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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 772 · 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) tea leaves and milk (b) lemons (c) a cloth banner (d) paper cups
  2. 2.Zoya plans to make 29 cupcakes. Each needs ₹6 of materials, and a banner costs ₹90 once. What total budget is needed (in ₹)?
  3. 3.🔍 Which is the odd one out? (a) ice (b) a folding table (c) a cooler box (d) a juicer
  4. 4.🔍 Which is the odd one out? (a) paper cups (b) ice (c) lemons (d) a price board
  5. 5.True or false: “card paper” is a running cost. (a) False (b) True
  6. 6.True or false: “a price board” is a one-time cost. (a) True (b) False
  7. 7.📒 One-time cost or running cost: sugar? (a) a one-time cost (b) a running cost
  8. 8.Diya plans to make 32 clay diyas. Each needs ₹2 of materials, and a banner costs ₹70 once. What total budget is needed (in ₹)?
  9. 9.Arjun has a budget of ₹600. The stock costs ₹220 and the stall fee is ₹430. Is the budget enough? (a) No (b) Yes
  10. 10.📒 One-time cost or running cost: ice? (a) a one-time cost (b) a running cost
  11. 11.Kabir has a budget of ₹700. The stock costs ₹300 and the stall fee is ₹440. Is the budget enough? (a) No (b) Yes
  12. 12.Dev’s stall budget is ₹490. Sugar cost ₹90, lemons cost ₹150 and a price board cost ₹130. How many rupees of the budget are left?
  13. 13.📒 One-time cost or running cost: seeds and soil? (a) a one-time cost (b) a running cost
  14. 14.Which of these is a one-time cost? (a) seeds and soil (b) a cooler box (c) paper cups (d) tea leaves and milk
  15. 15.True or false: “a cooler box” is a running cost. (a) False (b) True
  16. 16.Tara has a budget of ₹600. The stock costs ₹100 and the stall fee is ₹500. Is the budget enough? (a) No (b) Yes
  17. 17.Rohan’s stall budget is ₹760. A price board cost ₹70, sugar cost ₹240 and napkins cost ₹300. How many rupees of the budget are left?
  18. 18.Which of these is a running cost? (a) a price board (b) a cash box (c) a juicer (d) card paper
  19. 19.Kavya has ₹430 to spend on sheets of card paper. One sheet of card paper costs ₹15. What is the greatest number of sheets of card paper Kavya can buy?
  20. 20.Rohan has a budget of ₹900. The stock costs ₹90 and the stall fee is ₹770. Is the budget enough? (a) Yes (b) No
  21. 21.Aarav has ₹500 to spend on sheets of card paper. One sheet of card paper costs ₹8. What is the greatest number of sheets of card paper Aarav can buy?
  22. 22.Rohan plans to make 33 friendship bands. Each needs ₹2 of materials, and a banner costs ₹110 once. What total budget is needed (in ₹)?
  23. 23.True or false: “a juicer” is a running cost. (a) True (b) False
  24. 24.Nisha’s stall budget is ₹510. A banner cost ₹200, seeds cost ₹130 and lemons cost ₹160. How many rupees of the budget are left?
  25. 25.🔍 Which is the odd one out? (a) sugar (b) a cloth banner (c) tea leaves and milk (d) card paper
  26. 26.🔍 Which is the odd one out? (a) a cooler box (b) a juicer (c) seeds and soil (d) a folding table
  27. 27.True or false: “ice” is a one-time cost. (a) True (b) False
  28. 28.Lakshmi has ₹80 to spend on lemons. One lemon costs ₹4. What is the greatest number of lemons Lakshmi can buy?
  29. 29.Which of these is a one-time cost? (a) a price board (b) ice (c) sugar (d) card paper
  30. 30.📒 One-time cost or running cost: a price board? (a) a one-time cost (b) a running cost
  31. 31.Ishaan has a budget of ₹900. The stock costs ₹340 and the stall fee is ₹570. Is the budget enough? (a) Yes (b) No
  32. 32.Kabir has ₹170 to spend on lemons. One lemon costs ₹8. What is the greatest number of lemons Kabir can buy?
  33. 33.Aarav’s stall budget is ₹710. Card paper cost ₹280, ribbon cost ₹160 and napkins cost ₹80. How many rupees of the budget are left?
  34. 34.Dev has a budget of ₹400. The stock costs ₹200 and the stall fee is ₹210. Is the budget enough? (a) Yes (b) No
  35. 35.🔍 Which is the odd one out? (a) card paper (b) lemons (c) a folding table (d) seeds and soil
  36. 36.Which of these is a running cost? (a) a cooler box (b) seeds and soil (c) a juicer (d) a cloth banner
  37. 37.Ananya has ₹470 to spend on rolls of ribbon. One roll of ribbon costs ₹6. What is the greatest number of rolls of ribbon Ananya can buy?
  38. 38.True or false: “sugar” is a one-time cost. (a) False (b) True
  39. 39.Diya has ₹120 to spend on rolls of ribbon. One roll of ribbon costs ₹4. What is the greatest number of rolls of ribbon Diya can buy?
  40. 40.True or false: “paper cups” is a running cost. (a) False (b) True

Answer key

  1. a cloth banner
  2. 264
  3. ice
  4. a price board
  5. True
  6. True
  7. a running cost
  8. 134
  9. No
  10. a running cost
  11. No
  12. 120
  13. a running cost
  14. a cooler box
  15. False
  16. Yes
  17. 150
  18. card paper
  19. 28
  20. Yes
  21. 62
  22. 176
  23. False
  24. 20
  25. a cloth banner
  26. seeds and soil
  27. False
  28. 20
  29. a price board
  30. a one-time cost
  31. No
  32. 21
  33. 190
  34. No
  35. a folding table
  36. seeds and soil
  37. 78
  38. False
  39. 30
  40. True

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