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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 390 · 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.📒 One-time cost or running cost: ice? (a) a running cost (b) a one-time cost
  2. 2.Diya’s stall budget is ₹650. Ribbon cost ₹200, card paper cost ₹290 and seeds cost ₹70. How many rupees of the budget are left?
  3. 3.Joseph has ₹170 to spend on rolls of ribbon. One roll of ribbon costs ₹5. What is the greatest number of rolls of ribbon Joseph can buy?
  4. 4.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
  5. 5.True or false: “seeds and soil” is a one-time cost. (a) False (b) True
  6. 6.True or false: “ice” is a running cost. (a) False (b) True
  7. 7.Nisha has a budget of ₹500. The stock costs ₹120 and the stall fee is ₹410. Is the budget enough? (a) No (b) Yes
  8. 8.Which of these is a running cost? (a) a cooler box (b) a price board (c) a folding table (d) lemons
  9. 9.Which of these is a running cost? (a) a folding table (b) a juicer (c) a cooler box (d) seeds and soil
  10. 10.Which of these is a running cost? (a) a juicer (b) a cloth banner (c) card paper (d) a folding table
  11. 11.Saanvi’s stall budget is ₹800. Seeds cost ₹160, pots cost ₹170 and card paper cost ₹300. How many rupees of the budget are left?
  12. 12.🔍 Which is the odd one out? (a) a folding table (b) sugar (c) a cash box (d) a juicer
  13. 13.Tara plans to make 37 paper bookmarks. Each needs ₹5 of materials, and a banner costs ₹90 once. What total budget is needed (in ₹)?
  14. 14.Which of these is a running cost? (a) a folding table (b) tea leaves and milk (c) a juicer (d) a cash box
  15. 15.Lakshmi’s stall budget is ₹650. Pots cost ₹210, lemons cost ₹170 and card paper cost ₹60. How many rupees of the budget are left?
  16. 16.True or false: “paper cups” is a running cost. (a) False (b) True
  17. 17.📒 One-time cost or running cost: seeds and soil? (a) a running cost (b) a one-time cost
  18. 18.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost
  19. 19.Farhan plans to make 20 fruit cups. Each needs ₹4 of materials, and a banner costs ₹190 once. What total budget is needed (in ₹)?
  20. 20.True or false: “a juicer” is a one-time cost. (a) True (b) False
  21. 21.Aarav’s stall budget is ₹510. A banner cost ₹200, lemons cost ₹200 and seeds cost ₹50. How many rupees of the budget are left?
  22. 22.Which of these is a one-time cost? (a) tea leaves and milk (b) sugar (c) ice (d) a cloth banner
  23. 23.Joseph’s stall budget is ₹880. Napkins cost ₹150, lemons cost ₹170 and ribbon cost ₹270. How many rupees of the budget are left?
  24. 24.True or false: “lemons” is a one-time cost. (a) True (b) False
  25. 25.Which of these is a one-time cost? (a) lemons (b) ice (c) paper cups (d) a folding table
  26. 26.True or false: “seeds and soil” is a running cost. (a) True (b) False
  27. 27.Kabir has ₹230 to spend on packets of seeds. One packet of seeds costs ₹15. What is the greatest number of packets of seeds Kabir can buy?
  28. 28.Meera plans to make 29 potted plants. Each needs ₹10 of materials, and a banner costs ₹100 once. What total budget is needed (in ₹)?
  29. 29.True or false: “sugar” is a running cost. (a) True (b) False
  30. 30.Lakshmi has ₹60 to spend on lemons. One lemon costs ₹20. What is the greatest number of lemons Lakshmi can buy?
  31. 31.Ananya plans to make 41 paper bookmarks. Each needs ₹4 of materials, and a banner costs ₹140 once. What total budget is needed (in ₹)?
  32. 32.True or false: “a juicer” is a running cost. (a) True (b) False
  33. 33.🔍 Which is the odd one out? (a) a cash box (b) a price board (c) lemons (d) a cloth banner
  34. 34.🔍 Which is the odd one out? (a) seeds and soil (b) sugar (c) ice (d) a juicer
  35. 35.📒 One-time cost or running cost: sugar? (a) a one-time cost (b) a running cost
  36. 36.Tara’s stall budget is ₹510. Paper cups cost ₹90, lemons cost ₹230 and a banner cost ₹160. How many rupees of the budget are left?
  37. 37.🔍 Which is the odd one out? (a) a cloth banner (b) paper cups (c) a cooler box (d) a cash box
  38. 38.Rohan’s stall budget is ₹770. Seeds cost ₹110, a price board cost ₹170 and napkins cost ₹230. How many rupees of the budget are left?
  39. 39.Tara has a budget of ₹800. The stock costs ₹210 and the stall fee is ₹550. Is the budget enough? (a) Yes (b) No
  40. 40.Riya has ₹280 to spend on sheets of card paper. One sheet of card paper costs ₹4. What is the greatest number of sheets of card paper Riya can buy?

Answer key

  1. a running cost
  2. 90
  3. 34
  4. a one-time cost
  5. False
  6. True
  7. No
  8. lemons
  9. seeds and soil
  10. card paper
  11. 170
  12. sugar
  13. 275
  14. tea leaves and milk
  15. 210
  16. True
  17. a running cost
  18. a one-time cost
  19. 270
  20. True
  21. 60
  22. a cloth banner
  23. 290
  24. False
  25. a folding table
  26. True
  27. 15
  28. 390
  29. True
  30. 3
  31. 304
  32. False
  33. lemons
  34. a juicer
  35. a running cost
  36. 30
  37. paper cups
  38. 260
  39. Yes
  40. 70

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