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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 958 · 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.True or false: “a cloth banner” is a one-time cost. (a) False (b) True
  2. 2.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  3. 3.True or false: “tea leaves and milk” is a running cost. (a) False (b) True
  4. 4.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
  5. 5.True or false: “seeds and soil” is a one-time cost. (a) False (b) True
  6. 6.Joseph’s stall budget is ₹780. Lemons cost ₹300, seeds cost ₹20 and a banner cost ₹190. How many rupees of the budget are left?
  7. 7.True or false: “ice” is a one-time cost. (a) True (b) False
  8. 8.Dev’s stall budget is ₹530. Pots cost ₹60, seeds cost ₹260 and paper cups cost ₹70. How many rupees of the budget are left?
  9. 9.Which of these is a one-time cost? (a) a cooler box (b) card paper (c) sugar (d) ice
  10. 10.📒 One-time cost or running cost: paper cups? (a) a one-time cost (b) a running cost
  11. 11.Kabir’s stall budget is ₹410. A banner cost ₹150, seeds cost ₹150 and paper cups cost ₹80. How many rupees of the budget are left?
  12. 12.Vihaan has a budget of ₹900. The stock costs ₹280 and the stall fee is ₹630. Is the budget enough? (a) Yes (b) No
  13. 13.🔍 Which is the odd one out? (a) sugar (b) paper cups (c) a cooler box (d) ice
  14. 14.True or false: “sugar” is a running cost. (a) False (b) True
  15. 15.🔍 Which is the odd one out? (a) a juicer (b) card paper (c) lemons (d) ice
  16. 16.True or false: “tea leaves and milk” is a one-time cost. (a) True (b) False
  17. 17.Kabir’s stall budget is ₹860. Seeds cost ₹140, paper cups cost ₹180 and pots cost ₹290. How many rupees of the budget are left?
  18. 18.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  19. 19.Ishaan’s stall budget is ₹770. Card paper cost ₹210, seeds cost ₹240 and a price board cost ₹50. How many rupees of the budget are left?
  20. 20.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  21. 21.Gurpreet has a budget of ₹800. The stock costs ₹370 and the stall fee is ₹380. Is the budget enough? (a) Yes (b) No
  22. 22.Which of these is a one-time cost? (a) a juicer (b) tea leaves and milk (c) paper cups (d) lemons
  23. 23.True or false: “a price board” is a running cost. (a) True (b) False
  24. 24.Aarav’s stall budget is ₹600. Pots cost ₹180, a price board cost ₹130 and lemons cost ₹220. How many rupees of the budget are left?
  25. 25.True or false: “lemons” is a one-time cost. (a) True (b) False
  26. 26.Which of these is a running cost? (a) a folding table (b) card paper (c) a cloth banner (d) a price board
  27. 27.Aarav plans to make 24 glasses of chai. Each needs ₹5 of materials, and a banner costs ₹130 once. What total budget is needed (in ₹)?
  28. 28.Meera has ₹50 to spend on rolls of ribbon. One roll of ribbon costs ₹8. What is the greatest number of rolls of ribbon Meera can buy?
  29. 29.Which of these is a one-time cost? (a) paper cups (b) a cash box (c) sugar (d) ice
  30. 30.True or false: “paper cups” is a one-time cost. (a) True (b) False
  31. 31.🔍 Which is the odd one out? (a) tea leaves and milk (b) card paper (c) a cash box (d) lemons
  32. 32.Aarav has ₹330 to spend on lemons. One lemon costs ₹8. What is the greatest number of lemons Aarav can buy?
  33. 33.Which of these is a one-time cost? (a) tea leaves and milk (b) lemons (c) seeds and soil (d) a price board
  34. 34.Which of these is a one-time cost? (a) card paper (b) a folding table (c) tea leaves and milk (d) sugar
  35. 35.Ananya plans to make 28 painted pebbles. Each needs ₹3 of materials, and a banner costs ₹180 once. What total budget is needed (in ₹)?
  36. 36.True or false: “sugar” is a one-time cost. (a) False (b) True
  37. 37.Ishaan has ₹100 to spend on lemons. One lemon costs ₹20. What is the greatest number of lemons Ishaan can buy?
  38. 38.Meera’s stall budget is ₹610. Pots cost ₹30, sugar cost ₹80 and card paper cost ₹210. How many rupees of the budget are left?
  39. 39.Farhan’s stall budget is ₹870. Sugar cost ₹300, lemons cost ₹300 and paper cups cost ₹40. How many rupees of the budget are left?
  40. 40.📒 One-time cost or running cost: a cooler box? (a) a one-time cost (b) a running cost

Answer key

  1. True
  2. a one-time cost
  3. True
  4. a running cost
  5. False
  6. 270
  7. False
  8. 140
  9. a cooler box
  10. a running cost
  11. 30
  12. No
  13. a cooler box
  14. True
  15. a juicer
  16. False
  17. 250
  18. a one-time cost
  19. 270
  20. a one-time cost
  21. Yes
  22. a juicer
  23. False
  24. 70
  25. False
  26. card paper
  27. 250
  28. 6
  29. a cash box
  30. False
  31. a cash box
  32. 41
  33. a price board
  34. a folding table
  35. 264
  36. False
  37. 5
  38. 290
  39. 230
  40. a one-time cost

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