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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 118 · 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) ice (b) seeds and soil (c) lemons (d) a juicer
  2. 2.Aarav has ₹190 to spend on packets of seeds. One packet of seeds costs ₹6. What is the greatest number of packets of seeds Aarav can buy?
  3. 3.Nisha has a budget of ₹400. The stock costs ₹100 and the stall fee is ₹260. Is the budget enough? (a) No (b) Yes
  4. 4.🔍 Which is the odd one out? (a) ice (b) a juicer (c) a price board (d) a cooler box
  5. 5.Nisha has a budget of ₹600. The stock costs ₹240 and the stall fee is ₹330. Is the budget enough? (a) Yes (b) No
  6. 6.Zoya’s stall budget is ₹970. Pots cost ₹280, a price board cost ₹210 and a banner cost ₹250. How many rupees of the budget are left?
  7. 7.Ananya’s stall budget is ₹610. A banner cost ₹100, card paper cost ₹100 and seeds cost ₹250. How many rupees of the budget are left?
  8. 8.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
  9. 9.Meera has ₹60 to spend on lemons. One lemon costs ₹4. What is the greatest number of lemons Meera can buy?
  10. 10.True or false: “a cash box” is a one-time cost. (a) True (b) False
  11. 11.Rohan’s stall budget is ₹280. Sugar cost ₹100, paper cups cost ₹90 and napkins cost ₹40. How many rupees of the budget are left?
  12. 12.Rohan plans to make 32 cupcakes. Each needs ₹2 of materials, and a banner costs ₹170 once. What total budget is needed (in ₹)?
  13. 13.Riya has ₹460 to spend on rolls of ribbon. One roll of ribbon costs ₹4. What is the greatest number of rolls of ribbon Riya can buy?
  14. 14.Kabir has ₹280 to spend on packs of cups. One pack of cups costs ₹15. What is the greatest number of packs of cups Kabir can buy?
  15. 15.Zoya has a budget of ₹600. The stock costs ₹190 and the stall fee is ₹390. Is the budget enough? (a) No (b) Yes
  16. 16.Which of these is a running cost? (a) a folding table (b) a cash box (c) paper cups (d) a price board
  17. 17.True or false: “a cash box” is a running cost. (a) False (b) True
  18. 18.🔍 Which is the odd one out? (a) lemons (b) sugar (c) paper cups (d) a price board
  19. 19.Which of these is a running cost? (a) seeds and soil (b) a juicer (c) a cash box (d) a price board
  20. 20.Gurpreet’s stall budget is ₹870. Sugar cost ₹270, ribbon cost ₹270 and a price board cost ₹300. How many rupees of the budget are left?
  21. 21.📒 One-time cost or running cost: lemons? (a) a one-time cost (b) a running cost
  22. 22.Kavya plans to make 47 fruit cups. Each needs ₹10 of materials, and a banner costs ₹300 once. What total budget is needed (in ₹)?
  23. 23.🔍 Which is the odd one out? (a) a juicer (b) sugar (c) tea leaves and milk (d) lemons
  24. 24.Gurpreet plans to make 38 handmade cards. Each needs ₹5 of materials, and a banner costs ₹90 once. What total budget is needed (in ₹)?
  25. 25.True or false: “seeds and soil” is a one-time cost. (a) False (b) True
  26. 26.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  27. 27.True or false: “a cooler box” is a one-time cost. (a) False (b) True
  28. 28.Which of these is a one-time cost? (a) ice (b) sugar (c) a price board (d) lemons
  29. 29.True or false: “ice” is a one-time cost. (a) True (b) False
  30. 30.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  31. 31.Kabir’s stall budget is ₹590. Paper cups cost ₹80, sugar cost ₹220 and pots cost ₹240. How many rupees of the budget are left?
  32. 32.Which of these is a running cost? (a) a price board (b) lemons (c) a juicer (d) a folding table
  33. 33.Lakshmi has ₹50 to spend on sheets of card paper. One sheet of card paper costs ₹10. What is the greatest number of sheets of card paper Lakshmi can buy?
  34. 34.Nisha has a budget of ₹300. The stock costs ₹140 and the stall fee is ₹120. Is the budget enough? (a) Yes (b) No
  35. 35.🔍 Which is the odd one out? (a) lemons (b) tea leaves and milk (c) a cooler box (d) sugar
  36. 36.Which of these is a running cost? (a) card paper (b) a cooler box (c) a folding table (d) a cash box
  37. 37.Which of these is a one-time cost? (a) ice (b) tea leaves and milk (c) card paper (d) a cloth banner
  38. 38.Lakshmi’s stall budget is ₹470. Seeds cost ₹80, sugar cost ₹30 and ribbon cost ₹290. How many rupees of the budget are left?
  39. 39.🔍 Which is the odd one out? (a) lemons (b) a cloth banner (c) tea leaves and milk (d) seeds and soil
  40. 40.📒 One-time cost or running cost: card paper? (a) a one-time cost (b) a running cost

Answer key

  1. a juicer
  2. 31
  3. Yes
  4. ice
  5. Yes
  6. 230
  7. 160
  8. a one-time cost
  9. 15
  10. True
  11. 50
  12. 234
  13. 115
  14. 18
  15. Yes
  16. paper cups
  17. False
  18. a price board
  19. seeds and soil
  20. 30
  21. a running cost
  22. 770
  23. a juicer
  24. 280
  25. False
  26. a one-time cost
  27. True
  28. a price board
  29. False
  30. a one-time cost
  31. 50
  32. lemons
  33. 5
  34. Yes
  35. a cooler box
  36. card paper
  37. a cloth banner
  38. 70
  39. a cloth banner
  40. a running cost

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