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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 807 · 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.Diya plans to make 22 friendship bands. Each needs ₹10 of materials, and a banner costs ₹50 once. What total budget is needed (in ₹)?
  2. 2.📒 One-time cost or running cost: card paper? (a) a one-time cost (b) a running cost
  3. 3.Rohan has ₹400 to spend on packets of seeds. One packet of seeds costs ₹20. What is the greatest number of packets of seeds Rohan can buy?
  4. 4.True or false: “lemons” is a running cost. (a) True (b) False
  5. 5.📒 One-time cost or running cost: ice? (a) a one-time cost (b) a running cost
  6. 6.Nisha’s stall budget is ₹910. Ribbon cost ₹260, a price board cost ₹270 and pots cost ₹300. How many rupees of the budget are left?
  7. 7.True or false: “lemons” is a one-time cost. (a) True (b) False
  8. 8.🔍 Which is the odd one out? (a) lemons (b) a price board (c) a cloth banner (d) a juicer
  9. 9.Lakshmi’s stall budget is ₹860. Card paper cost ₹160, napkins cost ₹180 and a banner cost ₹260. How many rupees of the budget are left?
  10. 10.Dev has a budget of ₹400. The stock costs ₹110 and the stall fee is ₹250. Is the budget enough? (a) No (b) Yes
  11. 11.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  12. 12.📒 One-time cost or running cost: a price board? (a) a one-time cost (b) a running cost
  13. 13.Nisha’s stall budget is ₹500. A banner cost ₹120, napkins cost ₹110 and a price board cost ₹100. How many rupees of the budget are left?
  14. 14.True or false: “seeds and soil” is a one-time cost. (a) True (b) False
  15. 15.True or false: “a folding table” is a one-time cost. (a) True (b) False
  16. 16.True or false: “a cloth banner” is a one-time cost. (a) False (b) True
  17. 17.Which of these is a running cost? (a) a cloth banner (b) seeds and soil (c) a juicer (d) a cash box
  18. 18.Ishaan has ₹340 to spend on packets of seeds. One packet of seeds costs ₹10. What is the greatest number of packets of seeds Ishaan can buy?
  19. 19.📒 One-time cost or running cost: tea leaves and milk? (a) a running cost (b) a one-time cost
  20. 20.🔍 Which is the odd one out? (a) lemons (b) ice (c) card paper (d) a juicer
  21. 21.Meera has ₹100 to spend on sheets of card paper. One sheet of card paper costs ₹8. What is the greatest number of sheets of card paper Meera can buy?
  22. 22.Kavya’s stall budget is ₹400. A banner cost ₹50, seeds cost ₹90 and lemons cost ₹200. How many rupees of the budget are left?
  23. 23.Joseph has a budget of ₹400. The stock costs ₹90 and the stall fee is ₹340. Is the budget enough? (a) No (b) Yes
  24. 24.Dev plans to make 39 bags of popcorn. Each needs ₹4 of materials, and a banner costs ₹230 once. What total budget is needed (in ₹)?
  25. 25.📒 One-time cost or running cost: a cooler box? (a) a one-time cost (b) a running cost
  26. 26.Which of these is a running cost? (a) a price board (b) a folding table (c) a juicer (d) sugar
  27. 27.Farhan plans to make 12 handmade cards. Each needs ₹5 of materials, and a banner costs ₹210 once. What total budget is needed (in ₹)?
  28. 28.Diya has ₹440 to spend on packets of seeds. One packet of seeds costs ₹8. What is the greatest number of packets of seeds Diya can buy?
  29. 29.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  30. 30.🔍 Which is the odd one out? (a) sugar (b) paper cups (c) card paper (d) a cooler box
  31. 31.Ishaan’s stall budget is ₹570. Napkins cost ₹110, a banner cost ₹60 and a price board cost ₹190. How many rupees of the budget are left?
  32. 32.True or false: “a cooler box” is a running cost. (a) False (b) True
  33. 33.Which of these is a running cost? (a) a cash box (b) a price board (c) a cloth banner (d) ice
  34. 34.Joseph has a budget of ₹400. The stock costs ₹110 and the stall fee is ₹290. Is the budget enough? (a) Yes (b) No
  35. 35.True or false: “a folding table” is a running cost. (a) True (b) False
  36. 36.True or false: “sugar” is a one-time cost. (a) False (b) True
  37. 37.Rohan’s stall budget is ₹560. Ribbon cost ₹190, sugar cost ₹300 and pots cost ₹60. How many rupees of the budget are left?
  38. 38.Riya has ₹70 to spend on sheets of card paper. One sheet of card paper costs ₹20. What is the greatest number of sheets of card paper Riya can buy?
  39. 39.📒 One-time cost or running cost: paper cups? (a) a running cost (b) a one-time cost
  40. 40.Meera has a budget of ₹800. The stock costs ₹270 and the stall fee is ₹490. Is the budget enough? (a) No (b) Yes

Answer key

  1. 270
  2. a running cost
  3. 20
  4. True
  5. a running cost
  6. 80
  7. False
  8. lemons
  9. 260
  10. Yes
  11. a one-time cost
  12. a one-time cost
  13. 170
  14. False
  15. True
  16. True
  17. seeds and soil
  18. 34
  19. a running cost
  20. a juicer
  21. 12
  22. 60
  23. No
  24. 386
  25. a one-time cost
  26. sugar
  27. 270
  28. 55
  29. a one-time cost
  30. a cooler box
  31. 210
  32. False
  33. ice
  34. Yes
  35. False
  36. False
  37. 10
  38. 3
  39. a running cost
  40. Yes

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