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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 919 · 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 cloth banner (b) sugar (c) a juicer (d) a price board
  2. 2.Which of these is a one-time cost? (a) a folding table (b) tea leaves and milk (c) card paper (d) paper cups
  3. 3.Ishaan has ₹330 to spend on rolls of ribbon. One roll of ribbon costs ₹6. What is the greatest number of rolls of ribbon Ishaan can buy?
  4. 4.True or false: “a juicer” is a running cost. (a) True (b) False
  5. 5.True or false: “a folding table” is a running cost. (a) True (b) False
  6. 6.Lakshmi has a budget of ₹300. The stock costs ₹80 and the stall fee is ₹190. Is the budget enough? (a) No (b) Yes
  7. 7.Rohan has ₹430 to spend on packets of seeds. One packet of seeds costs ₹4. What is the greatest number of packets of seeds Rohan can buy?
  8. 8.True or false: “a juicer” is a one-time cost. (a) True (b) False
  9. 9.Which of these is a running cost? (a) a folding table (b) a cloth banner (c) a price board (d) paper cups
  10. 10.📒 One-time cost or running cost: tea leaves and milk? (a) a running cost (b) a one-time cost
  11. 11.Lakshmi’s stall budget is ₹470. Napkins cost ₹70, paper cups cost ₹160 and seeds cost ₹20. How many rupees of the budget are left?
  12. 12.Tara plans to make 11 cups of lemonade. Each needs ₹8 of materials, and a banner costs ₹100 once. What total budget is needed (in ₹)?
  13. 13.True or false: “a folding table” is a one-time cost. (a) True (b) False
  14. 14.Joseph has ₹160 to spend on packs of cups. One pack of cups costs ₹4. What is the greatest number of packs of cups Joseph can buy?
  15. 15.Farhan plans to make 22 fruit cups. Each needs ₹4 of materials, and a banner costs ₹50 once. What total budget is needed (in ₹)?
  16. 16.🔍 Which is the odd one out? (a) a cooler box (b) lemons (c) ice (d) seeds and soil
  17. 17.📒 One-time cost or running cost: a cooler box? (a) a one-time cost (b) a running cost
  18. 18.Ananya’s stall budget is ₹650. Ribbon cost ₹100, pots cost ₹220 and sugar cost ₹250. How many rupees of the budget are left?
  19. 19.Diya has ₹230 to spend on packets of seeds. One packet of seeds costs ₹4. What is the greatest number of packets of seeds Diya can buy?
  20. 20.True or false: “a cash box” is a one-time cost. (a) False (b) True
  21. 21.Zoya’s stall budget is ₹810. Lemons cost ₹300, paper cups cost ₹150 and pots cost ₹240. How many rupees of the budget are left?
  22. 22.🔍 Which is the odd one out? (a) lemons (b) sugar (c) tea leaves and milk (d) a cloth banner
  23. 23.Which of these is a one-time cost? (a) paper cups (b) tea leaves and milk (c) card paper (d) a cloth banner
  24. 24.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  25. 25.Zoya’s stall budget is ₹550. Lemons cost ₹170, a price board cost ₹210 and napkins cost ₹60. How many rupees of the budget are left?
  26. 26.Saanvi has a budget of ₹300. The stock costs ₹90 and the stall fee is ₹160. Is the budget enough? (a) No (b) Yes
  27. 27.🔍 Which is the odd one out? (a) a folding table (b) tea leaves and milk (c) paper cups (d) lemons
  28. 28.True or false: “a price board” is a one-time cost. (a) True (b) False
  29. 29.🔍 Which is the odd one out? (a) paper cups (b) a cooler box (c) a juicer (d) a cash box
  30. 30.Gurpreet has ₹70 to spend on lemons. One lemon costs ₹20. What is the greatest number of lemons Gurpreet can buy?
  31. 31.📒 One-time cost or running cost: card paper? (a) a one-time cost (b) a running cost
  32. 32.Gurpreet has a budget of ₹500. The stock costs ₹50 and the stall fee is ₹460. Is the budget enough? (a) Yes (b) No
  33. 33.Tara’s stall budget is ₹410. Ribbon cost ₹70, sugar cost ₹20 and pots cost ₹70. How many rupees of the budget are left?
  34. 34.🔍 Which is the odd one out? (a) a cooler box (b) lemons (c) a price board (d) a cloth banner
  35. 35.Dev has ₹140 to spend on packets of seeds. One packet of seeds costs ₹20. What is the greatest number of packets of seeds Dev can buy?
  36. 36.True or false: “a cooler box” is a running cost. (a) True (b) False
  37. 37.Ishaan has a budget of ₹500. The stock costs ₹240 and the stall fee is ₹220. Is the budget enough? (a) Yes (b) No
  38. 38.Which of these is a one-time cost? (a) paper cups (b) seeds and soil (c) sugar (d) a price board
  39. 39.📒 One-time cost or running cost: ice? (a) a one-time cost (b) a running cost
  40. 40.Arjun plans to make 49 bags of popcorn. Each needs ₹10 of materials, and a banner costs ₹230 once. What total budget is needed (in ₹)?

Answer key

  1. sugar
  2. a folding table
  3. 55
  4. False
  5. False
  6. Yes
  7. 107
  8. True
  9. paper cups
  10. a running cost
  11. 220
  12. 188
  13. True
  14. 40
  15. 138
  16. a cooler box
  17. a one-time cost
  18. 80
  19. 57
  20. True
  21. 120
  22. a cloth banner
  23. a cloth banner
  24. a one-time cost
  25. 110
  26. Yes
  27. a folding table
  28. True
  29. paper cups
  30. 3
  31. a running cost
  32. No
  33. 250
  34. lemons
  35. 7
  36. False
  37. Yes
  38. a price board
  39. a running cost
  40. 720

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