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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 761 · 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.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost
  2. 2.🔍 Which is the odd one out? (a) lemons (b) a folding table (c) ice (d) tea leaves and milk
  3. 3.Which of these is a running cost? (a) a price board (b) a juicer (c) a folding table (d) lemons
  4. 4.Vihaan has ₹250 to spend on lemons. One lemon costs ₹6. What is the greatest number of lemons Vihaan can buy?
  5. 5.Which of these is a running cost? (a) card paper (b) a price board (c) a folding table (d) a cash box
  6. 6.Which of these is a one-time cost? (a) ice (b) tea leaves and milk (c) a price board (d) paper cups
  7. 7.Kavya’s stall budget is ₹340. Paper cups cost ₹110, a price board cost ₹40 and card paper cost ₹100. How many rupees of the budget are left?
  8. 8.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost
  9. 9.Arjun plans to make 21 cupcakes. Each needs ₹2 of materials, and a banner costs ₹240 once. What total budget is needed (in ₹)?
  10. 10.True or false: “a folding table” is a one-time cost. (a) False (b) True
  11. 11.📒 One-time cost or running cost: paper cups? (a) a one-time cost (b) a running cost
  12. 12.📒 One-time cost or running cost: card paper? (a) a one-time cost (b) a running cost
  13. 13.True or false: “ice” is a running cost. (a) False (b) True
  14. 14.True or false: “a folding table” is a running cost. (a) True (b) False
  15. 15.🔍 Which is the odd one out? (a) lemons (b) paper cups (c) ice (d) a juicer
  16. 16.📒 One-time cost or running cost: tea leaves and milk? (a) a running cost (b) a one-time cost
  17. 17.Which of these is a one-time cost? (a) card paper (b) lemons (c) ice (d) a cloth banner
  18. 18.True or false: “paper cups” is a one-time cost. (a) False (b) True
  19. 19.🔍 Which is the odd one out? (a) a cooler box (b) a folding table (c) tea leaves and milk (d) a cloth banner
  20. 20.🔍 Which is the odd one out? (a) tea leaves and milk (b) a cooler box (c) ice (d) seeds and soil
  21. 21.🔍 Which is the odd one out? (a) ice (b) card paper (c) a price board (d) lemons
  22. 22.Zoya’s stall budget is ₹560. A banner cost ₹80, card paper cost ₹270 and ribbon cost ₹80. How many rupees of the budget are left?
  23. 23.True or false: “a cloth banner” is a running cost. (a) True (b) False
  24. 24.True or false: “a cooler box” is a one-time cost. (a) True (b) False
  25. 25.Aarav has ₹430 to spend on lemons. One lemon costs ₹5. What is the greatest number of lemons Aarav can buy?
  26. 26.True or false: “a price board” is a running cost. (a) True (b) False
  27. 27.Which of these is a one-time cost? (a) tea leaves and milk (b) a juicer (c) sugar (d) lemons
  28. 28.Which of these is a running cost? (a) a cash box (b) a price board (c) ice (d) a folding table
  29. 29.Arjun’s stall budget is ₹220. Paper cups cost ₹70, napkins cost ₹70 and lemons cost ₹20. How many rupees of the budget are left?
  30. 30.Meera has a budget of ₹800. The stock costs ₹100 and the stall fee is ₹720. Is the budget enough? (a) Yes (b) No
  31. 31.True or false: “tea leaves and milk” is a running cost. (a) True (b) False
  32. 32.Tara plans to make 40 clay diyas. Each needs ₹3 of materials, and a banner costs ₹220 once. What total budget is needed (in ₹)?
  33. 33.Zoya plans to make 49 clay diyas. Each needs ₹6 of materials, and a banner costs ₹170 once. What total budget is needed (in ₹)?
  34. 34.Rohan has a budget of ₹500. The stock costs ₹60 and the stall fee is ₹390. Is the budget enough? (a) Yes (b) No
  35. 35.Kabir’s stall budget is ₹450. Seeds cost ₹100, lemons cost ₹230 and napkins cost ₹70. How many rupees of the budget are left?
  36. 36.Vihaan plans to make 40 bags of popcorn. Each needs ₹3 of materials, and a banner costs ₹120 once. What total budget is needed (in ₹)?
  37. 37.Aarav has ₹250 to spend on rolls of ribbon. One roll of ribbon costs ₹6. What is the greatest number of rolls of ribbon Aarav can buy?
  38. 38.Meera plans to make 22 fruit cups. Each needs ₹9 of materials, and a banner costs ₹290 once. What total budget is needed (in ₹)?
  39. 39.True or false: “paper cups” is a running cost. (a) True (b) False
  40. 40.Dev has a budget of ₹800. The stock costs ₹210 and the stall fee is ₹640. Is the budget enough? (a) No (b) Yes

Answer key

  1. a one-time cost
  2. a folding table
  3. lemons
  4. 41
  5. card paper
  6. a price board
  7. 90
  8. a one-time cost
  9. 282
  10. True
  11. a running cost
  12. a running cost
  13. True
  14. False
  15. a juicer
  16. a running cost
  17. a cloth banner
  18. False
  19. tea leaves and milk
  20. a cooler box
  21. a price board
  22. 130
  23. False
  24. True
  25. 86
  26. False
  27. a juicer
  28. ice
  29. 60
  30. No
  31. True
  32. 340
  33. 464
  34. Yes
  35. 50
  36. 240
  37. 41
  38. 488
  39. True
  40. No

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