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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 431 · 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: “a price board” is a running cost. (a) True (b) False
  2. 2.Which of these is a one-time cost? (a) card paper (b) tea leaves and milk (c) lemons (d) a folding table
  3. 3.True or false: “a cooler box” is a one-time cost. (a) True (b) False
  4. 4.Dev has a budget of ₹900. The stock costs ₹300 and the stall fee is ₹570. Is the budget enough? (a) No (b) Yes
  5. 5.🔍 Which is the odd one out? (a) ice (b) a cloth banner (c) lemons (d) paper cups
  6. 6.🔍 Which is the odd one out? (a) a cash box (b) a price board (c) a cooler box (d) paper cups
  7. 7.📒 One-time cost or running cost: paper cups? (a) a one-time cost (b) a running cost
  8. 8.Which of these is a one-time cost? (a) card paper (b) lemons (c) a cooler box (d) ice
  9. 9.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  10. 10.🔍 Which is the odd one out? (a) a folding table (b) a cloth banner (c) a juicer (d) seeds and soil
  11. 11.Kavya has ₹200 to spend on sheets of card paper. One sheet of card paper costs ₹20. What is the greatest number of sheets of card paper Kavya can buy?
  12. 12.Which of these is a running cost? (a) a folding table (b) ice (c) a cash box (d) a price board
  13. 13.Ishaan’s stall budget is ₹620. Paper cups cost ₹260, a banner cost ₹20 and napkins cost ₹150. How many rupees of the budget are left?
  14. 14.Zoya’s stall budget is ₹660. Lemons cost ₹240, a price board cost ₹90 and paper cups cost ₹100. How many rupees of the budget are left?
  15. 15.Rohan has ₹90 to spend on rolls of ribbon. One roll of ribbon costs ₹6. What is the greatest number of rolls of ribbon Rohan can buy?
  16. 16.🔍 Which is the odd one out? (a) a cloth banner (b) a folding table (c) lemons (d) a cooler box
  17. 17.Diya’s stall budget is ₹490. A banner cost ₹40, lemons cost ₹60 and card paper cost ₹170. How many rupees of the budget are left?
  18. 18.Which of these is a running cost? (a) a juicer (b) a price board (c) tea leaves and milk (d) a folding table
  19. 19.Diya has a budget of ₹400. The stock costs ₹100 and the stall fee is ₹260. Is the budget enough? (a) Yes (b) No
  20. 20.Joseph plans to make 24 glasses of chai. Each needs ₹10 of materials, and a banner costs ₹70 once. What total budget is needed (in ₹)?
  21. 21.🔍 Which is the odd one out? (a) ice (b) seeds and soil (c) a cash box (d) paper cups
  22. 22.True or false: “tea leaves and milk” is a running cost. (a) True (b) False
  23. 23.🔍 Which is the odd one out? (a) tea leaves and milk (b) ice (c) a juicer (d) seeds and soil
  24. 24.Lakshmi has ₹260 to spend on rolls of ribbon. One roll of ribbon costs ₹6. What is the greatest number of rolls of ribbon Lakshmi can buy?
  25. 25.Dev plans to make 44 fruit cups. Each needs ₹10 of materials, and a banner costs ₹220 once. What total budget is needed (in ₹)?
  26. 26.📒 One-time cost or running cost: lemons? (a) a running cost (b) a one-time cost
  27. 27.Which of these is a running cost? (a) a price board (b) a folding table (c) a juicer (d) sugar
  28. 28.True or false: “seeds and soil” is a running cost. (a) False (b) True
  29. 29.True or false: “a cash box” is a one-time cost. (a) True (b) False
  30. 30.🔍 Which is the odd one out? (a) a folding table (b) ice (c) a juicer (d) a price board
  31. 31.Diya’s stall budget is ₹580. Paper cups cost ₹230, seeds cost ₹40 and a price board cost ₹80. How many rupees of the budget are left?
  32. 32.Gurpreet has a budget of ₹600. The stock costs ₹290 and the stall fee is ₹320. Is the budget enough? (a) Yes (b) No
  33. 33.Kavya’s stall budget is ₹520. A banner cost ₹20, seeds cost ₹150 and pots cost ₹280. How many rupees of the budget are left?
  34. 34.Which of these is a running cost? (a) card paper (b) a price board (c) a cloth banner (d) a folding table
  35. 35.Dev plans to make 27 jute bags. Each needs ₹9 of materials, and a banner costs ₹60 once. What total budget is needed (in ₹)?
  36. 36.📒 One-time cost or running cost: ice? (a) a one-time cost (b) a running cost
  37. 37.Diya has a budget of ₹500. The stock costs ₹210 and the stall fee is ₹250. Is the budget enough? (a) No (b) Yes
  38. 38.Tara has ₹240 to spend on sheets of card paper. One sheet of card paper costs ₹15. What is the greatest number of sheets of card paper Tara can buy?
  39. 39.Riya has ₹130 to spend on sheets of card paper. One sheet of card paper costs ₹6. What is the greatest number of sheets of card paper Riya can buy?
  40. 40.Aarav plans to make 17 friendship bands. Each needs ₹6 of materials, and a banner costs ₹110 once. What total budget is needed (in ₹)?

Answer key

  1. False
  2. a folding table
  3. True
  4. Yes
  5. a cloth banner
  6. paper cups
  7. a running cost
  8. a cooler box
  9. a one-time cost
  10. seeds and soil
  11. 10
  12. ice
  13. 190
  14. 230
  15. 15
  16. lemons
  17. 220
  18. tea leaves and milk
  19. Yes
  20. 310
  21. a cash box
  22. True
  23. a juicer
  24. 43
  25. 660
  26. a running cost
  27. sugar
  28. True
  29. True
  30. ice
  31. 230
  32. No
  33. 70
  34. card paper
  35. 303
  36. a running cost
  37. Yes
  38. 16
  39. 21
  40. 212

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