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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 347 · 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.Tara has ₹340 to spend on packs of cups. One pack of cups costs ₹20. What is the greatest number of packs of cups Tara can buy?
  2. 2.Which of these is a running cost? (a) a cooler box (b) a folding table (c) paper cups (d) a price board
  3. 3.Which of these is a running cost? (a) a folding table (b) ice (c) a cloth banner (d) a juicer
  4. 4.Which of these is a one-time cost? (a) paper cups (b) tea leaves and milk (c) a juicer (d) card paper
  5. 5.True or false: “lemons” is a one-time cost. (a) False (b) True
  6. 6.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  7. 7.True or false: “paper cups” is a one-time cost. (a) True (b) False
  8. 8.Diya’s stall budget is ₹900. Lemons cost ₹70, napkins cost ₹300 and sugar cost ₹300. How many rupees of the budget are left?
  9. 9.Which of these is a one-time cost? (a) ice (b) sugar (c) a price board (d) card paper
  10. 10.Tara’s stall budget is ₹800. Paper cups cost ₹70, sugar cost ₹300 and lemons cost ₹160. How many rupees of the budget are left?
  11. 11.Vihaan has a budget of ₹800. The stock costs ₹370 and the stall fee is ₹380. Is the budget enough? (a) Yes (b) No
  12. 12.Zoya has a budget of ₹800. The stock costs ₹310 and the stall fee is ₹540. Is the budget enough? (a) Yes (b) No
  13. 13.Joseph has a budget of ₹400. The stock costs ₹80 and the stall fee is ₹270. Is the budget enough? (a) Yes (b) No
  14. 14.Which of these is a running cost? (a) sugar (b) a cash box (c) a price board (d) a cooler box
  15. 15.True or false: “paper cups” is a running cost. (a) True (b) False
  16. 16.Lakshmi has a budget of ₹900. The stock costs ₹380 and the stall fee is ₹490. Is the budget enough? (a) Yes (b) No
  17. 17.Rohan plans to make 21 potted plants. Each needs ₹9 of materials, and a banner costs ₹80 once. What total budget is needed (in ₹)?
  18. 18.Nisha has a budget of ₹300. The stock costs ₹130 and the stall fee is ₹150. Is the budget enough? (a) No (b) Yes
  19. 19.📒 One-time cost or running cost: ice? (a) a running cost (b) a one-time cost
  20. 20.🔍 Which is the odd one out? (a) a cloth banner (b) a folding table (c) tea leaves and milk (d) a cash box
  21. 21.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
  22. 22.Diya plans to make 44 painted pebbles. Each needs ₹7 of materials, and a banner costs ₹230 once. What total budget is needed (in ₹)?
  23. 23.Ananya has a budget of ₹1000. The stock costs ₹370 and the stall fee is ₹600. Is the budget enough? (a) No (b) Yes
  24. 24.True or false: “seeds and soil” is a one-time cost. (a) False (b) True
  25. 25.Which of these is a running cost? (a) lemons (b) a price board (c) a cloth banner (d) a cash box
  26. 26.Aarav plans to make 45 friendship bands. Each needs ₹9 of materials, and a banner costs ₹300 once. What total budget is needed (in ₹)?
  27. 27.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost
  28. 28.True or false: “card paper” is a running cost. (a) True (b) False
  29. 29.Dev’s stall budget is ₹650. Lemons cost ₹110, sugar cost ₹50 and a banner cost ₹210. How many rupees of the budget are left?
  30. 30.Nisha has a budget of ₹600. The stock costs ₹190 and the stall fee is ₹400. Is the budget enough? (a) Yes (b) No
  31. 31.Joseph’s stall budget is ₹450. Pots cost ₹30, paper cups cost ₹140 and card paper cost ₹100. How many rupees of the budget are left?
  32. 32.Gurpreet has a budget of ₹300. The stock costs ₹50 and the stall fee is ₹290. Is the budget enough? (a) No (b) Yes
  33. 33.True or false: “ice” is a running cost. (a) False (b) True
  34. 34.Kabir has a budget of ₹500. The stock costs ₹230 and the stall fee is ₹230. Is the budget enough? (a) No (b) Yes
  35. 35.True or false: “a folding table” is a one-time cost. (a) False (b) True
  36. 36.True or false: “tea leaves and milk” is a one-time cost. (a) False (b) True
  37. 37.True or false: “seeds and soil” is a running cost. (a) True (b) False
  38. 38.Rohan has ₹240 to spend on packets of seeds. One packet of seeds costs ₹8. What is the greatest number of packets of seeds Rohan can buy?
  39. 39.Which of these is a one-time cost? (a) a cash box (b) lemons (c) sugar (d) ice
  40. 40.Saanvi has ₹480 to spend on lemons. One lemon costs ₹8. What is the greatest number of lemons Saanvi can buy?

Answer key

  1. 17
  2. paper cups
  3. ice
  4. a juicer
  5. False
  6. a one-time cost
  7. False
  8. 230
  9. a price board
  10. 270
  11. Yes
  12. No
  13. Yes
  14. sugar
  15. True
  16. Yes
  17. 269
  18. Yes
  19. a running cost
  20. tea leaves and milk
  21. a running cost
  22. 538
  23. Yes
  24. False
  25. lemons
  26. 705
  27. a one-time cost
  28. True
  29. 280
  30. Yes
  31. 180
  32. No
  33. True
  34. Yes
  35. True
  36. False
  37. True
  38. 30
  39. a cash box
  40. 60

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