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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 596 · 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: card paper? (a) a one-time cost (b) a running cost
  2. 2.Which of these is a one-time cost? (a) tea leaves and milk (b) a cooler box (c) seeds and soil (d) card paper
  3. 3.🔍 Which is the odd one out? (a) a juicer (b) a cloth banner (c) ice (d) a cash box
  4. 4.Diya has a budget of ₹700. The stock costs ₹240 and the stall fee is ₹410. Is the budget enough? (a) Yes (b) No
  5. 5.Vihaan has ₹360 to spend on packets of seeds. One packet of seeds costs ₹8. What is the greatest number of packets of seeds Vihaan can buy?
  6. 6.Kavya plans to make 18 fruit cups. Each needs ₹9 of materials, and a banner costs ₹130 once. What total budget is needed (in ₹)?
  7. 7.🔍 Which is the odd one out? (a) paper cups (b) ice (c) card paper (d) a cooler box
  8. 8.🔍 Which is the odd one out? (a) paper cups (b) a folding table (c) a price board (d) a cooler box
  9. 9.Riya plans to make 18 glasses of chai. Each needs ₹5 of materials, and a banner costs ₹150 once. What total budget is needed (in ₹)?
  10. 10.Diya has a budget of ₹300. The stock costs ₹80 and the stall fee is ₹180. Is the budget enough? (a) No (b) Yes
  11. 11.📒 One-time cost or running cost: ice? (a) a one-time cost (b) a running cost
  12. 12.Gurpreet plans to make 14 friendship bands. Each needs ₹7 of materials, and a banner costs ₹180 once. What total budget is needed (in ₹)?
  13. 13.Gurpreet has ₹300 to spend on sheets of card paper. One sheet of card paper costs ₹4. What is the greatest number of sheets of card paper Gurpreet can buy?
  14. 14.📒 One-time cost or running cost: sugar? (a) a running cost (b) a one-time cost
  15. 15.Zoya’s stall budget is ₹710. Ribbon cost ₹280, a price board cost ₹70 and a banner cost ₹210. How many rupees of the budget are left?
  16. 16.🔍 Which is the odd one out? (a) a cloth banner (b) tea leaves and milk (c) lemons (d) seeds and soil
  17. 17.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  18. 18.Dev plans to make 28 fruit cups. Each needs ₹6 of materials, and a banner costs ₹230 once. What total budget is needed (in ₹)?
  19. 19.Diya has a budget of ₹600. The stock costs ₹240 and the stall fee is ₹390. Is the budget enough? (a) Yes (b) No
  20. 20.True or false: “a price board” is a one-time cost. (a) False (b) True
  21. 21.Arjun plans to make 26 friendship bands. Each needs ₹8 of materials, and a banner costs ₹110 once. What total budget is needed (in ₹)?
  22. 22.Which of these is a running cost? (a) a folding table (b) a cooler box (c) a juicer (d) lemons
  23. 23.Arjun’s stall budget is ₹750. Ribbon cost ₹120, pots cost ₹220 and paper cups cost ₹250. How many rupees of the budget are left?
  24. 24.Which of these is a running cost? (a) a cash box (b) a juicer (c) card paper (d) a folding table
  25. 25.True or false: “a juicer” is a running cost. (a) True (b) False
  26. 26.Gurpreet has a budget of ₹400. The stock costs ₹60 and the stall fee is ₹370. Is the budget enough? (a) Yes (b) No
  27. 27.Which of these is a one-time cost? (a) sugar (b) a folding table (c) lemons (d) paper cups
  28. 28.🔍 Which is the odd one out? (a) seeds and soil (b) card paper (c) lemons (d) a juicer
  29. 29.📒 One-time cost or running cost: seeds and soil? (a) a one-time cost (b) a running cost
  30. 30.True or false: “tea leaves and milk” is a running cost. (a) True (b) False
  31. 31.Zoya’s stall budget is ₹720. Pots cost ₹240, sugar cost ₹50 and card paper cost ₹300. How many rupees of the budget are left?
  32. 32.Which of these is a one-time cost? (a) seeds and soil (b) card paper (c) tea leaves and milk (d) a price board
  33. 33.Lakshmi plans to make 35 cups of lemonade. Each needs ₹9 of materials, and a banner costs ₹80 once. What total budget is needed (in ₹)?
  34. 34.Tara has a budget of ₹900. The stock costs ₹450 and the stall fee is ₹400. Is the budget enough? (a) Yes (b) No
  35. 35.Tara’s stall budget is ₹410. Paper cups cost ₹60, pots cost ₹190 and ribbon cost ₹90. How many rupees of the budget are left?
  36. 36.Which of these is a running cost? (a) a folding table (b) a cloth banner (c) tea leaves and milk (d) a cash box
  37. 37.Meera’s stall budget is ₹670. A price board cost ₹270, sugar cost ₹100 and card paper cost ₹60. How many rupees of the budget are left?
  38. 38.Saanvi has a budget of ₹500. The stock costs ₹110 and the stall fee is ₹410. Is the budget enough? (a) Yes (b) No
  39. 39.Vihaan’s stall budget is ₹850. A banner cost ₹300, paper cups cost ₹280 and card paper cost ₹200. How many rupees of the budget are left?
  40. 40.Ananya has a budget of ₹400. The stock costs ₹80 and the stall fee is ₹330. Is the budget enough? (a) Yes (b) No

Answer key

  1. a running cost
  2. a cooler box
  3. ice
  4. Yes
  5. 45
  6. 292
  7. a cooler box
  8. paper cups
  9. 240
  10. Yes
  11. a running cost
  12. 278
  13. 75
  14. a running cost
  15. 150
  16. a cloth banner
  17. a one-time cost
  18. 398
  19. No
  20. True
  21. 318
  22. lemons
  23. 160
  24. card paper
  25. False
  26. No
  27. a folding table
  28. a juicer
  29. a running cost
  30. True
  31. 130
  32. a price board
  33. 395
  34. Yes
  35. 70
  36. tea leaves and milk
  37. 240
  38. No
  39. 70
  40. No

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