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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 918 · 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: seeds and soil? (a) a running cost (b) a one-time cost
  2. 2.📒 One-time cost or running cost: a cash box? (a) a one-time cost (b) a running cost
  3. 3.📒 One-time cost or running cost: paper cups? (a) a one-time cost (b) a running cost
  4. 4.Which of these is a one-time cost? (a) a cloth banner (b) paper cups (c) seeds and soil (d) sugar
  5. 5.Joseph’s stall budget is ₹620. Paper cups cost ₹130, a price board cost ₹150 and napkins cost ₹140. How many rupees of the budget are left?
  6. 6.Saanvi has a budget of ₹900. The stock costs ₹100 and the stall fee is ₹840. Is the budget enough? (a) Yes (b) No
  7. 7.🔍 Which is the odd one out? (a) tea leaves and milk (b) a cash box (c) a cloth banner (d) a folding table
  8. 8.Ananya has a budget of ₹400. The stock costs ₹190 and the stall fee is ₹220. Is the budget enough? (a) No (b) Yes
  9. 9.Aarav 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 Aarav can buy?
  10. 10.Which of these is a one-time cost? (a) a folding table (b) ice (c) seeds and soil (d) tea leaves and milk
  11. 11.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost
  12. 12.📒 One-time cost or running cost: lemons? (a) a one-time cost (b) a running cost
  13. 13.Which of these is a one-time cost? (a) tea leaves and milk (b) a cash box (c) lemons (d) paper cups
  14. 14.Which of these is a one-time cost? (a) paper cups (b) lemons (c) a cooler box (d) card paper
  15. 15.🔍 Which is the odd one out? (a) a folding table (b) lemons (c) a cooler box (d) a juicer
  16. 16.True or false: “a cooler box” is a one-time cost. (a) True (b) False
  17. 17.Ananya plans to make 16 handmade cards. Each needs ₹6 of materials, and a banner costs ₹210 once. What total budget is needed (in ₹)?
  18. 18.Which of these is a one-time cost? (a) lemons (b) a juicer (c) seeds and soil (d) card paper
  19. 19.True or false: “seeds and soil” is a one-time cost. (a) True (b) False
  20. 20.📒 One-time cost or running cost: sugar? (a) a running cost (b) a one-time cost
  21. 21.Ananya has ₹120 to spend on packets of seeds. One packet of seeds costs ₹12. What is the greatest number of packets of seeds Ananya can buy?
  22. 22.🔍 Which is the odd one out? (a) paper cups (b) tea leaves and milk (c) sugar (d) a cloth banner
  23. 23.Ananya has a budget of ₹900. The stock costs ₹170 and the stall fee is ₹760. Is the budget enough? (a) No (b) Yes
  24. 24.Tara has ₹450 to spend on lemons. One lemon costs ₹8. What is the greatest number of lemons Tara can buy?
  25. 25.Which of these is a one-time cost? (a) lemons (b) seeds and soil (c) paper cups (d) a price board
  26. 26.Vihaan has ₹110 to spend on rolls of ribbon. One roll of ribbon costs ₹5. What is the greatest number of rolls of ribbon Vihaan can buy?
  27. 27.True or false: “sugar” is a running cost. (a) False (b) True
  28. 28.Diya has a budget of ₹300. The stock costs ₹70 and the stall fee is ₹270. Is the budget enough? (a) No (b) Yes
  29. 29.🔍 Which is the odd one out? (a) a price board (b) paper cups (c) a cash box (d) a cloth banner
  30. 30.🔍 Which is the odd one out? (a) a cash box (b) a juicer (c) card paper (d) a cloth banner
  31. 31.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost
  32. 32.🔍 Which is the odd one out? (a) seeds and soil (b) card paper (c) sugar (d) a cooler box
  33. 33.Zoya’s stall budget is ₹310. Ribbon cost ₹30, card paper cost ₹160 and pots cost ₹20. How many rupees of the budget are left?
  34. 34.Diya plans to make 37 handmade cards. Each needs ₹5 of materials, and a banner costs ₹80 once. What total budget is needed (in ₹)?
  35. 35.True or false: “a folding table” is a one-time cost. (a) True (b) False
  36. 36.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost
  37. 37.Dev plans to make 15 clay diyas. Each needs ₹4 of materials, and a banner costs ₹290 once. What total budget is needed (in ₹)?
  38. 38.📒 One-time cost or running cost: ice? (a) a running cost (b) a one-time cost
  39. 39.🔍 Which is the odd one out? (a) ice (b) lemons (c) a folding table (d) card paper
  40. 40.Arjun has ₹440 to spend on sheets of card paper. One sheet of card paper costs ₹15. What is the greatest number of sheets of card paper Arjun can buy?

Answer key

  1. a running cost
  2. a one-time cost
  3. a running cost
  4. a cloth banner
  5. 200
  6. No
  7. tea leaves and milk
  8. No
  9. 13
  10. a folding table
  11. a one-time cost
  12. a running cost
  13. a cash box
  14. a cooler box
  15. lemons
  16. True
  17. 306
  18. a juicer
  19. False
  20. a running cost
  21. 10
  22. a cloth banner
  23. No
  24. 56
  25. a price board
  26. 22
  27. True
  28. No
  29. paper cups
  30. card paper
  31. a one-time cost
  32. a cooler box
  33. 100
  34. 265
  35. True
  36. a one-time cost
  37. 350
  38. a running cost
  39. a folding table
  40. 29

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