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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 779 · 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.True or false: “seeds and soil” is a one-time cost. (a) True (b) False
  2. 2.📒 One-time cost or running cost: a cloth banner? (a) a one-time cost (b) a running cost
  3. 3.Kabir’s stall budget is ₹720. Lemons cost ₹300, a banner cost ₹250 and sugar cost ₹90. How many rupees of the budget are left?
  4. 4.True or false: “paper cups” is a one-time cost. (a) False (b) True
  5. 5.Kavya has ₹340 to spend on packets of seeds. One packet of seeds costs ₹4. What is the greatest number of packets of seeds Kavya can buy?
  6. 6.📒 One-time cost or running cost: paper cups? (a) a one-time cost (b) a running cost
  7. 7.Kavya has a budget of ₹900. The stock costs ₹150 and the stall fee is ₹750. Is the budget enough? (a) No (b) Yes
  8. 8.True or false: “tea leaves and milk” is a one-time cost. (a) True (b) False
  9. 9.Diya has a budget of ₹500. The stock costs ₹120 and the stall fee is ₹400. Is the budget enough? (a) Yes (b) No
  10. 10.Which of these is a one-time cost? (a) lemons (b) card paper (c) sugar (d) a cash box
  11. 11.🔍 Which is the odd one out? (a) a folding table (b) sugar (c) a cooler box (d) a cash box
  12. 12.Dev’s stall budget is ₹670. Card paper cost ₹70, pots cost ₹280 and napkins cost ₹210. How many rupees of the budget are left?
  13. 13.🔍 Which is the odd one out? (a) ice (b) a juicer (c) lemons (d) seeds and soil
  14. 14.Diya has a budget of ₹600. The stock costs ₹270 and the stall fee is ₹320. Is the budget enough? (a) No (b) Yes
  15. 15.🔍 Which is the odd one out? (a) a cash box (b) seeds and soil (c) a cloth banner (d) a cooler box
  16. 16.Riya plans to make 16 paper bookmarks. Each needs ₹7 of materials, and a banner costs ₹50 once. What total budget is needed (in ₹)?
  17. 17.Aarav has ₹90 to spend on packs of cups. One pack of cups costs ₹8. What is the greatest number of packs of cups Aarav can buy?
  18. 18.Which of these is a running cost? (a) tea leaves and milk (b) a folding table (c) a price board (d) a cash box
  19. 19.True or false: “a cloth banner” is a running cost. (a) True (b) False
  20. 20.Ishaan plans to make 15 friendship bands. Each needs ₹3 of materials, and a banner costs ₹160 once. What total budget is needed (in ₹)?
  21. 21.Diya plans to make 19 painted pebbles. Each needs ₹7 of materials, and a banner costs ₹50 once. What total budget is needed (in ₹)?
  22. 22.Diya plans to make 20 paper bookmarks. Each needs ₹2 of materials, and a banner costs ₹250 once. What total budget is needed (in ₹)?
  23. 23.Farhan’s stall budget is ₹650. Sugar cost ₹40, ribbon cost ₹70 and napkins cost ₹280. How many rupees of the budget are left?
  24. 24.Kabir has ₹50 to spend on rolls of ribbon. One roll of ribbon costs ₹12. What is the greatest number of rolls of ribbon Kabir can buy?
  25. 25.Which of these is a running cost? (a) sugar (b) a folding table (c) a cooler box (d) a juicer
  26. 26.Vihaan has ₹360 to spend on lemons. One lemon costs ₹5. What is the greatest number of lemons Vihaan can buy?
  27. 27.Dev has a budget of ₹900. The stock costs ₹430 and the stall fee is ₹460. Is the budget enough? (a) Yes (b) No
  28. 28.Tara has ₹70 to spend on rolls of ribbon. One roll of ribbon costs ₹6. What is the greatest number of rolls of ribbon Tara can buy?
  29. 29.True or false: “card paper” is a one-time cost. (a) False (b) True
  30. 30.Which of these is a running cost? (a) a cooler box (b) paper cups (c) a folding table (d) a cash box
  31. 31.Vihaan has a budget of ₹500. The stock costs ₹100 and the stall fee is ₹380. Is the budget enough? (a) No (b) Yes
  32. 32.Which of these is a running cost? (a) a folding table (b) a cooler box (c) a juicer (d) card paper
  33. 33.Zoya’s stall budget is ₹520. Ribbon cost ₹140, a price board cost ₹80 and sugar cost ₹160. How many rupees of the budget are left?
  34. 34.Kabir has a budget of ₹900. The stock costs ₹120 and the stall fee is ₹810. Is the budget enough? (a) Yes (b) No
  35. 35.True or false: “a cloth banner” is a one-time cost. (a) False (b) True
  36. 36.Joseph has ₹130 to spend on packs of cups. One pack of cups costs ₹8. What is the greatest number of packs of cups Joseph can buy?
  37. 37.Which of these is a running cost? (a) a cloth banner (b) a cooler box (c) a juicer (d) ice
  38. 38.Farhan plans to make 32 cups of lemonade. Each needs ₹2 of materials, and a banner costs ₹200 once. What total budget is needed (in ₹)?
  39. 39.Which of these is a one-time cost? (a) paper cups (b) a folding table (c) card paper (d) lemons
  40. 40.True or false: “a folding table” is a running cost. (a) True (b) False

Answer key

  1. False
  2. a one-time cost
  3. 80
  4. False
  5. 85
  6. a running cost
  7. Yes
  8. False
  9. No
  10. a cash box
  11. sugar
  12. 110
  13. a juicer
  14. Yes
  15. seeds and soil
  16. 162
  17. 11
  18. tea leaves and milk
  19. False
  20. 205
  21. 183
  22. 290
  23. 260
  24. 4
  25. sugar
  26. 72
  27. Yes
  28. 11
  29. False
  30. paper cups
  31. Yes
  32. card paper
  33. 140
  34. No
  35. True
  36. 16
  37. ice
  38. 264
  39. a folding table
  40. False

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