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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 321 · 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.True or false: “ice” is a running cost. (a) False (b) True
  2. 2.🔍 Which is the odd one out? (a) a juicer (b) a cooler box (c) seeds and soil (d) a price board
  3. 3.Joseph’s stall budget is ₹830. Sugar cost ₹160, paper cups cost ₹220 and card paper cost ₹280. How many rupees of the budget are left?
  4. 4.Diya plans to make 36 jute bags. Each needs ₹3 of materials, and a banner costs ₹100 once. What total budget is needed (in ₹)?
  5. 5.🔍 Which is the odd one out? (a) sugar (b) lemons (c) a cash box (d) paper cups
  6. 6.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
  7. 7.True or false: “a price board” is a running cost. (a) True (b) False
  8. 8.True or false: “sugar” is a running cost. (a) False (b) True
  9. 9.True or false: “ice” is a one-time cost. (a) False (b) True
  10. 10.Kabir has ₹70 to spend on packets of seeds. One packet of seeds costs ₹10. What is the greatest number of packets of seeds Kabir can buy?
  11. 11.Which of these is a running cost? (a) a cash box (b) a juicer (c) tea leaves and milk (d) a price board
  12. 12.True or false: “seeds and soil” is a one-time cost. (a) False (b) True
  13. 13.Meera plans to make 36 bags of popcorn. Each needs ₹3 of materials, and a banner costs ₹260 once. What total budget is needed (in ₹)?
  14. 14.Which of these is a one-time cost? (a) tea leaves and milk (b) lemons (c) paper cups (d) a juicer
  15. 15.True or false: “paper cups” is a one-time cost. (a) True (b) False
  16. 16.True or false: “a cash box” is a running cost. (a) False (b) True
  17. 17.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
  18. 18.Which of these is a one-time cost? (a) lemons (b) sugar (c) a price board (d) ice
  19. 19.Ananya plans to make 35 painted pebbles. Each needs ₹4 of materials, and a banner costs ₹110 once. What total budget is needed (in ₹)?
  20. 20.🔍 Which is the odd one out? (a) tea leaves and milk (b) card paper (c) paper cups (d) a cloth banner
  21. 21.Diya’s stall budget is ₹590. Lemons cost ₹260, a banner cost ₹220 and pots cost ₹30. How many rupees of the budget are left?
  22. 22.Diya’s stall budget is ₹550. A price board cost ₹270, ribbon cost ₹210 and napkins cost ₹40. How many rupees of the budget are left?
  23. 23.Which of these is a one-time cost? (a) card paper (b) a cloth banner (c) lemons (d) paper cups
  24. 24.True or false: “a cash box” is a one-time cost. (a) True (b) False
  25. 25.Ananya plans to make 49 potted plants. Each needs ₹7 of materials, and a banner costs ₹240 once. What total budget is needed (in ₹)?
  26. 26.🔍 Which is the odd one out? (a) a folding table (b) a cash box (c) tea leaves and milk (d) a juicer
  27. 27.Diya has ₹230 to spend on rolls of ribbon. One roll of ribbon costs ₹4. What is the greatest number of rolls of ribbon Diya can buy?
  28. 28.True or false: “a cooler box” is a running cost. (a) True (b) False
  29. 29.True or false: “paper cups” is a running cost. (a) False (b) True
  30. 30.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost
  31. 31.Aarav’s stall budget is ₹380. A price board cost ₹40, a banner cost ₹110 and pots cost ₹60. How many rupees of the budget are left?
  32. 32.🔍 Which is the odd one out? (a) a price board (b) a cash box (c) paper cups (d) a cooler box
  33. 33.🔍 Which is the odd one out? (a) a cloth banner (b) a cash box (c) lemons (d) a juicer
  34. 34.True or false: “a cloth banner” is a one-time cost. (a) True (b) False
  35. 35.🔍 Which is the odd one out? (a) paper cups (b) ice (c) a cooler box (d) lemons
  36. 36.True or false: “sugar” is a one-time cost. (a) True (b) False
  37. 37.Gurpreet has a budget of ₹600. The stock costs ₹90 and the stall fee is ₹480. Is the budget enough? (a) Yes (b) No
  38. 38.📒 One-time cost or running cost: lemons? (a) a one-time cost (b) a running cost
  39. 39.Joseph plans to make 41 cups of lemonade. Each needs ₹9 of materials, and a banner costs ₹280 once. What total budget is needed (in ₹)?
  40. 40.🔍 Which is the odd one out? (a) card paper (b) a juicer (c) a cloth banner (d) a price board

Answer key

  1. True
  2. seeds and soil
  3. 170
  4. 208
  5. a cash box
  6. a one-time cost
  7. False
  8. True
  9. False
  10. 7
  11. tea leaves and milk
  12. False
  13. 368
  14. a juicer
  15. False
  16. False
  17. a one-time cost
  18. a price board
  19. 250
  20. a cloth banner
  21. 80
  22. 30
  23. a cloth banner
  24. True
  25. 583
  26. tea leaves and milk
  27. 57
  28. False
  29. True
  30. a one-time cost
  31. 170
  32. paper cups
  33. lemons
  34. True
  35. a cooler box
  36. False
  37. Yes
  38. a running cost
  39. 649
  40. card paper

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