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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 2 · 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.Diya has ₹130 to spend on sheets of card paper. One sheet of card paper costs ₹12. What is the greatest number of sheets of card paper Diya can buy?
  2. 2.📒 One-time cost or running cost: lemons? (a) a running cost (b) a one-time cost
  3. 3.🔍 Which is the odd one out? (a) a folding table (b) a cooler box (c) a cash box (d) tea leaves and milk
  4. 4.Aarav plans to make 13 friendship bands. Each needs ₹3 of materials, and a banner costs ₹160 once. What total budget is needed (in ₹)?
  5. 5.Which of these is a running cost? (a) lemons (b) a price board (c) a folding table (d) a cooler box
  6. 6.Arjun’s stall budget is ₹530. A banner cost ₹240, ribbon cost ₹30 and card paper cost ₹240. How many rupees of the budget are left?
  7. 7.Farhan’s stall budget is ₹720. Sugar cost ₹300, seeds cost ₹150 and a banner cost ₹220. How many rupees of the budget are left?
  8. 8.Ananya has ₹200 to spend on packets of seeds. One packet of seeds costs ₹4. What is the greatest number of packets of seeds Ananya can buy?
  9. 9.True or false: “tea leaves and milk” is a running cost. (a) False (b) True
  10. 10.Lakshmi has a budget of ₹300. The stock costs ₹150 and the stall fee is ₹130. Is the budget enough? (a) No (b) Yes
  11. 11.Which of these is a one-time cost? (a) tea leaves and milk (b) ice (c) lemons (d) a folding table
  12. 12.Riya has ₹360 to spend on sheets of card paper. One sheet of card paper costs ₹15. What is the greatest number of sheets of card paper Riya can buy?
  13. 13.True or false: “a cash box” is a running cost. (a) True (b) False
  14. 14.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
  15. 15.True or false: “a price board” is a running cost. (a) False (b) True
  16. 16.True or false: “a folding table” is a running cost. (a) True (b) False
  17. 17.Rohan has a budget of ₹1000. The stock costs ₹210 and the stall fee is ₹750. Is the budget enough? (a) No (b) Yes
  18. 18.Which of these is a running cost? (a) a folding table (b) a cash box (c) sugar (d) a cloth banner
  19. 19.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost
  20. 20.🔍 Which is the odd one out? (a) paper cups (b) a cooler box (c) a folding table (d) a cloth banner
  21. 21.Which of these is a one-time cost? (a) seeds and soil (b) tea leaves and milk (c) a cloth banner (d) card paper
  22. 22.🔍 Which is the odd one out? (a) sugar (b) a price board (c) a cash box (d) a juicer
  23. 23.Arjun’s stall budget is ₹580. Napkins cost ₹110, a banner cost ₹50 and card paper cost ₹120. How many rupees of the budget are left?
  24. 24.Which of these is a one-time cost? (a) tea leaves and milk (b) paper cups (c) a cooler box (d) ice
  25. 25.True or false: “a cloth banner” is a one-time cost. (a) False (b) True
  26. 26.🔍 Which is the odd one out? (a) a juicer (b) a cooler box (c) a cloth banner (d) ice
  27. 27.Diya has ₹50 to spend on lemons. One lemon costs ₹20. What is the greatest number of lemons Diya can buy?
  28. 28.Rohan plans to make 45 potted plants. Each needs ₹3 of materials, and a banner costs ₹250 once. What total budget is needed (in ₹)?
  29. 29.Joseph has ₹360 to spend on sheets of card paper. One sheet of card paper costs ₹8. What is the greatest number of sheets of card paper Joseph can buy?
  30. 30.Kabir plans to make 30 bags of popcorn. Each needs ₹4 of materials, and a banner costs ₹90 once. What total budget is needed (in ₹)?
  31. 31.🔍 Which is the odd one out? (a) a cash box (b) seeds and soil (c) a cooler box (d) a cloth banner
  32. 32.🔍 Which is the odd one out? (a) ice (b) a folding table (c) tea leaves and milk (d) paper cups
  33. 33.True or false: “a juicer” is a running cost. (a) False (b) True
  34. 34.Riya’s stall budget is ₹440. Paper cups cost ₹180, lemons cost ₹60 and a price board cost ₹20. How many rupees of the budget are left?
  35. 35.🔍 Which is the odd one out? (a) seeds and soil (b) paper cups (c) lemons (d) a juicer
  36. 36.📒 One-time cost or running cost: paper cups? (a) a one-time cost (b) a running cost
  37. 37.🔍 Which is the odd one out? (a) lemons (b) a cooler box (c) a folding table (d) a cloth banner
  38. 38.Which of these is a one-time cost? (a) a juicer (b) ice (c) paper cups (d) seeds and soil
  39. 39.Dev has ₹370 to spend on packets of seeds. One packet of seeds costs ₹4. What is the greatest number of packets of seeds Dev can buy?
  40. 40.Rohan’s stall budget is ₹730. Sugar cost ₹60, napkins cost ₹270 and lemons cost ₹190. How many rupees of the budget are left?

Answer key

  1. 10
  2. a running cost
  3. tea leaves and milk
  4. 199
  5. lemons
  6. 20
  7. 50
  8. 50
  9. True
  10. Yes
  11. a folding table
  12. 24
  13. False
  14. a one-time cost
  15. False
  16. False
  17. Yes
  18. sugar
  19. a one-time cost
  20. paper cups
  21. a cloth banner
  22. sugar
  23. 300
  24. a cooler box
  25. True
  26. ice
  27. 2
  28. 385
  29. 45
  30. 210
  31. seeds and soil
  32. a folding table
  33. False
  34. 180
  35. a juicer
  36. a running cost
  37. lemons
  38. a juicer
  39. 92
  40. 210

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