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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 92 · 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 of these is a one-time cost? (a) ice (b) a cooler box (c) sugar (d) tea leaves and milk
  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 one-time cost? (a) a folding table (b) seeds and soil (c) tea leaves and milk (d) sugar
  4. 4.True or false: “seeds and soil” is a one-time cost. (a) False (b) True
  5. 5.Nisha has ₹140 to spend on lemons. One lemon costs ₹5. What is the greatest number of lemons Nisha can buy?
  6. 6.Dev plans to make 25 bags of popcorn. Each needs ₹6 of materials, and a banner costs ₹210 once. What total budget is needed (in ₹)?
  7. 7.🔍 Which is the odd one out? (a) ice (b) a price board (c) a juicer (d) a cash box
  8. 8.Riya’s stall budget is ₹1050. Ribbon cost ₹270, paper cups cost ₹240 and napkins cost ₹300. How many rupees of the budget are left?
  9. 9.🔍 Which is the odd one out? (a) a folding table (b) lemons (c) a cloth banner (d) a juicer
  10. 10.Joseph’s stall budget is ₹580. A banner cost ₹20, napkins cost ₹240 and ribbon cost ₹130. How many rupees of the budget are left?
  11. 11.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
  12. 12.Nisha plans to make 16 cups of lemonade. Each needs ₹4 of materials, and a banner costs ₹260 once. What total budget is needed (in ₹)?
  13. 13.True or false: “a cash box” is a running cost. (a) False (b) True
  14. 14.Aarav’s stall budget is ₹760. Card paper cost ₹290, lemons cost ₹220 and a price board cost ₹160. How many rupees of the budget are left?
  15. 15.🔍 Which is the odd one out? (a) sugar (b) tea leaves and milk (c) lemons (d) a price board
  16. 16.🔍 Which is the odd one out? (a) a juicer (b) paper cups (c) a folding table (d) a cloth banner
  17. 17.Saanvi plans to make 27 cupcakes. Each needs ₹3 of materials, and a banner costs ₹200 once. What total budget is needed (in ₹)?
  18. 18.🔍 Which is the odd one out? (a) a folding table (b) a juicer (c) card paper (d) a price board
  19. 19.Vihaan’s stall budget is ₹540. Card paper cost ₹190, sugar cost ₹170 and ribbon cost ₹150. How many rupees of the budget are left?
  20. 20.🔍 Which is the odd one out? (a) card paper (b) sugar (c) a cash box (d) paper cups
  21. 21.True or false: “lemons” is a running cost. (a) True (b) False
  22. 22.True or false: “a cash box” is a one-time cost. (a) False (b) True
  23. 23.True or false: “sugar” is a running cost. (a) False (b) True
  24. 24.Which of these is a running cost? (a) a cloth banner (b) a price board (c) a folding table (d) paper cups
  25. 25.Which of these is a running cost? (a) a folding table (b) tea leaves and milk (c) a cash box (d) a cloth banner
  26. 26.Dev’s stall budget is ₹380. Paper cups cost ₹80, sugar cost ₹40 and ribbon cost ₹190. How many rupees of the budget are left?
  27. 27.Saanvi has ₹420 to spend on lemons. One lemon costs ₹20. What is the greatest number of lemons Saanvi can buy?
  28. 28.📒 One-time cost or running cost: lemons? (a) a running cost (b) a one-time cost
  29. 29.Which of these is a running cost? (a) a folding table (b) a cloth banner (c) lemons (d) a juicer
  30. 30.Tara has a budget of ₹700. The stock costs ₹170 and the stall fee is ₹540. Is the budget enough? (a) No (b) Yes
  31. 31.Rohan plans to make 22 glasses of chai. Each needs ₹8 of materials, and a banner costs ₹140 once. What total budget is needed (in ₹)?
  32. 32.Nisha has a budget of ₹500. The stock costs ₹110 and the stall fee is ₹350. Is the budget enough? (a) Yes (b) No
  33. 33.Meera plans to make 32 paper bookmarks. Each needs ₹5 of materials, and a banner costs ₹180 once. What total budget is needed (in ₹)?
  34. 34.Vihaan has ₹80 to spend on lemons. One lemon costs ₹6. What is the greatest number of lemons Vihaan can buy?
  35. 35.Vihaan plans to make 29 glasses of chai. Each needs ₹2 of materials, and a banner costs ₹160 once. What total budget is needed (in ₹)?
  36. 36.Gurpreet’s stall budget is ₹660. Ribbon cost ₹290, paper cups cost ₹110 and seeds cost ₹20. How many rupees of the budget are left?
  37. 37.📒 One-time cost or running cost: seeds and soil? (a) a running cost (b) a one-time cost
  38. 38.Saanvi’s stall budget is ₹450. A banner cost ₹20, napkins cost ₹40 and pots cost ₹200. How many rupees of the budget are left?
  39. 39.Kabir has a budget of ₹900. The stock costs ₹90 and the stall fee is ₹780. Is the budget enough? (a) No (b) Yes
  40. 40.📒 One-time cost or running cost: ice? (a) a running cost (b) a one-time cost

Answer key

  1. a cooler box
  2. a running cost
  3. a folding table
  4. False
  5. 28
  6. 360
  7. ice
  8. 240
  9. lemons
  10. 190
  11. a running cost
  12. 324
  13. False
  14. 90
  15. a price board
  16. paper cups
  17. 281
  18. card paper
  19. 30
  20. a cash box
  21. True
  22. True
  23. True
  24. paper cups
  25. tea leaves and milk
  26. 70
  27. 21
  28. a running cost
  29. lemons
  30. No
  31. 316
  32. Yes
  33. 340
  34. 13
  35. 218
  36. 240
  37. a running cost
  38. 190
  39. Yes
  40. a running cost

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