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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 972 · 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 cooler box (b) a juicer (c) ice (d) a cash box
  2. 2.Which of these is a running cost? (a) a cloth banner (b) a folding table (c) lemons (d) a juicer
  3. 3.🔍 Which is the odd one out? (a) seeds and soil (b) paper cups (c) a folding table (d) sugar
  4. 4.Meera has ₹210 to spend on lemons. One lemon costs ₹12. What is the greatest number of lemons Meera can buy?
  5. 5.Kavya’s stall budget is ₹550. Paper cups cost ₹40, ribbon cost ₹40 and sugar cost ₹300. How many rupees of the budget are left?
  6. 6.Which of these is a one-time cost? (a) sugar (b) paper cups (c) seeds and soil (d) a juicer
  7. 7.🔍 Which is the odd one out? (a) a price board (b) a cooler box (c) tea leaves and milk (d) a cloth banner
  8. 8.🔍 Which is the odd one out? (a) lemons (b) sugar (c) a juicer (d) card paper
  9. 9.Kavya’s stall budget is ₹300. Card paper cost ₹100, paper cups cost ₹80 and a price board cost ₹30. How many rupees of the budget are left?
  10. 10.📒 One-time cost or running cost: paper cups? (a) a running cost (b) a one-time cost
  11. 11.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost
  12. 12.True or false: “ice” is a one-time cost. (a) True (b) False
  13. 13.Kavya has a budget of ₹900. The stock costs ₹130 and the stall fee is ₹780. Is the budget enough? (a) Yes (b) No
  14. 14.True or false: “a price board” is a running cost. (a) True (b) False
  15. 15.Kabir has a budget of ₹300. The stock costs ₹150 and the stall fee is ₹100. Is the budget enough? (a) Yes (b) No
  16. 16.Ishaan plans to make 10 bags of popcorn. Each needs ₹6 of materials, and a banner costs ₹240 once. What total budget is needed (in ₹)?
  17. 17.📒 One-time cost or running cost: ice? (a) a running cost (b) a one-time cost
  18. 18.🔍 Which is the odd one out? (a) a cloth banner (b) a juicer (c) lemons (d) a folding table
  19. 19.📒 One-time cost or running cost: lemons? (a) a one-time cost (b) a running cost
  20. 20.Which of these is a running cost? (a) seeds and soil (b) a juicer (c) a folding table (d) a price board
  21. 21.Which of these is a running cost? (a) a folding table (b) a cash box (c) a price board (d) tea leaves and milk
  22. 22.🔍 Which is the odd one out? (a) tea leaves and milk (b) card paper (c) a cloth banner (d) lemons
  23. 23.📒 One-time cost or running cost: a price board? (a) a one-time cost (b) a running cost
  24. 24.📒 One-time cost or running cost: sugar? (a) a one-time cost (b) a running cost
  25. 25.🔍 Which is the odd one out? (a) a cooler box (b) a cloth banner (c) a folding table (d) sugar
  26. 26.Riya plans to make 13 fruit cups. Each needs ₹8 of materials, and a banner costs ₹140 once. What total budget is needed (in ₹)?
  27. 27.Saanvi’s stall budget is ₹420. A price board cost ₹20, napkins cost ₹270 and a banner cost ₹80. How many rupees of the budget are left?
  28. 28.True or false: “ice” is a running cost. (a) False (b) True
  29. 29.Kavya has a budget of ₹500. The stock costs ₹250 and the stall fee is ₹240. Is the budget enough? (a) Yes (b) No
  30. 30.Meera’s stall budget is ₹480. Lemons cost ₹90, a banner cost ₹250 and ribbon cost ₹70. How many rupees of the budget are left?
  31. 31.Saanvi has a budget of ₹900. The stock costs ₹190 and the stall fee is ₹690. Is the budget enough? (a) Yes (b) No
  32. 32.Vihaan plans to make 36 painted pebbles. Each needs ₹2 of materials, and a banner costs ₹80 once. What total budget is needed (in ₹)?
  33. 33.Riya’s stall budget is ₹380. Sugar cost ₹70, a price board cost ₹60 and seeds cost ₹230. How many rupees of the budget are left?
  34. 34.Which of these is a one-time cost? (a) tea leaves and milk (b) a cash box (c) seeds and soil (d) card paper
  35. 35.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
  36. 36.Saanvi has ₹140 to spend on packs of cups. One pack of cups costs ₹15. What is the greatest number of packs of cups Saanvi can buy?
  37. 37.📒 One-time cost or running cost: a cloth banner? (a) a one-time cost (b) a running cost
  38. 38.Riya plans to make 33 clay diyas. Each needs ₹6 of materials, and a banner costs ₹50 once. What total budget is needed (in ₹)?
  39. 39.🔍 Which is the odd one out? (a) card paper (b) a folding table (c) a cooler box (d) a cloth banner
  40. 40.📒 One-time cost or running cost: seeds and soil? (a) a one-time cost (b) a running cost

Answer key

  1. ice
  2. lemons
  3. a folding table
  4. 17
  5. 170
  6. a juicer
  7. tea leaves and milk
  8. a juicer
  9. 90
  10. a running cost
  11. a one-time cost
  12. False
  13. No
  14. False
  15. Yes
  16. 300
  17. a running cost
  18. lemons
  19. a running cost
  20. seeds and soil
  21. tea leaves and milk
  22. a cloth banner
  23. a one-time cost
  24. a running cost
  25. sugar
  26. 244
  27. 50
  28. True
  29. Yes
  30. 70
  31. Yes
  32. 152
  33. 20
  34. a cash box
  35. a one-time cost
  36. 9
  37. a one-time cost
  38. 248
  39. card paper
  40. a running cost

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