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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 414 · 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.📒 One-time cost or running cost: tea leaves and milk? (a) a running cost (b) a one-time cost
  2. 2.Which of these is a one-time cost? (a) ice (b) seeds and soil (c) a folding table (d) card paper
  3. 3.Rohan has a budget of ₹500. The stock costs ₹170 and the stall fee is ₹280. Is the budget enough? (a) Yes (b) No
  4. 4.Saanvi has ₹110 to spend on lemons. One lemon costs ₹8. What is the greatest number of lemons Saanvi can buy?
  5. 5.True or false: “seeds and soil” is a one-time cost. (a) False (b) True
  6. 6.Ishaan plans to make 11 friendship bands. Each needs ₹8 of materials, and a banner costs ₹100 once. What total budget is needed (in ₹)?
  7. 7.Nisha has a budget of ₹800. The stock costs ₹220 and the stall fee is ₹570. Is the budget enough? (a) Yes (b) No
  8. 8.Arjun plans to make 22 clay diyas. Each needs ₹2 of materials, and a banner costs ₹250 once. What total budget is needed (in ₹)?
  9. 9.🔍 Which is the odd one out? (a) a juicer (b) a cooler box (c) card paper (d) a cash box
  10. 10.📒 One-time cost or running cost: a cloth banner? (a) a one-time cost (b) a running cost
  11. 11.Joseph has ₹60 to spend on rolls of ribbon. One roll of ribbon costs ₹4. What is the greatest number of rolls of ribbon Joseph can buy?
  12. 12.Which of these is a one-time cost? (a) tea leaves and milk (b) seeds and soil (c) sugar (d) a juicer
  13. 13.📒 One-time cost or running cost: paper cups? (a) a one-time cost (b) a running cost
  14. 14.Which of these is a running cost? (a) paper cups (b) a cloth banner (c) a cash box (d) a cooler box
  15. 15.True or false: “paper cups” is a one-time cost. (a) False (b) True
  16. 16.🔍 Which is the odd one out? (a) a cloth banner (b) a juicer (c) sugar (d) a cash box
  17. 17.Kabir plans to make 49 clay diyas. Each needs ₹4 of materials, and a banner costs ₹200 once. What total budget is needed (in ₹)?
  18. 18.Diya plans to make 29 glasses of chai. Each needs ₹5 of materials, and a banner costs ₹160 once. What total budget is needed (in ₹)?
  19. 19.Ishaan has ₹430 to spend on lemons. One lemon costs ₹10. What is the greatest number of lemons Ishaan can buy?
  20. 20.📒 One-time cost or running cost: ice? (a) a one-time cost (b) a running cost
  21. 21.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  22. 22.Which of these is a one-time cost? (a) a cooler box (b) sugar (c) ice (d) card paper
  23. 23.Which of these is a one-time cost? (a) paper cups (b) a cash box (c) card paper (d) ice
  24. 24.True or false: “a juicer” is a running cost. (a) True (b) False
  25. 25.Joseph has a budget of ₹300. The stock costs ₹100 and the stall fee is ₹200. Is the budget enough? (a) Yes (b) No
  26. 26.Lakshmi’s stall budget is ₹400. Paper cups cost ₹30, seeds cost ₹30 and ribbon cost ₹260. How many rupees of the budget are left?
  27. 27.Kabir has ₹120 to spend on packets of seeds. One packet of seeds costs ₹12. What is the greatest number of packets of seeds Kabir can buy?
  28. 28.True or false: “a cloth banner” is a running cost. (a) True (b) False
  29. 29.Dev has a budget of ₹300. The stock costs ₹120 and the stall fee is ₹130. Is the budget enough? (a) Yes (b) No
  30. 30.Saanvi’s stall budget is ₹610. Card paper cost ₹300, a price board cost ₹20 and sugar cost ₹260. How many rupees of the budget are left?
  31. 31.True or false: “ice” is a one-time cost. (a) False (b) True
  32. 32.Nisha’s stall budget is ₹700. Card paper cost ₹160, lemons cost ₹90 and seeds cost ₹180. How many rupees of the budget are left?
  33. 33.Joseph’s stall budget is ₹710. A banner cost ₹40, lemons cost ₹190 and paper cups cost ₹210. How many rupees of the budget are left?
  34. 34.Ananya plans to make 12 fruit cups. Each needs ₹3 of materials, and a banner costs ₹260 once. What total budget is needed (in ₹)?
  35. 35.📒 One-time cost or running cost: seeds and soil? (a) a one-time cost (b) a running cost
  36. 36.Which of these is a running cost? (a) a price board (b) seeds and soil (c) a cloth banner (d) a folding table
  37. 37.Arjun has ₹170 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?
  38. 38.Meera has ₹440 to spend on lemons. One lemon costs ₹6. What is the greatest number of lemons Meera can buy?
  39. 39.Zoya has a budget of ₹600. The stock costs ₹190 and the stall fee is ₹410. Is the budget enough? (a) No (b) Yes
  40. 40.Ananya has ₹460 to spend on lemons. One lemon costs ₹6. What is the greatest number of lemons Ananya can buy?

Answer key

  1. a running cost
  2. a folding table
  3. Yes
  4. 13
  5. False
  6. 188
  7. Yes
  8. 294
  9. card paper
  10. a one-time cost
  11. 15
  12. a juicer
  13. a running cost
  14. paper cups
  15. False
  16. sugar
  17. 396
  18. 305
  19. 43
  20. a running cost
  21. a one-time cost
  22. a cooler box
  23. a cash box
  24. False
  25. Yes
  26. 80
  27. 10
  28. False
  29. Yes
  30. 30
  31. False
  32. 270
  33. 270
  34. 296
  35. a running cost
  36. seeds and soil
  37. 17
  38. 73
  39. Yes
  40. 76

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