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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 581 · 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) lemons (b) a cash box (c) a price board (d) a cooler box
  2. 2.📒 One-time cost or running cost: tea leaves and milk? (a) a running cost (b) a one-time cost
  3. 3.Gurpreet plans to make 37 painted pebbles. Each needs ₹4 of materials, and a banner costs ₹70 once. What total budget is needed (in ₹)?
  4. 4.Ananya plans to make 22 glasses of chai. Each needs ₹3 of materials, and a banner costs ₹290 once. What total budget is needed (in ₹)?
  5. 5.Which of these is a running cost? (a) a juicer (b) a cooler box (c) sugar (d) a cloth banner
  6. 6.Rohan has a budget of ₹1000. The stock costs ₹220 and the stall fee is ₹800. Is the budget enough? (a) Yes (b) No
  7. 7.Which of these is a running cost? (a) a cooler box (b) a cash box (c) a folding table (d) tea leaves and milk
  8. 8.Vihaan’s stall budget is ₹750. Ribbon cost ₹250, napkins cost ₹280 and seeds cost ₹120. How many rupees of the budget are left?
  9. 9.Arjun has ₹480 to spend on packs of cups. One pack of cups costs ₹8. What is the greatest number of packs of cups Arjun can buy?
  10. 10.Rohan’s stall budget is ₹750. Lemons cost ₹230, sugar cost ₹150 and napkins cost ₹100. How many rupees of the budget are left?
  11. 11.Rohan’s stall budget is ₹640. A banner cost ₹30, seeds cost ₹190 and sugar cost ₹120. How many rupees of the budget are left?
  12. 12.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost
  13. 13.Diya’s stall budget is ₹830. Paper cups cost ₹230, lemons cost ₹220 and ribbon cost ₹150. How many rupees of the budget are left?
  14. 14.True or false: “lemons” is a running cost. (a) True (b) False
  15. 15.🔍 Which is the odd one out? (a) paper cups (b) a folding table (c) seeds and soil (d) card paper
  16. 16.True or false: “a cooler box” is a one-time cost. (a) False (b) True
  17. 17.Which of these is a running cost? (a) a juicer (b) paper cups (c) a cash box (d) a folding table
  18. 18.🔍 Which is the odd one out? (a) sugar (b) tea leaves and milk (c) a cooler box (d) lemons
  19. 19.🔍 Which is the odd one out? (a) a juicer (b) a folding table (c) a price board (d) seeds and soil
  20. 20.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  21. 21.Zoya’s stall budget is ₹460. Card paper cost ₹20, lemons cost ₹70 and sugar cost ₹130. How many rupees of the budget are left?
  22. 22.Rohan plans to make 20 fruit cups. Each needs ₹10 of materials, and a banner costs ₹110 once. What total budget is needed (in ₹)?
  23. 23.Arjun’s stall budget is ₹750. Card paper cost ₹180, lemons cost ₹120 and a banner cost ₹170. How many rupees of the budget are left?
  24. 24.📒 One-time cost or running cost: seeds and soil? (a) a running cost (b) a one-time cost
  25. 25.Saanvi has a budget of ₹600. The stock costs ₹130 and the stall fee is ₹440. Is the budget enough? (a) Yes (b) No
  26. 26.Rohan plans to make 11 friendship bands. Each needs ₹7 of materials, and a banner costs ₹110 once. What total budget is needed (in ₹)?
  27. 27.Riya has a budget of ₹800. The stock costs ₹220 and the stall fee is ₹580. Is the budget enough? (a) No (b) Yes
  28. 28.Kavya plans to make 43 glasses of chai. Each needs ₹3 of materials, and a banner costs ₹70 once. What total budget is needed (in ₹)?
  29. 29.Kabir has a budget of ₹900. The stock costs ₹330 and the stall fee is ₹610. Is the budget enough? (a) No (b) Yes
  30. 30.Gurpreet has ₹160 to spend on packets of seeds. One packet of seeds costs ₹20. What is the greatest number of packets of seeds Gurpreet can buy?
  31. 31.Which of these is a one-time cost? (a) lemons (b) paper cups (c) a cash box (d) ice
  32. 32.True or false: “a juicer” is a running cost. (a) False (b) True
  33. 33.True or false: “a folding table” is a running cost. (a) False (b) True
  34. 34.True or false: “sugar” is a running cost. (a) True (b) False
  35. 35.Tara has a budget of ₹400. The stock costs ₹50 and the stall fee is ₹320. Is the budget enough? (a) Yes (b) No
  36. 36.Dev has a budget of ₹600. The stock costs ₹150 and the stall fee is ₹440. Is the budget enough? (a) No (b) Yes
  37. 37.True or false: “a folding table” is a one-time cost. (a) False (b) True
  38. 38.Diya plans to make 12 handmade cards. Each needs ₹4 of materials, and a banner costs ₹240 once. What total budget is needed (in ₹)?
  39. 39.Rohan has ₹250 to spend on sheets of card paper. One sheet of card paper costs ₹4. What is the greatest number of sheets of card paper Rohan can buy?
  40. 40.📒 One-time cost or running cost: paper cups? (a) a one-time cost (b) a running cost

Answer key

  1. lemons
  2. a running cost
  3. 218
  4. 356
  5. sugar
  6. No
  7. tea leaves and milk
  8. 100
  9. 60
  10. 270
  11. 300
  12. a one-time cost
  13. 230
  14. True
  15. a folding table
  16. True
  17. paper cups
  18. a cooler box
  19. seeds and soil
  20. a one-time cost
  21. 240
  22. 310
  23. 280
  24. a running cost
  25. Yes
  26. 187
  27. Yes
  28. 199
  29. No
  30. 8
  31. a cash box
  32. False
  33. False
  34. True
  35. Yes
  36. Yes
  37. True
  38. 288
  39. 62
  40. a running cost

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