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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 40 · 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) paper cups (b) a price board (c) tea leaves and milk (d) sugar
  2. 2.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
  3. 3.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost
  4. 4.📒 One-time cost or running cost: a cloth banner? (a) a one-time cost (b) a running cost
  5. 5.Which of these is a one-time cost? (a) sugar (b) tea leaves and milk (c) a cash box (d) paper cups
  6. 6.📒 One-time cost or running cost: lemons? (a) a one-time cost (b) a running cost
  7. 7.True or false: “a price board” is a running cost. (a) False (b) True
  8. 8.True or false: “a cooler box” is a running cost. (a) True (b) False
  9. 9.True or false: “a price board” is a one-time cost. (a) False (b) True
  10. 10.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
  11. 11.📒 One-time cost or running cost: sugar? (a) a one-time cost (b) a running cost
  12. 12.Which of these is a one-time cost? (a) seeds and soil (b) sugar (c) ice (d) a cooler box
  13. 13.🔍 Which is the odd one out? (a) a folding table (b) a cloth banner (c) paper cups (d) a cooler box
  14. 14.Which of these is a running cost? (a) a cooler box (b) a folding table (c) sugar (d) a price board
  15. 15.Aarav has ₹230 to spend on packs of cups. One pack of cups costs ₹15. What is the greatest number of packs of cups Aarav can buy?
  16. 16.Nisha’s stall budget is ₹540. Ribbon cost ₹100, a banner cost ₹90 and sugar cost ₹170. How many rupees of the budget are left?
  17. 17.Gurpreet has ₹210 to spend on sheets of card paper. One sheet of card paper costs ₹10. What is the greatest number of sheets of card paper Gurpreet can buy?
  18. 18.Aarav’s stall budget is ₹470. Sugar cost ₹30, a banner cost ₹70 and seeds cost ₹70. How many rupees of the budget are left?
  19. 19.Gurpreet’s stall budget is ₹520. Sugar cost ₹200, ribbon cost ₹210 and paper cups cost ₹50. How many rupees of the budget are left?
  20. 20.Aarav’s stall budget is ₹530. Seeds cost ₹50, ribbon cost ₹280 and a price board cost ₹190. How many rupees of the budget are left?
  21. 21.Rohan plans to make 38 paper bookmarks. Each needs ₹3 of materials, and a banner costs ₹130 once. What total budget is needed (in ₹)?
  22. 22.Lakshmi has a budget of ₹600. The stock costs ₹80 and the stall fee is ₹470. Is the budget enough? (a) Yes (b) No
  23. 23.Which of these is a running cost? (a) a cash box (b) a cloth banner (c) lemons (d) a folding table
  24. 24.Lakshmi’s stall budget is ₹900. Napkins cost ₹240, card paper cost ₹230 and lemons cost ₹240. How many rupees of the budget are left?
  25. 25.Meera has a budget of ₹500. The stock costs ₹80 and the stall fee is ₹460. Is the budget enough? (a) No (b) Yes
  26. 26.Kabir has ₹140 to spend on packets of seeds. One packet of seeds costs ₹5. What is the greatest number of packets of seeds Kabir can buy?
  27. 27.Which of these is a running cost? (a) card paper (b) a juicer (c) a cloth banner (d) a cash box
  28. 28.Vihaan’s stall budget is ₹420. Lemons cost ₹30, pots cost ₹160 and paper cups cost ₹120. How many rupees of the budget are left?
  29. 29.Which of these is a running cost? (a) a cash box (b) a price board (c) a folding table (d) tea leaves and milk
  30. 30.Ishaan has ₹120 to spend on packs of cups. One pack of cups costs ₹20. What is the greatest number of packs of cups Ishaan can buy?
  31. 31.Ishaan plans to make 18 paper bookmarks. Each needs ₹4 of materials, and a banner costs ₹170 once. What total budget is needed (in ₹)?
  32. 32.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
  33. 33.📒 One-time cost or running cost: paper cups? (a) a running cost (b) a one-time cost
  34. 34.Joseph has a budget of ₹700. The stock costs ₹300 and the stall fee is ₹390. Is the budget enough? (a) No (b) Yes
  35. 35.📒 One-time cost or running cost: seeds and soil? (a) a running cost (b) a one-time cost
  36. 36.Kavya plans to make 16 paper bookmarks. Each needs ₹10 of materials, and a banner costs ₹80 once. What total budget is needed (in ₹)?
  37. 37.Aarav plans to make 41 paper bookmarks. Each needs ₹5 of materials, and a banner costs ₹130 once. What total budget is needed (in ₹)?
  38. 38.Saanvi’s stall budget is ₹360. Seeds cost ₹100, ribbon cost ₹170 and card paper cost ₹70. How many rupees of the budget are left?
  39. 39.Vihaan plans to make 48 bags of popcorn. Each needs ₹3 of materials, and a banner costs ₹160 once. What total budget is needed (in ₹)?
  40. 40.Rohan’s stall budget is ₹720. A banner cost ₹210, card paper cost ₹290 and a price board cost ₹150. How many rupees of the budget are left?

Answer key

  1. a price board
  2. a one-time cost
  3. a one-time cost
  4. a one-time cost
  5. a cash box
  6. a running cost
  7. False
  8. False
  9. True
  10. a running cost
  11. a running cost
  12. a cooler box
  13. paper cups
  14. sugar
  15. 15
  16. 180
  17. 21
  18. 300
  19. 60
  20. 10
  21. 244
  22. Yes
  23. lemons
  24. 190
  25. No
  26. 28
  27. card paper
  28. 110
  29. tea leaves and milk
  30. 6
  31. 242
  32. a one-time cost
  33. a running cost
  34. Yes
  35. a running cost
  36. 240
  37. 335
  38. 20
  39. 304
  40. 70

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