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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 892 · 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: tea leaves and milk? (a) a one-time cost (b) a running cost
  2. 2.Farhan plans to make 25 cups of lemonade. Each needs ₹6 of materials, and a banner costs ₹220 once. What total budget is needed (in ₹)?
  3. 3.Which of these is a running cost? (a) a cash box (b) a folding table (c) lemons (d) a cloth banner
  4. 4.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  5. 5.Meera’s stall budget is ₹580. Seeds cost ₹150, card paper cost ₹290 and paper cups cost ₹30. How many rupees of the budget are left?
  6. 6.🔍 Which is the odd one out? (a) a price board (b) a juicer (c) card paper (d) a cloth banner
  7. 7.Saanvi’s stall budget is ₹750. A price board cost ₹270, sugar cost ₹250 and napkins cost ₹70. How many rupees of the budget are left?
  8. 8.Lakshmi’s stall budget is ₹870. Paper cups cost ₹240, seeds cost ₹200 and a price board cost ₹260. How many rupees of the budget are left?
  9. 9.True or false: “a cooler box” is a one-time cost. (a) True (b) False
  10. 10.Which of these is a one-time cost? (a) paper cups (b) a cooler box (c) ice (d) sugar
  11. 11.🔍 Which is the odd one out? (a) seeds and soil (b) card paper (c) lemons (d) a folding table
  12. 12.Saanvi has ₹60 to spend on sheets of card paper. One sheet of card paper costs ₹12. What is the greatest number of sheets of card paper Saanvi can buy?
  13. 13.True or false: “a cash box” is a one-time cost. (a) True (b) False
  14. 14.Which of these is a one-time cost? (a) seeds and soil (b) card paper (c) a folding table (d) ice
  15. 15.True or false: “a folding table” is a one-time cost. (a) False (b) True
  16. 16.Diya has a budget of ₹500. The stock costs ₹140 and the stall fee is ₹370. Is the budget enough? (a) Yes (b) No
  17. 17.📒 One-time cost or running cost: sugar? (a) a one-time cost (b) a running cost
  18. 18.🔍 Which is the odd one out? (a) a cooler box (b) a juicer (c) tea leaves and milk (d) a folding table
  19. 19.Rohan has ₹450 to spend on packs of cups. One pack of cups costs ₹8. What is the greatest number of packs of cups Rohan can buy?
  20. 20.📒 One-time cost or running cost: a cloth banner? (a) a one-time cost (b) a running cost
  21. 21.True or false: “a cooler box” is a running cost. (a) False (b) True
  22. 22.Meera’s stall budget is ₹700. Paper cups cost ₹110, card paper cost ₹250 and a banner cost ₹100. How many rupees of the budget are left?
  23. 23.Meera has ₹160 to spend on packs of cups. One pack of cups costs ₹15. What is the greatest number of packs of cups Meera can buy?
  24. 24.📒 One-time cost or running cost: seeds and soil? (a) a running cost (b) a one-time cost
  25. 25.🔍 Which is the odd one out? (a) seeds and soil (b) sugar (c) paper cups (d) a price board
  26. 26.True or false: “lemons” is a running cost. (a) False (b) True
  27. 27.📒 One-time cost or running cost: ice? (a) a running cost (b) a one-time cost
  28. 28.True or false: “a price board” is a one-time cost. (a) False (b) True
  29. 29.Riya has a budget of ₹600. The stock costs ₹180 and the stall fee is ₹430. Is the budget enough? (a) No (b) Yes
  30. 30.Ishaan has a budget of ₹500. The stock costs ₹90 and the stall fee is ₹400. Is the budget enough? (a) No (b) Yes
  31. 31.Rohan’s stall budget is ₹520. Ribbon cost ₹250, paper cups cost ₹30 and seeds cost ₹30. How many rupees of the budget are left?
  32. 32.True or false: “sugar” is a one-time cost. (a) True (b) False
  33. 33.Vihaan has a budget of ₹600. The stock costs ₹80 and the stall fee is ₹530. Is the budget enough? (a) Yes (b) No
  34. 34.📒 One-time cost or running cost: a price board? (a) a one-time cost (b) a running cost
  35. 35.True or false: “lemons” is a one-time cost. (a) False (b) True
  36. 36.Ananya’s stall budget is ₹740. Paper cups cost ₹180, a price board cost ₹300 and card paper cost ₹150. How many rupees of the budget are left?
  37. 37.Ananya’s stall budget is ₹490. A price board cost ₹90, paper cups cost ₹230 and card paper cost ₹80. How many rupees of the budget are left?
  38. 38.Nisha’s stall budget is ₹720. Lemons cost ₹250, sugar cost ₹60 and napkins cost ₹200. How many rupees of the budget are left?
  39. 39.True or false: “card paper” is a one-time cost. (a) False (b) True
  40. 40.🔍 Which is the odd one out? (a) a cloth banner (b) a folding table (c) a price board (d) paper cups

Answer key

  1. a running cost
  2. 370
  3. lemons
  4. a one-time cost
  5. 110
  6. card paper
  7. 160
  8. 170
  9. True
  10. a cooler box
  11. a folding table
  12. 5
  13. True
  14. a folding table
  15. True
  16. No
  17. a running cost
  18. tea leaves and milk
  19. 56
  20. a one-time cost
  21. False
  22. 240
  23. 10
  24. a running cost
  25. a price board
  26. True
  27. a running cost
  28. True
  29. No
  30. Yes
  31. 210
  32. False
  33. No
  34. a one-time cost
  35. False
  36. 110
  37. 90
  38. 210
  39. False
  40. paper cups

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