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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 898 · 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.📒 One-time cost or running cost: a cash box? (a) a one-time cost (b) a running cost
  2. 2.Which of these is a running cost? (a) a cloth banner (b) a price board (c) a cash box (d) card paper
  3. 3.True or false: “a cloth banner” is a one-time cost. (a) False (b) True
  4. 4.🔍 Which is the odd one out? (a) a folding table (b) sugar (c) a cooler box (d) a cash box
  5. 5.Meera plans to make 15 cupcakes. Each needs ₹9 of materials, and a banner costs ₹120 once. What total budget is needed (in ₹)?
  6. 6.Which of these is a running cost? (a) tea leaves and milk (b) a folding table (c) a cloth banner (d) a cash box
  7. 7.Tara’s stall budget is ₹670. Seeds cost ₹290, paper cups cost ₹50 and lemons cost ₹270. How many rupees of the budget are left?
  8. 8.🔍 Which is the odd one out? (a) a cooler box (b) card paper (c) a cloth banner (d) a cash box
  9. 9.Which of these is a running cost? (a) a price board (b) a cloth banner (c) a folding table (d) ice
  10. 10.Which of these is a one-time cost? (a) paper cups (b) seeds and soil (c) sugar (d) a cooler box
  11. 11.Tara has ₹450 to spend on packs of cups. One pack of cups costs ₹6. What is the greatest number of packs of cups Tara can buy?
  12. 12.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  13. 13.Riya’s stall budget is ₹860. Ribbon cost ₹60, paper cups cost ₹240 and napkins cost ₹260. How many rupees of the budget are left?
  14. 14.True or false: “a price board” is a one-time cost. (a) False (b) True
  15. 15.Rohan has ₹120 to spend on packets of seeds. One packet of seeds costs ₹12. What is the greatest number of packets of seeds Rohan can buy?
  16. 16.True or false: “lemons” is a one-time cost. (a) True (b) False
  17. 17.Farhan plans to make 19 potted plants. Each needs ₹2 of materials, and a banner costs ₹250 once. What total budget is needed (in ₹)?
  18. 18.🔍 Which is the odd one out? (a) tea leaves and milk (b) a cloth banner (c) a price board (d) a juicer
  19. 19.Dev plans to make 44 cups of lemonade. Each needs ₹3 of materials, and a banner costs ₹140 once. What total budget is needed (in ₹)?
  20. 20.Arjun’s stall budget is ₹590. Ribbon cost ₹80, a price board cost ₹290 and pots cost ₹80. How many rupees of the budget are left?
  21. 21.True or false: “sugar” is a one-time cost. (a) False (b) True
  22. 22.Kavya has ₹50 to spend on sheets of card paper. One sheet of card paper costs ₹5. What is the greatest number of sheets of card paper Kavya can buy?
  23. 23.True or false: “sugar” is a running cost. (a) True (b) False
  24. 24.True or false: “paper cups” is a one-time cost. (a) True (b) False
  25. 25.True or false: “a folding table” is a running cost. (a) True (b) False
  26. 26.Dev’s stall budget is ₹970. Ribbon cost ₹290, a banner cost ₹130 and sugar cost ₹280. How many rupees of the budget are left?
  27. 27.Ishaan’s stall budget is ₹500. Card paper cost ₹170, ribbon cost ₹110 and sugar cost ₹20. How many rupees of the budget are left?
  28. 28.True or false: “card paper” is a running cost. (a) True (b) False
  29. 29.Aarav has ₹360 to spend on packets of seeds. One packet of seeds costs ₹6. What is the greatest number of packets of seeds Aarav can buy?
  30. 30.Which of these is a one-time cost? (a) card paper (b) paper cups (c) seeds and soil (d) a cash box
  31. 31.Aarav’s stall budget is ₹420. Seeds cost ₹180, sugar cost ₹130 and ribbon cost ₹50. How many rupees of the budget are left?
  32. 32.🔍 Which is the odd one out? (a) a folding table (b) a juicer (c) ice (d) a cooler box
  33. 33.📒 One-time cost or running cost: card paper? (a) a running cost (b) a one-time cost
  34. 34.Gurpreet plans to make 15 cupcakes. Each needs ₹5 of materials, and a banner costs ₹270 once. What total budget is needed (in ₹)?
  35. 35.📒 One-time cost or running cost: lemons? (a) a one-time cost (b) a running cost
  36. 36.Aarav’s stall budget is ₹680. Paper cups cost ₹70, seeds cost ₹240 and ribbon cost ₹280. How many rupees of the budget are left?
  37. 37.Kabir plans to make 16 friendship bands. Each needs ₹3 of materials, and a banner costs ₹210 once. What total budget is needed (in ₹)?
  38. 38.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost
  39. 39.📒 One-time cost or running cost: seeds and soil? (a) a one-time cost (b) a running cost
  40. 40.📒 One-time cost or running cost: ice? (a) a one-time cost (b) a running cost

Answer key

  1. a one-time cost
  2. card paper
  3. True
  4. sugar
  5. 255
  6. tea leaves and milk
  7. 60
  8. card paper
  9. ice
  10. a cooler box
  11. 75
  12. a one-time cost
  13. 300
  14. True
  15. 10
  16. False
  17. 288
  18. tea leaves and milk
  19. 272
  20. 140
  21. False
  22. 10
  23. True
  24. False
  25. False
  26. 270
  27. 200
  28. True
  29. 60
  30. a cash box
  31. 60
  32. ice
  33. a running cost
  34. 345
  35. a running cost
  36. 90
  37. 258
  38. a one-time cost
  39. a running cost
  40. a running cost

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