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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 670 · 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) lemons (b) a cooler box (c) ice (d) paper cups
  2. 2.Joseph has a budget of ₹300. The stock costs ₹110 and the stall fee is ₹220. Is the budget enough? (a) No (b) Yes
  3. 3.True or false: “a juicer” is a running cost. (a) True (b) False
  4. 4.True or false: “a folding table” is a one-time cost. (a) True (b) False
  5. 5.Vihaan has ₹200 to spend on rolls of ribbon. One roll of ribbon costs ₹12. What is the greatest number of rolls of ribbon Vihaan can buy?
  6. 6.Tara has ₹480 to spend on lemons. One lemon costs ₹6. What is the greatest number of lemons Tara can buy?
  7. 7.Which of these is a running cost? (a) a cash box (b) sugar (c) a folding table (d) a cloth banner
  8. 8.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  9. 9.Meera’s stall budget is ₹690. A price board cost ₹190, lemons cost ₹260 and napkins cost ₹100. How many rupees of the budget are left?
  10. 10.Which of these is a one-time cost? (a) paper cups (b) seeds and soil (c) a juicer (d) card paper
  11. 11.Arjun has ₹200 to spend on rolls of ribbon. One roll of ribbon costs ₹4. What is the greatest number of rolls of ribbon Arjun can buy?
  12. 12.True or false: “sugar” is a running cost. (a) True (b) False
  13. 13.Diya’s stall budget is ₹480. Card paper cost ₹290, paper cups cost ₹60 and sugar cost ₹30. How many rupees of the budget are left?
  14. 14.Which of these is a running cost? (a) a folding table (b) a cooler box (c) ice (d) a cash box
  15. 15.🔍 Which is the odd one out? (a) a cloth banner (b) a folding table (c) paper cups (d) a price board
  16. 16.Zoya plans to make 15 paper bookmarks. Each needs ₹2 of materials, and a banner costs ₹50 once. What total budget is needed (in ₹)?
  17. 17.🔍 Which is the odd one out? (a) tea leaves and milk (b) a cash box (c) lemons (d) seeds and soil
  18. 18.Joseph has ₹210 to spend on sheets of card paper. One sheet of card paper costs ₹12. What is the greatest number of sheets of card paper Joseph can buy?
  19. 19.True or false: “tea leaves and milk” is a running cost. (a) True (b) False
  20. 20.🔍 Which is the odd one out? (a) a cloth banner (b) tea leaves and milk (c) paper cups (d) ice
  21. 21.Which of these is a one-time cost? (a) seeds and soil (b) paper cups (c) ice (d) a cooler box
  22. 22.Which of these is a running cost? (a) a cloth banner (b) a juicer (c) lemons (d) a price board
  23. 23.Which of these is a one-time cost? (a) card paper (b) paper cups (c) a cloth banner (d) seeds and soil
  24. 24.Zoya has ₹160 to spend on lemons. One lemon costs ₹5. What is the greatest number of lemons Zoya can buy?
  25. 25.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost
  26. 26.Joseph has ₹450 to spend on rolls of ribbon. One roll of ribbon costs ₹5. What is the greatest number of rolls of ribbon Joseph can buy?
  27. 27.Riya’s stall budget is ₹830. Card paper cost ₹260, lemons cost ₹300 and pots cost ₹90. How many rupees of the budget are left?
  28. 28.True or false: “seeds and soil” is a one-time cost. (a) True (b) False
  29. 29.Saanvi has ₹300 to spend on sheets of card paper. One sheet of card paper costs ₹5. What is the greatest number of sheets of card paper Saanvi can buy?
  30. 30.True or false: “a cloth banner” is a running cost. (a) False (b) True
  31. 31.Nisha’s stall budget is ₹640. Paper cups cost ₹230, a banner cost ₹190 and ribbon cost ₹120. How many rupees of the budget are left?
  32. 32.Kavya plans to make 50 potted plants. Each needs ₹9 of materials, and a banner costs ₹110 once. What total budget is needed (in ₹)?
  33. 33.True or false: “card paper” is a running cost. (a) True (b) False
  34. 34.Farhan has a budget of ₹600. The stock costs ₹240 and the stall fee is ₹400. Is the budget enough? (a) Yes (b) No
  35. 35.Dev has a budget of ₹800. The stock costs ₹310 and the stall fee is ₹480. Is the budget enough? (a) Yes (b) No
  36. 36.Vihaan’s stall budget is ₹530. Card paper cost ₹100, a banner cost ₹150 and sugar cost ₹110. How many rupees of the budget are left?
  37. 37.🔍 Which is the odd one out? (a) a juicer (b) a price board (c) card paper (d) a cash box
  38. 38.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost
  39. 39.📒 One-time cost or running cost: seeds and soil? (a) a one-time cost (b) a running cost
  40. 40.📒 One-time cost or running cost: paper cups? (a) a one-time cost (b) a running cost

Answer key

  1. a cooler box
  2. No
  3. False
  4. True
  5. 16
  6. 80
  7. sugar
  8. a one-time cost
  9. 140
  10. a juicer
  11. 50
  12. True
  13. 100
  14. ice
  15. paper cups
  16. 80
  17. a cash box
  18. 17
  19. True
  20. a cloth banner
  21. a cooler box
  22. lemons
  23. a cloth banner
  24. 32
  25. a one-time cost
  26. 90
  27. 180
  28. False
  29. 60
  30. False
  31. 100
  32. 560
  33. True
  34. No
  35. Yes
  36. 170
  37. card paper
  38. a one-time cost
  39. a running cost
  40. a running cost

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