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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 324 · 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 juicer (b) a price board (c) a cloth banner (d) sugar
  2. 2.True or false: “a juicer” is a running cost. (a) False (b) True
  3. 3.Meera has ₹250 to spend on packets of seeds. One packet of seeds costs ₹8. What is the greatest number of packets of seeds Meera can buy?
  4. 4.Ananya has ₹300 to spend on rolls of ribbon. One roll of ribbon costs ₹8. What is the greatest number of rolls of ribbon Ananya can buy?
  5. 5.📒 One-time cost or running cost: paper cups? (a) a running cost (b) a one-time cost
  6. 6.🔍 Which is the odd one out? (a) a folding table (b) a juicer (c) a price board (d) paper cups
  7. 7.📒 One-time cost or running cost: sugar? (a) a one-time cost (b) a running cost
  8. 8.Ishaan plans to make 34 glasses of chai. Each needs ₹8 of materials, and a banner costs ₹220 once. What total budget is needed (in ₹)?
  9. 9.Nisha has ₹130 to spend on packs of cups. One pack of cups costs ₹4. What is the greatest number of packs of cups Nisha can buy?
  10. 10.True or false: “sugar” is a one-time cost. (a) True (b) False
  11. 11.Which of these is a one-time cost? (a) ice (b) a price board (c) tea leaves and milk (d) lemons
  12. 12.Farhan has ₹340 to spend on packs of cups. One pack of cups costs ₹4. What is the greatest number of packs of cups Farhan can buy?
  13. 13.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost
  14. 14.Which of these is a one-time cost? (a) lemons (b) sugar (c) a folding table (d) tea leaves and milk
  15. 15.Ishaan has a budget of ₹500. The stock costs ₹180 and the stall fee is ₹310. Is the budget enough? (a) Yes (b) No
  16. 16.🔍 Which is the odd one out? (a) seeds and soil (b) sugar (c) ice (d) a cloth banner
  17. 17.📒 One-time cost or running cost: card paper? (a) a one-time cost (b) a running cost
  18. 18.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost
  19. 19.Which of these is a running cost? (a) a cooler box (b) a cash box (c) a juicer (d) card paper
  20. 20.🔍 Which is the odd one out? (a) a cash box (b) a folding table (c) seeds and soil (d) a price board
  21. 21.📒 One-time cost or running cost: tea leaves and milk? (a) a running cost (b) a one-time cost
  22. 22.True or false: “a price board” is a running cost. (a) False (b) True
  23. 23.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  24. 24.Farhan plans to make 49 handmade cards. Each needs ₹5 of materials, and a banner costs ₹270 once. What total budget is needed (in ₹)?
  25. 25.🔍 Which is the odd one out? (a) lemons (b) tea leaves and milk (c) a cooler box (d) ice
  26. 26.True or false: “a cooler box” is a running cost. (a) True (b) False
  27. 27.Kavya plans to make 36 handmade cards. Each needs ₹6 of materials, and a banner costs ₹170 once. What total budget is needed (in ₹)?
  28. 28.Tara has a budget of ₹400. The stock costs ₹90 and the stall fee is ₹310. Is the budget enough? (a) No (b) Yes
  29. 29.True or false: “a cloth banner” is a running cost. (a) True (b) False
  30. 30.True or false: “tea leaves and milk” is a one-time cost. (a) False (b) True
  31. 31.Which of these is a one-time cost? (a) a juicer (b) paper cups (c) tea leaves and milk (d) lemons
  32. 32.True or false: “a cloth banner” is a one-time cost. (a) False (b) True
  33. 33.Meera has ₹450 to spend on lemons. One lemon costs ₹15. What is the greatest number of lemons Meera can buy?
  34. 34.Ishaan plans to make 13 cups of lemonade. Each needs ₹7 of materials, and a banner costs ₹180 once. What total budget is needed (in ₹)?
  35. 35.Farhan has a budget of ₹600. The stock costs ₹230 and the stall fee is ₹330. Is the budget enough? (a) No (b) Yes
  36. 36.Tara plans to make 26 friendship bands. Each needs ₹2 of materials, and a banner costs ₹260 once. What total budget is needed (in ₹)?
  37. 37.Which of these is a one-time cost? (a) paper cups (b) lemons (c) card paper (d) a cloth banner
  38. 38.Meera’s stall budget is ₹460. A banner cost ₹60, lemons cost ₹100 and paper cups cost ₹30. How many rupees of the budget are left?
  39. 39.Vihaan’s stall budget is ₹420. Sugar cost ₹180, ribbon cost ₹30 and card paper cost ₹60. How many rupees of the budget are left?
  40. 40.True or false: “a folding table” is a one-time cost. (a) True (b) False

Answer key

  1. sugar
  2. False
  3. 31
  4. 37
  5. a running cost
  6. paper cups
  7. a running cost
  8. 492
  9. 32
  10. False
  11. a price board
  12. 85
  13. a one-time cost
  14. a folding table
  15. Yes
  16. a cloth banner
  17. a running cost
  18. a one-time cost
  19. card paper
  20. seeds and soil
  21. a running cost
  22. False
  23. a one-time cost
  24. 515
  25. a cooler box
  26. False
  27. 386
  28. Yes
  29. False
  30. False
  31. a juicer
  32. True
  33. 30
  34. 271
  35. Yes
  36. 312
  37. a cloth banner
  38. 270
  39. 150
  40. True

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