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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 459 · 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.Meera has a budget of ₹1000. The stock costs ₹140 and the stall fee is ₹850. Is the budget enough? (a) Yes (b) No
  2. 2.Which of these is a one-time cost? (a) sugar (b) ice (c) tea leaves and milk (d) a folding table
  3. 3.Ishaan plans to make 45 glasses of chai. Each needs ₹6 of materials, and a banner costs ₹130 once. What total budget is needed (in ₹)?
  4. 4.Nisha plans to make 13 cupcakes. Each needs ₹8 of materials, and a banner costs ₹140 once. What total budget is needed (in ₹)?
  5. 5.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  6. 6.Tara has ₹100 to spend on packets of seeds. One packet of seeds costs ₹8. What is the greatest number of packets of seeds Tara can buy?
  7. 7.Which of these is a one-time cost? (a) paper cups (b) tea leaves and milk (c) a price board (d) seeds and soil
  8. 8.🔍 Which is the odd one out? (a) sugar (b) a cash box (c) tea leaves and milk (d) paper cups
  9. 9.Arjun has ₹210 to spend on packets of seeds. One packet of seeds costs ₹20. What is the greatest number of packets of seeds Arjun can buy?
  10. 10.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost
  11. 11.Ananya has ₹210 to spend on rolls of ribbon. One roll of ribbon costs ₹20. What is the greatest number of rolls of ribbon Ananya can buy?
  12. 12.🔍 Which is the odd one out? (a) a price board (b) a cloth banner (c) seeds and soil (d) a cooler box
  13. 13.Tara has a budget of ₹300. The stock costs ₹50 and the stall fee is ₹300. Is the budget enough? (a) Yes (b) No
  14. 14.🔍 Which is the odd one out? (a) paper cups (b) a price board (c) a cash box (d) a folding table
  15. 15.🔍 Which is the odd one out? (a) a folding table (b) card paper (c) tea leaves and milk (d) ice
  16. 16.Ananya has ₹160 to spend on packets of seeds. One packet of seeds costs ₹8. What is the greatest number of packets of seeds Ananya can buy?
  17. 17.Saanvi plans to make 27 potted plants. Each needs ₹3 of materials, and a banner costs ₹110 once. What total budget is needed (in ₹)?
  18. 18.📒 One-time cost or running cost: tea leaves and milk? (a) a running cost (b) a one-time cost
  19. 19.Which of these is a one-time cost? (a) seeds and soil (b) sugar (c) card paper (d) a cooler box
  20. 20.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost
  21. 21.Zoya has ₹500 to spend on sheets of card paper. One sheet of card paper costs ₹8. What is the greatest number of sheets of card paper Zoya can buy?
  22. 22.True or false: “paper cups” is a running cost. (a) True (b) False
  23. 23.Ishaan has a budget of ₹900. The stock costs ₹300 and the stall fee is ₹580. Is the budget enough? (a) No (b) Yes
  24. 24.True or false: “tea leaves and milk” is a running cost. (a) True (b) False
  25. 25.Farhan plans to make 19 clay diyas. Each needs ₹3 of materials, and a banner costs ₹280 once. What total budget is needed (in ₹)?
  26. 26.Ananya’s stall budget is ₹250. Seeds cost ₹60, a banner cost ₹20 and ribbon cost ₹90. How many rupees of the budget are left?
  27. 27.Which of these is a one-time cost? (a) lemons (b) card paper (c) a cloth banner (d) paper cups
  28. 28.Joseph’s stall budget is ₹500. Napkins cost ₹190, paper cups cost ₹20 and sugar cost ₹140. How many rupees of the budget are left?
  29. 29.Kabir has ₹380 to spend on packs of cups. One pack of cups costs ₹15. What is the greatest number of packs of cups Kabir can buy?
  30. 30.True or false: “a juicer” is a one-time cost. (a) True (b) False
  31. 31.Riya’s stall budget is ₹550. A price board cost ₹180, seeds cost ₹250 and a banner cost ₹50. How many rupees of the budget are left?
  32. 32.True or false: “a folding table” is a one-time cost. (a) True (b) False
  33. 33.Tara plans to make 46 clay diyas. Each needs ₹9 of materials, and a banner costs ₹250 once. What total budget is needed (in ₹)?
  34. 34.📒 One-time cost or running cost: a cooler box? (a) a one-time cost (b) a running cost
  35. 35.Meera’s stall budget is ₹420. A banner cost ₹160, sugar cost ₹30 and napkins cost ₹140. How many rupees of the budget are left?
  36. 36.Gurpreet has a budget of ₹400. The stock costs ₹130 and the stall fee is ₹240. Is the budget enough? (a) Yes (b) No
  37. 37.📒 One-time cost or running cost: lemons? (a) a running cost (b) a one-time cost
  38. 38.Arjun plans to make 27 paper bookmarks. Each needs ₹7 of materials, and a banner costs ₹240 once. What total budget is needed (in ₹)?
  39. 39.Dev’s stall budget is ₹420. Napkins cost ₹180, sugar cost ₹20 and pots cost ₹130. How many rupees of the budget are left?
  40. 40.True or false: “lemons” is a running cost. (a) False (b) True

Answer key

  1. Yes
  2. a folding table
  3. 400
  4. 244
  5. a one-time cost
  6. 12
  7. a price board
  8. a cash box
  9. 10
  10. a one-time cost
  11. 10
  12. seeds and soil
  13. No
  14. paper cups
  15. a folding table
  16. 20
  17. 191
  18. a running cost
  19. a cooler box
  20. a one-time cost
  21. 62
  22. True
  23. Yes
  24. True
  25. 337
  26. 80
  27. a cloth banner
  28. 150
  29. 25
  30. True
  31. 70
  32. True
  33. 664
  34. a one-time cost
  35. 90
  36. Yes
  37. a running cost
  38. 429
  39. 90
  40. True

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