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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 139 · 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) a folding table (b) lemons (c) a juicer (d) a cash box
  2. 2.📒 One-time cost or running cost: ice? (a) a one-time cost (b) a running cost
  3. 3.Lakshmi’s stall budget is ₹440. Seeds cost ₹140, pots cost ₹30 and lemons cost ₹70. How many rupees of the budget are left?
  4. 4.True or false: “a folding table” is a one-time cost. (a) True (b) False
  5. 5.Which of these is a one-time cost? (a) paper cups (b) sugar (c) seeds and soil (d) a folding table
  6. 6.📒 One-time cost or running cost: a cloth banner? (a) a one-time cost (b) a running cost
  7. 7.📒 One-time cost or running cost: seeds and soil? (a) a one-time cost (b) a running cost
  8. 8.Gurpreet plans to make 38 handmade cards. Each needs ₹5 of materials, and a banner costs ₹220 once. What total budget is needed (in ₹)?
  9. 9.Which of these is a one-time cost? (a) card paper (b) sugar (c) a cloth banner (d) paper cups
  10. 10.Farhan has a budget of ₹400. The stock costs ₹70 and the stall fee is ₹380. Is the budget enough? (a) No (b) Yes
  11. 11.🔍 Which is the odd one out? (a) card paper (b) a cloth banner (c) a cooler box (d) a price board
  12. 12.Joseph’s stall budget is ₹690. Paper cups cost ₹200, napkins cost ₹270 and lemons cost ₹200. How many rupees of the budget are left?
  13. 13.Arjun has ₹340 to spend on sheets of card paper. One sheet of card paper costs ₹6. What is the greatest number of sheets of card paper Arjun can buy?
  14. 14.📒 One-time cost or running cost: a price board? (a) a one-time cost (b) a running cost
  15. 15.🔍 Which is the odd one out? (a) a folding table (b) a juicer (c) paper cups (d) a cloth banner
  16. 16.Gurpreet has a budget of ₹400. The stock costs ₹170 and the stall fee is ₹190. Is the budget enough? (a) Yes (b) No
  17. 17.📒 One-time cost or running cost: card paper? (a) a one-time cost (b) a running cost
  18. 18.Ishaan has a budget of ₹300. The stock costs ₹50 and the stall fee is ₹210. Is the budget enough? (a) No (b) Yes
  19. 19.Farhan has a budget of ₹600. The stock costs ₹260 and the stall fee is ₹340. Is the budget enough? (a) No (b) Yes
  20. 20.Lakshmi plans to make 25 cupcakes. Each needs ₹4 of materials, and a banner costs ₹80 once. What total budget is needed (in ₹)?
  21. 21.🔍 Which is the odd one out? (a) paper cups (b) a folding table (c) seeds and soil (d) ice
  22. 22.Which of these is a one-time cost? (a) paper cups (b) tea leaves and milk (c) a cash box (d) seeds and soil
  23. 23.Saanvi has a budget of ₹600. The stock costs ₹50 and the stall fee is ₹550. Is the budget enough? (a) No (b) Yes
  24. 24.Aarav’s stall budget is ₹820. Lemons cost ₹80, pots cost ₹240 and a banner cost ₹290. How many rupees of the budget are left?
  25. 25.Which of these is a one-time cost? (a) sugar (b) card paper (c) ice (d) a juicer
  26. 26.🔍 Which is the odd one out? (a) a cash box (b) a juicer (c) tea leaves and milk (d) a cloth banner
  27. 27.Diya plans to make 21 handmade cards. Each needs ₹3 of materials, and a banner costs ₹50 once. What total budget is needed (in ₹)?
  28. 28.🔍 Which is the odd one out? (a) paper cups (b) a cloth banner (c) seeds and soil (d) card paper
  29. 29.True or false: “paper cups” is a one-time cost. (a) False (b) True
  30. 30.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
  31. 31.Which of these is a running cost? (a) a cloth banner (b) seeds and soil (c) a juicer (d) a folding table
  32. 32.True or false: “a cloth banner” is a one-time cost. (a) False (b) True
  33. 33.Zoya plans to make 18 painted pebbles. Each needs ₹10 of materials, and a banner costs ₹180 once. What total budget is needed (in ₹)?
  34. 34.Arjun has ₹110 to spend on sheets of card paper. One sheet of card paper costs ₹6. What is the greatest number of sheets of card paper Arjun can buy?
  35. 35.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
  36. 36.Gurpreet has ₹150 to spend on rolls of ribbon. One roll of ribbon costs ₹10. What is the greatest number of rolls of ribbon Gurpreet can buy?
  37. 37.🔍 Which is the odd one out? (a) a folding table (b) a price board (c) seeds and soil (d) a juicer
  38. 38.Saanvi’s stall budget is ₹620. Ribbon cost ₹120, a banner cost ₹220 and napkins cost ₹260. How many rupees of the budget are left?
  39. 39.📒 One-time cost or running cost: a cash box? (a) a one-time cost (b) a running cost
  40. 40.True or false: “ice” is a running cost. (a) False (b) True

Answer key

  1. lemons
  2. a running cost
  3. 200
  4. True
  5. a folding table
  6. a one-time cost
  7. a running cost
  8. 410
  9. a cloth banner
  10. No
  11. card paper
  12. 20
  13. 56
  14. a one-time cost
  15. paper cups
  16. Yes
  17. a running cost
  18. Yes
  19. Yes
  20. 180
  21. a folding table
  22. a cash box
  23. Yes
  24. 210
  25. a juicer
  26. tea leaves and milk
  27. 113
  28. a cloth banner
  29. False
  30. a one-time cost
  31. seeds and soil
  32. True
  33. 360
  34. 18
  35. a running cost
  36. 15
  37. seeds and soil
  38. 20
  39. a one-time cost
  40. True

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