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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 411 · 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.Which of these is a running cost? (a) a cloth banner (b) a price board (c) seeds and soil (d) a folding table
  2. 2.Aarav’s stall budget is ₹870. Lemons cost ₹150, card paper cost ₹230 and seeds cost ₹280. How many rupees of the budget are left?
  3. 3.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
  4. 4.Rohan has ₹360 to spend on packs of cups. One pack of cups costs ₹6. What is the greatest number of packs of cups Rohan can buy?
  5. 5.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost
  6. 6.True or false: “a cooler box” is a running cost. (a) True (b) False
  7. 7.True or false: “ice” is a running cost. (a) False (b) True
  8. 8.Meera’s stall budget is ₹550. Sugar cost ₹90, napkins cost ₹120 and paper cups cost ₹240. How many rupees of the budget are left?
  9. 9.Dev plans to make 20 painted pebbles. Each needs ₹7 of materials, and a banner costs ₹240 once. What total budget is needed (in ₹)?
  10. 10.Diya has a budget of ₹500. The stock costs ₹220 and the stall fee is ₹310. Is the budget enough? (a) Yes (b) No
  11. 11.📒 One-time cost or running cost: seeds and soil? (a) a running cost (b) a one-time cost
  12. 12.Tara has ₹370 to spend on lemons. One lemon costs ₹5. What is the greatest number of lemons Tara can buy?
  13. 13.🔍 Which is the odd one out? (a) tea leaves and milk (b) ice (c) lemons (d) a price board
  14. 14.Rohan’s stall budget is ₹700. Sugar cost ₹240, a price board cost ₹120 and card paper cost ₹210. How many rupees of the budget are left?
  15. 15.🔍 Which is the odd one out? (a) tea leaves and milk (b) a price board (c) a cooler box (d) a cloth banner
  16. 16.True or false: “ice” is a one-time cost. (a) True (b) False
  17. 17.🔍 Which is the odd one out? (a) a price board (b) a cooler box (c) a cloth banner (d) card paper
  18. 18.True or false: “card paper” is a running cost. (a) False (b) True
  19. 19.Which of these is a one-time cost? (a) paper cups (b) tea leaves and milk (c) lemons (d) a cooler box
  20. 20.Which of these is a running cost? (a) a cooler box (b) paper cups (c) a juicer (d) a folding table
  21. 21.Which of these is a one-time cost? (a) paper cups (b) lemons (c) a price board (d) sugar
  22. 22.Vihaan plans to make 14 friendship bands. Each needs ₹4 of materials, and a banner costs ₹140 once. What total budget is needed (in ₹)?
  23. 23.Aarav has ₹470 to spend on sheets of card paper. One sheet of card paper costs ₹5. What is the greatest number of sheets of card paper Aarav can buy?
  24. 24.Farhan has a budget of ₹300. The stock costs ₹150 and the stall fee is ₹160. Is the budget enough? (a) No (b) Yes
  25. 25.Zoya’s stall budget is ₹530. A banner cost ₹30, ribbon cost ₹260 and sugar cost ₹30. How many rupees of the budget are left?
  26. 26.Vihaan’s stall budget is ₹630. A price board cost ₹70, a banner cost ₹30 and napkins cost ₹280. How many rupees of the budget are left?
  27. 27.🔍 Which is the odd one out? (a) sugar (b) card paper (c) tea leaves and milk (d) a cooler box
  28. 28.Which of these is a one-time cost? (a) tea leaves and milk (b) a cash box (c) lemons (d) card paper
  29. 29.Ishaan has ₹290 to spend on packs of cups. One pack of cups costs ₹12. What is the greatest number of packs of cups Ishaan can buy?
  30. 30.True or false: “a cloth banner” is a running cost. (a) False (b) True
  31. 31.🔍 Which is the odd one out? (a) sugar (b) card paper (c) paper cups (d) a folding table
  32. 32.Kavya has ₹50 to spend on packets of seeds. One packet of seeds costs ₹4. What is the greatest number of packets of seeds Kavya can buy?
  33. 33.Which of these is a one-time cost? (a) a juicer (b) tea leaves and milk (c) seeds and soil (d) sugar
  34. 34.🔍 Which is the odd one out? (a) seeds and soil (b) sugar (c) paper cups (d) a juicer
  35. 35.True or false: “a juicer” is a running 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.Ishaan’s stall budget is ₹470. A banner cost ₹120, pots cost ₹20 and paper cups cost ₹30. How many rupees of the budget are left?
  38. 38.Aarav’s stall budget is ₹370. Lemons cost ₹70, sugar cost ₹70 and paper cups cost ₹180. How many rupees of the budget are left?
  39. 39.Nisha has ₹280 to spend on packets of seeds. One packet of seeds costs ₹5. What is the greatest number of packets of seeds Nisha can buy?
  40. 40.Meera has a budget of ₹700. The stock costs ₹150 and the stall fee is ₹520. Is the budget enough? (a) No (b) Yes

Answer key

  1. seeds and soil
  2. 210
  3. a one-time cost
  4. 60
  5. a one-time cost
  6. False
  7. True
  8. 100
  9. 380
  10. No
  11. a running cost
  12. 74
  13. a price board
  14. 130
  15. tea leaves and milk
  16. False
  17. card paper
  18. True
  19. a cooler box
  20. paper cups
  21. a price board
  22. 196
  23. 94
  24. No
  25. 210
  26. 250
  27. a cooler box
  28. a cash box
  29. 24
  30. False
  31. a folding table
  32. 12
  33. a juicer
  34. a juicer
  35. False
  36. False
  37. 300
  38. 50
  39. 56
  40. Yes

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