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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 95 · 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: card paper? (a) a one-time cost (b) a running cost
  2. 2.Farhan has a budget of ₹400. The stock costs ₹150 and the stall fee is ₹270. Is the budget enough? (a) Yes (b) No
  3. 3.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost
  4. 4.Which of these is a one-time cost? (a) tea leaves and milk (b) card paper (c) seeds and soil (d) a juicer
  5. 5.🔍 Which is the odd one out? (a) sugar (b) lemons (c) a folding table (d) paper cups
  6. 6.Lakshmi’s stall budget is ₹560. Sugar cost ₹150, a price board cost ₹160 and lemons cost ₹20. How many rupees of the budget are left?
  7. 7.Kabir plans to make 23 bags of popcorn. Each needs ₹10 of materials, and a banner costs ₹210 once. What total budget is needed (in ₹)?
  8. 8.True or false: “ice” is a running cost. (a) False (b) True
  9. 9.Which of these is a one-time cost? (a) paper cups (b) a cash box (c) sugar (d) tea leaves and milk
  10. 10.Rohan has a budget of ₹400. The stock costs ₹120 and the stall fee is ₹330. Is the budget enough? (a) Yes (b) No
  11. 11.Meera’s stall budget is ₹420. Card paper cost ₹180, lemons cost ₹130 and a banner cost ₹40. How many rupees of the budget are left?
  12. 12.Arjun plans to make 41 fruit cups. Each needs ₹3 of materials, and a banner costs ₹70 once. What total budget is needed (in ₹)?
  13. 13.Dev has ₹430 to spend on rolls of ribbon. One roll of ribbon costs ₹20. What is the greatest number of rolls of ribbon Dev can buy?
  14. 14.🔍 Which is the odd one out? (a) a cloth banner (b) a price board (c) a folding table (d) ice
  15. 15.Which of these is a running cost? (a) paper cups (b) a folding table (c) a cash box (d) a cloth banner
  16. 16.Lakshmi’s stall budget is ₹730. A price board cost ₹280, a banner cost ₹210 and napkins cost ₹40. How many rupees of the budget are left?
  17. 17.📒 One-time cost or running cost: a cash box? (a) a one-time cost (b) a running cost
  18. 18.Which of these is a one-time cost? (a) paper cups (b) seeds and soil (c) a folding table (d) ice
  19. 19.📒 One-time cost or running cost: ice? (a) a one-time cost (b) a running cost
  20. 20.True or false: “a price board” is a running cost. (a) False (b) True
  21. 21.True or false: “ice” is a one-time cost. (a) True (b) False
  22. 22.Which of these is a one-time cost? (a) sugar (b) lemons (c) a cooler box (d) card paper
  23. 23.🔍 Which is the odd one out? (a) tea leaves and milk (b) paper cups (c) a cooler box (d) lemons
  24. 24.📒 One-time cost or running cost: sugar? (a) a one-time cost (b) a running cost
  25. 25.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  26. 26.True or false: “card paper” is a one-time cost. (a) True (b) False
  27. 27.Diya has a budget of ₹800. The stock costs ₹260 and the stall fee is ₹550. Is the budget enough? (a) Yes (b) No
  28. 28.Nisha plans to make 10 cups of lemonade. Each needs ₹4 of materials, and a banner costs ₹160 once. What total budget is needed (in ₹)?
  29. 29.True or false: “a cloth banner” is a running cost. (a) True (b) False
  30. 30.Tara’s stall budget is ₹890. Pots cost ₹290, ribbon cost ₹290 and sugar cost ₹130. How many rupees of the budget are left?
  31. 31.🔍 Which is the odd one out? (a) a cash box (b) lemons (c) paper cups (d) seeds and soil
  32. 32.Saanvi has ₹210 to spend on packs of cups. One pack of cups costs ₹20. What is the greatest number of packs of cups Saanvi can buy?
  33. 33.Which of these is a one-time cost? (a) sugar (b) a cloth banner (c) lemons (d) ice
  34. 34.Arjun’s stall budget is ₹1100. A banner cost ₹260, lemons cost ₹300 and pots cost ₹280. How many rupees of the budget are left?
  35. 35.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
  36. 36.Ishaan plans to make 39 jute bags. Each needs ₹10 of materials, and a banner costs ₹230 once. What total budget is needed (in ₹)?
  37. 37.True or false: “lemons” is a running cost. (a) True (b) False
  38. 38.🔍 Which is the odd one out? (a) a cooler box (b) a price board (c) a cloth banner (d) seeds and soil
  39. 39.Riya’s stall budget is ₹490. Pots cost ₹170, paper cups cost ₹80 and card paper cost ₹210. How many rupees of the budget are left?
  40. 40.Tara has a budget of ₹400. The stock costs ₹120 and the stall fee is ₹320. Is the budget enough? (a) Yes (b) No

Answer key

  1. a running cost
  2. No
  3. a one-time cost
  4. a juicer
  5. a folding table
  6. 230
  7. 440
  8. True
  9. a cash box
  10. No
  11. 70
  12. 193
  13. 21
  14. ice
  15. paper cups
  16. 200
  17. a one-time cost
  18. a folding table
  19. a running cost
  20. False
  21. False
  22. a cooler box
  23. a cooler box
  24. a running cost
  25. a one-time cost
  26. False
  27. No
  28. 200
  29. False
  30. 180
  31. a cash box
  32. 10
  33. a cloth banner
  34. 260
  35. a running cost
  36. 620
  37. True
  38. seeds and soil
  39. 30
  40. No

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