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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 907 · 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 juicer? (a) a one-time cost (b) a running cost
  2. 2.Diya has ₹250 to spend on rolls of ribbon. One roll of ribbon costs ₹10. What is the greatest number of rolls of ribbon Diya can buy?
  3. 3.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost
  4. 4.📒 One-time cost or running cost: ice? (a) a one-time cost (b) a running cost
  5. 5.Joseph plans to make 29 glasses of chai. Each needs ₹8 of materials, and a banner costs ₹50 once. What total budget is needed (in ₹)?
  6. 6.🔍 Which is the odd one out? (a) card paper (b) a cooler box (c) tea leaves and milk (d) sugar
  7. 7.Which of these is a running cost? (a) a price board (b) a cash box (c) a juicer (d) lemons
  8. 8.Gurpreet’s stall budget is ₹640. Lemons cost ₹160, card paper cost ₹190 and sugar cost ₹130. How many rupees of the budget are left?
  9. 9.Ishaan’s stall budget is ₹540. A price board cost ₹60, paper cups cost ₹180 and sugar cost ₹130. How many rupees of the budget are left?
  10. 10.True or false: “sugar” is a one-time cost. (a) False (b) True
  11. 11.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
  12. 12.Vihaan’s stall budget is ₹1070. Card paper cost ₹290, lemons cost ₹250 and a price board cost ₹230. How many rupees of the budget are left?
  13. 13.🔍 Which is the odd one out? (a) ice (b) a price board (c) a cooler box (d) a folding table
  14. 14.Zoya’s stall budget is ₹580. Pots cost ₹90, a banner cost ₹30 and ribbon cost ₹160. How many rupees of the budget are left?
  15. 15.📒 One-time cost or running cost: seeds and soil? (a) a one-time cost (b) a running cost
  16. 16.🔍 Which is the odd one out? (a) sugar (b) a cooler box (c) a folding table (d) a juicer
  17. 17.Gurpreet has a budget of ₹400. The stock costs ₹110 and the stall fee is ₹260. Is the budget enough? (a) No (b) Yes
  18. 18.True or false: “ice” is a one-time cost. (a) False (b) True
  19. 19.Which of these is a running cost? (a) a cooler box (b) a juicer (c) a cloth banner (d) paper cups
  20. 20.True or false: “paper cups” is a one-time cost. (a) True (b) False
  21. 21.Diya has ₹390 to spend on packs of cups. One pack of cups costs ₹12. What is the greatest number of packs of cups Diya can buy?
  22. 22.📒 One-time cost or running cost: card paper? (a) a running cost (b) a one-time cost
  23. 23.Meera has ₹470 to spend on sheets of card paper. One sheet of card paper costs ₹10. What is the greatest number of sheets of card paper Meera can buy?
  24. 24.Gurpreet plans to make 44 jute bags. Each needs ₹8 of materials, and a banner costs ₹280 once. What total budget is needed (in ₹)?
  25. 25.Arjun plans to make 37 paper bookmarks. Each needs ₹10 of materials, and a banner costs ₹200 once. What total budget is needed (in ₹)?
  26. 26.Which of these is a running cost? (a) a cloth banner (b) a folding table (c) a price board (d) seeds and soil
  27. 27.True or false: “a juicer” is a one-time cost. (a) False (b) True
  28. 28.Joseph has ₹490 to spend on packets of seeds. One packet of seeds costs ₹5. What is the greatest number of packets of seeds Joseph can buy?
  29. 29.Diya’s stall budget is ₹750. Card paper cost ₹170, lemons cost ₹210 and paper cups cost ₹280. How many rupees of the budget are left?
  30. 30.🔍 Which is the odd one out? (a) seeds and soil (b) a price board (c) sugar (d) paper cups
  31. 31.True or false: “a price board” is a running cost. (a) False (b) True
  32. 32.🔍 Which is the odd one out? (a) a cash box (b) a juicer (c) lemons (d) a cloth banner
  33. 33.Tara has ₹340 to spend on rolls of ribbon. One roll of ribbon costs ₹8. What is the greatest number of rolls of ribbon Tara can buy?
  34. 34.📒 One-time cost or running cost: sugar? (a) a one-time cost (b) a running cost
  35. 35.Which of these is a one-time cost? (a) sugar (b) a folding table (c) ice (d) paper cups
  36. 36.🔍 Which is the odd one out? (a) a folding table (b) a cash box (c) tea leaves and milk (d) a cloth banner
  37. 37.🔍 Which is the odd one out? (a) card paper (b) paper cups (c) sugar (d) a cloth banner
  38. 38.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  39. 39.True or false: “ice” is a running cost. (a) True (b) False
  40. 40.True or false: “card paper” is a one-time cost. (a) True (b) False

Answer key

  1. a one-time cost
  2. 25
  3. a one-time cost
  4. a running cost
  5. 282
  6. a cooler box
  7. lemons
  8. 160
  9. 170
  10. False
  11. a one-time cost
  12. 300
  13. ice
  14. 300
  15. a running cost
  16. sugar
  17. Yes
  18. False
  19. paper cups
  20. False
  21. 32
  22. a running cost
  23. 47
  24. 632
  25. 570
  26. seeds and soil
  27. True
  28. 98
  29. 90
  30. a price board
  31. False
  32. lemons
  33. 42
  34. a running cost
  35. a folding table
  36. tea leaves and milk
  37. a cloth banner
  38. a one-time cost
  39. True
  40. False

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