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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 941 · 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) card paper (b) ice (c) a cloth banner (d) tea leaves and milk
  2. 2.🔍 Which is the odd one out? (a) seeds and soil (b) paper cups (c) a folding table (d) sugar
  3. 3.🔍 Which is the odd one out? (a) a price board (b) a folding table (c) a cloth banner (d) card paper
  4. 4.Diya plans to make 24 cups of lemonade. Each needs ₹9 of materials, and a banner costs ₹110 once. What total budget is needed (in ₹)?
  5. 5.Which of these is a one-time cost? (a) a cooler box (b) lemons (c) ice (d) tea leaves and milk
  6. 6.Arjun plans to make 17 fruit cups. Each needs ₹7 of materials, and a banner costs ₹140 once. What total budget is needed (in ₹)?
  7. 7.True or false: “ice” is a one-time cost. (a) True (b) False
  8. 8.Which of these is a running cost? (a) a cloth banner (b) a folding table (c) a juicer (d) tea leaves and milk
  9. 9.📒 One-time cost or running cost: lemons? (a) a one-time cost (b) a running cost
  10. 10.📒 One-time cost or running cost: card paper? (a) a one-time cost (b) a running cost
  11. 11.Which of these is a running cost? (a) a price board (b) a folding table (c) a cooler box (d) seeds and soil
  12. 12.Which of these is a running cost? (a) ice (b) a price board (c) a juicer (d) a cooler box
  13. 13.Kabir’s stall budget is ₹790. Sugar cost ₹150, ribbon cost ₹90 and lemons cost ₹300. How many rupees of the budget are left?
  14. 14.Nisha plans to make 46 jute bags. Each needs ₹6 of materials, and a banner costs ₹150 once. What total budget is needed (in ₹)?
  15. 15.Diya’s stall budget is ₹660. Lemons cost ₹290, a banner cost ₹80 and card paper cost ₹120. How many rupees of the budget are left?
  16. 16.Farhan has ₹170 to spend on rolls of ribbon. One roll of ribbon costs ₹4. What is the greatest number of rolls of ribbon Farhan can buy?
  17. 17.📒 One-time cost or running cost: seeds and soil? (a) a one-time cost (b) a running cost
  18. 18.📒 One-time cost or running cost: tea leaves and milk? (a) a running cost (b) a one-time cost
  19. 19.Farhan’s stall budget is ₹360. Ribbon cost ₹20, a price board cost ₹70 and napkins cost ₹50. How many rupees of the budget are left?
  20. 20.True or false: “lemons” is a running cost. (a) False (b) True
  21. 21.Dev has ₹320 to spend on packs of cups. One pack of cups costs ₹15. What is the greatest number of packs of cups Dev can buy?
  22. 22.Aarav has ₹460 to spend on packs of cups. One pack of cups costs ₹15. What is the greatest number of packs of cups Aarav can buy?
  23. 23.True or false: “card paper” is a one-time cost. (a) False (b) True
  24. 24.Dev has a budget of ₹800. The stock costs ₹240 and the stall fee is ₹590. Is the budget enough? (a) Yes (b) No
  25. 25.True or false: “a juicer” is a running cost. (a) False (b) True
  26. 26.Vihaan plans to make 43 fruit cups. Each needs ₹6 of materials, and a banner costs ₹50 once. What total budget is needed (in ₹)?
  27. 27.Joseph has a budget of ₹400. The stock costs ₹120 and the stall fee is ₹230. Is the budget enough? (a) No (b) Yes
  28. 28.Joseph has ₹470 to spend on sheets of card paper. One sheet of card paper costs ₹6. What is the greatest number of sheets of card paper Joseph can buy?
  29. 29.True or false: “a cloth banner” is a one-time cost. (a) False (b) True
  30. 30.📒 One-time cost or running cost: ice? (a) a running cost (b) a one-time cost
  31. 31.True or false: “a cloth banner” is a running cost. (a) False (b) True
  32. 32.Aarav has ₹190 to spend on rolls of ribbon. One roll of ribbon costs ₹20. What is the greatest number of rolls of ribbon Aarav can buy?
  33. 33.Joseph has a budget of ₹800. The stock costs ₹310 and the stall fee is ₹450. Is the budget enough? (a) Yes (b) No
  34. 34.True or false: “a price board” is a one-time cost. (a) False (b) True
  35. 35.True or false: “a folding table” is a one-time cost. (a) False (b) True
  36. 36.Saanvi has a budget of ₹700. The stock costs ₹100 and the stall fee is ₹600. Is the budget enough? (a) No (b) Yes
  37. 37.🔍 Which is the odd one out? (a) a cash box (b) lemons (c) paper cups (d) sugar
  38. 38.Aarav has ₹410 to spend on sheets of card paper. One sheet of card paper costs ₹6. What is the greatest number of sheets of card paper Aarav can buy?
  39. 39.🔍 Which is the odd one out? (a) a cloth banner (b) a price board (c) a cash box (d) lemons
  40. 40.Ananya has ₹370 to spend on packets of seeds. One packet of seeds costs ₹6. What is the greatest number of packets of seeds Ananya can buy?

Answer key

  1. a cloth banner
  2. a folding table
  3. card paper
  4. 326
  5. a cooler box
  6. 259
  7. False
  8. tea leaves and milk
  9. a running cost
  10. a running cost
  11. seeds and soil
  12. ice
  13. 250
  14. 426
  15. 170
  16. 42
  17. a running cost
  18. a running cost
  19. 220
  20. True
  21. 21
  22. 30
  23. False
  24. No
  25. False
  26. 308
  27. Yes
  28. 78
  29. True
  30. a running cost
  31. False
  32. 9
  33. Yes
  34. True
  35. True
  36. Yes
  37. a cash box
  38. 68
  39. lemons
  40. 61

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