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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 786 · 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) tea leaves and milk (b) paper cups (c) a folding table (d) ice
  2. 2.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  3. 3.🔍 Which is the odd one out? (a) a cloth banner (b) paper cups (c) a cash box (d) a cooler box
  4. 4.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  5. 5.Nisha’s stall budget is ₹600. Lemons cost ₹140, pots cost ₹120 and card paper cost ₹70. How many rupees of the budget are left?
  6. 6.True or false: “card paper” is a one-time cost. (a) False (b) True
  7. 7.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost
  8. 8.Which of these is a running cost? (a) a price board (b) a cooler box (c) a folding table (d) sugar
  9. 9.Kavya has a budget of ₹800. The stock costs ₹390 and the stall fee is ₹420. Is the budget enough? (a) Yes (b) No
  10. 10.🔍 Which is the odd one out? (a) a folding table (b) a cash box (c) sugar (d) a juicer
  11. 11.Rohan has a budget of ₹300. The stock costs ₹120 and the stall fee is ₹140. Is the budget enough? (a) Yes (b) No
  12. 12.📒 One-time cost or running cost: ice? (a) a one-time cost (b) a running cost
  13. 13.Vihaan’s stall budget is ₹900. A banner cost ₹230, sugar cost ₹210 and paper cups cost ₹180. How many rupees of the budget are left?
  14. 14.Which of these is a one-time cost? (a) a cash box (b) seeds and soil (c) card paper (d) sugar
  15. 15.Nisha has ₹460 to spend on rolls of ribbon. One roll of ribbon costs ₹20. What is the greatest number of rolls of ribbon Nisha can buy?
  16. 16.Diya has a budget of ₹800. The stock costs ₹280 and the stall fee is ₹510. Is the budget enough? (a) Yes (b) No
  17. 17.True or false: “a juicer” is a one-time cost. (a) False (b) True
  18. 18.True or false: “a cloth banner” is a one-time cost. (a) True (b) False
  19. 19.📒 One-time cost or running cost: sugar? (a) a running cost (b) a one-time cost
  20. 20.Diya has ₹320 to spend on lemons. One lemon costs ₹6. What is the greatest number of lemons Diya can buy?
  21. 21.Tara plans to make 36 paper bookmarks. Each needs ₹8 of materials, and a banner costs ₹220 once. What total budget is needed (in ₹)?
  22. 22.True or false: “a juicer” is a running cost. (a) True (b) False
  23. 23.Which of these is a running cost? (a) a juicer (b) paper cups (c) a folding table (d) a cooler box
  24. 24.Lakshmi’s stall budget is ₹410. Napkins cost ₹120, pots cost ₹30 and paper cups cost ₹130. How many rupees of the budget are left?
  25. 25.Dev has a budget of ₹1000. The stock costs ₹380 and the stall fee is ₹570. Is the budget enough? (a) No (b) Yes
  26. 26.Kavya has ₹220 to spend on lemons. One lemon costs ₹20. What is the greatest number of lemons Kavya can buy?
  27. 27.🔍 Which is the odd one out? (a) tea leaves and milk (b) a price board (c) paper cups (d) card paper
  28. 28.Aarav has ₹320 to spend on packets of seeds. One packet of seeds costs ₹6. What is the greatest number of packets of seeds Aarav can buy?
  29. 29.Which of these is a one-time cost? (a) ice (b) tea leaves and milk (c) a price board (d) card paper
  30. 30.True or false: “a price board” is a running cost. (a) True (b) False
  31. 31.Rohan has ₹210 to spend on packets of seeds. One packet of seeds costs ₹20. What is the greatest number of packets of seeds Rohan can buy?
  32. 32.🔍 Which is the odd one out? (a) lemons (b) a cloth banner (c) tea leaves and milk (d) sugar
  33. 33.Which of these is a one-time cost? (a) lemons (b) card paper (c) ice (d) a juicer
  34. 34.Meera plans to make 32 cups of lemonade. Each needs ₹6 of materials, and a banner costs ₹50 once. What total budget is needed (in ₹)?
  35. 35.Kabir has ₹60 to spend on sheets of card paper. One sheet of card paper costs ₹4. What is the greatest number of sheets of card paper Kabir can buy?
  36. 36.🔍 Which is the odd one out? (a) a cloth banner (b) card paper (c) a folding table (d) a price board
  37. 37.Vihaan has ₹440 to spend on rolls of ribbon. One roll of ribbon costs ₹4. What is the greatest number of rolls of ribbon Vihaan can buy?
  38. 38.Which of these is a running cost? (a) a juicer (b) a folding table (c) seeds and soil (d) a cloth banner
  39. 39.Saanvi plans to make 48 potted plants. Each needs ₹3 of materials, and a banner costs ₹300 once. What total budget is needed (in ₹)?
  40. 40.Farhan plans to make 22 cups of lemonade. Each needs ₹10 of materials, and a banner costs ₹50 once. What total budget is needed (in ₹)?

Answer key

  1. a folding table
  2. a one-time cost
  3. paper cups
  4. a one-time cost
  5. 270
  6. False
  7. a one-time cost
  8. sugar
  9. No
  10. sugar
  11. Yes
  12. a running cost
  13. 280
  14. a cash box
  15. 23
  16. Yes
  17. True
  18. True
  19. a running cost
  20. 53
  21. 508
  22. False
  23. paper cups
  24. 130
  25. Yes
  26. 11
  27. a price board
  28. 53
  29. a price board
  30. False
  31. 10
  32. a cloth banner
  33. a juicer
  34. 242
  35. 15
  36. card paper
  37. 110
  38. seeds and soil
  39. 444
  40. 270

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