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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 725 · 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) ice (b) a juicer (c) sugar (d) lemons
  2. 2.Which of these is a running cost? (a) a folding table (b) seeds and soil (c) a juicer (d) a cloth banner
  3. 3.🔍 Which is the odd one out? (a) a price board (b) paper cups (c) ice (d) lemons
  4. 4.Dev has a budget of ₹900. The stock costs ₹300 and the stall fee is ₹560. Is the budget enough? (a) No (b) Yes
  5. 5.True or false: “card paper” is a one-time cost. (a) True (b) False
  6. 6.🔍 Which is the odd one out? (a) lemons (b) ice (c) a folding table (d) paper cups
  7. 7.Zoya plans to make 42 fruit cups. Each needs ₹8 of materials, and a banner costs ₹180 once. What total budget is needed (in ₹)?
  8. 8.🔍 Which is the odd one out? (a) sugar (b) seeds and soil (c) a cash box (d) paper cups
  9. 9.🔍 Which is the odd one out? (a) a cloth banner (b) a folding table (c) a juicer (d) lemons
  10. 10.True or false: “ice” is a one-time cost. (a) True (b) False
  11. 11.Tara’s stall budget is ₹590. Sugar cost ₹300, a banner cost ₹170 and card paper cost ₹80. How many rupees of the budget are left?
  12. 12.Arjun has ₹110 to spend on rolls of ribbon. One roll of ribbon costs ₹15. What is the greatest number of rolls of ribbon Arjun can buy?
  13. 13.Rohan has ₹430 to spend on packs of cups. One pack of cups costs ₹8. What is the greatest number of packs of cups Rohan can buy?
  14. 14.Farhan has ₹440 to spend on packets of seeds. One packet of seeds costs ₹5. What is the greatest number of packets of seeds Farhan can buy?
  15. 15.Rohan has ₹110 to spend on lemons. One lemon costs ₹20. What is the greatest number of lemons Rohan can buy?
  16. 16.Gurpreet’s stall budget is ₹760. A banner cost ₹290, a price board cost ₹90 and pots cost ₹170. How many rupees of the budget are left?
  17. 17.Arjun has ₹360 to spend on rolls of ribbon. One roll of ribbon costs ₹6. What is the greatest number of rolls of ribbon Arjun can buy?
  18. 18.Which of these is a one-time cost? (a) tea leaves and milk (b) card paper (c) a cash box (d) lemons
  19. 19.Meera’s stall budget is ₹780. Ribbon cost ₹280, a banner cost ₹130 and napkins cost ₹130. How many rupees of the budget are left?
  20. 20.📒 One-time cost or running cost: lemons? (a) a running cost (b) a one-time cost
  21. 21.Tara plans to make 19 cups of lemonade. Each needs ₹7 of materials, and a banner costs ₹80 once. What total budget is needed (in ₹)?
  22. 22.Aarav’s stall budget is ₹430. Card paper cost ₹90, pots cost ₹220 and napkins cost ₹60. How many rupees of the budget are left?
  23. 23.True or false: “paper cups” is a one-time cost. (a) False (b) True
  24. 24.Which of these is a one-time cost? (a) a price board (b) card paper (c) sugar (d) lemons
  25. 25.Farhan has a budget of ₹300. The stock costs ₹50 and the stall fee is ₹290. Is the budget enough? (a) No (b) Yes
  26. 26.Which of these is a one-time cost? (a) card paper (b) sugar (c) lemons (d) a cooler box
  27. 27.Which of these is a running cost? (a) a cloth banner (b) a price board (c) a cooler box (d) lemons
  28. 28.Riya’s stall budget is ₹470. Lemons cost ₹80, paper cups cost ₹250 and a price board cost ₹120. How many rupees of the budget are left?
  29. 29.Kavya has ₹150 to spend on packs of cups. One pack of cups costs ₹8. What is the greatest number of packs of cups Kavya can buy?
  30. 30.True or false: “paper cups” is a running cost. (a) False (b) True
  31. 31.True or false: “seeds and soil” is a one-time cost. (a) False (b) True
  32. 32.True or false: “a cooler box” is a running cost. (a) True (b) False
  33. 33.📒 One-time cost or running cost: a price board? (a) a one-time cost (b) a running cost
  34. 34.Gurpreet has a budget of ₹300. The stock costs ₹80 and the stall fee is ₹240. Is the budget enough? (a) No (b) Yes
  35. 35.🔍 Which is the odd one out? (a) a cash box (b) a folding table (c) sugar (d) a cooler box
  36. 36.Ishaan has ₹410 to spend on lemons. One lemon costs ₹10. What is the greatest number of lemons Ishaan can buy?
  37. 37.📒 One-time cost or running cost: card paper? (a) a one-time cost (b) a running cost
  38. 38.Ananya has ₹140 to spend on rolls of ribbon. One roll of ribbon costs ₹4. What is the greatest number of rolls of ribbon Ananya can buy?
  39. 39.Lakshmi plans to make 38 fruit cups. Each needs ₹4 of materials, and a banner costs ₹190 once. What total budget is needed (in ₹)?
  40. 40.Which of these is a running cost? (a) a cooler box (b) ice (c) a folding table (d) a juicer

Answer key

  1. a juicer
  2. seeds and soil
  3. a price board
  4. Yes
  5. False
  6. a folding table
  7. 516
  8. a cash box
  9. lemons
  10. False
  11. 40
  12. 7
  13. 53
  14. 88
  15. 5
  16. 210
  17. 60
  18. a cash box
  19. 240
  20. a running cost
  21. 213
  22. 60
  23. False
  24. a price board
  25. No
  26. a cooler box
  27. lemons
  28. 20
  29. 18
  30. True
  31. False
  32. False
  33. a one-time cost
  34. No
  35. sugar
  36. 41
  37. a running cost
  38. 35
  39. 342
  40. ice

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