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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 944 · 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 running cost? (a) sugar (b) a cloth banner (c) a price board (d) a cooler box
  2. 2.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  3. 3.Ishaan plans to make 21 cups of lemonade. Each needs ₹3 of materials, and a banner costs ₹130 once. What total budget is needed (in ₹)?
  4. 4.🔍 Which is the odd one out? (a) card paper (b) a cooler box (c) lemons (d) ice
  5. 5.True or false: “a price board” is a running cost. (a) True (b) False
  6. 6.🔍 Which is the odd one out? (a) paper cups (b) tea leaves and milk (c) a folding table (d) sugar
  7. 7.True or false: “tea leaves and milk” is a running cost. (a) True (b) False
  8. 8.True or false: “a cooler box” is a running cost. (a) True (b) False
  9. 9.True or false: “card paper” is a one-time cost. (a) True (b) False
  10. 10.📒 One-time cost or running cost: sugar? (a) a one-time cost (b) a running cost
  11. 11.Which of these is a one-time cost? (a) seeds and soil (b) a cash box (c) ice (d) sugar
  12. 12.Which of these is a one-time cost? (a) paper cups (b) sugar (c) a juicer (d) seeds and soil
  13. 13.Saanvi has a budget of ₹300. The stock costs ₹50 and the stall fee is ₹220. Is the budget enough? (a) Yes (b) No
  14. 14.📒 One-time cost or running cost: a cash box? (a) a one-time cost (b) a running cost
  15. 15.Zoya has a budget of ₹900. The stock costs ₹430 and the stall fee is ₹450. Is the budget enough? (a) No (b) Yes
  16. 16.Arjun’s stall budget is ₹420. Seeds cost ₹140, ribbon cost ₹40 and lemons cost ₹160. How many rupees of the budget are left?
  17. 17.Which of these is a running cost? (a) a juicer (b) a price board (c) a cooler box (d) paper cups
  18. 18.Ananya’s stall budget is ₹560. Ribbon cost ₹280, card paper cost ₹200 and napkins cost ₹60. How many rupees of the budget are left?
  19. 19.🔍 Which is the odd one out? (a) seeds and soil (b) sugar (c) a cloth banner (d) ice
  20. 20.Vihaan has a budget of ₹1000. The stock costs ₹110 and the stall fee is ₹890. Is the budget enough? (a) No (b) Yes
  21. 21.Ishaan plans to make 27 cups of lemonade. Each needs ₹5 of materials, and a banner costs ₹110 once. What total budget is needed (in ₹)?
  22. 22.True or false: “paper cups” is a one-time cost. (a) True (b) False
  23. 23.Which of these is a one-time cost? (a) paper cups (b) card paper (c) seeds and soil (d) a cooler box
  24. 24.True or false: “a juicer” is a one-time cost. (a) True (b) False
  25. 25.Which of these is a one-time cost? (a) lemons (b) tea leaves and milk (c) a folding table (d) card paper
  26. 26.🔍 Which is the odd one out? (a) card paper (b) a price board (c) tea leaves and milk (d) paper cups
  27. 27.Lakshmi’s stall budget is ₹800. Sugar cost ₹240, a banner cost ₹270 and card paper cost ₹170. How many rupees of the budget are left?
  28. 28.🔍 Which is the odd one out? (a) a folding table (b) a juicer (c) card paper (d) a cooler box
  29. 29.📒 One-time cost or running cost: card paper? (a) a running cost (b) a one-time cost
  30. 30.📒 One-time cost or running cost: a price board? (a) a one-time cost (b) a running cost
  31. 31.📒 One-time cost or running cost: a cloth banner? (a) a one-time cost (b) a running cost
  32. 32.Saanvi has a budget of ₹1000. The stock costs ₹490 and the stall fee is ₹540. Is the budget enough? (a) Yes (b) No
  33. 33.Gurpreet has ₹470 to spend on rolls of ribbon. One roll of ribbon costs ₹4. What is the greatest number of rolls of ribbon Gurpreet can buy?
  34. 34.True or false: “a cloth banner” is a running cost. (a) True (b) False
  35. 35.Which of these is a running cost? (a) a cash box (b) a cooler box (c) ice (d) a cloth banner
  36. 36.Which of these is a one-time cost? (a) sugar (b) lemons (c) tea leaves and milk (d) a price board
  37. 37.Kavya has a budget of ₹300. The stock costs ₹120 and the stall fee is ₹190. Is the budget enough? (a) Yes (b) No
  38. 38.True or false: “lemons” is a one-time cost. (a) False (b) True
  39. 39.🔍 Which is the odd one out? (a) ice (b) a folding table (c) a cooler box (d) a cloth banner
  40. 40.Ananya has ₹500 to spend on packets of seeds. One packet of seeds costs ₹6. What is the greatest number of packets of seeds Ananya can buy?

Answer key

  1. sugar
  2. a one-time cost
  3. 193
  4. a cooler box
  5. False
  6. a folding table
  7. True
  8. False
  9. False
  10. a running cost
  11. a cash box
  12. a juicer
  13. Yes
  14. a one-time cost
  15. Yes
  16. 80
  17. paper cups
  18. 20
  19. a cloth banner
  20. Yes
  21. 245
  22. False
  23. a cooler box
  24. True
  25. a folding table
  26. a price board
  27. 120
  28. card paper
  29. a running cost
  30. a one-time cost
  31. a one-time cost
  32. No
  33. 117
  34. False
  35. ice
  36. a price board
  37. No
  38. False
  39. ice
  40. 83

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