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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 496 · 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.Nisha’s stall budget is ₹850. Sugar cost ₹160, a banner cost ₹300 and a price board cost ₹180. How many rupees of the budget are left?
  2. 2.Zoya’s stall budget is ₹690. A banner cost ₹130, paper cups cost ₹30 and lemons cost ₹260. How many rupees of the budget are left?
  3. 3.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
  4. 4.True or false: “a juicer” is a running cost. (a) True (b) False
  5. 5.Zoya’s stall budget is ₹650. A price board cost ₹70, lemons cost ₹170 and card paper cost ₹120. How many rupees of the budget are left?
  6. 6.True or false: “ice” is a one-time cost. (a) True (b) False
  7. 7.Tara has a budget of ₹800. The stock costs ₹180 and the stall fee is ₹590. Is the budget enough? (a) No (b) Yes
  8. 8.Gurpreet has ₹110 to spend on sheets of card paper. One sheet of card paper costs ₹12. What is the greatest number of sheets of card paper Gurpreet can buy?
  9. 9.Which of these is a one-time cost? (a) ice (b) tea leaves and milk (c) card paper (d) a cooler box
  10. 10.📒 One-time cost or running cost: a cooler box? (a) a one-time cost (b) a running cost
  11. 11.True or false: “a price board” is a running cost. (a) True (b) False
  12. 12.True or false: “a cloth banner” is a one-time cost. (a) False (b) True
  13. 13.Kabir has a budget of ₹600. The stock costs ₹110 and the stall fee is ₹480. Is the budget enough? (a) Yes (b) No
  14. 14.True or false: “seeds and soil” is a one-time cost. (a) True (b) False
  15. 15.Kabir has ₹390 to spend on sheets of card paper. One sheet of card paper costs ₹12. What is the greatest number of sheets of card paper Kabir can buy?
  16. 16.Which of these is a running cost? (a) a price board (b) a folding table (c) a cooler box (d) ice
  17. 17.True or false: “seeds and soil” is a running cost. (a) True (b) False
  18. 18.True or false: “a cash box” is a one-time cost. (a) True (b) False
  19. 19.Vihaan has a budget of ₹400. The stock costs ₹170 and the stall fee is ₹210. Is the budget enough? (a) No (b) Yes
  20. 20.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  21. 21.🔍 Which is the odd one out? (a) a juicer (b) ice (c) seeds and soil (d) tea leaves and milk
  22. 22.True or false: “a cooler box” is a one-time cost. (a) False (b) True
  23. 23.Nisha has a budget of ₹900. The stock costs ₹80 and the stall fee is ₹770. Is the budget enough? (a) Yes (b) No
  24. 24.Which of these is a one-time cost? (a) paper cups (b) lemons (c) seeds and soil (d) a folding table
  25. 25.True or false: “paper cups” is a one-time cost. (a) False (b) True
  26. 26.Farhan has a budget of ₹300. The stock costs ₹120 and the stall fee is ₹210. Is the budget enough? (a) No (b) Yes
  27. 27.Kavya has a budget of ₹700. The stock costs ₹100 and the stall fee is ₹560. Is the budget enough? (a) Yes (b) No
  28. 28.Meera plans to make 19 fruit cups. Each needs ₹7 of materials, and a banner costs ₹170 once. What total budget is needed (in ₹)?
  29. 29.Which of these is a running cost? (a) paper cups (b) a price board (c) a cash box (d) a juicer
  30. 30.Kabir has a budget of ₹500. The stock costs ₹110 and the stall fee is ₹350. Is the budget enough? (a) Yes (b) No
  31. 31.Gurpreet has a budget of ₹900. The stock costs ₹320 and the stall fee is ₹610. Is the budget enough? (a) Yes (b) No
  32. 32.Saanvi has ₹410 to spend on packets of seeds. One packet of seeds costs ₹12. What is the greatest number of packets of seeds Saanvi can buy?
  33. 33.Farhan plans to make 37 paper bookmarks. Each needs ₹5 of materials, and a banner costs ₹130 once. What total budget is needed (in ₹)?
  34. 34.📒 One-time cost or running cost: sugar? (a) a one-time cost (b) a running cost
  35. 35.🔍 Which is the odd one out? (a) a juicer (b) a cash box (c) sugar (d) a cloth banner
  36. 36.📒 One-time cost or running cost: card paper? (a) a one-time cost (b) a running cost
  37. 37.📒 One-time cost or running cost: a cash box? (a) a one-time cost (b) a running cost
  38. 38.Zoya has ₹310 to spend on packets of seeds. One packet of seeds costs ₹12. What is the greatest number of packets of seeds Zoya can buy?
  39. 39.Ishaan’s stall budget is ₹560. Pots cost ₹100, seeds cost ₹130 and a banner cost ₹40. How many rupees of the budget are left?
  40. 40.Arjun has ₹160 to spend on rolls of ribbon. One roll of ribbon costs ₹10. What is the greatest number of rolls of ribbon Arjun can buy?

Answer key

  1. 210
  2. 270
  3. a one-time cost
  4. False
  5. 290
  6. False
  7. Yes
  8. 9
  9. a cooler box
  10. a one-time cost
  11. False
  12. True
  13. Yes
  14. False
  15. 32
  16. ice
  17. True
  18. True
  19. Yes
  20. a one-time cost
  21. a juicer
  22. True
  23. Yes
  24. a folding table
  25. False
  26. No
  27. Yes
  28. 303
  29. paper cups
  30. Yes
  31. No
  32. 34
  33. 315
  34. a running cost
  35. sugar
  36. a running cost
  37. a one-time cost
  38. 25
  39. 290
  40. 16

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