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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 864 · 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 price board” is a one-time cost. (a) True (b) False
  2. 2.📒 One-time cost or running cost: paper cups? (a) a one-time cost (b) a running cost
  3. 3.Which of these is a running cost? (a) a cooler box (b) a cloth banner (c) a folding table (d) lemons
  4. 4.🔍 Which is the odd one out? (a) a cooler box (b) ice (c) a folding table (d) a cloth banner
  5. 5.Arjun’s stall budget is ₹610. Sugar cost ₹20, card paper cost ₹120 and seeds cost ₹220. How many rupees of the budget are left?
  6. 6.Ishaan plans to make 20 cups of lemonade. Each needs ₹6 of materials, and a banner costs ₹160 once. What total budget is needed (in ₹)?
  7. 7.True or false: “card paper” is a running cost. (a) True (b) False
  8. 8.Saanvi has ₹270 to spend on sheets of card paper. One sheet of card paper costs ₹10. What is the greatest number of sheets of card paper Saanvi can buy?
  9. 9.📒 One-time cost or running cost: lemons? (a) a running cost (b) a one-time cost
  10. 10.Joseph plans to make 31 handmade cards. Each needs ₹7 of materials, and a banner costs ₹270 once. What total budget is needed (in ₹)?
  11. 11.Lakshmi’s stall budget is ₹640. Paper cups cost ₹70, a price board cost ₹60 and a banner cost ₹220. How many rupees of the budget are left?
  12. 12.📒 One-time cost or running cost: ice? (a) a running cost (b) a one-time cost
  13. 13.True or false: “a folding table” is a one-time cost. (a) False (b) True
  14. 14.Lakshmi’s stall budget is ₹330. Paper cups cost ₹60, card paper cost ₹40 and a banner cost ₹30. How many rupees of the budget are left?
  15. 15.Zoya’s stall budget is ₹720. A price board cost ₹250, seeds cost ₹80 and sugar cost ₹270. How many rupees of the budget are left?
  16. 16.🔍 Which is the odd one out? (a) paper cups (b) card paper (c) ice (d) a juicer
  17. 17.Which of these is a one-time cost? (a) sugar (b) a price board (c) ice (d) paper cups
  18. 18.Nisha plans to make 38 bags of popcorn. Each needs ₹6 of materials, and a banner costs ₹300 once. What total budget is needed (in ₹)?
  19. 19.Rohan has a budget of ₹300. The stock costs ₹80 and the stall fee is ₹210. Is the budget enough? (a) Yes (b) No
  20. 20.Dev’s stall budget is ₹760. Paper cups cost ₹160, a price board cost ₹250 and card paper cost ₹100. How many rupees of the budget are left?
  21. 21.Rohan’s stall budget is ₹640. A banner cost ₹230, card paper cost ₹190 and sugar cost ₹60. How many rupees of the budget are left?
  22. 22.Dev’s stall budget is ₹460. Sugar cost ₹120, card paper cost ₹110 and ribbon cost ₹180. How many rupees of the budget are left?
  23. 23.Aarav has a budget of ₹300. The stock costs ₹130 and the stall fee is ₹220. Is the budget enough? (a) No (b) Yes
  24. 24.🔍 Which is the odd one out? (a) sugar (b) a cloth banner (c) a cash box (d) a folding table
  25. 25.True or false: “a cloth banner” is a one-time cost. (a) False (b) True
  26. 26.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost
  27. 27.Nisha’s stall budget is ₹300. Card paper cost ₹20, a banner cost ₹70 and pots cost ₹140. How many rupees of the budget are left?
  28. 28.Which of these is a running cost? (a) a price board (b) a folding table (c) a cash box (d) ice
  29. 29.Which of these is a one-time cost? (a) lemons (b) paper cups (c) a folding table (d) card paper
  30. 30.Joseph has a budget of ₹400. The stock costs ₹130 and the stall fee is ₹250. Is the budget enough? (a) Yes (b) No
  31. 31.Joseph has ₹340 to spend on rolls of ribbon. One roll of ribbon costs ₹8. What is the greatest number of rolls of ribbon Joseph can buy?
  32. 32.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  33. 33.Nisha has a budget of ₹400. The stock costs ₹80 and the stall fee is ₹320. Is the budget enough? (a) Yes (b) No
  34. 34.🔍 Which is the odd one out? (a) a folding table (b) tea leaves and milk (c) a juicer (d) a cloth banner
  35. 35.🔍 Which is the odd one out? (a) a folding table (b) a juicer (c) seeds and soil (d) a cooler box
  36. 36.Riya plans to make 50 painted pebbles. Each needs ₹5 of materials, and a banner costs ₹170 once. What total budget is needed (in ₹)?
  37. 37.🔍 Which is the odd one out? (a) a folding table (b) paper cups (c) a price board (d) a cash box
  38. 38.Which of these is a running cost? (a) a cash box (b) a price board (c) paper cups (d) a cooler box
  39. 39.Dev has ₹230 to spend on packets of seeds. One packet of seeds costs ₹5. What is the greatest number of packets of seeds Dev can buy?
  40. 40.Which of these is a one-time cost? (a) a cooler box (b) paper cups (c) seeds and soil (d) card paper

Answer key

  1. True
  2. a running cost
  3. lemons
  4. ice
  5. 250
  6. 280
  7. True
  8. 27
  9. a running cost
  10. 487
  11. 290
  12. a running cost
  13. True
  14. 200
  15. 120
  16. a juicer
  17. a price board
  18. 528
  19. Yes
  20. 250
  21. 160
  22. 50
  23. No
  24. sugar
  25. True
  26. a one-time cost
  27. 70
  28. ice
  29. a folding table
  30. Yes
  31. 42
  32. a one-time cost
  33. Yes
  34. tea leaves and milk
  35. seeds and soil
  36. 420
  37. paper cups
  38. paper cups
  39. 46
  40. a cooler box

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