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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 785 · 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: “a cash box” is a running cost. (a) True (b) False
  2. 2.🔍 Which is the odd one out? (a) paper cups (b) a juicer (c) a cash box (d) a folding table
  3. 3.Zoya has ₹480 to spend on packets of seeds. One packet of seeds costs ₹8. What is the greatest number of packets of seeds Zoya can buy?
  4. 4.🔍 Which is the odd one out? (a) a folding table (b) a price board (c) sugar (d) a juicer
  5. 5.Aarav plans to make 40 cupcakes. Each needs ₹8 of materials, and a banner costs ₹70 once. What total budget is needed (in ₹)?
  6. 6.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
  7. 7.Which of these is a one-time cost? (a) card paper (b) sugar (c) a price board (d) tea leaves and milk
  8. 8.Which of these is a one-time cost? (a) ice (b) tea leaves and milk (c) seeds and soil (d) a cloth banner
  9. 9.Saanvi has a budget of ₹500. The stock costs ₹200 and the stall fee is ₹320. Is the budget enough? (a) Yes (b) No
  10. 10.Saanvi has a budget of ₹400. The stock costs ₹200 and the stall fee is ₹160. Is the budget enough? (a) Yes (b) No
  11. 11.📒 One-time cost or running cost: seeds and soil? (a) a running cost (b) a one-time cost
  12. 12.Kavya has ₹370 to spend on lemons. One lemon costs ₹10. What is the greatest number of lemons Kavya can buy?
  13. 13.Gurpreet has ₹410 to spend on sheets of card paper. One sheet of card paper costs ₹12. What is the greatest number of sheets of card paper Gurpreet can buy?
  14. 14.Which of these is a one-time cost? (a) paper cups (b) lemons (c) a cash box (d) ice
  15. 15.Dev has a budget of ₹900. The stock costs ₹170 and the stall fee is ₹690. Is the budget enough? (a) No (b) Yes
  16. 16.Saanvi has ₹180 to spend on packets of seeds. One packet of seeds costs ₹10. What is the greatest number of packets of seeds Saanvi can buy?
  17. 17.Which of these is a running cost? (a) a cash box (b) a cloth banner (c) tea leaves and milk (d) a juicer
  18. 18.Aarav’s stall budget is ₹730. Pots cost ₹230, a price board cost ₹110 and paper cups cost ₹240. How many rupees of the budget are left?
  19. 19.True or false: “sugar” is a one-time cost. (a) True (b) False
  20. 20.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
  21. 21.True or false: “a cooler box” is a one-time cost. (a) True (b) False
  22. 22.Which of these is a running cost? (a) a juicer (b) seeds and soil (c) a folding table (d) a cloth banner
  23. 23.🔍 Which is the odd one out? (a) ice (b) a price board (c) tea leaves and milk (d) card paper
  24. 24.📒 One-time cost or running cost: lemons? (a) a running cost (b) a one-time cost
  25. 25.True or false: “paper cups” is a one-time cost. (a) False (b) True
  26. 26.Tara’s stall budget is ₹470. Paper cups cost ₹160, napkins cost ₹50 and a banner cost ₹220. How many rupees of the budget are left?
  27. 27.Farhan’s stall budget is ₹620. A price board cost ₹120, napkins cost ₹180 and lemons cost ₹190. How many rupees of the budget are left?
  28. 28.Which of these is a running cost? (a) a cooler box (b) a folding table (c) paper cups (d) a cloth banner
  29. 29.📒 One-time cost or running cost: sugar? (a) a one-time cost (b) a running cost
  30. 30.Which of these is a running cost? (a) a folding table (b) a cloth banner (c) a price board (d) ice
  31. 31.Dev plans to make 32 cups of lemonade. Each needs ₹10 of materials, and a banner costs ₹280 once. What total budget is needed (in ₹)?
  32. 32.Lakshmi has ₹120 to spend on lemons. One lemon costs ₹4. What is the greatest number of lemons Lakshmi can buy?
  33. 33.Ishaan has a budget of ₹600. The stock costs ₹280 and the stall fee is ₹330. Is the budget enough? (a) No (b) Yes
  34. 34.🔍 Which is the odd one out? (a) a cloth banner (b) card paper (c) ice (d) lemons
  35. 35.True or false: “card paper” is a running cost. (a) False (b) True
  36. 36.True or false: “card paper” is a one-time cost. (a) True (b) False
  37. 37.True or false: “sugar” is a running cost. (a) True (b) False
  38. 38.🔍 Which is the odd one out? (a) sugar (b) tea leaves and milk (c) a folding table (d) lemons
  39. 39.Diya plans to make 18 paper bookmarks. Each needs ₹2 of materials, and a banner costs ₹260 once. What total budget is needed (in ₹)?
  40. 40.True or false: “paper cups” is a running cost. (a) True (b) False

Answer key

  1. False
  2. paper cups
  3. 60
  4. sugar
  5. 390
  6. a running cost
  7. a price board
  8. a cloth banner
  9. No
  10. Yes
  11. a running cost
  12. 37
  13. 34
  14. a cash box
  15. Yes
  16. 18
  17. tea leaves and milk
  18. 150
  19. False
  20. a one-time cost
  21. True
  22. seeds and soil
  23. a price board
  24. a running cost
  25. False
  26. 40
  27. 130
  28. paper cups
  29. a running cost
  30. ice
  31. 600
  32. 30
  33. No
  34. a cloth banner
  35. True
  36. False
  37. True
  38. a folding table
  39. 296
  40. True

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