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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 150 · 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.Kabir has ₹500 to spend on lemons. One lemon costs ₹8. What is the greatest number of lemons Kabir can buy?
  2. 2.Which of these is a running cost? (a) card paper (b) a price board (c) a folding table (d) a cloth banner
  3. 3.Saanvi has ₹80 to spend on rolls of ribbon. One roll of ribbon costs ₹8. What is the greatest number of rolls of ribbon Saanvi can buy?
  4. 4.Which of these is a running cost? (a) a cash box (b) a cooler box (c) a folding table (d) sugar
  5. 5.Which of these is a one-time cost? (a) sugar (b) ice (c) a folding table (d) seeds and soil
  6. 6.Which of these is a running cost? (a) seeds and soil (b) a cash box (c) a folding table (d) a cooler box
  7. 7.Kavya has a budget of ₹800. The stock costs ₹290 and the stall fee is ₹550. Is the budget enough? (a) No (b) Yes
  8. 8.Riya’s stall budget is ₹500. Lemons cost ₹110, card paper cost ₹260 and seeds cost ₹20. How many rupees of the budget are left?
  9. 9.Aarav’s stall budget is ₹520. Lemons cost ₹80, card paper cost ₹50 and seeds cost ₹190. How many rupees of the budget are left?
  10. 10.True or false: “card paper” is a one-time cost. (a) False (b) True
  11. 11.🔍 Which is the odd one out? (a) lemons (b) paper cups (c) card paper (d) a price board
  12. 12.True or false: “lemons” is a running cost. (a) True (b) False
  13. 13.Diya has ₹50 to spend on rolls of ribbon. One roll of ribbon costs ₹15. What is the greatest number of rolls of ribbon Diya can buy?
  14. 14.Dev has a budget of ₹800. The stock costs ₹100 and the stall fee is ₹730. Is the budget enough? (a) Yes (b) No
  15. 15.Tara has ₹260 to spend on packs of cups. One pack of cups costs ₹4. What is the greatest number of packs of cups Tara can buy?
  16. 16.Which of these is a one-time cost? (a) ice (b) a cooler box (c) lemons (d) seeds and soil
  17. 17.📒 One-time cost or running cost: a cash box? (a) a one-time cost (b) a running cost
  18. 18.Diya has ₹420 to spend on packs of cups. One pack of cups costs ₹15. What is the greatest number of packs of cups Diya 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.True or false: “a cloth banner” is a running cost. (a) True (b) False
  21. 21.True or false: “sugar” is a running cost. (a) False (b) True
  22. 22.Joseph has ₹340 to spend on packets of seeds. One packet of seeds costs ₹5. What is the greatest number of packets of seeds Joseph can buy?
  23. 23.True or false: “ice” is a one-time cost. (a) True (b) False
  24. 24.Dev has a budget of ₹900. The stock costs ₹170 and the stall fee is ₹730. Is the budget enough? (a) No (b) Yes
  25. 25.🔍 Which is the odd one out? (a) a folding table (b) a cloth banner (c) a cooler box (d) card paper
  26. 26.True or false: “a folding table” is a one-time cost. (a) True (b) False
  27. 27.Which of these is a one-time cost? (a) sugar (b) tea leaves and milk (c) a cash box (d) card paper
  28. 28.Ananya has ₹340 to spend on packets of seeds. One packet of seeds costs ₹5. What is the greatest number of packets of seeds Ananya can buy?
  29. 29.Which of these is a running cost? (a) a cloth banner (b) a folding table (c) a cash box (d) lemons
  30. 30.📒 One-time cost or running cost: card paper? (a) a one-time cost (b) a running cost
  31. 31.Farhan has a budget of ₹600. The stock costs ₹100 and the stall fee is ₹490. Is the budget enough? (a) Yes (b) No
  32. 32.Kavya’s stall budget is ₹360. A price board cost ₹140, lemons cost ₹20 and paper cups cost ₹90. How many rupees of the budget are left?
  33. 33.Meera’s stall budget is ₹230. A banner cost ₹50, sugar cost ₹50 and ribbon cost ₹60. How many rupees of the budget are left?
  34. 34.True or false: “a price board” is a running cost. (a) True (b) False
  35. 35.Kavya plans to make 47 paper bookmarks. Each needs ₹10 of materials, and a banner costs ₹50 once. What total budget is needed (in ₹)?
  36. 36.True or false: “ice” is a running cost. (a) False (b) True
  37. 37.🔍 Which is the odd one out? (a) a juicer (b) ice (c) a cloth banner (d) a cooler box
  38. 38.True or false: “lemons” is a one-time cost. (a) True (b) False
  39. 39.True or false: “paper cups” is a running cost. (a) False (b) True
  40. 40.Ananya has ₹50 to spend on packets of seeds. One packet of seeds costs ₹4. What is the greatest number of packets of seeds Ananya can buy?

Answer key

  1. 62
  2. card paper
  3. 10
  4. sugar
  5. a folding table
  6. seeds and soil
  7. No
  8. 110
  9. 200
  10. False
  11. a price board
  12. True
  13. 3
  14. No
  15. 65
  16. a cooler box
  17. a one-time cost
  18. 28
  19. a running cost
  20. False
  21. True
  22. 68
  23. False
  24. Yes
  25. card paper
  26. True
  27. a cash box
  28. 68
  29. lemons
  30. a running cost
  31. Yes
  32. 110
  33. 70
  34. False
  35. 520
  36. True
  37. ice
  38. False
  39. True
  40. 12

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