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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 201 · 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) paper cups (c) a folding table (d) seeds and soil
  2. 2.📒 One-time cost or running cost: lemons? (a) a running cost (b) a one-time cost
  3. 3.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  4. 4.🔍 Which is the odd one out? (a) a cooler box (b) tea leaves and milk (c) lemons (d) seeds and soil
  5. 5.Which of these is a running cost? (a) a cash box (b) paper cups (c) a price board (d) a cloth banner
  6. 6.🔍 Which is the odd one out? (a) a cash box (b) lemons (c) seeds and soil (d) paper cups
  7. 7.🔍 Which is the odd one out? (a) a folding table (b) a cloth banner (c) a juicer (d) ice
  8. 8.🔍 Which is the odd one out? (a) a cloth banner (b) paper cups (c) seeds and soil (d) lemons
  9. 9.True or false: “card paper” is a one-time cost. (a) False (b) True
  10. 10.Saanvi has a budget of ₹800. The stock costs ₹210 and the stall fee is ₹640. Is the budget enough? (a) Yes (b) No
  11. 11.Zoya’s stall budget is ₹680. Napkins cost ₹90, lemons cost ₹220 and pots cost ₹290. How many rupees of the budget are left?
  12. 12.🔍 Which is the odd one out? (a) a cash box (b) a cooler box (c) paper cups (d) a folding table
  13. 13.True or false: “a cooler box” is a one-time cost. (a) True (b) False
  14. 14.Ananya has a budget of ₹500. The stock costs ₹130 and the stall fee is ₹350. Is the budget enough? (a) No (b) Yes
  15. 15.📒 One-time cost or running cost: sugar? (a) a one-time cost (b) a running cost
  16. 16.Which of these is a one-time cost? (a) paper cups (b) a folding table (c) ice (d) tea leaves and milk
  17. 17.📒 One-time cost or running cost: seeds and soil? (a) a one-time cost (b) a running cost
  18. 18.Kavya plans to make 12 potted plants. Each needs ₹4 of materials, and a banner costs ₹250 once. What total budget is needed (in ₹)?
  19. 19.Diya has a budget of ₹400. The stock costs ₹130 and the stall fee is ₹260. Is the budget enough? (a) Yes (b) No
  20. 20.Ishaan plans to make 28 friendship bands. Each needs ₹7 of materials, and a banner costs ₹160 once. What total budget is needed (in ₹)?
  21. 21.Aarav has a budget of ₹1000. The stock costs ₹390 and the stall fee is ₹610. Is the budget enough? (a) Yes (b) No
  22. 22.Diya plans to make 47 cupcakes. Each needs ₹10 of materials, and a banner costs ₹280 once. What total budget is needed (in ₹)?
  23. 23.Which of these is a running cost? (a) a price board (b) tea leaves and milk (c) a cash box (d) a juicer
  24. 24.Vihaan has ₹380 to spend on sheets of card paper. One sheet of card paper costs ₹4. What is the greatest number of sheets of card paper Vihaan can buy?
  25. 25.True or false: “a cash box” is a running cost. (a) False (b) True
  26. 26.Zoya has ₹280 to spend on packs of cups. One pack of cups costs ₹5. What is the greatest number of packs of cups Zoya can buy?
  27. 27.Nisha has ₹480 to spend on sheets of card paper. One sheet of card paper costs ₹6. What is the greatest number of sheets of card paper Nisha can buy?
  28. 28.True or false: “sugar” is a one-time cost. (a) False (b) True
  29. 29.Vihaan plans to make 48 handmade cards. Each needs ₹9 of materials, and a banner costs ₹240 once. What total budget is needed (in ₹)?
  30. 30.True or false: “paper cups” is a one-time cost. (a) True (b) False
  31. 31.Which of these is a one-time cost? (a) a cash box (b) ice (c) lemons (d) paper cups
  32. 32.Meera’s stall budget is ₹680. A banner cost ₹250, seeds cost ₹80 and pots cost ₹170. How many rupees of the budget are left?
  33. 33.Zoya’s stall budget is ₹660. A price board cost ₹210, sugar cost ₹160 and pots cost ₹220. How many rupees of the budget are left?
  34. 34.Joseph has a budget of ₹900. The stock costs ₹140 and the stall fee is ₹780. Is the budget enough? (a) No (b) Yes
  35. 35.Ishaan has ₹490 to spend on lemons. One lemon costs ₹12. What is the greatest number of lemons Ishaan can buy?
  36. 36.Saanvi plans to make 33 glasses of chai. Each needs ₹2 of materials, and a banner costs ₹170 once. What total budget is needed (in ₹)?
  37. 37.🔍 Which is the odd one out? (a) a cloth banner (b) tea leaves and milk (c) a juicer (d) a folding table
  38. 38.🔍 Which is the odd one out? (a) a folding table (b) a price board (c) a cloth banner (d) seeds and soil
  39. 39.Ananya’s stall budget is ₹550. Paper cups cost ₹240, ribbon cost ₹90 and seeds cost ₹40. How many rupees of the budget are left?
  40. 40.Kavya has ₹230 to spend on sheets of card paper. One sheet of card paper costs ₹12. What is the greatest number of sheets of card paper Kavya can buy?

Answer key

  1. a folding table
  2. a running cost
  3. a one-time cost
  4. a cooler box
  5. paper cups
  6. a cash box
  7. ice
  8. a cloth banner
  9. False
  10. No
  11. 80
  12. paper cups
  13. True
  14. Yes
  15. a running cost
  16. a folding table
  17. a running cost
  18. 298
  19. Yes
  20. 356
  21. Yes
  22. 750
  23. tea leaves and milk
  24. 95
  25. False
  26. 56
  27. 80
  28. False
  29. 672
  30. False
  31. a cash box
  32. 180
  33. 70
  34. No
  35. 40
  36. 236
  37. tea leaves and milk
  38. seeds and soil
  39. 180
  40. 19

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