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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 229 · 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.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost
  2. 2.🔍 Which is the odd one out? (a) a juicer (b) card paper (c) a cash box (d) a cloth banner
  3. 3.Arjun’s stall budget is ₹680. Sugar cost ₹240, ribbon cost ₹140 and card paper cost ₹230. How many rupees of the budget are left?
  4. 4.Ishaan plans to make 48 fruit cups. Each needs ₹2 of materials, and a banner costs ₹280 once. What total budget is needed (in ₹)?
  5. 5.Tara has a budget of ₹500. The stock costs ₹190 and the stall fee is ₹330. Is the budget enough? (a) No (b) Yes
  6. 6.📒 One-time cost or running cost: a cloth banner? (a) a one-time cost (b) a running cost
  7. 7.True or false: “seeds and soil” is a one-time cost. (a) True (b) False
  8. 8.📒 One-time cost or running cost: lemons? (a) a running cost (b) a one-time cost
  9. 9.🔍 Which is the odd one out? (a) lemons (b) a folding table (c) a cash box (d) a price board
  10. 10.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
  11. 11.True or false: “paper cups” is a running cost. (a) True (b) False
  12. 12.Ishaan has ₹150 to spend on rolls of ribbon. One roll of ribbon costs ₹4. What is the greatest number of rolls of ribbon Ishaan can buy?
  13. 13.🔍 Which is the odd one out? (a) seeds and soil (b) ice (c) lemons (d) a juicer
  14. 14.Nisha has a budget of ₹600. The stock costs ₹280 and the stall fee is ₹350. Is the budget enough? (a) Yes (b) No
  15. 15.True or false: “card paper” is a running cost. (a) False (b) True
  16. 16.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
  17. 17.True or false: “paper cups” is a one-time cost. (a) True (b) False
  18. 18.Gurpreet has a budget of ₹1000. The stock costs ₹370 and the stall fee is ₹590. Is the budget enough? (a) No (b) Yes
  19. 19.True or false: “a cash box” is a one-time cost. (a) False (b) True
  20. 20.Ananya plans to make 40 cupcakes. Each needs ₹8 of materials, and a banner costs ₹160 once. What total budget is needed (in ₹)?
  21. 21.True or false: “tea leaves and milk” is a one-time cost. (a) False (b) True
  22. 22.Which of these is a one-time cost? (a) a juicer (b) paper cups (c) tea leaves and milk (d) card paper
  23. 23.Nisha has a budget of ₹500. The stock costs ₹100 and the stall fee is ₹450. Is the budget enough? (a) No (b) Yes
  24. 24.Dev has a budget of ₹500. The stock costs ₹90 and the stall fee is ₹410. Is the budget enough? (a) Yes (b) No
  25. 25.Meera has a budget of ₹900. The stock costs ₹450 and the stall fee is ₹500. Is the budget enough? (a) Yes (b) No
  26. 26.Rohan’s stall budget is ₹460. Pots cost ₹70, paper cups cost ₹40 and a banner cost ₹60. How many rupees of the budget are left?
  27. 27.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost
  28. 28.True or false: “seeds and soil” is a running cost. (a) False (b) True
  29. 29.Meera has ₹200 to spend on lemons. One lemon costs ₹20. What is the greatest number of lemons Meera can buy?
  30. 30.Which of these is a running cost? (a) a cooler box (b) a cloth banner (c) a cash box (d) card paper
  31. 31.Rohan plans to make 36 jute bags. Each needs ₹2 of materials, and a banner costs ₹140 once. What total budget is needed (in ₹)?
  32. 32.Which of these is a running cost? (a) a cash box (b) a price board (c) lemons (d) a folding table
  33. 33.Riya has ₹470 to spend on sheets of card paper. One sheet of card paper costs ₹10. What is the greatest number of sheets of card paper Riya can buy?
  34. 34.Arjun has a budget of ₹500. The stock costs ₹250 and the stall fee is ₹240. Is the budget enough? (a) Yes (b) No
  35. 35.Kavya plans to make 40 cupcakes. Each needs ₹9 of materials, and a banner costs ₹160 once. What total budget is needed (in ₹)?
  36. 36.Which of these is a one-time cost? (a) paper cups (b) card paper (c) tea leaves and milk (d) a folding table
  37. 37.Aarav’s stall budget is ₹710. A price board cost ₹70, ribbon cost ₹210 and pots cost ₹170. How many rupees of the budget are left?
  38. 38.Which of these is a running cost? (a) a juicer (b) seeds and soil (c) a price board (d) a cooler box
  39. 39.Zoya plans to make 35 handmade cards. Each needs ₹5 of materials, and a banner costs ₹100 once. What total budget is needed (in ₹)?
  40. 40.Diya’s stall budget is ₹740. Paper cups cost ₹210, pots cost ₹160 and napkins cost ₹180. How many rupees of the budget are left?

Answer key

  1. a one-time cost
  2. card paper
  3. 70
  4. 376
  5. No
  6. a one-time cost
  7. False
  8. a running cost
  9. lemons
  10. a one-time cost
  11. True
  12. 37
  13. a juicer
  14. No
  15. True
  16. a running cost
  17. False
  18. Yes
  19. True
  20. 480
  21. False
  22. a juicer
  23. No
  24. Yes
  25. No
  26. 290
  27. a one-time cost
  28. True
  29. 10
  30. card paper
  31. 212
  32. lemons
  33. 47
  34. Yes
  35. 520
  36. a folding table
  37. 260
  38. seeds and soil
  39. 275
  40. 190

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