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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 38 · 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 one-time cost? (a) ice (b) sugar (c) paper cups (d) a cooler box
  2. 2.📒 One-time cost or running cost: card paper? (a) a running cost (b) a one-time cost
  3. 3.📒 One-time cost or running cost: paper cups? (a) a running cost (b) a one-time cost
  4. 4.Kabir’s stall budget is ₹600. A banner cost ₹260, card paper cost ₹290 and lemons cost ₹30. How many rupees of the budget are left?
  5. 5.Nisha has a budget of ₹800. The stock costs ₹210 and the stall fee is ₹600. Is the budget enough? (a) Yes (b) No
  6. 6.Diya’s stall budget is ₹620. Sugar cost ₹200, card paper cost ₹240 and a banner cost ₹150. How many rupees of the budget are left?
  7. 7.Nisha has a budget of ₹600. The stock costs ₹200 and the stall fee is ₹370. Is the budget enough? (a) No (b) Yes
  8. 8.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  9. 9.Which of these is a one-time cost? (a) sugar (b) paper cups (c) ice (d) a price board
  10. 10.Vihaan plans to make 22 glasses of chai. Each needs ₹4 of materials, and a banner costs ₹270 once. What total budget is needed (in ₹)?
  11. 11.Arjun’s stall budget is ₹220. Seeds cost ₹30, card paper cost ₹30 and napkins cost ₹120. How many rupees of the budget are left?
  12. 12.Diya’s stall budget is ₹740. Paper cups cost ₹30, lemons cost ₹200 and a price board cost ₹270. How many rupees of the budget are left?
  13. 13.📒 One-time cost or running cost: lemons? (a) a one-time cost (b) a running cost
  14. 14.Rohan has a budget of ₹500. The stock costs ₹80 and the stall fee is ₹420. Is the budget enough? (a) No (b) Yes
  15. 15.🔍 Which is the odd one out? (a) ice (b) a juicer (c) card paper (d) tea leaves and milk
  16. 16.True or false: “ice” is a one-time cost. (a) True (b) False
  17. 17.🔍 Which is the odd one out? (a) lemons (b) a cooler box (c) paper cups (d) card paper
  18. 18.Farhan has a budget of ₹800. The stock costs ₹200 and the stall fee is ₹590. Is the budget enough? (a) Yes (b) No
  19. 19.Farhan plans to make 35 friendship bands. Each needs ₹3 of materials, and a banner costs ₹70 once. What total budget is needed (in ₹)?
  20. 20.True or false: “a cooler box” is a one-time cost. (a) True (b) False
  21. 21.Joseph’s stall budget is ₹260. Lemons cost ₹80, a banner cost ₹50 and a price board cost ₹50. How many rupees of the budget are left?
  22. 22.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost
  23. 23.🔍 Which is the odd one out? (a) a folding table (b) card paper (c) a price board (d) a cloth banner
  24. 24.🔍 Which is the odd one out? (a) lemons (b) a folding table (c) a cloth banner (d) a juicer
  25. 25.Gurpreet has ₹220 to spend on sheets of card paper. One sheet of card paper costs ₹8. What is the greatest number of sheets of card paper Gurpreet can buy?
  26. 26.True or false: “lemons” is a running cost. (a) False (b) True
  27. 27.🔍 Which is the odd one out? (a) card paper (b) ice (c) paper cups (d) a price board
  28. 28.True or false: “card paper” is a one-time cost. (a) False (b) True
  29. 29.Which of these is a one-time cost? (a) lemons (b) tea leaves and milk (c) seeds and soil (d) a juicer
  30. 30.Dev has ₹470 to spend on packets of seeds. One packet of seeds costs ₹5. What is the greatest number of packets of seeds Dev can buy?
  31. 31.Kavya has a budget of ₹500. The stock costs ₹130 and the stall fee is ₹420. Is the budget enough? (a) Yes (b) No
  32. 32.Arjun’s stall budget is ₹540. Ribbon cost ₹240, a banner cost ₹230 and lemons cost ₹20. How many rupees of the budget are left?
  33. 33.Tara has a budget of ₹1000. The stock costs ₹210 and the stall fee is ₹830. Is the budget enough? (a) Yes (b) No
  34. 34.Tara has a budget of ₹400. The stock costs ₹130 and the stall fee is ₹300. Is the budget enough? (a) No (b) Yes
  35. 35.Which of these is a one-time cost? (a) a cash box (b) seeds and soil (c) lemons (d) sugar
  36. 36.Meera plans to make 30 cups of lemonade. Each needs ₹6 of materials, and a banner costs ₹250 once. What total budget is needed (in ₹)?
  37. 37.Riya’s stall budget is ₹540. Pots cost ₹160, sugar cost ₹150 and paper cups cost ₹120. How many rupees of the budget are left?
  38. 38.Gurpreet’s stall budget is ₹670. Sugar cost ₹230, pots cost ₹250 and a banner cost ₹130. How many rupees of the budget are left?
  39. 39.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost
  40. 40.Zoya has a budget of ₹600. The stock costs ₹160 and the stall fee is ₹430. Is the budget enough? (a) No (b) Yes

Answer key

  1. a cooler box
  2. a running cost
  3. a running cost
  4. 20
  5. No
  6. 30
  7. Yes
  8. a one-time cost
  9. a price board
  10. 358
  11. 40
  12. 240
  13. a running cost
  14. Yes
  15. a juicer
  16. False
  17. a cooler box
  18. Yes
  19. 175
  20. True
  21. 80
  22. a one-time cost
  23. card paper
  24. lemons
  25. 27
  26. True
  27. a price board
  28. False
  29. a juicer
  30. 94
  31. No
  32. 50
  33. No
  34. No
  35. a cash box
  36. 430
  37. 110
  38. 60
  39. a one-time cost
  40. Yes

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