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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 471 · 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) lemons (b) a cooler box (c) a juicer (d) a price board
  2. 2.True or false: “a juicer” is a running cost. (a) True (b) False
  3. 3.Which of these is a one-time cost? (a) a cooler box (b) lemons (c) seeds and soil (d) card paper
  4. 4.Which of these is a running cost? (a) a folding table (b) sugar (c) a price board (d) a cloth banner
  5. 5.Which of these is a running cost? (a) a juicer (b) a cash box (c) card paper (d) a cloth banner
  6. 6.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  7. 7.📒 One-time cost or running cost: ice? (a) a one-time cost (b) a running cost
  8. 8.Diya has a budget of ₹600. The stock costs ₹50 and the stall fee is ₹550. Is the budget enough? (a) Yes (b) No
  9. 9.Aarav has a budget of ₹800. The stock costs ₹220 and the stall fee is ₹630. Is the budget enough? (a) No (b) Yes
  10. 10.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
  11. 11.True or false: “a cloth banner” is a one-time cost. (a) False (b) True
  12. 12.🔍 Which is the odd one out? (a) seeds and soil (b) a cooler box (c) a folding table (d) a juicer
  13. 13.True or false: “ice” is a running cost. (a) False (b) True
  14. 14.True or false: “card paper” is a running cost. (a) False (b) True
  15. 15.Which of these is a one-time cost? (a) paper cups (b) seeds and soil (c) lemons (d) a cash box
  16. 16.True or false: “card paper” is a one-time cost. (a) True (b) False
  17. 17.Saanvi plans to make 33 fruit cups. Each needs ₹9 of materials, and a banner costs ₹210 once. What total budget is needed (in ₹)?
  18. 18.Ishaan plans to make 10 cups of lemonade. Each needs ₹6 of materials, and a banner costs ₹110 once. What total budget is needed (in ₹)?
  19. 19.🔍 Which is the odd one out? (a) tea leaves and milk (b) a folding table (c) a cash box (d) a cooler box
  20. 20.Saanvi’s stall budget is ₹590. Sugar cost ₹60, seeds cost ₹30 and card paper cost ₹240. How many rupees of the budget are left?
  21. 21.Aarav has ₹200 to spend on packs of cups. One pack of cups costs ₹4. What is the greatest number of packs of cups Aarav can buy?
  22. 22.🔍 Which is the odd one out? (a) a price board (b) a cooler box (c) paper cups (d) a folding table
  23. 23.Tara’s stall budget is ₹750. A banner cost ₹40, seeds cost ₹300 and lemons cost ₹120. How many rupees of the budget are left?
  24. 24.Kabir plans to make 41 cups of lemonade. Each needs ₹9 of materials, and a banner costs ₹190 once. What total budget is needed (in ₹)?
  25. 25.📒 One-time cost or running cost: a cooler box? (a) a one-time cost (b) a running cost
  26. 26.Saanvi has ₹140 to spend on sheets of card paper. One sheet of card paper costs ₹15. What is the greatest number of sheets of card paper Saanvi can buy?
  27. 27.Riya has ₹410 to spend on lemons. One lemon costs ₹8. What is the greatest number of lemons Riya can buy?
  28. 28.Zoya has ₹160 to spend on packets of seeds. One packet of seeds costs ₹10. What is the greatest number of packets of seeds Zoya can buy?
  29. 29.Farhan plans to make 31 fruit cups. Each needs ₹7 of materials, and a banner costs ₹280 once. What total budget is needed (in ₹)?
  30. 30.Which of these is a one-time cost? (a) a folding table (b) sugar (c) card paper (d) ice
  31. 31.📒 One-time cost or running cost: sugar? (a) a one-time cost (b) a running cost
  32. 32.Dev has ₹110 to spend on packets of seeds. One packet of seeds costs ₹6. What is the greatest number of packets of seeds Dev can buy?
  33. 33.🔍 Which is the odd one out? (a) lemons (b) tea leaves and milk (c) ice (d) a folding table
  34. 34.Ishaan’s stall budget is ₹770. Ribbon cost ₹270, paper cups cost ₹220 and lemons cost ₹40. How many rupees of the budget are left?
  35. 35.Tara has ₹390 to spend on lemons. One lemon costs ₹6. What is the greatest number of lemons Tara can buy?
  36. 36.True or false: “paper cups” is a one-time cost. (a) True (b) False
  37. 37.True or false: “a cash box” is a running cost. (a) True (b) False
  38. 38.True or false: “a folding table” is a running cost. (a) False (b) True
  39. 39.Lakshmi has a budget of ₹400. The stock costs ₹170 and the stall fee is ₹270. Is the budget enough? (a) Yes (b) No
  40. 40.Diya has ₹300 to spend on rolls of ribbon. One roll of ribbon costs ₹10. What is the greatest number of rolls of ribbon Diya can buy?

Answer key

  1. lemons
  2. False
  3. a cooler box
  4. sugar
  5. card paper
  6. a one-time cost
  7. a running cost
  8. Yes
  9. No
  10. a one-time cost
  11. True
  12. seeds and soil
  13. True
  14. True
  15. a cash box
  16. False
  17. 507
  18. 170
  19. tea leaves and milk
  20. 260
  21. 50
  22. paper cups
  23. 290
  24. 559
  25. a one-time cost
  26. 9
  27. 51
  28. 16
  29. 497
  30. a folding table
  31. a running cost
  32. 18
  33. a folding table
  34. 240
  35. 65
  36. False
  37. False
  38. False
  39. No
  40. 30

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