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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 771 · 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) ice (c) a price board (d) sugar
  2. 2.Which of these is a one-time cost? (a) a cash box (b) card paper (c) tea leaves and milk (d) sugar
  3. 3.Arjun’s stall budget is ₹330. Napkins cost ₹80, ribbon cost ₹180 and a banner cost ₹20. How many rupees of the budget are left?
  4. 4.Ananya’s stall budget is ₹690. A banner cost ₹110, napkins cost ₹220 and seeds cost ₹190. How many rupees of the budget are left?
  5. 5.Farhan’s stall budget is ₹580. Pots cost ₹60, a banner cost ₹200 and napkins cost ₹110. How many rupees of the budget are left?
  6. 6.Kavya plans to make 13 cupcakes. Each needs ₹3 of materials, and a banner costs ₹300 once. What total budget is needed (in ₹)?
  7. 7.Joseph has ₹300 to spend on lemons. One lemon costs ₹5. What is the greatest number of lemons Joseph can buy?
  8. 8.🔍 Which is the odd one out? (a) a cooler box (b) seeds and soil (c) lemons (d) tea leaves and milk
  9. 9.Gurpreet’s stall budget is ₹470. Lemons cost ₹40, a price board cost ₹90 and napkins cost ₹210. How many rupees of the budget are left?
  10. 10.🔍 Which is the odd one out? (a) paper cups (b) a price board (c) lemons (d) sugar
  11. 11.Farhan’s stall budget is ₹730. Card paper cost ₹250, paper cups cost ₹50 and ribbon cost ₹220. How many rupees of the budget are left?
  12. 12.🔍 Which is the odd one out? (a) a juicer (b) a cloth banner (c) paper cups (d) a folding table
  13. 13.Lakshmi’s stall budget is ₹630. Seeds cost ₹300, a price board cost ₹140 and ribbon cost ₹140. How many rupees of the budget are left?
  14. 14.Kabir has a budget of ₹600. The stock costs ₹300 and the stall fee is ₹260. Is the budget enough? (a) No (b) Yes
  15. 15.📒 One-time cost or running cost: paper cups? (a) a one-time cost (b) a running cost
  16. 16.🔍 Which is the odd one out? (a) a juicer (b) a price board (c) a cloth banner (d) sugar
  17. 17.True or false: “lemons” is a one-time cost. (a) True (b) False
  18. 18.Ananya plans to make 13 clay diyas. Each needs ₹2 of materials, and a banner costs ₹60 once. What total budget is needed (in ₹)?
  19. 19.🔍 Which is the odd one out? (a) seeds and soil (b) a juicer (c) card paper (d) ice
  20. 20.Lakshmi plans to make 30 glasses of chai. Each needs ₹5 of materials, and a banner costs ₹130 once. What total budget is needed (in ₹)?
  21. 21.Aarav plans to make 28 jute bags. Each needs ₹4 of materials, and a banner costs ₹60 once. What total budget is needed (in ₹)?
  22. 22.📒 One-time cost or running cost: a cloth banner? (a) a one-time cost (b) a running cost
  23. 23.True or false: “tea leaves and milk” is a running cost. (a) True (b) False
  24. 24.📒 One-time cost or running cost: sugar? (a) a one-time cost (b) a running cost
  25. 25.Which of these is a running cost? (a) a cooler box (b) sugar (c) a price board (d) a folding table
  26. 26.Which of these is a one-time cost? (a) a folding table (b) seeds and soil (c) ice (d) card paper
  27. 27.Joseph’s stall budget is ₹590. Napkins cost ₹290, seeds cost ₹140 and sugar cost ₹120. How many rupees of the budget are left?
  28. 28.📒 One-time cost or running cost: tea leaves and milk? (a) a running cost (b) a one-time cost
  29. 29.True or false: “sugar” is a one-time cost. (a) False (b) True
  30. 30.🔍 Which is the odd one out? (a) paper cups (b) card paper (c) a cloth banner (d) seeds and soil
  31. 31.True or false: “a cash box” is a one-time cost. (a) True (b) False
  32. 32.True or false: “a juicer” is a running cost. (a) True (b) False
  33. 33.🔍 Which is the odd one out? (a) lemons (b) a price board (c) a cooler box (d) a cloth banner
  34. 34.Zoya’s stall budget is ₹490. Sugar cost ₹160, lemons cost ₹40 and a price board cost ₹280. How many rupees of the budget are left?
  35. 35.Dev plans to make 47 cups of lemonade. Each needs ₹8 of materials, and a banner costs ₹300 once. What total budget is needed (in ₹)?
  36. 36.Gurpreet’s stall budget is ₹890. Napkins cost ₹280, paper cups cost ₹80 and pots cost ₹230. How many rupees of the budget are left?
  37. 37.True or false: “seeds and soil” is a one-time cost. (a) False (b) True
  38. 38.Which of these is a one-time cost? (a) ice (b) seeds and soil (c) a cloth banner (d) tea leaves and milk
  39. 39.🔍 Which is the odd one out? (a) ice (b) seeds and soil (c) a folding table (d) card paper
  40. 40.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost

Answer key

  1. a price board
  2. a cash box
  3. 50
  4. 170
  5. 210
  6. 339
  7. 60
  8. a cooler box
  9. 130
  10. a price board
  11. 210
  12. paper cups
  13. 50
  14. Yes
  15. a running cost
  16. sugar
  17. False
  18. 86
  19. a juicer
  20. 280
  21. 172
  22. a one-time cost
  23. True
  24. a running cost
  25. sugar
  26. a folding table
  27. 40
  28. a running cost
  29. False
  30. a cloth banner
  31. True
  32. False
  33. lemons
  34. 10
  35. 676
  36. 300
  37. False
  38. a cloth banner
  39. a folding table
  40. a one-time cost

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