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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 448 · 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.True or false: “paper cups” is a running cost. (a) True (b) False
  2. 2.🔍 Which is the odd one out? (a) a price board (b) a cooler box (c) ice (d) a folding table
  3. 3.True or false: “a cloth banner” is a one-time cost. (a) True (b) False
  4. 4.Lakshmi has a budget of ₹900. The stock costs ₹90 and the stall fee is ₹830. Is the budget enough? (a) No (b) Yes
  5. 5.Joseph has ₹320 to spend on lemons. One lemon costs ₹15. What is the greatest number of lemons Joseph can buy?
  6. 6.Nisha plans to make 18 jute bags. Each needs ₹3 of materials, and a banner costs ₹230 once. What total budget is needed (in ₹)?
  7. 7.🔍 Which is the odd one out? (a) card paper (b) a juicer (c) a cooler box (d) a cloth banner
  8. 8.Which of these is a running cost? (a) a cloth banner (b) ice (c) a cooler box (d) a cash box
  9. 9.True or false: “a cash box” is a running cost. (a) True (b) False
  10. 10.📒 One-time cost or running cost: tea leaves and milk? (a) a running cost (b) a one-time cost
  11. 11.Which of these is a running cost? (a) a cloth banner (b) a price board (c) tea leaves and milk (d) a cash box
  12. 12.Which of these is a running cost? (a) a juicer (b) sugar (c) a cooler box (d) a cash box
  13. 13.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
  14. 14.Which of these is a one-time cost? (a) sugar (b) card paper (c) a cash box (d) tea leaves and milk
  15. 15.Dev’s stall budget is ₹1040. Pots cost ₹280, a price board cost ₹210 and a banner cost ₹270. How many rupees of the budget are left?
  16. 16.🔍 Which is the odd one out? (a) tea leaves and milk (b) paper cups (c) a price board (d) card paper
  17. 17.Zoya has ₹410 to spend on lemons. One lemon costs ₹12. What is the greatest number of lemons Zoya can buy?
  18. 18.🔍 Which is the odd one out? (a) a cash box (b) a cloth banner (c) sugar (d) a price board
  19. 19.🔍 Which is the odd one out? (a) a cloth banner (b) a price board (c) a cooler box (d) tea leaves and milk
  20. 20.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  21. 21.🔍 Which is the odd one out? (a) a folding table (b) a juicer (c) a price board (d) seeds and soil
  22. 22.True or false: “a cooler box” is a one-time cost. (a) True (b) False
  23. 23.Ananya’s stall budget is ₹440. Sugar cost ₹90, ribbon cost ₹130 and lemons cost ₹200. How many rupees of the budget are left?
  24. 24.📒 One-time cost or running cost: card paper? (a) a one-time cost (b) a running cost
  25. 25.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost
  26. 26.Rohan’s stall budget is ₹890. Lemons cost ₹270, ribbon cost ₹230 and card paper cost ₹210. How many rupees of the budget are left?
  27. 27.Joseph has ₹320 to spend on sheets of card paper. One sheet of card paper costs ₹12. What is the greatest number of sheets of card paper Joseph can buy?
  28. 28.🔍 Which is the odd one out? (a) a folding table (b) lemons (c) paper cups (d) ice
  29. 29.Ishaan plans to make 35 clay diyas. Each needs ₹10 of materials, and a banner costs ₹80 once. What total budget is needed (in ₹)?
  30. 30.True or false: “a cooler box” is a running cost. (a) True (b) False
  31. 31.🔍 Which is the odd one out? (a) sugar (b) lemons (c) a cash box (d) seeds and soil
  32. 32.Lakshmi has ₹310 to spend on rolls of ribbon. One roll of ribbon costs ₹20. What is the greatest number of rolls of ribbon Lakshmi can buy?
  33. 33.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  34. 34.Joseph’s stall budget is ₹480. Card paper cost ₹20, a banner cost ₹170 and sugar cost ₹20. How many rupees of the budget are left?
  35. 35.Kavya’s stall budget is ₹890. Lemons cost ₹290, a price board cost ₹40 and napkins cost ₹300. How many rupees of the budget are left?
  36. 36.🔍 Which is the odd one out? (a) a juicer (b) a cloth banner (c) lemons (d) a folding table
  37. 37.True or false: “a juicer” is a one-time cost. (a) True (b) False
  38. 38.Joseph’s stall budget is ₹200. A price board cost ₹50, paper cups cost ₹20 and ribbon cost ₹60. How many rupees of the budget are left?
  39. 39.Lakshmi plans to make 11 paper bookmarks. Each needs ₹5 of materials, and a banner costs ₹280 once. What total budget is needed (in ₹)?
  40. 40.Rohan has a budget of ₹800. The stock costs ₹280 and the stall fee is ₹500. Is the budget enough? (a) Yes (b) No

Answer key

  1. True
  2. ice
  3. True
  4. No
  5. 21
  6. 284
  7. card paper
  8. ice
  9. False
  10. a running cost
  11. tea leaves and milk
  12. sugar
  13. a one-time cost
  14. a cash box
  15. 280
  16. a price board
  17. 34
  18. sugar
  19. tea leaves and milk
  20. a one-time cost
  21. seeds and soil
  22. True
  23. 20
  24. a running cost
  25. a one-time cost
  26. 180
  27. 26
  28. a folding table
  29. 430
  30. False
  31. a cash box
  32. 15
  33. a one-time cost
  34. 270
  35. 260
  36. lemons
  37. True
  38. 70
  39. 335
  40. Yes

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