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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 652 · 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) paper cups (b) lemons (c) a price board (d) card paper
  2. 2.Which of these is a running cost? (a) a juicer (b) a cooler box (c) seeds and soil (d) a cloth banner
  3. 3.Dev has ₹90 to spend on rolls of ribbon. One roll of ribbon costs ₹4. What is the greatest number of rolls of ribbon Dev can buy?
  4. 4.📒 One-time cost or running cost: a cloth banner? (a) a one-time cost (b) a running cost
  5. 5.Zoya has ₹390 to spend on sheets of card paper. One sheet of card paper costs ₹5. What is the greatest number of sheets of card paper Zoya can buy?
  6. 6.📒 One-time cost or running cost: lemons? (a) a one-time cost (b) a running cost
  7. 7.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  8. 8.Aarav has a budget of ₹1000. The stock costs ₹180 and the stall fee is ₹830. Is the budget enough? (a) No (b) Yes
  9. 9.Lakshmi has a budget of ₹300. The stock costs ₹70 and the stall fee is ₹220. Is the budget enough? (a) Yes (b) No
  10. 10.True or false: “sugar” is a one-time cost. (a) True (b) False
  11. 11.Arjun’s stall budget is ₹460. Lemons cost ₹40, pots cost ₹260 and card paper cost ₹110. How many rupees of the budget are left?
  12. 12.True or false: “a price board” is a running cost. (a) False (b) True
  13. 13.True or false: “a cash box” is a running cost. (a) False (b) True
  14. 14.Rohan plans to make 36 cups of lemonade. Each needs ₹5 of materials, and a banner costs ₹290 once. What total budget is needed (in ₹)?
  15. 15.Gurpreet has ₹500 to spend on sheets of card paper. One sheet of card paper costs ₹10. What is the greatest number of sheets of card paper Gurpreet can buy?
  16. 16.Ananya has a budget of ₹600. The stock costs ₹80 and the stall fee is ₹510. Is the budget enough? (a) No (b) Yes
  17. 17.Meera’s stall budget is ₹770. Lemons cost ₹80, seeds cost ₹280 and paper cups cost ₹290. How many rupees of the budget are left?
  18. 18.📒 One-time cost or running cost: sugar? (a) a one-time cost (b) a running cost
  19. 19.Which of these is a one-time cost? (a) ice (b) lemons (c) seeds and soil (d) a cloth banner
  20. 20.Which of these is a running cost? (a) a price board (b) a cloth banner (c) tea leaves and milk (d) a folding table
  21. 21.Which of these is a running cost? (a) a cloth banner (b) a cooler box (c) a price board (d) sugar
  22. 22.Tara plans to make 34 paper bookmarks. Each needs ₹6 of materials, and a banner costs ₹290 once. What total budget is needed (in ₹)?
  23. 23.Vihaan has ₹160 to spend on packs of cups. One pack of cups costs ₹5. What is the greatest number of packs of cups Vihaan can buy?
  24. 24.Arjun has ₹470 to spend on lemons. One lemon costs ₹8. What is the greatest number of lemons Arjun can buy?
  25. 25.Dev has a budget of ₹500. The stock costs ₹210 and the stall fee is ₹240. Is the budget enough? (a) No (b) Yes
  26. 26.True or false: “ice” is a one-time cost. (a) True (b) False
  27. 27.🔍 Which is the odd one out? (a) a cloth banner (b) ice (c) a price board (d) a folding table
  28. 28.Ananya plans to make 44 paper bookmarks. Each needs ₹2 of materials, and a banner costs ₹260 once. What total budget is needed (in ₹)?
  29. 29.Which of these is a one-time cost? (a) card paper (b) a folding table (c) paper cups (d) sugar
  30. 30.Ananya plans to make 20 friendship bands. Each needs ₹7 of materials, and a banner costs ₹280 once. What total budget is needed (in ₹)?
  31. 31.True or false: “a juicer” is a running cost. (a) False (b) True
  32. 32.🔍 Which is the odd one out? (a) lemons (b) tea leaves and milk (c) card paper (d) a cloth banner
  33. 33.True or false: “card paper” is a running cost. (a) False (b) True
  34. 34.True or false: “a cooler box” is a running cost. (a) False (b) True
  35. 35.Which of these is a running cost? (a) a juicer (b) a folding table (c) a cash box (d) paper cups
  36. 36.Which of these is a running cost? (a) a cloth banner (b) a cooler box (c) a folding table (d) lemons
  37. 37.Vihaan’s stall budget is ₹540. Card paper cost ₹100, paper cups cost ₹110 and ribbon cost ₹200. How many rupees of the budget are left?
  38. 38.True or false: “a cloth banner” is a one-time cost. (a) False (b) True
  39. 39.Kavya plans to make 28 cupcakes. Each needs ₹6 of materials, and a banner costs ₹60 once. What total budget is needed (in ₹)?
  40. 40.True or false: “a folding table” is a running cost. (a) True (b) False

Answer key

  1. a price board
  2. seeds and soil
  3. 22
  4. a one-time cost
  5. 78
  6. a running cost
  7. a one-time cost
  8. No
  9. Yes
  10. False
  11. 50
  12. False
  13. False
  14. 470
  15. 50
  16. Yes
  17. 120
  18. a running cost
  19. a cloth banner
  20. tea leaves and milk
  21. sugar
  22. 494
  23. 32
  24. 58
  25. Yes
  26. False
  27. ice
  28. 348
  29. a folding table
  30. 420
  31. False
  32. a cloth banner
  33. True
  34. False
  35. paper cups
  36. lemons
  37. 130
  38. True
  39. 228
  40. False

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