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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 662 · 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 cloth banner (b) a juicer (c) a cash box (d) paper cups
  2. 2.📒 One-time cost or running cost: a cloth banner? (a) a one-time cost (b) a running cost
  3. 3.Which of these is a running cost? (a) a cash box (b) seeds and soil (c) a cloth banner (d) a folding table
  4. 4.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
  5. 5.Nisha’s stall budget is ₹740. Paper cups cost ₹270, napkins cost ₹200 and a price board cost ₹180. How many rupees of the budget are left?
  6. 6.True or false: “sugar” is a running cost. (a) False (b) True
  7. 7.Which of these is a one-time cost? (a) a cash box (b) sugar (c) lemons (d) card paper
  8. 8.📒 One-time cost or running cost: lemons? (a) a one-time cost (b) a running cost
  9. 9.True or false: “a cash box” is a running cost. (a) True (b) False
  10. 10.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  11. 11.Aarav has ₹180 to spend on packets of seeds. One packet of seeds costs ₹10. What is the greatest number of packets of seeds Aarav can buy?
  12. 12.Ishaan has ₹300 to spend on rolls of ribbon. One roll of ribbon costs ₹4. What is the greatest number of rolls of ribbon Ishaan can buy?
  13. 13.Which of these is a running cost? (a) tea leaves and milk (b) a cooler box (c) a cash box (d) a juicer
  14. 14.True or false: “paper cups” is a running cost. (a) False (b) True
  15. 15.Joseph’s stall budget is ₹790. Seeds cost ₹150, lemons cost ₹170 and sugar cost ₹250. How many rupees of the budget are left?
  16. 16.Which of these is a running cost? (a) a folding table (b) a juicer (c) paper cups (d) a cooler box
  17. 17.Nisha plans to make 22 fruit cups. Each needs ₹9 of materials, and a banner costs ₹200 once. What total budget is needed (in ₹)?
  18. 18.Aarav’s stall budget is ₹620. Sugar cost ₹170, pots cost ₹140 and seeds cost ₹260. How many rupees of the budget are left?
  19. 19.📒 One-time cost or running cost: card paper? (a) a running cost (b) a one-time cost
  20. 20.True or false: “ice” is a one-time cost. (a) True (b) False
  21. 21.Tara’s stall budget is ₹410. A price board cost ₹210, napkins cost ₹40 and seeds cost ₹100. How many rupees of the budget are left?
  22. 22.Riya has a budget of ₹400. The stock costs ₹190 and the stall fee is ₹240. Is the budget enough? (a) Yes (b) No
  23. 23.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost
  24. 24.Which of these is a one-time cost? (a) paper cups (b) seeds and soil (c) a juicer (d) lemons
  25. 25.Which of these is a one-time cost? (a) seeds and soil (b) a folding table (c) sugar (d) paper cups
  26. 26.🔍 Which is the odd one out? (a) a price board (b) seeds and soil (c) sugar (d) paper cups
  27. 27.Riya’s stall budget is ₹510. A banner cost ₹110, sugar cost ₹90 and seeds cost ₹130. How many rupees of the budget are left?
  28. 28.Joseph has ₹120 to spend on packets of seeds. One packet of seeds costs ₹15. What is the greatest number of packets of seeds Joseph can buy?
  29. 29.🔍 Which is the odd one out? (a) ice (b) card paper (c) a juicer (d) sugar
  30. 30.Which of these is a one-time cost? (a) tea leaves and milk (b) sugar (c) a price board (d) seeds and soil
  31. 31.Which of these is a running cost? (a) a folding table (b) a cash box (c) sugar (d) a cloth banner
  32. 32.Rohan has ₹220 to spend on lemons. One lemon costs ₹4. What is the greatest number of lemons Rohan can buy?
  33. 33.Saanvi has a budget of ₹400. The stock costs ₹100 and the stall fee is ₹250. Is the budget enough? (a) Yes (b) No
  34. 34.True or false: “tea leaves and milk” is a one-time cost. (a) True (b) False
  35. 35.🔍 Which is the odd one out? (a) seeds and soil (b) a price board (c) a cooler box (d) a folding table
  36. 36.Kavya plans to make 19 jute bags. Each needs ₹6 of materials, and a banner costs ₹50 once. What total budget is needed (in ₹)?
  37. 37.Kabir has ₹150 to spend on lemons. One lemon costs ₹5. What is the greatest number of lemons Kabir can buy?
  38. 38.Farhan’s stall budget is ₹460. Lemons cost ₹240, a banner cost ₹130 and ribbon cost ₹30. How many rupees of the budget are left?
  39. 39.Rohan plans to make 36 bags of popcorn. Each needs ₹8 of materials, and a banner costs ₹80 once. What total budget is needed (in ₹)?
  40. 40.Riya’s stall budget is ₹650. Napkins cost ₹210, sugar cost ₹40 and seeds cost ₹140. How many rupees of the budget are left?

Answer key

  1. paper cups
  2. a one-time cost
  3. seeds and soil
  4. a running cost
  5. 90
  6. True
  7. a cash box
  8. a running cost
  9. False
  10. a one-time cost
  11. 18
  12. 75
  13. tea leaves and milk
  14. True
  15. 220
  16. paper cups
  17. 398
  18. 50
  19. a running cost
  20. False
  21. 60
  22. No
  23. a one-time cost
  24. a juicer
  25. a folding table
  26. a price board
  27. 180
  28. 8
  29. a juicer
  30. a price board
  31. sugar
  32. 55
  33. Yes
  34. False
  35. seeds and soil
  36. 164
  37. 30
  38. 60
  39. 368
  40. 260

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