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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 259 · 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) a juicer (b) ice (c) a folding table (d) a cooler box
  2. 2.Which of these is a one-time cost? (a) lemons (b) paper cups (c) seeds and soil (d) a folding table
  3. 3.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  4. 4.Riya has a budget of ₹600. The stock costs ₹230 and the stall fee is ₹330. Is the budget enough? (a) No (b) Yes
  5. 5.Zoya’s stall budget is ₹680. Lemons cost ₹120, sugar cost ₹30 and a banner cost ₹280. How many rupees of the budget are left?
  6. 6.Rohan’s stall budget is ₹510. Paper cups cost ₹140, seeds cost ₹70 and card paper cost ₹90. How many rupees of the budget are left?
  7. 7.True or false: “a cash box” is a running cost. (a) True (b) False
  8. 8.📒 One-time cost or running cost: paper cups? (a) a one-time cost (b) a running cost
  9. 9.📒 One-time cost or running cost: seeds and soil? (a) a one-time cost (b) a running cost
  10. 10.Rohan has ₹140 to spend on rolls of ribbon. One roll of ribbon costs ₹10. What is the greatest number of rolls of ribbon Rohan can buy?
  11. 11.Which of these is a running cost? (a) a cooler box (b) card paper (c) a cash box (d) a cloth banner
  12. 12.Dev’s stall budget is ₹220. Ribbon cost ₹40, a price board cost ₹20 and lemons cost ₹50. How many rupees of the budget are left?
  13. 13.Farhan has ₹70 to spend on rolls of ribbon. One roll of ribbon costs ₹20. What is the greatest number of rolls of ribbon Farhan can buy?
  14. 14.🔍 Which is the odd one out? (a) a cloth banner (b) a juicer (c) a folding table (d) lemons
  15. 15.🔍 Which is the odd one out? (a) seeds and soil (b) sugar (c) lemons (d) a folding table
  16. 16.True or false: “paper cups” is a one-time cost. (a) False (b) True
  17. 17.True or false: “a cooler box” is a running cost. (a) False (b) True
  18. 18.Nisha plans to make 20 friendship bands. Each needs ₹10 of materials, and a banner costs ₹210 once. What total budget is needed (in ₹)?
  19. 19.Kavya’s stall budget is ₹400. Ribbon cost ₹120, napkins cost ₹100 and seeds cost ₹120. How many rupees of the budget are left?
  20. 20.Which of these is a one-time cost? (a) tea leaves and milk (b) a price board (c) sugar (d) card paper
  21. 21.📒 One-time cost or running cost: lemons? (a) a one-time cost (b) a running cost
  22. 22.Tara has a budget of ₹300. The stock costs ₹60 and the stall fee is ₹220. Is the budget enough? (a) Yes (b) No
  23. 23.🔍 Which is the odd one out? (a) a cloth banner (b) a cash box (c) paper cups (d) a cooler box
  24. 24.Rohan’s stall budget is ₹660. A price board cost ₹160, pots cost ₹300 and seeds cost ₹90. How many rupees of the budget are left?
  25. 25.📒 One-time cost or running cost: ice? (a) a one-time cost (b) a running cost
  26. 26.Saanvi has a budget of ₹700. The stock costs ₹140 and the stall fee is ₹590. Is the budget enough? (a) No (b) Yes
  27. 27.Lakshmi has ₹190 to spend on packets of seeds. One packet of seeds costs ₹8. What is the greatest number of packets of seeds Lakshmi can buy?
  28. 28.True or false: “a folding table” is a running cost. (a) False (b) True
  29. 29.Saanvi plans to make 11 bags of popcorn. Each needs ₹6 of materials, and a banner costs ₹130 once. What total budget is needed (in ₹)?
  30. 30.📒 One-time cost or running cost: a cooler box? (a) a one-time cost (b) a running cost
  31. 31.📒 One-time cost or running cost: card paper? (a) a one-time cost (b) a running cost
  32. 32.Arjun has a budget of ₹900. The stock costs ₹240 and the stall fee is ₹670. Is the budget enough? (a) Yes (b) No
  33. 33.📒 One-time cost or running cost: sugar? (a) a one-time cost (b) a running cost
  34. 34.Which of these is a one-time cost? (a) paper cups (b) a cooler box (c) ice (d) card paper
  35. 35.True or false: “sugar” is a one-time cost. (a) True (b) False
  36. 36.True or false: “card paper” is a one-time cost. (a) False (b) True
  37. 37.Meera plans to make 10 friendship bands. Each needs ₹5 of materials, and a banner costs ₹180 once. What total budget is needed (in ₹)?
  38. 38.🔍 Which is the odd one out? (a) seeds and soil (b) sugar (c) paper cups (d) a cooler box
  39. 39.Ishaan’s stall budget is ₹400. Card paper cost ₹30, sugar cost ₹50 and a banner cost ₹110. How many rupees of the budget are left?
  40. 40.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost

Answer key

  1. ice
  2. a folding table
  3. a one-time cost
  4. Yes
  5. 250
  6. 210
  7. False
  8. a running cost
  9. a running cost
  10. 14
  11. card paper
  12. 110
  13. 3
  14. lemons
  15. a folding table
  16. False
  17. False
  18. 410
  19. 60
  20. a price board
  21. a running cost
  22. Yes
  23. paper cups
  24. 110
  25. a running cost
  26. No
  27. 23
  28. False
  29. 196
  30. a one-time cost
  31. a running cost
  32. No
  33. a running cost
  34. a cooler box
  35. False
  36. False
  37. 230
  38. a cooler box
  39. 210
  40. a one-time cost

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