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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 942 · 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) paper cups (b) lemons (c) a cash box (d) sugar
  2. 2.Which of these is a one-time cost? (a) a price board (b) lemons (c) paper cups (d) card paper
  3. 3.Ananya has a budget of ₹300. The stock costs ₹130 and the stall fee is ₹190. Is the budget enough? (a) No (b) Yes
  4. 4.🔍 Which is the odd one out? (a) seeds and soil (b) a cash box (c) a folding table (d) a cooler box
  5. 5.True or false: “a juicer” is a running cost. (a) False (b) True
  6. 6.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  7. 7.Aarav plans to make 15 clay diyas. Each needs ₹9 of materials, and a banner costs ₹170 once. What total budget is needed (in ₹)?
  8. 8.Joseph plans to make 41 glasses of chai. Each needs ₹2 of materials, and a banner costs ₹220 once. What total budget is needed (in ₹)?
  9. 9.Vihaan has ₹490 to spend on lemons. One lemon costs ₹12. What is the greatest number of lemons Vihaan can buy?
  10. 10.True or false: “seeds and soil” is a one-time cost. (a) True (b) False
  11. 11.Ananya’s stall budget is ₹940. Napkins cost ₹270, a banner cost ₹260 and ribbon cost ₹260. How many rupees of the budget are left?
  12. 12.True or false: “lemons” is a running cost. (a) True (b) False
  13. 13.Saanvi has a budget of ₹500. The stock costs ₹190 and the stall fee is ₹270. Is the budget enough? (a) Yes (b) No
  14. 14.Which of these is a one-time cost? (a) paper cups (b) card paper (c) sugar (d) a cloth banner
  15. 15.Vihaan has ₹280 to spend on sheets of card paper. One sheet of card paper costs ₹4. What is the greatest number of sheets of card paper Vihaan can buy?
  16. 16.🔍 Which is the odd one out? (a) ice (b) a juicer (c) lemons (d) paper cups
  17. 17.🔍 Which is the odd one out? (a) card paper (b) tea leaves and milk (c) a folding table (d) paper cups
  18. 18.Kabir plans to make 28 bags of popcorn. Each needs ₹6 of materials, and a banner costs ₹220 once. What total budget is needed (in ₹)?
  19. 19.True or false: “a cloth banner” is a one-time cost. (a) False (b) True
  20. 20.🔍 Which is the odd one out? (a) a price board (b) paper cups (c) a folding table (d) a juicer
  21. 21.🔍 Which is the odd one out? (a) a folding table (b) a cash box (c) card paper (d) a cooler box
  22. 22.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
  23. 23.🔍 Which is the odd one out? (a) a cooler box (b) a cloth banner (c) ice (d) a juicer
  24. 24.📒 One-time cost or running cost: card paper? (a) a one-time cost (b) a running cost
  25. 25.Rohan has ₹370 to spend on lemons. One lemon costs ₹8. What is the greatest number of lemons Rohan can buy?
  26. 26.🔍 Which is the odd one out? (a) a folding table (b) a cash box (c) lemons (d) a cooler box
  27. 27.Zoya has a budget of ₹500. The stock costs ₹110 and the stall fee is ₹400. Is the budget enough? (a) No (b) Yes
  28. 28.Which of these is a running cost? (a) card paper (b) a cooler box (c) a cloth banner (d) a cash box
  29. 29.Farhan plans to make 13 cupcakes. Each needs ₹2 of materials, and a banner costs ₹270 once. What total budget is needed (in ₹)?
  30. 30.Kabir’s stall budget is ₹740. Card paper cost ₹130, lemons cost ₹230 and a price board cost ₹300. How many rupees of the budget are left?
  31. 31.Vihaan’s stall budget is ₹470. Pots cost ₹70, a banner cost ₹130 and card paper cost ₹120. How many rupees of the budget are left?
  32. 32.Ishaan has a budget of ₹900. The stock costs ₹450 and the stall fee is ₹450. Is the budget enough? (a) No (b) Yes
  33. 33.Farhan’s stall budget is ₹560. A banner cost ₹270, pots cost ₹120 and lemons cost ₹90. How many rupees of the budget are left?
  34. 34.Meera has ₹250 to spend on rolls of ribbon. One roll of ribbon costs ₹5. What is the greatest number of rolls of ribbon Meera can buy?
  35. 35.Tara has a budget of ₹1000. The stock costs ₹100 and the stall fee is ₹850. Is the budget enough? (a) No (b) Yes
  36. 36.Nisha plans to make 44 cupcakes. Each needs ₹9 of materials, and a banner costs ₹100 once. What total budget is needed (in ₹)?
  37. 37.True or false: “a cash box” is a running cost. (a) True (b) False
  38. 38.📒 One-time cost or running cost: paper cups? (a) a one-time cost (b) a running cost
  39. 39.Which of these is a running cost? (a) a cloth banner (b) a juicer (c) a folding table (d) tea leaves and milk
  40. 40.🔍 Which is the odd one out? (a) card paper (b) a price board (c) sugar (d) seeds and soil

Answer key

  1. a cash box
  2. a price board
  3. No
  4. seeds and soil
  5. False
  6. a one-time cost
  7. 305
  8. 302
  9. 40
  10. False
  11. 150
  12. True
  13. Yes
  14. a cloth banner
  15. 70
  16. a juicer
  17. a folding table
  18. 388
  19. True
  20. paper cups
  21. card paper
  22. a one-time cost
  23. ice
  24. a running cost
  25. 46
  26. lemons
  27. No
  28. card paper
  29. 296
  30. 80
  31. 150
  32. Yes
  33. 80
  34. 50
  35. Yes
  36. 496
  37. False
  38. a running cost
  39. tea leaves and milk
  40. a price board

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