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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 28 · 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 is the odd one out? (a) a cooler box (b) ice (c) a cloth banner (d) a juicer
  2. 2.Farhan plans to make 48 handmade cards. Each needs ₹9 of materials, and a banner costs ₹260 once. What total budget is needed (in ₹)?
  3. 3.Kavya has ₹110 to spend on rolls of ribbon. One roll of ribbon costs ₹4. What is the greatest number of rolls of ribbon Kavya can buy?
  4. 4.Which of these is a running cost? (a) a cooler box (b) seeds and soil (c) a cloth banner (d) a folding table
  5. 5.🔍 Which is the odd one out? (a) a folding table (b) card paper (c) seeds and soil (d) sugar
  6. 6.📒 One-time cost or running cost: lemons? (a) a one-time cost (b) a running cost
  7. 7.Kavya has a budget of ₹500. The stock costs ₹80 and the stall fee is ₹460. Is the budget enough? (a) Yes (b) No
  8. 8.Saanvi has a budget of ₹600. The stock costs ₹120 and the stall fee is ₹460. Is the budget enough? (a) Yes (b) No
  9. 9.True or false: “a cloth banner” is a running cost. (a) True (b) False
  10. 10.📒 One-time cost or running cost: sugar? (a) a one-time cost (b) a running cost
  11. 11.True or false: “a folding table” is a one-time cost. (a) True (b) False
  12. 12.🔍 Which is the odd one out? (a) a juicer (b) sugar (c) a cooler box (d) a cloth banner
  13. 13.Saanvi plans to make 25 handmade cards. Each needs ₹5 of materials, and a banner costs ₹240 once. What total budget is needed (in ₹)?
  14. 14.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  15. 15.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost
  16. 16.Which of these is a one-time cost? (a) ice (b) a cloth banner (c) tea leaves and milk (d) sugar
  17. 17.🔍 Which is the odd one out? (a) seeds and soil (b) a cloth banner (c) card paper (d) ice
  18. 18.True or false: “a cooler box” is a one-time cost. (a) False (b) True
  19. 19.Aarav has a budget of ₹700. The stock costs ₹340 and the stall fee is ₹350. Is the budget enough? (a) No (b) Yes
  20. 20.True or false: “paper cups” is a one-time cost. (a) False (b) True
  21. 21.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
  22. 22.Kabir has ₹460 to spend on sheets of card paper. One sheet of card paper costs ₹6. What is the greatest number of sheets of card paper Kabir can buy?
  23. 23.🔍 Which is the odd one out? (a) seeds and soil (b) lemons (c) paper cups (d) a cooler box
  24. 24.Meera has a budget of ₹400. The stock costs ₹70 and the stall fee is ₹350. Is the budget enough? (a) No (b) Yes
  25. 25.Lakshmi has ₹50 to spend on lemons. One lemon costs ₹6. What is the greatest number of lemons Lakshmi can buy?
  26. 26.Zoya has ₹60 to spend on packets of seeds. One packet of seeds costs ₹5. What is the greatest number of packets of seeds Zoya can buy?
  27. 27.Which of these is a one-time cost? (a) a cooler box (b) tea leaves and milk (c) paper cups (d) ice
  28. 28.Which of these is a one-time cost? (a) tea leaves and milk (b) a juicer (c) card paper (d) paper cups
  29. 29.Meera has ₹270 to spend on rolls of ribbon. One roll of ribbon costs ₹4. What is the greatest number of rolls of ribbon Meera can buy?
  30. 30.🔍 Which is the odd one out? (a) a cash box (b) a folding table (c) a price board (d) card paper
  31. 31.🔍 Which is the odd one out? (a) tea leaves and milk (b) lemons (c) paper cups (d) a juicer
  32. 32.Which of these is a running cost? (a) a folding table (b) a price board (c) a cooler box (d) lemons
  33. 33.Nisha has a budget of ₹500. The stock costs ₹230 and the stall fee is ₹320. Is the budget enough? (a) Yes (b) No
  34. 34.📒 One-time cost or running cost: paper cups? (a) a one-time cost (b) a running cost
  35. 35.True or false: “a juicer” is a one-time cost. (a) True (b) False
  36. 36.🔍 Which is the odd one out? (a) tea leaves and milk (b) a cloth banner (c) a cooler box (d) a folding table
  37. 37.Which of these is a running cost? (a) a cooler box (b) a cloth banner (c) sugar (d) a price board
  38. 38.Ananya has ₹290 to spend on packets of seeds. One packet of seeds costs ₹6. What is the greatest number of packets of seeds Ananya can buy?
  39. 39.Which of these is a one-time cost? (a) a price board (b) paper cups (c) ice (d) sugar
  40. 40.Meera has a budget of ₹300. The stock costs ₹80 and the stall fee is ₹220. Is the budget enough? (a) Yes (b) No

Answer key

  1. ice
  2. 692
  3. 27
  4. seeds and soil
  5. a folding table
  6. a running cost
  7. No
  8. Yes
  9. False
  10. a running cost
  11. True
  12. sugar
  13. 365
  14. a one-time cost
  15. a one-time cost
  16. a cloth banner
  17. a cloth banner
  18. True
  19. Yes
  20. False
  21. a running cost
  22. 76
  23. a cooler box
  24. No
  25. 8
  26. 12
  27. a cooler box
  28. a juicer
  29. 67
  30. card paper
  31. a juicer
  32. lemons
  33. No
  34. a running cost
  35. True
  36. tea leaves and milk
  37. sugar
  38. 48
  39. a price board
  40. Yes

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