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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 588 · 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.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  2. 2.📒 One-time cost or running cost: card paper? (a) a running cost (b) a one-time cost
  3. 3.Riya plans to make 34 cupcakes. Each needs ₹9 of materials, and a banner costs ₹60 once. What total budget is needed (in ₹)?
  4. 4.🔍 Which is the odd one out? (a) paper cups (b) a juicer (c) sugar (d) tea leaves and milk
  5. 5.Zoya has ₹260 to spend on packets of seeds. One packet of seeds costs ₹4. What is the greatest number of packets of seeds Zoya can buy?
  6. 6.Aarav’s stall budget is ₹630. A banner cost ₹90, a price board cost ₹190 and napkins cost ₹140. How many rupees of the budget are left?
  7. 7.📒 One-time cost or running cost: seeds and soil? (a) a running cost (b) a one-time cost
  8. 8.🔍 Which is the odd one out? (a) paper cups (b) seeds and soil (c) lemons (d) a price board
  9. 9.Which of these is a one-time cost? (a) card paper (b) lemons (c) seeds and soil (d) a cash box
  10. 10.Vihaan’s stall budget is ₹660. Paper cups cost ₹300, a banner cost ₹110 and lemons cost ₹130. How many rupees of the budget are left?
  11. 11.📒 One-time cost or running cost: sugar? (a) a one-time cost (b) a running cost
  12. 12.Nisha’s stall budget is ₹710. Pots cost ₹270, paper cups cost ₹140 and lemons cost ₹150. How many rupees of the budget are left?
  13. 13.Aarav’s stall budget is ₹310. Sugar cost ₹140, lemons cost ₹100 and pots cost ₹30. How many rupees of the budget are left?
  14. 14.True or false: “a cash box” is a running cost. (a) True (b) False
  15. 15.True or false: “a cash box” is a one-time cost. (a) True (b) False
  16. 16.Which of these is a one-time cost? (a) lemons (b) paper cups (c) a cloth banner (d) tea leaves and milk
  17. 17.📒 One-time cost or running cost: a cooler box? (a) a one-time cost (b) a running cost
  18. 18.Which of these is a one-time cost? (a) paper cups (b) seeds and soil (c) a folding table (d) card paper
  19. 19.Kabir plans to make 36 glasses of chai. Each needs ₹5 of materials, and a banner costs ₹110 once. What total budget is needed (in ₹)?
  20. 20.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  21. 21.Diya has a budget of ₹300. The stock costs ₹120 and the stall fee is ₹140. Is the budget enough? (a) No (b) Yes
  22. 22.Diya’s stall budget is ₹620. A banner cost ₹80, paper cups cost ₹90 and ribbon cost ₹200. How many rupees of the budget are left?
  23. 23.Vihaan’s stall budget is ₹430. Seeds cost ₹280, paper cups cost ₹50 and lemons cost ₹30. How many rupees of the budget are left?
  24. 24.🔍 Which is the odd one out? (a) a folding table (b) ice (c) card paper (d) sugar
  25. 25.Vihaan plans to make 19 cups of lemonade. Each needs ₹9 of materials, and a banner costs ₹260 once. What total budget is needed (in ₹)?
  26. 26.True or false: “a cooler box” is a running cost. (a) False (b) True
  27. 27.Riya has ₹150 to spend on packs of cups. One pack of cups costs ₹20. What is the greatest number of packs of cups Riya can buy?
  28. 28.Which of these is a running cost? (a) a folding table (b) a juicer (c) a cash box (d) tea leaves and milk
  29. 29.Lakshmi has a budget of ₹900. The stock costs ₹270 and the stall fee is ₹680. Is the budget enough? (a) Yes (b) No
  30. 30.Which of these is a running cost? (a) a price board (b) a cash box (c) ice (d) a juicer
  31. 31.Which of these is a running cost? (a) a price board (b) a cooler box (c) lemons (d) a folding table
  32. 32.Ishaan has ₹410 to spend on rolls of ribbon. One roll of ribbon costs ₹10. What is the greatest number of rolls of ribbon Ishaan can buy?
  33. 33.Aarav’s stall budget is ₹700. Napkins cost ₹300, ribbon cost ₹50 and a banner cost ₹260. How many rupees of the budget are left?
  34. 34.Riya plans to make 37 clay diyas. Each needs ₹10 of materials, and a banner costs ₹230 once. What total budget is needed (in ₹)?
  35. 35.True or false: “a price board” is a running cost. (a) True (b) False
  36. 36.Dev’s stall budget is ₹990. Sugar cost ₹180, paper cups cost ₹260 and card paper cost ₹290. How many rupees of the budget are left?
  37. 37.Which of these is a running cost? (a) card paper (b) a cooler box (c) a folding table (d) a price board
  38. 38.Saanvi has a budget of ₹900. The stock costs ₹200 and the stall fee is ₹690. Is the budget enough? (a) Yes (b) No
  39. 39.📒 One-time cost or running cost: a cash box? (a) a one-time cost (b) a running cost
  40. 40.Zoya has a budget of ₹600. The stock costs ₹120 and the stall fee is ₹460. Is the budget enough? (a) No (b) Yes

Answer key

  1. a one-time cost
  2. a running cost
  3. 366
  4. a juicer
  5. 65
  6. 210
  7. a running cost
  8. a price board
  9. a cash box
  10. 120
  11. a running cost
  12. 150
  13. 40
  14. False
  15. True
  16. a cloth banner
  17. a one-time cost
  18. a folding table
  19. 290
  20. a one-time cost
  21. Yes
  22. 250
  23. 70
  24. a folding table
  25. 431
  26. False
  27. 7
  28. tea leaves and milk
  29. No
  30. ice
  31. lemons
  32. 41
  33. 90
  34. 600
  35. False
  36. 260
  37. card paper
  38. Yes
  39. a one-time cost
  40. Yes

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