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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 627 · 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 one-time cost. (a) True (b) False
  2. 2.📒 One-time cost or running cost: sugar? (a) a running cost (b) a one-time cost
  3. 3.Which of these is a one-time cost? (a) seeds and soil (b) a folding table (c) ice (d) paper cups
  4. 4.Diya’s stall budget is ₹450. Ribbon cost ₹30, a price board cost ₹80 and card paper cost ₹230. How many rupees of the budget are left?
  5. 5.Diya’s stall budget is ₹410. Paper cups cost ₹200, ribbon cost ₹140 and sugar cost ₹30. How many rupees of the budget are left?
  6. 6.📒 One-time cost or running cost: card paper? (a) a one-time cost (b) a running cost
  7. 7.🔍 Which is the odd one out? (a) a cooler box (b) tea leaves and milk (c) paper cups (d) ice
  8. 8.Dev’s stall budget is ₹470. Pots cost ₹290, napkins cost ₹80 and lemons cost ₹40. How many rupees of the budget are left?
  9. 9.Dev plans to make 32 glasses of chai. Each needs ₹9 of materials, and a banner costs ₹90 once. What total budget is needed (in ₹)?
  10. 10.Ishaan plans to make 19 painted pebbles. Each needs ₹7 of materials, and a banner costs ₹220 once. What total budget is needed (in ₹)?
  11. 11.Dev has ₹230 to spend on packets of seeds. One packet of seeds costs ₹15. What is the greatest number of packets of seeds Dev can buy?
  12. 12.Gurpreet has ₹200 to spend on packets of seeds. One packet of seeds costs ₹8. What is the greatest number of packets of seeds Gurpreet can buy?
  13. 13.True or false: “tea leaves and milk” is a running cost. (a) True (b) False
  14. 14.Lakshmi’s stall budget is ₹990. Napkins cost ₹290, ribbon cost ₹290 and paper cups cost ₹270. How many rupees of the budget are left?
  15. 15.📒 One-time cost or running cost: lemons? (a) a one-time cost (b) a running cost
  16. 16.📒 One-time cost or running cost: seeds and soil? (a) a one-time cost (b) a running cost
  17. 17.🔍 Which is the odd one out? (a) a folding table (b) a juicer (c) a cash box (d) seeds and soil
  18. 18.Vihaan has a budget of ₹600. The stock costs ₹250 and the stall fee is ₹320. Is the budget enough? (a) Yes (b) No
  19. 19.Nisha has ₹350 to spend on rolls of ribbon. One roll of ribbon costs ₹15. What is the greatest number of rolls of ribbon Nisha can buy?
  20. 20.Arjun’s stall budget is ₹580. Ribbon cost ₹90, a banner cost ₹60 and napkins cost ₹150. How many rupees of the budget are left?
  21. 21.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
  22. 22.📒 One-time cost or running cost: a cloth banner? (a) a one-time cost (b) a running cost
  23. 23.Vihaan has a budget of ₹500. The stock costs ₹170 and the stall fee is ₹380. Is the budget enough? (a) Yes (b) No
  24. 24.Which of these is a running cost? (a) a folding table (b) a cloth banner (c) a cooler box (d) card paper
  25. 25.Farhan’s stall budget is ₹600. Ribbon cost ₹40, a price board cost ₹270 and card paper cost ₹280. How many rupees of the budget are left?
  26. 26.True or false: “a juicer” is a one-time cost. (a) True (b) False
  27. 27.Which of these is a one-time cost? (a) a cooler box (b) sugar (c) tea leaves and milk (d) paper cups
  28. 28.Dev’s stall budget is ₹490. Sugar cost ₹220, ribbon cost ₹20 and lemons cost ₹230. How many rupees of the budget are left?
  29. 29.Which of these is a one-time cost? (a) a price board (b) seeds and soil (c) card paper (d) ice
  30. 30.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
  31. 31.Tara has ₹500 to spend on sheets of card paper. One sheet of card paper costs ₹4. What is the greatest number of sheets of card paper Tara can buy?
  32. 32.Rohan’s stall budget is ₹440. Ribbon cost ₹30, lemons cost ₹130 and paper cups cost ₹20. How many rupees of the budget are left?
  33. 33.Diya has a budget of ₹800. The stock costs ₹260 and the stall fee is ₹500. Is the budget enough? (a) Yes (b) No
  34. 34.Arjun has a budget of ₹600. The stock costs ₹290 and the stall fee is ₹310. Is the budget enough? (a) Yes (b) No
  35. 35.True or false: “a cloth banner” is a one-time cost. (a) True (b) False
  36. 36.Saanvi’s stall budget is ₹490. Sugar cost ₹90, pots cost ₹230 and paper cups cost ₹160. How many rupees of the budget are left?
  37. 37.True or false: “a juicer” is a running cost. (a) True (b) False
  38. 38.🔍 Which is the odd one out? (a) a folding table (b) a juicer (c) a cloth banner (d) lemons
  39. 39.Aarav has ₹110 to spend on packets of seeds. One packet of seeds costs ₹8. What is the greatest number of packets of seeds Aarav can buy?
  40. 40.🔍 Which is the odd one out? (a) seeds and soil (b) paper cups (c) a cloth banner (d) lemons

Answer key

  1. True
  2. a running cost
  3. a folding table
  4. 110
  5. 40
  6. a running cost
  7. a cooler box
  8. 60
  9. 378
  10. 353
  11. 15
  12. 25
  13. True
  14. 140
  15. a running cost
  16. a running cost
  17. seeds and soil
  18. Yes
  19. 23
  20. 280
  21. a running cost
  22. a one-time cost
  23. No
  24. card paper
  25. 10
  26. True
  27. a cooler box
  28. 20
  29. a price board
  30. a one-time cost
  31. 125
  32. 260
  33. Yes
  34. Yes
  35. True
  36. 10
  37. False
  38. lemons
  39. 13
  40. a cloth banner

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