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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 910 · 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.

NameDateTime takenScore ___ / 40
  1. 1.Which of these is a one-time cost? (a) card paper (b) a cooler box (c) paper cups (d) ice
  2. 2.Riya 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 Riya can buy?
  3. 3.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
  4. 4.Which of these is a one-time cost? (a) paper cups (b) tea leaves and milk (c) sugar (d) a cash box
  5. 5.True or false: “ice” is a one-time cost. (a) True (b) False
  6. 6.🔍 Which is the odd one out? (a) paper cups (b) a cloth banner (c) a price board (d) a folding table
  7. 7.🔍 Which is the odd one out? (a) a juicer (b) a cooler box (c) a folding table (d) ice
  8. 8.🔍 Which is the odd one out? (a) sugar (b) a cash box (c) a folding table (d) a price board
  9. 9.📒 One-time cost or running cost: tea leaves and milk? (a) a running cost (b) a one-time cost
  10. 10.📒 One-time cost or running cost: a price board? (a) a one-time cost (b) a running cost
  11. 11.Diya has ₹210 to spend on packs of cups. One pack of cups costs ₹10. What is the greatest number of packs of cups Diya can buy?
  12. 12.Which of these is a one-time cost? (a) seeds and soil (b) sugar (c) a juicer (d) paper cups
  13. 13.Farhan plans to make 30 bags of popcorn. Each needs ₹4 of materials, and a banner costs ₹270 once. What total budget is needed (in ₹)?
  14. 14.🔍 Which is the odd one out? (a) lemons (b) tea leaves and milk (c) sugar (d) a cloth banner
  15. 15.True or false: “a cooler box” is a running cost. (a) False (b) True
  16. 16.Which of these is a running cost? (a) a cooler box (b) a cloth banner (c) seeds and soil (d) a cash box
  17. 17.Gurpreet’s stall budget is ₹550. Paper cups cost ₹140, a price board cost ₹170 and sugar cost ₹130. How many rupees of the budget are left?
  18. 18.Which of these is a running cost? (a) ice (b) a juicer (c) a folding table (d) a price board
  19. 19.🔍 Which is the odd one out? (a) a cloth banner (b) a juicer (c) tea leaves and milk (d) a price board
  20. 20.True or false: “a folding table” is a one-time cost. (a) True (b) False
  21. 21.Rohan plans to make 23 cups of lemonade. Each needs ₹7 of materials, and a banner costs ₹250 once. What total budget is needed (in ₹)?
  22. 22.Diya has a budget of ₹1000. The stock costs ₹320 and the stall fee is ₹730. Is the budget enough? (a) No (b) Yes
  23. 23.Which of these is a one-time cost? (a) lemons (b) card paper (c) paper cups (d) a folding table
  24. 24.🔍 Which is the odd one out? (a) a juicer (b) a cash box (c) card paper (d) a price board
  25. 25.Kabir’s stall budget is ₹330. Paper cups cost ₹180, card paper cost ₹40 and sugar cost ₹40. How many rupees of the budget are left?
  26. 26.True or false: “tea leaves and milk” is a one-time cost. (a) False (b) True
  27. 27.True or false: “seeds and soil” is a one-time cost. (a) False (b) True
  28. 28.Meera has ₹110 to spend on sheets of card paper. One sheet of card paper costs ₹8. What is the greatest number of sheets of card paper Meera can buy?
  29. 29.True or false: “a cloth banner” is a one-time cost. (a) True (b) False
  30. 30.True or false: “a price board” is a running cost. (a) False (b) True
  31. 31.Ishaan has a budget of ₹600. The stock costs ₹70 and the stall fee is ₹480. Is the budget enough? (a) No (b) Yes
  32. 32.Nisha’s stall budget is ₹920. Card paper cost ₹190, a banner cost ₹230 and seeds cost ₹290. How many rupees of the budget are left?
  33. 33.True or false: “a folding table” is a running cost. (a) False (b) True
  34. 34.Ishaan has a budget of ₹600. The stock costs ₹230 and the stall fee is ₹370. Is the budget enough? (a) No (b) Yes
  35. 35.Tara has a budget of ₹700. The stock costs ₹120 and the stall fee is ₹630. Is the budget enough? (a) No (b) Yes
  36. 36.Kabir has a budget of ₹300. The stock costs ₹50 and the stall fee is ₹290. Is the budget enough? (a) No (b) Yes
  37. 37.📒 One-time cost or running cost: card paper? (a) a one-time cost (b) a running cost
  38. 38.Arjun’s stall budget is ₹550. Paper cups cost ₹250, pots cost ₹220 and seeds cost ₹70. How many rupees of the budget are left?
  39. 39.Ishaan has ₹50 to spend on lemons. One lemon costs ₹10. What is the greatest number of lemons Ishaan can buy?
  40. 40.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost

Answer key

  1. a cooler box
  2. 5
  3. a one-time cost
  4. a cash box
  5. False
  6. paper cups
  7. ice
  8. sugar
  9. a running cost
  10. a one-time cost
  11. 21
  12. a juicer
  13. 390
  14. a cloth banner
  15. False
  16. seeds and soil
  17. 110
  18. ice
  19. tea leaves and milk
  20. True
  21. 411
  22. No
  23. a folding table
  24. card paper
  25. 70
  26. False
  27. False
  28. 13
  29. True
  30. False
  31. Yes
  32. 210
  33. False
  34. Yes
  35. No
  36. No
  37. a running cost
  38. 10
  39. 5
  40. a one-time cost

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