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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 359 · 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) ice (b) a price board (c) paper cups (d) seeds and soil
  2. 2.Which of these is a running cost? (a) a folding table (b) a juicer (c) sugar (d) a cloth banner
  3. 3.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
  4. 4.🔍 Which is the odd one out? (a) a cooler box (b) a juicer (c) sugar (d) a cash box
  5. 5.Aarav has a budget of ₹900. The stock costs ₹260 and the stall fee is ₹640. Is the budget enough? (a) No (b) Yes
  6. 6.Rohan has ₹140 to spend on packets of seeds. One packet of seeds costs ₹12. What is the greatest number of packets of seeds Rohan can buy?
  7. 7.True or false: “tea leaves and milk” is a running cost. (a) True (b) False
  8. 8.🔍 Which is the odd one out? (a) a juicer (b) a cloth banner (c) paper cups (d) a cooler box
  9. 9.True or false: “card paper” is a running cost. (a) False (b) True
  10. 10.Diya’s stall budget is ₹460. Sugar cost ₹230, paper cups cost ₹40 and ribbon cost ₹120. How many rupees of the budget are left?
  11. 11.Kabir has ₹410 to spend on packets of seeds. One packet of seeds costs ₹6. What is the greatest number of packets of seeds Kabir can buy?
  12. 12.🔍 Which is the odd one out? (a) sugar (b) a cooler box (c) card paper (d) paper cups
  13. 13.Which of these is a one-time cost? (a) tea leaves and milk (b) seeds and soil (c) paper cups (d) a cash box
  14. 14.Vihaan has ₹430 to spend on packets of seeds. One packet of seeds costs ₹4. What is the greatest number of packets of seeds Vihaan can buy?
  15. 15.Meera has ₹190 to spend on packets of seeds. One packet of seeds costs ₹5. What is the greatest number of packets of seeds Meera can buy?
  16. 16.🔍 Which is the odd one out? (a) a juicer (b) a price board (c) ice (d) a cooler box
  17. 17.📒 One-time cost or running cost: paper cups? (a) a one-time cost (b) a running cost
  18. 18.Vihaan has a budget of ₹400. The stock costs ₹190 and the stall fee is ₹240. Is the budget enough? (a) Yes (b) No
  19. 19.Gurpreet plans to make 28 handmade cards. Each needs ₹3 of materials, and a banner costs ₹240 once. What total budget is needed (in ₹)?
  20. 20.Ananya has ₹360 to spend on sheets of card paper. One sheet of card paper costs ₹8. What is the greatest number of sheets of card paper Ananya can buy?
  21. 21.🔍 Which is the odd one out? (a) a cloth banner (b) a cooler box (c) tea leaves and milk (d) a price board
  22. 22.Rohan plans to make 35 paper bookmarks. Each needs ₹5 of materials, and a banner costs ₹190 once. What total budget is needed (in ₹)?
  23. 23.🔍 Which is the odd one out? (a) a cloth banner (b) a juicer (c) a cash box (d) seeds and soil
  24. 24.Ananya has ₹450 to spend on rolls of ribbon. One roll of ribbon costs ₹12. What is the greatest number of rolls of ribbon Ananya can buy?
  25. 25.Which of these is a one-time cost? (a) sugar (b) paper cups (c) a cooler box (d) seeds and soil
  26. 26.Which of these is a running cost? (a) a price board (b) ice (c) a folding table (d) a cloth banner
  27. 27.📒 One-time cost or running cost: sugar? (a) a running cost (b) a one-time cost
  28. 28.Kabir plans to make 15 handmade cards. Each needs ₹2 of materials, and a banner costs ₹190 once. What total budget is needed (in ₹)?
  29. 29.Saanvi has a budget of ₹500. The stock costs ₹160 and the stall fee is ₹360. Is the budget enough? (a) No (b) Yes
  30. 30.Which of these is a running cost? (a) a folding table (b) a price board (c) a cash box (d) lemons
  31. 31.Which of these is a running cost? (a) a cash box (b) a price board (c) seeds and soil (d) a folding table
  32. 32.Ananya has ₹270 to spend on packets of seeds. One packet of seeds costs ₹6. What is the greatest number of packets of seeds Ananya can buy?
  33. 33.Farhan has ₹480 to spend on packets of seeds. One packet of seeds costs ₹20. What is the greatest number of packets of seeds Farhan can buy?
  34. 34.Tara plans to make 23 potted plants. Each needs ₹9 of materials, and a banner costs ₹170 once. What total budget is needed (in ₹)?
  35. 35.Lakshmi has ₹190 to spend on packs of cups. One pack of cups costs ₹4. What is the greatest number of packs of cups Lakshmi can buy?
  36. 36.Which of these is a one-time cost? (a) a juicer (b) lemons (c) sugar (d) tea leaves and milk
  37. 37.📒 One-time cost or running cost: a cloth banner? (a) a one-time cost (b) a running cost
  38. 38.True or false: “a cash box” is a one-time cost. (a) False (b) True
  39. 39.True or false: “lemons” is a running cost. (a) False (b) True
  40. 40.Meera’s stall budget is ₹800. Pots cost ₹290, lemons cost ₹220 and a banner cost ₹50. How many rupees of the budget are left?

Answer key

  1. a price board
  2. sugar
  3. a one-time cost
  4. sugar
  5. Yes
  6. 11
  7. True
  8. paper cups
  9. True
  10. 70
  11. 68
  12. a cooler box
  13. a cash box
  14. 107
  15. 38
  16. ice
  17. a running cost
  18. No
  19. 324
  20. 45
  21. tea leaves and milk
  22. 365
  23. seeds and soil
  24. 37
  25. a cooler box
  26. ice
  27. a running cost
  28. 220
  29. No
  30. lemons
  31. seeds and soil
  32. 45
  33. 24
  34. 377
  35. 47
  36. a juicer
  37. a one-time cost
  38. True
  39. True
  40. 240

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