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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 746 · 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) lemons (b) tea leaves and milk (c) a price board (d) paper cups
  2. 2.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
  3. 3.📒 One-time cost or running cost: paper cups? (a) a running cost (b) a one-time cost
  4. 4.Which of these is a one-time cost? (a) a cooler box (b) lemons (c) ice (d) tea leaves and milk
  5. 5.🔍 Which is the odd one out? (a) paper cups (b) seeds and soil (c) a folding table (d) card paper
  6. 6.True or false: “a juicer” is a running cost. (a) True (b) False
  7. 7.True or false: “ice” is a one-time cost. (a) False (b) True
  8. 8.🔍 Which is the odd one out? (a) paper cups (b) sugar (c) a price board (d) seeds and soil
  9. 9.🔍 Which is the odd one out? (a) tea leaves and milk (b) ice (c) a cash box (d) sugar
  10. 10.Tara’s stall budget is ₹550. Seeds cost ₹300, a banner cost ₹80 and card paper cost ₹120. How many rupees of the budget are left?
  11. 11.Rohan has ₹470 to spend on lemons. One lemon costs ₹4. What is the greatest number of lemons Rohan can buy?
  12. 12.📒 One-time cost or running cost: card paper? (a) a running cost (b) a one-time cost
  13. 13.True or false: “a folding table” is a running cost. (a) True (b) False
  14. 14.🔍 Which is the odd one out? (a) paper cups (b) a cash box (c) a folding table (d) a cloth banner
  15. 15.Aarav has ₹310 to spend on packs of cups. One pack of cups costs ₹8. What is the greatest number of packs of cups Aarav can buy?
  16. 16.Rohan has a budget of ₹600. The stock costs ₹60 and the stall fee is ₹590. Is the budget enough? (a) Yes (b) No
  17. 17.Ananya has ₹310 to spend on packs of cups. One pack of cups costs ₹15. What is the greatest number of packs of cups Ananya can buy?
  18. 18.Aarav plans to make 26 clay diyas. Each needs ₹9 of materials, and a banner costs ₹100 once. What total budget is needed (in ₹)?
  19. 19.Which of these is a running cost? (a) a folding table (b) lemons (c) a cloth banner (d) a cash box
  20. 20.Kabir has a budget of ₹700. The stock costs ₹80 and the stall fee is ₹650. Is the budget enough? (a) Yes (b) No
  21. 21.Diya’s stall budget is ₹540. Sugar cost ₹90, a banner cost ₹30 and paper cups cost ₹280. How many rupees of the budget are left?
  22. 22.Lakshmi plans to make 49 jute bags. Each needs ₹4 of materials, and a banner costs ₹270 once. What total budget is needed (in ₹)?
  23. 23.Diya’s stall budget is ₹490. Ribbon cost ₹70, card paper cost ₹160 and paper cups cost ₹170. How many rupees of the budget are left?
  24. 24.Which of these is a running cost? (a) a cloth banner (b) paper cups (c) a juicer (d) a cooler box
  25. 25.Which of these is a running cost? (a) a cloth banner (b) a cooler box (c) a cash box (d) tea leaves and milk
  26. 26.🔍 Which is the odd one out? (a) a juicer (b) a cloth banner (c) a price board (d) sugar
  27. 27.🔍 Which is the odd one out? (a) seeds and soil (b) a juicer (c) a price board (d) a folding table
  28. 28.🔍 Which is the odd one out? (a) tea leaves and milk (b) paper cups (c) sugar (d) a juicer
  29. 29.True or false: “a folding table” is a one-time cost. (a) True (b) False
  30. 30.Ishaan has a budget of ₹1000. The stock costs ₹50 and the stall fee is ₹970. Is the budget enough? (a) No (b) Yes
  31. 31.True or false: “sugar” is a one-time cost. (a) False (b) True
  32. 32.Which of these is a one-time cost? (a) paper cups (b) a cloth banner (c) lemons (d) card paper
  33. 33.Dev plans to make 39 glasses of chai. Each needs ₹9 of materials, and a banner costs ₹180 once. What total budget is needed (in ₹)?
  34. 34.Kabir’s stall budget is ₹510. Lemons cost ₹150, napkins cost ₹130 and card paper cost ₹190. How many rupees of the budget are left?
  35. 35.Which of these is a one-time cost? (a) lemons (b) seeds and soil (c) card paper (d) a juicer
  36. 36.Aarav has ₹310 to spend on rolls of ribbon. One roll of ribbon costs ₹6. What is the greatest number of rolls of ribbon Aarav can buy?
  37. 37.True or false: “paper cups” is a running cost. (a) False (b) True
  38. 38.Zoya plans to make 18 glasses of chai. Each needs ₹2 of materials, and a banner costs ₹70 once. What total budget is needed (in ₹)?
  39. 39.Farhan has ₹80 to spend on sheets of card paper. One sheet of card paper costs ₹5. What is the greatest number of sheets of card paper Farhan can buy?
  40. 40.Which of these is a one-time cost? (a) tea leaves and milk (b) card paper (c) sugar (d) a folding table

Answer key

  1. a price board
  2. a running cost
  3. a running cost
  4. a cooler box
  5. a folding table
  6. False
  7. False
  8. a price board
  9. a cash box
  10. 50
  11. 117
  12. a running cost
  13. False
  14. paper cups
  15. 38
  16. No
  17. 20
  18. 334
  19. lemons
  20. No
  21. 140
  22. 466
  23. 90
  24. paper cups
  25. tea leaves and milk
  26. sugar
  27. seeds and soil
  28. a juicer
  29. True
  30. No
  31. False
  32. a cloth banner
  33. 531
  34. 40
  35. a juicer
  36. 51
  37. True
  38. 106
  39. 16
  40. a folding table

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