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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 430 · 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 one-time cost? (a) lemons (b) card paper (c) a price board (d) paper cups
  2. 2.📒 One-time cost or running cost: sugar? (a) a running cost (b) a one-time cost
  3. 3.Which of these is a one-time cost? (a) ice (b) tea leaves and milk (c) seeds and soil (d) a cooler box
  4. 4.Dev’s stall budget is ₹770. A price board cost ₹250, lemons cost ₹270 and napkins cost ₹30. How many rupees of the budget are left?
  5. 5.🔍 Which is the odd one out? (a) tea leaves and milk (b) a cooler box (c) a juicer (d) a price board
  6. 6.📒 One-time cost or running cost: paper cups? (a) a one-time cost (b) a running cost
  7. 7.🔍 Which is the odd one out? (a) a folding table (b) paper cups (c) a cooler box (d) a cash box
  8. 8.Aarav has ₹370 to spend on rolls of ribbon. One roll of ribbon costs ₹4. What is the greatest number of rolls of ribbon Aarav can buy?
  9. 9.Which of these is a running cost? (a) sugar (b) a juicer (c) a folding table (d) a cash box
  10. 10.Dev has ₹430 to spend on packs of cups. One pack of cups costs ₹15. What is the greatest number of packs of cups Dev can buy?
  11. 11.Vihaan’s stall budget is ₹880. Pots cost ₹130, a price board cost ₹250 and a banner cost ₹270. How many rupees of the budget are left?
  12. 12.True or false: “ice” is a running cost. (a) False (b) True
  13. 13.Dev has ₹270 to spend on rolls of ribbon. One roll of ribbon costs ₹12. What is the greatest number of rolls of ribbon Dev can buy?
  14. 14.True or false: “a juicer” is a one-time cost. (a) False (b) True
  15. 15.True or false: “sugar” is a one-time cost. (a) True (b) False
  16. 16.🔍 Which is the odd one out? (a) lemons (b) a cooler box (c) a cloth banner (d) a cash box
  17. 17.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost
  18. 18.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  19. 19.Which of these is a one-time cost? (a) seeds and soil (b) a folding table (c) ice (d) sugar
  20. 20.Lakshmi’s stall budget is ₹640. Pots cost ₹300, lemons cost ₹220 and ribbon cost ₹90. How many rupees of the budget are left?
  21. 21.Kavya has ₹240 to spend on packs of cups. One pack of cups costs ₹20. What is the greatest number of packs of cups Kavya can buy?
  22. 22.Lakshmi’s stall budget is ₹580. Card paper cost ₹290, seeds cost ₹80 and pots cost ₹110. How many rupees of the budget are left?
  23. 23.Saanvi has ₹380 to spend on packets of seeds. One packet of seeds costs ₹5. What is the greatest number of packets of seeds Saanvi can buy?
  24. 24.Rohan’s stall budget is ₹870. A banner cost ₹220, pots cost ₹230 and ribbon cost ₹220. How many rupees of the budget are left?
  25. 25.🔍 Which is the odd one out? (a) sugar (b) a folding table (c) a cash box (d) a cloth banner
  26. 26.Gurpreet has ₹70 to spend on packs of cups. One pack of cups costs ₹4. What is the greatest number of packs of cups Gurpreet can buy?
  27. 27.True or false: “a folding table” is a one-time cost. (a) False (b) True
  28. 28.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  29. 29.Vihaan has ₹280 to spend on lemons. One lemon costs ₹4. What is the greatest number of lemons Vihaan can buy?
  30. 30.True or false: “a cash box” is a running cost. (a) True (b) False
  31. 31.Kabir has a budget of ₹300. The stock costs ₹150 and the stall fee is ₹160. Is the budget enough? (a) No (b) Yes
  32. 32.🔍 Which is the odd one out? (a) ice (b) a folding table (c) a cloth banner (d) a cash box
  33. 33.🔍 Which is the odd one out? (a) card paper (b) a juicer (c) a cash box (d) a folding table
  34. 34.Aarav has ₹100 to spend on sheets of card paper. One sheet of card paper costs ₹4. What is the greatest number of sheets of card paper Aarav can buy?
  35. 35.Which of these is a running cost? (a) a cloth banner (b) a price board (c) a cash box (d) tea leaves and milk
  36. 36.True or false: “paper cups” is a one-time cost. (a) True (b) False
  37. 37.True or false: “seeds and soil” is a one-time cost. (a) False (b) True
  38. 38.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
  39. 39.Lakshmi’s stall budget is ₹490. Lemons cost ₹60, pots cost ₹30 and seeds cost ₹160. How many rupees of the budget are left?
  40. 40.Dev’s stall budget is ₹660. Napkins cost ₹240, pots cost ₹150 and card paper cost ₹140. How many rupees of the budget are left?

Answer key

  1. a price board
  2. a running cost
  3. a cooler box
  4. 220
  5. tea leaves and milk
  6. a running cost
  7. paper cups
  8. 92
  9. sugar
  10. 28
  11. 230
  12. True
  13. 22
  14. True
  15. False
  16. lemons
  17. a one-time cost
  18. a one-time cost
  19. a folding table
  20. 30
  21. 12
  22. 100
  23. 76
  24. 200
  25. sugar
  26. 17
  27. True
  28. a one-time cost
  29. 70
  30. False
  31. No
  32. ice
  33. card paper
  34. 25
  35. tea leaves and milk
  36. False
  37. False
  38. a one-time cost
  39. 240
  40. 130

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