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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 848 · 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 cooler box (b) card paper (c) tea leaves and milk (d) paper cups
  2. 2.📒 One-time cost or running cost: sugar? (a) a one-time cost (b) a running cost
  3. 3.📒 One-time cost or running cost: ice? (a) a one-time cost (b) a running cost
  4. 4.Vihaan has a budget of ₹900. The stock costs ₹320 and the stall fee is ₹530. Is the budget enough? (a) Yes (b) No
  5. 5.Saanvi has a budget of ₹900. The stock costs ₹440 and the stall fee is ₹420. Is the budget enough? (a) Yes (b) No
  6. 6.Ishaan has a budget of ₹300. The stock costs ₹50 and the stall fee is ₹250. Is the budget enough? (a) No (b) Yes
  7. 7.Zoya has ₹170 to spend on packs of cups. One pack of cups costs ₹6. What is the greatest number of packs of cups Zoya can buy?
  8. 8.Riya has a budget of ₹300. The stock costs ₹130 and the stall fee is ₹140. Is the budget enough? (a) No (b) Yes
  9. 9.Riya’s stall budget is ₹990. A banner cost ₹290, napkins cost ₹280 and paper cups cost ₹220. How many rupees of the budget are left?
  10. 10.🔍 Which is the odd one out? (a) seeds and soil (b) a cash box (c) a price board (d) a juicer
  11. 11.Lakshmi has ₹370 to spend on lemons. One lemon costs ₹6. What is the greatest number of lemons Lakshmi can buy?
  12. 12.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  13. 13.Nisha’s stall budget is ₹860. Napkins cost ₹210, seeds cost ₹300 and lemons cost ₹270. How many rupees of the budget are left?
  14. 14.🔍 Which is the odd one out? (a) a cloth banner (b) a juicer (c) a folding table (d) tea leaves and milk
  15. 15.True or false: “ice” is a one-time cost. (a) True (b) False
  16. 16.True or false: “a juicer” is a running cost. (a) False (b) True
  17. 17.Which of these is a running cost? (a) tea leaves and milk (b) a cooler box (c) a folding table (d) a price board
  18. 18.Which of these is a running cost? (a) a price board (b) a cloth banner (c) sugar (d) a cooler box
  19. 19.Which of these is a running cost? (a) a juicer (b) card paper (c) a cash box (d) a cooler box
  20. 20.Which of these is a one-time cost? (a) sugar (b) paper cups (c) a cooler box (d) ice
  21. 21.Aarav plans to make 27 friendship bands. Each needs ₹3 of materials, and a banner costs ₹210 once. What total budget is needed (in ₹)?
  22. 22.📒 One-time cost or running cost: seeds and soil? (a) a one-time cost (b) a running cost
  23. 23.Which of these is a one-time cost? (a) a folding table (b) paper cups (c) sugar (d) tea leaves and milk
  24. 24.Kavya plans to make 33 handmade cards. Each needs ₹6 of materials, and a banner costs ₹170 once. What total budget is needed (in ₹)?
  25. 25.Meera’s stall budget is ₹680. Card paper cost ₹30, pots cost ₹280 and lemons cost ₹230. How many rupees of the budget are left?
  26. 26.Meera has a budget of ₹700. The stock costs ₹300 and the stall fee is ₹390. Is the budget enough? (a) No (b) Yes
  27. 27.📒 One-time cost or running cost: lemons? (a) a running cost (b) a one-time cost
  28. 28.🔍 Which is the odd one out? (a) paper cups (b) a juicer (c) tea leaves and milk (d) lemons
  29. 29.🔍 Which is the odd one out? (a) a folding table (b) a cash box (c) a juicer (d) sugar
  30. 30.Kavya’s stall budget is ₹440. Pots cost ₹50, a banner cost ₹40 and card paper cost ₹180. How many rupees of the budget are left?
  31. 31.True or false: “sugar” is a one-time cost. (a) True (b) False
  32. 32.Which of these is a one-time cost? (a) paper cups (b) sugar (c) a juicer (d) tea leaves and milk
  33. 33.📒 One-time cost or running cost: card paper? (a) a one-time cost (b) a running cost
  34. 34.Aarav’s stall budget is ₹790. A banner cost ₹300, pots cost ₹280 and lemons cost ₹180. How many rupees of the budget are left?
  35. 35.Diya plans to make 30 paper bookmarks. Each needs ₹8 of materials, and a banner costs ₹50 once. What total budget is needed (in ₹)?
  36. 36.Vihaan has a budget of ₹900. The stock costs ₹110 and the stall fee is ₹760. Is the budget enough? (a) No (b) Yes
  37. 37.📒 One-time cost or running cost: paper cups? (a) a running cost (b) a one-time cost
  38. 38.Zoya plans to make 36 cups of lemonade. Each needs ₹3 of materials, and a banner costs ₹140 once. What total budget is needed (in ₹)?
  39. 39.Nisha has ₹370 to spend on packets of seeds. One packet of seeds costs ₹10. What is the greatest number of packets of seeds Nisha can buy?
  40. 40.Aarav’s stall budget is ₹740. Seeds cost ₹180, a price board cost ₹190 and a banner cost ₹140. How many rupees of the budget are left?

Answer key

  1. a cooler box
  2. a running cost
  3. a running cost
  4. Yes
  5. Yes
  6. Yes
  7. 28
  8. Yes
  9. 200
  10. seeds and soil
  11. 61
  12. a one-time cost
  13. 80
  14. tea leaves and milk
  15. False
  16. False
  17. tea leaves and milk
  18. sugar
  19. card paper
  20. a cooler box
  21. 291
  22. a running cost
  23. a folding table
  24. 368
  25. 140
  26. Yes
  27. a running cost
  28. a juicer
  29. sugar
  30. 170
  31. False
  32. a juicer
  33. a running cost
  34. 30
  35. 290
  36. Yes
  37. a running cost
  38. 248
  39. 37
  40. 230

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