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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 659 · 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.Dev has ₹80 to spend on sheets of card paper. One sheet of card paper costs ₹15. What is the greatest number of sheets of card paper Dev can buy?
  2. 2.Which of these is a one-time cost? (a) lemons (b) sugar (c) card paper (d) a cooler box
  3. 3.True or false: “a cooler box” is a one-time cost. (a) False (b) True
  4. 4.Zoya plans to make 34 bags of popcorn. Each needs ₹5 of materials, and a banner costs ₹260 once. What total budget is needed (in ₹)?
  5. 5.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
  6. 6.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
  7. 7.True or false: “ice” is a one-time cost. (a) True (b) False
  8. 8.Saanvi plans to make 50 cupcakes. Each needs ₹2 of materials, and a banner costs ₹90 once. What total budget is needed (in ₹)?
  9. 9.🔍 Which is the odd one out? (a) card paper (b) a juicer (c) tea leaves and milk (d) lemons
  10. 10.Lakshmi’s stall budget is ₹720. Ribbon cost ₹140, paper cups cost ₹180 and lemons cost ₹280. How many rupees of the budget are left?
  11. 11.Lakshmi’s stall budget is ₹700. Sugar cost ₹150, ribbon cost ₹200 and card paper cost ₹130. How many rupees of the budget are left?
  12. 12.🔍 Which is the odd one out? (a) a folding table (b) paper cups (c) tea leaves and milk (d) seeds and soil
  13. 13.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost
  14. 14.🔍 Which is the odd one out? (a) a cooler box (b) a juicer (c) a folding table (d) lemons
  15. 15.📒 One-time cost or running cost: paper cups? (a) a one-time cost (b) a running cost
  16. 16.Rohan has a budget of ₹800. The stock costs ₹340 and the stall fee is ₹500. Is the budget enough? (a) No (b) Yes
  17. 17.🔍 Which is the odd one out? (a) a cloth banner (b) a price board (c) a cash box (d) sugar
  18. 18.Which of these is a running cost? (a) a folding table (b) a cloth banner (c) ice (d) a juicer
  19. 19.Tara has ₹430 to spend on lemons. One lemon costs ₹20. What is the greatest number of lemons Tara can buy?
  20. 20.Meera’s stall budget is ₹670. Lemons cost ₹160, a price board cost ₹260 and ribbon cost ₹30. How many rupees of the budget are left?
  21. 21.Gurpreet’s stall budget is ₹680. A banner cost ₹270, lemons cost ₹120 and a price board cost ₹250. How many rupees of the budget are left?
  22. 22.Arjun plans to make 45 cups of lemonade. Each needs ₹10 of materials, and a banner costs ₹110 once. What total budget is needed (in ₹)?
  23. 23.Which of these is a running cost? (a) a folding table (b) a juicer (c) a cloth banner (d) card paper
  24. 24.Meera plans to make 43 friendship bands. Each needs ₹10 of materials, and a banner costs ₹80 once. What total budget is needed (in ₹)?
  25. 25.📒 One-time cost or running cost: sugar? (a) a running cost (b) a one-time cost
  26. 26.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  27. 27.True or false: “a cash box” is a one-time cost. (a) True (b) False
  28. 28.🔍 Which is the odd one out? (a) a cash box (b) a price board (c) tea leaves and milk (d) a juicer
  29. 29.True or false: “lemons” is a running cost. (a) False (b) True
  30. 30.Lakshmi’s stall budget is ₹590. A price board cost ₹40, a banner cost ₹260 and ribbon cost ₹200. How many rupees of the budget are left?
  31. 31.True or false: “a folding table” is a one-time cost. (a) True (b) False
  32. 32.Ananya’s stall budget is ₹710. Card paper cost ₹60, seeds cost ₹240 and lemons cost ₹120. How many rupees of the budget are left?
  33. 33.True or false: “a price board” is a one-time cost. (a) True (b) False
  34. 34.Vihaan has ₹450 to spend on packets of seeds. One packet of seeds costs ₹8. What is the greatest number of packets of seeds Vihaan can buy?
  35. 35.Diya’s stall budget is ₹590. A banner cost ₹100, sugar cost ₹120 and a price board cost ₹70. How many rupees of the budget are left?
  36. 36.True or false: “card paper” is a one-time cost. (a) True (b) False
  37. 37.🔍 Which is the odd one out? (a) a cloth banner (b) lemons (c) tea leaves and milk (d) sugar
  38. 38.Tara plans to make 11 potted plants. Each needs ₹2 of materials, and a banner costs ₹230 once. What total budget is needed (in ₹)?
  39. 39.📒 One-time cost or running cost: seeds and soil? (a) a one-time cost (b) a running cost
  40. 40.Kavya’s stall budget is ₹640. Seeds cost ₹140, ribbon cost ₹210 and lemons cost ₹230. How many rupees of the budget are left?

Answer key

  1. 5
  2. a cooler box
  3. True
  4. 430
  5. a running cost
  6. a one-time cost
  7. False
  8. 190
  9. a juicer
  10. 120
  11. 220
  12. a folding table
  13. a one-time cost
  14. lemons
  15. a running cost
  16. No
  17. sugar
  18. ice
  19. 21
  20. 220
  21. 40
  22. 560
  23. card paper
  24. 510
  25. a running cost
  26. a one-time cost
  27. True
  28. tea leaves and milk
  29. True
  30. 90
  31. True
  32. 290
  33. True
  34. 56
  35. 300
  36. False
  37. a cloth banner
  38. 252
  39. a running cost
  40. 60

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