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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 196 · 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) a juicer (c) ice (d) sugar
  2. 2.Which of these is a running cost? (a) seeds and soil (b) a folding table (c) a cloth banner (d) a juicer
  3. 3.🔍 Which is the odd one out? (a) a cooler box (b) a folding table (c) sugar (d) a cash box
  4. 4.Which of these is a one-time cost? (a) tea leaves and milk (b) a folding table (c) card paper (d) sugar
  5. 5.Nisha’s stall budget is ₹800. Ribbon cost ₹110, a banner cost ₹270 and card paper cost ₹210. How many rupees of the budget are left?
  6. 6.Vihaan plans to make 17 paper bookmarks. Each needs ₹6 of materials, and a banner costs ₹250 once. What total budget is needed (in ₹)?
  7. 7.True or false: “a juicer” is a running cost. (a) False (b) True
  8. 8.True or false: “a cash box” is a one-time cost. (a) False (b) True
  9. 9.Arjun has a budget of ₹300. The stock costs ₹80 and the stall fee is ₹250. Is the budget enough? (a) Yes (b) No
  10. 10.📒 One-time cost or running cost: seeds and soil? (a) a one-time cost (b) a running cost
  11. 11.🔍 Which is the odd one out? (a) a cash box (b) a price board (c) a juicer (d) lemons
  12. 12.Meera has ₹270 to spend on lemons. One lemon costs ₹15. What is the greatest number of lemons Meera can buy?
  13. 13.Zoya has ₹400 to spend on lemons. One lemon costs ₹10. What is the greatest number of lemons Zoya can buy?
  14. 14.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost
  15. 15.Farhan’s stall budget is ₹640. Seeds cost ₹170, paper cups cost ₹280 and sugar cost ₹100. How many rupees of the budget are left?
  16. 16.🔍 Which is the odd one out? (a) a cloth banner (b) sugar (c) seeds and soil (d) ice
  17. 17.Kavya plans to make 45 fruit cups. Each needs ₹9 of materials, and a banner costs ₹260 once. What total budget is needed (in ₹)?
  18. 18.Gurpreet plans to make 49 cups of lemonade. Each needs ₹7 of materials, and a banner costs ₹70 once. What total budget is needed (in ₹)?
  19. 19.True or false: “tea leaves and milk” is a running cost. (a) True (b) False
  20. 20.Which of these is a one-time cost? (a) ice (b) lemons (c) a juicer (d) paper cups
  21. 21.True or false: “a folding table” is a running cost. (a) True (b) False
  22. 22.Ishaan’s stall budget is ₹510. A banner cost ₹120, pots cost ₹300 and a price board cost ₹70. How many rupees of the budget are left?
  23. 23.Rohan has a budget of ₹400. The stock costs ₹100 and the stall fee is ₹350. Is the budget enough? (a) Yes (b) No
  24. 24.Meera plans to make 32 cups of lemonade. Each needs ₹2 of materials, and a banner costs ₹170 once. What total budget is needed (in ₹)?
  25. 25.🔍 Which is the odd one out? (a) a juicer (b) ice (c) a cloth banner (d) a folding table
  26. 26.True or false: “card paper” is a running cost. (a) True (b) False
  27. 27.Kavya has a budget of ₹800. The stock costs ₹380 and the stall fee is ₹420. Is the budget enough? (a) No (b) Yes
  28. 28.Kavya’s stall budget is ₹540. Paper cups cost ₹30, lemons cost ₹200 and seeds cost ₹200. How many rupees of the budget are left?
  29. 29.Aarav plans to make 13 glasses of chai. Each needs ₹8 of materials, and a banner costs ₹290 once. What total budget is needed (in ₹)?
  30. 30.Which of these is a running cost? (a) a juicer (b) a folding table (c) a cloth banner (d) tea leaves and milk
  31. 31.Saanvi plans to make 39 painted pebbles. Each needs ₹8 of materials, and a banner costs ₹140 once. What total budget is needed (in ₹)?
  32. 32.📒 One-time cost or running cost: a cash box? (a) a one-time cost (b) a running cost
  33. 33.Gurpreet has ₹170 to spend on lemons. One lemon costs ₹10. What is the greatest number of lemons Gurpreet can buy?
  34. 34.Gurpreet has a budget of ₹500. The stock costs ₹250 and the stall fee is ₹240. Is the budget enough? (a) No (b) Yes
  35. 35.True or false: “a cloth banner” is a running cost. (a) True (b) False
  36. 36.True or false: “seeds and soil” is a one-time cost. (a) True (b) False
  37. 37.Which of these is a running cost? (a) a cooler box (b) card paper (c) a juicer (d) a folding table
  38. 38.🔍 Which is the odd one out? (a) a folding table (b) a cloth banner (c) a cooler box (d) seeds and soil
  39. 39.Aarav plans to make 10 fruit cups. Each needs ₹7 of materials, and a banner costs ₹190 once. What total budget is needed (in ₹)?
  40. 40.Farhan has a budget of ₹400. The stock costs ₹60 and the stall fee is ₹290. Is the budget enough? (a) Yes (b) No

Answer key

  1. a juicer
  2. seeds and soil
  3. sugar
  4. a folding table
  5. 210
  6. 352
  7. False
  8. True
  9. No
  10. a running cost
  11. lemons
  12. 18
  13. 40
  14. a one-time cost
  15. 90
  16. a cloth banner
  17. 665
  18. 413
  19. True
  20. a juicer
  21. False
  22. 20
  23. No
  24. 234
  25. ice
  26. True
  27. Yes
  28. 110
  29. 394
  30. tea leaves and milk
  31. 452
  32. a one-time cost
  33. 17
  34. Yes
  35. False
  36. False
  37. card paper
  38. seeds and soil
  39. 260
  40. Yes

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