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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 104 · 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) card paper (c) a folding table (d) seeds and soil
  2. 2.🔍 Which is the odd one out? (a) paper cups (b) a juicer (c) a cooler box (d) a cash box
  3. 3.Dev plans to make 23 fruit cups. Each needs ₹7 of materials, and a banner costs ₹210 once. What total budget is needed (in ₹)?
  4. 4.🔍 Which is the odd one out? (a) a cash box (b) tea leaves and milk (c) a cloth banner (d) a price board
  5. 5.Farhan’s stall budget is ₹450. Seeds cost ₹160, a banner cost ₹210 and pots cost ₹50. How many rupees of the budget are left?
  6. 6.True or false: “lemons” is a one-time cost. (a) True (b) False
  7. 7.🔍 Which is the odd one out? (a) sugar (b) card paper (c) lemons (d) a juicer
  8. 8.Which of these is a running cost? (a) tea leaves and milk (b) a folding table (c) a cloth banner (d) a cooler box
  9. 9.True or false: “a cash box” is a one-time cost. (a) True (b) False
  10. 10.Which of these is a running cost? (a) a cooler box (b) sugar (c) a cloth banner (d) a folding table
  11. 11.True or false: “lemons” is a running cost. (a) False (b) True
  12. 12.🔍 Which is the odd one out? (a) a cloth banner (b) a juicer (c) ice (d) a cash box
  13. 13.Aarav has ₹150 to spend on lemons. One lemon costs ₹15. What is the greatest number of lemons Aarav can buy?
  14. 14.Which of these is a running cost? (a) a folding table (b) card paper (c) a price board (d) a juicer
  15. 15.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost
  16. 16.Ananya has ₹90 to spend on lemons. One lemon costs ₹6. What is the greatest number of lemons Ananya can buy?
  17. 17.Diya has ₹210 to spend on rolls of ribbon. One roll of ribbon costs ₹12. What is the greatest number of rolls of ribbon Diya can buy?
  18. 18.True or false: “tea leaves and milk” is a running cost. (a) False (b) True
  19. 19.True or false: “a folding table” is a running cost. (a) False (b) True
  20. 20.Which of these is a running cost? (a) a price board (b) a cloth banner (c) paper cups (d) a cooler box
  21. 21.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost
  22. 22.🔍 Which is the odd one out? (a) card paper (b) ice (c) a cash box (d) sugar
  23. 23.Nisha’s stall budget is ₹560. Napkins cost ₹200, ribbon cost ₹30 and a price board cost ₹30. How many rupees of the budget are left?
  24. 24.Diya plans to make 31 potted plants. Each needs ₹7 of materials, and a banner costs ₹50 once. What total budget is needed (in ₹)?
  25. 25.Which of these is a running cost? (a) a cloth banner (b) a cooler box (c) ice (d) a price board
  26. 26.📒 One-time cost or running cost: card paper? (a) a one-time cost (b) a running cost
  27. 27.Farhan has ₹390 to spend on sheets of card paper. One sheet of card paper costs ₹4. What is the greatest number of sheets of card paper Farhan can buy?
  28. 28.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
  29. 29.Which of these is a running cost? (a) a cash box (b) a cloth banner (c) lemons (d) a cooler box
  30. 30.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  31. 31.Tara has ₹130 to spend on lemons. One lemon costs ₹8. What is the greatest number of lemons Tara can buy?
  32. 32.🔍 Which is the odd one out? (a) a juicer (b) card paper (c) a cooler box (d) a cloth banner
  33. 33.Which of these is a one-time cost? (a) paper cups (b) ice (c) seeds and soil (d) a cash box
  34. 34.Ishaan has a budget of ₹600. The stock costs ₹300 and the stall fee is ₹310. Is the budget enough? (a) No (b) Yes
  35. 35.🔍 Which is the odd one out? (a) a cooler box (b) a folding table (c) a price board (d) lemons
  36. 36.🔍 Which is the odd one out? (a) ice (b) tea leaves and milk (c) card paper (d) a price board
  37. 37.Kavya plans to make 33 paper bookmarks. Each needs ₹2 of materials, and a banner costs ₹290 once. What total budget is needed (in ₹)?
  38. 38.Meera’s stall budget is ₹340. Paper cups cost ₹70, seeds cost ₹20 and napkins cost ₹90. How many rupees of the budget are left?
  39. 39.Which of these is a one-time cost? (a) a price board (b) sugar (c) seeds and soil (d) tea leaves and milk
  40. 40.🔍 Which is the odd one out? (a) a price board (b) a cash box (c) sugar (d) a cloth banner

Answer key

  1. a folding table
  2. paper cups
  3. 371
  4. tea leaves and milk
  5. 30
  6. False
  7. a juicer
  8. tea leaves and milk
  9. True
  10. sugar
  11. True
  12. ice
  13. 10
  14. card paper
  15. a one-time cost
  16. 15
  17. 17
  18. True
  19. False
  20. paper cups
  21. a one-time cost
  22. a cash box
  23. 300
  24. 267
  25. ice
  26. a running cost
  27. 97
  28. a one-time cost
  29. lemons
  30. a one-time cost
  31. 16
  32. card paper
  33. a cash box
  34. No
  35. lemons
  36. a price board
  37. 356
  38. 160
  39. a price board
  40. sugar

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