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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 948 · 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.Joseph’s stall budget is ₹610. Lemons cost ₹160, card paper cost ₹260 and a price board cost ₹150. How many rupees of the budget are left?
  2. 2.Lakshmi plans to make 11 friendship bands. Each needs ₹3 of materials, and a banner costs ₹150 once. What total budget is needed (in ₹)?
  3. 3.True or false: “a juicer” is a one-time cost. (a) True (b) False
  4. 4.Which of these is a one-time cost? (a) ice (b) card paper (c) tea leaves and milk (d) a cooler box
  5. 5.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  6. 6.Joseph has ₹220 to spend on rolls of ribbon. One roll of ribbon costs ₹10. What is the greatest number of rolls of ribbon Joseph can buy?
  7. 7.True or false: “ice” is a running cost. (a) False (b) True
  8. 8.📒 One-time cost or running cost: paper cups? (a) a one-time cost (b) a running cost
  9. 9.📒 One-time cost or running cost: sugar? (a) a one-time cost (b) a running cost
  10. 10.True or false: “sugar” is a one-time cost. (a) True (b) False
  11. 11.Which of these is a one-time cost? (a) tea leaves and milk (b) lemons (c) sugar (d) a juicer
  12. 12.True or false: “card paper” is a running cost. (a) False (b) True
  13. 13.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost
  14. 14.Nisha has ₹490 to spend on rolls of ribbon. One roll of ribbon costs ₹6. What is the greatest number of rolls of ribbon Nisha can buy?
  15. 15.Nisha has ₹100 to spend on packs of cups. One pack of cups costs ₹4. What is the greatest number of packs of cups Nisha can buy?
  16. 16.Ananya has a budget of ₹400. The stock costs ₹60 and the stall fee is ₹370. Is the budget enough? (a) No (b) Yes
  17. 17.🔍 Which is the odd one out? (a) a cloth banner (b) ice (c) a cooler box (d) a cash box
  18. 18.🔍 Which is the odd one out? (a) paper cups (b) ice (c) tea leaves and milk (d) a folding table
  19. 19.True or false: “paper cups” is a one-time cost. (a) True (b) False
  20. 20.🔍 Which is the odd one out? (a) a cooler box (b) a price board (c) a juicer (d) card paper
  21. 21.Aarav plans to make 10 friendship bands. Each needs ₹5 of materials, and a banner costs ₹50 once. What total budget is needed (in ₹)?
  22. 22.Which of these is a one-time cost? (a) a folding table (b) lemons (c) paper cups (d) tea leaves and milk
  23. 23.📒 One-time cost or running cost: card paper? (a) a running cost (b) a one-time cost
  24. 24.🔍 Which is the odd one out? (a) a juicer (b) sugar (c) a cooler box (d) a price board
  25. 25.Ananya has ₹490 to spend on packets of seeds. One packet of seeds costs ₹4. What is the greatest number of packets of seeds Ananya can buy?
  26. 26.Which of these is a one-time cost? (a) lemons (b) tea leaves and milk (c) a price board (d) paper cups
  27. 27.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost
  28. 28.True or false: “a cash box” is a running cost. (a) True (b) False
  29. 29.True or false: “card paper” is a one-time cost. (a) True (b) False
  30. 30.Which of these is a running cost? (a) seeds and soil (b) a juicer (c) a cooler box (d) a cloth banner
  31. 31.🔍 Which is the odd one out? (a) a juicer (b) a cloth banner (c) a cash box (d) seeds and soil
  32. 32.Diya plans to make 43 paper bookmarks. Each needs ₹4 of materials, and a banner costs ₹50 once. What total budget is needed (in ₹)?
  33. 33.Zoya’s stall budget is ₹700. Seeds cost ₹240, ribbon cost ₹280 and sugar cost ₹100. How many rupees of the budget are left?
  34. 34.Diya has ₹470 to spend on lemons. One lemon costs ₹8. What is the greatest number of lemons Diya can buy?
  35. 35.Farhan’s stall budget is ₹550. Napkins cost ₹20, ribbon cost ₹140 and paper cups cost ₹160. How many rupees of the budget are left?
  36. 36.True or false: “seeds and soil” is a running cost. (a) False (b) True
  37. 37.Dev has a budget of ₹900. The stock costs ₹260 and the stall fee is ₹670. Is the budget enough? (a) Yes (b) No
  38. 38.🔍 Which is the odd one out? (a) a cash box (b) a cloth banner (c) lemons (d) a cooler box
  39. 39.Aarav has a budget of ₹900. The stock costs ₹110 and the stall fee is ₹740. Is the budget enough? (a) No (b) Yes
  40. 40.Which of these is a running cost? (a) a cash box (b) a cooler box (c) a juicer (d) tea leaves and milk

Answer key

  1. 40
  2. 183
  3. True
  4. a cooler box
  5. a one-time cost
  6. 22
  7. True
  8. a running cost
  9. a running cost
  10. False
  11. a juicer
  12. True
  13. a one-time cost
  14. 81
  15. 25
  16. No
  17. ice
  18. a folding table
  19. False
  20. card paper
  21. 100
  22. a folding table
  23. a running cost
  24. sugar
  25. 122
  26. a price board
  27. a one-time cost
  28. False
  29. False
  30. seeds and soil
  31. seeds and soil
  32. 222
  33. 80
  34. 58
  35. 230
  36. True
  37. No
  38. lemons
  39. Yes
  40. tea leaves and milk

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