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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 908 · 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.Which of these is a one-time cost? (a) sugar (b) seeds and soil (c) paper cups (d) a cooler box
  2. 2.Which of these is a one-time cost? (a) card paper (b) ice (c) a price board (d) paper cups
  3. 3.Gurpreet has ₹280 to spend on sheets of card paper. One sheet of card paper costs ₹4. What is the greatest number of sheets of card paper Gurpreet can buy?
  4. 4.Ishaan has a budget of ₹800. The stock costs ₹190 and the stall fee is ₹630. Is the budget enough? (a) Yes (b) No
  5. 5.Aarav has a budget of ₹800. The stock costs ₹150 and the stall fee is ₹610. Is the budget enough? (a) Yes (b) No
  6. 6.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  7. 7.Which of these is a running cost? (a) seeds and soil (b) a juicer (c) a cooler box (d) a cash box
  8. 8.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  9. 9.Which of these is a running cost? (a) a juicer (b) a folding table (c) a cloth banner (d) card paper
  10. 10.🔍 Which is the odd one out? (a) paper cups (b) a cooler box (c) a folding table (d) a price board
  11. 11.Lakshmi has a budget of ₹800. The stock costs ₹90 and the stall fee is ₹740. Is the budget enough? (a) No (b) Yes
  12. 12.🔍 Which is the odd one out? (a) a cloth banner (b) a folding table (c) ice (d) a juicer
  13. 13.Dev’s stall budget is ₹710. Card paper cost ₹230, lemons cost ₹40 and napkins cost ₹190. How many rupees of the budget are left?
  14. 14.Which of these is a running cost? (a) a cash box (b) a cloth banner (c) a cooler box (d) lemons
  15. 15.True or false: “a folding table” is a running cost. (a) True (b) False
  16. 16.📒 One-time cost or running cost: sugar? (a) a running cost (b) a one-time cost
  17. 17.Farhan has ₹400 to spend on sheets of card paper. One sheet of card paper costs ₹5. What is the greatest number of sheets of card paper Farhan can buy?
  18. 18.Rohan has ₹170 to spend on lemons. One lemon costs ₹4. What is the greatest number of lemons Rohan can buy?
  19. 19.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
  20. 20.Kavya’s stall budget is ₹620. A price board cost ₹230, napkins cost ₹150 and card paper cost ₹100. How many rupees of the budget are left?
  21. 21.Which of these is a one-time cost? (a) a folding table (b) ice (c) tea leaves and milk (d) paper cups
  22. 22.Kabir plans to make 48 handmade cards. Each needs ₹3 of materials, and a banner costs ₹160 once. What total budget is needed (in ₹)?
  23. 23.Which of these is a one-time cost? (a) a juicer (b) card paper (c) lemons (d) tea leaves and milk
  24. 24.Riya plans to make 47 potted plants. Each needs ₹7 of materials, and a banner costs ₹150 once. What total budget is needed (in ₹)?
  25. 25.🔍 Which is the odd one out? (a) a cooler box (b) lemons (c) a cash box (d) a price board
  26. 26.Aarav has ₹50 to spend on rolls of ribbon. One roll of ribbon costs ₹10. What is the greatest number of rolls of ribbon Aarav can buy?
  27. 27.Rohan has a budget of ₹500. The stock costs ₹170 and the stall fee is ₹320. Is the budget enough? (a) Yes (b) No
  28. 28.True or false: “sugar” is a one-time cost. (a) False (b) True
  29. 29.True or false: “seeds and soil” is a one-time cost. (a) False (b) True
  30. 30.Which of these is a one-time cost? (a) a cash box (b) lemons (c) card paper (d) tea leaves and milk
  31. 31.Rohan has a budget of ₹300. The stock costs ₹110 and the stall fee is ₹230. Is the budget enough? (a) No (b) Yes
  32. 32.Arjun’s stall budget is ₹310. Lemons cost ₹20, card paper cost ₹130 and ribbon cost ₹70. How many rupees of the budget are left?
  33. 33.🔍 Which is the odd one out? (a) a price board (b) a cash box (c) a cloth banner (d) tea leaves and milk
  34. 34.Dev has ₹400 to spend on sheets of card paper. One sheet of card paper costs ₹12. What is the greatest number of sheets of card paper Dev can buy?
  35. 35.Joseph plans to make 21 jute bags. Each needs ₹10 of materials, and a banner costs ₹280 once. What total budget is needed (in ₹)?
  36. 36.Dev has a budget of ₹600. The stock costs ₹60 and the stall fee is ₹520. Is the budget enough? (a) No (b) Yes
  37. 37.📒 One-time cost or running cost: card paper? (a) a running cost (b) a one-time cost
  38. 38.True or false: “ice” is a one-time cost. (a) False (b) True
  39. 39.Kabir has a budget of ₹400. The stock costs ₹190 and the stall fee is ₹230. Is the budget enough? (a) No (b) Yes
  40. 40.True or false: “a cloth banner” is a one-time cost. (a) True (b) False

Answer key

  1. a cooler box
  2. a price board
  3. 70
  4. No
  5. Yes
  6. a one-time cost
  7. seeds and soil
  8. a one-time cost
  9. card paper
  10. paper cups
  11. No
  12. ice
  13. 250
  14. lemons
  15. False
  16. a running cost
  17. 80
  18. 42
  19. a running cost
  20. 140
  21. a folding table
  22. 304
  23. a juicer
  24. 479
  25. lemons
  26. 5
  27. Yes
  28. False
  29. False
  30. a cash box
  31. No
  32. 90
  33. tea leaves and milk
  34. 33
  35. 490
  36. Yes
  37. a running cost
  38. False
  39. No
  40. True

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