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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 244 · 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.Which of these is a running cost? (a) sugar (b) a cooler box (c) a price board (d) a folding table
  2. 2.Which of these is a one-time cost? (a) seeds and soil (b) a price board (c) sugar (d) paper cups
  3. 3.Joseph’s stall budget is ₹420. A price board cost ₹150, sugar cost ₹20 and a banner cost ₹80. How many rupees of the budget are left?
  4. 4.📒 One-time cost or running cost: paper cups? (a) a one-time cost (b) a running cost
  5. 5.Kabir’s stall budget is ₹620. Sugar cost ₹90, ribbon cost ₹220 and napkins cost ₹80. How many rupees of the budget are left?
  6. 6.📒 One-time cost or running cost: seeds and soil? (a) a running cost (b) a one-time cost
  7. 7.Which of these is a one-time cost? (a) card paper (b) lemons (c) ice (d) a folding table
  8. 8.True or false: “a cloth banner” is a running cost. (a) True (b) False
  9. 9.Gurpreet’s stall budget is ₹730. Lemons cost ₹230, pots cost ₹190 and a price board cost ₹90. How many rupees of the budget are left?
  10. 10.Which of these is a one-time cost? (a) tea leaves and milk (b) seeds and soil (c) a cloth banner (d) ice
  11. 11.🔍 Which is the odd one out? (a) a folding table (b) a cloth banner (c) a price board (d) tea leaves and milk
  12. 12.🔍 Which is the odd one out? (a) a cooler box (b) a cash box (c) a juicer (d) paper cups
  13. 13.🔍 Which is the odd one out? (a) a cloth banner (b) a juicer (c) a cooler box (d) seeds and soil
  14. 14.📒 One-time cost or running cost: sugar? (a) a one-time cost (b) a running cost
  15. 15.Farhan has ₹290 to spend on sheets of card paper. One sheet of card paper costs ₹20. What is the greatest number of sheets of card paper Farhan can buy?
  16. 16.True or false: “a cooler box” is a one-time cost. (a) False (b) True
  17. 17.Ishaan has ₹130 to spend on lemons. One lemon costs ₹15. What is the greatest number of lemons Ishaan can buy?
  18. 18.Saanvi has ₹50 to spend on packets of seeds. One packet of seeds costs ₹15. What is the greatest number of packets of seeds Saanvi can buy?
  19. 19.📒 One-time cost or running cost: lemons? (a) a one-time cost (b) a running cost
  20. 20.🔍 Which is the odd one out? (a) lemons (b) paper cups (c) card paper (d) a cooler box
  21. 21.📒 One-time cost or running cost: a cash box? (a) a one-time cost (b) a running cost
  22. 22.Vihaan’s stall budget is ₹440. Napkins cost ₹20, pots cost ₹80 and lemons cost ₹70. How many rupees of the budget are left?
  23. 23.Saanvi’s stall budget is ₹400. Ribbon cost ₹200, card paper cost ₹150 and napkins cost ₹40. How many rupees of the budget are left?
  24. 24.Which of these is a running cost? (a) a cooler box (b) a cash box (c) a cloth banner (d) ice
  25. 25.Vihaan plans to make 50 clay diyas. Each needs ₹2 of materials, and a banner costs ₹180 once. What total budget is needed (in ₹)?
  26. 26.Vihaan’s stall budget is ₹750. Pots cost ₹300, lemons cost ₹220 and paper cups cost ₹200. How many rupees of the budget are left?
  27. 27.Which of these is a one-time cost? (a) seeds and soil (b) a juicer (c) sugar (d) tea leaves and milk
  28. 28.Which of these is a one-time cost? (a) seeds and soil (b) card paper (c) paper cups (d) a cooler box
  29. 29.Which of these is a running cost? (a) a cloth banner (b) a price board (c) card paper (d) a folding table
  30. 30.Which of these is a running cost? (a) a price board (b) tea leaves and milk (c) a folding table (d) a cooler box
  31. 31.True or false: “lemons” is a running cost. (a) False (b) True
  32. 32.Saanvi’s stall budget is ₹560. Ribbon cost ₹160, lemons cost ₹270 and a banner cost ₹20. How many rupees of the budget are left?
  33. 33.Rohan’s stall budget is ₹460. A price board cost ₹80, paper cups cost ₹150 and napkins cost ₹80. How many rupees of the budget are left?
  34. 34.Dev has ₹230 to spend on packs of cups. One pack of cups costs ₹12. What is the greatest number of packs of cups Dev can buy?
  35. 35.True or false: “tea leaves and milk” is a running cost. (a) True (b) False
  36. 36.Aarav’s stall budget is ₹460. Seeds cost ₹120, ribbon cost ₹110 and paper cups cost ₹100. How many rupees of the budget are left?
  37. 37.Nisha’s stall budget is ₹930. Paper cups cost ₹290, pots cost ₹260 and card paper cost ₹140. How many rupees of the budget are left?
  38. 38.Meera’s stall budget is ₹340. Napkins cost ₹30, seeds cost ₹140 and lemons cost ₹50. How many rupees of the budget are left?
  39. 39.Vihaan plans to make 23 clay diyas. Each needs ₹8 of materials, and a banner costs ₹300 once. What total budget is needed (in ₹)?
  40. 40.Meera has ₹430 to spend on packets of seeds. One packet of seeds costs ₹20. What is the greatest number of packets of seeds Meera can buy?

Answer key

  1. sugar
  2. a price board
  3. 170
  4. a running cost
  5. 230
  6. a running cost
  7. a folding table
  8. False
  9. 220
  10. a cloth banner
  11. tea leaves and milk
  12. paper cups
  13. seeds and soil
  14. a running cost
  15. 14
  16. True
  17. 8
  18. 3
  19. a running cost
  20. a cooler box
  21. a one-time cost
  22. 270
  23. 10
  24. ice
  25. 280
  26. 30
  27. a juicer
  28. a cooler box
  29. card paper
  30. tea leaves and milk
  31. True
  32. 110
  33. 150
  34. 19
  35. True
  36. 130
  37. 240
  38. 120
  39. 484
  40. 21

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