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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 619 · 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) sugar (c) a price board (d) a juicer
  2. 2.True or false: “lemons” is a one-time cost. (a) True (b) False
  3. 3.🔍 Which is the odd one out? (a) a cooler box (b) a folding table (c) paper cups (d) a cloth banner
  4. 4.True or false: “tea leaves and milk” is a one-time cost. (a) True (b) False
  5. 5.Zoya’s stall budget is ₹480. A price board cost ₹60, paper cups cost ₹240 and sugar cost ₹40. How many rupees of the budget are left?
  6. 6.🔍 Which is the odd one out? (a) sugar (b) a price board (c) a cloth banner (d) a juicer
  7. 7.Which of these is a one-time cost? (a) sugar (b) tea leaves and milk (c) a folding table (d) seeds and soil
  8. 8.🔍 Which is the odd one out? (a) tea leaves and milk (b) lemons (c) card paper (d) a folding table
  9. 9.Ananya’s stall budget is ₹420. Sugar cost ₹20, seeds cost ₹90 and a banner cost ₹40. How many rupees of the budget are left?
  10. 10.Which of these is a running cost? (a) a juicer (b) a price board (c) lemons (d) a cash box
  11. 11.Which of these is a one-time cost? (a) paper cups (b) a cloth banner (c) lemons (d) sugar
  12. 12.True or false: “a cash box” is a one-time cost. (a) True (b) False
  13. 13.🔍 Which is the odd one out? (a) a juicer (b) lemons (c) ice (d) tea leaves and milk
  14. 14.Vihaan has ₹260 to spend on packs of cups. One pack of cups costs ₹10. What is the greatest number of packs of cups Vihaan can buy?
  15. 15.Ananya plans to make 21 handmade cards. Each needs ₹10 of materials, and a banner costs ₹240 once. What total budget is needed (in ₹)?
  16. 16.True or false: “a cloth banner” is a running cost. (a) False (b) True
  17. 17.Saanvi’s stall budget is ₹400. Card paper cost ₹60, lemons cost ₹90 and a banner cost ₹180. How many rupees of the budget are left?
  18. 18.Which of these is a one-time cost? (a) tea leaves and milk (b) a price board (c) lemons (d) ice
  19. 19.Farhan has ₹460 to spend on packs of cups. One pack of cups costs ₹8. What is the greatest number of packs of cups Farhan can buy?
  20. 20.Farhan’s stall budget is ₹200. Napkins cost ₹80, lemons cost ₹50 and ribbon cost ₹20. How many rupees of the budget are left?
  21. 21.Which of these is a running cost? (a) seeds and soil (b) a folding table (c) a price board (d) a juicer
  22. 22.True or false: “a juicer” is a running cost. (a) False (b) True
  23. 23.Saanvi has ₹70 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?
  24. 24.Which of these is a one-time cost? (a) lemons (b) sugar (c) card paper (d) a juicer
  25. 25.Aarav has ₹260 to spend on sheets of card paper. One sheet of card paper costs ₹5. What is the greatest number of sheets of card paper Aarav can buy?
  26. 26.Dev’s stall budget is ₹540. Seeds cost ₹150, card paper cost ₹150 and paper cups cost ₹170. How many rupees of the budget are left?
  27. 27.True or false: “seeds and soil” is a running cost. (a) True (b) False
  28. 28.Meera has ₹140 to spend on packs of cups. One pack of cups costs ₹6. What is the greatest number of packs of cups Meera can buy?
  29. 29.Lakshmi has a budget of ₹600. The stock costs ₹70 and the stall fee is ₹540. Is the budget enough? (a) Yes (b) No
  30. 30.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  31. 31.True or false: “a folding table” is a one-time cost. (a) True (b) False
  32. 32.Meera has a budget of ₹700. The stock costs ₹190 and the stall fee is ₹550. Is the budget enough? (a) No (b) Yes
  33. 33.True or false: “card paper” is a running cost. (a) False (b) True
  34. 34.Rohan has ₹430 to spend on packs of cups. One pack of cups costs ₹20. What is the greatest number of packs of cups Rohan can buy?
  35. 35.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
  36. 36.Saanvi’s stall budget is ₹480. Napkins cost ₹210, paper cups cost ₹30 and a banner cost ₹150. How many rupees of the budget are left?
  37. 37.Gurpreet’s stall budget is ₹620. Sugar cost ₹260, card paper cost ₹190 and a banner cost ₹40. How many rupees of the budget are left?
  38. 38.Rohan’s stall budget is ₹660. Napkins cost ₹290, pots cost ₹170 and lemons cost ₹30. How many rupees of the budget are left?
  39. 39.Ananya plans to make 15 glasses of chai. Each needs ₹2 of materials, and a banner costs ₹50 once. What total budget is needed (in ₹)?
  40. 40.🔍 Which is the odd one out? (a) tea leaves and milk (b) a cooler box (c) a cash box (d) a price board

Answer key

  1. sugar
  2. False
  3. paper cups
  4. False
  5. 140
  6. sugar
  7. a folding table
  8. a folding table
  9. 270
  10. lemons
  11. a cloth banner
  12. True
  13. a juicer
  14. 26
  15. 450
  16. False
  17. 70
  18. a price board
  19. 57
  20. 50
  21. seeds and soil
  22. False
  23. 14
  24. a juicer
  25. 52
  26. 70
  27. True
  28. 23
  29. No
  30. a one-time cost
  31. True
  32. No
  33. True
  34. 21
  35. a one-time cost
  36. 90
  37. 130
  38. 170
  39. 80
  40. tea leaves and milk

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