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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 440 · 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 folding table (b) a price board (c) paper cups (d) a cloth banner
  2. 2.Gurpreet plans to make 30 fruit cups. Each needs ₹4 of materials, and a banner costs ₹260 once. What total budget is needed (in ₹)?
  3. 3.Gurpreet plans to make 21 jute bags. Each needs ₹9 of materials, and a banner costs ₹130 once. What total budget is needed (in ₹)?
  4. 4.Arjun has ₹110 to spend on packets of seeds. One packet of seeds costs ₹6. What is the greatest number of packets of seeds Arjun can buy?
  5. 5.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
  6. 6.Ishaan has a budget of ₹500. The stock costs ₹120 and the stall fee is ₹430. Is the budget enough? (a) Yes (b) No
  7. 7.Lakshmi plans to make 25 friendship bands. Each needs ₹9 of materials, and a banner costs ₹240 once. What total budget is needed (in ₹)?
  8. 8.Rohan has ₹230 to spend on packs of cups. One pack of cups costs ₹15. What is the greatest number of packs of cups Rohan can buy?
  9. 9.Kavya has a budget of ₹700. The stock costs ₹140 and the stall fee is ₹600. Is the budget enough? (a) Yes (b) No
  10. 10.True or false: “a juicer” is a running cost. (a) False (b) True
  11. 11.📒 One-time cost or running cost: a cloth banner? (a) a one-time cost (b) a running cost
  12. 12.Ananya has ₹440 to spend on packets of seeds. One packet of seeds costs ₹8. What is the greatest number of packets of seeds Ananya can buy?
  13. 13.Saanvi has ₹240 to spend on rolls of ribbon. One roll of ribbon costs ₹12. What is the greatest number of rolls of ribbon Saanvi can buy?
  14. 14.Lakshmi has a budget of ₹600. The stock costs ₹140 and the stall fee is ₹490. Is the budget enough? (a) Yes (b) No
  15. 15.Kavya plans to make 33 jute bags. Each needs ₹7 of materials, and a banner costs ₹90 once. What total budget is needed (in ₹)?
  16. 16.Joseph plans to make 45 jute bags. Each needs ₹6 of materials, and a banner costs ₹50 once. What total budget is needed (in ₹)?
  17. 17.📒 One-time cost or running cost: paper cups? (a) a running cost (b) a one-time cost
  18. 18.Diya’s stall budget is ₹870. Paper cups cost ₹240, sugar cost ₹180 and ribbon cost ₹240. How many rupees of the budget are left?
  19. 19.📒 One-time cost or running cost: sugar? (a) a one-time cost (b) a running cost
  20. 20.True or false: “tea leaves and milk” is a one-time cost. (a) True (b) False
  21. 21.True or false: “a cloth banner” is a running cost. (a) False (b) True
  22. 22.True or false: “sugar” is a one-time cost. (a) True (b) False
  23. 23.Kabir’s stall budget is ₹310. A banner cost ₹70, paper cups cost ₹120 and card paper cost ₹70. How many rupees of the budget are left?
  24. 24.Dev has a budget of ₹700. The stock costs ₹260 and the stall fee is ₹400. Is the budget enough? (a) Yes (b) No
  25. 25.Which of these is a one-time cost? (a) tea leaves and milk (b) paper cups (c) seeds and soil (d) a folding table
  26. 26.True or false: “lemons” is a one-time cost. (a) False (b) True
  27. 27.Rohan’s stall budget is ₹460. A price board cost ₹120, card paper cost ₹50 and pots cost ₹100. How many rupees of the budget are left?
  28. 28.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
  29. 29.Ishaan has ₹180 to spend on packets of seeds. One packet of seeds costs ₹4. What is the greatest number of packets of seeds Ishaan can buy?
  30. 30.Vihaan has a budget of ₹1000. The stock costs ₹190 and the stall fee is ₹790. Is the budget enough? (a) Yes (b) No
  31. 31.True or false: “a price board” is a one-time cost. (a) False (b) True
  32. 32.📒 One-time cost or running cost: seeds and soil? (a) a one-time cost (b) a running cost
  33. 33.Saanvi has ₹80 to spend on lemons. One lemon costs ₹5. What is the greatest number of lemons Saanvi can buy?
  34. 34.Which of these is a one-time cost? (a) a cash box (b) lemons (c) paper cups (d) sugar
  35. 35.Ishaan has ₹190 to spend on sheets of card paper. One sheet of card paper costs ₹20. What is the greatest number of sheets of card paper Ishaan can buy?
  36. 36.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
  37. 37.Which of these is a running cost? (a) a cloth banner (b) a cooler box (c) card paper (d) a price board
  38. 38.Which of these is a one-time cost? (a) lemons (b) a juicer (c) sugar (d) tea leaves and milk
  39. 39.Which of these is a running cost? (a) a juicer (b) tea leaves and milk (c) a cash box (d) a price board
  40. 40.Farhan has ₹380 to spend on rolls of ribbon. One roll of ribbon costs ₹8. What is the greatest number of rolls of ribbon Farhan can buy?

Answer key

  1. paper cups
  2. 380
  3. 319
  4. 18
  5. a running cost
  6. No
  7. 465
  8. 15
  9. No
  10. False
  11. a one-time cost
  12. 55
  13. 20
  14. No
  15. 321
  16. 320
  17. a running cost
  18. 210
  19. a running cost
  20. False
  21. False
  22. False
  23. 50
  24. Yes
  25. a folding table
  26. False
  27. 190
  28. a one-time cost
  29. 45
  30. Yes
  31. True
  32. a running cost
  33. 16
  34. a cash box
  35. 9
  36. a one-time cost
  37. card paper
  38. a juicer
  39. tea leaves and milk
  40. 47

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