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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 204 · 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 juicer (b) a cloth banner (c) paper cups (d) a cooler box
  2. 2.Arjun plans to make 50 friendship bands. Each needs ₹7 of materials, and a banner costs ₹130 once. What total budget is needed (in ₹)?
  3. 3.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost
  4. 4.📒 One-time cost or running cost: card paper? (a) a one-time cost (b) a running cost
  5. 5.Dev has a budget of ₹700. The stock costs ₹250 and the stall fee is ₹460. Is the budget enough? (a) No (b) Yes
  6. 6.Which of these is a one-time cost? (a) a cash box (b) seeds and soil (c) paper cups (d) sugar
  7. 7.True or false: “a price board” is a one-time cost. (a) True (b) False
  8. 8.📒 One-time cost or running cost: seeds and soil? (a) a one-time cost (b) a running cost
  9. 9.True or false: “paper cups” is a one-time cost. (a) False (b) True
  10. 10.Ishaan’s stall budget is ₹700. Lemons cost ₹90, ribbon cost ₹90 and card paper cost ₹260. How many rupees of the budget are left?
  11. 11.Arjun plans to make 43 bags of popcorn. Each needs ₹4 of materials, and a banner costs ₹300 once. What total budget is needed (in ₹)?
  12. 12.True or false: “card paper” is a running cost. (a) True (b) False
  13. 13.📒 One-time cost or running cost: lemons? (a) a running cost (b) a one-time cost
  14. 14.Zoya plans to make 36 fruit cups. Each needs ₹4 of materials, and a banner costs ₹250 once. What total budget is needed (in ₹)?
  15. 15.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  16. 16.Nisha plans to make 10 friendship bands. Each needs ₹10 of materials, and a banner costs ₹120 once. What total budget is needed (in ₹)?
  17. 17.True or false: “paper cups” is a running cost. (a) False (b) True
  18. 18.Which of these is a one-time cost? (a) paper cups (b) card paper (c) a cooler box (d) sugar
  19. 19.Which of these is a running cost? (a) a price board (b) paper cups (c) a folding table (d) a cloth banner
  20. 20.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  21. 21.🔍 Which is the odd one out? (a) a price board (b) a folding table (c) seeds and soil (d) a cloth banner
  22. 22.Ananya has ₹110 to spend on packets of seeds. One packet of seeds costs ₹10. What is the greatest number of packets of seeds Ananya can buy?
  23. 23.🔍 Which is the odd one out? (a) a cash box (b) a cloth banner (c) a price board (d) lemons
  24. 24.Which of these is a running cost? (a) a cloth banner (b) a cash box (c) a juicer (d) tea leaves and milk
  25. 25.Saanvi’s stall budget is ₹560. Sugar cost ₹70, lemons cost ₹220 and pots cost ₹20. How many rupees of the budget are left?
  26. 26.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost
  27. 27.🔍 Which is the odd one out? (a) a cash box (b) a cloth banner (c) sugar (d) a cooler box
  28. 28.📒 One-time cost or running cost: paper cups? (a) a running cost (b) a one-time cost
  29. 29.Riya has a budget of ₹500. The stock costs ₹180 and the stall fee is ₹350. Is the budget enough? (a) Yes (b) No
  30. 30.🔍 Which is the odd one out? (a) paper cups (b) sugar (c) a juicer (d) tea leaves and milk
  31. 31.Riya’s stall budget is ₹390. Napkins cost ₹100, ribbon cost ₹50 and a price board cost ₹150. How many rupees of the budget are left?
  32. 32.Meera’s stall budget is ₹550. Seeds cost ₹60, napkins cost ₹280 and paper cups cost ₹110. How many rupees of the budget are left?
  33. 33.True or false: “sugar” is a running cost. (a) True (b) False
  34. 34.Joseph has ₹490 to spend on sheets of card paper. One sheet of card paper costs ₹20. What is the greatest number of sheets of card paper Joseph can buy?
  35. 35.Which of these is a running cost? (a) a cloth banner (b) a cooler box (c) ice (d) a price board
  36. 36.Which of these is a running cost? (a) a cloth banner (b) a price board (c) a cash box (d) sugar
  37. 37.True or false: “a juicer” is a one-time cost. (a) False (b) True
  38. 38.Kabir plans to make 16 bags of popcorn. Each needs ₹4 of materials, and a banner costs ₹110 once. What total budget is needed (in ₹)?
  39. 39.Ishaan has ₹100 to spend on sheets of card paper. One sheet of card paper costs ₹4. What is the greatest number of sheets of card paper Ishaan can buy?
  40. 40.📒 One-time cost or running cost: tea leaves and milk? (a) a running cost (b) a one-time cost

Answer key

  1. paper cups
  2. 480
  3. a one-time cost
  4. a running cost
  5. No
  6. a cash box
  7. True
  8. a running cost
  9. False
  10. 260
  11. 472
  12. True
  13. a running cost
  14. 394
  15. a one-time cost
  16. 220
  17. True
  18. a cooler box
  19. paper cups
  20. a one-time cost
  21. seeds and soil
  22. 11
  23. lemons
  24. tea leaves and milk
  25. 250
  26. a one-time cost
  27. sugar
  28. a running cost
  29. No
  30. a juicer
  31. 90
  32. 100
  33. True
  34. 24
  35. ice
  36. sugar
  37. True
  38. 174
  39. 25
  40. a running cost

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