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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 326 · 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.Saanvi has a budget of ₹600. The stock costs ₹110 and the stall fee is ₹480. Is the budget enough? (a) No (b) Yes
  2. 2.🔍 Which is the odd one out? (a) a price board (b) tea leaves and milk (c) a cloth banner (d) a cooler box
  3. 3.📒 One-time cost or running cost: a cooler box? (a) a one-time cost (b) a running cost
  4. 4.Arjun has ₹170 to spend on packets of seeds. One packet of seeds costs ₹5. What is the greatest number of packets of seeds Arjun can buy?
  5. 5.Which of these is a one-time cost? (a) ice (b) paper cups (c) a cloth banner (d) seeds and soil
  6. 6.Which of these is a running cost? (a) seeds and soil (b) a cash box (c) a cooler box (d) a juicer
  7. 7.Ananya plans to make 19 paper bookmarks. Each needs ₹8 of materials, and a banner costs ₹80 once. What total budget is needed (in ₹)?
  8. 8.True or false: “a cash box” is a one-time cost. (a) True (b) False
  9. 9.Dev’s stall budget is ₹540. Lemons cost ₹250, a banner cost ₹60 and a price board cost ₹210. How many rupees of the budget are left?
  10. 10.Aarav plans to make 39 paper bookmarks. Each needs ₹9 of materials, and a banner costs ₹70 once. What total budget is needed (in ₹)?
  11. 11.📒 One-time cost or running cost: sugar? (a) a one-time cost (b) a running cost
  12. 12.True or false: “a cash box” is a running cost. (a) True (b) False
  13. 13.Lakshmi’s stall budget is ₹420. Sugar cost ₹60, napkins cost ₹30 and seeds cost ₹50. How many rupees of the budget are left?
  14. 14.Rohan’s stall budget is ₹640. A price board cost ₹210, napkins cost ₹260 and pots cost ₹50. How many rupees of the budget are left?
  15. 15.Which of these is a one-time cost? (a) sugar (b) a price board (c) paper cups (d) lemons
  16. 16.Saanvi has ₹120 to spend on packets of seeds. One packet of seeds costs ₹5. What is the greatest number of packets of seeds Saanvi can buy?
  17. 17.True or false: “seeds and soil” is a running cost. (a) False (b) True
  18. 18.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost
  19. 19.📒 One-time cost or running cost: ice? (a) a one-time cost (b) a running cost
  20. 20.🔍 Which is the odd one out? (a) lemons (b) ice (c) a cash box (d) paper cups
  21. 21.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  22. 22.Saanvi’s stall budget is ₹390. A price board cost ₹110, napkins cost ₹110 and pots cost ₹70. How many rupees of the budget are left?
  23. 23.Arjun has ₹210 to spend on sheets of card paper. One sheet of card paper costs ₹5. What is the greatest number of sheets of card paper Arjun can buy?
  24. 24.📒 One-time cost or running cost: paper cups? (a) a one-time cost (b) a running cost
  25. 25.Which of these is a running cost? (a) lemons (b) a juicer (c) a folding table (d) a price board
  26. 26.True or false: “card paper” is a one-time cost. (a) True (b) False
  27. 27.Joseph has a budget of ₹600. The stock costs ₹50 and the stall fee is ₹520. Is the budget enough? (a) Yes (b) No
  28. 28.True or false: “ice” is a one-time cost. (a) True (b) False
  29. 29.Meera plans to make 17 painted pebbles. Each needs ₹2 of materials, and a banner costs ₹160 once. What total budget is needed (in ₹)?
  30. 30.Ishaan’s stall budget is ₹390. Ribbon cost ₹130, a price board cost ₹170 and card paper cost ₹70. How many rupees of the budget are left?
  31. 31.Gurpreet has a budget of ₹400. The stock costs ₹190 and the stall fee is ₹260. Is the budget enough? (a) Yes (b) No
  32. 32.📒 One-time cost or running cost: card paper? (a) a one-time cost (b) a running cost
  33. 33.True or false: “sugar” is a one-time cost. (a) False (b) True
  34. 34.True or false: “a cooler box” is a one-time cost. (a) False (b) True
  35. 35.🔍 Which is the odd one out? (a) a cooler box (b) paper cups (c) tea leaves and milk (d) lemons
  36. 36.Which of these is a one-time cost? (a) sugar (b) paper cups (c) a folding table (d) tea leaves and milk
  37. 37.📒 One-time cost or running cost: tea leaves and milk? (a) a running cost (b) a one-time cost
  38. 38.Saanvi plans to make 21 potted plants. Each needs ₹3 of materials, and a banner costs ₹180 once. What total budget is needed (in ₹)?
  39. 39.True or false: “a folding table” is a one-time cost. (a) True (b) False
  40. 40.Nisha has ₹330 to spend on sheets of card paper. One sheet of card paper costs ₹12. What is the greatest number of sheets of card paper Nisha can buy?

Answer key

  1. Yes
  2. tea leaves and milk
  3. a one-time cost
  4. 34
  5. a cloth banner
  6. seeds and soil
  7. 232
  8. True
  9. 20
  10. 421
  11. a running cost
  12. False
  13. 280
  14. 120
  15. a price board
  16. 24
  17. True
  18. a one-time cost
  19. a running cost
  20. a cash box
  21. a one-time cost
  22. 100
  23. 42
  24. a running cost
  25. lemons
  26. False
  27. Yes
  28. False
  29. 194
  30. 20
  31. No
  32. a running cost
  33. False
  34. True
  35. a cooler box
  36. a folding table
  37. a running cost
  38. 243
  39. True
  40. 27

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