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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 599 · 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.True or false: “a cooler box” is a running cost. (a) False (b) True
  2. 2.Joseph has ₹80 to spend on packets of seeds. One packet of seeds costs ₹10. What is the greatest number of packets of seeds Joseph can buy?
  3. 3.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  4. 4.Zoya has ₹350 to spend on rolls of ribbon. One roll of ribbon costs ₹4. What is the greatest number of rolls of ribbon Zoya can buy?
  5. 5.🔍 Which is the odd one out? (a) a folding table (b) a price board (c) a cloth banner (d) lemons
  6. 6.🔍 Which is the odd one out? (a) a cash box (b) card paper (c) tea leaves and milk (d) lemons
  7. 7.🔍 Which is the odd one out? (a) a cloth banner (b) a folding table (c) card paper (d) a juicer
  8. 8.Which of these is a one-time cost? (a) a folding table (b) tea leaves and milk (c) lemons (d) ice
  9. 9.🔍 Which is the odd one out? (a) ice (b) a folding table (c) card paper (d) paper cups
  10. 10.Riya has ₹100 to spend on rolls of ribbon. One roll of ribbon costs ₹4. What is the greatest number of rolls of ribbon Riya can buy?
  11. 11.Meera has a budget of ₹700. The stock costs ₹100 and the stall fee is ₹630. Is the budget enough? (a) No (b) Yes
  12. 12.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  13. 13.Ananya has ₹410 to spend on rolls of ribbon. One roll of ribbon costs ₹5. What is the greatest number of rolls of ribbon Ananya can buy?
  14. 14.🔍 Which is the odd one out? (a) a folding table (b) a cooler box (c) a juicer (d) sugar
  15. 15.📒 One-time cost or running cost: tea leaves and milk? (a) a running cost (b) a one-time cost
  16. 16.Joseph has ₹80 to spend on lemons. One lemon costs ₹4. What is the greatest number of lemons Joseph can buy?
  17. 17.True or false: “sugar” is a running cost. (a) False (b) True
  18. 18.Kabir’s stall budget is ₹600. A banner cost ₹190, card paper cost ₹270 and pots cost ₹70. How many rupees of the budget are left?
  19. 19.Ishaan’s stall budget is ₹630. Seeds cost ₹210, napkins cost ₹110 and card paper cost ₹50. How many rupees of the budget are left?
  20. 20.Lakshmi’s stall budget is ₹720. Napkins cost ₹230, sugar cost ₹20 and a banner cost ₹260. How many rupees of the budget are left?
  21. 21.🔍 Which is the odd one out? (a) a folding table (b) a price board (c) a cash box (d) paper cups
  22. 22.True or false: “sugar” is a one-time cost. (a) True (b) False
  23. 23.True or false: “a juicer” is a running cost. (a) True (b) False
  24. 24.🔍 Which is the odd one out? (a) card paper (b) paper cups (c) a price board (d) lemons
  25. 25.Kavya has ₹50 to spend on rolls of ribbon. One roll of ribbon costs ₹4. What is the greatest number of rolls of ribbon Kavya can buy?
  26. 26.📒 One-time cost or running cost: a cooler box? (a) a one-time cost (b) a running cost
  27. 27.Arjun plans to make 31 friendship bands. Each needs ₹10 of materials, and a banner costs ₹250 once. What total budget is needed (in ₹)?
  28. 28.Arjun has ₹70 to spend on lemons. One lemon costs ₹6. What is the greatest number of lemons Arjun can buy?
  29. 29.Lakshmi has ₹260 to spend on packs of cups. One pack of cups costs ₹6. What is the greatest number of packs of cups Lakshmi can buy?
  30. 30.Dev has a budget of ₹500. The stock costs ₹140 and the stall fee is ₹310. Is the budget enough? (a) Yes (b) No
  31. 31.True or false: “a price board” is a one-time cost. (a) False (b) True
  32. 32.Which of these is a one-time cost? (a) tea leaves and milk (b) lemons (c) paper cups (d) a cash box
  33. 33.Which of these is a running cost? (a) a cooler box (b) a price board (c) card paper (d) a folding table
  34. 34.Ishaan plans to make 36 potted plants. Each needs ₹8 of materials, and a banner costs ₹70 once. What total budget is needed (in ₹)?
  35. 35.Lakshmi has ₹420 to spend on packs of cups. One pack of cups costs ₹15. What is the greatest number of packs of cups Lakshmi can buy?
  36. 36.📒 One-time cost or running cost: seeds and soil? (a) a one-time cost (b) a running cost
  37. 37.Vihaan has a budget of ₹900. The stock costs ₹50 and the stall fee is ₹900. Is the budget enough? (a) Yes (b) No
  38. 38.True or false: “a cloth banner” is a running cost. (a) False (b) True
  39. 39.📒 One-time cost or running cost: card paper? (a) a one-time cost (b) a running cost
  40. 40.📒 One-time cost or running cost: ice? (a) a running cost (b) a one-time cost

Answer key

  1. False
  2. 8
  3. a one-time cost
  4. 87
  5. lemons
  6. a cash box
  7. card paper
  8. a folding table
  9. a folding table
  10. 25
  11. No
  12. a one-time cost
  13. 82
  14. sugar
  15. a running cost
  16. 20
  17. True
  18. 70
  19. 260
  20. 210
  21. paper cups
  22. False
  23. False
  24. a price board
  25. 12
  26. a one-time cost
  27. 560
  28. 11
  29. 43
  30. Yes
  31. True
  32. a cash box
  33. card paper
  34. 358
  35. 28
  36. a running cost
  37. No
  38. False
  39. a running cost
  40. a running cost

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