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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 144 · 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.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost
  2. 2.Which of these is a running cost? (a) sugar (b) a cloth banner (c) a folding table (d) a cash box
  3. 3.True or false: “tea leaves and milk” is a running cost. (a) False (b) True
  4. 4.Dev plans to make 38 glasses of chai. Each needs ₹4 of materials, and a banner costs ₹280 once. What total budget is needed (in ₹)?
  5. 5.True or false: “a folding table” is a running cost. (a) False (b) True
  6. 6.True or false: “card paper” is a one-time cost. (a) True (b) False
  7. 7.Which of these is a one-time cost? (a) ice (b) seeds and soil (c) a folding table (d) lemons
  8. 8.Which of these is a running cost? (a) a folding table (b) a juicer (c) a cash box (d) paper cups
  9. 9.Ishaan has ₹80 to spend on packs of cups. One pack of cups costs ₹10. What is the greatest number of packs of cups Ishaan can buy?
  10. 10.True or false: “a juicer” is a running cost. (a) True (b) False
  11. 11.Gurpreet has ₹160 to spend on packets of seeds. One packet of seeds costs ₹20. What is the greatest number of packets of seeds Gurpreet can buy?
  12. 12.Arjun has a budget of ₹600. The stock costs ₹230 and the stall fee is ₹340. Is the budget enough? (a) Yes (b) No
  13. 13.Aarav’s stall budget is ₹470. Pots cost ₹20, seeds cost ₹270 and sugar cost ₹40. How many rupees of the budget are left?
  14. 14.Riya’s stall budget is ₹710. Sugar cost ₹130, lemons cost ₹230 and a banner cost ₹290. How many rupees of the budget are left?
  15. 15.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost
  16. 16.📒 One-time cost or running cost: sugar? (a) a one-time cost (b) a running cost
  17. 17.📒 One-time cost or running cost: tea leaves and milk? (a) a running cost (b) a one-time cost
  18. 18.🔍 Which is the odd one out? (a) a cooler box (b) a price board (c) seeds and soil (d) a juicer
  19. 19.True or false: “a price board” is a running cost. (a) True (b) False
  20. 20.Arjun has ₹480 to spend on packets of seeds. One packet of seeds costs ₹15. What is the greatest number of packets of seeds Arjun can buy?
  21. 21.🔍 Which is the odd one out? (a) ice (b) a folding table (c) card paper (d) lemons
  22. 22.Which of these is a one-time cost? (a) paper cups (b) seeds and soil (c) a cooler box (d) sugar
  23. 23.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  24. 24.🔍 Which is the odd one out? (a) ice (b) a cooler box (c) a cash box (d) a folding table
  25. 25.Dev has ₹340 to spend on rolls of ribbon. One roll of ribbon costs ₹4. What is the greatest number of rolls of ribbon Dev can buy?
  26. 26.Kabir’s stall budget is ₹520. Napkins cost ₹40, a banner cost ₹190 and seeds cost ₹170. How many rupees of the budget are left?
  27. 27.Dev has ₹60 to spend on packets of seeds. One packet of seeds costs ₹4. What is the greatest number of packets of seeds Dev can buy?
  28. 28.Which of these is a running cost? (a) tea leaves and milk (b) a cooler box (c) a price board (d) a folding table
  29. 29.Which of these is a one-time cost? (a) a cloth banner (b) ice (c) lemons (d) seeds and soil
  30. 30.Gurpreet has ₹50 to spend on sheets of card paper. One sheet of card paper costs ₹12. What is the greatest number of sheets of card paper Gurpreet can buy?
  31. 31.Diya’s stall budget is ₹510. Napkins cost ₹100, lemons cost ₹190 and paper cups cost ₹120. How many rupees of the budget are left?
  32. 32.True or false: “a cooler box” is a one-time cost. (a) False (b) True
  33. 33.Which of these is a running cost? (a) a juicer (b) a folding table (c) a price board (d) lemons
  34. 34.Lakshmi plans to make 15 handmade cards. Each needs ₹2 of materials, and a banner costs ₹130 once. What total budget is needed (in ₹)?
  35. 35.🔍 Which is the odd one out? (a) a price board (b) a folding table (c) card paper (d) a cooler box
  36. 36.Lakshmi has a budget of ₹800. The stock costs ₹130 and the stall fee is ₹720. Is the budget enough? (a) No (b) Yes
  37. 37.📒 One-time cost or running cost: card paper? (a) a one-time cost (b) a running cost
  38. 38.True or false: “a juicer” is a one-time cost. (a) False (b) True
  39. 39.True or false: “lemons” is a running cost. (a) True (b) False
  40. 40.Meera’s stall budget is ₹580. Sugar cost ₹230, lemons cost ₹40 and a banner cost ₹240. How many rupees of the budget are left?

Answer key

  1. a one-time cost
  2. sugar
  3. True
  4. 432
  5. False
  6. False
  7. a folding table
  8. paper cups
  9. 8
  10. False
  11. 8
  12. Yes
  13. 140
  14. 60
  15. a one-time cost
  16. a running cost
  17. a running cost
  18. seeds and soil
  19. False
  20. 32
  21. a folding table
  22. a cooler box
  23. a one-time cost
  24. ice
  25. 85
  26. 120
  27. 15
  28. tea leaves and milk
  29. a cloth banner
  30. 4
  31. 100
  32. True
  33. lemons
  34. 160
  35. card paper
  36. No
  37. a running cost
  38. True
  39. True
  40. 70

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