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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 566 · 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 cloth banner (b) a price board (c) card paper (d) a juicer
  2. 2.Which of these is a one-time cost? (a) a folding table (b) ice (c) sugar (d) tea leaves and milk
  3. 3.Vihaan has a budget of ₹900. The stock costs ₹220 and the stall fee is ₹670. Is the budget enough? (a) No (b) Yes
  4. 4.Kabir has a budget of ₹400. The stock costs ₹170 and the stall fee is ₹280. Is the budget enough? (a) Yes (b) No
  5. 5.Joseph has ₹110 to spend on lemons. One lemon costs ₹8. What is the greatest number of lemons Joseph can buy?
  6. 6.Diya plans to make 25 cups of lemonade. Each needs ₹9 of materials, and a banner costs ₹180 once. What total budget is needed (in ₹)?
  7. 7.📒 One-time cost or running cost: ice? (a) a running cost (b) a one-time cost
  8. 8.True or false: “paper cups” is a running cost. (a) False (b) True
  9. 9.Nisha has ₹50 to spend on packs of cups. One pack of cups costs ₹4. What is the greatest number of packs of cups Nisha can buy?
  10. 10.Diya’s stall budget is ₹820. Ribbon cost ₹130, card paper cost ₹230 and paper cups cost ₹260. How many rupees of the budget are left?
  11. 11.Which of these is a one-time cost? (a) paper cups (b) a cooler box (c) card paper (d) lemons
  12. 12.🔍 Which is the odd one out? (a) a juicer (b) a folding table (c) a price board (d) ice
  13. 13.Which of these is a running cost? (a) a folding table (b) tea leaves and milk (c) a cloth banner (d) a cooler box
  14. 14.🔍 Which is the odd one out? (a) card paper (b) paper cups (c) a cloth banner (d) sugar
  15. 15.🔍 Which is the odd one out? (a) a price board (b) a cloth banner (c) a juicer (d) lemons
  16. 16.🔍 Which is the odd one out? (a) a juicer (b) a folding table (c) sugar (d) a price board
  17. 17.Kabir has ₹220 to spend on sheets of card paper. One sheet of card paper costs ₹4. What is the greatest number of sheets of card paper Kabir can buy?
  18. 18.True or false: “sugar” is a running cost. (a) False (b) True
  19. 19.Arjun’s stall budget is ₹390. Card paper cost ₹60, a banner cost ₹240 and a price board cost ₹70. How many rupees of the budget are left?
  20. 20.Riya plans to make 25 bags of popcorn. Each needs ₹5 of materials, and a banner costs ₹150 once. What total budget is needed (in ₹)?
  21. 21.Vihaan has ₹430 to spend on rolls of ribbon. One roll of ribbon costs ₹4. What is the greatest number of rolls of ribbon Vihaan can buy?
  22. 22.Zoya has ₹90 to spend on packets of seeds. One packet of seeds costs ₹12. What is the greatest number of packets of seeds Zoya can buy?
  23. 23.🔍 Which is the odd one out? (a) a cloth banner (b) tea leaves and milk (c) a cash box (d) a juicer
  24. 24.🔍 Which is the odd one out? (a) paper cups (b) a cash box (c) a folding table (d) a juicer
  25. 25.📒 One-time cost or running cost: paper cups? (a) a one-time cost (b) a running cost
  26. 26.True or false: “a juicer” is a one-time cost. (a) False (b) True
  27. 27.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
  28. 28.True or false: “card paper” is a one-time cost. (a) True (b) False
  29. 29.Which of these is a one-time cost? (a) card paper (b) a juicer (c) sugar (d) seeds and soil
  30. 30.True or false: “seeds and soil” is a one-time cost. (a) False (b) True
  31. 31.📒 One-time cost or running cost: card paper? (a) a one-time cost (b) a running cost
  32. 32.📒 One-time cost or running cost: a cloth banner? (a) a one-time cost (b) a running cost
  33. 33.Tara has a budget of ₹300. The stock costs ₹50 and the stall fee is ₹220. Is the budget enough? (a) Yes (b) No
  34. 34.Aarav plans to make 31 cups of lemonade. Each needs ₹4 of materials, and a banner costs ₹250 once. What total budget is needed (in ₹)?
  35. 35.Kabir has ₹60 to spend on lemons. One lemon costs ₹6. What is the greatest number of lemons Kabir can buy?
  36. 36.Aarav’s stall budget is ₹590. Lemons cost ₹30, card paper cost ₹230 and sugar cost ₹30. How many rupees of the budget are left?
  37. 37.🔍 Which is the odd one out? (a) a cash box (b) seeds and soil (c) paper cups (d) tea leaves and milk
  38. 38.True or false: “a cash box” is a one-time cost. (a) False (b) True
  39. 39.Which of these is a one-time cost? (a) paper cups (b) sugar (c) a cloth banner (d) tea leaves and milk
  40. 40.Diya’s stall budget is ₹610. Paper cups cost ₹250, ribbon cost ₹160 and a banner cost ₹160. How many rupees of the budget are left?

Answer key

  1. card paper
  2. a folding table
  3. Yes
  4. No
  5. 13
  6. 405
  7. a running cost
  8. True
  9. 12
  10. 200
  11. a cooler box
  12. ice
  13. tea leaves and milk
  14. a cloth banner
  15. lemons
  16. sugar
  17. 55
  18. True
  19. 20
  20. 275
  21. 107
  22. 7
  23. tea leaves and milk
  24. paper cups
  25. a running cost
  26. True
  27. a one-time cost
  28. False
  29. a juicer
  30. False
  31. a running cost
  32. a one-time cost
  33. Yes
  34. 374
  35. 10
  36. 300
  37. a cash box
  38. True
  39. a cloth banner
  40. 40

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