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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 829 · 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.Aarav has a budget of ₹600. The stock costs ₹50 and the stall fee is ₹500. Is the budget enough? (a) No (b) Yes
  2. 2.📒 One-time cost or running cost: ice? (a) a running cost (b) a one-time cost
  3. 3.Gurpreet has ₹450 to spend on packets of seeds. One packet of seeds costs ₹8. What is the greatest number of packets of seeds Gurpreet can buy?
  4. 4.True or false: “paper cups” is a running cost. (a) True (b) False
  5. 5.True or false: “a price board” is a one-time cost. (a) True (b) False
  6. 6.📒 One-time cost or running cost: lemons? (a) a running cost (b) a one-time cost
  7. 7.True or false: “a cloth banner” is a one-time cost. (a) False (b) True
  8. 8.Zoya’s stall budget is ₹720. Pots cost ₹250, card paper cost ₹190 and seeds cost ₹190. How many rupees of the budget are left?
  9. 9.🔍 Which is the odd one out? (a) lemons (b) a juicer (c) a cash box (d) a cloth banner
  10. 10.🔍 Which is the odd one out? (a) a cloth banner (b) lemons (c) paper cups (d) tea leaves and milk
  11. 11.Arjun has a budget of ₹400. The stock costs ₹60 and the stall fee is ₹290. Is the budget enough? (a) Yes (b) No
  12. 12.🔍 Which is the odd one out? (a) card paper (b) paper cups (c) ice (d) a juicer
  13. 13.Saanvi has ₹340 to spend on sheets of card paper. One sheet of card paper costs ₹12. What is the greatest number of sheets of card paper Saanvi can buy?
  14. 14.True or false: “tea leaves and milk” is a running cost. (a) False (b) True
  15. 15.Which of these is a running cost? (a) a cash box (b) a cooler box (c) lemons (d) a price board
  16. 16.Which of these is a running cost? (a) a juicer (b) paper cups (c) a price board (d) a cash box
  17. 17.Which of these is a running cost? (a) a cooler box (b) a price board (c) seeds and soil (d) a juicer
  18. 18.Which of these is a one-time cost? (a) lemons (b) tea leaves and milk (c) a cash box (d) card paper
  19. 19.Farhan’s stall budget is ₹620. Seeds cost ₹130, a banner cost ₹260 and napkins cost ₹90. How many rupees of the budget are left?
  20. 20.Which of these is a one-time cost? (a) sugar (b) seeds and soil (c) a folding table (d) card paper
  21. 21.📒 One-time cost or running cost: card paper? (a) a one-time cost (b) a running cost
  22. 22.📒 One-time cost or running cost: sugar? (a) a running cost (b) a one-time cost
  23. 23.Nisha has a budget of ₹600. The stock costs ₹90 and the stall fee is ₹530. Is the budget enough? (a) Yes (b) No
  24. 24.Diya plans to make 16 potted plants. Each needs ₹3 of materials, and a banner costs ₹130 once. What total budget is needed (in ₹)?
  25. 25.📒 One-time cost or running cost: paper cups? (a) a one-time cost (b) a running cost
  26. 26.True or false: “sugar” is a one-time cost. (a) False (b) True
  27. 27.Lakshmi plans to make 15 bags of popcorn. Each needs ₹2 of materials, and a banner costs ₹260 once. What total budget is needed (in ₹)?
  28. 28.📒 One-time cost or running cost: seeds and soil? (a) a running cost (b) a one-time cost
  29. 29.🔍 Which is the odd one out? (a) a juicer (b) a cloth banner (c) paper cups (d) a folding table
  30. 30.Joseph has ₹240 to spend on rolls of ribbon. One roll of ribbon costs ₹12. What is the greatest number of rolls of ribbon Joseph can buy?
  31. 31.True or false: “seeds and soil” is a running cost. (a) False (b) True
  32. 32.Nisha has ₹350 to spend on lemons. One lemon costs ₹10. What is the greatest number of lemons Nisha can buy?
  33. 33.🔍 Which is the odd one out? (a) a cloth banner (b) tea leaves and milk (c) a folding table (d) a cooler box
  34. 34.Farhan has a budget of ₹500. The stock costs ₹50 and the stall fee is ₹410. Is the budget enough? (a) Yes (b) No
  35. 35.Zoya plans to make 33 clay diyas. Each needs ₹4 of materials, and a banner costs ₹90 once. What total budget is needed (in ₹)?
  36. 36.True or false: “a cloth banner” is a running cost. (a) True (b) False
  37. 37.Riya’s stall budget is ₹760. Lemons cost ₹150, seeds cost ₹220 and a banner cost ₹170. How many rupees of the budget are left?
  38. 38.Which of these is a one-time cost? (a) a juicer (b) seeds and soil (c) ice (d) tea leaves and milk
  39. 39.Farhan’s stall budget is ₹740. Ribbon cost ₹250, paper cups cost ₹140 and napkins cost ₹120. How many rupees of the budget are left?
  40. 40.Nisha has ₹480 to spend on packs of cups. One pack of cups costs ₹4. What is the greatest number of packs of cups Nisha can buy?

Answer key

  1. Yes
  2. a running cost
  3. 56
  4. True
  5. True
  6. a running cost
  7. True
  8. 90
  9. lemons
  10. a cloth banner
  11. Yes
  12. a juicer
  13. 28
  14. True
  15. lemons
  16. paper cups
  17. seeds and soil
  18. a cash box
  19. 140
  20. a folding table
  21. a running cost
  22. a running cost
  23. No
  24. 178
  25. a running cost
  26. False
  27. 290
  28. a running cost
  29. paper cups
  30. 20
  31. True
  32. 35
  33. tea leaves and milk
  34. Yes
  35. 222
  36. False
  37. 220
  38. a juicer
  39. 230
  40. 120

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