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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 865 · 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: “ice” is a running cost. (a) True (b) False
  2. 2.Gurpreet’s stall budget is ₹520. Lemons cost ₹300, ribbon cost ₹140 and pots cost ₹50. How many rupees of the budget are left?
  3. 3.Tara’s stall budget is ₹790. Paper cups cost ₹140, seeds cost ₹250 and napkins cost ₹180. How many rupees of the budget are left?
  4. 4.🔍 Which is the odd one out? (a) a cooler box (b) card paper (c) paper cups (d) tea leaves and milk
  5. 5.Rohan plans to make 41 bags of popcorn. Each needs ₹5 of materials, and a banner costs ₹70 once. What total budget is needed (in ₹)?
  6. 6.Arjun plans to make 50 jute bags. Each needs ₹4 of materials, and a banner costs ₹100 once. What total budget is needed (in ₹)?
  7. 7.Riya’s stall budget is ₹480. Seeds cost ₹220, a banner cost ₹20 and lemons cost ₹50. How many rupees of the budget are left?
  8. 8.Which of these is a one-time cost? (a) sugar (b) paper cups (c) a cooler box (d) seeds and soil
  9. 9.Kabir’s stall budget is ₹830. A banner cost ₹250, sugar cost ₹290 and card paper cost ₹200. How many rupees of the budget are left?
  10. 10.Vihaan has a budget of ₹400. The stock costs ₹120 and the stall fee is ₹320. Is the budget enough? (a) Yes (b) No
  11. 11.Which of these is a one-time cost? (a) card paper (b) tea leaves and milk (c) a folding table (d) seeds and soil
  12. 12.Which of these is a running cost? (a) a cooler box (b) a juicer (c) tea leaves and milk (d) a folding table
  13. 13.Which of these is a running cost? (a) paper cups (b) a cloth banner (c) a price board (d) a folding table
  14. 14.📒 One-time cost or running cost: lemons? (a) a running cost (b) a one-time cost
  15. 15.True or false: “seeds and soil” is a one-time cost. (a) False (b) True
  16. 16.Kabir’s stall budget is ₹710. Sugar cost ₹290, card paper cost ₹20 and napkins cost ₹140. How many rupees of the budget are left?
  17. 17.🔍 Which is the odd one out? (a) a folding table (b) lemons (c) a cash box (d) a cooler box
  18. 18.Riya plans to make 46 cups of lemonade. Each needs ₹5 of materials, and a banner costs ₹90 once. What total budget is needed (in ₹)?
  19. 19.Which of these is a one-time cost? (a) a juicer (b) paper cups (c) sugar (d) card paper
  20. 20.Which of these is a one-time cost? (a) paper cups (b) lemons (c) tea leaves and milk (d) a cash box
  21. 21.🔍 Which is the odd one out? (a) sugar (b) a price board (c) ice (d) lemons
  22. 22.Arjun has ₹370 to spend on rolls of ribbon. One roll of ribbon costs ₹15. What is the greatest number of rolls of ribbon Arjun can buy?
  23. 23.🔍 Which is the odd one out? (a) a folding table (b) a juicer (c) a cloth banner (d) tea leaves and milk
  24. 24.📒 One-time cost or running cost: card paper? (a) a one-time cost (b) a running cost
  25. 25.Which of these is a running cost? (a) ice (b) a juicer (c) a price board (d) a cloth banner
  26. 26.True or false: “sugar” is a one-time cost. (a) False (b) True
  27. 27.📒 One-time cost or running cost: sugar? (a) a one-time cost (b) a running cost
  28. 28.Aarav has a budget of ₹1000. The stock costs ₹130 and the stall fee is ₹880. Is the budget enough? (a) No (b) Yes
  29. 29.Which of these is a running cost? (a) a cash box (b) a folding table (c) a cooler box (d) lemons
  30. 30.True or false: “a cloth banner” is a running cost. (a) True (b) False
  31. 31.True or false: “a cooler box” is a one-time cost. (a) True (b) False
  32. 32.Kabir’s stall budget is ₹530. A banner cost ₹90, paper cups cost ₹60 and napkins cost ₹150. How many rupees of the budget are left?
  33. 33.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  34. 34.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
  35. 35.🔍 Which is the odd one out? (a) tea leaves and milk (b) a cash box (c) lemons (d) paper cups
  36. 36.Meera has a budget of ₹1000. The stock costs ₹120 and the stall fee is ₹840. Is the budget enough? (a) No (b) Yes
  37. 37.True or false: “card paper” is a running cost. (a) False (b) True
  38. 38.Which of these is a running cost? (a) a juicer (b) a cooler box (c) a cloth banner (d) card paper
  39. 39.🔍 Which is the odd one out? (a) a juicer (b) a price board (c) seeds and soil (d) a cloth banner
  40. 40.Kabir has a budget of ₹800. The stock costs ₹390 and the stall fee is ₹360. Is the budget enough? (a) No (b) Yes

Answer key

  1. True
  2. 30
  3. 220
  4. a cooler box
  5. 275
  6. 300
  7. 190
  8. a cooler box
  9. 90
  10. No
  11. a folding table
  12. tea leaves and milk
  13. paper cups
  14. a running cost
  15. False
  16. 260
  17. lemons
  18. 320
  19. a juicer
  20. a cash box
  21. a price board
  22. 24
  23. tea leaves and milk
  24. a running cost
  25. ice
  26. False
  27. a running cost
  28. No
  29. lemons
  30. False
  31. True
  32. 230
  33. a one-time cost
  34. a running cost
  35. a cash box
  36. Yes
  37. True
  38. card paper
  39. seeds and soil
  40. Yes

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