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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 801 · 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 running cost. (a) False (b) True
  2. 2.📒 One-time cost or running cost: sugar? (a) a running cost (b) a one-time cost
  3. 3.Tara plans to make 16 potted plants. Each needs ₹4 of materials, and a banner costs ₹200 once. What total budget is needed (in ₹)?
  4. 4.Nisha has ₹230 to spend on packets of seeds. One packet of seeds costs ₹4. What is the greatest number of packets of seeds Nisha can buy?
  5. 5.True or false: “card paper” is a running cost. (a) False (b) True
  6. 6.Vihaan has ₹390 to spend on lemons. One lemon costs ₹15. What is the greatest number of lemons Vihaan can buy?
  7. 7.📒 One-time cost or running cost: paper cups? (a) a one-time cost (b) a running cost
  8. 8.Which of these is a one-time cost? (a) tea leaves and milk (b) a price board (c) paper cups (d) sugar
  9. 9.Which of these is a one-time cost? (a) lemons (b) card paper (c) a juicer (d) ice
  10. 10.📒 One-time cost or running cost: card paper? (a) a running cost (b) a one-time cost
  11. 11.Kavya has a budget of ₹300. The stock costs ₹130 and the stall fee is ₹190. Is the budget enough? (a) No (b) Yes
  12. 12.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost
  13. 13.Which of these is a one-time cost? (a) tea leaves and milk (b) card paper (c) a cloth banner (d) lemons
  14. 14.📒 One-time cost or running cost: ice? (a) a one-time cost (b) a running cost
  15. 15.Kavya’s stall budget is ₹900. Ribbon cost ₹230, paper cups cost ₹280 and napkins cost ₹260. How many rupees of the budget are left?
  16. 16.Kavya’s stall budget is ₹660. A banner cost ₹30, lemons cost ₹260 and ribbon cost ₹260. How many rupees of the budget are left?
  17. 17.📒 One-time cost or running cost: lemons? (a) a one-time cost (b) a running cost
  18. 18.Kavya’s stall budget is ₹540. A banner cost ₹50, paper cups cost ₹120 and a price board cost ₹160. How many rupees of the budget are left?
  19. 19.🔍 Which is the odd one out? (a) tea leaves and milk (b) sugar (c) a folding table (d) lemons
  20. 20.Zoya has ₹130 to spend on rolls of ribbon. One roll of ribbon costs ₹15. What is the greatest number of rolls of ribbon Zoya can buy?
  21. 21.🔍 Which is the odd one out? (a) card paper (b) tea leaves and milk (c) seeds and soil (d) a cloth banner
  22. 22.Tara has ₹210 to spend on lemons. One lemon costs ₹5. What is the greatest number of lemons Tara can buy?
  23. 23.Lakshmi plans to make 16 potted plants. Each needs ₹6 of materials, and a banner costs ₹60 once. What total budget is needed (in ₹)?
  24. 24.📒 One-time cost or running cost: seeds and soil? (a) a one-time cost (b) a running cost
  25. 25.🔍 Which is the odd one out? (a) a cash box (b) paper cups (c) a cooler box (d) a price board
  26. 26.Arjun has a budget of ₹400. The stock costs ₹180 and the stall fee is ₹240. Is the budget enough? (a) Yes (b) No
  27. 27.Tara plans to make 27 potted plants. Each needs ₹7 of materials, and a banner costs ₹260 once. What total budget is needed (in ₹)?
  28. 28.Farhan has ₹100 to spend on packs of cups. One pack of cups costs ₹12. What is the greatest number of packs of cups Farhan can buy?
  29. 29.Gurpreet has a budget of ₹300. The stock costs ₹140 and the stall fee is ₹160. Is the budget enough? (a) No (b) Yes
  30. 30.Meera plans to make 13 handmade cards. Each needs ₹9 of materials, and a banner costs ₹220 once. What total budget is needed (in ₹)?
  31. 31.Diya’s stall budget is ₹770. Sugar cost ₹160, card paper cost ₹230 and ribbon cost ₹170. How many rupees of the budget are left?
  32. 32.Kabir’s stall budget is ₹490. Lemons cost ₹30, a banner cost ₹50 and paper cups cost ₹180. How many rupees of the budget are left?
  33. 33.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost
  34. 34.True or false: “paper cups” is a one-time cost. (a) True (b) False
  35. 35.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  36. 36.📒 One-time cost or running cost: tea leaves and milk? (a) a running cost (b) a one-time cost
  37. 37.True or false: “a cloth banner” is a one-time cost. (a) True (b) False
  38. 38.Kavya plans to make 21 fruit cups. Each needs ₹6 of materials, and a banner costs ₹160 once. What total budget is needed (in ₹)?
  39. 39.True or false: “a juicer” is a running cost. (a) False (b) True
  40. 40.Joseph has ₹120 to spend on sheets of card paper. One sheet of card paper costs ₹4. What is the greatest number of sheets of card paper Joseph can buy?

Answer key

  1. True
  2. a running cost
  3. 264
  4. 57
  5. True
  6. 26
  7. a running cost
  8. a price board
  9. a juicer
  10. a running cost
  11. No
  12. a one-time cost
  13. a cloth banner
  14. a running cost
  15. 130
  16. 110
  17. a running cost
  18. 210
  19. a folding table
  20. 8
  21. a cloth banner
  22. 42
  23. 156
  24. a running cost
  25. paper cups
  26. No
  27. 449
  28. 8
  29. Yes
  30. 337
  31. 210
  32. 230
  33. a one-time cost
  34. False
  35. a one-time cost
  36. a running cost
  37. True
  38. 286
  39. False
  40. 30

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