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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 126 · 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 cash box? (a) a running cost (b) a one-time cost
  2. 2.🔍 Which is the odd one out? (a) paper cups (b) sugar (c) tea leaves and milk (d) a price board
  3. 3.Diya plans to make 50 cupcakes. Each needs ₹10 of materials, and a banner costs ₹110 once. What total budget is needed (in ₹)?
  4. 4.🔍 Which is the odd one out? (a) a cooler box (b) a cash box (c) tea leaves and milk (d) a price board
  5. 5.True or false: “a cash box” is a one-time cost. (a) False (b) True
  6. 6.True or false: “lemons” is a running cost. (a) False (b) True
  7. 7.Arjun plans to make 27 handmade cards. Each needs ₹4 of materials, and a banner costs ₹300 once. What total budget is needed (in ₹)?
  8. 8.Which of these is a running cost? (a) a cloth banner (b) a cash box (c) a price board (d) card paper
  9. 9.Kabir has a budget of ₹800. The stock costs ₹210 and the stall fee is ₹550. Is the budget enough? (a) Yes (b) No
  10. 10.True or false: “a cloth banner” is a running cost. (a) True (b) False
  11. 11.Vihaan’s stall budget is ₹440. Card paper cost ₹20, paper cups cost ₹90 and sugar cost ₹230. How many rupees of the budget are left?
  12. 12.Zoya plans to make 13 bags of popcorn. Each needs ₹4 of materials, and a banner costs ₹270 once. What total budget is needed (in ₹)?
  13. 13.True or false: “lemons” is a one-time cost. (a) True (b) False
  14. 14.🔍 Which is the odd one out? (a) sugar (b) a cooler box (c) paper cups (d) seeds and soil
  15. 15.Meera has ₹100 to spend on sheets of card paper. One sheet of card paper costs ₹15. What is the greatest number of sheets of card paper Meera can buy?
  16. 16.True or false: “tea leaves and milk” is a one-time cost. (a) False (b) True
  17. 17.Gurpreet plans to make 33 clay diyas. Each needs ₹8 of materials, and a banner costs ₹270 once. What total budget is needed (in ₹)?
  18. 18.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
  19. 19.🔍 Which is the odd one out? (a) a cash box (b) a cloth banner (c) a juicer (d) sugar
  20. 20.Which of these is a running cost? (a) a price board (b) a cash box (c) a juicer (d) ice
  21. 21.🔍 Which is the odd one out? (a) a folding table (b) sugar (c) paper cups (d) tea leaves and milk
  22. 22.🔍 Which is the odd one out? (a) ice (b) seeds and soil (c) paper cups (d) a juicer
  23. 23.📒 One-time cost or running cost: lemons? (a) a one-time cost (b) a running cost
  24. 24.Which of these is a one-time cost? (a) seeds and soil (b) card paper (c) a cooler box (d) sugar
  25. 25.Dev’s stall budget is ₹630. Lemons cost ₹70, paper cups cost ₹130 and a banner cost ₹180. How many rupees of the budget are left?
  26. 26.Ishaan’s stall budget is ₹440. Sugar cost ₹230, paper cups cost ₹80 and napkins cost ₹90. How many rupees of the budget are left?
  27. 27.Which of these is a running cost? (a) a cloth banner (b) a folding table (c) paper cups (d) a cooler box
  28. 28.Diya has ₹150 to spend on packets of seeds. One packet of seeds costs ₹4. What is the greatest number of packets of seeds Diya can buy?
  29. 29.📒 One-time cost or running cost: a price board? (a) a one-time cost (b) a running cost
  30. 30.🔍 Which is the odd one out? (a) lemons (b) a juicer (c) a folding table (d) a cooler box
  31. 31.Farhan plans to make 18 jute bags. Each needs ₹10 of materials, and a banner costs ₹210 once. What total budget is needed (in ₹)?
  32. 32.📒 One-time cost or running cost: a cloth banner? (a) a one-time cost (b) a running cost
  33. 33.Joseph’s stall budget is ₹300. Paper cups cost ₹60, lemons cost ₹20 and napkins cost ₹130. How many rupees of the budget are left?
  34. 34.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost
  35. 35.📒 One-time cost or running cost: seeds and soil? (a) a running cost (b) a one-time cost
  36. 36.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost
  37. 37.Dev has a budget of ₹700. The stock costs ₹250 and the stall fee is ₹410. Is the budget enough? (a) No (b) Yes
  38. 38.Saanvi has ₹330 to spend on lemons. One lemon costs ₹12. What is the greatest number of lemons Saanvi can buy?
  39. 39.True or false: “a cash box” is a running cost. (a) True (b) False
  40. 40.True or false: “a folding table” is a running cost. (a) False (b) True

Answer key

  1. a one-time cost
  2. a price board
  3. 610
  4. tea leaves and milk
  5. True
  6. True
  7. 408
  8. card paper
  9. Yes
  10. False
  11. 100
  12. 322
  13. False
  14. a cooler box
  15. 6
  16. False
  17. 534
  18. a one-time cost
  19. sugar
  20. ice
  21. a folding table
  22. a juicer
  23. a running cost
  24. a cooler box
  25. 250
  26. 40
  27. paper cups
  28. 37
  29. a one-time cost
  30. lemons
  31. 390
  32. a one-time cost
  33. 90
  34. a one-time cost
  35. a running cost
  36. a one-time cost
  37. Yes
  38. 27
  39. False
  40. False

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