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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 651 · 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 is the odd one out? (a) a juicer (b) a cooler box (c) paper cups (d) a cloth banner
  2. 2.Saanvi plans to make 15 cups of lemonade. Each needs ₹10 of materials, and a banner costs ₹290 once. What total budget is needed (in ₹)?
  3. 3.Diya’s stall budget is ₹590. Lemons cost ₹90, card paper cost ₹250 and sugar cost ₹210. How many rupees of the budget are left?
  4. 4.Gurpreet plans to make 17 friendship bands. Each needs ₹2 of materials, and a banner costs ₹110 once. What total budget is needed (in ₹)?
  5. 5.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
  6. 6.Kavya’s stall budget is ₹800. Sugar cost ₹180, a banner cost ₹290 and ribbon cost ₹240. How many rupees of the budget are left?
  7. 7.Which of these is a running cost? (a) a folding table (b) a price board (c) a cloth banner (d) tea leaves and milk
  8. 8.🔍 Which is the odd one out? (a) paper cups (b) sugar (c) a price board (d) ice
  9. 9.Tara’s stall budget is ₹510. Napkins cost ₹60, seeds cost ₹150 and sugar cost ₹60. How many rupees of the budget are left?
  10. 10.🔍 Which is the odd one out? (a) sugar (b) a cloth banner (c) a cooler box (d) a folding table
  11. 11.📒 One-time cost or running cost: seeds and soil? (a) a running cost (b) a one-time cost
  12. 12.Ishaan’s stall budget is ₹370. Lemons cost ₹170, paper cups cost ₹50 and seeds cost ₹110. How many rupees of the budget are left?
  13. 13.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost
  14. 14.Dev’s stall budget is ₹490. Lemons cost ₹40, ribbon cost ₹20 and card paper cost ₹230. How many rupees of the budget are left?
  15. 15.Nisha’s stall budget is ₹620. Sugar cost ₹20, a banner cost ₹160 and ribbon cost ₹170. How many rupees of the budget are left?
  16. 16.True or false: “a folding table” is a one-time cost. (a) True (b) False
  17. 17.Riya has a budget of ₹700. The stock costs ₹340 and the stall fee is ₹310. Is the budget enough? (a) No (b) Yes
  18. 18.🔍 Which is the odd one out? (a) a cloth banner (b) a cash box (c) a price board (d) lemons
  19. 19.Which of these is a one-time cost? (a) tea leaves and milk (b) ice (c) card paper (d) a cooler box
  20. 20.Aarav plans to make 33 clay diyas. Each needs ₹9 of materials, and a banner costs ₹240 once. What total budget is needed (in ₹)?
  21. 21.Rohan plans to make 49 glasses of chai. Each needs ₹4 of materials, and a banner costs ₹150 once. What total budget is needed (in ₹)?
  22. 22.Which of these is a running cost? (a) a cash box (b) lemons (c) a cloth banner (d) a juicer
  23. 23.Lakshmi’s stall budget is ₹650. A price board cost ₹280, pots cost ₹190 and ribbon cost ₹130. How many rupees of the budget are left?
  24. 24.🔍 Which is the odd one out? (a) a folding table (b) card paper (c) ice (d) sugar
  25. 25.📒 One-time cost or running cost: a price board? (a) a one-time cost (b) a running cost
  26. 26.🔍 Which is the odd one out? (a) a cash box (b) tea leaves and milk (c) sugar (d) lemons
  27. 27.Ishaan’s stall budget is ₹770. Sugar cost ₹180, seeds cost ₹200 and a banner cost ₹190. How many rupees of the budget are left?
  28. 28.True or false: “a price board” is a one-time cost. (a) False (b) True
  29. 29.Which of these is a one-time cost? (a) a price board (b) lemons (c) card paper (d) ice
  30. 30.Which of these is a one-time cost? (a) lemons (b) ice (c) a cloth banner (d) card paper
  31. 31.Diya’s stall budget is ₹590. Pots cost ₹170, napkins cost ₹270 and card paper cost ₹60. How many rupees of the budget are left?
  32. 32.Nisha has ₹370 to spend on packs of cups. One pack of cups costs ₹12. What is the greatest number of packs of cups Nisha can buy?
  33. 33.True or false: “a cooler box” is a one-time cost. (a) False (b) True
  34. 34.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  35. 35.True or false: “paper cups” is a one-time cost. (a) True (b) False
  36. 36.Farhan has a budget of ₹900. The stock costs ₹440 and the stall fee is ₹450. Is the budget enough? (a) No (b) Yes
  37. 37.Rohan has a budget of ₹800. The stock costs ₹150 and the stall fee is ₹670. Is the budget enough? (a) No (b) Yes
  38. 38.Joseph plans to make 41 bags of popcorn. Each needs ₹9 of materials, and a banner costs ₹120 once. What total budget is needed (in ₹)?
  39. 39.Which of these is a one-time cost? (a) ice (b) lemons (c) a juicer (d) card paper
  40. 40.Which of these is a one-time cost? (a) paper cups (b) ice (c) lemons (d) a folding table

Answer key

  1. paper cups
  2. 440
  3. 40
  4. 144
  5. a one-time cost
  6. 90
  7. tea leaves and milk
  8. a price board
  9. 240
  10. sugar
  11. a running cost
  12. 40
  13. a one-time cost
  14. 200
  15. 270
  16. True
  17. Yes
  18. lemons
  19. a cooler box
  20. 537
  21. 346
  22. lemons
  23. 50
  24. a folding table
  25. a one-time cost
  26. a cash box
  27. 200
  28. True
  29. a price board
  30. a cloth banner
  31. 90
  32. 30
  33. True
  34. a one-time cost
  35. False
  36. Yes
  37. No
  38. 489
  39. a juicer
  40. a folding table

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