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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 133 · 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 is the odd one out? (a) lemons (b) card paper (c) a cloth banner (d) tea leaves and milk
  2. 2.True or false: “lemons” is a running cost. (a) True (b) False
  3. 3.Which of these is a one-time cost? (a) tea leaves and milk (b) paper cups (c) card paper (d) a juicer
  4. 4.📒 One-time cost or running cost: sugar? (a) a running cost (b) a one-time cost
  5. 5.Rohan plans to make 30 bags of popcorn. Each needs ₹2 of materials, and a banner costs ₹150 once. What total budget is needed (in ₹)?
  6. 6.Which of these is a one-time cost? (a) a folding table (b) sugar (c) paper cups (d) seeds and soil
  7. 7.Tara’s stall budget is ₹670. Ribbon cost ₹160, lemons cost ₹50 and a banner cost ₹160. How many rupees of the budget are left?
  8. 8.🔍 Which is the odd one out? (a) a cash box (b) seeds and soil (c) ice (d) paper cups
  9. 9.Which of these is a one-time cost? (a) card paper (b) a price board (c) paper cups (d) tea leaves and milk
  10. 10.Aarav has ₹220 to spend on lemons. One lemon costs ₹4. What is the greatest number of lemons Aarav can buy?
  11. 11.Which of these is a one-time cost? (a) a cloth banner (b) tea leaves and milk (c) paper cups (d) card paper
  12. 12.📒 One-time cost or running cost: tea leaves and milk? (a) a running cost (b) a one-time cost
  13. 13.🔍 Which is the odd one out? (a) a juicer (b) a folding table (c) a cloth banner (d) paper cups
  14. 14.📒 One-time cost or running cost: a cooler box? (a) a one-time cost (b) a running cost
  15. 15.🔍 Which is the odd one out? (a) sugar (b) lemons (c) tea leaves and milk (d) a folding table
  16. 16.🔍 Which is the odd one out? (a) lemons (b) tea leaves and milk (c) a cooler box (d) seeds and soil
  17. 17.Which of these is a running cost? (a) a cash box (b) ice (c) a cooler box (d) a price board
  18. 18.🔍 Which is the odd one out? (a) a price board (b) card paper (c) ice (d) seeds and soil
  19. 19.Meera has ₹330 to spend on packs of cups. One pack of cups costs ₹5. What is the greatest number of packs of cups Meera can buy?
  20. 20.Joseph has a budget of ₹300. The stock costs ₹150 and the stall fee is ₹150. Is the budget enough? (a) Yes (b) No
  21. 21.📒 One-time cost or running cost: a cash box? (a) a one-time cost (b) a running cost
  22. 22.Nisha has ₹410 to spend on packs of cups. One pack of cups costs ₹5. What is the greatest number of packs of cups Nisha can buy?
  23. 23.Dev has a budget of ₹600. The stock costs ₹240 and the stall fee is ₹410. Is the budget enough? (a) No (b) Yes
  24. 24.Ananya has ₹360 to spend on rolls of ribbon. One roll of ribbon costs ₹4. What is the greatest number of rolls of ribbon Ananya can buy?
  25. 25.Lakshmi’s stall budget is ₹600. A banner cost ₹210, napkins cost ₹30 and paper cups cost ₹140. How many rupees of the budget are left?
  26. 26.True or false: “paper cups” is a one-time cost. (a) False (b) True
  27. 27.True or false: “ice” is a running cost. (a) False (b) True
  28. 28.True or false: “card paper” is a running cost. (a) False (b) True
  29. 29.Arjun’s stall budget is ₹420. Paper cups cost ₹120, sugar cost ₹100 and napkins cost ₹80. How many rupees of the budget are left?
  30. 30.Aarav has ₹280 to spend on packets of seeds. One packet of seeds costs ₹10. What is the greatest number of packets of seeds Aarav can buy?
  31. 31.📒 One-time cost or running cost: card paper? (a) a one-time cost (b) a running cost
  32. 32.Arjun’s stall budget is ₹830. A price board cost ₹160, paper cups cost ₹270 and ribbon cost ₹100. How many rupees of the budget are left?
  33. 33.📒 One-time cost or running cost: seeds and soil? (a) a running cost (b) a one-time cost
  34. 34.Which of these is a running cost? (a) a cloth banner (b) a cash box (c) card paper (d) a folding table
  35. 35.Arjun has ₹60 to spend on packets of seeds. One packet of seeds costs ₹5. What is the greatest number of packets of seeds Arjun can buy?
  36. 36.True or false: “seeds and soil” is a running cost. (a) False (b) True
  37. 37.Lakshmi plans to make 32 clay diyas. Each needs ₹6 of materials, and a banner costs ₹240 once. What total budget is needed (in ₹)?
  38. 38.Farhan has a budget of ₹500. The stock costs ₹70 and the stall fee is ₹400. Is the budget enough? (a) Yes (b) No
  39. 39.Kabir plans to make 35 cups of lemonade. Each needs ₹9 of materials, and a banner costs ₹180 once. What total budget is needed (in ₹)?
  40. 40.Kavya’s stall budget is ₹630. Card paper cost ₹100, paper cups cost ₹260 and napkins cost ₹30. How many rupees of the budget are left?

Answer key

  1. a cloth banner
  2. True
  3. a juicer
  4. a running cost
  5. 210
  6. a folding table
  7. 300
  8. a cash box
  9. a price board
  10. 55
  11. a cloth banner
  12. a running cost
  13. paper cups
  14. a one-time cost
  15. a folding table
  16. a cooler box
  17. ice
  18. a price board
  19. 66
  20. Yes
  21. a one-time cost
  22. 82
  23. No
  24. 90
  25. 220
  26. False
  27. True
  28. True
  29. 120
  30. 28
  31. a running cost
  32. 300
  33. a running cost
  34. card paper
  35. 12
  36. True
  37. 432
  38. Yes
  39. 495
  40. 240

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