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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 323 · 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) paper cups (b) ice (c) tea leaves and milk (d) a price board
  2. 2.🔍 Which is the odd one out? (a) a juicer (b) ice (c) a cloth banner (d) a folding table
  3. 3.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  4. 4.Arjun has ₹340 to spend on lemons. One lemon costs ₹6. What is the greatest number of lemons Arjun can buy?
  5. 5.Saanvi has ₹90 to spend on sheets of card paper. One sheet of card paper costs ₹5. What is the greatest number of sheets of card paper Saanvi can buy?
  6. 6.True or false: “sugar” is a one-time cost. (a) True (b) False
  7. 7.📒 One-time cost or running cost: seeds and soil? (a) a one-time cost (b) a running cost
  8. 8.Which of these is a one-time cost? (a) paper cups (b) card paper (c) a juicer (d) sugar
  9. 9.Which of these is a one-time cost? (a) paper cups (b) sugar (c) lemons (d) a cooler box
  10. 10.Gurpreet has ₹180 to spend on packets of seeds. One packet of seeds costs ₹5. What is the greatest number of packets of seeds Gurpreet can buy?
  11. 11.Lakshmi has a budget of ₹700. The stock costs ₹130 and the stall fee is ₹620. Is the budget enough? (a) Yes (b) No
  12. 12.True or false: “ice” is a running cost. (a) True (b) False
  13. 13.Zoya has ₹360 to spend on sheets of card paper. One sheet of card paper costs ₹4. What is the greatest number of sheets of card paper Zoya can buy?
  14. 14.Which of these is a running cost? (a) a cooler box (b) a juicer (c) a cloth banner (d) paper cups
  15. 15.Ananya’s stall budget is ₹620. Card paper cost ₹50, pots cost ₹300 and lemons cost ₹150. How many rupees of the budget are left?
  16. 16.Dev’s stall budget is ₹590. Napkins cost ₹140, a price board cost ₹250 and a banner cost ₹100. How many rupees of the budget are left?
  17. 17.True or false: “tea leaves and milk” is a one-time cost. (a) False (b) True
  18. 18.Which of these is a one-time cost? (a) seeds and soil (b) a cloth banner (c) lemons (d) sugar
  19. 19.Meera has ₹470 to spend on sheets of card paper. One sheet of card paper costs ₹4. What is the greatest number of sheets of card paper Meera can buy?
  20. 20.🔍 Which is the odd one out? (a) a price board (b) paper cups (c) a cloth banner (d) a folding table
  21. 21.True or false: “paper cups” is a one-time cost. (a) False (b) True
  22. 22.Riya’s stall budget is ₹530. Sugar cost ₹290, seeds cost ₹110 and pots cost ₹80. How many rupees of the budget are left?
  23. 23.📒 One-time cost or running cost: paper cups? (a) a running cost (b) a one-time cost
  24. 24.Nisha’s stall budget is ₹600. A price board cost ₹300, card paper cost ₹50 and paper cups cost ₹180. How many rupees of the budget are left?
  25. 25.Which of these is a running cost? (a) a cash box (b) a cloth banner (c) tea leaves and milk (d) a juicer
  26. 26.Which of these is a running cost? (a) a cloth banner (b) a cooler box (c) lemons (d) a folding table
  27. 27.Riya has a budget of ₹400. The stock costs ₹70 and the stall fee is ₹320. Is the budget enough? (a) No (b) Yes
  28. 28.📒 One-time cost or running cost: a cooler box? (a) a one-time cost (b) a running cost
  29. 29.🔍 Which is the odd one out? (a) a cash box (b) lemons (c) a price board (d) a juicer
  30. 30.Riya plans to make 47 fruit cups. Each needs ₹10 of materials, and a banner costs ₹150 once. What total budget is needed (in ₹)?
  31. 31.Which of these is a one-time cost? (a) ice (b) tea leaves and milk (c) a folding table (d) paper cups
  32. 32.Farhan’s stall budget is ₹620. Card paper cost ₹80, seeds cost ₹220 and lemons cost ₹50. How many rupees of the budget are left?
  33. 33.Kavya plans to make 11 fruit cups. Each needs ₹3 of materials, and a banner costs ₹120 once. What total budget is needed (in ₹)?
  34. 34.Diya has a budget of ₹1000. The stock costs ₹300 and the stall fee is ₹670. Is the budget enough? (a) No (b) Yes
  35. 35.Ishaan has a budget of ₹600. The stock costs ₹90 and the stall fee is ₹510. Is the budget enough? (a) Yes (b) No
  36. 36.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost
  37. 37.Farhan has a budget of ₹600. The stock costs ₹250 and the stall fee is ₹320. Is the budget enough? (a) Yes (b) No
  38. 38.Diya has ₹210 to spend on packets of seeds. One packet of seeds costs ₹20. What is the greatest number of packets of seeds Diya can buy?
  39. 39.Meera’s stall budget is ₹740. Paper cups cost ₹280, ribbon cost ₹80 and card paper cost ₹120. How many rupees of the budget are left?
  40. 40.Kavya plans to make 22 glasses of chai. Each needs ₹6 of materials, and a banner costs ₹170 once. What total budget is needed (in ₹)?

Answer key

  1. a price board
  2. ice
  3. a one-time cost
  4. 56
  5. 18
  6. False
  7. a running cost
  8. a juicer
  9. a cooler box
  10. 36
  11. No
  12. True
  13. 90
  14. paper cups
  15. 120
  16. 100
  17. False
  18. a cloth banner
  19. 117
  20. paper cups
  21. False
  22. 50
  23. a running cost
  24. 70
  25. tea leaves and milk
  26. lemons
  27. Yes
  28. a one-time cost
  29. lemons
  30. 620
  31. a folding table
  32. 270
  33. 153
  34. Yes
  35. Yes
  36. a one-time cost
  37. Yes
  38. 10
  39. 260
  40. 302

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