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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 172 · 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: “a juicer” is a one-time cost. (a) False (b) True
  2. 2.📒 One-time cost or running cost: paper cups? (a) a running cost (b) a one-time cost
  3. 3.Dev has a budget of ₹800. The stock costs ₹400 and the stall fee is ₹370. Is the budget enough? (a) No (b) Yes
  4. 4.True or false: “lemons” is a one-time cost. (a) False (b) True
  5. 5.📒 One-time cost or running cost: seeds and soil? (a) a running cost (b) a one-time cost
  6. 6.Farhan has ₹80 to spend on sheets of card paper. One sheet of card paper costs ₹8. What is the greatest number of sheets of card paper Farhan can buy?
  7. 7.Kabir plans to make 19 painted pebbles. Each needs ₹9 of materials, and a banner costs ₹150 once. What total budget is needed (in ₹)?
  8. 8.Arjun has a budget of ₹900. The stock costs ₹150 and the stall fee is ₹730. Is the budget enough? (a) No (b) Yes
  9. 9.Which of these is a one-time cost? (a) lemons (b) sugar (c) a juicer (d) paper cups
  10. 10.Aarav has ₹250 to spend on packets of seeds. One packet of seeds costs ₹12. What is the greatest number of packets of seeds Aarav can buy?
  11. 11.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost
  12. 12.Tara’s stall budget is ₹390. Lemons cost ₹20, a price board cost ₹150 and a banner cost ₹100. How many rupees of the budget are left?
  13. 13.Meera has ₹350 to spend on rolls of ribbon. One roll of ribbon costs ₹8. What is the greatest number of rolls of ribbon Meera can buy?
  14. 14.Which of these is a running cost? (a) a juicer (b) a cash box (c) tea leaves and milk (d) a folding table
  15. 15.Which of these is a running cost? (a) lemons (b) a cloth banner (c) a cooler box (d) a cash box
  16. 16.True or false: “tea leaves and milk” is a running cost. (a) False (b) True
  17. 17.🔍 Which is the odd one out? (a) tea leaves and milk (b) a folding table (c) paper cups (d) lemons
  18. 18.🔍 Which is the odd one out? (a) a folding table (b) a juicer (c) a cooler box (d) sugar
  19. 19.Lakshmi plans to make 47 friendship bands. Each needs ₹3 of materials, and a banner costs ₹260 once. What total budget is needed (in ₹)?
  20. 20.True or false: “a price board” is a running cost. (a) False (b) True
  21. 21.Arjun plans to make 32 fruit cups. Each needs ₹3 of materials, and a banner costs ₹240 once. What total budget is needed (in ₹)?
  22. 22.Which of these is a one-time cost? (a) seeds and soil (b) lemons (c) paper cups (d) a cloth banner
  23. 23.Aarav’s stall budget is ₹580. Seeds cost ₹90, sugar cost ₹50 and ribbon cost ₹290. How many rupees of the budget are left?
  24. 24.True or false: “sugar” is a running cost. (a) False (b) True
  25. 25.Arjun has a budget of ₹800. The stock costs ₹140 and the stall fee is ₹620. Is the budget enough? (a) No (b) Yes
  26. 26.True or false: “tea leaves and milk” is a one-time cost. (a) False (b) True
  27. 27.Which of these is a one-time cost? (a) a cooler box (b) lemons (c) tea leaves and milk (d) seeds and soil
  28. 28.Meera has ₹370 to spend on rolls of ribbon. One roll of ribbon costs ₹15. What is the greatest number of rolls of ribbon Meera can buy?
  29. 29.Joseph’s stall budget is ₹780. A banner cost ₹230, pots cost ₹240 and a price board cost ₹110. How many rupees of the budget are left?
  30. 30.True or false: “paper cups” is a one-time cost. (a) False (b) True
  31. 31.Rohan’s stall budget is ₹520. A banner cost ₹20, pots cost ₹270 and paper cups cost ₹110. How many rupees of the budget are left?
  32. 32.🔍 Which is the odd one out? (a) a cooler box (b) lemons (c) a cloth banner (d) a cash box
  33. 33.Ananya’s stall budget is ₹610. A price board cost ₹50, paper cups cost ₹180 and napkins cost ₹140. How many rupees of the budget are left?
  34. 34.Aarav’s stall budget is ₹540. Paper cups cost ₹70, pots cost ₹120 and sugar cost ₹200. How many rupees of the budget are left?
  35. 35.🔍 Which is the odd one out? (a) sugar (b) paper cups (c) ice (d) a cloth banner
  36. 36.🔍 Which is the odd one out? (a) a cooler box (b) tea leaves and milk (c) card paper (d) lemons
  37. 37.📒 One-time cost or running cost: a cooler box? (a) a one-time cost (b) a running cost
  38. 38.True or false: “a cooler box” is a running cost. (a) False (b) True
  39. 39.Gurpreet has ₹380 to spend on packets of seeds. One packet of seeds costs ₹6. What is the greatest number of packets of seeds Gurpreet can buy?
  40. 40.Arjun’s stall budget is ₹370. A banner cost ₹130, seeds cost ₹100 and a price board cost ₹110. How many rupees of the budget are left?

Answer key

  1. True
  2. a running cost
  3. Yes
  4. False
  5. a running cost
  6. 10
  7. 321
  8. Yes
  9. a juicer
  10. 20
  11. a one-time cost
  12. 120
  13. 43
  14. tea leaves and milk
  15. lemons
  16. True
  17. a folding table
  18. sugar
  19. 401
  20. False
  21. 336
  22. a cloth banner
  23. 150
  24. True
  25. Yes
  26. False
  27. a cooler box
  28. 24
  29. 200
  30. False
  31. 120
  32. lemons
  33. 240
  34. 150
  35. a cloth banner
  36. a cooler box
  37. a one-time cost
  38. False
  39. 63
  40. 30

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