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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 554 · 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.📒 One-time cost or running cost: a cooler box? (a) a one-time cost (b) a running cost
  2. 2.Which of these is a running cost? (a) a cash box (b) a cloth banner (c) ice (d) a juicer
  3. 3.📒 One-time cost or running cost: a cash box? (a) a one-time cost (b) a running cost
  4. 4.Meera’s stall budget is ₹700. A price board cost ₹140, napkins cost ₹210 and seeds cost ₹210. How many rupees of the budget are left?
  5. 5.Which of these is a running cost? (a) a price board (b) a cash box (c) a juicer (d) paper cups
  6. 6.Gurpreet has ₹270 to spend on rolls of ribbon. One roll of ribbon costs ₹5. What is the greatest number of rolls of ribbon Gurpreet can buy?
  7. 7.True or false: “a cloth banner” is a running cost. (a) False (b) True
  8. 8.Ananya’s stall budget is ₹540. Paper cups cost ₹120, seeds cost ₹180 and pots cost ₹160. How many rupees of the budget are left?
  9. 9.True or false: “lemons” is a one-time cost. (a) False (b) True
  10. 10.🔍 Which is the odd one out? (a) lemons (b) a folding table (c) a cooler box (d) a price board
  11. 11.Meera has ₹160 to spend on lemons. One lemon costs ₹5. What is the greatest number of lemons Meera can buy?
  12. 12.True or false: “a price board” is a running cost. (a) False (b) True
  13. 13.Which of these is a one-time cost? (a) paper cups (b) card paper (c) sugar (d) a cooler box
  14. 14.Diya plans to make 35 friendship bands. Each needs ₹10 of materials, and a banner costs ₹50 once. What total budget is needed (in ₹)?
  15. 15.🔍 Which is the odd one out? (a) tea leaves and milk (b) lemons (c) a price board (d) paper cups
  16. 16.🔍 Which is the odd one out? (a) seeds and soil (b) a folding table (c) lemons (d) card paper
  17. 17.📒 One-time cost or running cost: a cloth banner? (a) a one-time cost (b) a running cost
  18. 18.Farhan has a budget of ₹400. The stock costs ₹80 and the stall fee is ₹280. Is the budget enough? (a) No (b) Yes
  19. 19.Rohan has a budget of ₹300. The stock costs ₹60 and the stall fee is ₹250. Is the budget enough? (a) Yes (b) No
  20. 20.True or false: “a cash box” is a one-time cost. (a) True (b) False
  21. 21.Kabir has ₹290 to spend on packs of cups. One pack of cups costs ₹5. What is the greatest number of packs of cups Kabir can buy?
  22. 22.Zoya has a budget of ₹700. The stock costs ₹70 and the stall fee is ₹590. Is the budget enough? (a) No (b) Yes
  23. 23.True or false: “a cash box” is a running cost. (a) True (b) False
  24. 24.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost
  25. 25.Which of these is a running cost? (a) a juicer (b) card paper (c) a folding table (d) a price board
  26. 26.Diya has ₹120 to spend on lemons. One lemon costs ₹10. What is the greatest number of lemons Diya can buy?
  27. 27.Rohan has ₹330 to spend on packets of seeds. One packet of seeds costs ₹10. What is the greatest number of packets of seeds Rohan can buy?
  28. 28.Lakshmi plans to make 10 handmade cards. Each needs ₹8 of materials, and a banner costs ₹60 once. What total budget is needed (in ₹)?
  29. 29.True or false: “ice” is a running cost. (a) False (b) True
  30. 30.Kabir has ₹400 to spend on rolls of ribbon. One roll of ribbon costs ₹12. What is the greatest number of rolls of ribbon Kabir can buy?
  31. 31.Meera’s stall budget is ₹410. A banner cost ₹30, sugar cost ₹300 and paper cups cost ₹70. How many rupees of the budget are left?
  32. 32.Meera has ₹420 to spend on sheets of card paper. One sheet of card paper costs ₹12. What is the greatest number of sheets of card paper Meera can buy?
  33. 33.Riya has ₹330 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?
  34. 34.📒 One-time cost or running cost: paper cups? (a) a one-time cost (b) a running cost
  35. 35.Lakshmi’s stall budget is ₹790. A price board cost ₹250, sugar cost ₹150 and card paper cost ₹200. How many rupees of the budget are left?
  36. 36.True or false: “a folding table” is a running cost. (a) True (b) False
  37. 37.True or false: “tea leaves and milk” is a running cost. (a) False (b) True
  38. 38.Which of these is a running cost? (a) a juicer (b) a price board (c) a cash box (d) lemons
  39. 39.🔍 Which is the odd one out? (a) a price board (b) a cloth banner (c) a cash box (d) paper cups
  40. 40.Farhan’s stall budget is ₹590. Paper cups cost ₹30, a banner cost ₹270 and pots cost ₹260. How many rupees of the budget are left?

Answer key

  1. a one-time cost
  2. ice
  3. a one-time cost
  4. 140
  5. paper cups
  6. 54
  7. False
  8. 80
  9. False
  10. lemons
  11. 32
  12. False
  13. a cooler box
  14. 400
  15. a price board
  16. a folding table
  17. a one-time cost
  18. Yes
  19. No
  20. True
  21. 58
  22. Yes
  23. False
  24. a one-time cost
  25. card paper
  26. 12
  27. 33
  28. 140
  29. True
  30. 33
  31. 10
  32. 35
  33. 55
  34. a running cost
  35. 190
  36. False
  37. True
  38. lemons
  39. paper cups
  40. 30

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