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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 525 · 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 one-time cost. (a) True (b) False
  2. 2.Nisha has ₹300 to spend on lemons. One lemon costs ₹20. What is the greatest number of lemons Nisha can buy?
  3. 3.Which of these is a running cost? (a) a folding table (b) a cash box (c) sugar (d) a cloth banner
  4. 4.🔍 Which is the odd one out? (a) card paper (b) a cooler box (c) a price board (d) a cloth banner
  5. 5.Dev has a budget of ₹400. The stock costs ₹50 and the stall fee is ₹310. Is the budget enough? (a) No (b) Yes
  6. 6.🔍 Which is the odd one out? (a) ice (b) card paper (c) a cloth banner (d) paper cups
  7. 7.Vihaan plans to make 30 cups of lemonade. Each needs ₹6 of materials, and a banner costs ₹60 once. What total budget is needed (in ₹)?
  8. 8.True or false: “sugar” is a running cost. (a) False (b) True
  9. 9.Which of these is a running cost? (a) a cash box (b) a folding table (c) tea leaves and milk (d) a cooler box
  10. 10.Which of these is a one-time cost? (a) paper cups (b) a cooler box (c) ice (d) tea leaves and milk
  11. 11.📒 One-time cost or running cost: a price board? (a) a one-time cost (b) a running cost
  12. 12.Which of these is a running cost? (a) a juicer (b) a price board (c) seeds and soil (d) a cloth banner
  13. 13.Which of these is a running cost? (a) a juicer (b) lemons (c) a cloth banner (d) a cash box
  14. 14.Meera has ₹210 to spend on packs of cups. One pack of cups costs ₹12. What is the greatest number of packs of cups Meera can buy?
  15. 15.True or false: “ice” is a one-time cost. (a) True (b) False
  16. 16.Diya has ₹300 to spend on rolls of ribbon. One roll of ribbon costs ₹15. What is the greatest number of rolls of ribbon Diya can buy?
  17. 17.True or false: “a cooler box” is a running cost. (a) False (b) True
  18. 18.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost
  19. 19.Diya has a budget of ₹500. The stock costs ₹50 and the stall fee is ₹440. Is the budget enough? (a) No (b) Yes
  20. 20.True or false: “a juicer” is a one-time cost. (a) True (b) False
  21. 21.📒 One-time cost or running cost: sugar? (a) a running cost (b) a one-time cost
  22. 22.Ishaan has ₹50 to spend on lemons. One lemon costs ₹10. What is the greatest number of lemons Ishaan can buy?
  23. 23.Arjun has a budget of ₹700. The stock costs ₹200 and the stall fee is ₹520. Is the budget enough? (a) No (b) Yes
  24. 24.True or false: “seeds and soil” is a one-time cost. (a) False (b) True
  25. 25.Ishaan plans to make 32 fruit cups. Each needs ₹2 of materials, and a banner costs ₹290 once. What total budget is needed (in ₹)?
  26. 26.🔍 Which is the odd one out? (a) lemons (b) card paper (c) tea leaves and milk (d) a cash box
  27. 27.Vihaan’s stall budget is ₹660. Paper cups cost ₹220, a banner cost ₹180 and card paper cost ₹80. How many rupees of the budget are left?
  28. 28.Farhan plans to make 47 handmade cards. Each needs ₹10 of materials, and a banner costs ₹280 once. What total budget is needed (in ₹)?
  29. 29.Which of these is a one-time cost? (a) seeds and soil (b) card paper (c) lemons (d) a cloth banner
  30. 30.Ishaan has a budget of ₹400. The stock costs ₹80 and the stall fee is ₹280. Is the budget enough? (a) No (b) Yes
  31. 31.📒 One-time cost or running cost: paper cups? (a) a one-time cost (b) a running cost
  32. 32.True or false: “a folding table” is a running cost. (a) False (b) True
  33. 33.🔍 Which is the odd one out? (a) a price board (b) a folding table (c) a cloth banner (d) seeds and soil
  34. 34.Dev has a budget of ₹1000. The stock costs ₹460 and the stall fee is ₹550. Is the budget enough? (a) No (b) Yes
  35. 35.Kabir’s stall budget is ₹780. A price board cost ₹170, sugar cost ₹120 and napkins cost ₹210. How many rupees of the budget are left?
  36. 36.True or false: “a cash box” is a running cost. (a) True (b) False
  37. 37.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
  38. 38.Nisha has ₹70 to spend on packs of cups. One pack of cups costs ₹6. What is the greatest number of packs of cups Nisha can buy?
  39. 39.Ananya has a budget of ₹400. The stock costs ₹190 and the stall fee is ₹200. Is the budget enough? (a) No (b) Yes
  40. 40.Farhan’s stall budget is ₹720. Napkins cost ₹130, a banner cost ₹90 and pots cost ₹300. How many rupees of the budget are left?

Answer key

  1. False
  2. 15
  3. sugar
  4. card paper
  5. Yes
  6. a cloth banner
  7. 240
  8. True
  9. tea leaves and milk
  10. a cooler box
  11. a one-time cost
  12. seeds and soil
  13. lemons
  14. 17
  15. False
  16. 20
  17. False
  18. a one-time cost
  19. Yes
  20. True
  21. a running cost
  22. 5
  23. No
  24. False
  25. 354
  26. a cash box
  27. 180
  28. 750
  29. a cloth banner
  30. Yes
  31. a running cost
  32. False
  33. seeds and soil
  34. No
  35. 280
  36. False
  37. a one-time cost
  38. 11
  39. Yes
  40. 200

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