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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 140 · 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) paper cups (b) a folding table (c) a juicer (d) a cash box
  2. 2.Which of these is a running cost? (a) a cash box (b) a juicer (c) sugar (d) a price board
  3. 3.🔍 Which is the odd one out? (a) ice (b) a juicer (c) a cash box (d) a folding table
  4. 4.Which of these is a one-time cost? (a) ice (b) tea leaves and milk (c) paper cups (d) a cash box
  5. 5.Arjun has ₹190 to spend on lemons. One lemon costs ₹6. What is the greatest number of lemons Arjun can buy?
  6. 6.📒 One-time cost or running cost: a cooler box? (a) a one-time cost (b) a running cost
  7. 7.Which of these is a one-time cost? (a) a cooler box (b) tea leaves and milk (c) lemons (d) ice
  8. 8.🔍 Which is the odd one out? (a) tea leaves and milk (b) a folding table (c) lemons (d) paper cups
  9. 9.🔍 Which is the odd one out? (a) ice (b) paper cups (c) sugar (d) a cloth banner
  10. 10.True or false: “a cash box” is a running cost. (a) True (b) False
  11. 11.Farhan has a budget of ₹500. The stock costs ₹170 and the stall fee is ₹280. Is the budget enough? (a) No (b) Yes
  12. 12.Aarav has a budget of ₹800. The stock costs ₹310 and the stall fee is ₹480. Is the budget enough? (a) No (b) Yes
  13. 13.📒 One-time cost or running cost: paper cups? (a) a running cost (b) a one-time cost
  14. 14.🔍 Which is the odd one out? (a) a folding table (b) a price board (c) sugar (d) a juicer
  15. 15.True or false: “card paper” is a running cost. (a) False (b) True
  16. 16.Joseph plans to make 35 cupcakes. Each needs ₹3 of materials, and a banner costs ₹170 once. What total budget is needed (in ₹)?
  17. 17.Vihaan plans to make 13 paper bookmarks. Each needs ₹2 of materials, and a banner costs ₹170 once. What total budget is needed (in ₹)?
  18. 18.True or false: “a folding table” is a one-time cost. (a) False (b) True
  19. 19.Which of these is a one-time cost? (a) seeds and soil (b) tea leaves and milk (c) card paper (d) a folding table
  20. 20.Nisha’s stall budget is ₹730. Napkins cost ₹200, seeds cost ₹270 and ribbon cost ₹20. How many rupees of the budget are left?
  21. 21.Tara has a budget of ₹600. The stock costs ₹150 and the stall fee is ₹410. Is the budget enough? (a) Yes (b) No
  22. 22.Riya has ₹320 to spend on lemons. One lemon costs ₹12. What is the greatest number of lemons Riya can buy?
  23. 23.True or false: “tea leaves and milk” is a running cost. (a) False (b) True
  24. 24.🔍 Which is the odd one out? (a) a cloth banner (b) a cash box (c) tea leaves and milk (d) a folding table
  25. 25.🔍 Which is the odd one out? (a) a juicer (b) seeds and soil (c) a cloth banner (d) a price board
  26. 26.Diya has a budget of ₹1000. The stock costs ₹460 and the stall fee is ₹580. Is the budget enough? (a) Yes (b) No
  27. 27.True or false: “ice” is a running cost. (a) True (b) False
  28. 28.True or false: “sugar” is a running cost. (a) False (b) True
  29. 29.Saanvi’s stall budget is ₹750. Card paper cost ₹120, seeds cost ₹200 and paper cups cost ₹250. How many rupees of the budget are left?
  30. 30.Arjun has ₹200 to spend on rolls of ribbon. One roll of ribbon costs ₹4. What is the greatest number of rolls of ribbon Arjun can buy?
  31. 31.Joseph has ₹180 to spend on packets of seeds. One packet of seeds costs ₹8. What is the greatest number of packets of seeds Joseph can buy?
  32. 32.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
  33. 33.🔍 Which is the odd one out? (a) a price board (b) a folding table (c) card paper (d) a cooler box
  34. 34.Zoya plans to make 37 cupcakes. Each needs ₹10 of materials, and a banner costs ₹290 once. What total budget is needed (in ₹)?
  35. 35.🔍 Which is the odd one out? (a) paper cups (b) seeds and soil (c) lemons (d) a juicer
  36. 36.📒 One-time cost or running cost: card paper? (a) a running cost (b) a one-time cost
  37. 37.Which of these is a one-time cost? (a) seeds and soil (b) sugar (c) a cloth banner (d) tea leaves and milk
  38. 38.Vihaan has ₹90 to spend on rolls of ribbon. One roll of ribbon costs ₹20. What is the greatest number of rolls of ribbon Vihaan can buy?
  39. 39.Zoya has ₹200 to spend on lemons. One lemon costs ₹15. What is the greatest number of lemons Zoya can buy?
  40. 40.Meera has ₹220 to spend on packets of seeds. One packet of seeds costs ₹20. What is the greatest number of packets of seeds Meera can buy?

Answer key

  1. paper cups
  2. sugar
  3. ice
  4. a cash box
  5. 31
  6. a one-time cost
  7. a cooler box
  8. a folding table
  9. a cloth banner
  10. False
  11. Yes
  12. Yes
  13. a running cost
  14. sugar
  15. True
  16. 275
  17. 196
  18. True
  19. a folding table
  20. 240
  21. Yes
  22. 26
  23. True
  24. tea leaves and milk
  25. seeds and soil
  26. No
  27. True
  28. True
  29. 180
  30. 50
  31. 22
  32. a one-time cost
  33. card paper
  34. 660
  35. a juicer
  36. a running cost
  37. a cloth banner
  38. 4
  39. 13
  40. 11

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