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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 235 · 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.True or false: “a juicer” is a running cost. (a) True (b) False
  2. 2.📒 One-time cost or running cost: a price board? (a) a one-time cost (b) a running cost
  3. 3.Ananya has ₹70 to spend on sheets of card paper. One sheet of card paper costs ₹4. What is the greatest number of sheets of card paper Ananya can buy?
  4. 4.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost
  5. 5.Gurpreet has a budget of ₹900. The stock costs ₹250 and the stall fee is ₹620. Is the budget enough? (a) No (b) Yes
  6. 6.Dev has ₹210 to spend on lemons. One lemon costs ₹5. What is the greatest number of lemons Dev can buy?
  7. 7.🔍 Which is the odd one out? (a) a folding table (b) a juicer (c) a cloth banner (d) seeds and soil
  8. 8.True or false: “a juicer” is a one-time cost. (a) True (b) False
  9. 9.🔍 Which is the odd one out? (a) tea leaves and milk (b) a folding table (c) lemons (d) ice
  10. 10.True or false: “a cloth banner” is a running cost. (a) True (b) False
  11. 11.Tara has a budget of ₹500. The stock costs ₹230 and the stall fee is ₹230. Is the budget enough? (a) Yes (b) No
  12. 12.🔍 Which is the odd one out? (a) lemons (b) seeds and soil (c) a cloth banner (d) card paper
  13. 13.🔍 Which is the odd one out? (a) tea leaves and milk (b) a price board (c) a folding table (d) a cloth banner
  14. 14.Kavya has a budget of ₹700. The stock costs ₹190 and the stall fee is ₹540. Is the budget enough? (a) Yes (b) No
  15. 15.Diya’s stall budget is ₹640. Sugar cost ₹120, paper cups cost ₹90 and napkins cost ₹180. How many rupees of the budget are left?
  16. 16.Kabir’s stall budget is ₹730. Ribbon cost ₹240, napkins cost ₹170 and lemons cost ₹260. How many rupees of the budget are left?
  17. 17.Kavya has ₹360 to spend on packets of seeds. One packet of seeds costs ₹6. What is the greatest number of packets of seeds Kavya can buy?
  18. 18.Kavya has ₹130 to spend on rolls of ribbon. One roll of ribbon costs ₹10. What is the greatest number of rolls of ribbon Kavya can buy?
  19. 19.Rohan plans to make 50 friendship bands. Each needs ₹9 of materials, and a banner costs ₹220 once. What total budget is needed (in ₹)?
  20. 20.📒 One-time cost or running cost: paper cups? (a) a running cost (b) a one-time cost
  21. 21.True or false: “lemons” is a one-time cost. (a) False (b) True
  22. 22.True or false: “a cash box” is a running cost. (a) True (b) False
  23. 23.True or false: “sugar” is a running cost. (a) False (b) True
  24. 24.Meera has ₹430 to spend on sheets of card paper. One sheet of card paper costs ₹20. What is the greatest number of sheets of card paper Meera can buy?
  25. 25.Nisha plans to make 21 jute bags. Each needs ₹3 of materials, and a banner costs ₹90 once. What total budget is needed (in ₹)?
  26. 26.Arjun’s stall budget is ₹910. Napkins cost ₹160, a banner cost ₹290 and sugar cost ₹170. How many rupees of the budget are left?
  27. 27.Saanvi has a budget of ₹400. The stock costs ₹60 and the stall fee is ₹330. Is the budget enough? (a) No (b) Yes
  28. 28.Nisha has ₹260 to spend on packs of cups. One pack of cups costs ₹4. What is the greatest number of packs of cups Nisha can buy?
  29. 29.Vihaan’s stall budget is ₹750. A banner cost ₹190, ribbon cost ₹140 and napkins cost ₹270. How many rupees of the budget are left?
  30. 30.True or false: “a price board” is a one-time cost. (a) False (b) True
  31. 31.Kabir has a budget of ₹500. The stock costs ₹130 and the stall fee is ₹370. Is the budget enough? (a) Yes (b) No
  32. 32.Diya’s stall budget is ₹420. Paper cups cost ₹20, seeds cost ₹150 and pots cost ₹230. How many rupees of the budget are left?
  33. 33.📒 One-time cost or running cost: sugar? (a) a one-time cost (b) a running cost
  34. 34.Ishaan plans to make 29 clay diyas. Each needs ₹10 of materials, and a banner costs ₹160 once. What total budget is needed (in ₹)?
  35. 35.Which of these is a one-time cost? (a) lemons (b) a cooler box (c) sugar (d) seeds and soil
  36. 36.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  37. 37.Which of these is a running cost? (a) a juicer (b) a cooler box (c) lemons (d) a folding table
  38. 38.🔍 Which is the odd one out? (a) sugar (b) a cooler box (c) a juicer (d) a folding table
  39. 39.📒 One-time cost or running cost: card paper? (a) a running cost (b) a one-time cost
  40. 40.Which of these is a running cost? (a) a cash box (b) a folding table (c) a juicer (d) seeds and soil

Answer key

  1. False
  2. a one-time cost
  3. 17
  4. a one-time cost
  5. Yes
  6. 42
  7. seeds and soil
  8. True
  9. a folding table
  10. False
  11. Yes
  12. a cloth banner
  13. tea leaves and milk
  14. No
  15. 250
  16. 60
  17. 60
  18. 13
  19. 670
  20. a running cost
  21. False
  22. False
  23. True
  24. 21
  25. 153
  26. 290
  27. Yes
  28. 65
  29. 150
  30. True
  31. Yes
  32. 20
  33. a running cost
  34. 450
  35. a cooler box
  36. a one-time cost
  37. lemons
  38. sugar
  39. a running cost
  40. seeds and soil

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