (d) card paper
  28. 28.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost
  29. 29.Arjun’s stall budget is ₹520. Paper cups cost ₹190, ribbon cost ₹20 and seeds cost ₹20. How many rupees of the budget are left?
  30. 30.Tara has a budget of ₹800. The stock costs ₹400 and the stall fee is ₹450. Is the budget enough? (a) No (b) Yes
  31. 31.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost
  32. 32.Zoya plans to make 46 friendship bands. Each needs ₹10 of materials, and a banner costs ₹280 once. What total budget is needed (in ₹)?
  33. 33.True or false: “seeds and soil” is a running cost. (a) True (b) False
  34. 34.True or false: “card paper” is a one-time cost. (a) False (b) True
  35. 35.Which of these is a running cost? (a) a price board (b) lemons (c) a cooler box (d) a cash box
  36. 36.Ishaan has ₹120 to spend on sheets of card paper. One sheet of card paper costs ₹6. What is the greatest number of sheets of card paper Ishaan can buy?
  37. 37.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
  38. 38.Tara’s stall budget is ₹620. Lemons cost ₹60, pots cost ₹40 and a banner cost ₹240. How many rupees of the budget are left?
  39. 39.Which of these is a running cost? (a) a price board (b) sugar (c) a cloth banner (d) a folding table
  40. 40.True or false: “a cash box” is a running cost. (a) False (b) True

Answer key

  1. seeds and soil
  2. a juicer
  3. a running cost
  4. True
  5. seeds and soil
  6. 168
  7. ice
  8. card paper
  9. 48
  10. a running cost
  11. No
  12. 20
  13. False
  14. 60
  15. 470
  16. No
  17. card paper
  18. False
  19. paper cups
  20. tea leaves and milk
  21. a price board
  22. ice
  23. a cooler box
  24. a running cost
  25. True
  26. a cooler box
  27. a cash box
  28. a one-time cost
  29. 290
  30. No
  31. a one-time cost
  32. 740
  33. True
  34. False
  35. lemons
  36. 20
  37. a one-time cost
  38. 280
  39. sugar
  40. False

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