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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 48 · 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.

NameDateTime takenScore ___ / 40
  1. 1.🔍 Which is the odd one out? (a) lemons (b) card paper (c) tea leaves and milk (d) a folding table
  2. 2.Dev plans to make 45 glasses of chai. Each needs ₹2 of materials, and a banner costs ₹160 once. What total budget is needed (in ₹)?
  3. 3.True or false: “sugar” is a running cost. (a) False (b) True
  4. 4.Which of these is a one-time cost? (a) sugar (b) lemons (c) tea leaves and milk (d) a price board
  5. 5.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost
  6. 6.🔍 Which is the odd one out? (a) a cloth banner (b) a folding table (c) a cash box (d) ice
  7. 7.Ishaan’s stall budget is ₹820. A banner cost ₹110, ribbon cost ₹260 and paper cups cost ₹190. How many rupees of the budget are left?
  8. 8.Rohan’s stall budget is ₹700. Paper cups cost ₹160, a banner cost ₹140 and ribbon cost ₹250. How many rupees of the budget are left?
  9. 9.True or false: “paper cups” is a running cost. (a) True (b) False
  10. 10.📒 One-time cost or running cost: seeds and soil? (a) a one-time cost (b) a running cost
  11. 11.True or false: “a juicer” is a one-time cost. (a) True (b) False
  12. 12.📒 One-time cost or running cost: lemons? (a) a one-time cost (b) a running cost
  13. 13.Rohan has ₹130 to spend on rolls of ribbon. One roll of ribbon costs ₹6. What is the greatest number of rolls of ribbon Rohan can buy?
  14. 14.True or false: “a juicer” is a running cost. (a) False (b) True
  15. 15.Which of these is a one-time cost? (a) paper cups (b) tea leaves and milk (c) seeds and soil (d) a cash box
  16. 16.Diya has ₹490 to spend on lemons. One lemon costs ₹10. What is the greatest number of lemons Diya can buy?
  17. 17.Kabir’s stall budget is ₹840. Ribbon cost ₹190, a banner cost ₹100 and seeds cost ₹280. How many rupees of the budget are left?
  18. 18.Ananya has ₹440 to spend on sheets of card paper. One sheet of card paper costs ₹12. What is the greatest number of sheets of card paper Ananya can buy?
  19. 19.🔍 Which is the odd one out? (a) tea leaves and milk (b) a cloth banner (c) a cash box (d) a folding table
  20. 20.Which of these is a running cost? (a) a price board (b) a juicer (c) a cloth banner (d) card paper
  21. 21.Joseph has ₹110 to spend on packs of cups. One pack of cups costs ₹4. What is the greatest number of packs of cups Joseph can buy?
  22. 22.🔍 Which is the odd one out? (a) lemons (b) a cooler box (c) a cash box (d) a cloth banner
  23. 23.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  24. 24.📒 One-time cost or running cost: card paper? (a) a one-time cost (b) a running cost
  25. 25.True or false: “lemons” is a running cost. (a) True (b) False
  26. 26.Vihaan has a budget of ₹400. The stock costs ₹70 and the stall fee is ₹310. Is the budget enough? (a) Yes (b) No
  27. 27.🔍 Which is the odd one out? (a) sugar (b) a cloth banner (c) seeds and soil (d) tea leaves and milk
  28. 28.Kavya has ₹220 to spend on sheets of card paper. One sheet of card paper costs ₹15. What is the greatest number of sheets of card paper Kavya can buy?
  29. 29.Gurpreet has ₹160 to spend on packs of cups. One pack of cups costs ₹6. What is the greatest number of packs of cups Gurpreet can buy?
  30. 30.True or false: “ice” is a one-time cost. (a) False (b) True
  31. 31.Kabir has ₹360 to spend on packets of seeds. One packet of seeds costs ₹20. What is the greatest number of packets of seeds Kabir can buy?
  32. 32.🔍 Which is the odd one out? (a) a juicer (b) a cooler box (c) a folding table (d) paper cups
  33. 33.True or false: “sugar” is a one-time cost. (a) True (b) False
  34. 34.Riya plans to make 50 glasses of chai. Each needs ₹10 of materials, and a banner costs ₹150 once. What total budget is needed (in ₹)?
  35. 35.Arjun’s stall budget is ₹490. Card paper cost ₹280, lemons cost ₹50 and a banner cost ₹70. How many rupees of the budget are left?
  36. 36.🔍 Which is the odd one out? (a) a juicer (b) a cash box (c) a cooler box (d) seeds and soil
  37. 37.📒 One-time cost or running cost: a price board? (a) a one-time cost (b) a running cost
  38. 38.Joseph’s stall budget is ₹560. Card paper cost ₹140, sugar cost ₹190 and pots cost ₹130. How many rupees of the budget are left?
  39. 39.True or false: “a folding table” is a running cost. (a) True (b) False
  40. 40.Gurpreet has ₹430 to spend on packs of cups. One pack of cups costs ₹15. What is the greatest number of packs of cups Gurpreet can buy?

Answer key

  1. a folding table
  2. 250
  3. True
  4. a price board
  5. a one-time cost
  6. ice
  7. 260
  8. 150
  9. True
  10. a running cost
  11. True
  12. a running cost
  13. 21
  14. False
  15. a cash box
  16. 49
  17. 270
  18. 36
  19. tea leaves and milk
  20. card paper
  21. 27
  22. lemons
  23. a one-time cost
  24. a running cost
  25. True
  26. Yes
  27. a cloth banner
  28. 14
  29. 26
  30. False
  31. 18
  32. paper cups
  33. False
  34. 650
  35. 90
  36. seeds and soil
  37. a one-time cost
  38. 100
  39. False
  40. 28

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