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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 755 · 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 cooler box? (a) a running cost (b) a one-time cost
  2. 2.🔍 Which is the odd one out? (a) a juicer (b) a price board (c) seeds and soil (d) a cooler box
  3. 3.🔍 Which is the odd one out? (a) a price board (b) a cash box (c) a cloth banner (d) lemons
  4. 4.Gurpreet plans to make 22 jute bags. Each needs ₹8 of materials, and a banner costs ₹270 once. What total budget is needed (in ₹)?
  5. 5.True or false: “a cloth banner” is a one-time cost. (a) True (b) False
  6. 6.Farhan’s stall budget is ₹730. Ribbon cost ₹60, a banner cost ₹150 and pots cost ₹260. How many rupees of the budget are left?
  7. 7.True or false: “a cooler box” is a running cost. (a) False (b) True
  8. 8.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  9. 9.Joseph plans to make 20 friendship bands. Each needs ₹2 of materials, and a banner costs ₹190 once. What total budget is needed (in ₹)?
  10. 10.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost
  11. 11.Arjun’s stall budget is ₹680. Pots cost ₹130, ribbon cost ₹300 and napkins cost ₹150. How many rupees of the budget are left?
  12. 12.Meera has ₹480 to spend on packets of seeds. One packet of seeds costs ₹5. What is the greatest number of packets of seeds Meera can buy?
  13. 13.True or false: “a cooler box” is a one-time cost. (a) True (b) False
  14. 14.True or false: “a juicer” is a one-time cost. (a) False (b) True
  15. 15.Gurpreet’s stall budget is ₹860. Pots cost ₹220, lemons cost ₹280 and a banner cost ₹150. How many rupees of the budget are left?
  16. 16.True or false: “card paper” is a running cost. (a) False (b) True
  17. 17.Gurpreet’s stall budget is ₹970. Napkins cost ₹260, pots cost ₹300 and a banner cost ₹120. How many rupees of the budget are left?
  18. 18.Ananya has a budget of ₹600. The stock costs ₹60 and the stall fee is ₹550. Is the budget enough? (a) No (b) Yes
  19. 19.True or false: “a folding table” is a one-time cost. (a) False (b) True
  20. 20.Which of these is a one-time cost? (a) lemons (b) seeds and soil (c) tea leaves and milk (d) a price board
  21. 21.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost
  22. 22.Joseph has a budget of ₹500. The stock costs ₹60 and the stall fee is ₹450. Is the budget enough? (a) No (b) Yes
  23. 23.Meera has ₹160 to spend on rolls of ribbon. One roll of ribbon costs ₹15. What is the greatest number of rolls of ribbon Meera can buy?
  24. 24.📒 One-time cost or running cost: sugar? (a) a one-time cost (b) a running cost
  25. 25.True or false: “sugar” is a running cost. (a) False (b) True
  26. 26.Joseph’s stall budget is ₹680. Lemons cost ₹220, card paper cost ₹30 and a banner cost ₹220. How many rupees of the budget are left?
  27. 27.Diya has ₹160 to spend on sheets of card paper. One sheet of card paper costs ₹12. What is the greatest number of sheets of card paper Diya can buy?
  28. 28.Diya’s stall budget is ₹360. A banner cost ₹70, napkins cost ₹200 and paper cups cost ₹50. How many rupees of the budget are left?
  29. 29.Arjun has a budget of ₹900. The stock costs ₹370 and the stall fee is ₹570. Is the budget enough? (a) Yes (b) No
  30. 30.Vihaan has ₹390 to spend on packets of seeds. One packet of seeds costs ₹15. What is the greatest number of packets of seeds Vihaan can buy?
  31. 31.Kavya’s stall budget is ₹500. A banner cost ₹20, card paper cost ₹180 and lemons cost ₹250. How many rupees of the budget are left?
  32. 32.Rohan has ₹390 to spend on rolls of ribbon. One roll of ribbon costs ₹15. What is the greatest number of rolls of ribbon Rohan can buy?
  33. 33.Kabir plans to make 12 cups of lemonade. Each needs ₹9 of materials, and a banner costs ₹200 once. What total budget is needed (in ₹)?
  34. 34.Saanvi plans to make 21 handmade cards. Each needs ₹4 of materials, and a banner costs ₹230 once. What total budget is needed (in ₹)?
  35. 35.🔍 Which is the odd one out? (a) ice (b) paper cups (c) a juicer (d) sugar
  36. 36.Which of these is a one-time cost? (a) tea leaves and milk (b) paper cups (c) a cloth banner (d) seeds and soil
  37. 37.Which of these is a one-time cost? (a) card paper (b) lemons (c) ice (d) a folding table
  38. 38.Dev has ₹70 to spend on packs of cups. One pack of cups costs ₹4. What is the greatest number of packs of cups Dev can buy?
  39. 39.True or false: “tea leaves and milk” is a running cost. (a) False (b) True
  40. 40.True or false: “a folding table” is a running cost. (a) False (b) True

Answer key

  1. a one-time cost
  2. seeds and soil
  3. lemons
  4. 446
  5. True
  6. 260
  7. False
  8. a one-time cost
  9. 230
  10. a one-time cost
  11. 100
  12. 96
  13. True
  14. True
  15. 210
  16. True
  17. 290
  18. No
  19. True
  20. a price board
  21. a one-time cost
  22. No
  23. 10
  24. a running cost
  25. True
  26. 210
  27. 13
  28. 40
  29. No
  30. 26
  31. 50
  32. 26
  33. 308
  34. 314
  35. a juicer
  36. a cloth banner
  37. a folding table
  38. 17
  39. True
  40. False

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