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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 284 · 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: paper cups? (a) a one-time cost (b) a running cost
  2. 2.Ananya has ₹320 to spend on lemons. One lemon costs ₹4. What is the greatest number of lemons Ananya can buy?
  3. 3.True or false: “sugar” is a one-time cost. (a) False (b) True
  4. 4.Ishaan has ₹490 to spend on rolls of ribbon. One roll of ribbon costs ₹8. What is the greatest number of rolls of ribbon Ishaan can buy?
  5. 5.Diya has a budget of ₹500. The stock costs ₹80 and the stall fee is ₹370. Is the budget enough? (a) No (b) Yes
  6. 6.True or false: “a juicer” is a one-time cost. (a) False (b) True
  7. 7.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
  8. 8.Gurpreet plans to make 24 paper bookmarks. Each needs ₹2 of materials, and a banner costs ₹90 once. What total budget is needed (in ₹)?
  9. 9.Gurpreet has ₹310 to spend on packs of cups. One pack of cups costs ₹8. What is the greatest number of packs of cups Gurpreet can buy?
  10. 10.Diya’s stall budget is ₹450. Ribbon cost ₹40, paper cups cost ₹70 and pots cost ₹270. How many rupees of the budget are left?
  11. 11.Meera has ₹140 to spend on packets of seeds. One packet of seeds costs ₹5. What is the greatest number of packets of seeds Meera can buy?
  12. 12.Which of these is a running cost? (a) a cooler box (b) a cash box (c) card paper (d) a juicer
  13. 13.Which of these is a running cost? (a) a price board (b) a cash box (c) a folding table (d) lemons
  14. 14.Lakshmi has a budget of ₹400. The stock costs ₹70 and the stall fee is ₹300. Is the budget enough? (a) Yes (b) No
  15. 15.True or false: “paper cups” is a running cost. (a) True (b) False
  16. 16.Gurpreet has ₹230 to spend on rolls of ribbon. One roll of ribbon costs ₹12. What is the greatest number of rolls of ribbon Gurpreet can buy?
  17. 17.True or false: “a cloth banner” is a running cost. (a) False (b) True
  18. 18.Rohan has a budget of ₹600. The stock costs ₹110 and the stall fee is ₹440. Is the budget enough? (a) No (b) Yes
  19. 19.📒 One-time cost or running cost: ice? (a) a one-time cost (b) a running cost
  20. 20.True or false: “seeds and soil” is a running cost. (a) True (b) False
  21. 21.Vihaan’s stall budget is ₹570. Sugar cost ₹160, pots cost ₹140 and a price board cost ₹190. How many rupees of the budget are left?
  22. 22.Riya’s stall budget is ₹610. Ribbon cost ₹170, seeds cost ₹140 and a price board cost ₹190. How many rupees of the budget are left?
  23. 23.Gurpreet’s stall budget is ₹420. Lemons cost ₹50, pots cost ₹250 and card paper cost ₹60. How many rupees of the budget are left?
  24. 24.Kabir plans to make 12 painted pebbles. Each needs ₹4 of materials, and a banner costs ₹110 once. What total budget is needed (in ₹)?
  25. 25.Nisha plans to make 28 paper bookmarks. Each needs ₹10 of materials, and a banner costs ₹70 once. What total budget is needed (in ₹)?
  26. 26.Riya has ₹480 to spend on packets of seeds. One packet of seeds costs ₹15. What is the greatest number of packets of seeds Riya can buy?
  27. 27.True or false: “a cash box” is a running cost. (a) True (b) False
  28. 28.Ishaan plans to make 37 handmade cards. Each needs ₹7 of materials, and a banner costs ₹120 once. What total budget is needed (in ₹)?
  29. 29.Diya’s stall budget is ₹930. Sugar cost ₹200, paper cups cost ₹250 and a price board cost ₹190. How many rupees of the budget are left?
  30. 30.Which of these is a one-time cost? (a) lemons (b) a cloth banner (c) seeds and soil (d) paper cups
  31. 31.🔍 Which is the odd one out? (a) tea leaves and milk (b) sugar (c) paper cups (d) a price board
  32. 32.Gurpreet’s stall budget is ₹560. Seeds cost ₹50, a price board cost ₹70 and ribbon cost ₹190. How many rupees of the budget are left?
  33. 33.Kabir plans to make 12 cupcakes. Each needs ₹6 of materials, and a banner costs ₹250 once. What total budget is needed (in ₹)?
  34. 34.Lakshmi’s stall budget is ₹470. Napkins cost ₹110, paper cups cost ₹110 and card paper cost ₹210. How many rupees of the budget are left?
  35. 35.Dev has ₹500 to spend on rolls of ribbon. One roll of ribbon costs ₹4. What is the greatest number of rolls of ribbon Dev can buy?
  36. 36.Joseph’s stall budget is ₹440. Paper cups cost ₹170, napkins cost ₹80 and pots cost ₹80. How many rupees of the budget are left?
  37. 37.🔍 Which is the odd one out? (a) a folding table (b) a cooler box (c) a cloth banner (d) paper cups
  38. 38.Lakshmi has ₹270 to spend on packets of seeds. One packet of seeds costs ₹20. What is the greatest number of packets of seeds Lakshmi can buy?
  39. 39.Which of these is a one-time cost? (a) tea leaves and milk (b) a price board (c) card paper (d) lemons
  40. 40.Which of these is a running cost? (a) paper cups (b) a cooler box (c) a juicer (d) a cash box

Answer key

  1. a running cost
  2. 80
  3. False
  4. 61
  5. Yes
  6. True
  7. a running cost
  8. 138
  9. 38
  10. 70
  11. 28
  12. card paper
  13. lemons
  14. Yes
  15. True
  16. 19
  17. False
  18. Yes
  19. a running cost
  20. True
  21. 80
  22. 110
  23. 60
  24. 158
  25. 350
  26. 32
  27. False
  28. 379
  29. 290
  30. a cloth banner
  31. a price board
  32. 250
  33. 322
  34. 40
  35. 125
  36. 110
  37. paper cups
  38. 13
  39. a price board
  40. paper cups

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