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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 331 · 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) a cash box (c) a juicer (d) a cooler box
  2. 2.🔍 Which is the odd one out? (a) a folding table (b) a price board (c) card paper (d) a cash box
  3. 3.🔍 Which is the odd one out? (a) card paper (b) sugar (c) a cloth banner (d) paper cups
  4. 4.Meera’s stall budget is ₹730. Lemons cost ₹20, a price board cost ₹180 and ribbon cost ₹290. How many rupees of the budget are left?
  5. 5.True or false: “sugar” is a running cost. (a) False (b) True
  6. 6.Zoya has ₹210 to spend on sheets of card paper. One sheet of card paper costs ₹8. What is the greatest number of sheets of card paper Zoya can buy?
  7. 7.📒 One-time cost or running cost: card paper? (a) a running cost (b) a one-time cost
  8. 8.Which of these is a running cost? (a) a cooler box (b) sugar (c) a cash box (d) a price board
  9. 9.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  10. 10.True or false: “ice” is a running cost. (a) False (b) True
  11. 11.Which of these is a running cost? (a) ice (b) a cooler box (c) a folding table (d) a juicer
  12. 12.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  13. 13.Which of these is a one-time cost? (a) card paper (b) paper cups (c) a cloth banner (d) sugar
  14. 14.🔍 Which is the odd one out? (a) ice (b) a cloth banner (c) a cash box (d) a juicer
  15. 15.Kabir plans to make 12 handmade cards. Each needs ₹4 of materials, and a banner costs ₹300 once. What total budget is needed (in ₹)?
  16. 16.Which of these is a one-time cost? (a) tea leaves and milk (b) a cooler box (c) lemons (d) card paper
  17. 17.True or false: “seeds and soil” is a one-time cost. (a) True (b) False
  18. 18.Dev has a budget of ₹300. The stock costs ₹80 and the stall fee is ₹210. Is the budget enough? (a) No (b) Yes
  19. 19.Which of these is a running cost? (a) seeds and soil (b) a folding table (c) a price board (d) a cloth banner
  20. 20.🔍 Which is the odd one out? (a) paper cups (b) a cash box (c) ice (d) tea leaves and milk
  21. 21.📒 One-time cost or running cost: ice? (a) a one-time cost (b) a running cost
  22. 22.Vihaan has ₹490 to spend on rolls of ribbon. One roll of ribbon costs ₹6. What is the greatest number of rolls of ribbon Vihaan can buy?
  23. 23.True or false: “card paper” is a running cost. (a) True (b) False
  24. 24.🔍 Which is the odd one out? (a) lemons (b) seeds and soil (c) sugar (d) a cooler box
  25. 25.Which of these is a running cost? (a) a cash box (b) a juicer (c) lemons (d) a price board
  26. 26.Rohan has a budget of ₹1000. The stock costs ₹430 and the stall fee is ₹530. Is the budget enough? (a) No (b) Yes
  27. 27.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  28. 28.Diya has ₹440 to spend on packets of seeds. One packet of seeds costs ₹15. What is the greatest number of packets of seeds Diya can buy?
  29. 29.Joseph’s stall budget is ₹650. A price board cost ₹20, paper cups cost ₹80 and napkins cost ₹250. How many rupees of the budget are left?
  30. 30.Rohan has ₹390 to spend on packs of cups. One pack of cups costs ₹20. What is the greatest number of packs of cups Rohan can buy?
  31. 31.🔍 Which is the odd one out? (a) a price board (b) a cloth banner (c) lemons (d) a folding table
  32. 32.Which of these is a running cost? (a) a cloth banner (b) a price board (c) a juicer (d) paper cups
  33. 33.Which of these is a one-time cost? (a) tea leaves and milk (b) a folding table (c) lemons (d) sugar
  34. 34.True or false: “paper cups” is a one-time cost. (a) False (b) True
  35. 35.Gurpreet’s stall budget is ₹460. Pots cost ₹20, lemons cost ₹100 and seeds cost ₹140. How many rupees of the budget are left?
  36. 36.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost
  37. 37.Farhan has a budget of ₹400. The stock costs ₹60 and the stall fee is ₹370. Is the budget enough? (a) No (b) Yes
  38. 38.Aarav has ₹60 to spend on packs of cups. One pack of cups costs ₹15. What is the greatest number of packs of cups Aarav can buy?
  39. 39.Zoya’s stall budget is ₹780. Ribbon cost ₹250, sugar cost ₹130 and card paper cost ₹280. How many rupees of the budget are left?
  40. 40.True or false: “ice” is a one-time cost. (a) False (b) True

Answer key

  1. paper cups
  2. card paper
  3. a cloth banner
  4. 240
  5. True
  6. 26
  7. a running cost
  8. sugar
  9. a one-time cost
  10. True
  11. ice
  12. a one-time cost
  13. a cloth banner
  14. ice
  15. 348
  16. a cooler box
  17. False
  18. Yes
  19. seeds and soil
  20. a cash box
  21. a running cost
  22. 81
  23. True
  24. a cooler box
  25. lemons
  26. Yes
  27. a one-time cost
  28. 29
  29. 300
  30. 19
  31. lemons
  32. paper cups
  33. a folding table
  34. False
  35. 200
  36. a one-time cost
  37. No
  38. 4
  39. 120
  40. False

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