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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 669 · 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.Saanvi plans to make 36 paper bookmarks. Each needs ₹5 of materials, and a banner costs ₹190 once. What total budget is needed (in ₹)?
  2. 2.🔍 Which is the odd one out? (a) a juicer (b) a cooler box (c) a cash box (d) paper cups
  3. 3.Which of these is a one-time cost? (a) a cloth banner (b) lemons (c) sugar (d) paper cups
  4. 4.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
  5. 5.Farhan’s stall budget is ₹720. A banner cost ₹120, pots cost ₹120 and seeds cost ₹190. How many rupees of the budget are left?
  6. 6.Which of these is a running cost? (a) a cloth banner (b) a folding table (c) lemons (d) a juicer
  7. 7.Which of these is a one-time cost? (a) tea leaves and milk (b) sugar (c) card paper (d) a price board
  8. 8.📒 One-time cost or running cost: sugar? (a) a running cost (b) a one-time cost
  9. 9.Ananya has a budget of ₹600. The stock costs ₹180 and the stall fee is ₹440. Is the budget enough? (a) Yes (b) No
  10. 10.Ishaan’s stall budget is ₹230. Card paper cost ₹70, paper cups cost ₹40 and seeds cost ₹70. How many rupees of the budget are left?
  11. 11.Saanvi’s stall budget is ₹690. Napkins cost ₹20, ribbon cost ₹300 and sugar cost ₹300. How many rupees of the budget are left?
  12. 12.True or false: “ice” is a running cost. (a) True (b) False
  13. 13.True or false: “a cloth banner” is a running cost. (a) False (b) True
  14. 14.🔍 Which is the odd one out? (a) a juicer (b) a cooler box (c) lemons (d) a cash box
  15. 15.Rohan’s stall budget is ₹540. Sugar cost ₹220, card paper cost ₹140 and ribbon cost ₹30. How many rupees of the budget are left?
  16. 16.True or false: “lemons” is a one-time cost. (a) True (b) False
  17. 17.Which of these is a running cost? (a) a cloth banner (b) a price board (c) seeds and soil (d) a folding table
  18. 18.Which of these is a running cost? (a) a cash box (b) a cooler box (c) tea leaves and milk (d) a cloth banner
  19. 19.True or false: “sugar” is a running cost. (a) True (b) False
  20. 20.🔍 Which is the odd one out? (a) a juicer (b) ice (c) paper cups (d) tea leaves and milk
  21. 21.Meera has ₹420 to spend on sheets of card paper. One sheet of card paper costs ₹8. What is the greatest number of sheets of card paper Meera can buy?
  22. 22.Which of these is a one-time cost? (a) a juicer (b) paper cups (c) seeds and soil (d) sugar
  23. 23.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost
  24. 24.Diya has a budget of ₹1000. The stock costs ₹120 and the stall fee is ₹840. Is the budget enough? (a) Yes (b) No
  25. 25.True or false: “a cash box” is a running cost. (a) False (b) True
  26. 26.Which of these is a running cost? (a) a folding table (b) a cooler box (c) a cash box (d) paper cups
  27. 27.Which of these is a running cost? (a) a cash box (b) a folding table (c) ice (d) a cooler box
  28. 28.📒 One-time cost or running cost: tea leaves and milk? (a) a running cost (b) a one-time cost
  29. 29.🔍 Which is the odd one out? (a) sugar (b) lemons (c) paper cups (d) a price board
  30. 30.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost
  31. 31.Riya has ₹460 to spend on packets of seeds. One packet of seeds costs ₹10. What is the greatest number of packets of seeds Riya can buy?
  32. 32.True or false: “a juicer” is a running cost. (a) True (b) False
  33. 33.Kabir has a budget of ₹300. The stock costs ₹80 and the stall fee is ₹230. Is the budget enough? (a) No (b) Yes
  34. 34.Kavya plans to make 17 cups of lemonade. Each needs ₹3 of materials, and a banner costs ₹230 once. What total budget is needed (in ₹)?
  35. 35.🔍 Which is the odd one out? (a) seeds and soil (b) lemons (c) sugar (d) a cloth banner
  36. 36.Which of these is a one-time cost? (a) tea leaves and milk (b) card paper (c) seeds and soil (d) a cooler box
  37. 37.True or false: “sugar” is a one-time cost. (a) True (b) False
  38. 38.Kabir’s stall budget is ₹330. Seeds cost ₹70, card paper cost ₹140 and ribbon cost ₹100. How many rupees of the budget are left?
  39. 39.Ananya has a budget of ₹1000. The stock costs ₹240 and the stall fee is ₹720. Is the budget enough? (a) Yes (b) No
  40. 40.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost

Answer key

  1. 370
  2. paper cups
  3. a cloth banner
  4. a one-time cost
  5. 290
  6. lemons
  7. a price board
  8. a running cost
  9. No
  10. 50
  11. 70
  12. True
  13. False
  14. lemons
  15. 150
  16. False
  17. seeds and soil
  18. tea leaves and milk
  19. True
  20. a juicer
  21. 52
  22. a juicer
  23. a one-time cost
  24. Yes
  25. False
  26. paper cups
  27. ice
  28. a running cost
  29. a price board
  30. a one-time cost
  31. 46
  32. False
  33. No
  34. 281
  35. a cloth banner
  36. a cooler box
  37. False
  38. 20
  39. Yes
  40. a one-time cost

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