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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 293 · 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.Farhan’s stall budget is ₹360. Paper cups cost ₹210, ribbon cost ₹30 and a price board cost ₹90. How many rupees of the budget are left?
  2. 2.Farhan plans to make 26 paper bookmarks. Each needs ₹2 of materials, and a banner costs ₹100 once. What total budget is needed (in ₹)?
  3. 3.📒 One-time cost or running cost: tea leaves and milk? (a) a running cost (b) a one-time cost
  4. 4.Rohan has ₹190 to spend on rolls of ribbon. One roll of ribbon costs ₹6. What is the greatest number of rolls of ribbon Rohan can buy?
  5. 5.Which of these is a running cost? (a) paper cups (b) a folding table (c) a cloth banner (d) a juicer
  6. 6.🔍 Which is the odd one out? (a) paper cups (b) a price board (c) a cooler box (d) a juicer
  7. 7.Rohan’s stall budget is ₹590. Napkins cost ₹60, paper cups cost ₹140 and card paper cost ₹240. How many rupees of the budget are left?
  8. 8.Which of these is a one-time cost? (a) a cash box (b) paper cups (c) tea leaves and milk (d) lemons
  9. 9.Farhan’s stall budget is ₹650. Seeds cost ₹170, napkins cost ₹20 and ribbon cost ₹210. How many rupees of the budget are left?
  10. 10.📒 One-time cost or running cost: sugar? (a) a one-time cost (b) a running cost
  11. 11.Which of these is a one-time cost? (a) a cloth banner (b) lemons (c) card paper (d) seeds and soil
  12. 12.Which of these is a running cost? (a) a cloth banner (b) a juicer (c) a cooler box (d) seeds and soil
  13. 13.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost
  14. 14.Farhan has ₹310 to spend on packets of seeds. One packet of seeds costs ₹15. What is the greatest number of packets of seeds Farhan can buy?
  15. 15.Aarav has ₹450 to spend on packets of seeds. One packet of seeds costs ₹10. What is the greatest number of packets of seeds Aarav can buy?
  16. 16.Which of these is a running cost? (a) lemons (b) a cloth banner (c) a cash box (d) a folding table
  17. 17.Aarav has ₹300 to spend on sheets of card paper. One sheet of card paper costs ₹5. What is the greatest number of sheets of card paper Aarav can buy?
  18. 18.True or false: “a cash box” is a running cost. (a) True (b) False
  19. 19.🔍 Which is the odd one out? (a) a juicer (b) a price board (c) ice (d) a folding table
  20. 20.Farhan plans to make 16 paper bookmarks. Each needs ₹3 of materials, and a banner costs ₹290 once. What total budget is needed (in ₹)?
  21. 21.Which of these is a one-time cost? (a) ice (b) a folding table (c) paper cups (d) card paper
  22. 22.Dev has a budget of ₹400. The stock costs ₹60 and the stall fee is ₹310. Is the budget enough? (a) Yes (b) No
  23. 23.Aarav’s stall budget is ₹510. A banner cost ₹20, sugar cost ₹240 and lemons cost ₹240. How many rupees of the budget are left?
  24. 24.Dev’s stall budget is ₹950. Paper cups cost ₹220, pots cost ₹180 and seeds cost ₹250. How many rupees of the budget are left?
  25. 25.Tara’s stall budget is ₹630. Paper cups cost ₹50, a price board cost ₹90 and ribbon cost ₹280. How many rupees of the budget are left?
  26. 26.Which of these is a one-time cost? (a) ice (b) tea leaves and milk (c) a juicer (d) card paper
  27. 27.Which of these is a running cost? (a) a cash box (b) a cloth banner (c) tea leaves and milk (d) a juicer
  28. 28.True or false: “a cooler box” is a running cost. (a) False (b) True
  29. 29.📒 One-time cost or running cost: card paper? (a) a running cost (b) a one-time cost
  30. 30.📒 One-time cost or running cost: a cash box? (a) a one-time cost (b) a running cost
  31. 31.Riya has ₹190 to spend on packs of cups. One pack of cups costs ₹5. What is the greatest number of packs of cups Riya can buy?
  32. 32.Kavya’s stall budget is ₹540. Ribbon cost ₹90, a banner cost ₹30 and a price board cost ₹250. How many rupees of the budget are left?
  33. 33.Joseph plans to make 19 handmade cards. Each needs ₹10 of materials, and a banner costs ₹90 once. What total budget is needed (in ₹)?
  34. 34.Which of these is a running cost? (a) a price board (b) sugar (c) a juicer (d) a folding table
  35. 35.True or false: “card paper” is a one-time cost. (a) True (b) False
  36. 36.Kavya has a budget of ₹300. The stock costs ₹140 and the stall fee is ₹130. Is the budget enough? (a) Yes (b) No
  37. 37.Gurpreet has a budget of ₹700. The stock costs ₹210 and the stall fee is ₹500. Is the budget enough? (a) Yes (b) No
  38. 38.Riya has a budget of ₹500. The stock costs ₹230 and the stall fee is ₹240. Is the budget enough? (a) Yes (b) No
  39. 39.True or false: “a price board” is a one-time cost. (a) False (b) True
  40. 40.True or false: “paper cups” is a running cost. (a) False (b) True

Answer key

  1. 30
  2. 152
  3. a running cost
  4. 31
  5. paper cups
  6. paper cups
  7. 150
  8. a cash box
  9. 250
  10. a running cost
  11. a cloth banner
  12. seeds and soil
  13. a one-time cost
  14. 20
  15. 45
  16. lemons
  17. 60
  18. False
  19. ice
  20. 338
  21. a folding table
  22. Yes
  23. 10
  24. 300
  25. 210
  26. a juicer
  27. tea leaves and milk
  28. False
  29. a running cost
  30. a one-time cost
  31. 38
  32. 170
  33. 280
  34. sugar
  35. False
  36. Yes
  37. No
  38. Yes
  39. True
  40. True

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