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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 763 · 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.True or false: “tea leaves and milk” is a running cost. (a) True (b) False
  2. 2.🔍 Which is the odd one out? (a) sugar (b) tea leaves and milk (c) a cloth banner (d) lemons
  3. 3.True or false: “tea leaves and milk” is a one-time cost. (a) False (b) True
  4. 4.📒 One-time cost or running cost: lemons? (a) a running cost (b) a one-time cost
  5. 5.Arjun’s stall budget is ₹810. Paper cups cost ₹150, lemons cost ₹270 and seeds cost ₹200. How many rupees of the budget are left?
  6. 6.📒 One-time cost or running cost: a cooler box? (a) a one-time cost (b) a running cost
  7. 7.Ananya’s stall budget is ₹590. Paper cups cost ₹110, ribbon cost ₹120 and sugar cost ₹260. How many rupees of the budget are left?
  8. 8.True or false: “a cooler box” is a one-time cost. (a) False (b) True
  9. 9.🔍 Which is the odd one out? (a) card paper (b) sugar (c) paper cups (d) a juicer
  10. 10.Kavya plans to make 28 cups of lemonade. Each needs ₹7 of materials, and a banner costs ₹170 once. What total budget is needed (in ₹)?
  11. 11.True or false: “paper cups” is a running cost. (a) False (b) True
  12. 12.Arjun has a budget of ₹600. The stock costs ₹230 and the stall fee is ₹390. Is the budget enough? (a) No (b) Yes
  13. 13.🔍 Which is the odd one out? (a) lemons (b) ice (c) a cooler box (d) paper cups
  14. 14.True or false: “sugar” is a running cost. (a) False (b) True
  15. 15.Which of these is a one-time cost? (a) lemons (b) paper cups (c) a cloth banner (d) sugar
  16. 16.🔍 Which is the odd one out? (a) tea leaves and milk (b) a folding table (c) a juicer (d) a cooler box
  17. 17.Which of these is a one-time cost? (a) a cooler box (b) ice (c) sugar (d) seeds and soil
  18. 18.True or false: “ice” is a one-time cost. (a) True (b) False
  19. 19.True or false: “a folding table” is a running cost. (a) False (b) True
  20. 20.🔍 Which is the odd one out? (a) seeds and soil (b) sugar (c) paper cups (d) a cash box
  21. 21.Aarav’s stall budget is ₹860. Paper cups cost ₹160, pots cost ₹270 and card paper cost ₹280. How many rupees of the budget are left?
  22. 22.Which of these is a running cost? (a) a price board (b) a folding table (c) ice (d) a cash box
  23. 23.Arjun has a budget of ₹900. The stock costs ₹330 and the stall fee is ₹620. Is the budget enough? (a) No (b) Yes
  24. 24.True or false: “a price board” is a running cost. (a) False (b) True
  25. 25.Which of these is a one-time cost? (a) tea leaves and milk (b) card paper (c) a price board (d) paper cups
  26. 26.Zoya’s stall budget is ₹550. Pots cost ₹200, sugar cost ₹160 and a price board cost ₹90. How many rupees of the budget are left?
  27. 27.Meera has ₹360 to spend on packets of seeds. One packet of seeds costs ₹5. What is the greatest number of packets of seeds Meera can buy?
  28. 28.Dev plans to make 34 jute bags. Each needs ₹10 of materials, and a banner costs ₹160 once. What total budget is needed (in ₹)?
  29. 29.Vihaan has ₹480 to spend on lemons. One lemon costs ₹10. What is the greatest number of lemons Vihaan can buy?
  30. 30.Which of these is a running cost? (a) a juicer (b) paper cups (c) a price board (d) a cloth banner
  31. 31.Rohan’s stall budget is ₹730. Card paper cost ₹20, sugar cost ₹300 and paper cups cost ₹260. How many rupees of the budget are left?
  32. 32.Gurpreet plans to make 14 potted plants. Each needs ₹9 of materials, and a banner costs ₹60 once. What total budget is needed (in ₹)?
  33. 33.🔍 Which is the odd one out? (a) seeds and soil (b) a juicer (c) a cloth banner (d) a cooler box
  34. 34.True or false: “a cloth banner” is a running cost. (a) False (b) True
  35. 35.🔍 Which is the odd one out? (a) a folding table (b) a price board (c) paper cups (d) a cash box
  36. 36.🔍 Which is the odd one out? (a) lemons (b) a cash box (c) a folding table (d) a juicer
  37. 37.Nisha has ₹340 to spend on packets of seeds. One packet of seeds costs ₹5. What is the greatest number of packets of seeds Nisha can buy?
  38. 38.Ananya’s stall budget is ₹640. A banner cost ₹200, lemons cost ₹80 and napkins cost ₹90. How many rupees of the budget are left?
  39. 39.Zoya plans to make 50 friendship bands. Each needs ₹10 of materials, and a banner costs ₹270 once. What total budget is needed (in ₹)?
  40. 40.📒 One-time cost or running cost: card paper? (a) a running cost (b) a one-time cost

Answer key

  1. True
  2. a cloth banner
  3. False
  4. a running cost
  5. 190
  6. a one-time cost
  7. 100
  8. True
  9. a juicer
  10. 366
  11. True
  12. No
  13. a cooler box
  14. True
  15. a cloth banner
  16. tea leaves and milk
  17. a cooler box
  18. False
  19. False
  20. a cash box
  21. 150
  22. ice
  23. No
  24. False
  25. a price board
  26. 100
  27. 72
  28. 500
  29. 48
  30. paper cups
  31. 150
  32. 186
  33. seeds and soil
  34. False
  35. paper cups
  36. lemons
  37. 68
  38. 270
  39. 770
  40. a running cost

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