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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 921 · 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 price board? (a) a one-time cost (b) a running cost
  2. 2.Aarav has a budget of ₹600. The stock costs ₹70 and the stall fee is ₹540. Is the budget enough? (a) Yes (b) No
  3. 3.True or false: “a cash box” is a one-time cost. (a) False (b) True
  4. 4.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
  5. 5.True or false: “a juicer” is a running cost. (a) False (b) True
  6. 6.Meera plans to make 10 paper bookmarks. Each needs ₹8 of materials, and a banner costs ₹260 once. What total budget is needed (in ₹)?
  7. 7.Riya has ₹220 to spend on packets of seeds. One packet of seeds costs ₹4. What is the greatest number of packets of seeds Riya can buy?
  8. 8.Saanvi has ₹180 to spend on lemons. One lemon costs ₹8. What is the greatest number of lemons Saanvi can buy?
  9. 9.📒 One-time cost or running cost: a cash box? (a) a one-time cost (b) a running cost
  10. 10.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost
  11. 11.🔍 Which is the odd one out? (a) a cooler box (b) a cash box (c) a folding table (d) ice
  12. 12.📒 One-time cost or running cost: a cloth banner? (a) a one-time cost (b) a running cost
  13. 13.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
  14. 14.True or false: “a price board” is a running cost. (a) True (b) False
  15. 15.Kavya plans to make 37 fruit cups. Each needs ₹4 of materials, and a banner costs ₹300 once. What total budget is needed (in ₹)?
  16. 16.Which of these is a running cost? (a) a folding table (b) a cloth banner (c) a price board (d) tea leaves and milk
  17. 17.Rohan’s stall budget is ₹800. Paper cups cost ₹240, a banner cost ₹300 and pots cost ₹50. How many rupees of the budget are left?
  18. 18.📒 One-time cost or running cost: lemons? (a) a running cost (b) a one-time cost
  19. 19.Which of these is a one-time cost? (a) paper cups (b) seeds and soil (c) sugar (d) a cash box
  20. 20.Meera has ₹350 to spend on packs of cups. One pack of cups costs ₹15. What is the greatest number of packs of cups Meera can buy?
  21. 21.True or false: “paper cups” is a running cost. (a) False (b) True
  22. 22.🔍 Which is the odd one out? (a) a juicer (b) a price board (c) sugar (d) a cloth banner
  23. 23.Meera’s stall budget is ₹310. Paper cups cost ₹130, napkins cost ₹60 and a price board cost ₹20. How many rupees of the budget are left?
  24. 24.Meera’s stall budget is ₹490. Paper cups cost ₹30, sugar cost ₹190 and ribbon cost ₹160. How many rupees of the budget are left?
  25. 25.Which of these is a one-time cost? (a) seeds and soil (b) card paper (c) paper cups (d) a price board
  26. 26.True or false: “a cloth banner” is a running cost. (a) False (b) True
  27. 27.Which of these is a running cost? (a) a folding table (b) a cooler box (c) a price board (d) ice
  28. 28.Lakshmi has a budget of ₹600. The stock costs ₹210 and the stall fee is ₹380. Is the budget enough? (a) No (b) Yes
  29. 29.🔍 Which is the odd one out? (a) card paper (b) a price board (c) tea leaves and milk (d) sugar
  30. 30.Ananya has a budget of ₹300. The stock costs ₹140 and the stall fee is ₹150. Is the budget enough? (a) No (b) Yes
  31. 31.Ananya’s stall budget is ₹740. A price board cost ₹150, seeds cost ₹190 and card paper cost ₹170. How many rupees of the budget are left?
  32. 32.Saanvi’s stall budget is ₹460. Lemons cost ₹100, pots cost ₹90 and sugar cost ₹30. How many rupees of the budget are left?
  33. 33.Gurpreet has ₹240 to spend on packets of seeds. One packet of seeds costs ₹20. What is the greatest number of packets of seeds Gurpreet can buy?
  34. 34.Aarav has ₹70 to spend on packets of seeds. One packet of seeds costs ₹4. What is the greatest number of packets of seeds Aarav can buy?
  35. 35.Which of these is a one-time cost? (a) lemons (b) a cooler box (c) seeds and soil (d) paper cups
  36. 36.Meera has ₹410 to spend on packets of seeds. One packet of seeds costs ₹12. What is the greatest number of packets of seeds Meera can buy?
  37. 37.Rohan’s stall budget is ₹380. Sugar cost ₹220, paper cups cost ₹40 and a banner cost ₹100. How many rupees of the budget are left?
  38. 38.📒 One-time cost or running cost: card paper? (a) a one-time cost (b) a running cost
  39. 39.Gurpreet plans to make 19 paper bookmarks. Each needs ₹8 of materials, and a banner costs ₹140 once. What total budget is needed (in ₹)?
  40. 40.🔍 Which is the odd one out? (a) a juicer (b) ice (c) seeds and soil (d) sugar

Answer key

  1. a one-time cost
  2. No
  3. True
  4. a one-time cost
  5. False
  6. 340
  7. 55
  8. 22
  9. a one-time cost
  10. a one-time cost
  11. ice
  12. a one-time cost
  13. a one-time cost
  14. False
  15. 448
  16. tea leaves and milk
  17. 210
  18. a running cost
  19. a cash box
  20. 23
  21. True
  22. sugar
  23. 100
  24. 110
  25. a price board
  26. False
  27. ice
  28. Yes
  29. a price board
  30. Yes
  31. 230
  32. 240
  33. 12
  34. 17
  35. a cooler box
  36. 34
  37. 20
  38. a running cost
  39. 292
  40. a juicer

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