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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 65 · 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.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  2. 2.Which of these is a running cost? (a) lemons (b) a cash box (c) a price board (d) a cloth banner
  3. 3.Which of these is a running cost? (a) a cooler box (b) a cloth banner (c) paper cups (d) a price board
  4. 4.🔍 Which is the odd one out? (a) a price board (b) paper cups (c) a cash box (d) a cooler box
  5. 5.Saanvi’s stall budget is ₹580. A banner cost ₹270, napkins cost ₹50 and lemons cost ₹20. How many rupees of the budget are left?
  6. 6.🔍 Which is the odd one out? (a) paper cups (b) seeds and soil (c) ice (d) a cooler box
  7. 7.Which of these is a one-time cost? (a) tea leaves and milk (b) seeds and soil (c) a folding table (d) sugar
  8. 8.📒 One-time cost or running cost: a cloth banner? (a) a one-time cost (b) a running cost
  9. 9.True or false: “ice” is a one-time cost. (a) False (b) True
  10. 10.True or false: “tea leaves and milk” is a one-time cost. (a) True (b) False
  11. 11.Kabir plans to make 21 bags of popcorn. Each needs ₹6 of materials, and a banner costs ₹50 once. What total budget is needed (in ₹)?
  12. 12.Riya plans to make 48 cupcakes. Each needs ₹8 of materials, and a banner costs ₹90 once. What total budget is needed (in ₹)?
  13. 13.Diya has ₹500 to spend on rolls of ribbon. One roll of ribbon costs ₹12. What is the greatest number of rolls of ribbon Diya can buy?
  14. 14.Ishaan’s stall budget is ₹740. Napkins cost ₹190, a price board cost ₹260 and sugar cost ₹230. How many rupees of the budget are left?
  15. 15.True or false: “a folding table” is a one-time cost. (a) False (b) True
  16. 16.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost
  17. 17.Gurpreet has ₹220 to spend on rolls of ribbon. One roll of ribbon costs ₹5. What is the greatest number of rolls of ribbon Gurpreet can buy?
  18. 18.Zoya has a budget of ₹800. The stock costs ₹220 and the stall fee is ₹540. Is the budget enough? (a) No (b) Yes
  19. 19.Meera has a budget of ₹800. The stock costs ₹130 and the stall fee is ₹660. Is the budget enough? (a) Yes (b) No
  20. 20.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
  21. 21.True or false: “a cloth banner” is a running cost. (a) True (b) False
  22. 22.Kabir’s stall budget is ₹660. Seeds cost ₹260, card paper cost ₹170 and paper cups cost ₹30. How many rupees of the budget are left?
  23. 23.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
  24. 24.Tara’s stall budget is ₹330. Lemons cost ₹150, sugar cost ₹30 and a price board cost ₹100. How many rupees of the budget are left?
  25. 25.True or false: “sugar” is a running cost. (a) False (b) True
  26. 26.Dev has a budget of ₹800. The stock costs ₹90 and the stall fee is ₹750. Is the budget enough? (a) Yes (b) No
  27. 27.Joseph’s stall budget is ₹850. Lemons cost ₹260, napkins cost ₹290 and paper cups cost ₹190. How many rupees of the budget are left?
  28. 28.Ananya plans to make 47 jute bags. Each needs ₹2 of materials, and a banner costs ₹200 once. What total budget is needed (in ₹)?
  29. 29.True or false: “lemons” is a running cost. (a) False (b) True
  30. 30.Aarav’s stall budget is ₹810. Seeds cost ₹270, sugar cost ₹130 and a price board cost ₹160. How many rupees of the budget are left?
  31. 31.Which of these is a one-time cost? (a) seeds and soil (b) a juicer (c) tea leaves and milk (d) card paper
  32. 32.Which of these is a one-time cost? (a) tea leaves and milk (b) card paper (c) paper cups (d) a cloth banner
  33. 33.Which of these is a running cost? (a) a juicer (b) a cooler box (c) a cloth banner (d) ice
  34. 34.True or false: “a folding table” is a running cost. (a) False (b) True
  35. 35.📒 One-time cost or running cost: lemons? (a) a one-time cost (b) a running cost
  36. 36.🔍 Which is the odd one out? (a) lemons (b) sugar (c) a folding table (d) card paper
  37. 37.Which of these is a one-time cost? (a) lemons (b) seeds and soil (c) a cooler box (d) paper cups
  38. 38.Lakshmi’s stall budget is ₹430. Lemons cost ₹110, sugar cost ₹60 and a banner cost ₹250. How many rupees of the budget are left?
  39. 39.Ananya has ₹320 to spend on sheets of card paper. One sheet of card paper costs ₹12. What is the greatest number of sheets of card paper Ananya can buy?
  40. 40.Saanvi has ₹110 to spend on packs of cups. One pack of cups costs ₹10. What is the greatest number of packs of cups Saanvi can buy?

Answer key

  1. a one-time cost
  2. lemons
  3. paper cups
  4. paper cups
  5. 240
  6. a cooler box
  7. a folding table
  8. a one-time cost
  9. False
  10. False
  11. 176
  12. 474
  13. 41
  14. 60
  15. True
  16. a one-time cost
  17. 44
  18. Yes
  19. Yes
  20. a one-time cost
  21. False
  22. 200
  23. a one-time cost
  24. 50
  25. True
  26. No
  27. 110
  28. 294
  29. True
  30. 250
  31. a juicer
  32. a cloth banner
  33. ice
  34. False
  35. a running cost
  36. a folding table
  37. a cooler box
  38. 10
  39. 26
  40. 11

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