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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 339 · 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) card paper (b) a juicer (c) tea leaves and milk (d) lemons
  2. 2.Farhan plans to make 26 glasses of chai. Each needs ₹4 of materials, and a banner costs ₹190 once. What total budget is needed (in ₹)?
  3. 3.🔍 Which is the odd one out? (a) a cloth banner (b) a juicer (c) tea leaves and milk (d) a folding table
  4. 4.True or false: “card paper” is a running cost. (a) True (b) False
  5. 5.Which of these is a one-time cost? (a) card paper (b) seeds and soil (c) a price board (d) ice
  6. 6.Aarav plans to make 42 cups of lemonade. Each needs ₹9 of materials, and a banner costs ₹230 once. What total budget is needed (in ₹)?
  7. 7.Kabir’s stall budget is ₹920. Pots cost ₹300, card paper cost ₹230 and sugar cost ₹140. How many rupees of the budget are left?
  8. 8.Which of these is a running cost? (a) a juicer (b) seeds and soil (c) a folding table (d) a price board
  9. 9.True or false: “a cooler box” is a one-time cost. (a) False (b) True
  10. 10.🔍 Which is the odd one out? (a) a folding table (b) a price board (c) a cash box (d) seeds and soil
  11. 11.True or false: “a juicer” is a one-time cost. (a) False (b) True
  12. 12.Diya has a budget of ₹300. The stock costs ₹110 and the stall fee is ₹190. Is the budget enough? (a) Yes (b) No
  13. 13.Nisha’s stall budget is ₹430. Lemons cost ₹120, napkins cost ₹20 and sugar cost ₹200. How many rupees of the budget are left?
  14. 14.True or false: “ice” is a running cost. (a) True (b) False
  15. 15.Meera plans to make 23 cupcakes. Each needs ₹8 of materials, and a banner costs ₹100 once. What total budget is needed (in ₹)?
  16. 16.True or false: “card paper” is a one-time cost. (a) False (b) True
  17. 17.🔍 Which is the odd one out? (a) seeds and soil (b) a price board (c) card paper (d) paper cups
  18. 18.Which of these is a one-time cost? (a) a folding table (b) seeds and soil (c) lemons (d) sugar
  19. 19.True or false: “lemons” is a one-time cost. (a) False (b) True
  20. 20.Farhan’s stall budget is ₹880. Lemons cost ₹300, sugar cost ₹240 and seeds cost ₹290. How many rupees of the budget are left?
  21. 21.🔍 Which is the odd one out? (a) seeds and soil (b) a cooler box (c) paper cups (d) card paper
  22. 22.Gurpreet has ₹280 to spend on packets of seeds. One packet of seeds costs ₹12. What is the greatest number of packets of seeds Gurpreet can buy?
  23. 23.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  24. 24.Zoya has ₹430 to spend on rolls of ribbon. One roll of ribbon costs ₹6. What is the greatest number of rolls of ribbon Zoya can buy?
  25. 25.Tara plans to make 46 paper bookmarks. Each needs ₹2 of materials, and a banner costs ₹230 once. What total budget is needed (in ₹)?
  26. 26.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost
  27. 27.Saanvi has a budget of ₹1000. The stock costs ₹110 and the stall fee is ₹870. Is the budget enough? (a) No (b) Yes
  28. 28.Riya plans to make 43 handmade cards. Each needs ₹2 of materials, and a banner costs ₹60 once. What total budget is needed (in ₹)?
  29. 29.Ishaan plans to make 43 handmade cards. Each needs ₹10 of materials, and a banner costs ₹80 once. What total budget is needed (in ₹)?
  30. 30.🔍 Which is the odd one out? (a) a price board (b) sugar (c) a folding table (d) a cooler box
  31. 31.True or false: “a juicer” is a running cost. (a) False (b) True
  32. 32.True or false: “seeds and soil” is a running cost. (a) True (b) False
  33. 33.Rohan’s stall budget is ₹470. Card paper cost ₹160, a price board cost ₹30 and sugar cost ₹140. How many rupees of the budget are left?
  34. 34.Which of these is a running cost? (a) a folding table (b) a cooler box (c) paper cups (d) a cash box
  35. 35.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  36. 36.Gurpreet has a budget of ₹600. The stock costs ₹210 and the stall fee is ₹340. Is the budget enough? (a) Yes (b) No
  37. 37.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost
  38. 38.True or false: “seeds and soil” is a one-time cost. (a) False (b) True
  39. 39.Joseph has a budget of ₹400. The stock costs ₹160 and the stall fee is ₹190. Is the budget enough? (a) No (b) Yes
  40. 40.Tara has ₹160 to spend on sheets of card paper. One sheet of card paper costs ₹15. What is the greatest number of sheets of card paper Tara can buy?

Answer key

  1. a juicer
  2. 294
  3. tea leaves and milk
  4. True
  5. a price board
  6. 608
  7. 250
  8. seeds and soil
  9. True
  10. seeds and soil
  11. True
  12. Yes
  13. 90
  14. True
  15. 284
  16. False
  17. a price board
  18. a folding table
  19. False
  20. 50
  21. a cooler box
  22. 23
  23. a one-time cost
  24. 71
  25. 322
  26. a one-time cost
  27. Yes
  28. 146
  29. 510
  30. sugar
  31. False
  32. True
  33. 140
  34. paper cups
  35. a one-time cost
  36. Yes
  37. a one-time cost
  38. False
  39. Yes
  40. 10

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