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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 46 · 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) False (b) True
  2. 2.Which of these is a one-time cost? (a) sugar (b) paper cups (c) a folding table (d) lemons
  3. 3.📒 One-time cost or running cost: tea leaves and milk? (a) a running cost (b) a one-time cost
  4. 4.Riya’s stall budget is ₹700. A banner cost ₹20, seeds cost ₹280 and napkins cost ₹240. How many rupees of the budget are left?
  5. 5.🔍 Which is the odd one out? (a) a cloth banner (b) a cooler box (c) a cash box (d) lemons
  6. 6.Meera’s stall budget is ₹890. Ribbon cost ₹100, card paper cost ₹290 and a banner cost ₹270. How many rupees of the budget are left?
  7. 7.True or false: “card paper” is a running cost. (a) True (b) False
  8. 8.Riya’s stall budget is ₹740. Pots cost ₹150, card paper cost ₹290 and a price board cost ₹120. How many rupees of the budget are left?
  9. 9.Which of these is a running cost? (a) lemons (b) a cloth banner (c) a price board (d) a folding table
  10. 10.Arjun has ₹70 to spend on sheets of card paper. One sheet of card paper costs ₹8. What is the greatest number of sheets of card paper Arjun can buy?
  11. 11.Aarav has ₹400 to spend on sheets of card paper. One sheet of card paper costs ₹10. What is the greatest number of sheets of card paper Aarav can buy?
  12. 12.Tara plans to make 49 cups of lemonade. Each needs ₹3 of materials, and a banner costs ₹60 once. What total budget is needed (in ₹)?
  13. 13.📒 One-time cost or running cost: card paper? (a) a one-time cost (b) a running cost
  14. 14.Which of these is a one-time cost? (a) paper cups (b) card paper (c) a price board (d) lemons
  15. 15.🔍 Which is the odd one out? (a) ice (b) sugar (c) a cash box (d) paper cups
  16. 16.Aarav plans to make 49 clay diyas. Each needs ₹5 of materials, and a banner costs ₹130 once. What total budget is needed (in ₹)?
  17. 17.Tara has ₹180 to spend on packets of seeds. One packet of seeds costs ₹12. What is the greatest number of packets of seeds Tara can buy?
  18. 18.Which of these is a one-time cost? (a) card paper (b) paper cups (c) a cooler box (d) sugar
  19. 19.True or false: “lemons” is a one-time cost. (a) False (b) True
  20. 20.🔍 Which is the odd one out? (a) a cloth banner (b) a cooler box (c) paper cups (d) a price board
  21. 21.Diya’s stall budget is ₹630. Napkins cost ₹220, lemons cost ₹160 and seeds cost ₹40. How many rupees of the budget are left?
  22. 22.Gurpreet has ₹430 to spend on sheets of card paper. One sheet of card paper costs ₹8. What is the greatest number of sheets of card paper Gurpreet can buy?
  23. 23.🔍 Which is the odd one out? (a) sugar (b) a juicer (c) a cash box (d) a price board
  24. 24.Kabir has ₹330 to spend on sheets of card paper. One sheet of card paper costs ₹8. What is the greatest number of sheets of card paper Kabir can buy?
  25. 25.Aarav has a budget of ₹600. The stock costs ₹300 and the stall fee is ₹270. Is the budget enough? (a) Yes (b) No
  26. 26.🔍 Which is the odd one out? (a) a cash box (b) tea leaves and milk (c) a price board (d) a juicer
  27. 27.📒 One-time cost or running cost: ice? (a) a running cost (b) a one-time cost
  28. 28.🔍 Which is the odd one out? (a) tea leaves and milk (b) ice (c) a juicer (d) sugar
  29. 29.🔍 Which is the odd one out? (a) paper cups (b) a cooler box (c) ice (d) tea leaves and milk
  30. 30.Kavya plans to make 18 paper bookmarks. Each needs ₹9 of materials, and a banner costs ₹220 once. What total budget is needed (in ₹)?
  31. 31.Which of these is a one-time cost? (a) a juicer (b) sugar (c) lemons (d) ice
  32. 32.Diya’s stall budget is ₹830. Card paper cost ₹120, sugar cost ₹180 and a banner cost ₹250. How many rupees of the budget are left?
  33. 33.Which of these is a one-time cost? (a) sugar (b) tea leaves and milk (c) paper cups (d) a cash box
  34. 34.True or false: “a folding table” is a one-time cost. (a) False (b) True
  35. 35.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
  36. 36.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost
  37. 37.🔍 Which is the odd one out? (a) ice (b) card paper (c) lemons (d) a folding table
  38. 38.Which of these is a running cost? (a) a cloth banner (b) a cooler box (c) a juicer (d) tea leaves and milk
  39. 39.Ananya has ₹380 to spend on packets of seeds. One packet of seeds costs ₹15. What is the greatest number of packets of seeds Ananya can buy?
  40. 40.📒 One-time cost or running cost: sugar? (a) a running cost (b) a one-time cost

Answer key

  1. False
  2. a folding table
  3. a running cost
  4. 160
  5. lemons
  6. 230
  7. True
  8. 180
  9. lemons
  10. 8
  11. 40
  12. 207
  13. a running cost
  14. a price board
  15. a cash box
  16. 375
  17. 15
  18. a cooler box
  19. False
  20. paper cups
  21. 210
  22. 53
  23. sugar
  24. 41
  25. Yes
  26. tea leaves and milk
  27. a running cost
  28. a juicer
  29. a cooler box
  30. 382
  31. a juicer
  32. 280
  33. a cash box
  34. True
  35. a one-time cost
  36. a one-time cost
  37. a folding table
  38. tea leaves and milk
  39. 25
  40. a running cost

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