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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 489 · 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.Tara has a budget of ₹500. The stock costs ₹130 and the stall fee is ₹320. Is the budget enough? (a) Yes (b) No
  2. 2.🔍 Which is the odd one out? (a) card paper (b) a folding table (c) a cloth banner (d) a juicer
  3. 3.True or false: “a cloth banner” is a one-time cost. (a) True (b) False
  4. 4.True or false: “ice” is a running cost. (a) True (b) False
  5. 5.True or false: “tea leaves and milk” is a running cost. (a) True (b) False
  6. 6.Joseph plans to make 44 bags of popcorn. Each needs ₹10 of materials, and a banner costs ₹50 once. What total budget is needed (in ₹)?
  7. 7.📒 One-time cost or running cost: card paper? (a) a one-time cost (b) a running cost
  8. 8.Gurpreet’s stall budget is ₹920. A price board cost ₹290, sugar cost ₹230 and ribbon cost ₹270. How many rupees of the budget are left?
  9. 9.Ananya’s stall budget is ₹740. A price board cost ₹90, card paper cost ₹150 and a banner cost ₹300. How many rupees of the budget are left?
  10. 10.Which of these is a running cost? (a) a cash box (b) a price board (c) a cooler box (d) tea leaves and milk
  11. 11.Farhan has ₹80 to spend on packets of seeds. One packet of seeds costs ₹15. What is the greatest number of packets of seeds Farhan can buy?
  12. 12.Aarav has ₹120 to spend on sheets of card paper. One sheet of card paper costs ₹15. What is the greatest number of sheets of card paper Aarav can buy?
  13. 13.Arjun has a budget of ₹1000. The stock costs ₹450 and the stall fee is ₹600. Is the budget enough? (a) Yes (b) No
  14. 14.True or false: “sugar” is a one-time cost. (a) True (b) False
  15. 15.Nisha plans to make 17 painted pebbles. Each needs ₹3 of materials, and a banner costs ₹100 once. What total budget is needed (in ₹)?
  16. 16.🔍 Which is the odd one out? (a) paper cups (b) a folding table (c) a juicer (d) a cash box
  17. 17.Aarav plans to make 41 cups of lemonade. Each needs ₹7 of materials, and a banner costs ₹140 once. What total budget is needed (in ₹)?
  18. 18.Aarav’s stall budget is ₹630. Paper cups cost ₹70, pots cost ₹190 and lemons cost ₹160. How many rupees of the budget are left?
  19. 19.Saanvi plans to make 43 glasses of chai. Each needs ₹4 of materials, and a banner costs ₹180 once. What total budget is needed (in ₹)?
  20. 20.Ishaan plans to make 36 jute bags. Each needs ₹8 of materials, and a banner costs ₹70 once. What total budget is needed (in ₹)?
  21. 21.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  22. 22.Ishaan has ₹120 to spend on packs of cups. One pack of cups costs ₹8. What is the greatest number of packs of cups Ishaan can buy?
  23. 23.Aarav has a budget of ₹300. The stock costs ₹60 and the stall fee is ₹210. Is the budget enough? (a) No (b) Yes
  24. 24.Which of these is a one-time cost? (a) tea leaves and milk (b) seeds and soil (c) lemons (d) a cash box
  25. 25.📒 One-time cost or running cost: tea leaves and milk? (a) a running cost (b) a one-time cost
  26. 26.Arjun’s stall budget is ₹590. Pots cost ₹110, paper cups cost ₹240 and card paper cost ₹30. How many rupees of the budget are left?
  27. 27.Zoya has ₹180 to spend on rolls of ribbon. One roll of ribbon costs ₹12. What is the greatest number of rolls of ribbon Zoya can buy?
  28. 28.🔍 Which is the odd one out? (a) a folding table (b) a price board (c) a cooler box (d) ice
  29. 29.True or false: “sugar” is a running cost. (a) False (b) True
  30. 30.Which of these is a one-time cost? (a) seeds and soil (b) card paper (c) a cooler box (d) lemons
  31. 31.Farhan has ₹70 to spend on packs of cups. One pack of cups costs ₹8. What is the greatest number of packs of cups Farhan can buy?
  32. 32.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
  33. 33.Nisha has ₹490 to spend on rolls of ribbon. One roll of ribbon costs ₹20. What is the greatest number of rolls of ribbon Nisha can buy?
  34. 34.🔍 Which is the odd one out? (a) a cash box (b) card paper (c) sugar (d) lemons
  35. 35.Rohan has a budget of ₹800. The stock costs ₹390 and the stall fee is ₹450. Is the budget enough? (a) No (b) Yes
  36. 36.True or false: “a price board” is a running cost. (a) True (b) False
  37. 37.Dev’s stall budget is ₹450. Pots cost ₹50, seeds cost ₹290 and ribbon cost ₹60. How many rupees of the budget are left?
  38. 38.📒 One-time cost or running cost: sugar? (a) a running cost (b) a one-time cost
  39. 39.Which of these is a running cost? (a) a folding table (b) a price board (c) a cloth banner (d) paper cups
  40. 40.Nisha has a budget of ₹600. The stock costs ₹70 and the stall fee is ₹570. Is the budget enough? (a) No (b) Yes

Answer key

  1. Yes
  2. card paper
  3. True
  4. True
  5. True
  6. 490
  7. a running cost
  8. 130
  9. 200
  10. tea leaves and milk
  11. 5
  12. 8
  13. No
  14. False
  15. 151
  16. paper cups
  17. 427
  18. 210
  19. 352
  20. 358
  21. a one-time cost
  22. 15
  23. Yes
  24. a cash box
  25. a running cost
  26. 210
  27. 15
  28. ice
  29. True
  30. a cooler box
  31. 8
  32. a one-time cost
  33. 24
  34. a cash box
  35. No
  36. False
  37. 50
  38. a running cost
  39. paper cups
  40. No

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