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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 610 · 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 of these is a running cost? (a) a cloth banner (b) a cash box (c) a juicer (d) lemons
  2. 2.Which of these is a one-time cost? (a) tea leaves and milk (b) a cash box (c) sugar (d) seeds and soil
  3. 3.True or false: “ice” is a one-time cost. (a) True (b) False
  4. 4.Tara has a budget of ₹800. The stock costs ₹90 and the stall fee is ₹740. Is the budget enough? (a) No (b) Yes
  5. 5.📒 One-time cost or running cost: seeds and soil? (a) a running cost (b) a one-time cost
  6. 6.📒 One-time cost or running cost: sugar? (a) a running cost (b) a one-time cost
  7. 7.Saanvi’s stall budget is ₹440. A banner cost ₹20, ribbon cost ₹220 and card paper cost ₹80. How many rupees of the budget are left?
  8. 8.🔍 Which is the odd one out? (a) a cooler box (b) tea leaves and milk (c) a cloth banner (d) a juicer
  9. 9.Rohan has ₹50 to spend on packs of cups. One pack of cups costs ₹6. What is the greatest number of packs of cups Rohan can buy?
  10. 10.🔍 Which is the odd one out? (a) ice (b) a juicer (c) a price board (d) a cooler box
  11. 11.Vihaan plans to make 35 jute bags. Each needs ₹9 of materials, and a banner costs ₹50 once. What total budget is needed (in ₹)?
  12. 12.Rohan plans to make 34 handmade cards. Each needs ₹5 of materials, and a banner costs ₹280 once. What total budget is needed (in ₹)?
  13. 13.Dev’s stall budget is ₹670. Sugar cost ₹200, lemons cost ₹160 and paper cups cost ₹80. How many rupees of the budget are left?
  14. 14.Diya has ₹330 to spend on lemons. One lemon costs ₹15. What is the greatest number of lemons Diya can buy?
  15. 15.Which of these is a running cost? (a) a folding table (b) card paper (c) a cooler box (d) a juicer
  16. 16.Which of these is a running cost? (a) a price board (b) a cash box (c) a juicer (d) seeds and soil
  17. 17.Which of these is a one-time cost? (a) a cooler box (b) paper cups (c) lemons (d) card paper
  18. 18.📒 One-time cost or running cost: card paper? (a) a running cost (b) a one-time cost
  19. 19.📒 One-time cost or running cost: paper cups? (a) a one-time cost (b) a running cost
  20. 20.True or false: “a folding table” is a running cost. (a) False (b) True
  21. 21.🔍 Which is the odd one out? (a) a cloth banner (b) sugar (c) card paper (d) tea leaves and milk
  22. 22.Which of these is a one-time cost? (a) a cloth banner (b) lemons (c) seeds and soil (d) tea leaves and milk
  23. 23.True or false: “card paper” is a one-time cost. (a) True (b) False
  24. 24.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost
  25. 25.Kabir has ₹460 to spend on rolls of ribbon. One roll of ribbon costs ₹5. What is the greatest number of rolls of ribbon Kabir can buy?
  26. 26.Dev plans to make 44 cups of lemonade. Each needs ₹9 of materials, and a banner costs ₹300 once. What total budget is needed (in ₹)?
  27. 27.Which of these is a one-time cost? (a) seeds and soil (b) lemons (c) a folding table (d) sugar
  28. 28.🔍 Which is the odd one out? (a) a price board (b) card paper (c) sugar (d) tea leaves and milk
  29. 29.Kavya’s stall budget is ₹940. Paper cups cost ₹190, seeds cost ₹200 and a price board cost ₹290. How many rupees of the budget are left?
  30. 30.Arjun has ₹160 to spend on sheets of card paper. One sheet of card paper costs ₹4. What is the greatest number of sheets of card paper Arjun can buy?
  31. 31.Aarav plans to make 22 painted pebbles. Each needs ₹4 of materials, and a banner costs ₹80 once. What total budget is needed (in ₹)?
  32. 32.Diya plans to make 39 painted pebbles. Each needs ₹3 of materials, and a banner costs ₹180 once. What total budget is needed (in ₹)?
  33. 33.Farhan has ₹160 to spend on packets of seeds. One packet of seeds costs ₹8. What is the greatest number of packets of seeds Farhan can buy?
  34. 34.True or false: “sugar” is a running cost. (a) True (b) False
  35. 35.📒 One-time cost or running cost: a cloth banner? (a) a one-time cost (b) a running cost
  36. 36.Kavya has a budget of ₹500. The stock costs ₹60 and the stall fee is ₹410. Is the budget enough? (a) No (b) Yes
  37. 37.Which of these is a one-time cost? (a) a juicer (b) paper cups (c) sugar (d) ice
  38. 38.🔍 Which is the odd one out? (a) seeds and soil (b) a cash box (c) a cloth banner (d) a folding table
  39. 39.Kavya’s stall budget is ₹810. Paper cups cost ₹260, pots cost ₹250 and ribbon cost ₹190. How many rupees of the budget are left?
  40. 40.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost

Answer key

  1. lemons
  2. a cash box
  3. False
  4. No
  5. a running cost
  6. a running cost
  7. 120
  8. tea leaves and milk
  9. 8
  10. ice
  11. 365
  12. 450
  13. 230
  14. 22
  15. card paper
  16. seeds and soil
  17. a cooler box
  18. a running cost
  19. a running cost
  20. False
  21. a cloth banner
  22. a cloth banner
  23. False
  24. a one-time cost
  25. 92
  26. 696
  27. a folding table
  28. a price board
  29. 260
  30. 40
  31. 168
  32. 297
  33. 20
  34. True
  35. a one-time cost
  36. Yes
  37. a juicer
  38. seeds and soil
  39. 110
  40. a one-time cost

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