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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 288 · 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: card paper? (a) a running cost (b) a one-time cost
  2. 2.📒 One-time cost or running cost: lemons? (a) a running cost (b) a one-time cost
  3. 3.Which of these is a running cost? (a) a juicer (b) a cash box (c) paper cups (d) a price board
  4. 4.Gurpreet’s stall budget is ₹490. Lemons cost ₹30, pots cost ₹180 and sugar cost ₹240. How many rupees of the budget are left?
  5. 5.Lakshmi has ₹160 to spend on packs of cups. One pack of cups costs ₹8. What is the greatest number of packs of cups Lakshmi can buy?
  6. 6.🔍 Which is the odd one out? (a) a cloth banner (b) a cash box (c) a price board (d) seeds and soil
  7. 7.Which of these is a running cost? (a) a price board (b) a cash box (c) a cloth banner (d) seeds and soil
  8. 8.Rohan has ₹50 to spend on sheets of card paper. One sheet of card paper costs ₹4. What is the greatest number of sheets of card paper Rohan can buy?
  9. 9.Farhan’s stall budget is ₹250. A banner cost ₹70, card paper cost ₹70 and pots cost ₹80. How many rupees of the budget are left?
  10. 10.Kabir’s stall budget is ₹370. Paper cups cost ₹160, seeds cost ₹20 and ribbon cost ₹20. How many rupees of the budget are left?
  11. 11.Farhan has a budget of ₹900. The stock costs ₹60 and the stall fee is ₹880. Is the budget enough? (a) No (b) Yes
  12. 12.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
  13. 13.Ishaan’s stall budget is ₹670. Paper cups cost ₹60, ribbon cost ₹270 and pots cost ₹70. How many rupees of the budget are left?
  14. 14.True or false: “a cash box” is a one-time cost. (a) True (b) False
  15. 15.Which of these is a running cost? (a) a cooler box (b) lemons (c) a cloth banner (d) a price board
  16. 16.Diya plans to make 23 cupcakes. Each needs ₹9 of materials, and a banner costs ₹190 once. What total budget is needed (in ₹)?
  17. 17.🔍 Which is the odd one out? (a) a cooler box (b) a cloth banner (c) a folding table (d) tea leaves and milk
  18. 18.Farhan’s stall budget is ₹500. Napkins cost ₹60, lemons cost ₹140 and ribbon cost ₹20. How many rupees of the budget are left?
  19. 19.Which of these is a running cost? (a) sugar (b) a juicer (c) a cooler box (d) a cash box
  20. 20.📒 One-time cost or running cost: paper cups? (a) a one-time cost (b) a running cost
  21. 21.🔍 Which is the odd one out? (a) ice (b) lemons (c) a folding table (d) card paper
  22. 22.Which of these is a one-time cost? (a) tea leaves and milk (b) ice (c) a juicer (d) sugar
  23. 23.📒 One-time cost or running cost: a cloth banner? (a) a one-time cost (b) a running cost
  24. 24.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  25. 25.🔍 Which is the odd one out? (a) a cash box (b) a folding table (c) a cloth banner (d) card paper
  26. 26.Which of these is a one-time cost? (a) a cloth banner (b) sugar (c) seeds and soil (d) paper cups
  27. 27.Tara has ₹160 to spend on lemons. One lemon costs ₹12. What is the greatest number of lemons Tara can buy?
  28. 28.True or false: “lemons” is a one-time cost. (a) False (b) True
  29. 29.True or false: “a cloth banner” is a one-time cost. (a) True (b) False
  30. 30.Which of these is a running cost? (a) a juicer (b) a price board (c) a cooler box (d) card paper
  31. 31.Diya has a budget of ₹800. The stock costs ₹340 and the stall fee is ₹430. Is the budget enough? (a) No (b) Yes
  32. 32.🔍 Which is the odd one out? (a) tea leaves and milk (b) a cash box (c) paper cups (d) card paper
  33. 33.Riya’s stall budget is ₹450. Sugar cost ₹150, pots cost ₹50 and a price board cost ₹150. How many rupees of the budget are left?
  34. 34.Saanvi has a budget of ₹700. The stock costs ₹270 and the stall fee is ₹450. Is the budget enough? (a) No (b) Yes
  35. 35.Dev has a budget of ₹400. The stock costs ₹130 and the stall fee is ₹240. Is the budget enough? (a) Yes (b) No
  36. 36.Arjun has ₹110 to spend on packs of cups. One pack of cups costs ₹5. What is the greatest number of packs of cups Arjun can buy?
  37. 37.True or false: “a folding table” is a one-time cost. (a) False (b) True
  38. 38.📒 One-time cost or running cost: seeds and soil? (a) a running cost (b) a one-time cost
  39. 39.Farhan’s stall budget is ₹350. Paper cups cost ₹40, lemons cost ₹30 and card paper cost ₹180. How many rupees of the budget are left?
  40. 40.True or false: “a price board” is a running cost. (a) False (b) True

Answer key

  1. a running cost
  2. a running cost
  3. paper cups
  4. 40
  5. 20
  6. seeds and soil
  7. seeds and soil
  8. 12
  9. 30
  10. 170
  11. No
  12. a running cost
  13. 270
  14. True
  15. lemons
  16. 397
  17. tea leaves and milk
  18. 280
  19. sugar
  20. a running cost
  21. a folding table
  22. a juicer
  23. a one-time cost
  24. a one-time cost
  25. card paper
  26. a cloth banner
  27. 13
  28. False
  29. True
  30. card paper
  31. Yes
  32. a cash box
  33. 100
  34. No
  35. Yes
  36. 22
  37. True
  38. a running cost
  39. 100
  40. False

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