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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 205 · 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) card paper (d) a cooler box
  2. 2.Saanvi has ₹290 to spend on lemons. One lemon costs ₹4. What is the greatest number of lemons Saanvi can buy?
  3. 3.Diya has a budget of ₹900. The stock costs ₹300 and the stall fee is ₹570. Is the budget enough? (a) No (b) Yes
  4. 4.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost
  5. 5.Which of these is a one-time cost? (a) paper cups (b) seeds and soil (c) lemons (d) a cooler box
  6. 6.Dev plans to make 47 cups of lemonade. Each needs ₹9 of materials, and a banner costs ₹170 once. What total budget is needed (in ₹)?
  7. 7.📒 One-time cost or running cost: card paper? (a) a one-time cost (b) a running cost
  8. 8.🔍 Which is the odd one out? (a) tea leaves and milk (b) a cooler box (c) card paper (d) ice
  9. 9.🔍 Which is the odd one out? (a) tea leaves and milk (b) card paper (c) paper cups (d) a price board
  10. 10.True or false: “ice” is a one-time cost. (a) True (b) False
  11. 11.Ananya’s stall budget is ₹390. Pots cost ₹200, napkins cost ₹140 and sugar cost ₹30. How many rupees of the budget are left?
  12. 12.Which of these is a running cost? (a) a folding table (b) a cooler box (c) a juicer (d) paper cups
  13. 13.True or false: “lemons” is a one-time cost. (a) True (b) False
  14. 14.Which of these is a one-time cost? (a) lemons (b) paper cups (c) seeds and soil (d) a juicer
  15. 15.True or false: “sugar” is a one-time cost. (a) False (b) True
  16. 16.🔍 Which is the odd one out? (a) a cash box (b) paper cups (c) card paper (d) lemons
  17. 17.Which of these is a running cost? (a) a cash box (b) ice (c) a folding table (d) a juicer
  18. 18.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
  19. 19.Aarav has ₹490 to spend on lemons. One lemon costs ₹20. What is the greatest number of lemons Aarav can buy?
  20. 20.Arjun has ₹50 to spend on rolls of ribbon. One roll of ribbon costs ₹12. What is the greatest number of rolls of ribbon Arjun can buy?
  21. 21.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
  22. 22.Lakshmi has a budget of ₹700. The stock costs ₹200 and the stall fee is ₹480. Is the budget enough? (a) No (b) Yes
  23. 23.📒 One-time cost or running cost: seeds and soil? (a) a one-time cost (b) a running cost
  24. 24.Kavya has ₹160 to spend on packs of cups. One pack of cups costs ₹10. What is the greatest number of packs of cups Kavya can buy?
  25. 25.Kabir’s stall budget is ₹870. Pots cost ₹240, ribbon cost ₹300 and paper cups cost ₹60. How many rupees of the budget are left?
  26. 26.Kabir’s stall budget is ₹740. Lemons cost ₹200, napkins cost ₹180 and card paper cost ₹100. How many rupees of the budget are left?
  27. 27.Vihaan has ₹210 to spend on rolls of ribbon. One roll of ribbon costs ₹12. What is the greatest number of rolls of ribbon Vihaan can buy?
  28. 28.🔍 Which is the odd one out? (a) tea leaves and milk (b) seeds and soil (c) a juicer (d) sugar
  29. 29.📒 One-time cost or running cost: lemons? (a) a running cost (b) a one-time cost
  30. 30.True or false: “lemons” is a running cost. (a) False (b) True
  31. 31.True or false: “a cooler box” is a running cost. (a) False (b) True
  32. 32.Tara’s stall budget is ₹490. Lemons cost ₹80, card paper cost ₹250 and sugar cost ₹20. How many rupees of the budget are left?
  33. 33.Farhan has ₹170 to spend on lemons. One lemon costs ₹12. What is the greatest number of lemons Farhan can buy?
  34. 34.Rohan plans to make 42 cups of lemonade. Each needs ₹3 of materials, and a banner costs ₹280 once. What total budget is needed (in ₹)?
  35. 35.True or false: “a folding table” is a running cost. (a) True (b) False
  36. 36.Which of these is a running cost? (a) a juicer (b) lemons (c) a cloth banner (d) a cooler box
  37. 37.True or false: “tea leaves and milk” is a one-time cost. (a) True (b) False
  38. 38.🔍 Which is the odd one out? (a) a folding table (b) a cloth banner (c) sugar (d) a price board
  39. 39.Kabir’s stall budget is ₹450. Seeds cost ₹110, paper cups cost ₹100 and lemons cost ₹150. How many rupees of the budget are left?
  40. 40.True or false: “a folding table” is a one-time cost. (a) False (b) True

Answer key

  1. card paper
  2. 72
  3. Yes
  4. a one-time cost
  5. a cooler box
  6. 593
  7. a running cost
  8. a cooler box
  9. a price board
  10. False
  11. 20
  12. paper cups
  13. False
  14. a juicer
  15. False
  16. a cash box
  17. ice
  18. a one-time cost
  19. 24
  20. 4
  21. a one-time cost
  22. Yes
  23. a running cost
  24. 16
  25. 270
  26. 260
  27. 17
  28. a juicer
  29. a running cost
  30. True
  31. False
  32. 140
  33. 14
  34. 406
  35. False
  36. lemons
  37. False
  38. sugar
  39. 90
  40. True

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