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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 403 · 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: “seeds and soil” is a running cost. (a) True (b) False
  2. 2.Rohan has ₹400 to spend on packs of cups. One pack of cups costs ₹5. What is the greatest number of packs of cups Rohan can buy?
  3. 3.Kabir’s stall budget is ₹790. A banner cost ₹210, napkins cost ₹160 and paper cups cost ₹210. How many rupees of the budget are left?
  4. 4.True or false: “card paper” is a one-time cost. (a) True (b) False
  5. 5.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
  6. 6.Which of these is a one-time cost? (a) tea leaves and milk (b) sugar (c) card paper (d) a cloth banner
  7. 7.🔍 Which is the odd one out? (a) a folding table (b) a cash box (c) a cooler box (d) tea leaves and milk
  8. 8.Which of these is a one-time cost? (a) ice (b) a folding table (c) paper cups (d) seeds and soil
  9. 9.Farhan plans to make 42 cupcakes. Each needs ₹6 of materials, and a banner costs ₹250 once. What total budget is needed (in ₹)?
  10. 10.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  11. 11.🔍 Which is the odd one out? (a) a cash box (b) a cooler box (c) seeds and soil (d) a price board
  12. 12.Kabir has ₹250 to spend on packs of cups. One pack of cups costs ₹5. What is the greatest number of packs of cups Kabir can buy?
  13. 13.Rohan has ₹50 to spend on packets of seeds. One packet of seeds costs ₹20. What is the greatest number of packets of seeds Rohan can buy?
  14. 14.🔍 Which is the odd one out? (a) sugar (b) lemons (c) a folding table (d) paper cups
  15. 15.Kavya has ₹500 to spend on packets of seeds. One packet of seeds costs ₹20. What is the greatest number of packets of seeds Kavya can buy?
  16. 16.🔍 Which is the odd one out? (a) a cooler box (b) sugar (c) card paper (d) lemons
  17. 17.📒 One-time cost or running cost: paper cups? (a) a running cost (b) a one-time cost
  18. 18.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost
  19. 19.True or false: “ice” is a one-time cost. (a) True (b) False
  20. 20.Which of these is a running cost? (a) a cooler box (b) a cloth banner (c) seeds and soil (d) a folding table
  21. 21.Which of these is a one-time cost? (a) lemons (b) seeds and soil (c) sugar (d) a cash box
  22. 22.True or false: “ice” is a running cost. (a) False (b) True
  23. 23.True or false: “a folding table” is a one-time cost. (a) True (b) False
  24. 24.True or false: “a cloth banner” is a running cost. (a) True (b) False
  25. 25.Nisha’s stall budget is ₹870. Sugar cost ₹170, napkins cost ₹270 and a banner cost ₹170. How many rupees of the budget are left?
  26. 26.Ananya has a budget of ₹500. The stock costs ₹90 and the stall fee is ₹430. Is the budget enough? (a) No (b) Yes
  27. 27.True or false: “paper cups” is a running cost. (a) False (b) True
  28. 28.Kabir has a budget of ₹900. The stock costs ₹110 and the stall fee is ₹780. Is the budget enough? (a) Yes (b) No
  29. 29.🔍 Which is the odd one out? (a) a cloth banner (b) a cooler box (c) a folding table (d) paper cups
  30. 30.Diya has a budget of ₹300. The stock costs ₹90 and the stall fee is ₹190. Is the budget enough? (a) No (b) Yes
  31. 31.🔍 Which is the odd one out? (a) a cloth banner (b) sugar (c) a cooler box (d) a cash box
  32. 32.Meera’s stall budget is ₹510. A price board cost ₹110, card paper cost ₹30 and a banner cost ₹120. How many rupees of the budget are left?
  33. 33.Ananya has a budget of ₹400. The stock costs ₹100 and the stall fee is ₹310. Is the budget enough? (a) No (b) Yes
  34. 34.Arjun plans to make 30 clay diyas. Each needs ₹7 of materials, and a banner costs ₹170 once. What total budget is needed (in ₹)?
  35. 35.📒 One-time cost or running cost: sugar? (a) a running cost (b) a one-time cost
  36. 36.Arjun has ₹410 to spend on sheets of card paper. One sheet of card paper costs ₹10. What is the greatest number of sheets of card paper Arjun can buy?
  37. 37.🔍 Which is the odd one out? (a) paper cups (b) ice (c) a cloth banner (d) lemons
  38. 38.True or false: “a juicer” is a one-time cost. (a) True (b) False
  39. 39.📒 One-time cost or running cost: a cloth banner? (a) a one-time cost (b) a running cost
  40. 40.Diya plans to make 43 fruit cups. Each needs ₹9 of materials, and a banner costs ₹90 once. What total budget is needed (in ₹)?

Answer key

  1. True
  2. 80
  3. 210
  4. False
  5. a one-time cost
  6. a cloth banner
  7. tea leaves and milk
  8. a folding table
  9. 502
  10. a one-time cost
  11. seeds and soil
  12. 50
  13. 2
  14. a folding table
  15. 25
  16. a cooler box
  17. a running cost
  18. a one-time cost
  19. False
  20. seeds and soil
  21. a cash box
  22. True
  23. True
  24. False
  25. 260
  26. No
  27. True
  28. Yes
  29. paper cups
  30. Yes
  31. sugar
  32. 250
  33. No
  34. 380
  35. a running cost
  36. 41
  37. a cloth banner
  38. True
  39. a one-time cost
  40. 477

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