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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 221 · 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 folding table? (a) a one-time cost (b) a running cost
  2. 2.Rohan’s stall budget is ₹480. Lemons cost ₹100, card paper cost ₹170 and sugar cost ₹130. How many rupees of the budget are left?
  3. 3.📒 One-time cost or running cost: lemons? (a) a running cost (b) a one-time cost
  4. 4.Riya has ₹140 to spend on rolls of ribbon. One roll of ribbon costs ₹12. What is the greatest number of rolls of ribbon Riya can buy?
  5. 5.Which of these is a one-time cost? (a) paper cups (b) a juicer (c) tea leaves and milk (d) lemons
  6. 6.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost
  7. 7.True or false: “a cooler box” is a one-time cost. (a) False (b) True
  8. 8.Arjun plans to make 45 bags of popcorn. Each needs ₹2 of materials, and a banner costs ₹300 once. What total budget is needed (in ₹)?
  9. 9.Meera has ₹410 to spend on lemons. One lemon costs ₹10. What is the greatest number of lemons Meera can buy?
  10. 10.True or false: “ice” is a running cost. (a) False (b) True
  11. 11.🔍 Which is the odd one out? (a) card paper (b) tea leaves and milk (c) paper cups (d) a folding table
  12. 12.📒 One-time cost or running cost: tea leaves and milk? (a) a running cost (b) a one-time cost
  13. 13.True or false: “ice” is a one-time cost. (a) False (b) True
  14. 14.Arjun’s stall budget is ₹910. Sugar cost ₹80, napkins cost ₹230 and pots cost ₹300. How many rupees of the budget are left?
  15. 15.Aarav’s stall budget is ₹900. Sugar cost ₹280, a banner cost ₹110 and paper cups cost ₹210. How many rupees of the budget are left?
  16. 16.🔍 Which is the odd one out? (a) a price board (b) a juicer (c) a cloth banner (d) sugar
  17. 17.True or false: “a juicer” is a one-time cost. (a) True (b) False
  18. 18.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
  19. 19.Vihaan’s stall budget is ₹630. Paper cups cost ₹190, seeds cost ₹60 and a banner cost ₹100. How many rupees of the budget are left?
  20. 20.Zoya’s stall budget is ₹260. Napkins cost ₹50, a banner cost ₹90 and paper cups cost ₹40. How many rupees of the budget are left?
  21. 21.Kabir’s stall budget is ₹970. A price board cost ₹280, a banner cost ₹120 and seeds cost ₹300. How many rupees of the budget are left?
  22. 22.📒 One-time cost or running cost: a cash box? (a) a one-time cost (b) a running cost
  23. 23.Which of these is a one-time cost? (a) paper cups (b) tea leaves and milk (c) card paper (d) a cloth banner
  24. 24.📒 One-time cost or running cost: paper cups? (a) a running cost (b) a one-time cost
  25. 25.Which of these is a running cost? (a) ice (b) a price board (c) a cash box (d) a cloth banner
  26. 26.Which of these is a running cost? (a) a price board (b) a juicer (c) lemons (d) a cooler box
  27. 27.🔍 Which is the odd one out? (a) a price board (b) paper cups (c) a folding table (d) a cash box
  28. 28.Lakshmi has ₹450 to spend on packets of seeds. One packet of seeds costs ₹12. What is the greatest number of packets of seeds Lakshmi can buy?
  29. 29.Which of these is a one-time cost? (a) lemons (b) seeds and soil (c) tea leaves and milk (d) a cash box
  30. 30.True or false: “tea leaves and milk” is a running cost. (a) True (b) False
  31. 31.True or false: “a juicer” is a running cost. (a) True (b) False
  32. 32.🔍 Which is the odd one out? (a) sugar (b) a cooler box (c) paper cups (d) card paper
  33. 33.Joseph has a budget of ₹700. The stock costs ₹200 and the stall fee is ₹470. Is the budget enough? (a) No (b) Yes
  34. 34.Aarav has a budget of ₹800. The stock costs ₹400 and the stall fee is ₹400. Is the budget enough? (a) Yes (b) No
  35. 35.True or false: “a cash box” is a one-time cost. (a) False (b) True
  36. 36.🔍 Which is the odd one out? (a) ice (b) seeds and soil (c) lemons (d) a cash box
  37. 37.📒 One-time cost or running cost: a cloth banner? (a) a one-time cost (b) a running cost
  38. 38.True or false: “a price board” is a running cost. (a) True (b) False
  39. 39.Aarav’s stall budget is ₹570. Ribbon cost ₹180, lemons cost ₹50 and a banner cost ₹250. How many rupees of the budget are left?
  40. 40.Gurpreet plans to make 44 friendship bands. Each needs ₹5 of materials, and a banner costs ₹110 once. What total budget is needed (in ₹)?

Answer key

  1. a one-time cost
  2. 80
  3. a running cost
  4. 11
  5. a juicer
  6. a one-time cost
  7. True
  8. 390
  9. 41
  10. True
  11. a folding table
  12. a running cost
  13. False
  14. 300
  15. 300
  16. sugar
  17. True
  18. a one-time cost
  19. 280
  20. 80
  21. 270
  22. a one-time cost
  23. a cloth banner
  24. a running cost
  25. ice
  26. lemons
  27. paper cups
  28. 37
  29. a cash box
  30. True
  31. False
  32. a cooler box
  33. Yes
  34. Yes
  35. True
  36. a cash box
  37. a one-time cost
  38. False
  39. 90
  40. 330

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