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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 425 · 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.📒 One-time cost or running cost: paper cups? (a) a one-time cost (b) a running cost
  2. 2.Diya’s stall budget is ₹770. Paper cups cost ₹230, a banner cost ₹20 and a price board cost ₹290. How many rupees of the budget are left?
  3. 3.Riya has a budget of ₹900. The stock costs ₹450 and the stall fee is ₹460. Is the budget enough? (a) No (b) Yes
  4. 4.True or false: “a cloth banner” is a one-time cost. (a) False (b) True
  5. 5.Aarav 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 Aarav can buy?
  6. 6.True or false: “a cloth banner” is a running cost. (a) True (b) False
  7. 7.Which of these is a running cost? (a) a price board (b) a cloth banner (c) a cooler box (d) lemons
  8. 8.🔍 Which is the odd one out? (a) lemons (b) paper cups (c) ice (d) a folding table
  9. 9.🔍 Which is the odd one out? (a) a juicer (b) a folding table (c) sugar (d) a cash box
  10. 10.🔍 Which is the odd one out? (a) a cooler box (b) ice (c) a folding table (d) a cloth banner
  11. 11.🔍 Which is the odd one out? (a) a folding table (b) a cash box (c) tea leaves and milk (d) a juicer
  12. 12.True or false: “card paper” is a one-time cost. (a) False (b) True
  13. 13.Which of these is a one-time cost? (a) ice (b) paper cups (c) card paper (d) a juicer
  14. 14.True or false: “a folding table” is a running cost. (a) False (b) True
  15. 15.Which of these is a running cost? (a) a cooler box (b) card paper (c) a cash box (d) a folding table
  16. 16.📒 One-time cost or running cost: sugar? (a) a running cost (b) a one-time cost
  17. 17.🔍 Which is the odd one out? (a) a juicer (b) tea leaves and milk (c) paper cups (d) seeds and soil
  18. 18.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
  19. 19.Arjun plans to make 15 cupcakes. Each needs ₹6 of materials, and a banner costs ₹220 once. What total budget is needed (in ₹)?
  20. 20.True or false: “card paper” is a running cost. (a) True (b) False
  21. 21.🔍 Which is the odd one out? (a) a folding table (b) a juicer (c) card paper (d) a price board
  22. 22.Which of these is a one-time cost? (a) card paper (b) a cooler box (c) tea leaves and milk (d) sugar
  23. 23.Nisha has ₹130 to spend on sheets of card paper. One sheet of card paper costs ₹4. What is the greatest number of sheets of card paper Nisha can buy?
  24. 24.🔍 Which is the odd one out? (a) a folding table (b) lemons (c) a price board (d) a juicer
  25. 25.🔍 Which is the odd one out? (a) paper cups (b) a cloth banner (c) a cash box (d) a cooler box
  26. 26.Gurpreet has ₹240 to spend on lemons. One lemon costs ₹10. What is the greatest number of lemons Gurpreet can buy?
  27. 27.📒 One-time cost or running cost: tea leaves and milk? (a) a running cost (b) a one-time cost
  28. 28.Farhan’s stall budget is ₹510. Sugar cost ₹170, a price board cost ₹160 and card paper cost ₹170. How many rupees of the budget are left?
  29. 29.Farhan has a budget of ₹600. The stock costs ₹220 and the stall fee is ₹400. Is the budget enough? (a) Yes (b) No
  30. 30.Vihaan’s stall budget is ₹670. Ribbon cost ₹110, seeds cost ₹200 and sugar cost ₹280. How many rupees of the budget are left?
  31. 31.Rohan has ₹120 to spend on lemons. One lemon costs ₹15. What is the greatest number of lemons Rohan can buy?
  32. 32.Kabir’s stall budget is ₹680. Lemons cost ₹150, paper cups cost ₹200 and napkins cost ₹170. How many rupees of the budget are left?
  33. 33.Meera has ₹260 to spend on packs of cups. One pack of cups costs ₹10. What is the greatest number of packs of cups Meera can buy?
  34. 34.📒 One-time cost or running cost: a cash box? (a) a one-time cost (b) a running cost
  35. 35.Diya has a budget of ₹500. The stock costs ₹50 and the stall fee is ₹470. Is the budget enough? (a) No (b) Yes
  36. 36.Gurpreet plans to make 20 cups of lemonade. Each needs ₹2 of materials, and a banner costs ₹150 once. What total budget is needed (in ₹)?
  37. 37.Gurpreet plans to make 22 clay diyas. Each needs ₹3 of materials, and a banner costs ₹270 once. What total budget is needed (in ₹)?
  38. 38.True or false: “sugar” is a one-time cost. (a) True (b) False
  39. 39.Which of these is a running cost? (a) a price board (b) sugar (c) a cash box (d) a juicer
  40. 40.🔍 Which is the odd one out? (a) sugar (b) a cooler box (c) ice (d) paper cups

Answer key

  1. a running cost
  2. 230
  3. No
  4. True
  5. 20
  6. False
  7. lemons
  8. a folding table
  9. sugar
  10. ice
  11. tea leaves and milk
  12. False
  13. a juicer
  14. False
  15. card paper
  16. a running cost
  17. a juicer
  18. a one-time cost
  19. 310
  20. True
  21. card paper
  22. a cooler box
  23. 32
  24. lemons
  25. paper cups
  26. 24
  27. a running cost
  28. 10
  29. No
  30. 80
  31. 8
  32. 160
  33. 26
  34. a one-time cost
  35. No
  36. 190
  37. 336
  38. False
  39. sugar
  40. a cooler box

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