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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 905 · 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: sugar? (a) a running cost (b) a one-time cost
  2. 2.Farhan has ₹270 to spend on packs of cups. One pack of cups costs ₹6. What is the greatest number of packs of cups Farhan can buy?
  3. 3.Which of these is a running cost? (a) a folding table (b) a price board (c) a cooler box (d) seeds and soil
  4. 4.Rohan’s stall budget is ₹410. Paper cups cost ₹60, a banner cost ₹80 and napkins cost ₹30. How many rupees of the budget are left?
  5. 5.Farhan’s stall budget is ₹690. Paper cups cost ₹180, a banner cost ₹160 and sugar cost ₹260. How many rupees of the budget are left?
  6. 6.Joseph plans to make 24 paper bookmarks. Each needs ₹9 of materials, and a banner costs ₹170 once. What total budget is needed (in ₹)?
  7. 7.Which of these is a running cost? (a) paper cups (b) a price board (c) a cash box (d) a folding table
  8. 8.🔍 Which is the odd one out? (a) a cloth banner (b) seeds and soil (c) a folding table (d) a price board
  9. 9.Nisha’s stall budget is ₹280. Lemons cost ₹40, card paper cost ₹30 and a price board cost ₹150. How many rupees of the budget are left?
  10. 10.🔍 Which is the odd one out? (a) a folding table (b) a price board (c) a juicer (d) paper cups
  11. 11.True or false: “seeds and soil” is a running cost. (a) False (b) True
  12. 12.📒 One-time cost or running cost: seeds and soil? (a) a one-time cost (b) a running cost
  13. 13.Which of these is a running cost? (a) a cooler box (b) a price board (c) tea leaves and milk (d) a folding table
  14. 14.Rohan’s stall budget is ₹640. Pots cost ₹160, a banner cost ₹30 and ribbon cost ₹170. How many rupees of the budget are left?
  15. 15.Which of these is a one-time cost? (a) tea leaves and milk (b) card paper (c) a cloth banner (d) seeds and soil
  16. 16.Riya has a budget of ₹500. The stock costs ₹110 and the stall fee is ₹380. Is the budget enough? (a) Yes (b) No
  17. 17.True or false: “a cash box” is a running cost. (a) True (b) False
  18. 18.Saanvi’s stall budget is ₹910. Paper cups cost ₹300, a banner cost ₹210 and ribbon cost ₹160. How many rupees of the budget are left?
  19. 19.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
  20. 20.Tara plans to make 14 potted plants. Each needs ₹3 of materials, and a banner costs ₹130 once. What total budget is needed (in ₹)?
  21. 21.True or false: “lemons” is a running cost. (a) False (b) True
  22. 22.True or false: “paper cups” is a running cost. (a) False (b) True
  23. 23.Arjun plans to make 33 painted pebbles. Each needs ₹2 of materials, and a banner costs ₹140 once. What total budget is needed (in ₹)?
  24. 24.Meera plans to make 50 handmade cards. Each needs ₹7 of materials, and a banner costs ₹210 once. What total budget is needed (in ₹)?
  25. 25.🔍 Which is the odd one out? (a) card paper (b) a folding table (c) tea leaves and milk (d) sugar
  26. 26.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  27. 27.🔍 Which is the odd one out? (a) a price board (b) a folding table (c) a juicer (d) tea leaves and milk
  28. 28.Lakshmi plans to make 44 cups of lemonade. Each needs ₹4 of materials, and a banner costs ₹160 once. What total budget is needed (in ₹)?
  29. 29.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  30. 30.Meera has a budget of ₹400. The stock costs ₹190 and the stall fee is ₹210. Is the budget enough? (a) No (b) Yes
  31. 31.Ananya plans to make 45 friendship bands. Each needs ₹2 of materials, and a banner costs ₹270 once. What total budget is needed (in ₹)?
  32. 32.Which of these is a one-time cost? (a) tea leaves and milk (b) sugar (c) ice (d) a cash box
  33. 33.Zoya has ₹120 to spend on packs of cups. One pack of cups costs ₹6. What is the greatest number of packs of cups Zoya can buy?
  34. 34.Which of these is a one-time cost? (a) lemons (b) paper cups (c) ice (d) a juicer
  35. 35.Tara’s stall budget is ₹410. Napkins cost ₹270, a price board cost ₹80 and lemons cost ₹40. How many rupees of the budget are left?
  36. 36.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
  37. 37.Which of these is a running cost? (a) a price board (b) a cloth banner (c) sugar (d) a juicer
  38. 38.📒 One-time cost or running cost: card paper? (a) a one-time cost (b) a running cost
  39. 39.True or false: “sugar” is a running cost. (a) True (b) False
  40. 40.Which of these is a running cost? (a) a folding table (b) a cloth banner (c) card paper (d) a price board

Answer key

  1. a running cost
  2. 45
  3. seeds and soil
  4. 240
  5. 90
  6. 386
  7. paper cups
  8. seeds and soil
  9. 60
  10. paper cups
  11. True
  12. a running cost
  13. tea leaves and milk
  14. 280
  15. a cloth banner
  16. Yes
  17. False
  18. 240
  19. a running cost
  20. 172
  21. True
  22. True
  23. 206
  24. 560
  25. a folding table
  26. a one-time cost
  27. tea leaves and milk
  28. 336
  29. a one-time cost
  30. Yes
  31. 360
  32. a cash box
  33. 20
  34. a juicer
  35. 20
  36. a one-time cost
  37. sugar
  38. a running cost
  39. True
  40. card paper

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