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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 156 · 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.True or false: “lemons” is a one-time cost. (a) True (b) False
  2. 2.Which of these is a one-time cost? (a) card paper (b) a price board (c) seeds and soil (d) tea leaves and milk
  3. 3.Dev’s stall budget is ₹840. A banner cost ₹260, card paper cost ₹90 and seeds cost ₹220. How many rupees of the budget are left?
  4. 4.🔍 Which is the odd one out? (a) a price board (b) sugar (c) a folding table (d) a cash box
  5. 5.Farhan has ₹470 to spend on rolls of ribbon. One roll of ribbon costs ₹20. What is the greatest number of rolls of ribbon Farhan can buy?
  6. 6.Which of these is a one-time cost? (a) seeds and soil (b) sugar (c) lemons (d) a folding table
  7. 7.Kabir’s stall budget is ₹420. A price board cost ₹50, pots cost ₹110 and seeds cost ₹250. How many rupees of the budget are left?
  8. 8.Tara has ₹320 to spend on packets of seeds. One packet of seeds costs ₹5. What is the greatest number of packets of seeds Tara can buy?
  9. 9.Ananya’s stall budget is ₹300. Ribbon cost ₹90, paper cups cost ₹30 and pots cost ₹110. How many rupees of the budget are left?
  10. 10.True or false: “tea leaves and milk” is a running cost. (a) True (b) False
  11. 11.Riya’s stall budget is ₹620. Pots cost ₹100, paper cups cost ₹20 and lemons cost ₹300. How many rupees of the budget are left?
  12. 12.🔍 Which is the odd one out? (a) a cooler box (b) ice (c) seeds and soil (d) tea leaves and milk
  13. 13.Nisha has ₹220 to spend on packs of cups. One pack of cups costs ₹4. What is the greatest number of packs of cups Nisha can buy?
  14. 14.📒 One-time cost or running cost: ice? (a) a running cost (b) a one-time cost
  15. 15.Tara plans to make 28 glasses of chai. Each needs ₹8 of materials, and a banner costs ₹110 once. What total budget is needed (in ₹)?
  16. 16.Nisha plans to make 49 fruit cups. Each needs ₹10 of materials, and a banner costs ₹200 once. What total budget is needed (in ₹)?
  17. 17.Kabir has ₹440 to spend on lemons. One lemon costs ₹8. What is the greatest number of lemons Kabir can buy?
  18. 18.Kavya has a budget of ₹300. The stock costs ₹120 and the stall fee is ₹190. Is the budget enough? (a) Yes (b) No
  19. 19.🔍 Which is the odd one out? (a) a cooler box (b) a cloth banner (c) a cash box (d) card paper
  20. 20.📒 One-time cost or running cost: tea leaves and milk? (a) a running cost (b) a one-time cost
  21. 21.True or false: “a cloth banner” is a running cost. (a) True (b) False
  22. 22.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
  23. 23.📒 One-time cost or running cost: lemons? (a) a one-time cost (b) a running cost
  24. 24.🔍 Which is the odd one out? (a) a cloth banner (b) a price board (c) a cash box (d) seeds and soil
  25. 25.True or false: “a cash box” is a running cost. (a) False (b) True
  26. 26.Kabir plans to make 10 friendship bands. Each needs ₹5 of materials, and a banner costs ₹70 once. What total budget is needed (in ₹)?
  27. 27.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  28. 28.Gurpreet’s stall budget is ₹660. Sugar cost ₹260, pots cost ₹190 and paper cups cost ₹60. How many rupees of the budget are left?
  29. 29.Vihaan has a budget of ₹300. The stock costs ₹70 and the stall fee is ₹180. Is the budget enough? (a) No (b) Yes
  30. 30.📒 One-time cost or running cost: a cash box? (a) a one-time cost (b) a running cost
  31. 31.🔍 Which is the odd one out? (a) a juicer (b) a cash box (c) tea leaves and milk (d) a price board
  32. 32.Arjun’s stall budget is ₹570. A banner cost ₹240, napkins cost ₹30 and a price board cost ₹240. How many rupees of the budget are left?
  33. 33.Rohan has a budget of ₹500. The stock costs ₹90 and the stall fee is ₹450. Is the budget enough? (a) Yes (b) No
  34. 34.Which of these is a one-time cost? (a) card paper (b) tea leaves and milk (c) a cooler box (d) ice
  35. 35.🔍 Which is the odd one out? (a) lemons (b) paper cups (c) a cloth banner (d) seeds and soil
  36. 36.True or false: “sugar” is a one-time cost. (a) True (b) False
  37. 37.Zoya has ₹300 to spend on sheets of card paper. One sheet of card paper costs ₹8. What is the greatest number of sheets of card paper Zoya can buy?
  38. 38.True or false: “ice” is a running cost. (a) True (b) False
  39. 39.Ananya has ₹390 to spend on sheets of card paper. One sheet of card paper costs ₹4. What is the greatest number of sheets of card paper Ananya can buy?
  40. 40.Nisha has ₹50 to spend on sheets of card paper. One sheet of card paper costs ₹4. What is the greatest number of sheets of card paper Nisha can buy?

Answer key

  1. False
  2. a price board
  3. 270
  4. sugar
  5. 23
  6. a folding table
  7. 10
  8. 64
  9. 70
  10. True
  11. 200
  12. a cooler box
  13. 55
  14. a running cost
  15. 334
  16. 690
  17. 55
  18. No
  19. card paper
  20. a running cost
  21. False
  22. a one-time cost
  23. a running cost
  24. seeds and soil
  25. False
  26. 120
  27. a one-time cost
  28. 150
  29. Yes
  30. a one-time cost
  31. tea leaves and milk
  32. 60
  33. No
  34. a cooler box
  35. a cloth banner
  36. False
  37. 37
  38. True
  39. 97
  40. 12

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