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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 933 · 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 one-time cost? (a) lemons (b) a juicer (c) paper cups (d) tea leaves and milk
  2. 2.🔍 Which is the odd one out? (a) paper cups (b) card paper (c) tea leaves and milk (d) a folding table
  3. 3.True or false: “a price board” is a one-time cost. (a) False (b) True
  4. 4.Saanvi has a budget of ₹400. The stock costs ₹110 and the stall fee is ₹280. Is the budget enough? (a) No (b) Yes
  5. 5.Which of these is a one-time cost? (a) paper cups (b) ice (c) a cloth banner (d) seeds and soil
  6. 6.True or false: “a folding table” is a one-time cost. (a) True (b) False
  7. 7.Which of these is a one-time cost? (a) sugar (b) paper cups (c) tea leaves and milk (d) a folding table
  8. 8.Which of these is a running cost? (a) a cash box (b) a juicer (c) a folding table (d) sugar
  9. 9.True or false: “ice” is a one-time cost. (a) False (b) True
  10. 10.True or false: “a folding table” is a running cost. (a) False (b) True
  11. 11.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
  12. 12.Which of these is a running cost? (a) a cooler box (b) a folding table (c) paper cups (d) a cloth banner
  13. 13.Kabir’s stall budget is ₹820. A price board cost ₹280, lemons cost ₹240 and card paper cost ₹20. How many rupees of the budget are left?
  14. 14.Farhan has ₹90 to spend on rolls of ribbon. One roll of ribbon costs ₹10. What is the greatest number of rolls of ribbon Farhan can buy?
  15. 15.Which of these is a running cost? (a) a folding table (b) a cooler box (c) lemons (d) a juicer
  16. 16.🔍 Which is the odd one out? (a) paper cups (b) card paper (c) a cash box (d) seeds and soil
  17. 17.🔍 Which is the odd one out? (a) tea leaves and milk (b) a juicer (c) a cloth banner (d) a price board
  18. 18.Meera’s stall budget is ₹580. Ribbon cost ₹80, pots cost ₹270 and a banner cost ₹180. How many rupees of the budget are left?
  19. 19.Vihaan has ₹160 to spend on rolls of ribbon. One roll of ribbon costs ₹10. What is the greatest number of rolls of ribbon Vihaan can buy?
  20. 20.True or false: “sugar” is a running cost. (a) True (b) False
  21. 21.Kabir’s stall budget is ₹790. Seeds cost ₹140, lemons cost ₹130 and sugar cost ₹280. How many rupees of the budget are left?
  22. 22.Vihaan has ₹280 to spend on sheets of card paper. One sheet of card paper costs ₹8. What is the greatest number of sheets of card paper Vihaan can buy?
  23. 23.Which of these is a running cost? (a) a folding table (b) a cash box (c) seeds and soil (d) a cooler box
  24. 24.📒 One-time cost or running cost: sugar? (a) a one-time cost (b) a running cost
  25. 25.Lakshmi plans to make 13 fruit cups. Each needs ₹4 of materials, and a banner costs ₹60 once. What total budget is needed (in ₹)?
  26. 26.Ananya has ₹390 to spend on rolls of ribbon. One roll of ribbon costs ₹20. What is the greatest number of rolls of ribbon Ananya can buy?
  27. 27.Which of these is a running cost? (a) a price board (b) a cloth banner (c) tea leaves and milk (d) a folding table
  28. 28.🔍 Which is the odd one out? (a) a price board (b) seeds and soil (c) a folding table (d) a juicer
  29. 29.True or false: “a cloth banner” is a one-time cost. (a) True (b) False
  30. 30.Tara has ₹200 to spend on packs of cups. One pack of cups costs ₹12. What is the greatest number of packs of cups Tara can buy?
  31. 31.🔍 Which is the odd one out? (a) a cash box (b) a cooler box (c) a folding table (d) lemons
  32. 32.Which of these is a running cost? (a) a cloth banner (b) a folding table (c) a price board (d) card paper
  33. 33.Meera plans to make 24 glasses of chai. Each needs ₹6 of materials, and a banner costs ₹200 once. What total budget is needed (in ₹)?
  34. 34.Nisha has a budget of ₹300. The stock costs ₹110 and the stall fee is ₹170. Is the budget enough? (a) No (b) Yes
  35. 35.Which of these is a one-time cost? (a) a cash box (b) ice (c) sugar (d) lemons
  36. 36.True or false: “a cloth banner” is a running cost. (a) True (b) False
  37. 37.Diya plans to make 15 jute bags. Each needs ₹2 of materials, and a banner costs ₹70 once. What total budget is needed (in ₹)?
  38. 38.Ishaan has a budget of ₹300. The stock costs ₹130 and the stall fee is ₹180. Is the budget enough? (a) No (b) Yes
  39. 39.Zoya has a budget of ₹800. The stock costs ₹380 and the stall fee is ₹420. Is the budget enough? (a) Yes (b) No
  40. 40.📒 One-time cost or running cost: ice? (a) a running cost (b) a one-time cost

Answer key

  1. a juicer
  2. a folding table
  3. True
  4. Yes
  5. a cloth banner
  6. True
  7. a folding table
  8. sugar
  9. False
  10. False
  11. a one-time cost
  12. paper cups
  13. 280
  14. 9
  15. lemons
  16. a cash box
  17. tea leaves and milk
  18. 50
  19. 16
  20. True
  21. 240
  22. 35
  23. seeds and soil
  24. a running cost
  25. 112
  26. 19
  27. tea leaves and milk
  28. seeds and soil
  29. True
  30. 16
  31. lemons
  32. card paper
  33. 344
  34. Yes
  35. a cash box
  36. False
  37. 100
  38. No
  39. Yes
  40. a running cost

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