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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 89 · 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.Arjun’s stall budget is ₹710. A banner cost ₹190, pots cost ₹70 and seeds cost ₹280. How many rupees of the budget are left?
  2. 2.True or false: “a price board” is a one-time cost. (a) True (b) False
  3. 3.Which of these is a running cost? (a) a cloth banner (b) a juicer (c) a cash box (d) card paper
  4. 4.Meera has ₹330 to spend on packs of cups. One pack of cups costs ₹15. What is the greatest number of packs of cups Meera can buy?
  5. 5.Rohan’s stall budget is ₹780. A banner cost ₹180, card paper cost ₹290 and ribbon cost ₹50. How many rupees of the budget are left?
  6. 6.True or false: “a folding table” is a one-time cost. (a) False (b) True
  7. 7.True or false: “a cloth banner” is a running cost. (a) True (b) False
  8. 8.Which of these is a running cost? (a) a price board (b) ice (c) a folding table (d) a cloth banner
  9. 9.🔍 Which is the odd one out? (a) card paper (b) a cloth banner (c) paper cups (d) lemons
  10. 10.Gurpreet has a budget of ₹1000. The stock costs ₹170 and the stall fee is ₹840. Is the budget enough? (a) Yes (b) No
  11. 11.True or false: “a price board” is a running cost. (a) False (b) True
  12. 12.🔍 Which is the odd one out? (a) tea leaves and milk (b) a cooler box (c) card paper (d) ice
  13. 13.Tara has ₹420 to spend on lemons. One lemon costs ₹12. What is the greatest number of lemons Tara can buy?
  14. 14.Diya has a budget of ₹400. The stock costs ₹130 and the stall fee is ₹250. Is the budget enough? (a) No (b) Yes
  15. 15.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
  16. 16.True or false: “lemons” is a running cost. (a) True (b) False
  17. 17.📒 One-time cost or running cost: paper cups? (a) a one-time cost (b) a running cost
  18. 18.🔍 Which is the odd one out? (a) a folding table (b) lemons (c) card paper (d) seeds and soil
  19. 19.Vihaan has ₹120 to spend on packets of seeds. One packet of seeds costs ₹5. What is the greatest number of packets of seeds Vihaan can buy?
  20. 20.Kabir has ₹310 to spend on sheets of card paper. One sheet of card paper costs ₹4. What is the greatest number of sheets of card paper Kabir can buy?
  21. 21.Ananya plans to make 16 paper bookmarks. Each needs ₹6 of materials, and a banner costs ₹90 once. What total budget is needed (in ₹)?
  22. 22.Which of these is a one-time cost? (a) lemons (b) a cloth banner (c) paper cups (d) sugar
  23. 23.Lakshmi’s stall budget is ₹520. Lemons cost ₹20, a price board cost ₹140 and card paper cost ₹80. How many rupees of the budget are left?
  24. 24.True or false: “a cooler box” is a one-time cost. (a) False (b) True
  25. 25.Lakshmi’s stall budget is ₹900. A banner cost ₹300, lemons cost ₹260 and card paper cost ₹170. How many rupees of the budget are left?
  26. 26.True or false: “tea leaves and milk” is a running cost. (a) True (b) False
  27. 27.🔍 Which is the odd one out? (a) a price board (b) a folding table (c) tea leaves and milk (d) a cooler box
  28. 28.Kabir has ₹150 to spend on sheets of card paper. One sheet of card paper costs ₹8. What is the greatest number of sheets of card paper Kabir can buy?
  29. 29.📒 One-time cost or running cost: ice? (a) a running cost (b) a one-time cost
  30. 30.🔍 Which is the odd one out? (a) a price board (b) lemons (c) paper cups (d) tea leaves and milk
  31. 31.🔍 Which is the odd one out? (a) seeds and soil (b) a cloth banner (c) a cash box (d) a cooler box
  32. 32.📒 One-time cost or running cost: a price board? (a) a one-time cost (b) a running cost
  33. 33.Which of these is a one-time cost? (a) sugar (b) lemons (c) a cash box (d) tea leaves and milk
  34. 34.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost
  35. 35.Arjun plans to make 11 cups of lemonade. Each needs ₹4 of materials, and a banner costs ₹220 once. What total budget is needed (in ₹)?
  36. 36.Kabir’s stall budget is ₹660. A banner cost ₹190, seeds cost ₹300 and paper cups cost ₹130. How many rupees of the budget are left?
  37. 37.Which of these is a one-time cost? (a) ice (b) lemons (c) a price board (d) card paper
  38. 38.🔍 Which is the odd one out? (a) a cash box (b) a cloth banner (c) a juicer (d) lemons
  39. 39.Lakshmi has a budget of ₹400. The stock costs ₹110 and the stall fee is ₹240. Is the budget enough? (a) No (b) Yes
  40. 40.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost

Answer key

  1. 170
  2. True
  3. card paper
  4. 22
  5. 260
  6. True
  7. False
  8. ice
  9. a cloth banner
  10. No
  11. False
  12. a cooler box
  13. 35
  14. Yes
  15. a running cost
  16. True
  17. a running cost
  18. a folding table
  19. 24
  20. 77
  21. 186
  22. a cloth banner
  23. 280
  24. True
  25. 170
  26. True
  27. tea leaves and milk
  28. 18
  29. a running cost
  30. a price board
  31. seeds and soil
  32. a one-time cost
  33. a cash box
  34. a one-time cost
  35. 264
  36. 40
  37. a price board
  38. lemons
  39. Yes
  40. a one-time cost

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