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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 559 · 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.

NameDateTime takenScore ___ / 40
  1. 1.True or false: “a price board” is a running cost. (a) True (b) False
  2. 2.Kabir has ₹440 to spend on sheets of card paper. One sheet of card paper costs ₹5. What is the greatest number of sheets of card paper Kabir can buy?
  3. 3.True or false: “a cloth banner” is a running cost. (a) True (b) False
  4. 4.Which of these is a running cost? (a) a cash box (b) a cooler box (c) a folding table (d) card paper
  5. 5.Which of these is a one-time cost? (a) tea leaves and milk (b) ice (c) a cloth banner (d) seeds and soil
  6. 6.True or false: “a cash box” is a one-time cost. (a) True (b) False
  7. 7.Which of these is a one-time cost? (a) ice (b) tea leaves and milk (c) paper cups (d) a cooler box
  8. 8.🔍 Which is the odd one out? (a) a cloth banner (b) a cooler box (c) paper cups (d) a juicer
  9. 9.Kabir’s stall budget is ₹640. Paper cups cost ₹130, a price board cost ₹140 and lemons cost ₹80. How many rupees of the budget are left?
  10. 10.Arjun has ₹450 to spend on lemons. One lemon costs ₹12. What is the greatest number of lemons Arjun can buy?
  11. 11.📒 One-time cost or running cost: seeds and soil? (a) a one-time cost (b) a running cost
  12. 12.True or false: “a cash box” is a running cost. (a) True (b) False
  13. 13.📒 One-time cost or running cost: lemons? (a) a running cost (b) a one-time cost
  14. 14.Vihaan’s stall budget is ₹370. Lemons cost ₹30, ribbon cost ₹80 and paper cups cost ₹30. How many rupees of the budget are left?
  15. 15.Which of these is a running cost? (a) a price board (b) a folding table (c) tea leaves and milk (d) a cash box
  16. 16.Which of these is a one-time cost? (a) card paper (b) seeds and soil (c) paper cups (d) a folding table
  17. 17.🔍 Which is the odd one out? (a) a cash box (b) a cooler box (c) seeds and soil (d) a price board
  18. 18.📒 One-time cost or running cost: a cloth banner? (a) a one-time cost (b) a running cost
  19. 19.Aarav has ₹70 to spend on rolls of ribbon. One roll of ribbon costs ₹5. What is the greatest number of rolls of ribbon Aarav can buy?
  20. 20.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost
  21. 21.🔍 Which is the odd one out? (a) ice (b) seeds and soil (c) paper cups (d) a cloth banner
  22. 22.🔍 Which is the odd one out? (a) a cooler box (b) a cloth banner (c) a folding table (d) lemons
  23. 23.🔍 Which is the odd one out? (a) card paper (b) lemons (c) a folding table (d) sugar
  24. 24.Lakshmi has a budget of ₹300. The stock costs ₹120 and the stall fee is ₹230. Is the budget enough? (a) Yes (b) No
  25. 25.🔍 Which is the odd one out? (a) a cooler box (b) a price board (c) a folding table (d) card paper
  26. 26.🔍 Which is the odd one out? (a) lemons (b) card paper (c) seeds and soil (d) a cooler box
  27. 27.📒 One-time cost or running cost: paper cups? (a) a running cost (b) a one-time cost
  28. 28.Which of these is a running cost? (a) a price board (b) ice (c) a folding table (d) a cash box
  29. 29.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  30. 30.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  31. 31.Farhan has ₹400 to spend on packets of seeds. One packet of seeds costs ₹6. What is the greatest number of packets of seeds Farhan can buy?
  32. 32.Which of these is a running cost? (a) a cooler box (b) a price board (c) paper cups (d) a cash box
  33. 33.Ishaan has ₹450 to spend on lemons. One lemon costs ₹10. What is the greatest number of lemons Ishaan can buy?
  34. 34.Diya’s stall budget is ₹590. Sugar cost ₹50, a banner cost ₹240 and ribbon cost ₹110. How many rupees of the budget are left?
  35. 35.📒 One-time cost or running cost: sugar? (a) a one-time cost (b) a running cost
  36. 36.Lakshmi plans to make 10 potted plants. Each needs ₹4 of materials, and a banner costs ₹120 once. What total budget is needed (in ₹)?
  37. 37.True or false: “a price board” is a one-time cost. (a) True (b) False
  38. 38.Saanvi plans to make 42 jute bags. Each needs ₹6 of materials, and a banner costs ₹100 once. What total budget is needed (in ₹)?
  39. 39.Ananya has ₹420 to spend on lemons. One lemon costs ₹6. What is the greatest number of lemons Ananya can buy?
  40. 40.True or false: “a cooler box” is a running cost. (a) True (b) False

Answer key

  1. False
  2. 88
  3. False
  4. card paper
  5. a cloth banner
  6. True
  7. a cooler box
  8. paper cups
  9. 290
  10. 37
  11. a running cost
  12. False
  13. a running cost
  14. 230
  15. tea leaves and milk
  16. a folding table
  17. seeds and soil
  18. a one-time cost
  19. 14
  20. a one-time cost
  21. a cloth banner
  22. lemons
  23. a folding table
  24. No
  25. card paper
  26. a cooler box
  27. a running cost
  28. ice
  29. a one-time cost
  30. a one-time cost
  31. 66
  32. paper cups
  33. 45
  34. 190
  35. a running cost
  36. 160
  37. True
  38. 352
  39. 70
  40. False

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