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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 119 · 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: a price board? (a) a running cost (b) a one-time cost
  2. 2.Vihaan plans to make 20 cups of lemonade. Each needs ₹2 of materials, and a banner costs ₹70 once. What total budget is needed (in ₹)?
  3. 3.Which of these is a one-time cost? (a) sugar (b) card paper (c) paper cups (d) a price board
  4. 4.Dev has a budget of ₹800. The stock costs ₹150 and the stall fee is ₹690. Is the budget enough? (a) No (b) Yes
  5. 5.True or false: “sugar” is a one-time cost. (a) True (b) False
  6. 6.📒 One-time cost or running cost: a cash box? (a) a one-time cost (b) a running cost
  7. 7.True or false: “ice” is a running cost. (a) True (b) False
  8. 8.Vihaan’s stall budget is ₹430. Pots cost ₹190, a banner cost ₹150 and lemons cost ₹80. How many rupees of the budget are left?
  9. 9.Riya has ₹200 to spend on packets of seeds. One packet of seeds costs ₹4. What is the greatest number of packets of seeds Riya can buy?
  10. 10.📒 One-time cost or running cost: card paper? (a) a running cost (b) a one-time cost
  11. 11.🔍 Which is the odd one out? (a) a cloth banner (b) a cooler box (c) a folding table (d) tea leaves and milk
  12. 12.Which of these is a one-time cost? (a) tea leaves and milk (b) sugar (c) a folding table (d) paper cups
  13. 13.Arjun has ₹110 to spend on rolls of ribbon. One roll of ribbon costs ₹5. What is the greatest number of rolls of ribbon Arjun can buy?
  14. 14.Vihaan has a budget of ₹400. The stock costs ₹190 and the stall fee is ₹230. Is the budget enough? (a) No (b) Yes
  15. 15.Riya has a budget of ₹300. The stock costs ₹80 and the stall fee is ₹240. Is the budget enough? (a) No (b) Yes
  16. 16.Which of these is a running cost? (a) a folding table (b) card paper (c) a cooler box (d) a price board
  17. 17.🔍 Which is the odd one out? (a) seeds and soil (b) lemons (c) a cash box (d) card paper
  18. 18.Diya plans to make 28 painted pebbles. Each needs ₹3 of materials, and a banner costs ₹50 once. What total budget is needed (in ₹)?
  19. 19.🔍 Which is the odd one out? (a) seeds and soil (b) sugar (c) a cloth banner (d) tea leaves and milk
  20. 20.Which of these is a running cost? (a) a cooler box (b) a cloth banner (c) a cash box (d) tea leaves and milk
  21. 21.True or false: “lemons” is a one-time cost. (a) True (b) False
  22. 22.Lakshmi plans to make 50 jute bags. Each needs ₹8 of materials, and a banner costs ₹160 once. What total budget is needed (in ₹)?
  23. 23.True or false: “paper cups” is a one-time cost. (a) False (b) True
  24. 24.True or false: “a cloth banner” is a running cost. (a) False (b) True
  25. 25.True or false: “ice” is a one-time cost. (a) True (b) False
  26. 26.🔍 Which is the odd one out? (a) lemons (b) a price board (c) card paper (d) paper cups
  27. 27.Ananya has a budget of ₹1000. The stock costs ₹120 and the stall fee is ₹900. Is the budget enough? (a) No (b) Yes
  28. 28.Gurpreet has ₹190 to spend on rolls of ribbon. One roll of ribbon costs ₹5. What is the greatest number of rolls of ribbon Gurpreet can buy?
  29. 29.📒 One-time cost or running cost: a cloth banner? (a) a one-time cost (b) a running cost
  30. 30.True or false: “a cloth banner” is a one-time cost. (a) False (b) True
  31. 31.Gurpreet has a budget of ₹900. The stock costs ₹160 and the stall fee is ₹690. Is the budget enough? (a) Yes (b) No
  32. 32.🔍 Which is the odd one out? (a) a cash box (b) a cloth banner (c) sugar (d) a folding table
  33. 33.🔍 Which is the odd one out? (a) a cooler box (b) tea leaves and milk (c) ice (d) paper cups
  34. 34.🔍 Which is the odd one out? (a) a cloth banner (b) a price board (c) a cash box (d) seeds and soil
  35. 35.Tara has ₹400 to spend on lemons. One lemon costs ₹6. What is the greatest number of lemons Tara can buy?
  36. 36.Lakshmi has a budget of ₹400. The stock costs ₹140 and the stall fee is ₹240. Is the budget enough? (a) No (b) Yes
  37. 37.Tara’s stall budget is ₹650. Lemons cost ₹180, sugar cost ₹210 and pots cost ₹50. How many rupees of the budget are left?
  38. 38.🔍 Which is the odd one out? (a) a cash box (b) a cooler box (c) a folding table (d) lemons
  39. 39.Riya’s stall budget is ₹840. Seeds cost ₹140, sugar cost ₹120 and a banner cost ₹280. How many rupees of the budget are left?
  40. 40.True or false: “a cash box” is a one-time cost. (a) True (b) False

Answer key

  1. a one-time cost
  2. 110
  3. a price board
  4. No
  5. False
  6. a one-time cost
  7. True
  8. 10
  9. 50
  10. a running cost
  11. tea leaves and milk
  12. a folding table
  13. 22
  14. No
  15. No
  16. card paper
  17. a cash box
  18. 134
  19. a cloth banner
  20. tea leaves and milk
  21. False
  22. 560
  23. False
  24. False
  25. False
  26. a price board
  27. No
  28. 38
  29. a one-time cost
  30. True
  31. Yes
  32. sugar
  33. a cooler box
  34. seeds and soil
  35. 66
  36. Yes
  37. 210
  38. lemons
  39. 300
  40. True

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