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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 605 · 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.🔍 Which is the odd one out? (a) a folding table (b) tea leaves and milk (c) lemons (d) seeds and soil
  2. 2.True or false: “seeds and soil” is a running cost. (a) True (b) False
  3. 3.Riya has ₹280 to spend on sheets of card paper. One sheet of card paper costs ₹5. What is the greatest number of sheets of card paper Riya can buy?
  4. 4.Which of these is a running cost? (a) a price board (b) a cooler box (c) lemons (d) a folding table
  5. 5.Dev has ₹250 to spend on packets of seeds. One packet of seeds costs ₹20. What is the greatest number of packets of seeds Dev can buy?
  6. 6.True or false: “a price board” is a one-time cost. (a) False (b) True
  7. 7.📒 One-time cost or running cost: seeds and soil? (a) a one-time cost (b) a running cost
  8. 8.📒 One-time cost or running cost: card paper? (a) a one-time cost (b) a running cost
  9. 9.📒 One-time cost or running cost: a cash box? (a) a one-time cost (b) a running cost
  10. 10.Riya plans to make 13 cupcakes. Each needs ₹8 of materials, and a banner costs ₹240 once. What total budget is needed (in ₹)?
  11. 11.Kavya’s stall budget is ₹480. Ribbon cost ₹60, paper cups cost ₹90 and a banner cost ₹190. How many rupees of the budget are left?
  12. 12.True or false: “a cash box” is a one-time cost. (a) True (b) False
  13. 13.Which of these is a one-time cost? (a) lemons (b) a cooler box (c) paper cups (d) tea leaves and milk
  14. 14.Kavya’s stall budget is ₹910. Napkins cost ₹280, pots cost ₹230 and paper cups cost ₹130. How many rupees of the budget are left?
  15. 15.Zoya plans to make 12 paper bookmarks. Each needs ₹4 of materials, and a banner costs ₹240 once. What total budget is needed (in ₹)?
  16. 16.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  17. 17.Zoya has ₹490 to spend on lemons. One lemon costs ₹6. What is the greatest number of lemons Zoya can buy?
  18. 18.True or false: “card paper” is a one-time cost. (a) False (b) True
  19. 19.Meera plans to make 17 friendship bands. Each needs ₹10 of materials, and a banner costs ₹80 once. What total budget is needed (in ₹)?
  20. 20.🔍 Which is the odd one out? (a) a cash box (b) a folding table (c) a juicer (d) tea leaves and milk
  21. 21.🔍 Which is the odd one out? (a) lemons (b) a juicer (c) tea leaves and milk (d) seeds and soil
  22. 22.Dev has a budget of ₹400. The stock costs ₹120 and the stall fee is ₹330. Is the budget enough? (a) Yes (b) No
  23. 23.Ishaan has a budget of ₹400. The stock costs ₹150 and the stall fee is ₹270. Is the budget enough? (a) Yes (b) No
  24. 24.True or false: “seeds and soil” is a one-time cost. (a) False (b) True
  25. 25.Which of these is a running cost? (a) sugar (b) a price board (c) a folding table (d) a cooler box
  26. 26.Joseph plans to make 38 potted plants. Each needs ₹9 of materials, and a banner costs ₹160 once. What total budget is needed (in ₹)?
  27. 27.Dev has ₹280 to spend on rolls of ribbon. One roll of ribbon costs ₹20. What is the greatest number of rolls of ribbon Dev can buy?
  28. 28.Tara’s stall budget is ₹610. Lemons cost ₹50, sugar cost ₹190 and a price board cost ₹120. How many rupees of the budget are left?
  29. 29.🔍 Which is the odd one out? (a) lemons (b) seeds and soil (c) sugar (d) a cooler box
  30. 30.Nisha has a budget of ₹400. The stock costs ₹90 and the stall fee is ₹280. Is the budget enough? (a) Yes (b) No
  31. 31.Rohan’s stall budget is ₹510. Paper cups cost ₹280, lemons cost ₹140 and ribbon cost ₹60. How many rupees of the budget are left?
  32. 32.Kabir has ₹470 to spend on packs of cups. One pack of cups costs ₹6. What is the greatest number of packs of cups Kabir can buy?
  33. 33.📒 One-time cost or running cost: sugar? (a) a running cost (b) a one-time cost
  34. 34.🔍 Which is the odd one out? (a) paper cups (b) card paper (c) tea leaves and milk (d) a cloth banner
  35. 35.Which of these is a one-time cost? (a) sugar (b) a folding table (c) card paper (d) paper cups
  36. 36.Riya has ₹230 to spend on sheets of card paper. One sheet of card paper costs ₹15. What is the greatest number of sheets of card paper Riya can buy?
  37. 37.Which of these is a one-time cost? (a) lemons (b) seeds and soil (c) a price board (d) sugar
  38. 38.Meera’s stall budget is ₹860. Card paper cost ₹120, ribbon cost ₹270 and sugar cost ₹290. How many rupees of the budget are left?
  39. 39.Joseph plans to make 38 potted plants. Each needs ₹4 of materials, and a banner costs ₹80 once. What total budget is needed (in ₹)?
  40. 40.True or false: “a juicer” is a running cost. (a) True (b) False

Answer key

  1. a folding table
  2. True
  3. 56
  4. lemons
  5. 12
  6. True
  7. a running cost
  8. a running cost
  9. a one-time cost
  10. 344
  11. 140
  12. True
  13. a cooler box
  14. 270
  15. 288
  16. a one-time cost
  17. 81
  18. False
  19. 250
  20. tea leaves and milk
  21. a juicer
  22. No
  23. No
  24. False
  25. sugar
  26. 502
  27. 14
  28. 250
  29. a cooler box
  30. Yes
  31. 30
  32. 78
  33. a running cost
  34. a cloth banner
  35. a folding table
  36. 15
  37. a price board
  38. 180
  39. 232
  40. False

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