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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 393 · 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.True or false: “seeds and soil” is a one-time cost. (a) True (b) False
  2. 2.Which of these is a one-time cost? (a) a cloth banner (b) paper cups (c) tea leaves and milk (d) lemons
  3. 3.📒 One-time cost or running cost: paper cups? (a) a one-time cost (b) a running cost
  4. 4.Gurpreet has ₹160 to spend on packets of seeds. One packet of seeds costs ₹8. What is the greatest number of packets of seeds Gurpreet can buy?
  5. 5.Which of these is a one-time cost? (a) card paper (b) a juicer (c) tea leaves and milk (d) seeds and soil
  6. 6.Ananya’s stall budget is ₹490. Lemons cost ₹170, pots cost ₹280 and a banner cost ₹30. How many rupees of the budget are left?
  7. 7.Kabir’s stall budget is ₹640. A price board cost ₹270, napkins cost ₹110 and card paper cost ₹190. How many rupees of the budget are left?
  8. 8.🔍 Which is the odd one out? (a) a cash box (b) seeds and soil (c) a folding table (d) a cloth banner
  9. 9.Ishaan’s stall budget is ₹990. Ribbon cost ₹180, pots cost ₹280 and card paper cost ₹230. How many rupees of the budget are left?
  10. 10.True or false: “a cooler box” is a running cost. (a) True (b) False
  11. 11.🔍 Which is the odd one out? (a) paper cups (b) a cash box (c) a cooler box (d) a juicer
  12. 12.Ishaan’s stall budget is ₹870. Paper cups cost ₹300, a price board cost ₹230 and lemons cost ₹290. How many rupees of the budget are left?
  13. 13.True or false: “card paper” is a one-time cost. (a) True (b) False
  14. 14.Which of these is a one-time cost? (a) seeds and soil (b) ice (c) a cash box (d) tea leaves and milk
  15. 15.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  16. 16.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost
  17. 17.Meera plans to make 44 handmade cards. Each needs ₹6 of materials, and a banner costs ₹140 once. What total budget is needed (in ₹)?
  18. 18.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  19. 19.Lakshmi has ₹190 to spend on rolls of ribbon. One roll of ribbon costs ₹15. What is the greatest number of rolls of ribbon Lakshmi can buy?
  20. 20.Ananya plans to make 27 glasses of chai. Each needs ₹7 of materials, and a banner costs ₹80 once. What total budget is needed (in ₹)?
  21. 21.Rohan has ₹380 to spend on lemons. One lemon costs ₹15. What is the greatest number of lemons Rohan can buy?
  22. 22.Nisha has a budget of ₹800. The stock costs ₹120 and the stall fee is ₹690. Is the budget enough? (a) Yes (b) No
  23. 23.Diya plans to make 27 cups of lemonade. Each needs ₹2 of materials, and a banner costs ₹260 once. What total budget is needed (in ₹)?
  24. 24.Dev has a budget of ₹900. The stock costs ₹70 and the stall fee is ₹870. Is the budget enough? (a) Yes (b) No
  25. 25.True or false: “sugar” is a one-time cost. (a) True (b) False
  26. 26.🔍 Which is the odd one out? (a) a cooler box (b) paper cups (c) lemons (d) sugar
  27. 27.Gurpreet has a budget of ₹700. The stock costs ₹110 and the stall fee is ₹540. Is the budget enough? (a) Yes (b) No
  28. 28.Saanvi has a budget of ₹500. The stock costs ₹240 and the stall fee is ₹280. Is the budget enough? (a) Yes (b) No
  29. 29.True or false: “a cloth banner” is a one-time cost. (a) False (b) True
  30. 30.📒 One-time cost or running cost: ice? (a) a one-time cost (b) a running cost
  31. 31.True or false: “a juicer” is a running cost. (a) False (b) True
  32. 32.Aarav has ₹250 to spend on packs of cups. One pack of cups costs ₹10. What is the greatest number of packs of cups Aarav can buy?
  33. 33.🔍 Which is the odd one out? (a) ice (b) paper cups (c) card paper (d) a cloth banner
  34. 34.Farhan’s stall budget is ₹250. Paper cups cost ₹140, seeds cost ₹30 and sugar cost ₹50. How many rupees of the budget are left?
  35. 35.🔍 Which is the odd one out? (a) ice (b) sugar (c) card paper (d) a price board
  36. 36.🔍 Which is the odd one out? (a) a cash box (b) a folding table (c) lemons (d) a cooler box
  37. 37.Saanvi’s stall budget is ₹590. Card paper cost ₹100, paper cups cost ₹80 and a price board cost ₹210. How many rupees of the budget are left?
  38. 38.🔍 Which is the odd one out? (a) seeds and soil (b) sugar (c) a cash box (d) paper cups
  39. 39.True or false: “a cash box” is a running cost. (a) False (b) True
  40. 40.Which of these is a one-time cost? (a) sugar (b) tea leaves and milk (c) a cooler box (d) lemons

Answer key

  1. False
  2. a cloth banner
  3. a running cost
  4. 20
  5. a juicer
  6. 10
  7. 70
  8. seeds and soil
  9. 300
  10. False
  11. paper cups
  12. 50
  13. False
  14. a cash box
  15. a one-time cost
  16. a one-time cost
  17. 404
  18. a one-time cost
  19. 12
  20. 269
  21. 25
  22. No
  23. 314
  24. No
  25. False
  26. a cooler box
  27. Yes
  28. No
  29. True
  30. a running cost
  31. False
  32. 25
  33. a cloth banner
  34. 30
  35. a price board
  36. lemons
  37. 200
  38. a cash box
  39. False
  40. a cooler box

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