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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 394 · 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) paper cups (b) a price board (c) ice (d) seeds and soil
  2. 2.Aarav’s stall budget is ₹780. Paper cups cost ₹230, a banner cost ₹110 and sugar cost ₹210. How many rupees of the budget are left?
  3. 3.📒 One-time cost or running cost: paper cups? (a) a running cost (b) a one-time cost
  4. 4.True or false: “a cooler box” is a one-time cost. (a) True (b) False
  5. 5.Which of these is a running cost? (a) a cooler box (b) a folding table (c) a cash box (d) seeds and soil
  6. 6.Which of these is a running cost? (a) a cloth banner (b) a price board (c) tea leaves and milk (d) a juicer
  7. 7.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
  8. 8.Which of these is a one-time cost? (a) lemons (b) ice (c) a folding table (d) tea leaves and milk
  9. 9.True or false: “a folding table” is a one-time cost. (a) False (b) True
  10. 10.Farhan’s stall budget is ₹550. Lemons cost ₹20, a banner cost ₹100 and card paper cost ₹230. How many rupees of the budget are left?
  11. 11.Farhan has ₹280 to spend on lemons. One lemon costs ₹4. What is the greatest number of lemons Farhan can buy?
  12. 12.🔍 Which is the odd one out? (a) a cooler box (b) paper cups (c) a juicer (d) a cloth banner
  13. 13.Joseph has ₹410 to spend on sheets of card paper. One sheet of card paper costs ₹8. What is the greatest number of sheets of card paper Joseph can buy?
  14. 14.Ishaan plans to make 16 clay diyas. Each needs ₹5 of materials, and a banner costs ₹50 once. What total budget is needed (in ₹)?
  15. 15.🔍 Which is the odd one out? (a) tea leaves and milk (b) a folding table (c) a cloth banner (d) a cash box
  16. 16.🔍 Which is the odd one out? (a) sugar (b) card paper (c) a juicer (d) seeds and soil
  17. 17.Lakshmi plans to make 45 cups of lemonade. Each needs ₹10 of materials, and a banner costs ₹170 once. What total budget is needed (in ₹)?
  18. 18.True or false: “lemons” is a running cost. (a) True (b) False
  19. 19.🔍 Which is the odd one out? (a) lemons (b) card paper (c) a price board (d) seeds and soil
  20. 20.Vihaan has ₹80 to spend on packets of seeds. One packet of seeds costs ₹15. What is the greatest number of packets of seeds Vihaan can buy?
  21. 21.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  22. 22.Nisha has a budget of ₹900. The stock costs ₹50 and the stall fee is ₹800. Is the budget enough? (a) No (b) Yes
  23. 23.Gurpreet has ₹120 to spend on sheets of card paper. One sheet of card paper costs ₹6. What is the greatest number of sheets of card paper Gurpreet can buy?
  24. 24.Kabir has ₹360 to spend on rolls of ribbon. One roll of ribbon costs ₹20. What is the greatest number of rolls of ribbon Kabir can buy?
  25. 25.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  26. 26.Aarav has ₹70 to spend on sheets of card paper. One sheet of card paper costs ₹5. What is the greatest number of sheets of card paper Aarav can buy?
  27. 27.Aarav plans to make 37 clay diyas. Each needs ₹8 of materials, and a banner costs ₹110 once. What total budget is needed (in ₹)?
  28. 28.Kavya plans to make 17 glasses of chai. Each needs ₹7 of materials, and a banner costs ₹100 once. What total budget is needed (in ₹)?
  29. 29.Which of these is a one-time cost? (a) a cash box (b) lemons (c) ice (d) paper cups
  30. 30.Ishaan’s stall budget is ₹710. Lemons cost ₹200, pots cost ₹190 and card paper cost ₹180. How many rupees of the budget are left?
  31. 31.🔍 Which is the odd one out? (a) card paper (b) a folding table (c) lemons (d) tea leaves and milk
  32. 32.Lakshmi has a budget of ₹1000. The stock costs ₹120 and the stall fee is ₹870. Is the budget enough? (a) Yes (b) No
  33. 33.True or false: “a price board” is a running cost. (a) False (b) True
  34. 34.📒 One-time cost or running cost: lemons? (a) a running cost (b) a one-time cost
  35. 35.Which of these is a one-time cost? (a) paper cups (b) a juicer (c) seeds and soil (d) ice
  36. 36.Arjun plans to make 32 glasses of chai. Each needs ₹5 of materials, and a banner costs ₹160 once. What total budget is needed (in ₹)?
  37. 37.Which of these is a running cost? (a) a cloth banner (b) a price board (c) lemons (d) a juicer
  38. 38.📒 One-time cost or running cost: a cloth banner? (a) a one-time cost (b) a running cost
  39. 39.Which of these is a one-time cost? (a) card paper (b) tea leaves and milk (c) a cloth banner (d) paper cups
  40. 40.Joseph’s stall budget is ₹560. Lemons cost ₹150, sugar cost ₹100 and paper cups cost ₹160. How many rupees of the budget are left?

Answer key

  1. a price board
  2. 230
  3. a running cost
  4. True
  5. seeds and soil
  6. tea leaves and milk
  7. a one-time cost
  8. a folding table
  9. True
  10. 200
  11. 70
  12. paper cups
  13. 51
  14. 130
  15. tea leaves and milk
  16. a juicer
  17. 620
  18. True
  19. a price board
  20. 5
  21. a one-time cost
  22. Yes
  23. 20
  24. 18
  25. a one-time cost
  26. 14
  27. 406
  28. 219
  29. a cash box
  30. 140
  31. a folding table
  32. Yes
  33. False
  34. a running cost
  35. a juicer
  36. 320
  37. lemons
  38. a one-time cost
  39. a cloth banner
  40. 150

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