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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 734 · 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) card paper (b) a cash box (c) ice (d) paper cups
  2. 2.True or false: “a juicer” is a running cost. (a) False (b) True
  3. 3.True or false: “ice” is a one-time cost. (a) True (b) False
  4. 4.Diya has ₹390 to spend on lemons. One lemon costs ₹12. What is the greatest number of lemons Diya can buy?
  5. 5.Nisha’s stall budget is ₹310. Card paper cost ₹30, pots cost ₹90 and lemons cost ₹110. How many rupees of the budget are left?
  6. 6.True or false: “sugar” is a one-time cost. (a) True (b) False
  7. 7.True or false: “a cash box” is a running cost. (a) True (b) False
  8. 8.Aarav has a budget of ₹1000. The stock costs ₹360 and the stall fee is ₹680. Is the budget enough? (a) Yes (b) No
  9. 9.Lakshmi’s stall budget is ₹310. Seeds cost ₹20, a banner cost ₹70 and paper cups cost ₹110. How many rupees of the budget are left?
  10. 10.Which of these is a running cost? (a) lemons (b) a cash box (c) a cloth banner (d) a folding table
  11. 11.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  12. 12.True or false: “seeds and soil” is a running cost. (a) False (b) True
  13. 13.🔍 Which is the odd one out? (a) paper cups (b) a cloth banner (c) sugar (d) ice
  14. 14.True or false: “a cloth banner” is a running cost. (a) False (b) True
  15. 15.Lakshmi has ₹310 to spend on packs of cups. One pack of cups costs ₹6. What is the greatest number of packs of cups Lakshmi can buy?
  16. 16.🔍 Which is the odd one out? (a) paper cups (b) tea leaves and milk (c) a juicer (d) sugar
  17. 17.📒 One-time cost or running cost: a cloth banner? (a) a one-time cost (b) a running cost
  18. 18.Which of these is a one-time cost? (a) lemons (b) card paper (c) paper cups (d) a cloth banner
  19. 19.Gurpreet has a budget of ₹700. The stock costs ₹50 and the stall fee is ₹630. Is the budget enough? (a) No (b) Yes
  20. 20.Which of these is a running cost? (a) a juicer (b) card paper (c) a price board (d) a cash box
  21. 21.🔍 Which is the odd one out? (a) a juicer (b) a cloth banner (c) a folding table (d) ice
  22. 22.🔍 Which is the odd one out? (a) paper cups (b) seeds and soil (c) a cooler box (d) sugar
  23. 23.Arjun has ₹270 to spend on packs of cups. One pack of cups costs ₹4. What is the greatest number of packs of cups Arjun can buy?
  24. 24.🔍 Which is the odd one out? (a) a juicer (b) tea leaves and milk (c) a cloth banner (d) a folding table
  25. 25.Tara’s stall budget is ₹570. Seeds cost ₹170, sugar cost ₹130 and pots cost ₹70. How many rupees of the budget are left?
  26. 26.Meera plans to make 27 potted plants. Each needs ₹9 of materials, and a banner costs ₹180 once. What total budget is needed (in ₹)?
  27. 27.🔍 Which is the odd one out? (a) a cash box (b) paper cups (c) a folding table (d) a cooler box
  28. 28.Which of these is a one-time cost? (a) seeds and soil (b) paper cups (c) a price board (d) ice
  29. 29.Joseph has ₹340 to spend on rolls of ribbon. One roll of ribbon costs ₹4. What is the greatest number of rolls of ribbon Joseph can buy?
  30. 30.Aarav plans to make 46 paper bookmarks. Each needs ₹2 of materials, and a banner costs ₹220 once. What total budget is needed (in ₹)?
  31. 31.Which of these is a one-time cost? (a) paper cups (b) seeds and soil (c) ice (d) a juicer
  32. 32.🔍 Which is the odd one out? (a) ice (b) paper cups (c) tea leaves and milk (d) a folding table
  33. 33.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
  34. 34.Gurpreet plans to make 45 paper bookmarks. Each needs ₹9 of materials, and a banner costs ₹300 once. What total budget is needed (in ₹)?
  35. 35.🔍 Which is the odd one out? (a) a cash box (b) card paper (c) tea leaves and milk (d) sugar
  36. 36.Tara has ₹490 to spend on sheets of card paper. One sheet of card paper costs ₹4. What is the greatest number of sheets of card paper Tara can buy?
  37. 37.Nisha’s stall budget is ₹970. Seeds cost ₹280, ribbon cost ₹300 and a price board cost ₹170. How many rupees of the budget are left?
  38. 38.Vihaan’s stall budget is ₹520. A price board cost ₹260, sugar cost ₹70 and paper cups cost ₹140. How many rupees of the budget are left?
  39. 39.Arjun has a budget of ₹500. The stock costs ₹70 and the stall fee is ₹460. Is the budget enough? (a) No (b) Yes
  40. 40.True or false: “lemons” is a running cost. (a) False (b) True

Answer key

  1. a cash box
  2. False
  3. False
  4. 32
  5. 80
  6. False
  7. False
  8. No
  9. 110
  10. lemons
  11. a one-time cost
  12. True
  13. a cloth banner
  14. False
  15. 51
  16. a juicer
  17. a one-time cost
  18. a cloth banner
  19. Yes
  20. card paper
  21. ice
  22. a cooler box
  23. 67
  24. tea leaves and milk
  25. 200
  26. 423
  27. paper cups
  28. a price board
  29. 85
  30. 312
  31. a juicer
  32. a folding table
  33. a one-time cost
  34. 705
  35. a cash box
  36. 122
  37. 220
  38. 50
  39. No
  40. True

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