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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 486 · 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.Which of these is a one-time cost? (a) ice (b) lemons (c) paper cups (d) a cooler box
  2. 2.Meera has a budget of ₹700. The stock costs ₹140 and the stall fee is ₹580. Is the budget enough? (a) No (b) Yes
  3. 3.Vihaan has ₹420 to spend on packets of seeds. One packet of seeds costs ₹15. What is the greatest number of packets of seeds Vihaan can buy?
  4. 4.Riya plans to make 38 glasses of chai. Each needs ₹3 of materials, and a banner costs ₹100 once. What total budget is needed (in ₹)?
  5. 5.📒 One-time cost or running cost: a cloth banner? (a) a one-time cost (b) a running cost
  6. 6.Diya’s stall budget is ₹480. Card paper cost ₹160, paper cups cost ₹130 and seeds cost ₹170. How many rupees of the budget are left?
  7. 7.True or false: “sugar” is a one-time cost. (a) True (b) False
  8. 8.Which of these is a one-time cost? (a) seeds and soil (b) lemons (c) paper cups (d) a cloth banner
  9. 9.Which of these is a running cost? (a) a juicer (b) a cooler box (c) a cash box (d) tea leaves and milk
  10. 10.True or false: “a folding table” is a running cost. (a) False (b) True
  11. 11.Meera has ₹180 to spend on packs of cups. One pack of cups costs ₹8. What is the greatest number of packs of cups Meera can buy?
  12. 12.Ananya has ₹370 to spend on packets of seeds. One packet of seeds costs ₹15. What is the greatest number of packets of seeds Ananya can buy?
  13. 13.📒 One-time cost or running cost: sugar? (a) a running cost (b) a one-time cost
  14. 14.Nisha has a budget of ₹300. The stock costs ₹130 and the stall fee is ₹190. Is the budget enough? (a) Yes (b) No
  15. 15.🔍 Which is the odd one out? (a) a price board (b) a cooler box (c) sugar (d) a juicer
  16. 16.True or false: “a price board” is a running cost. (a) True (b) False
  17. 17.Ishaan’s stall budget is ₹580. Ribbon cost ₹190, lemons cost ₹40 and napkins cost ₹280. How many rupees of the budget are left?
  18. 18.Diya has ₹370 to spend on rolls of ribbon. One roll of ribbon costs ₹4. What is the greatest number of rolls of ribbon Diya can buy?
  19. 19.🔍 Which is the odd one out? (a) a cash box (b) a price board (c) a cooler box (d) seeds and soil
  20. 20.📒 One-time cost or running cost: ice? (a) a one-time cost (b) a running cost
  21. 21.Kavya plans to make 39 jute bags. Each needs ₹5 of materials, and a banner costs ₹50 once. What total budget is needed (in ₹)?
  22. 22.📒 One-time cost or running cost: seeds and soil? (a) a running cost (b) a one-time cost
  23. 23.Saanvi has ₹170 to spend on lemons. One lemon costs ₹8. What is the greatest number of lemons Saanvi can buy?
  24. 24.Arjun has a budget of ₹700. The stock costs ₹140 and the stall fee is ₹530. Is the budget enough? (a) Yes (b) No
  25. 25.🔍 Which is the odd one out? (a) lemons (b) tea leaves and milk (c) a cooler box (d) sugar
  26. 26.Arjun has ₹480 to spend on sheets of card paper. One sheet of card paper costs ₹4. What is the greatest number of sheets of card paper Arjun can buy?
  27. 27.🔍 Which is the odd one out? (a) a price board (b) a cooler box (c) a cash box (d) tea leaves and milk
  28. 28.🔍 Which is the odd one out? (a) a cooler box (b) a folding table (c) lemons (d) a price board
  29. 29.Gurpreet has ₹480 to spend on sheets of card paper. One sheet of card paper costs ₹6. What is the greatest number of sheets of card paper Gurpreet can buy?
  30. 30.True or false: “paper cups” is a running cost. (a) True (b) False
  31. 31.Joseph has a budget of ₹300. The stock costs ₹140 and the stall fee is ₹200. Is the budget enough? (a) Yes (b) No
  32. 32.🔍 Which is the odd one out? (a) paper cups (b) a cloth banner (c) a juicer (d) a folding table
  33. 33.Gurpreet’s stall budget is ₹750. Sugar cost ₹180, paper cups cost ₹200 and ribbon cost ₹140. How many rupees of the budget are left?
  34. 34.Ishaan plans to make 16 paper bookmarks. Each needs ₹4 of materials, and a banner costs ₹280 once. What total budget is needed (in ₹)?
  35. 35.Ananya plans to make 23 glasses of chai. Each needs ₹6 of materials, and a banner costs ₹110 once. What total budget is needed (in ₹)?
  36. 36.True or false: “ice” is a one-time cost. (a) True (b) False
  37. 37.Zoya has ₹220 to spend on rolls of ribbon. One roll of ribbon costs ₹4. What is the greatest number of rolls of ribbon Zoya can buy?
  38. 38.True or false: “a juicer” is a one-time cost. (a) False (b) True
  39. 39.Saanvi has ₹260 to spend on rolls of ribbon. One roll of ribbon costs ₹12. What is the greatest number of rolls of ribbon Saanvi can buy?
  40. 40.Rohan’s stall budget is ₹690. A price board cost ₹30, napkins cost ₹260 and a banner cost ₹110. How many rupees of the budget are left?

Answer key

  1. a cooler box
  2. No
  3. 28
  4. 214
  5. a one-time cost
  6. 20
  7. False
  8. a cloth banner
  9. tea leaves and milk
  10. False
  11. 22
  12. 24
  13. a running cost
  14. No
  15. sugar
  16. False
  17. 70
  18. 92
  19. seeds and soil
  20. a running cost
  21. 245
  22. a running cost
  23. 21
  24. Yes
  25. a cooler box
  26. 120
  27. tea leaves and milk
  28. lemons
  29. 80
  30. True
  31. No
  32. paper cups
  33. 230
  34. 344
  35. 248
  36. False
  37. 55
  38. True
  39. 21
  40. 290

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