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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 989 · 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) paper cups (b) lemons (c) sugar (d) a price board
  2. 2.Ishaan plans to make 45 fruit cups. Each needs ₹3 of materials, and a banner costs ₹130 once. What total budget is needed (in ₹)?
  3. 3.🔍 Which is the odd one out? (a) tea leaves and milk (b) card paper (c) lemons (d) a cloth banner
  4. 4.Ishaan has a budget of ₹800. The stock costs ₹230 and the stall fee is ₹560. Is the budget enough? (a) Yes (b) No
  5. 5.Kavya’s stall budget is ₹450. Pots cost ₹170, ribbon cost ₹60 and a price board cost ₹170. How many rupees of the budget are left?
  6. 6.📒 One-time cost or running cost: a cloth banner? (a) a one-time cost (b) a running cost
  7. 7.Which of these is a running cost? (a) a cash box (b) a cooler box (c) a folding table (d) lemons
  8. 8.Which of these is a running cost? (a) card paper (b) a cooler box (c) a folding table (d) a price board
  9. 9.True or false: “a cloth banner” is a running cost. (a) False (b) True
  10. 10.Riya has a budget of ₹700. The stock costs ₹150 and the stall fee is ₹510. Is the budget enough? (a) Yes (b) No
  11. 11.Kavya plans to make 13 painted pebbles. Each needs ₹10 of materials, and a banner costs ₹100 once. What total budget is needed (in ₹)?
  12. 12.Which of these is a running cost? (a) a cooler box (b) a folding table (c) sugar (d) a price board
  13. 13.📒 One-time cost or running cost: sugar? (a) a running cost (b) a one-time cost
  14. 14.Which of these is a one-time cost? (a) a price board (b) tea leaves and milk (c) ice (d) lemons
  15. 15.Kabir’s stall budget is ₹620. A banner cost ₹30, napkins cost ₹120 and sugar cost ₹270. How many rupees of the budget are left?
  16. 16.Lakshmi has ₹170 to spend on rolls of ribbon. One roll of ribbon costs ₹8. What is the greatest number of rolls of ribbon Lakshmi can buy?
  17. 17.True or false: “lemons” is a one-time cost. (a) False (b) True
  18. 18.Joseph has a budget of ₹1000. The stock costs ₹90 and the stall fee is ₹950. Is the budget enough? (a) No (b) Yes
  19. 19.Ishaan’s stall budget is ₹570. Pots cost ₹160, seeds cost ₹230 and a banner cost ₹50. How many rupees of the budget are left?
  20. 20.Riya has a budget of ₹1000. The stock costs ₹310 and the stall fee is ₹660. Is the budget enough? (a) No (b) Yes
  21. 21.True or false: “paper cups” is a running cost. (a) True (b) False
  22. 22.Rohan plans to make 50 cupcakes. Each needs ₹7 of materials, and a banner costs ₹60 once. What total budget is needed (in ₹)?
  23. 23.Which of these is a running cost? (a) a juicer (b) a folding table (c) paper cups (d) a cloth banner
  24. 24.Which of these is a running cost? (a) a cash box (b) a price board (c) seeds and soil (d) a cloth banner
  25. 25.📒 One-time cost or running cost: card paper? (a) a one-time cost (b) a running cost
  26. 26.Gurpreet plans to make 18 friendship bands. Each needs ₹10 of materials, and a banner costs ₹250 once. What total budget is needed (in ₹)?
  27. 27.📒 One-time cost or running cost: a cash box? (a) a one-time cost (b) a running cost
  28. 28.📒 One-time cost or running cost: paper cups? (a) a running cost (b) a one-time cost
  29. 29.True or false: “a cooler box” is a one-time cost. (a) True (b) False
  30. 30.🔍 Which is the odd one out? (a) a cash box (b) a folding table (c) a cloth banner (d) paper cups
  31. 31.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost
  32. 32.True or false: “tea leaves and milk” is a running cost. (a) True (b) False
  33. 33.Diya’s stall budget is ₹430. A price board cost ₹110, paper cups cost ₹80 and napkins cost ₹80. How many rupees of the budget are left?
  34. 34.🔍 Which is the odd one out? (a) a price board (b) tea leaves and milk (c) a juicer (d) a cash box
  35. 35.Riya has ₹200 to spend on packets of seeds. One packet of seeds costs ₹5. What is the greatest number of packets of seeds Riya can buy?
  36. 36.True or false: “card paper” is a running cost. (a) True (b) False
  37. 37.Riya’s stall budget is ₹360. Napkins cost ₹170, sugar cost ₹90 and lemons cost ₹90. How many rupees of the budget are left?
  38. 38.Which of these is a one-time cost? (a) tea leaves and milk (b) seeds and soil (c) lemons (d) a folding table
  39. 39.Dev has ₹250 to spend on rolls of ribbon. One roll of ribbon costs ₹5. What is the greatest number of rolls of ribbon Dev can buy?
  40. 40.📒 One-time cost or running cost: seeds and soil? (a) a running cost (b) a one-time cost

Answer key

  1. a price board
  2. 265
  3. a cloth banner
  4. Yes
  5. 50
  6. a one-time cost
  7. lemons
  8. card paper
  9. False
  10. Yes
  11. 230
  12. sugar
  13. a running cost
  14. a price board
  15. 200
  16. 21
  17. False
  18. No
  19. 130
  20. Yes
  21. True
  22. 410
  23. paper cups
  24. seeds and soil
  25. a running cost
  26. 430
  27. a one-time cost
  28. a running cost
  29. True
  30. paper cups
  31. a one-time cost
  32. True
  33. 160
  34. tea leaves and milk
  35. 40
  36. True
  37. 10
  38. a folding table
  39. 50
  40. a running cost

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