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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 552 · 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 of these is a running cost? (a) a juicer (b) a folding table (c) card paper (d) a price board
  2. 2.Vihaan’s stall budget is ₹610. Napkins cost ₹180, paper cups cost ₹80 and pots cost ₹160. How many rupees of the budget are left?
  3. 3.Joseph plans to make 50 bags of popcorn. Each needs ₹9 of materials, and a banner costs ₹300 once. What total budget is needed (in ₹)?
  4. 4.Which of these is a one-time cost? (a) a cooler box (b) paper cups (c) tea leaves and milk (d) lemons
  5. 5.Kabir’s stall budget is ₹720. Seeds cost ₹170, lemons cost ₹160 and a price board cost ₹220. How many rupees of the budget are left?
  6. 6.Zoya plans to make 11 handmade cards. Each needs ₹6 of materials, and a banner costs ₹120 once. What total budget is needed (in ₹)?
  7. 7.🔍 Which is the odd one out? (a) a price board (b) a cash box (c) a folding table (d) tea leaves and milk
  8. 8.Which of these is a one-time cost? (a) card paper (b) sugar (c) paper cups (d) a folding table
  9. 9.Which of these is a one-time cost? (a) card paper (b) a cloth banner (c) seeds and soil (d) paper cups
  10. 10.📒 One-time cost or running cost: lemons? (a) a running cost (b) a one-time cost
  11. 11.🔍 Which is the odd one out? (a) seeds and soil (b) card paper (c) a price board (d) paper cups
  12. 12.📒 One-time cost or running cost: a cash box? (a) a one-time cost (b) a running cost
  13. 13.Vihaan has ₹200 to spend on packs of cups. One pack of cups costs ₹10. What is the greatest number of packs of cups Vihaan can buy?
  14. 14.Kavya’s stall budget is ₹630. Card paper cost ₹90, ribbon cost ₹200 and napkins cost ₹250. How many rupees of the budget are left?
  15. 15.Tara has a budget of ₹300. The stock costs ₹50 and the stall fee is ₹250. Is the budget enough? (a) No (b) Yes
  16. 16.🔍 Which is the odd one out? (a) seeds and soil (b) a folding table (c) paper cups (d) sugar
  17. 17.Meera’s stall budget is ₹220. Sugar cost ₹50, seeds cost ₹90 and a banner cost ₹30. How many rupees of the budget are left?
  18. 18.Which of these is a running cost? (a) lemons (b) a cooler box (c) a folding table (d) a cash box
  19. 19.True or false: “seeds and soil” is a running cost. (a) False (b) True
  20. 20.Farhan has a budget of ₹400. The stock costs ₹100 and the stall fee is ₹260. Is the budget enough? (a) No (b) Yes
  21. 21.🔍 Which is the odd one out? (a) a price board (b) a cloth banner (c) a juicer (d) lemons
  22. 22.Saanvi’s stall budget is ₹600. Lemons cost ₹100, pots cost ₹210 and card paper cost ₹70. How many rupees of the budget are left?
  23. 23.Rohan has ₹480 to spend on packs of cups. One pack of cups costs ₹15. What is the greatest number of packs of cups Rohan can buy?
  24. 24.Which of these is a running cost? (a) sugar (b) a folding table (c) a juicer (d) a cash box
  25. 25.Which of these is a one-time cost? (a) lemons (b) a cash box (c) tea leaves and milk (d) sugar
  26. 26.True or false: “ice” is a running cost. (a) True (b) False
  27. 27.True or false: “a cloth banner” is a running cost. (a) True (b) False
  28. 28.True or false: “paper cups” is a one-time cost. (a) False (b) True
  29. 29.🔍 Which is the odd one out? (a) lemons (b) paper cups (c) a cash box (d) seeds and soil
  30. 30.Ananya has a budget of ₹700. The stock costs ₹200 and the stall fee is ₹480. Is the budget enough? (a) Yes (b) No
  31. 31.Ishaan has a budget of ₹300. The stock costs ₹80 and the stall fee is ₹220. Is the budget enough? (a) No (b) Yes
  32. 32.Farhan’s stall budget is ₹440. Card paper cost ₹60, a price board cost ₹270 and lemons cost ₹100. How many rupees of the budget are left?
  33. 33.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost
  34. 34.True or false: “card paper” is a running cost. (a) False (b) True
  35. 35.Lakshmi plans to make 37 friendship bands. Each needs ₹6 of materials, and a banner costs ₹80 once. What total budget is needed (in ₹)?
  36. 36.True or false: “a cloth banner” is a one-time cost. (a) True (b) False
  37. 37.🔍 Which is the odd one out? (a) a cloth banner (b) a folding table (c) sugar (d) a juicer
  38. 38.🔍 Which is the odd one out? (a) a cloth banner (b) a cooler box (c) a price board (d) paper cups
  39. 39.Kabir plans to make 24 paper bookmarks. Each needs ₹8 of materials, and a banner costs ₹150 once. What total budget is needed (in ₹)?
  40. 40.📒 One-time cost or running cost: a cooler box? (a) a one-time cost (b) a running cost

Answer key

  1. card paper
  2. 190
  3. 750
  4. a cooler box
  5. 170
  6. 186
  7. tea leaves and milk
  8. a folding table
  9. a cloth banner
  10. a running cost
  11. a price board
  12. a one-time cost
  13. 20
  14. 90
  15. Yes
  16. a folding table
  17. 50
  18. lemons
  19. True
  20. Yes
  21. lemons
  22. 220
  23. 32
  24. sugar
  25. a cash box
  26. True
  27. False
  28. False
  29. a cash box
  30. Yes
  31. Yes
  32. 10
  33. a one-time cost
  34. True
  35. 302
  36. True
  37. sugar
  38. paper cups
  39. 342
  40. a one-time cost

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