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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 860 · 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.Lakshmi’s stall budget is ₹280. Pots cost ₹30, a banner cost ₹180 and a price board cost ₹30. How many rupees of the budget are left?
  2. 2.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
  3. 3.Which of these is a running cost? (a) a juicer (b) a price board (c) a folding table (d) tea leaves and milk
  4. 4.True or false: “lemons” is a running cost. (a) False (b) True
  5. 5.Saanvi plans to make 31 bags of popcorn. Each needs ₹4 of materials, and a banner costs ₹230 once. What total budget is needed (in ₹)?
  6. 6.📒 One-time cost or running cost: a cloth banner? (a) a one-time cost (b) a running cost
  7. 7.🔍 Which is the odd one out? (a) card paper (b) a cooler box (c) a price board (d) a cloth banner
  8. 8.Gurpreet has ₹480 to spend on packets of seeds. One packet of seeds costs ₹6. What is the greatest number of packets of seeds Gurpreet can buy?
  9. 9.📒 One-time cost or running cost: seeds and soil? (a) a one-time cost (b) a running cost
  10. 10.Kavya has ₹490 to spend on sheets of card paper. One sheet of card paper costs ₹10. What is the greatest number of sheets of card paper Kavya can buy?
  11. 11.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  12. 12.🔍 Which is the odd one out? (a) tea leaves and milk (b) lemons (c) card paper (d) a folding table
  13. 13.Which of these is a running cost? (a) a folding table (b) a price board (c) card paper (d) a cloth banner
  14. 14.📒 One-time cost or running cost: sugar? (a) a running cost (b) a one-time cost
  15. 15.Vihaan has ₹90 to spend on rolls of ribbon. One roll of ribbon costs ₹5. What is the greatest number of rolls of ribbon Vihaan can buy?
  16. 16.Aarav plans to make 36 paper bookmarks. Each needs ₹5 of materials, and a banner costs ₹180 once. What total budget is needed (in ₹)?
  17. 17.🔍 Which is the odd one out? (a) a cooler box (b) a cloth banner (c) a price board (d) paper cups
  18. 18.📒 One-time cost or running cost: lemons? (a) a running cost (b) a one-time cost
  19. 19.Nisha’s stall budget is ₹670. Napkins cost ₹90, pots cost ₹170 and seeds cost ₹220. How many rupees of the budget are left?
  20. 20.Which of these is a one-time cost? (a) a cloth banner (b) ice (c) sugar (d) paper cups
  21. 21.True or false: “seeds and soil” is a one-time cost. (a) True (b) False
  22. 22.Meera has ₹250 to spend on packs of cups. One pack of cups costs ₹5. What is the greatest number of packs of cups Meera can buy?
  23. 23.Kavya has ₹260 to spend on packs of cups. One pack of cups costs ₹6. What is the greatest number of packs of cups Kavya can buy?
  24. 24.🔍 Which is the odd one out? (a) ice (b) sugar (c) a cash box (d) paper cups
  25. 25.True or false: “card paper” is a running cost. (a) False (b) True
  26. 26.True or false: “a cloth banner” is a running cost. (a) True (b) False
  27. 27.Kabir has a budget of ₹1000. The stock costs ₹50 and the stall fee is ₹900. Is the budget enough? (a) Yes (b) No
  28. 28.📒 One-time cost or running cost: card paper? (a) a one-time cost (b) a running cost
  29. 29.Which of these is a running cost? (a) paper cups (b) a price board (c) a folding table (d) a cash box
  30. 30.True or false: “tea leaves and milk” is a one-time cost. (a) False (b) True
  31. 31.Tara’s stall budget is ₹520. Card paper cost ₹70, sugar cost ₹130 and paper cups cost ₹250. How many rupees of the budget are left?
  32. 32.Nisha’s stall budget is ₹770. Sugar cost ₹230, a price board cost ₹230 and a banner cost ₹90. How many rupees of the budget are left?
  33. 33.Which of these is a one-time cost? (a) card paper (b) seeds and soil (c) paper cups (d) a cooler box
  34. 34.Ishaan has ₹200 to spend on rolls of ribbon. One roll of ribbon costs ₹10. What is the greatest number of rolls of ribbon Ishaan can buy?
  35. 35.Ishaan has a budget of ₹700. The stock costs ₹290 and the stall fee is ₹360. Is the budget enough? (a) No (b) Yes
  36. 36.Which of these is a running cost? (a) a price board (b) a cooler box (c) sugar (d) a cloth banner
  37. 37.Which of these is a running cost? (a) a cloth banner (b) seeds and soil (c) a cooler box (d) a juicer
  38. 38.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
  39. 39.Gurpreet has a budget of ₹400. The stock costs ₹60 and the stall fee is ₹350. Is the budget enough? (a) Yes (b) No
  40. 40.Nisha plans to make 20 cups of lemonade. Each needs ₹7 of materials, and a banner costs ₹140 once. What total budget is needed (in ₹)?

Answer key

  1. 40
  2. a running cost
  3. tea leaves and milk
  4. True
  5. 354
  6. a one-time cost
  7. card paper
  8. 80
  9. a running cost
  10. 49
  11. a one-time cost
  12. a folding table
  13. card paper
  14. a running cost
  15. 18
  16. 360
  17. paper cups
  18. a running cost
  19. 190
  20. a cloth banner
  21. False
  22. 50
  23. 43
  24. a cash box
  25. True
  26. False
  27. Yes
  28. a running cost
  29. paper cups
  30. False
  31. 70
  32. 220
  33. a cooler box
  34. 20
  35. Yes
  36. sugar
  37. seeds and soil
  38. a one-time cost
  39. No
  40. 280

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