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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 243 · 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: “seeds and soil” is a one-time cost. (a) True (b) False
  2. 2.Tara’s stall budget is ₹470. A price board cost ₹170, paper cups cost ₹90 and seeds cost ₹180. How many rupees of the budget are left?
  3. 3.True or false: “a cloth banner” is a one-time cost. (a) True (b) False
  4. 4.Aarav has ₹490 to spend on sheets of card paper. One sheet of card paper costs ₹20. What is the greatest number of sheets of card paper Aarav can buy?
  5. 5.🔍 Which is the odd one out? (a) seeds and soil (b) a folding table (c) lemons (d) sugar
  6. 6.True or false: “ice” is a running cost. (a) False (b) True
  7. 7.Aarav has ₹140 to spend on rolls of ribbon. One roll of ribbon costs ₹4. What is the greatest number of rolls of ribbon Aarav can buy?
  8. 8.📒 One-time cost or running cost: seeds and soil? (a) a one-time cost (b) a running cost
  9. 9.Which of these is a one-time cost? (a) lemons (b) card paper (c) sugar (d) a price board
  10. 10.Which of these is a one-time cost? (a) a cloth banner (b) seeds and soil (c) sugar (d) lemons
  11. 11.Aarav has a budget of ₹900. The stock costs ₹130 and the stall fee is ₹720. Is the budget enough? (a) No (b) Yes
  12. 12.Which of these is a running cost? (a) a cloth banner (b) a cooler box (c) a price board (d) lemons
  13. 13.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
  14. 14.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  15. 15.Tara plans to make 36 paper bookmarks. Each needs ₹8 of materials, and a banner costs ₹280 once. What total budget is needed (in ₹)?
  16. 16.Riya’s stall budget is ₹860. Lemons cost ₹240, seeds cost ₹220 and a price board cost ₹140. How many rupees of the budget are left?
  17. 17.Farhan plans to make 29 potted plants. Each needs ₹5 of materials, and a banner costs ₹70 once. What total budget is needed (in ₹)?
  18. 18.Joseph has ₹120 to spend on packets of seeds. One packet of seeds costs ₹6. What is the greatest number of packets of seeds Joseph can buy?
  19. 19.Diya’s stall budget is ₹500. Card paper cost ₹100, lemons cost ₹290 and paper cups cost ₹60. How many rupees of the budget are left?
  20. 20.Ishaan has ₹490 to spend on packs of cups. One pack of cups costs ₹6. What is the greatest number of packs of cups Ishaan can buy?
  21. 21.Lakshmi plans to make 15 friendship bands. Each needs ₹5 of materials, and a banner costs ₹130 once. What total budget is needed (in ₹)?
  22. 22.Joseph’s stall budget is ₹710. Card paper cost ₹150, a price board cost ₹110 and seeds cost ₹200. How many rupees of the budget are left?
  23. 23.Farhan has ₹440 to spend on packets of seeds. One packet of seeds costs ₹5. What is the greatest number of packets of seeds Farhan can buy?
  24. 24.🔍 Which is the odd one out? (a) a cloth banner (b) a cash box (c) a folding table (d) sugar
  25. 25.True or false: “ice” is a one-time cost. (a) True (b) False
  26. 26.Lakshmi has ₹170 to spend on sheets of card paper. One sheet of card paper costs ₹15. What is the greatest number of sheets of card paper Lakshmi can buy?
  27. 27.Saanvi has ₹130 to spend on lemons. One lemon costs ₹20. What is the greatest number of lemons Saanvi can buy?
  28. 28.🔍 Which is the odd one out? (a) tea leaves and milk (b) ice (c) sugar (d) a cooler box
  29. 29.📒 One-time cost or running cost: paper cups? (a) a running cost (b) a one-time cost
  30. 30.Zoya has ₹470 to spend on sheets of card paper. One sheet of card paper costs ₹20. What is the greatest number of sheets of card paper Zoya can buy?
  31. 31.Aarav has ₹280 to spend on lemons. One lemon costs ₹5. What is the greatest number of lemons Aarav can buy?
  32. 32.Gurpreet has ₹120 to spend on packs of cups. One pack of cups costs ₹8. What is the greatest number of packs of cups Gurpreet can buy?
  33. 33.Farhan has ₹390 to spend on sheets of card paper. One sheet of card paper costs ₹12. What is the greatest number of sheets of card paper Farhan can buy?
  34. 34.🔍 Which is the odd one out? (a) a cash box (b) a folding table (c) a cloth banner (d) seeds and soil
  35. 35.Which of these is a running cost? (a) a juicer (b) a folding table (c) seeds and soil (d) a cloth banner
  36. 36.Ananya’s stall budget is ₹310. Seeds cost ₹30, ribbon cost ₹200 and paper cups cost ₹20. How many rupees of the budget are left?
  37. 37.Which of these is a one-time cost? (a) tea leaves and milk (b) lemons (c) a cash box (d) card paper
  38. 38.Diya has a budget of ₹300. The stock costs ₹130 and the stall fee is ₹190. Is the budget enough? (a) No (b) Yes
  39. 39.True or false: “paper cups” is a one-time cost. (a) True (b) False
  40. 40.True or false: “card paper” is a running cost. (a) True (b) False

Answer key

  1. False
  2. 30
  3. True
  4. 24
  5. a folding table
  6. True
  7. 35
  8. a running cost
  9. a price board
  10. a cloth banner
  11. Yes
  12. lemons
  13. a running cost
  14. a one-time cost
  15. 568
  16. 260
  17. 215
  18. 20
  19. 50
  20. 81
  21. 205
  22. 250
  23. 88
  24. sugar
  25. False
  26. 11
  27. 6
  28. a cooler box
  29. a running cost
  30. 23
  31. 56
  32. 15
  33. 32
  34. seeds and soil
  35. seeds and soil
  36. 60
  37. a cash box
  38. No
  39. False
  40. True

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