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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 637 · 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.True or false: “paper cups” is a one-time cost. (a) True (b) False
  2. 2.Diya has a budget of ₹600. The stock costs ₹150 and the stall fee is ₹400. Is the budget enough? (a) Yes (b) No
  3. 3.Which of these is a one-time cost? (a) card paper (b) paper cups (c) ice (d) a price board
  4. 4.🔍 Which is the odd one out? (a) sugar (b) a cash box (c) a price board (d) a folding table
  5. 5.Nisha’s stall budget is ₹420. Napkins cost ₹100, seeds cost ₹50 and lemons cost ₹170. How many rupees of the budget are left?
  6. 6.Ishaan has a budget of ₹300. The stock costs ₹80 and the stall fee is ₹270. Is the budget enough? (a) Yes (b) No
  7. 7.True or false: “a juicer” is a running cost. (a) False (b) True
  8. 8.Which of these is a running cost? (a) a cash box (b) a cloth banner (c) sugar (d) a price board
  9. 9.🔍 Which is the odd one out? (a) tea leaves and milk (b) a cash box (c) lemons (d) sugar
  10. 10.Saanvi has ₹140 to spend on packets of seeds. One packet of seeds costs ₹5. What is the greatest number of packets of seeds Saanvi can buy?
  11. 11.📒 One-time cost or running cost: card paper? (a) a one-time cost (b) a running cost
  12. 12.📒 One-time cost or running cost: ice? (a) a running cost (b) a one-time cost
  13. 13.Which of these is a running cost? (a) a cooler box (b) a price board (c) a cloth banner (d) ice
  14. 14.True or false: “ice” is a one-time cost. (a) True (b) False
  15. 15.Aarav plans to make 16 fruit cups. Each needs ₹4 of materials, and a banner costs ₹250 once. What total budget is needed (in ₹)?
  16. 16.True or false: “a cooler box” is a one-time cost. (a) True (b) False
  17. 17.True or false: “seeds and soil” is a running cost. (a) False (b) True
  18. 18.📒 One-time cost or running cost: seeds and soil? (a) a one-time cost (b) a running cost
  19. 19.Aarav’s stall budget is ₹870. Card paper cost ₹200, lemons cost ₹240 and pots cost ₹130. How many rupees of the budget are left?
  20. 20.True or false: “a cloth banner” is a one-time cost. (a) False (b) True
  21. 21.Rohan plans to make 42 glasses of chai. Each needs ₹2 of materials, and a banner costs ₹60 once. What total budget is needed (in ₹)?
  22. 22.Joseph plans to make 50 fruit cups. Each needs ₹9 of materials, and a banner costs ₹190 once. What total budget is needed (in ₹)?
  23. 23.📒 One-time cost or running cost: a cloth banner? (a) a one-time cost (b) a running cost
  24. 24.Dev has ₹410 to spend on packs of cups. One pack of cups costs ₹8. What is the greatest number of packs of cups Dev can buy?
  25. 25.True or false: “card paper” is a running cost. (a) True (b) False
  26. 26.Riya’s stall budget is ₹630. Card paper cost ₹60, ribbon cost ₹240 and a price board cost ₹40. How many rupees of the budget are left?
  27. 27.🔍 Which is the odd one out? (a) a folding table (b) tea leaves and milk (c) seeds and soil (d) paper cups
  28. 28.Riya has a budget of ₹800. The stock costs ₹260 and the stall fee is ₹530. Is the budget enough? (a) No (b) Yes
  29. 29.Rohan plans to make 19 cups of lemonade. Each needs ₹3 of materials, and a banner costs ₹200 once. What total budget is needed (in ₹)?
  30. 30.Aarav has a budget of ₹400. The stock costs ₹100 and the stall fee is ₹300. Is the budget enough? (a) No (b) Yes
  31. 31.Diya has ₹130 to spend on packs of cups. One pack of cups costs ₹4. What is the greatest number of packs of cups Diya can buy?
  32. 32.Gurpreet plans to make 16 jute bags. Each needs ₹6 of materials, and a banner costs ₹240 once. What total budget is needed (in ₹)?
  33. 33.Gurpreet has a budget of ₹700. The stock costs ₹80 and the stall fee is ₹590. Is the budget enough? (a) No (b) Yes
  34. 34.Farhan has a budget of ₹1000. The stock costs ₹200 and the stall fee is ₹770. Is the budget enough? (a) Yes (b) No
  35. 35.Aarav has ₹190 to spend on packets of seeds. One packet of seeds costs ₹15. What is the greatest number of packets of seeds Aarav can buy?
  36. 36.Ananya has a budget of ₹400. The stock costs ₹170 and the stall fee is ₹250. Is the budget enough? (a) No (b) Yes
  37. 37.🔍 Which is the odd one out? (a) a cash box (b) a folding table (c) a cooler box (d) ice
  38. 38.Zoya’s stall budget is ₹350. Paper cups cost ₹240, a banner cost ₹30 and ribbon cost ₹70. How many rupees of the budget are left?
  39. 39.True or false: “card paper” is a one-time cost. (a) True (b) False
  40. 40.📒 One-time cost or running cost: paper cups? (a) a running cost (b) a one-time cost

Answer key

  1. False
  2. Yes
  3. a price board
  4. sugar
  5. 100
  6. No
  7. False
  8. sugar
  9. a cash box
  10. 28
  11. a running cost
  12. a running cost
  13. ice
  14. False
  15. 314
  16. True
  17. True
  18. a running cost
  19. 300
  20. True
  21. 144
  22. 640
  23. a one-time cost
  24. 51
  25. True
  26. 290
  27. a folding table
  28. Yes
  29. 257
  30. Yes
  31. 32
  32. 336
  33. Yes
  34. Yes
  35. 12
  36. No
  37. ice
  38. 10
  39. False
  40. a running cost

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