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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 769 · 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) a folding table (b) lemons (c) card paper (d) ice
  2. 2.Riya has a budget of ₹600. The stock costs ₹110 and the stall fee is ₹440. Is the budget enough? (a) No (b) Yes
  3. 3.True or false: “paper cups” is a one-time cost. (a) True (b) False
  4. 4.True or false: “sugar” is a one-time cost. (a) False (b) True
  5. 5.True or false: “a cooler box” is a one-time cost. (a) False (b) True
  6. 6.Nisha plans to make 40 cupcakes. Each needs ₹9 of materials, and a banner costs ₹210 once. What total budget is needed (in ₹)?
  7. 7.True or false: “sugar” is a running cost. (a) False (b) True
  8. 8.Tara has ₹300 to spend on packs of cups. One pack of cups costs ₹4. What is the greatest number of packs of cups Tara can buy?
  9. 9.True or false: “lemons” is a one-time cost. (a) True (b) False
  10. 10.Arjun has a budget of ₹700. The stock costs ₹210 and the stall fee is ₹480. Is the budget enough? (a) Yes (b) No
  11. 11.Diya has ₹90 to spend on rolls of ribbon. One roll of ribbon costs ₹5. What is the greatest number of rolls of ribbon Diya can buy?
  12. 12.Farhan’s stall budget is ₹560. Card paper cost ₹70, napkins cost ₹200 and a price board cost ₹30. How many rupees of the budget are left?
  13. 13.Which of these is a running cost? (a) lemons (b) a folding table (c) a juicer (d) a cash box
  14. 14.Diya has ₹390 to spend on packs of cups. One pack of cups costs ₹12. What is the greatest number of packs of cups Diya can buy?
  15. 15.True or false: “a folding table” is a running cost. (a) False (b) True
  16. 16.Saanvi’s stall budget is ₹840. Sugar cost ₹250, a price board cost ₹50 and pots cost ₹280. How many rupees of the budget are left?
  17. 17.Kavya’s stall budget is ₹840. A price board cost ₹240, paper cups cost ₹100 and card paper cost ₹300. How many rupees of the budget are left?
  18. 18.Rohan plans to make 23 paper bookmarks. Each needs ₹5 of materials, and a banner costs ₹210 once. What total budget is needed (in ₹)?
  19. 19.🔍 Which is the odd one out? (a) a cooler box (b) a folding table (c) a cash box (d) paper cups
  20. 20.Which of these is a running cost? (a) a cooler box (b) a cash box (c) a cloth banner (d) ice
  21. 21.True or false: “a cloth banner” is a one-time cost. (a) True (b) False
  22. 22.True or false: “a cash box” is a running cost. (a) True (b) False
  23. 23.True or false: “a cash box” is a one-time cost. (a) False (b) True
  24. 24.Diya plans to make 32 paper bookmarks. Each needs ₹3 of materials, and a banner costs ₹80 once. What total budget is needed (in ₹)?
  25. 25.Which of these is a running cost? (a) a folding table (b) card paper (c) a cloth banner (d) a cash box
  26. 26.Arjun has ₹320 to spend on lemons. One lemon costs ₹6. What is the greatest number of lemons Arjun can buy?
  27. 27.Which of these is a one-time cost? (a) tea leaves and milk (b) a cloth banner (c) lemons (d) sugar
  28. 28.Gurpreet’s stall budget is ₹740. Paper cups cost ₹230, card paper cost ₹190 and a banner cost ₹200. How many rupees of the budget are left?
  29. 29.Which of these is a one-time cost? (a) a cooler box (b) ice (c) seeds and soil (d) card paper
  30. 30.Joseph’s stall budget is ₹410. Napkins cost ₹270, sugar cost ₹60 and card paper cost ₹50. How many rupees of the budget are left?
  31. 31.Which of these is a running cost? (a) a juicer (b) a cloth banner (c) tea leaves and milk (d) a cash box
  32. 32.📒 One-time cost or running cost: a cloth banner? (a) a one-time cost (b) a running cost
  33. 33.🔍 Which is the odd one out? (a) a juicer (b) a cooler box (c) a cloth banner (d) lemons
  34. 34.🔍 Which is the odd one out? (a) tea leaves and milk (b) lemons (c) a juicer (d) card paper
  35. 35.🔍 Which is the odd one out? (a) a price board (b) a folding table (c) a juicer (d) seeds and soil
  36. 36.True or false: “a price board” is a one-time cost. (a) False (b) True
  37. 37.🔍 Which is the odd one out? (a) a juicer (b) card paper (c) a price board (d) a cash box
  38. 38.Which of these is a one-time cost? (a) tea leaves and milk (b) sugar (c) a cash box (d) paper cups
  39. 39.Arjun’s stall budget is ₹650. Seeds cost ₹100, ribbon cost ₹260 and lemons cost ₹200. How many rupees of the budget are left?
  40. 40.Tara plans to make 34 cups of lemonade. Each needs ₹6 of materials, and a banner costs ₹270 once. What total budget is needed (in ₹)?

Answer key

  1. a folding table
  2. Yes
  3. False
  4. False
  5. True
  6. 570
  7. True
  8. 75
  9. False
  10. Yes
  11. 18
  12. 260
  13. lemons
  14. 32
  15. False
  16. 260
  17. 200
  18. 325
  19. paper cups
  20. ice
  21. True
  22. False
  23. True
  24. 176
  25. card paper
  26. 53
  27. a cloth banner
  28. 120
  29. a cooler box
  30. 30
  31. tea leaves and milk
  32. a one-time cost
  33. lemons
  34. a juicer
  35. seeds and soil
  36. True
  37. card paper
  38. a cash box
  39. 90
  40. 474

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