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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 943 · 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 is the odd one out? (a) tea leaves and milk (b) card paper (c) a folding table (d) seeds and soil
  2. 2.📒 One-time cost or running cost: a cash box? (a) a one-time cost (b) a running cost
  3. 3.Which of these is a one-time cost? (a) paper cups (b) a cash box (c) lemons (d) sugar
  4. 4.📒 One-time cost or running cost: a cooler box? (a) a one-time cost (b) a running cost
  5. 5.Rohan plans to make 33 paper bookmarks. Each needs ₹5 of materials, and a banner costs ₹210 once. What total budget is needed (in ₹)?
  6. 6.Which of these is a one-time cost? (a) lemons (b) ice (c) sugar (d) a cooler box
  7. 7.🔍 Which is the odd one out? (a) a price board (b) ice (c) seeds and soil (d) sugar
  8. 8.Gurpreet has a budget of ₹300. The stock costs ₹70 and the stall fee is ₹190. Is the budget enough? (a) No (b) Yes
  9. 9.True or false: “a folding table” is a running cost. (a) False (b) True
  10. 10.True or false: “seeds and soil” is a one-time cost. (a) True (b) False
  11. 11.📒 One-time cost or running cost: seeds and soil? (a) a one-time cost (b) a running cost
  12. 12.Ananya plans to make 32 glasses of chai. Each needs ₹4 of materials, and a banner costs ₹290 once. What total budget is needed (in ₹)?
  13. 13.Ananya has ₹140 to spend on packets of seeds. One packet of seeds costs ₹6. What is the greatest number of packets of seeds Ananya can buy?
  14. 14.True or false: “lemons” is a one-time cost. (a) False (b) True
  15. 15.Joseph has a budget of ₹300. The stock costs ₹150 and the stall fee is ₹100. Is the budget enough? (a) No (b) Yes
  16. 16.True or false: “sugar” is a running cost. (a) False (b) True
  17. 17.Tara has a budget of ₹900. The stock costs ₹300 and the stall fee is ₹640. Is the budget enough? (a) No (b) Yes
  18. 18.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
  19. 19.Tara has a budget of ₹300. The stock costs ₹140 and the stall fee is ₹160. Is the budget enough? (a) Yes (b) No
  20. 20.Diya has ₹170 to spend on packs of cups. One pack of cups costs ₹4. What is the greatest number of packs of cups Diya can buy?
  21. 21.True or false: “card paper” is a running cost. (a) True (b) False
  22. 22.Meera has ₹90 to spend on sheets of card paper. One sheet of card paper costs ₹12. What is the greatest number of sheets of card paper Meera can buy?
  23. 23.📒 One-time cost or running cost: a price board? (a) a one-time cost (b) a running cost
  24. 24.🔍 Which is the odd one out? (a) tea leaves and milk (b) ice (c) sugar (d) a juicer
  25. 25.Zoya has a budget of ₹900. The stock costs ₹120 and the stall fee is ₹780. Is the budget enough? (a) Yes (b) No
  26. 26.True or false: “tea leaves and milk” is a one-time cost. (a) True (b) False
  27. 27.True or false: “a juicer” is a running cost. (a) False (b) True
  28. 28.Which of these is a running cost? (a) sugar (b) a cash box (c) a folding table (d) a juicer
  29. 29.Meera’s stall budget is ₹690. Ribbon cost ₹130, lemons cost ₹160 and sugar cost ₹240. How many rupees of the budget are left?
  30. 30.Vihaan has a budget of ₹900. The stock costs ₹320 and the stall fee is ₹570. Is the budget enough? (a) Yes (b) No
  31. 31.Lakshmi plans to make 43 paper bookmarks. Each needs ₹4 of materials, and a banner costs ₹80 once. What total budget is needed (in ₹)?
  32. 32.Farhan plans to make 37 glasses of chai. Each needs ₹8 of materials, and a banner costs ₹290 once. What total budget is needed (in ₹)?
  33. 33.🔍 Which is the odd one out? (a) seeds and soil (b) a cash box (c) card paper (d) sugar
  34. 34.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
  35. 35.Aarav has ₹240 to spend on packs of cups. One pack of cups costs ₹10. What is the greatest number of packs of cups Aarav can buy?
  36. 36.Which of these is a running cost? (a) a cooler box (b) a folding table (c) paper cups (d) a cloth banner
  37. 37.🔍 Which is the odd one out? (a) a price board (b) a cooler box (c) a juicer (d) sugar
  38. 38.Meera’s stall budget is ₹530. Pots cost ₹120, paper cups cost ₹70 and card paper cost ₹90. How many rupees of the budget are left?
  39. 39.🔍 Which is the odd one out? (a) a folding table (b) card paper (c) a cash box (d) a cooler box
  40. 40.Which of these is a running cost? (a) tea leaves and milk (b) a price board (c) a cloth banner (d) a cash box

Answer key

  1. a folding table
  2. a one-time cost
  3. a cash box
  4. a one-time cost
  5. 375
  6. a cooler box
  7. a price board
  8. Yes
  9. False
  10. False
  11. a running cost
  12. 418
  13. 23
  14. False
  15. Yes
  16. True
  17. No
  18. a one-time cost
  19. Yes
  20. 42
  21. True
  22. 7
  23. a one-time cost
  24. a juicer
  25. Yes
  26. False
  27. False
  28. sugar
  29. 160
  30. Yes
  31. 252
  32. 586
  33. a cash box
  34. a one-time cost
  35. 24
  36. paper cups
  37. sugar
  38. 250
  39. card paper
  40. tea leaves and milk

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