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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 524 · 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.Zoya has a budget of ₹400. The stock costs ₹180 and the stall fee is ₹210. Is the budget enough? (a) No (b) Yes
  2. 2.🔍 Which is the odd one out? (a) ice (b) card paper (c) seeds and soil (d) a juicer
  3. 3.Which of these is a running cost? (a) a cash box (b) a cloth banner (c) a folding table (d) card paper
  4. 4.Which of these is a one-time cost? (a) paper cups (b) a cooler box (c) lemons (d) seeds and soil
  5. 5.Which of these is a running cost? (a) paper cups (b) a cash box (c) a price board (d) a cooler box
  6. 6.Aarav has ₹280 to spend on lemons. One lemon costs ₹6. What is the greatest number of lemons Aarav can buy?
  7. 7.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost
  8. 8.Vihaan’s stall budget is ₹510. A banner cost ₹20, seeds cost ₹200 and lemons cost ₹150. How many rupees of the budget are left?
  9. 9.Ananya plans to make 40 cups of lemonade. Each needs ₹3 of materials, and a banner costs ₹220 once. What total budget is needed (in ₹)?
  10. 10.📒 One-time cost or running cost: a cash box? (a) a one-time cost (b) a running cost
  11. 11.📒 One-time cost or running cost: lemons? (a) a running cost (b) a one-time cost
  12. 12.True or false: “card paper” is a one-time cost. (a) True (b) False
  13. 13.Which of these is a running cost? (a) a juicer (b) a price board (c) tea leaves and milk (d) a folding table
  14. 14.Ishaan has ₹490 to spend on sheets of card paper. One sheet of card paper costs ₹20. What is the greatest number of sheets of card paper Ishaan can buy?
  15. 15.Lakshmi has a budget of ₹400. The stock costs ₹50 and the stall fee is ₹370. Is the budget enough? (a) No (b) Yes
  16. 16.🔍 Which is the odd one out? (a) card paper (b) a cash box (c) tea leaves and milk (d) sugar
  17. 17.📒 One-time cost or running cost: card paper? (a) a one-time cost (b) a running cost
  18. 18.Ishaan’s stall budget is ₹480. Lemons cost ₹60, napkins cost ₹170 and a banner cost ₹190. How many rupees of the budget are left?
  19. 19.Which of these is a one-time cost? (a) seeds and soil (b) a cloth banner (c) tea leaves and milk (d) sugar
  20. 20.Aarav has ₹300 to spend on rolls of ribbon. One roll of ribbon costs ₹12. What is the greatest number of rolls of ribbon Aarav can buy?
  21. 21.Kabir has ₹290 to spend on sheets of card paper. One sheet of card paper costs ₹20. What is the greatest number of sheets of card paper Kabir can buy?
  22. 22.📒 One-time cost or running cost: ice? (a) a one-time cost (b) a running cost
  23. 23.🔍 Which is the odd one out? (a) sugar (b) a cooler box (c) a cloth banner (d) a price board
  24. 24.Ishaan’s stall budget is ₹660. Lemons cost ₹180, a banner cost ₹110 and a price board cost ₹290. How many rupees of the budget are left?
  25. 25.Arjun has ₹230 to spend on rolls of ribbon. One roll of ribbon costs ₹10. What is the greatest number of rolls of ribbon Arjun can buy?
  26. 26.True or false: “sugar” is a one-time cost. (a) True (b) False
  27. 27.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost
  28. 28.True or false: “a cooler box” is a running cost. (a) False (b) True
  29. 29.True or false: “a cloth banner” is a running cost. (a) True (b) False
  30. 30.Which of these is a one-time cost? (a) lemons (b) ice (c) sugar (d) a folding table
  31. 31.🔍 Which is the odd one out? (a) ice (b) a folding table (c) a price board (d) a cooler box
  32. 32.🔍 Which is the odd one out? (a) a cash box (b) a cloth banner (c) a juicer (d) seeds and soil
  33. 33.🔍 Which is the odd one out? (a) a price board (b) paper cups (c) tea leaves and milk (d) lemons
  34. 34.📒 One-time cost or running cost: sugar? (a) a running cost (b) a one-time cost
  35. 35.Meera plans to make 19 jute bags. Each needs ₹8 of materials, and a banner costs ₹290 once. What total budget is needed (in ₹)?
  36. 36.Kabir plans to make 37 potted plants. Each needs ₹4 of materials, and a banner costs ₹220 once. What total budget is needed (in ₹)?
  37. 37.True or false: “lemons” is a one-time cost. (a) True (b) False
  38. 38.🔍 Which is the odd one out? (a) a price board (b) card paper (c) a cash box (d) a folding table
  39. 39.Gurpreet’s stall budget is ₹690. Ribbon cost ₹160, seeds cost ₹120 and sugar cost ₹140. How many rupees of the budget are left?
  40. 40.📒 One-time cost or running cost: tea leaves and milk? (a) a running cost (b) a one-time cost

Answer key

  1. Yes
  2. a juicer
  3. card paper
  4. a cooler box
  5. paper cups
  6. 46
  7. a one-time cost
  8. 140
  9. 340
  10. a one-time cost
  11. a running cost
  12. False
  13. tea leaves and milk
  14. 24
  15. No
  16. a cash box
  17. a running cost
  18. 60
  19. a cloth banner
  20. 25
  21. 14
  22. a running cost
  23. sugar
  24. 80
  25. 23
  26. False
  27. a one-time cost
  28. False
  29. False
  30. a folding table
  31. ice
  32. seeds and soil
  33. a price board
  34. a running cost
  35. 442
  36. 368
  37. False
  38. card paper
  39. 270
  40. a running cost

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