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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 744 · 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 price board (b) paper cups (c) a cash box (d) a cooler box
  2. 2.Which of these is a one-time cost? (a) lemons (b) sugar (c) paper cups (d) a price board
  3. 3.Aarav has ₹240 to spend on rolls of ribbon. One roll of ribbon costs ₹4. What is the greatest number of rolls of ribbon Aarav can buy?
  4. 4.Which of these is a one-time cost? (a) tea leaves and milk (b) sugar (c) a cloth banner (d) paper cups
  5. 5.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
  6. 6.Which of these is a running cost? (a) lemons (b) a juicer (c) a cloth banner (d) a folding table
  7. 7.Riya’s stall budget is ₹750. Seeds cost ₹40, ribbon cost ₹160 and lemons cost ₹280. How many rupees of the budget are left?
  8. 8.True or false: “a cloth banner” is a running cost. (a) False (b) True
  9. 9.Which of these is a one-time cost? (a) seeds and soil (b) a folding table (c) lemons (d) ice
  10. 10.Meera has ₹420 to spend on packs of cups. One pack of cups costs ₹15. What is the greatest number of packs of cups Meera can buy?
  11. 11.Which of these is a running cost? (a) a cash box (b) a price board (c) sugar (d) a folding table
  12. 12.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost
  13. 13.Ananya plans to make 38 paper bookmarks. Each needs ₹8 of materials, and a banner costs ₹130 once. What total budget is needed (in ₹)?
  14. 14.Ishaan’s stall budget is ₹790. A banner cost ₹260, napkins cost ₹210 and sugar cost ₹190. How many rupees of the budget are left?
  15. 15.Kavya’s stall budget is ₹610. Paper cups cost ₹200, lemons cost ₹220 and a banner cost ₹60. How many rupees of the budget are left?
  16. 16.Diya’s stall budget is ₹390. Pots cost ₹70, seeds cost ₹160 and a price board cost ₹80. How many rupees of the budget are left?
  17. 17.Ishaan’s stall budget is ₹540. Sugar cost ₹120, paper cups cost ₹250 and a banner cost ₹20. How many rupees of the budget are left?
  18. 18.Farhan has ₹300 to spend on sheets of card paper. One sheet of card paper costs ₹8. What is the greatest number of sheets of card paper Farhan can buy?
  19. 19.📒 One-time cost or running cost: a price board? (a) a one-time cost (b) a running cost
  20. 20.True or false: “tea leaves and milk” is a running cost. (a) True (b) False
  21. 21.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  22. 22.🔍 Which is the odd one out? (a) seeds and soil (b) a cloth banner (c) tea leaves and milk (d) ice
  23. 23.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
  24. 24.True or false: “lemons” is a one-time cost. (a) True (b) False
  25. 25.True or false: “a cooler box” is a one-time cost. (a) True (b) False
  26. 26.🔍 Which is the odd one out? (a) seeds and soil (b) sugar (c) ice (d) a folding table
  27. 27.🔍 Which is the odd one out? (a) lemons (b) seeds and soil (c) ice (d) a price board
  28. 28.True or false: “a juicer” is a running cost. (a) True (b) False
  29. 29.Ananya has a budget of ₹800. The stock costs ₹120 and the stall fee is ₹630. Is the budget enough? (a) Yes (b) No
  30. 30.True or false: “a price board” is a one-time cost. (a) True (b) False
  31. 31.Kavya plans to make 39 potted plants. Each needs ₹9 of materials, and a banner costs ₹270 once. What total budget is needed (in ₹)?
  32. 32.🔍 Which is the odd one out? (a) seeds and soil (b) tea leaves and milk (c) a cooler box (d) sugar
  33. 33.Dev’s stall budget is ₹770. A price board cost ₹280, ribbon cost ₹230 and napkins cost ₹60. How many rupees of the budget are left?
  34. 34.True or false: “ice” is a running cost. (a) True (b) False
  35. 35.Ishaan’s stall budget is ₹520. Ribbon cost ₹250, pots cost ₹40 and sugar cost ₹130. How many rupees of the budget are left?
  36. 36.🔍 Which is the odd one out? (a) a folding table (b) a cooler box (c) a cash box (d) seeds and soil
  37. 37.Tara plans to make 41 glasses of chai. Each needs ₹2 of materials, and a banner costs ₹150 once. What total budget is needed (in ₹)?
  38. 38.True or false: “paper cups” is a one-time cost. (a) True (b) False
  39. 39.Nisha’s stall budget is ₹310. A price board cost ₹40, paper cups cost ₹200 and lemons cost ₹20. How many rupees of the budget are left?
  40. 40.Riya’s stall budget is ₹680. A banner cost ₹240, napkins cost ₹50 and ribbon cost ₹210. How many rupees of the budget are left?

Answer key

  1. paper cups
  2. a price board
  3. 60
  4. a cloth banner
  5. a one-time cost
  6. lemons
  7. 270
  8. False
  9. a folding table
  10. 28
  11. sugar
  12. a one-time cost
  13. 434
  14. 130
  15. 130
  16. 80
  17. 150
  18. 37
  19. a one-time cost
  20. True
  21. a one-time cost
  22. a cloth banner
  23. a one-time cost
  24. False
  25. True
  26. a folding table
  27. a price board
  28. False
  29. Yes
  30. True
  31. 621
  32. a cooler box
  33. 200
  34. True
  35. 100
  36. seeds and soil
  37. 232
  38. False
  39. 50
  40. 180

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