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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 294 · 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.Meera’s stall budget is ₹720. Card paper cost ₹30, napkins cost ₹290 and lemons cost ₹190. How many rupees of the budget are left?
  2. 2.Joseph plans to make 28 potted plants. Each needs ₹7 of materials, and a banner costs ₹120 once. What total budget is needed (in ₹)?
  3. 3.True or false: “a cash box” is a running cost. (a) True (b) False
  4. 4.Kavya has a budget of ₹700. The stock costs ₹270 and the stall fee is ₹380. Is the budget enough? (a) Yes (b) No
  5. 5.Which of these is a one-time cost? (a) a cooler box (b) tea leaves and milk (c) seeds and soil (d) lemons
  6. 6.True or false: “ice” is a one-time cost. (a) True (b) False
  7. 7.🔍 Which is the odd one out? (a) a juicer (b) a folding table (c) a cash box (d) paper cups
  8. 8.🔍 Which is the odd one out? (a) a cash box (b) a juicer (c) a folding table (d) tea leaves and milk
  9. 9.True or false: “a cloth banner” is a running cost. (a) True (b) False
  10. 10.Nisha has a budget of ₹300. The stock costs ₹50 and the stall fee is ₹270. Is the budget enough? (a) Yes (b) No
  11. 11.Which of these is a one-time cost? (a) a price board (b) seeds and soil (c) lemons (d) paper cups
  12. 12.Vihaan plans to make 16 handmade cards. Each needs ₹6 of materials, and a banner costs ₹200 once. What total budget is needed (in ₹)?
  13. 13.🔍 Which is the odd one out? (a) card paper (b) a juicer (c) a cloth banner (d) a folding table
  14. 14.Zoya plans to make 19 fruit cups. Each needs ₹8 of materials, and a banner costs ₹100 once. What total budget is needed (in ₹)?
  15. 15.Meera has ₹430 to spend on packets of seeds. One packet of seeds costs ₹6. What is the greatest number of packets of seeds Meera can buy?
  16. 16.Which of these is a running cost? (a) a folding table (b) a price board (c) a cash box (d) paper cups
  17. 17.True or false: “paper cups” is a one-time cost. (a) True (b) False
  18. 18.📒 One-time cost or running cost: a cooler box? (a) a one-time cost (b) a running cost
  19. 19.Ishaan has a budget of ₹500. The stock costs ₹80 and the stall fee is ₹380. Is the budget enough? (a) Yes (b) No
  20. 20.🔍 Which is the odd one out? (a) lemons (b) seeds and soil (c) a cooler box (d) tea leaves and milk
  21. 21.Nisha’s stall budget is ₹580. Seeds cost ₹80, a price board cost ₹280 and sugar cost ₹200. How many rupees of the budget are left?
  22. 22.Riya has ₹270 to spend on rolls of ribbon. One roll of ribbon costs ₹10. What is the greatest number of rolls of ribbon Riya can buy?
  23. 23.Arjun has ₹240 to spend on packs of cups. One pack of cups costs ₹20. What is the greatest number of packs of cups Arjun can buy?
  24. 24.True or false: “tea leaves and milk” is a one-time cost. (a) True (b) False
  25. 25.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost
  26. 26.🔍 Which is the odd one out? (a) card paper (b) seeds and soil (c) a folding table (d) paper cups
  27. 27.Which of these is a running cost? (a) a cloth banner (b) a folding table (c) tea leaves and milk (d) a cooler box
  28. 28.🔍 Which is the odd one out? (a) sugar (b) lemons (c) ice (d) a juicer
  29. 29.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
  30. 30.📒 One-time cost or running cost: lemons? (a) a running cost (b) a one-time cost
  31. 31.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
  32. 32.Nisha plans to make 30 potted plants. Each needs ₹9 of materials, and a banner costs ₹270 once. What total budget is needed (in ₹)?
  33. 33.Joseph has ₹230 to spend on packs of cups. One pack of cups costs ₹15. What is the greatest number of packs of cups Joseph can buy?
  34. 34.🔍 Which is the odd one out? (a) a cash box (b) seeds and soil (c) a price board (d) a cooler box
  35. 35.Which of these is a running cost? (a) a cash box (b) a cooler box (c) a juicer (d) sugar
  36. 36.Joseph’s stall budget is ₹740. A price board cost ₹100, lemons cost ₹160 and a banner cost ₹240. How many rupees of the budget are left?
  37. 37.Rohan has ₹350 to spend on lemons. One lemon costs ₹12. What is the greatest number of lemons Rohan can buy?
  38. 38.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
  39. 39.True or false: “tea leaves and milk” is a running cost. (a) False (b) True
  40. 40.Arjun has ₹200 to spend on packets of seeds. One packet of seeds costs ₹15. What is the greatest number of packets of seeds Arjun can buy?

Answer key

  1. 210
  2. 316
  3. False
  4. Yes
  5. a cooler box
  6. False
  7. paper cups
  8. tea leaves and milk
  9. False
  10. No
  11. a price board
  12. 296
  13. card paper
  14. 252
  15. 71
  16. paper cups
  17. False
  18. a one-time cost
  19. Yes
  20. a cooler box
  21. 20
  22. 27
  23. 12
  24. False
  25. a one-time cost
  26. a folding table
  27. tea leaves and milk
  28. a juicer
  29. a running cost
  30. a running cost
  31. a one-time cost
  32. 540
  33. 15
  34. seeds and soil
  35. sugar
  36. 240
  37. 29
  38. a one-time cost
  39. True
  40. 13

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