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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 6 · 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 folding table (b) a cooler box (c) a price board (d) sugar
  2. 2.🔍 Which is the odd one out? (a) card paper (b) a price board (c) a juicer (d) a cloth banner
  3. 3.🔍 Which is the odd one out? (a) seeds and soil (b) lemons (c) sugar (d) a folding table
  4. 4.Riya has ₹180 to spend on rolls of ribbon. One roll of ribbon costs ₹15. What is the greatest number of rolls of ribbon Riya can buy?
  5. 5.True or false: “paper cups” is a one-time cost. (a) False (b) True
  6. 6.🔍 Which is the odd one out? (a) a price board (b) a cash box (c) paper cups (d) a cloth banner
  7. 7.Zoya’s stall budget is ₹500. Lemons cost ₹140, a banner cost ₹80 and sugar cost ₹100. How many rupees of the budget are left?
  8. 8.🔍 Which is the odd one out? (a) lemons (b) a cash box (c) ice (d) sugar
  9. 9.Riya’s stall budget is ₹890. A banner cost ₹250, lemons cost ₹230 and seeds cost ₹270. How many rupees of the budget are left?
  10. 10.Which of these is a running cost? (a) a cooler box (b) a cloth banner (c) a cash box (d) card paper
  11. 11.Saanvi’s stall budget is ₹830. Sugar cost ₹210, seeds cost ₹260 and pots cost ₹100. How many rupees of the budget are left?
  12. 12.Tara has ₹240 to spend on rolls of ribbon. One roll of ribbon costs ₹5. What is the greatest number of rolls of ribbon Tara can buy?
  13. 13.Ananya has a budget of ₹700. The stock costs ₹240 and the stall fee is ₹430. Is the budget enough? (a) No (b) Yes
  14. 14.True or false: “a juicer” is a running cost. (a) False (b) True
  15. 15.Which of these is a running cost? (a) a price board (b) ice (c) a juicer (d) a folding table
  16. 16.Which of these is a one-time cost? (a) lemons (b) a folding table (c) paper cups (d) tea leaves and milk
  17. 17.Aarav has ₹220 to spend on packs of cups. One pack of cups costs ₹6. What is the greatest number of packs of cups Aarav can buy?
  18. 18.Rohan’s stall budget is ₹500. Pots cost ₹210, a price board cost ₹220 and ribbon cost ₹50. How many rupees of the budget are left?
  19. 19.Rohan plans to make 18 paper bookmarks. Each needs ₹2 of materials, and a banner costs ₹240 once. What total budget is needed (in ₹)?
  20. 20.Zoya has a budget of ₹700. The stock costs ₹300 and the stall fee is ₹390. Is the budget enough? (a) No (b) Yes
  21. 21.Meera plans to make 43 glasses of chai. Each needs ₹8 of materials, and a banner costs ₹80 once. What total budget is needed (in ₹)?
  22. 22.🔍 Which is the odd one out? (a) a cash box (b) a juicer (c) seeds and soil (d) a cloth banner
  23. 23.Lakshmi plans to make 35 cupcakes. Each needs ₹4 of materials, and a banner costs ₹100 once. What total budget is needed (in ₹)?
  24. 24.Meera has a budget of ₹500. The stock costs ₹190 and the stall fee is ₹260. Is the budget enough? (a) Yes (b) No
  25. 25.Lakshmi has ₹460 to spend on packs of cups. One pack of cups costs ₹10. What is the greatest number of packs of cups Lakshmi can buy?
  26. 26.Gurpreet has ₹70 to spend on packets of seeds. One packet of seeds costs ₹5. What is the greatest number of packets of seeds Gurpreet can buy?
  27. 27.Diya’s stall budget is ₹570. Napkins cost ₹170, paper cups cost ₹110 and pots cost ₹20. How many rupees of the budget are left?
  28. 28.Which of these is a running cost? (a) a folding table (b) a juicer (c) a cash box (d) lemons
  29. 29.Arjun has a budget of ₹700. The stock costs ₹240 and the stall fee is ₹450. Is the budget enough? (a) Yes (b) No
  30. 30.🔍 Which is the odd one out? (a) a cloth banner (b) seeds and soil (c) paper cups (d) card paper
  31. 31.Saanvi has ₹130 to spend on sheets of card paper. One sheet of card paper costs ₹5. What is the greatest number of sheets of card paper Saanvi can buy?
  32. 32.Gurpreet plans to make 19 painted pebbles. Each needs ₹8 of materials, and a banner costs ₹60 once. What total budget is needed (in ₹)?
  33. 33.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
  34. 34.True or false: “sugar” is a running cost. (a) True (b) False
  35. 35.Nisha plans to make 42 painted pebbles. Each needs ₹3 of materials, and a banner costs ₹190 once. What total budget is needed (in ₹)?
  36. 36.True or false: “ice” is a running cost. (a) True (b) False
  37. 37.Gurpreet has a budget of ₹1000. The stock costs ₹320 and the stall fee is ₹730. Is the budget enough? (a) No (b) Yes
  38. 38.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  39. 39.Meera plans to make 50 potted plants. Each needs ₹4 of materials, and a banner costs ₹280 once. What total budget is needed (in ₹)?
  40. 40.True or false: “card paper” is a running cost. (a) True (b) False

Answer key

  1. sugar
  2. card paper
  3. a folding table
  4. 12
  5. False
  6. paper cups
  7. 180
  8. a cash box
  9. 140
  10. card paper
  11. 260
  12. 48
  13. Yes
  14. False
  15. ice
  16. a folding table
  17. 36
  18. 20
  19. 276
  20. Yes
  21. 424
  22. seeds and soil
  23. 240
  24. Yes
  25. 46
  26. 14
  27. 270
  28. lemons
  29. Yes
  30. a cloth banner
  31. 26
  32. 212
  33. a one-time cost
  34. True
  35. 316
  36. True
  37. No
  38. a one-time cost
  39. 480
  40. True

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