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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 461 · 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.Ananya’s stall budget is ₹850. Lemons cost ₹160, pots cost ₹300 and seeds cost ₹200. How many rupees of the budget are left?
  2. 2.🔍 Which is the odd one out? (a) seeds and soil (b) card paper (c) paper cups (d) a cooler box
  3. 3.🔍 Which is the odd one out? (a) paper cups (b) tea leaves and milk (c) a price board (d) sugar
  4. 4.Farhan has ₹500 to spend on rolls of ribbon. One roll of ribbon costs ₹15. What is the greatest number of rolls of ribbon Farhan can buy?
  5. 5.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost
  6. 6.Nisha has ₹400 to spend on sheets of card paper. One sheet of card paper costs ₹5. What is the greatest number of sheets of card paper Nisha can buy?
  7. 7.📒 One-time cost or running cost: tea leaves and milk? (a) a running cost (b) a one-time cost
  8. 8.📒 One-time cost or running cost: sugar? (a) a one-time cost (b) a running cost
  9. 9.Which of these is a one-time cost? (a) sugar (b) ice (c) a juicer (d) paper cups
  10. 10.📒 One-time cost or running cost: card paper? (a) a one-time cost (b) a running cost
  11. 11.📒 One-time cost or running cost: a cloth banner? (a) a one-time cost (b) a running cost
  12. 12.Zoya plans to make 18 glasses of chai. Each needs ₹10 of materials, and a banner costs ₹230 once. What total budget is needed (in ₹)?
  13. 13.Lakshmi’s stall budget is ₹500. Sugar cost ₹110, card paper cost ₹130 and a price board cost ₹190. How many rupees of the budget are left?
  14. 14.Tara has ₹420 to spend on packs of cups. One pack of cups costs ₹4. What is the greatest number of packs of cups Tara can buy?
  15. 15.Ishaan has ₹450 to spend on packets of seeds. One packet of seeds costs ₹4. What is the greatest number of packets of seeds Ishaan can buy?
  16. 16.Dev has a budget of ₹800. The stock costs ₹110 and the stall fee is ₹640. Is the budget enough? (a) Yes (b) No
  17. 17.🔍 Which is the odd one out? (a) a juicer (b) a cloth banner (c) lemons (d) a folding table
  18. 18.Which of these is a one-time cost? (a) paper cups (b) lemons (c) tea leaves and milk (d) a folding table
  19. 19.Riya has a budget of ₹400. The stock costs ₹140 and the stall fee is ₹240. Is the budget enough? (a) No (b) Yes
  20. 20.Diya has ₹150 to spend on lemons. One lemon costs ₹15. What is the greatest number of lemons Diya can buy?
  21. 21.Vihaan has ₹100 to spend on sheets of card paper. One sheet of card paper costs ₹5. What is the greatest number of sheets of card paper Vihaan can buy?
  22. 22.True or false: “a folding table” is a one-time cost. (a) True (b) False
  23. 23.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost
  24. 24.📒 One-time cost or running cost: a cash box? (a) a one-time cost (b) a running cost
  25. 25.📒 One-time cost or running cost: ice? (a) a running cost (b) a one-time cost
  26. 26.Nisha has a budget of ₹900. The stock costs ₹170 and the stall fee is ₹730. Is the budget enough? (a) No (b) Yes
  27. 27.True or false: “a cash box” is a running cost. (a) False (b) True
  28. 28.📒 One-time cost or running cost: seeds and soil? (a) a running cost (b) a one-time cost
  29. 29.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  30. 30.Ananya plans to make 22 cupcakes. Each needs ₹3 of materials, and a banner costs ₹100 once. What total budget is needed (in ₹)?
  31. 31.Arjun plans to make 47 cupcakes. Each needs ₹6 of materials, and a banner costs ₹230 once. What total budget is needed (in ₹)?
  32. 32.Diya has ₹230 to spend on lemons. One lemon costs ₹10. What is the greatest number of lemons Diya can buy?
  33. 33.True or false: “a cooler box” is a one-time cost. (a) False (b) True
  34. 34.🔍 Which is the odd one out? (a) tea leaves and milk (b) card paper (c) lemons (d) a juicer
  35. 35.Saanvi has a budget of ₹500. The stock costs ₹220 and the stall fee is ₹280. Is the budget enough? (a) Yes (b) No
  36. 36.True or false: “card paper” is a one-time cost. (a) True (b) False
  37. 37.Which of these is a running cost? (a) a cooler box (b) lemons (c) a juicer (d) a folding table
  38. 38.Which of these is a one-time cost? (a) card paper (b) lemons (c) sugar (d) a cash box
  39. 39.Gurpreet’s stall budget is ₹540. Card paper cost ₹70, paper cups cost ₹90 and a price board cost ₹190. How many rupees of the budget are left?
  40. 40.Lakshmi has ₹490 to spend on packets of seeds. One packet of seeds costs ₹4. What is the greatest number of packets of seeds Lakshmi can buy?

Answer key

  1. 190
  2. a cooler box
  3. a price board
  4. 33
  5. a one-time cost
  6. 80
  7. a running cost
  8. a running cost
  9. a juicer
  10. a running cost
  11. a one-time cost
  12. 410
  13. 70
  14. 105
  15. 112
  16. Yes
  17. lemons
  18. a folding table
  19. Yes
  20. 10
  21. 20
  22. True
  23. a one-time cost
  24. a one-time cost
  25. a running cost
  26. Yes
  27. False
  28. a running cost
  29. a one-time cost
  30. 166
  31. 512
  32. 23
  33. True
  34. a juicer
  35. Yes
  36. False
  37. lemons
  38. a cash box
  39. 190
  40. 122

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