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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 342 · 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.Arjun has ₹410 to spend on sheets of card paper. One sheet of card paper costs ₹15. What is the greatest number of sheets of card paper Arjun can buy?
  2. 2.True or false: “lemons” is a running cost. (a) True (b) False
  3. 3.Aarav has a budget of ₹800. The stock costs ₹230 and the stall fee is ₹590. Is the budget enough? (a) Yes (b) No
  4. 4.Tara has a budget of ₹1000. The stock costs ₹180 and the stall fee is ₹810. Is the budget enough? (a) Yes (b) No
  5. 5.📒 One-time cost or running cost: a price board? (a) a one-time cost (b) a running cost
  6. 6.Aarav’s stall budget is ₹660. Ribbon cost ₹110, sugar cost ₹40 and pots cost ₹230. How many rupees of the budget are left?
  7. 7.🔍 Which is the odd one out? (a) tea leaves and milk (b) a cooler box (c) a cloth banner (d) a juicer
  8. 8.True or false: “sugar” is a one-time cost. (a) False (b) True
  9. 9.Ishaan plans to make 21 friendship bands. Each needs ₹9 of materials, and a banner costs ₹60 once. What total budget is needed (in ₹)?
  10. 10.Kavya has a budget of ₹400. The stock costs ₹60 and the stall fee is ₹290. Is the budget enough? (a) Yes (b) No
  11. 11.Zoya has ₹320 to spend on rolls of ribbon. One roll of ribbon costs ₹20. What is the greatest number of rolls of ribbon Zoya can buy?
  12. 12.Kabir’s stall budget is ₹730. Napkins cost ₹210, seeds cost ₹70 and sugar cost ₹150. How many rupees of the budget are left?
  13. 13.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
  14. 14.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost
  15. 15.Riya’s stall budget is ₹740. Pots cost ₹200, card paper cost ₹80 and a price board cost ₹200. How many rupees of the budget are left?
  16. 16.Which of these is a one-time cost? (a) lemons (b) card paper (c) sugar (d) a cloth banner
  17. 17.Which of these is a running cost? (a) a juicer (b) card paper (c) a price board (d) a cooler box
  18. 18.🔍 Which is the odd one out? (a) paper cups (b) a cooler box (c) card paper (d) tea leaves and milk
  19. 19.True or false: “a folding table” is a running cost. (a) False (b) True
  20. 20.Which of these is a running cost? (a) a juicer (b) a price board (c) a cloth banner (d) ice
  21. 21.Riya has a budget of ₹300. The stock costs ₹50 and the stall fee is ₹220. Is the budget enough? (a) No (b) Yes
  22. 22.Nisha plans to make 16 cupcakes. Each needs ₹9 of materials, and a banner costs ₹100 once. What total budget is needed (in ₹)?
  23. 23.Meera’s stall budget is ₹290. Napkins cost ₹200, sugar cost ₹50 and a banner cost ₹20. How many rupees of the budget are left?
  24. 24.True or false: “a cash box” is a running cost. (a) True (b) False
  25. 25.🔍 Which is the odd one out? (a) lemons (b) a juicer (c) ice (d) seeds and soil
  26. 26.True or false: “tea leaves and milk” is a running cost. (a) False (b) True
  27. 27.📒 One-time cost or running cost: paper cups? (a) a running cost (b) a one-time cost
  28. 28.True or false: “card paper” is a one-time cost. (a) False (b) True
  29. 29.🔍 Which is the odd one out? (a) seeds and soil (b) tea leaves and milk (c) paper cups (d) a cash box
  30. 30.Zoya’s stall budget is ₹580. Seeds cost ₹80, ribbon cost ₹80 and a banner cost ₹150. How many rupees of the budget are left?
  31. 31.📒 One-time cost or running cost: a cloth banner? (a) a one-time cost (b) a running cost
  32. 32.🔍 Which is the odd one out? (a) sugar (b) a cash box (c) a cloth banner (d) a cooler box
  33. 33.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  34. 34.Joseph has a budget of ₹600. The stock costs ₹270 and the stall fee is ₹320. Is the budget enough? (a) Yes (b) No
  35. 35.True or false: “tea leaves and milk” is a one-time cost. (a) False (b) True
  36. 36.Which of these is a running cost? (a) a cash box (b) lemons (c) a juicer (d) a folding table
  37. 37.🔍 Which is the odd one out? (a) seeds and soil (b) a price board (c) ice (d) card paper
  38. 38.Which of these is a one-time cost? (a) sugar (b) paper cups (c) a folding table (d) seeds and soil
  39. 39.Rohan’s stall budget is ₹420. A banner cost ₹40, sugar cost ₹160 and ribbon cost ₹30. How many rupees of the budget are left?
  40. 40.Aarav’s stall budget is ₹780. Sugar cost ₹60, paper cups cost ₹130 and lemons cost ₹290. How many rupees of the budget are left?

Answer key

  1. 27
  2. True
  3. No
  4. Yes
  5. a one-time cost
  6. 280
  7. tea leaves and milk
  8. False
  9. 249
  10. Yes
  11. 16
  12. 300
  13. a one-time cost
  14. a one-time cost
  15. 260
  16. a cloth banner
  17. card paper
  18. a cooler box
  19. False
  20. ice
  21. Yes
  22. 244
  23. 20
  24. False
  25. a juicer
  26. True
  27. a running cost
  28. False
  29. a cash box
  30. 270
  31. a one-time cost
  32. sugar
  33. a one-time cost
  34. Yes
  35. False
  36. lemons
  37. a price board
  38. a folding table
  39. 190
  40. 300

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