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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 72 · 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 of these is a one-time cost? (a) sugar (b) a juicer (c) lemons (d) ice
  2. 2.📒 One-time cost or running cost: lemons? (a) a running cost (b) a one-time cost
  3. 3.Meera has a budget of ₹600. The stock costs ₹140 and the stall fee is ₹420. Is the budget enough? (a) Yes (b) No
  4. 4.True or false: “ice” is a one-time cost. (a) True (b) False
  5. 5.Saanvi has ₹90 to spend on packs of cups. One pack of cups costs ₹10. What is the greatest number of packs of cups Saanvi can buy?
  6. 6.Joseph’s stall budget is ₹860. Lemons cost ₹130, sugar cost ₹230 and paper cups cost ₹280. How many rupees of the budget are left?
  7. 7.🔍 Which is the odd one out? (a) lemons (b) card paper (c) a juicer (d) sugar
  8. 8.Saanvi plans to make 48 cupcakes. Each needs ₹4 of materials, and a banner costs ₹250 once. What total budget is needed (in ₹)?
  9. 9.Farhan’s stall budget is ₹270. Lemons cost ₹70, card paper cost ₹150 and paper cups cost ₹40. How many rupees of the budget are left?
  10. 10.🔍 Which is the odd one out? (a) a cooler box (b) ice (c) tea leaves and milk (d) seeds and soil
  11. 11.Which of these is a running cost? (a) a cash box (b) a juicer (c) paper cups (d) a cloth banner
  12. 12.🔍 Which is the odd one out? (a) seeds and soil (b) tea leaves and milk (c) a price board (d) paper cups
  13. 13.True or false: “a folding table” is a one-time cost. (a) False (b) True
  14. 14.Diya has ₹390 to spend on packets of seeds. One packet of seeds costs ₹8. What is the greatest number of packets of seeds Diya can buy?
  15. 15.📒 One-time cost or running cost: sugar? (a) a running cost (b) a one-time cost
  16. 16.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  17. 17.Nisha plans to make 38 friendship bands. Each needs ₹8 of materials, and a banner costs ₹120 once. What total budget is needed (in ₹)?
  18. 18.Ananya’s stall budget is ₹570. Seeds cost ₹110, ribbon cost ₹20 and a price board cost ₹250. How many rupees of the budget are left?
  19. 19.Which of these is a running cost? (a) tea leaves and milk (b) a price board (c) a cooler box (d) a folding table
  20. 20.🔍 Which is the odd one out? (a) a juicer (b) lemons (c) a folding table (d) a price board
  21. 21.Joseph has ₹120 to spend on sheets of card paper. One sheet of card paper costs ₹12. What is the greatest number of sheets of card paper Joseph can buy?
  22. 22.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost
  23. 23.True or false: “a price board” is a one-time cost. (a) True (b) False
  24. 24.Saanvi has a budget of ₹1000. The stock costs ₹120 and the stall fee is ₹900. Is the budget enough? (a) No (b) Yes
  25. 25.Kabir’s stall budget is ₹560. Card paper cost ₹140, sugar cost ₹50 and paper cups cost ₹210. How many rupees of the budget are left?
  26. 26.True or false: “a folding table” is a running cost. (a) True (b) False
  27. 27.🔍 Which is the odd one out? (a) a folding table (b) a cooler box (c) sugar (d) a juicer
  28. 28.Tara plans to make 19 clay diyas. Each needs ₹2 of materials, and a banner costs ₹150 once. What total budget is needed (in ₹)?
  29. 29.🔍 Which is the odd one out? (a) paper cups (b) seeds and soil (c) ice (d) a cash box
  30. 30.🔍 Which is the odd one out? (a) a cooler box (b) tea leaves and milk (c) a price board (d) a cash box
  31. 31.Kabir has a budget of ₹500. The stock costs ₹150 and the stall fee is ₹300. Is the budget enough? (a) Yes (b) No
  32. 32.Aarav has ₹140 to spend on rolls of ribbon. One roll of ribbon costs ₹20. What is the greatest number of rolls of ribbon Aarav can buy?
  33. 33.🔍 Which is the odd one out? (a) a cash box (b) a cloth banner (c) a folding table (d) paper cups
  34. 34.Saanvi’s stall budget is ₹830. Card paper cost ₹90, paper cups cost ₹240 and napkins cost ₹240. How many rupees of the budget are left?
  35. 35.Gurpreet has ₹420 to spend on packets of seeds. One packet of seeds costs ₹6. What is the greatest number of packets of seeds Gurpreet can buy?
  36. 36.📒 One-time cost or running cost: paper cups? (a) a one-time cost (b) a running cost
  37. 37.Kabir has ₹210 to spend on packets of seeds. One packet of seeds costs ₹15. What is the greatest number of packets of seeds Kabir can buy?
  38. 38.Meera has a budget of ₹500. The stock costs ₹80 and the stall fee is ₹390. Is the budget enough? (a) No (b) Yes
  39. 39.Tara has ₹230 to spend on lemons. One lemon costs ₹8. What is the greatest number of lemons Tara can buy?
  40. 40.Tara has ₹210 to spend on rolls of ribbon. One roll of ribbon costs ₹20. What is the greatest number of rolls of ribbon Tara can buy?

Answer key

  1. a juicer
  2. a running cost
  3. Yes
  4. False
  5. 9
  6. 220
  7. a juicer
  8. 442
  9. 10
  10. a cooler box
  11. paper cups
  12. a price board
  13. True
  14. 48
  15. a running cost
  16. a one-time cost
  17. 424
  18. 190
  19. tea leaves and milk
  20. lemons
  21. 10
  22. a one-time cost
  23. True
  24. No
  25. 160
  26. False
  27. sugar
  28. 188
  29. a cash box
  30. tea leaves and milk
  31. Yes
  32. 7
  33. paper cups
  34. 260
  35. 70
  36. a running cost
  37. 14
  38. Yes
  39. 28
  40. 10

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