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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 240 · 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 cash box? (a) a running cost (b) a one-time cost
  2. 2.Which of these is a running cost? (a) a cash box (b) a cooler box (c) a juicer (d) lemons
  3. 3.📒 One-time cost or running cost: a cooler box? (a) a one-time cost (b) a running cost
  4. 4.🔍 Which is the odd one out? (a) paper cups (b) a cooler box (c) a juicer (d) a price board
  5. 5.True or false: “ice” is a running cost. (a) False (b) True
  6. 6.🔍 Which is the odd one out? (a) ice (b) paper cups (c) card paper (d) a price board
  7. 7.🔍 Which is the odd one out? (a) seeds and soil (b) tea leaves and milk (c) a cooler box (d) ice
  8. 8.Which of these is a one-time cost? (a) a cash box (b) seeds and soil (c) paper cups (d) card paper
  9. 9.🔍 Which is the odd one out? (a) a cash box (b) lemons (c) card paper (d) tea leaves and milk
  10. 10.Which of these is a one-time cost? (a) paper cups (b) ice (c) a cloth banner (d) lemons
  11. 11.Nisha has a budget of ₹900. The stock costs ₹280 and the stall fee is ₹620. Is the budget enough? (a) No (b) Yes
  12. 12.🔍 Which is the odd one out? (a) a cooler box (b) a cloth banner (c) a juicer (d) ice
  13. 13.Which of these is a running cost? (a) a folding table (b) a cash box (c) a price board (d) card paper
  14. 14.Rohan plans to make 20 glasses of chai. Each needs ₹7 of materials, and a banner costs ₹80 once. What total budget is needed (in ₹)?
  15. 15.🔍 Which is the odd one out? (a) a juicer (b) a folding table (c) card paper (d) a cloth banner
  16. 16.Tara has a budget of ₹1000. The stock costs ₹70 and the stall fee is ₹910. Is the budget enough? (a) No (b) Yes
  17. 17.📒 One-time cost or running cost: a price board? (a) a one-time cost (b) a running cost
  18. 18.Nisha has ₹220 to spend on sheets of card paper. One sheet of card paper costs ₹10. What is the greatest number of sheets of card paper Nisha can buy?
  19. 19.Vihaan has ₹400 to spend on packets of seeds. One packet of seeds costs ₹8. What is the greatest number of packets of seeds Vihaan can buy?
  20. 20.Joseph plans to make 49 paper bookmarks. Each needs ₹7 of materials, and a banner costs ₹150 once. What total budget is needed (in ₹)?
  21. 21.Joseph has ₹360 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?
  22. 22.📒 One-time cost or running cost: seeds and soil? (a) a one-time cost (b) a running cost
  23. 23.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  24. 24.True or false: “a juicer” is a one-time cost. (a) True (b) False
  25. 25.True or false: “paper cups” is a one-time cost. (a) False (b) True
  26. 26.Ishaan’s stall budget is ₹970. Sugar cost ₹300, pots cost ₹280 and card paper cost ₹110. How many rupees of the budget are left?
  27. 27.Ananya has ₹280 to spend on sheets of card paper. One sheet of card paper costs ₹5. What is the greatest number of sheets of card paper Ananya can buy?
  28. 28.Aarav has a budget of ₹800. The stock costs ₹120 and the stall fee is ₹690. Is the budget enough? (a) No (b) Yes
  29. 29.Dev plans to make 33 cups of lemonade. Each needs ₹2 of materials, and a banner costs ₹290 once. What total budget is needed (in ₹)?
  30. 30.Rohan plans to make 46 paper bookmarks. Each needs ₹2 of materials, and a banner costs ₹240 once. What total budget is needed (in ₹)?
  31. 31.📒 One-time cost or running cost: a cloth banner? (a) a one-time cost (b) a running cost
  32. 32.📒 One-time cost or running cost: ice? (a) a one-time cost (b) a running cost
  33. 33.Rohan has a budget of ₹400. The stock costs ₹60 and the stall fee is ₹320. Is the budget enough? (a) Yes (b) No
  34. 34.🔍 Which is the odd one out? (a) tea leaves and milk (b) a folding table (c) a cooler box (d) a cash box
  35. 35.Kabir has ₹200 to spend on lemons. One lemon costs ₹4. What is the greatest number of lemons Kabir can buy?
  36. 36.Arjun’s stall budget is ₹620. Card paper cost ₹200, a banner cost ₹50 and napkins cost ₹120. How many rupees of the budget are left?
  37. 37.Vihaan has ₹400 to spend on sheets of card paper. One sheet of card paper costs ₹15. What is the greatest number of sheets of card paper Vihaan can buy?
  38. 38.Kabir has a budget of ₹700. The stock costs ₹160 and the stall fee is ₹520. Is the budget enough? (a) No (b) Yes
  39. 39.Aarav has ₹430 to spend on rolls of ribbon. One roll of ribbon costs ₹12. What is the greatest number of rolls of ribbon Aarav can buy?
  40. 40.Arjun plans to make 15 handmade cards. Each needs ₹9 of materials, and a banner costs ₹290 once. What total budget is needed (in ₹)?

Answer key

  1. a one-time cost
  2. lemons
  3. a one-time cost
  4. paper cups
  5. True
  6. a price board
  7. a cooler box
  8. a cash box
  9. a cash box
  10. a cloth banner
  11. Yes
  12. ice
  13. card paper
  14. 220
  15. card paper
  16. Yes
  17. a one-time cost
  18. 22
  19. 50
  20. 493
  21. 18
  22. a running cost
  23. a one-time cost
  24. True
  25. False
  26. 280
  27. 56
  28. No
  29. 356
  30. 332
  31. a one-time cost
  32. a running cost
  33. Yes
  34. tea leaves and milk
  35. 50
  36. 250
  37. 26
  38. Yes
  39. 35
  40. 425

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