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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 488 · 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) a folding table (b) paper cups (c) a cooler box (d) a cloth banner
  2. 2.Aarav’s stall budget is ₹400. Pots cost ₹150, seeds cost ₹60 and a banner cost ₹180. How many rupees of the budget are left?
  3. 3.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  4. 4.Ananya plans to make 40 glasses of chai. Each needs ₹6 of materials, and a banner costs ₹250 once. What total budget is needed (in ₹)?
  5. 5.Zoya has a budget of ₹300. The stock costs ₹110 and the stall fee is ₹200. Is the budget enough? (a) No (b) Yes
  6. 6.True or false: “a cash box” is a running cost. (a) False (b) True
  7. 7.Which of these is a running cost? (a) a price board (b) a folding table (c) seeds and soil (d) a juicer
  8. 8.Diya has ₹370 to spend on packets of seeds. One packet of seeds costs ₹12. What is the greatest number of packets of seeds Diya can buy?
  9. 9.True or false: “lemons” is a one-time cost. (a) True (b) False
  10. 10.🔍 Which is the odd one out? (a) a juicer (b) a folding table (c) a cloth banner (d) lemons
  11. 11.Zoya plans to make 38 glasses of chai. Each needs ₹5 of materials, and a banner costs ₹200 once. What total budget is needed (in ₹)?
  12. 12.True or false: “a price board” is a one-time cost. (a) False (b) True
  13. 13.📒 One-time cost or running cost: paper cups? (a) a one-time cost (b) a running cost
  14. 14.Arjun has ₹140 to spend on lemons. One lemon costs ₹6. What is the greatest number of lemons Arjun can buy?
  15. 15.🔍 Which is the odd one out? (a) seeds and soil (b) a cloth banner (c) lemons (d) tea leaves and milk
  16. 16.Saanvi’s stall budget is ₹450. Seeds cost ₹170, napkins cost ₹60 and a banner cost ₹60. How many rupees of the budget are left?
  17. 17.🔍 Which is the odd one out? (a) paper cups (b) seeds and soil (c) a juicer (d) sugar
  18. 18.Which of these is a one-time cost? (a) lemons (b) card paper (c) seeds and soil (d) a juicer
  19. 19.🔍 Which is the odd one out? (a) a cash box (b) a juicer (c) a cooler box (d) card paper
  20. 20.Lakshmi has ₹400 to spend on packets of seeds. One packet of seeds costs ₹8. What is the greatest number of packets of seeds Lakshmi can buy?
  21. 21.📒 One-time cost or running cost: card paper? (a) a one-time cost (b) a running cost
  22. 22.True or false: “a juicer” is a running cost. (a) False (b) True
  23. 23.📒 One-time cost or running cost: a cloth banner? (a) a one-time cost (b) a running cost
  24. 24.🔍 Which is the odd one out? (a) sugar (b) ice (c) a cash box (d) card paper
  25. 25.🔍 Which is the odd one out? (a) a folding table (b) a juicer (c) tea leaves and milk (d) a cloth banner
  26. 26.Kavya’s stall budget is ₹400. Card paper cost ₹20, paper cups cost ₹140 and a price board cost ₹20. How many rupees of the budget are left?
  27. 27.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost
  28. 28.Meera’s stall budget is ₹640. Lemons cost ₹140, seeds cost ₹230 and ribbon cost ₹40. How many rupees of the budget are left?
  29. 29.Joseph plans to make 46 cupcakes. Each needs ₹7 of materials, and a banner costs ₹180 once. What total budget is needed (in ₹)?
  30. 30.📒 One-time cost or running cost: sugar? (a) a running cost (b) a one-time cost
  31. 31.True or false: “a cooler box” is a one-time cost. (a) False (b) True
  32. 32.📒 One-time cost or running cost: ice? (a) a running cost (b) a one-time cost
  33. 33.📒 One-time cost or running cost: a cash box? (a) a one-time cost (b) a running cost
  34. 34.Which of these is a running cost? (a) a cash box (b) a price board (c) a cooler box (d) ice
  35. 35.Rohan’s stall budget is ₹640. A price board cost ₹150, ribbon cost ₹90 and seeds cost ₹140. How many rupees of the budget are left?
  36. 36.Which of these is a running cost? (a) a cloth banner (b) a price board (c) tea leaves and milk (d) a juicer
  37. 37.Gurpreet has a budget of ₹500. The stock costs ₹70 and the stall fee is ₹420. Is the budget enough? (a) Yes (b) No
  38. 38.True or false: “ice” is a running cost. (a) True (b) False
  39. 39.True or false: “card paper” is a one-time cost. (a) True (b) False
  40. 40.Aarav plans to make 20 jute bags. Each needs ₹7 of materials, and a banner costs ₹290 once. What total budget is needed (in ₹)?

Answer key

  1. paper cups
  2. 10
  3. a one-time cost
  4. 490
  5. No
  6. False
  7. seeds and soil
  8. 30
  9. False
  10. lemons
  11. 390
  12. True
  13. a running cost
  14. 23
  15. a cloth banner
  16. 160
  17. a juicer
  18. a juicer
  19. card paper
  20. 50
  21. a running cost
  22. False
  23. a one-time cost
  24. a cash box
  25. tea leaves and milk
  26. 220
  27. a one-time cost
  28. 230
  29. 502
  30. a running cost
  31. True
  32. a running cost
  33. a one-time cost
  34. ice
  35. 260
  36. tea leaves and milk
  37. Yes
  38. True
  39. False
  40. 430

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