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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 592 · 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.📒 One-time cost or running cost: tea leaves and milk? (a) a running cost (b) a one-time cost
  2. 2.Farhan’s stall budget is ₹560. Sugar cost ₹290, a price board cost ₹90 and lemons cost ₹170. How many rupees of the budget are left?
  3. 3.Saanvi has ₹500 to spend on lemons. One lemon costs ₹8. What is the greatest number of lemons Saanvi can buy?
  4. 4.Gurpreet has ₹420 to spend on sheets of card paper. One sheet of card paper costs ₹4. What is the greatest number of sheets of card paper Gurpreet can buy?
  5. 5.Joseph has a budget of ₹900. The stock costs ₹300 and the stall fee is ₹560. Is the budget enough? (a) Yes (b) No
  6. 6.Tara’s stall budget is ₹540. Card paper cost ₹100, a banner cost ₹140 and napkins cost ₹160. How many rupees of the budget are left?
  7. 7.Vihaan’s stall budget is ₹500. Lemons cost ₹50, card paper cost ₹50 and seeds cost ₹290. How many rupees of the budget are left?
  8. 8.Riya’s stall budget is ₹900. A banner cost ₹270, napkins cost ₹270 and paper cups cost ₹110. How many rupees of the budget are left?
  9. 9.Which of these is a one-time cost? (a) paper cups (b) a cash box (c) ice (d) card paper
  10. 10.Rohan’s stall budget is ₹620. Lemons cost ₹150, card paper cost ₹80 and napkins cost ₹120. How many rupees of the budget are left?
  11. 11.Kabir has ₹330 to spend on sheets of card paper. One sheet of card paper costs ₹15. What is the greatest number of sheets of card paper Kabir can buy?
  12. 12.📒 One-time cost or running cost: a cloth banner? (a) a one-time cost (b) a running cost
  13. 13.Which of these is a one-time cost? (a) a cloth banner (b) seeds and soil (c) sugar (d) ice
  14. 14.Which of these is a one-time cost? (a) lemons (b) tea leaves and milk (c) a juicer (d) sugar
  15. 15.Joseph has ₹160 to spend on sheets of card paper. One sheet of card paper costs ₹20. What is the greatest number of sheets of card paper Joseph can buy?
  16. 16.🔍 Which is the odd one out? (a) a folding table (b) ice (c) a price board (d) a cooler box
  17. 17.🔍 Which is the odd one out? (a) a folding table (b) a cloth banner (c) a cooler box (d) tea leaves and milk
  18. 18.Which of these is a one-time cost? (a) a cooler box (b) seeds and soil (c) paper cups (d) card paper
  19. 19.Which of these is a running cost? (a) seeds and soil (b) a cash box (c) a juicer (d) a price board
  20. 20.🔍 Which is the odd one out? (a) sugar (b) a folding table (c) tea leaves and milk (d) ice
  21. 21.Zoya has ₹350 to spend on rolls of ribbon. One roll of ribbon costs ₹10. What is the greatest number of rolls of ribbon Zoya can buy?
  22. 22.True or false: “a juicer” is a running cost. (a) True (b) False
  23. 23.Which of these is a running cost? (a) a price board (b) paper cups (c) a folding table (d) a cloth banner
  24. 24.Which of these is a running cost? (a) a price board (b) a cloth banner (c) a cash box (d) lemons
  25. 25.Aarav plans to make 17 potted plants. Each needs ₹8 of materials, and a banner costs ₹240 once. What total budget is needed (in ₹)?
  26. 26.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
  27. 27.Which of these is a one-time cost? (a) paper cups (b) a folding table (c) tea leaves and milk (d) lemons
  28. 28.Meera plans to make 44 cups of lemonade. Each needs ₹10 of materials, and a banner costs ₹220 once. What total budget is needed (in ₹)?
  29. 29.Farhan has a budget of ₹300. The stock costs ₹130 and the stall fee is ₹140. Is the budget enough? (a) No (b) Yes
  30. 30.📒 One-time cost or running cost: card paper? (a) a one-time cost (b) a running cost
  31. 31.📒 One-time cost or running cost: a cash box? (a) a one-time cost (b) a running cost
  32. 32.True or false: “a cooler box” is a one-time cost. (a) False (b) True
  33. 33.Farhan’s stall budget is ₹790. Seeds cost ₹260, pots cost ₹280 and a price board cost ₹90. How many rupees of the budget are left?
  34. 34.Kavya plans to make 48 cups of lemonade. Each needs ₹4 of materials, and a banner costs ₹220 once. What total budget is needed (in ₹)?
  35. 35.Which of these is a one-time cost? (a) sugar (b) a price board (c) lemons (d) ice
  36. 36.True or false: “a cash box” is a running cost. (a) True (b) False
  37. 37.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost
  38. 38.Kabir’s stall budget is ₹490. Sugar cost ₹200, a price board cost ₹220 and seeds cost ₹30. How many rupees of the budget are left?
  39. 39.📒 One-time cost or running cost: seeds and soil? (a) a running cost (b) a one-time cost
  40. 40.True or false: “tea leaves and milk” is a one-time cost. (a) True (b) False

Answer key

  1. a running cost
  2. 10
  3. 62
  4. 105
  5. Yes
  6. 140
  7. 110
  8. 250
  9. a cash box
  10. 270
  11. 22
  12. a one-time cost
  13. a cloth banner
  14. a juicer
  15. 8
  16. ice
  17. tea leaves and milk
  18. a cooler box
  19. seeds and soil
  20. a folding table
  21. 35
  22. False
  23. paper cups
  24. lemons
  25. 376
  26. a one-time cost
  27. a folding table
  28. 660
  29. Yes
  30. a running cost
  31. a one-time cost
  32. True
  33. 160
  34. 412
  35. a price board
  36. False
  37. a one-time cost
  38. 40
  39. a running cost
  40. False

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