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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 756 · 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: paper cups? (a) a one-time cost (b) a running cost
  2. 2.True or false: “tea leaves and milk” is a one-time cost. (a) False (b) True
  3. 3.🔍 Which is the odd one out? (a) a cash box (b) card paper (c) lemons (d) ice
  4. 4.True or false: “a cash box” is a running cost. (a) False (b) True
  5. 5.Riya’s stall budget is ₹880. Ribbon cost ₹170, pots cost ₹260 and paper cups cost ₹160. How many rupees of the budget are left?
  6. 6.Ananya has ₹330 to spend on packs of cups. One pack of cups costs ₹8. What is the greatest number of packs of cups Ananya can buy?
  7. 7.Which of these is a one-time cost? (a) a cooler box (b) tea leaves and milk (c) paper cups (d) seeds and soil
  8. 8.📒 One-time cost or running cost: seeds and soil? (a) a running cost (b) a one-time cost
  9. 9.Farhan’s stall budget is ₹790. Ribbon cost ₹300, seeds cost ₹170 and a price board cost ₹250. How many rupees of the budget are left?
  10. 10.True or false: “lemons” is a one-time cost. (a) True (b) False
  11. 11.True or false: “a folding table” is a one-time cost. (a) True (b) False
  12. 12.Kabir has ₹480 to spend on packs of cups. One pack of cups costs ₹12. What is the greatest number of packs of cups Kabir can buy?
  13. 13.Meera has a budget of ₹700. The stock costs ₹120 and the stall fee is ₹590. Is the budget enough? (a) No (b) Yes
  14. 14.Aarav has a budget of ₹900. The stock costs ₹170 and the stall fee is ₹720. Is the budget enough? (a) No (b) Yes
  15. 15.Which of these is a running cost? (a) a cash box (b) a folding table (c) a price board (d) seeds and soil
  16. 16.🔍 Which is the odd one out? (a) lemons (b) a cloth banner (c) a juicer (d) a cooler box
  17. 17.🔍 Which is the odd one out? (a) a folding table (b) ice (c) sugar (d) lemons
  18. 18.📒 One-time cost or running cost: sugar? (a) a one-time cost (b) a running cost
  19. 19.Riya’s stall budget is ₹520. Sugar cost ₹160, pots cost ₹20 and seeds cost ₹160. How many rupees of the budget are left?
  20. 20.Lakshmi plans to make 38 jute bags. Each needs ₹10 of materials, and a banner costs ₹100 once. What total budget is needed (in ₹)?
  21. 21.Aarav has ₹260 to spend on packs of cups. One pack of cups costs ₹8. What is the greatest number of packs of cups Aarav can buy?
  22. 22.True or false: “sugar” is a running cost. (a) True (b) False
  23. 23.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
  24. 24.Aarav has a budget of ₹1000. The stock costs ₹100 and the stall fee is ₹920. Is the budget enough? (a) No (b) Yes
  25. 25.📒 One-time cost or running cost: ice? (a) a one-time cost (b) a running cost
  26. 26.True or false: “card paper” is a running cost. (a) True (b) False
  27. 27.Which of these is a one-time cost? (a) paper cups (b) seeds and soil (c) sugar (d) a folding table
  28. 28.Arjun’s stall budget is ₹750. Paper cups cost ₹260, sugar cost ₹210 and napkins cost ₹260. How many rupees of the budget are left?
  29. 29.Rohan plans to make 28 friendship bands. Each needs ₹10 of materials, and a banner costs ₹160 once. What total budget is needed (in ₹)?
  30. 30.Which of these is a one-time cost? (a) paper cups (b) lemons (c) sugar (d) a juicer
  31. 31.Joseph plans to make 44 cups of lemonade. Each needs ₹3 of materials, and a banner costs ₹70 once. What total budget is needed (in ₹)?
  32. 32.📒 One-time cost or running cost: card paper? (a) a one-time cost (b) a running cost
  33. 33.Farhan has a budget of ₹1000. The stock costs ₹290 and the stall fee is ₹730. Is the budget enough? (a) Yes (b) No
  34. 34.Which of these is a running cost? (a) a folding table (b) a cloth banner (c) a price board (d) lemons
  35. 35.True or false: “card paper” is a one-time cost. (a) True (b) False
  36. 36.Saanvi has a budget of ₹700. The stock costs ₹100 and the stall fee is ₹550. Is the budget enough? (a) Yes (b) No
  37. 37.Farhan’s stall budget is ₹780. Napkins cost ₹140, a banner cost ₹280 and card paper cost ₹180. How many rupees of the budget are left?
  38. 38.Aarav plans to make 41 bags of popcorn. Each needs ₹2 of materials, and a banner costs ₹60 once. What total budget is needed (in ₹)?
  39. 39.Which of these is a running cost? (a) a cash box (b) a juicer (c) tea leaves and milk (d) a cooler box
  40. 40.Saanvi has ₹240 to spend on sheets of card paper. One sheet of card paper costs ₹15. What is the greatest number of sheets of card paper Saanvi can buy?

Answer key

  1. a running cost
  2. False
  3. a cash box
  4. False
  5. 290
  6. 41
  7. a cooler box
  8. a running cost
  9. 70
  10. False
  11. True
  12. 40
  13. No
  14. Yes
  15. seeds and soil
  16. lemons
  17. a folding table
  18. a running cost
  19. 180
  20. 480
  21. 32
  22. True
  23. a one-time cost
  24. No
  25. a running cost
  26. True
  27. a folding table
  28. 20
  29. 440
  30. a juicer
  31. 202
  32. a running cost
  33. No
  34. lemons
  35. False
  36. Yes
  37. 180
  38. 142
  39. tea leaves and milk
  40. 16

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