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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 232 · 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: lemons? (a) a one-time cost (b) a running cost
  2. 2.🔍 Which is the odd one out? (a) a cash box (b) paper cups (c) tea leaves and milk (d) card paper
  3. 3.Which of these is a one-time cost? (a) tea leaves and milk (b) sugar (c) ice (d) a folding table
  4. 4.True or false: “card paper” is a one-time cost. (a) False (b) True
  5. 5.🔍 Which is the odd one out? (a) a cooler box (b) sugar (c) a cloth banner (d) a price board
  6. 6.Diya has ₹360 to spend on rolls of ribbon. One roll of ribbon costs ₹8. What is the greatest number of rolls of ribbon Diya can buy?
  7. 7.Which of these is a one-time cost? (a) paper cups (b) ice (c) a cloth banner (d) sugar
  8. 8.🔍 Which is the odd one out? (a) tea leaves and milk (b) seeds and soil (c) a cooler box (d) card paper
  9. 9.🔍 Which is the odd one out? (a) tea leaves and milk (b) paper cups (c) ice (d) a juicer
  10. 10.Which of these is a running cost? (a) a folding table (b) a juicer (c) sugar (d) a price board
  11. 11.📒 One-time cost or running cost: paper cups? (a) a running cost (b) a one-time cost
  12. 12.Zoya has ₹260 to spend on lemons. One lemon costs ₹12. What is the greatest number of lemons Zoya can buy?
  13. 13.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
  14. 14.Tara’s stall budget is ₹530. A banner cost ₹160, pots cost ₹300 and napkins cost ₹30. How many rupees of the budget are left?
  15. 15.True or false: “seeds and soil” is a one-time cost. (a) False (b) True
  16. 16.Joseph has a budget of ₹800. The stock costs ₹160 and the stall fee is ₹610. Is the budget enough? (a) No (b) Yes
  17. 17.🔍 Which is the odd one out? (a) a folding table (b) a cloth banner (c) a cash box (d) lemons
  18. 18.📒 One-time cost or running cost: a cash box? (a) a one-time cost (b) a running cost
  19. 19.Joseph has ₹320 to spend on rolls of ribbon. One roll of ribbon costs ₹4. What is the greatest number of rolls of ribbon Joseph can buy?
  20. 20.Which of these is a running cost? (a) a juicer (b) a cloth banner (c) a folding table (d) tea leaves and milk
  21. 21.Which of these is a running cost? (a) a price board (b) a juicer (c) ice (d) a folding table
  22. 22.🔍 Which is the odd one out? (a) paper cups (b) a cloth banner (c) a cooler box (d) a price board
  23. 23.Nisha’s stall budget is ₹170. Seeds cost ₹70, paper cups cost ₹50 and pots cost ₹20. How many rupees of the budget are left?
  24. 24.Which of these is a one-time cost? (a) ice (b) sugar (c) paper cups (d) a cash box
  25. 25.True or false: “a juicer” is a one-time cost. (a) True (b) False
  26. 26.Arjun’s stall budget is ₹530. Ribbon cost ₹270, pots cost ₹130 and lemons cost ₹90. How many rupees of the budget are left?
  27. 27.Aarav plans to make 37 cupcakes. Each needs ₹8 of materials, and a banner costs ₹50 once. What total budget is needed (in ₹)?
  28. 28.Diya has ₹220 to spend on packs of cups. One pack of cups costs ₹15. What is the greatest number of packs of cups Diya can buy?
  29. 29.Meera has a budget of ₹500. The stock costs ₹60 and the stall fee is ₹410. Is the budget enough? (a) No (b) Yes
  30. 30.Arjun plans to make 18 glasses of chai. Each needs ₹5 of materials, and a banner costs ₹50 once. What total budget is needed (in ₹)?
  31. 31.Which of these is a running cost? (a) paper cups (b) a folding table (c) a cash box (d) a juicer
  32. 32.Diya has a budget of ₹900. The stock costs ₹170 and the stall fee is ₹680. Is the budget enough? (a) Yes (b) No
  33. 33.Aarav plans to make 19 jute bags. Each needs ₹10 of materials, and a banner costs ₹190 once. What total budget is needed (in ₹)?
  34. 34.Gurpreet’s stall budget is ₹730. Lemons cost ₹140, ribbon cost ₹80 and paper cups cost ₹290. How many rupees of the budget are left?
  35. 35.Farhan has ₹300 to spend on packets of seeds. One packet of seeds costs ₹5. What is the greatest number of packets of seeds Farhan can buy?
  36. 36.True or false: “a cash box” is a one-time cost. (a) True (b) False
  37. 37.Lakshmi has a budget of ₹300. The stock costs ₹100 and the stall fee is ₹210. Is the budget enough? (a) Yes (b) No
  38. 38.Aarav plans to make 25 friendship bands. Each needs ₹10 of materials, and a banner costs ₹250 once. What total budget is needed (in ₹)?
  39. 39.Aarav plans to make 20 glasses of chai. Each needs ₹3 of materials, and a banner costs ₹140 once. What total budget is needed (in ₹)?
  40. 40.Vihaan has a budget of ₹400. The stock costs ₹90 and the stall fee is ₹290. Is the budget enough? (a) No (b) Yes

Answer key

  1. a running cost
  2. a cash box
  3. a folding table
  4. False
  5. sugar
  6. 45
  7. a cloth banner
  8. a cooler box
  9. a juicer
  10. sugar
  11. a running cost
  12. 21
  13. a running cost
  14. 40
  15. False
  16. Yes
  17. lemons
  18. a one-time cost
  19. 80
  20. tea leaves and milk
  21. ice
  22. paper cups
  23. 30
  24. a cash box
  25. True
  26. 40
  27. 346
  28. 14
  29. Yes
  30. 140
  31. paper cups
  32. Yes
  33. 380
  34. 220
  35. 60
  36. True
  37. No
  38. 500
  39. 200
  40. Yes

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