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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 922 · 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) tea leaves and milk (b) paper cups (c) card paper (d) a folding table
  2. 2.📒 One-time cost or running cost: card paper? (a) a running cost (b) a one-time cost
  3. 3.True or false: “a folding table” is a running cost. (a) True (b) False
  4. 4.True or false: “lemons” is a running cost. (a) False (b) True
  5. 5.Lakshmi plans to make 15 cups of lemonade. Each needs ₹8 of materials, and a banner costs ₹130 once. What total budget is needed (in ₹)?
  6. 6.True or false: “seeds and soil” is a running cost. (a) False (b) True
  7. 7.Vihaan has ₹340 to spend on lemons. One lemon costs ₹5. What is the greatest number of lemons Vihaan can buy?
  8. 8.Which of these is a running cost? (a) card paper (b) a cloth banner (c) a cooler box (d) a folding table
  9. 9.🔍 Which is the odd one out? (a) seeds and soil (b) a juicer (c) a cash box (d) a cooler box
  10. 10.🔍 Which is the odd one out? (a) ice (b) tea leaves and milk (c) a cash box (d) sugar
  11. 11.True or false: “a folding table” is a one-time cost. (a) False (b) True
  12. 12.Which of these is a running cost? (a) a price board (b) paper cups (c) a cash box (d) a folding table
  13. 13.Which of these is a running cost? (a) a folding table (b) ice (c) a juicer (d) a price board
  14. 14.Lakshmi plans to make 18 paper bookmarks. Each needs ₹9 of materials, and a banner costs ₹210 once. What total budget is needed (in ₹)?
  15. 15.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  16. 16.Tara has ₹360 to spend on rolls of ribbon. One roll of ribbon costs ₹5. What is the greatest number of rolls of ribbon Tara can buy?
  17. 17.Zoya’s stall budget is ₹820. Napkins cost ₹180, a banner cost ₹290 and card paper cost ₹220. How many rupees of the budget are left?
  18. 18.Kavya’s stall budget is ₹510. A price board cost ₹20, seeds cost ₹250 and a banner cost ₹140. How many rupees of the budget are left?
  19. 19.True or false: “sugar” is a one-time cost. (a) True (b) False
  20. 20.Meera has ₹410 to spend on packets of seeds. One packet of seeds costs ₹5. What is the greatest number of packets of seeds Meera can buy?
  21. 21.Rohan has a budget of ₹700. The stock costs ₹70 and the stall fee is ₹600. Is the budget enough? (a) No (b) Yes
  22. 22.True or false: “ice” is a one-time cost. (a) True (b) False
  23. 23.Which of these is a one-time cost? (a) a cloth banner (b) seeds and soil (c) card paper (d) ice
  24. 24.🔍 Which is the odd one out? (a) ice (b) a folding table (c) a price board (d) a cloth banner
  25. 25.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
  26. 26.True or false: “paper cups” is a running cost. (a) True (b) False
  27. 27.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  28. 28.📒 One-time cost or running cost: a cash box? (a) a one-time cost (b) a running cost
  29. 29.Ananya’s stall budget is ₹740. Seeds cost ₹140, paper cups cost ₹260 and napkins cost ₹260. How many rupees of the budget are left?
  30. 30.Rohan has a budget of ₹800. The stock costs ₹300 and the stall fee is ₹470. Is the budget enough? (a) No (b) Yes
  31. 31.🔍 Which is the odd one out? (a) tea leaves and milk (b) a cooler box (c) seeds and soil (d) sugar
  32. 32.Diya has ₹470 to spend on packets of seeds. One packet of seeds costs ₹12. What is the greatest number of packets of seeds Diya can buy?
  33. 33.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost
  34. 34.Ananya’s stall budget is ₹690. Napkins cost ₹60, card paper cost ₹290 and pots cost ₹140. How many rupees of the budget are left?
  35. 35.True or false: “a juicer” is a running cost. (a) True (b) False
  36. 36.True or false: “a cloth banner” is a one-time cost. (a) True (b) False
  37. 37.📒 One-time cost or running cost: seeds and soil? (a) a one-time cost (b) a running cost
  38. 38.Nisha has ₹220 to spend on packs of cups. One pack of cups costs ₹15. What is the greatest number of packs of cups Nisha can buy?
  39. 39.🔍 Which is the odd one out? (a) a folding table (b) ice (c) tea leaves and milk (d) seeds and soil
  40. 40.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost

Answer key

  1. a folding table
  2. a running cost
  3. False
  4. True
  5. 250
  6. True
  7. 68
  8. card paper
  9. seeds and soil
  10. a cash box
  11. True
  12. paper cups
  13. ice
  14. 372
  15. a one-time cost
  16. 72
  17. 130
  18. 100
  19. False
  20. 82
  21. Yes
  22. False
  23. a cloth banner
  24. ice
  25. a running cost
  26. True
  27. a one-time cost
  28. a one-time cost
  29. 80
  30. Yes
  31. a cooler box
  32. 39
  33. a one-time cost
  34. 200
  35. False
  36. True
  37. a running cost
  38. 14
  39. a folding table
  40. a one-time cost

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