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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 778 · 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 is the odd one out? (a) a folding table (b) a cooler box (c) sugar (d) a cloth banner
  2. 2.True or false: “a juicer” is a one-time cost. (a) True (b) False
  3. 3.Dev plans to make 43 paper bookmarks. Each needs ₹7 of materials, and a banner costs ₹120 once. What total budget is needed (in ₹)?
  4. 4.Rohan’s stall budget is ₹480. Pots cost ₹100, a price board cost ₹190 and a banner cost ₹120. How many rupees of the budget are left?
  5. 5.True or false: “lemons” is a running cost. (a) False (b) True
  6. 6.🔍 Which is the odd one out? (a) lemons (b) a folding table (c) a cooler box (d) a price board
  7. 7.Joseph’s stall budget is ₹520. Paper cups cost ₹150, a price board cost ₹300 and a banner cost ₹30. How many rupees of the budget are left?
  8. 8.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  9. 9.Zoya’s stall budget is ₹460. Lemons cost ₹190, sugar cost ₹160 and seeds cost ₹80. How many rupees of the budget are left?
  10. 10.Ishaan plans to make 46 potted plants. Each needs ₹2 of materials, and a banner costs ₹100 once. What total budget is needed (in ₹)?
  11. 11.📒 One-time cost or running cost: a price board? (a) a one-time cost (b) a running cost
  12. 12.True or false: “lemons” is a one-time cost. (a) True (b) False
  13. 13.Which of these is a one-time cost? (a) lemons (b) card paper (c) a cooler box (d) seeds and soil
  14. 14.True or false: “paper cups” is a running cost. (a) True (b) False
  15. 15.Riya has a budget of ₹300. The stock costs ₹70 and the stall fee is ₹230. Is the budget enough? (a) Yes (b) No
  16. 16.Farhan plans to make 46 painted pebbles. Each needs ₹8 of materials, and a banner costs ₹140 once. What total budget is needed (in ₹)?
  17. 17.Kavya has ₹50 to spend on rolls of ribbon. One roll of ribbon costs ₹15. What is the greatest number of rolls of ribbon Kavya can buy?
  18. 18.Diya’s stall budget is ₹460. Sugar cost ₹130, seeds cost ₹180 and paper cups cost ₹40. How many rupees of the budget are left?
  19. 19.Which of these is a one-time cost? (a) tea leaves and milk (b) card paper (c) lemons (d) a juicer
  20. 20.Ananya’s stall budget is ₹730. Sugar cost ₹90, a price board cost ₹230 and pots cost ₹160. How many rupees of the budget are left?
  21. 21.Ananya plans to make 28 cups of lemonade. Each needs ₹4 of materials, and a banner costs ₹60 once. What total budget is needed (in ₹)?
  22. 22.Which of these is a running cost? (a) a cash box (b) a cloth banner (c) lemons (d) a folding table
  23. 23.📒 One-time cost or running cost: seeds and soil? (a) a running cost (b) a one-time cost
  24. 24.Farhan has a budget of ₹500. The stock costs ₹210 and the stall fee is ₹340. Is the budget enough? (a) No (b) Yes
  25. 25.True or false: “tea leaves and milk” is a one-time cost. (a) True (b) False
  26. 26.True or false: “ice” is a running cost. (a) True (b) False
  27. 27.True or false: “a folding table” is a one-time cost. (a) True (b) False
  28. 28.Which of these is a one-time cost? (a) a price board (b) card paper (c) tea leaves and milk (d) paper cups
  29. 29.Farhan plans to make 20 cups of lemonade. Each needs ₹9 of materials, and a banner costs ₹140 once. What total budget is needed (in ₹)?
  30. 30.True or false: “tea leaves and milk” is a running cost. (a) True (b) False
  31. 31.Rohan has a budget of ₹600. The stock costs ₹280 and the stall fee is ₹360. Is the budget enough? (a) Yes (b) No
  32. 32.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  33. 33.🔍 Which is the odd one out? (a) a cooler box (b) a price board (c) seeds and soil (d) a cloth banner
  34. 34.True or false: “a cloth banner” is a running cost. (a) True (b) False
  35. 35.Tara has ₹180 to spend on rolls of ribbon. One roll of ribbon costs ₹12. What is the greatest number of rolls of ribbon Tara can buy?
  36. 36.📒 One-time cost or running cost: a cloth banner? (a) a one-time cost (b) a running cost
  37. 37.Gurpreet’s stall budget is ₹720. Pots cost ₹110, card paper cost ₹130 and paper cups cost ₹270. How many rupees of the budget are left?
  38. 38.True or false: “seeds and soil” is a one-time cost. (a) True (b) False
  39. 39.Rohan has ₹440 to spend on rolls of ribbon. One roll of ribbon costs ₹20. What is the greatest number of rolls of ribbon Rohan can buy?
  40. 40.📒 One-time cost or running cost: a cooler box? (a) a one-time cost (b) a running cost

Answer key

  1. sugar
  2. True
  3. 421
  4. 70
  5. True
  6. lemons
  7. 40
  8. a one-time cost
  9. 30
  10. 192
  11. a one-time cost
  12. False
  13. a cooler box
  14. True
  15. Yes
  16. 508
  17. 3
  18. 110
  19. a juicer
  20. 250
  21. 172
  22. lemons
  23. a running cost
  24. No
  25. False
  26. True
  27. True
  28. a price board
  29. 320
  30. True
  31. No
  32. a one-time cost
  33. seeds and soil
  34. False
  35. 15
  36. a one-time cost
  37. 210
  38. False
  39. 22
  40. a one-time cost

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