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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 481 · 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 ₹110 to spend on packets of seeds. One packet of seeds costs ₹8. What is the greatest number of packets of seeds Meera can buy?
  2. 2.Ananya plans to make 21 glasses of chai. Each needs ₹3 of materials, and a banner costs ₹70 once. What total budget is needed (in ₹)?
  3. 3.📒 One-time cost or running cost: sugar? (a) a one-time cost (b) a running cost
  4. 4.Farhan has ₹270 to spend on rolls of ribbon. One roll of ribbon costs ₹6. What is the greatest number of rolls of ribbon Farhan can buy?
  5. 5.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost
  6. 6.Tara’s stall budget is ₹490. Seeds cost ₹160, card paper cost ₹140 and sugar cost ₹90. How many rupees of the budget are left?
  7. 7.🔍 Which is the odd one out? (a) sugar (b) a price board (c) a cooler box (d) a cash box
  8. 8.Diya has a budget of ₹300. The stock costs ₹110 and the stall fee is ₹180. Is the budget enough? (a) No (b) Yes
  9. 9.Saanvi has a budget of ₹400. The stock costs ₹190 and the stall fee is ₹260. Is the budget enough? (a) Yes (b) No
  10. 10.Zoya has a budget of ₹800. The stock costs ₹150 and the stall fee is ₹670. Is the budget enough? (a) Yes (b) No
  11. 11.True or false: “a cooler box” is a one-time cost. (a) False (b) True
  12. 12.Vihaan has a budget of ₹300. The stock costs ₹60 and the stall fee is ₹210. Is the budget enough? (a) No (b) Yes
  13. 13.🔍 Which is the odd one out? (a) a cooler box (b) seeds and soil (c) card paper (d) ice
  14. 14.Saanvi’s stall budget is ₹630. Pots cost ₹200, sugar cost ₹300 and ribbon cost ₹80. How many rupees of the budget are left?
  15. 15.Which of these is a running cost? (a) a folding table (b) a cash box (c) tea leaves and milk (d) a price board
  16. 16.📒 One-time cost or running cost: lemons? (a) a running cost (b) a one-time cost
  17. 17.Zoya has a budget of ₹800. The stock costs ₹80 and the stall fee is ₹720. Is the budget enough? (a) No (b) Yes
  18. 18.True or false: “a folding table” is a one-time cost. (a) True (b) False
  19. 19.Diya has ₹360 to spend on rolls of ribbon. One roll of ribbon costs ₹15. What is the greatest number of rolls of ribbon Diya can buy?
  20. 20.🔍 Which is the odd one out? (a) lemons (b) a price board (c) a cash box (d) a cloth banner
  21. 21.Saanvi plans to make 10 friendship bands. Each needs ₹8 of materials, and a banner costs ₹190 once. What total budget is needed (in ₹)?
  22. 22.🔍 Which is the odd one out? (a) tea leaves and milk (b) a price board (c) seeds and soil (d) ice
  23. 23.True or false: “a price board” is a running cost. (a) False (b) True
  24. 24.Kabir has ₹130 to spend on rolls of ribbon. One roll of ribbon costs ₹12. What is the greatest number of rolls of ribbon Kabir can buy?
  25. 25.Which of these is a one-time cost? (a) sugar (b) paper cups (c) ice (d) a juicer
  26. 26.Which of these is a one-time cost? (a) sugar (b) tea leaves and milk (c) a price board (d) paper cups
  27. 27.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
  28. 28.📒 One-time cost or running cost: ice? (a) a one-time cost (b) a running cost
  29. 29.Meera has a budget of ₹300. The stock costs ₹100 and the stall fee is ₹200. Is the budget enough? (a) No (b) Yes
  30. 30.Zoya plans to make 13 friendship bands. Each needs ₹4 of materials, and a banner costs ₹110 once. What total budget is needed (in ₹)?
  31. 31.True or false: “sugar” is a one-time cost. (a) True (b) False
  32. 32.Which of these is a one-time cost? (a) a cash box (b) card paper (c) paper cups (d) tea leaves and milk
  33. 33.Which of these is a running cost? (a) a juicer (b) card paper (c) a price board (d) a cooler box
  34. 34.True or false: “paper cups” is a running cost. (a) False (b) True
  35. 35.🔍 Which is the odd one out? (a) a cloth banner (b) card paper (c) sugar (d) tea leaves and milk
  36. 36.True or false: “a folding table” is a running cost. (a) True (b) False
  37. 37.Farhan has a budget of ₹300. The stock costs ₹110 and the stall fee is ₹170. Is the budget enough? (a) No (b) Yes
  38. 38.🔍 Which is the odd one out? (a) lemons (b) a folding table (c) seeds and soil (d) card paper
  39. 39.True or false: “seeds and soil” is a one-time cost. (a) False (b) True
  40. 40.Farhan has ₹400 to spend on lemons. One lemon costs ₹5. What is the greatest number of lemons Farhan can buy?

Answer key

  1. 13
  2. 133
  3. a running cost
  4. 45
  5. a one-time cost
  6. 100
  7. sugar
  8. Yes
  9. No
  10. No
  11. True
  12. Yes
  13. a cooler box
  14. 50
  15. tea leaves and milk
  16. a running cost
  17. Yes
  18. True
  19. 24
  20. lemons
  21. 270
  22. a price board
  23. False
  24. 10
  25. a juicer
  26. a price board
  27. a one-time cost
  28. a running cost
  29. Yes
  30. 162
  31. False
  32. a cash box
  33. card paper
  34. True
  35. a cloth banner
  36. False
  37. Yes
  38. a folding table
  39. False
  40. 80

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