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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 345 · 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: “a cooler box” is a running cost. (a) True (b) False
  2. 2.True or false: “card paper” is a one-time cost. (a) True (b) False
  3. 3.Joseph plans to make 49 cups of lemonade. Each needs ₹3 of materials, and a banner costs ₹60 once. What total budget is needed (in ₹)?
  4. 4.🔍 Which is the odd one out? (a) ice (b) lemons (c) a folding table (d) card paper
  5. 5.Dev’s stall budget is ₹500. Sugar cost ₹230, seeds cost ₹50 and a price board cost ₹140. How many rupees of the budget are left?
  6. 6.Farhan has ₹410 to spend on packets of seeds. One packet of seeds costs ₹12. What is the greatest number of packets of seeds Farhan can buy?
  7. 7.True or false: “sugar” is a one-time cost. (a) True (b) False
  8. 8.Ishaan’s stall budget is ₹320. Lemons cost ₹60, paper cups cost ₹30 and ribbon cost ₹150. How many rupees of the budget are left?
  9. 9.🔍 Which is the odd one out? (a) a cooler box (b) a juicer (c) a price board (d) paper cups
  10. 10.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost
  11. 11.Ananya’s stall budget is ₹680. Card paper cost ₹110, ribbon cost ₹260 and paper cups cost ₹100. How many rupees of the budget are left?
  12. 12.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  13. 13.📒 One-time cost or running cost: tea leaves and milk? (a) a running cost (b) a one-time cost
  14. 14.Kabir has ₹190 to spend on sheets of card paper. One sheet of card paper costs ₹6. What is the greatest number of sheets of card paper Kabir can buy?
  15. 15.Which of these is a one-time cost? (a) paper cups (b) lemons (c) a price board (d) tea leaves and milk
  16. 16.Vihaan has a budget of ₹300. The stock costs ₹130 and the stall fee is ₹160. Is the budget enough? (a) Yes (b) No
  17. 17.True or false: “a price board” is a one-time cost. (a) True (b) False
  18. 18.Which of these is a running cost? (a) a folding table (b) a price board (c) card paper (d) a cloth banner
  19. 19.Dev’s stall budget is ₹700. Ribbon cost ₹160, sugar cost ₹130 and paper cups cost ₹230. How many rupees of the budget are left?
  20. 20.🔍 Which is the odd one out? (a) a cash box (b) lemons (c) card paper (d) sugar
  21. 21.🔍 Which is the odd one out? (a) a folding table (b) a juicer (c) a cloth banner (d) ice
  22. 22.True or false: “seeds and soil” is a running cost. (a) True (b) False
  23. 23.📒 One-time cost or running cost: sugar? (a) a one-time cost (b) a running cost
  24. 24.🔍 Which is the odd one out? (a) lemons (b) ice (c) a cooler box (d) seeds and soil
  25. 25.Which of these is a running cost? (a) lemons (b) a cooler box (c) a cloth banner (d) a price board
  26. 26.Vihaan’s stall budget is ₹660. Pots cost ₹200, a banner cost ₹140 and seeds cost ₹40. How many rupees of the budget are left?
  27. 27.Which of these is a one-time cost? (a) tea leaves and milk (b) paper cups (c) sugar (d) a cloth banner
  28. 28.🔍 Which is the odd one out? (a) a juicer (b) a folding table (c) a cooler box (d) lemons
  29. 29.Rohan has ₹280 to spend on packets of seeds. One packet of seeds costs ₹8. What is the greatest number of packets of seeds Rohan can buy?
  30. 30.📒 One-time cost or running cost: lemons? (a) a running cost (b) a one-time cost
  31. 31.Gurpreet’s stall budget is ₹650. Paper cups cost ₹180, ribbon cost ₹210 and a banner cost ₹210. How many rupees of the budget are left?
  32. 32.True or false: “a price board” is a running cost. (a) False (b) True
  33. 33.Which of these is a running cost? (a) a juicer (b) seeds and soil (c) a price board (d) a folding table
  34. 34.🔍 Which is the odd one out? (a) card paper (b) sugar (c) a price board (d) seeds and soil
  35. 35.Ishaan’s stall budget is ₹620. Napkins cost ₹80, ribbon cost ₹190 and card paper cost ₹270. How many rupees of the budget are left?
  36. 36.Ishaan’s stall budget is ₹720. A price board cost ₹290, napkins cost ₹150 and card paper cost ₹200. How many rupees of the budget are left?
  37. 37.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  38. 38.🔍 Which is the odd one out? (a) a folding table (b) a cooler box (c) tea leaves and milk (d) a cloth banner
  39. 39.Lakshmi has a budget of ₹500. The stock costs ₹110 and the stall fee is ₹440. Is the budget enough? (a) Yes (b) No
  40. 40.Nisha plans to make 15 paper bookmarks. Each needs ₹8 of materials, and a banner costs ₹120 once. What total budget is needed (in ₹)?

Answer key

  1. False
  2. False
  3. 207
  4. a folding table
  5. 80
  6. 34
  7. False
  8. 80
  9. paper cups
  10. a one-time cost
  11. 210
  12. a one-time cost
  13. a running cost
  14. 31
  15. a price board
  16. Yes
  17. True
  18. card paper
  19. 180
  20. a cash box
  21. ice
  22. True
  23. a running cost
  24. a cooler box
  25. lemons
  26. 280
  27. a cloth banner
  28. lemons
  29. 35
  30. a running cost
  31. 50
  32. False
  33. seeds and soil
  34. a price board
  35. 80
  36. 80
  37. a one-time cost
  38. tea leaves and milk
  39. No
  40. 240

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