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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 361 · 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 of these is a running cost? (a) a price board (b) a cash box (c) a cloth banner (d) sugar
  2. 2.🔍 Which is the odd one out? (a) a folding table (b) seeds and soil (c) ice (d) tea leaves and milk
  3. 3.Arjun plans to make 32 bags of popcorn. Each needs ₹4 of materials, and a banner costs ₹90 once. What total budget is needed (in ₹)?
  4. 4.Which of these is a one-time cost? (a) seeds and soil (b) sugar (c) a cash box (d) card paper
  5. 5.Which of these is a running cost? (a) a juicer (b) a cloth banner (c) card paper (d) a cooler box
  6. 6.🔍 Which is the odd one out? (a) seeds and soil (b) a cloth banner (c) lemons (d) ice
  7. 7.📒 One-time cost or running cost: a price board? (a) a one-time cost (b) a running cost
  8. 8.Which of these is a one-time cost? (a) a juicer (b) sugar (c) paper cups (d) ice
  9. 9.Saanvi has ₹340 to spend on packets of seeds. One packet of seeds costs ₹15. What is the greatest number of packets of seeds Saanvi can buy?
  10. 10.Gurpreet’s stall budget is ₹880. Lemons cost ₹180, pots cost ₹230 and a price board cost ₹220. How many rupees of the budget are left?
  11. 11.True or false: “ice” is a one-time cost. (a) True (b) False
  12. 12.📒 One-time cost or running cost: card paper? (a) a running cost (b) a one-time cost
  13. 13.True or false: “a cloth banner” is a one-time cost. (a) False (b) True
  14. 14.Nisha plans to make 33 fruit cups. Each needs ₹3 of materials, and a banner costs ₹50 once. What total budget is needed (in ₹)?
  15. 15.Which of these is a one-time cost? (a) ice (b) seeds and soil (c) a cooler box (d) tea leaves and milk
  16. 16.Kabir’s stall budget is ₹690. Seeds cost ₹300, ribbon cost ₹300 and a banner cost ₹70. How many rupees of the budget are left?
  17. 17.🔍 Which is the odd one out? (a) a price board (b) card paper (c) a cloth banner (d) a folding table
  18. 18.True or false: “seeds and soil” is a one-time cost. (a) False (b) True
  19. 19.Kabir has ₹90 to spend on sheets of card paper. One sheet of card paper costs ₹4. What is the greatest number of sheets of card paper Kabir can buy?
  20. 20.🔍 Which is the odd one out? (a) ice (b) lemons (c) sugar (d) a cash box
  21. 21.Dev plans to make 37 jute bags. Each needs ₹3 of materials, and a banner costs ₹120 once. What total budget is needed (in ₹)?
  22. 22.Ishaan has ₹200 to spend on lemons. One lemon costs ₹10. What is the greatest number of lemons Ishaan can buy?
  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) seeds and soil (b) lemons (c) paper cups (d) a price board
  25. 25.Farhan has ₹140 to spend on rolls of ribbon. One roll of ribbon costs ₹6. What is the greatest number of rolls of ribbon Farhan can buy?
  26. 26.🔍 Which is the odd one out? (a) a cloth banner (b) a juicer (c) a folding table (d) ice
  27. 27.Vihaan has a budget of ₹800. The stock costs ₹340 and the stall fee is ₹450. Is the budget enough? (a) No (b) Yes
  28. 28.🔍 Which is the odd one out? (a) a cash box (b) tea leaves and milk (c) a cooler box (d) a cloth banner
  29. 29.Which of these is a running cost? (a) a folding table (b) ice (c) a cooler box (d) a cash box
  30. 30.Kavya has ₹260 to spend on packs of cups. One pack of cups costs ₹10. What is the greatest number of packs of cups Kavya can buy?
  31. 31.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost
  32. 32.📒 One-time cost or running cost: a cash box? (a) a one-time cost (b) a running cost
  33. 33.🔍 Which is the odd one out? (a) sugar (b) lemons (c) a cooler box (d) ice
  34. 34.Zoya’s stall budget is ₹720. A banner cost ₹170, napkins cost ₹230 and ribbon cost ₹20. How many rupees of the budget are left?
  35. 35.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  36. 36.Zoya plans to make 17 glasses of chai. Each needs ₹5 of materials, and a banner costs ₹150 once. What total budget is needed (in ₹)?
  37. 37.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
  38. 38.Dev has a budget of ₹500. The stock costs ₹120 and the stall fee is ₹340. Is the budget enough? (a) Yes (b) No
  39. 39.Which of these is a one-time cost? (a) paper cups (b) a folding table (c) seeds and soil (d) card paper
  40. 40.Vihaan plans to make 21 cups of lemonade. Each needs ₹9 of materials, and a banner costs ₹270 once. What total budget is needed (in ₹)?

Answer key

  1. sugar
  2. a folding table
  3. 218
  4. a cash box
  5. card paper
  6. a cloth banner
  7. a one-time cost
  8. a juicer
  9. 22
  10. 250
  11. False
  12. a running cost
  13. True
  14. 149
  15. a cooler box
  16. 20
  17. card paper
  18. False
  19. 22
  20. a cash box
  21. 231
  22. 20
  23. a running cost
  24. a price board
  25. 23
  26. ice
  27. Yes
  28. tea leaves and milk
  29. ice
  30. 26
  31. a one-time cost
  32. a one-time cost
  33. a cooler box
  34. 300
  35. a one-time cost
  36. 235
  37. a running cost
  38. Yes
  39. a folding table
  40. 459

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