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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 412 · 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.Vihaan has a budget of ₹1000. The stock costs ₹50 and the stall fee is ₹960. Is the budget enough? (a) Yes (b) No
  2. 2.🔍 Which is the odd one out? (a) a cooler box (b) a price board (c) a folding table (d) paper cups
  3. 3.True or false: “lemons” is a running cost. (a) True (b) False
  4. 4.True or false: “seeds and soil” is a one-time cost. (a) False (b) True
  5. 5.Vihaan has ₹470 to spend on packets of seeds. One packet of seeds costs ₹20. What is the greatest number of packets of seeds Vihaan can buy?
  6. 6.📒 One-time cost or running cost: lemons? (a) a one-time cost (b) a running cost
  7. 7.Rohan’s stall budget is ₹640. Napkins cost ₹110, paper cups cost ₹40 and sugar cost ₹300. How many rupees of the budget are left?
  8. 8.🔍 Which is the odd one out? (a) tea leaves and milk (b) a cooler box (c) sugar (d) paper cups
  9. 9.True or false: “a folding table” is a one-time cost. (a) True (b) False
  10. 10.Meera’s stall budget is ₹610. A banner cost ₹140, card paper cost ₹90 and seeds cost ₹90. How many rupees of the budget are left?
  11. 11.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  12. 12.🔍 Which is the odd one out? (a) a cloth banner (b) a juicer (c) ice (d) a cash box
  13. 13.Which of these is a running cost? (a) tea leaves and milk (b) a folding table (c) a cooler box (d) a price board
  14. 14.Ishaan has a budget of ₹300. The stock costs ₹120 and the stall fee is ₹160. Is the budget enough? (a) No (b) Yes
  15. 15.Zoya has ₹140 to spend on rolls of ribbon. One roll of ribbon costs ₹20. What is the greatest number of rolls of ribbon Zoya can buy?
  16. 16.Rohan plans to make 24 glasses of chai. Each needs ₹2 of materials, and a banner costs ₹210 once. What total budget is needed (in ₹)?
  17. 17.🔍 Which is the odd one out? (a) a juicer (b) a cloth banner (c) lemons (d) a price board
  18. 18.Gurpreet plans to make 37 friendship bands. Each needs ₹5 of materials, and a banner costs ₹70 once. What total budget is needed (in ₹)?
  19. 19.Which of these is a one-time cost? (a) card paper (b) sugar (c) a cloth banner (d) lemons
  20. 20.Arjun’s stall budget is ₹760. Sugar cost ₹250, seeds cost ₹210 and lemons cost ₹80. How many rupees of the budget are left?
  21. 21.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost
  22. 22.Dev has ₹110 to spend on sheets of card paper. One sheet of card paper costs ₹8. What is the greatest number of sheets of card paper Dev can buy?
  23. 23.Saanvi’s stall budget is ₹630. Lemons cost ₹220, card paper cost ₹100 and napkins cost ₹120. How many rupees of the budget are left?
  24. 24.Which of these is a one-time cost? (a) paper cups (b) a juicer (c) seeds and soil (d) sugar
  25. 25.True or false: “paper cups” is a running cost. (a) True (b) False
  26. 26.🔍 Which is the odd one out? (a) a folding table (b) a cloth banner (c) a price board (d) sugar
  27. 27.Gurpreet plans to make 19 cups of lemonade. Each needs ₹9 of materials, and a banner costs ₹50 once. What total budget is needed (in ₹)?
  28. 28.Which of these is a running cost? (a) a folding table (b) a cash box (c) a cooler box (d) lemons
  29. 29.🔍 Which is the odd one out? (a) card paper (b) seeds and soil (c) a cloth banner (d) ice
  30. 30.True or false: “a price board” is a one-time cost. (a) True (b) False
  31. 31.True or false: “a cooler box” is a one-time cost. (a) True (b) False
  32. 32.🔍 Which is the odd one out? (a) a cash box (b) seeds and soil (c) a juicer (d) a folding table
  33. 33.Ananya plans to make 35 handmade cards. Each needs ₹5 of materials, and a banner costs ₹250 once. What total budget is needed (in ₹)?
  34. 34.True or false: “a cash box” is a running cost. (a) False (b) True
  35. 35.Farhan has ₹280 to spend on sheets of card paper. One sheet of card paper costs ₹4. What is the greatest number of sheets of card paper Farhan can buy?
  36. 36.Tara has a budget of ₹400. The stock costs ₹60 and the stall fee is ₹390. Is the budget enough? (a) Yes (b) No
  37. 37.🔍 Which is the odd one out? (a) card paper (b) lemons (c) ice (d) a folding table
  38. 38.Ishaan has ₹190 to spend on packs of cups. One pack of cups costs ₹20. What is the greatest number of packs of cups Ishaan can buy?
  39. 39.📒 One-time cost or running cost: a cloth banner? (a) a one-time cost (b) a running cost
  40. 40.True or false: “ice” is a running cost. (a) True (b) False

Answer key

  1. No
  2. paper cups
  3. True
  4. False
  5. 23
  6. a running cost
  7. 190
  8. a cooler box
  9. True
  10. 290
  11. a one-time cost
  12. ice
  13. tea leaves and milk
  14. Yes
  15. 7
  16. 258
  17. lemons
  18. 255
  19. a cloth banner
  20. 220
  21. a one-time cost
  22. 13
  23. 190
  24. a juicer
  25. True
  26. sugar
  27. 221
  28. lemons
  29. a cloth banner
  30. True
  31. True
  32. seeds and soil
  33. 425
  34. False
  35. 70
  36. No
  37. a folding table
  38. 9
  39. a one-time cost
  40. True

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