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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 311 · 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) paper cups (b) sugar (c) seeds and soil (d) a cloth banner
  2. 2.📒 One-time cost or running cost: a cash box? (a) a one-time cost (b) a running cost
  3. 3.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost
  4. 4.True or false: “seeds and soil” is a one-time cost. (a) True (b) False
  5. 5.Tara plans to make 35 potted plants. Each needs ₹3 of materials, and a banner costs ₹230 once. What total budget is needed (in ₹)?
  6. 6.Saanvi plans to make 23 fruit cups. Each needs ₹8 of materials, and a banner costs ₹110 once. What total budget is needed (in ₹)?
  7. 7.Which of these is a one-time cost? (a) sugar (b) lemons (c) a price board (d) paper cups
  8. 8.Nisha has ₹410 to spend on lemons. One lemon costs ₹5. What is the greatest number of lemons Nisha can buy?
  9. 9.Kavya plans to make 27 potted plants. Each needs ₹9 of materials, and a banner costs ₹260 once. What total budget is needed (in ₹)?
  10. 10.True or false: “sugar” is a one-time cost. (a) False (b) True
  11. 11.Meera has a budget of ₹400. The stock costs ₹170 and the stall fee is ₹180. Is the budget enough? (a) No (b) Yes
  12. 12.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  13. 13.🔍 Which is the odd one out? (a) paper cups (b) seeds and soil (c) ice (d) a cash box
  14. 14.📒 One-time cost or running cost: sugar? (a) a running cost (b) a one-time cost
  15. 15.Saanvi’s stall budget is ₹630. Pots cost ₹30, ribbon cost ₹210 and napkins cost ₹90. How many rupees of the budget are left?
  16. 16.True or false: “sugar” is a running cost. (a) False (b) True
  17. 17.🔍 Which is the odd one out? (a) paper cups (b) a price board (c) tea leaves and milk (d) sugar
  18. 18.Which of these is a one-time cost? (a) card paper (b) sugar (c) a folding table (d) ice
  19. 19.🔍 Which is the odd one out? (a) a cash box (b) lemons (c) a juicer (d) a price board
  20. 20.Tara has a budget of ₹300. The stock costs ₹120 and the stall fee is ₹170. Is the budget enough? (a) No (b) Yes
  21. 21.Meera has ₹470 to spend on sheets of card paper. One sheet of card paper costs ₹4. What is the greatest number of sheets of card paper Meera can buy?
  22. 22.True or false: “a cash box” is a running cost. (a) True (b) False
  23. 23.True or false: “a price board” is a running cost. (a) False (b) True
  24. 24.Which of these is a running cost? (a) paper cups (b) a folding table (c) a juicer (d) a price board
  25. 25.🔍 Which is the odd one out? (a) a price board (b) a cloth banner (c) paper cups (d) a cash box
  26. 26.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost
  27. 27.Which of these is a one-time cost? (a) lemons (b) a cloth banner (c) card paper (d) tea leaves and milk
  28. 28.True or false: “lemons” is a running cost. (a) False (b) True
  29. 29.📒 One-time cost or running cost: lemons? (a) a running cost (b) a one-time cost
  30. 30.Which of these is a running cost? (a) a juicer (b) a price board (c) sugar (d) a cooler box
  31. 31.🔍 Which is the odd one out? (a) sugar (b) paper cups (c) card paper (d) a cooler box
  32. 32.Meera plans to make 41 cupcakes. Each needs ₹3 of materials, and a banner costs ₹120 once. What total budget is needed (in ₹)?
  33. 33.Dev plans to make 11 bags of popcorn. Each needs ₹3 of materials, and a banner costs ₹210 once. What total budget is needed (in ₹)?
  34. 34.Kabir’s stall budget is ₹510. Sugar cost ₹150, ribbon cost ₹80 and paper cups cost ₹70. How many rupees of the budget are left?
  35. 35.Which of these is a one-time cost? (a) lemons (b) tea leaves and milk (c) seeds and soil (d) a juicer
  36. 36.Rohan has ₹280 to spend on sheets of card paper. One sheet of card paper costs ₹6. What is the greatest number of sheets of card paper Rohan can buy?
  37. 37.📒 One-time cost or running cost: card paper? (a) a running cost (b) a one-time cost
  38. 38.Nisha’s stall budget is ₹590. Paper cups cost ₹260, lemons cost ₹20 and sugar cost ₹260. How many rupees of the budget are left?
  39. 39.Saanvi’s stall budget is ₹750. Lemons cost ₹180, ribbon cost ₹290 and a banner cost ₹120. How many rupees of the budget are left?
  40. 40.True or false: “card paper” is a one-time cost. (a) True (b) False

Answer key

  1. a cloth banner
  2. a one-time cost
  3. a one-time cost
  4. False
  5. 335
  6. 294
  7. a price board
  8. 82
  9. 503
  10. False
  11. Yes
  12. a one-time cost
  13. a cash box
  14. a running cost
  15. 300
  16. True
  17. a price board
  18. a folding table
  19. lemons
  20. Yes
  21. 117
  22. False
  23. False
  24. paper cups
  25. paper cups
  26. a one-time cost
  27. a cloth banner
  28. True
  29. a running cost
  30. sugar
  31. a cooler box
  32. 243
  33. 243
  34. 210
  35. a juicer
  36. 46
  37. a running cost
  38. 50
  39. 160
  40. False

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