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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 515 · 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.Joseph has ₹250 to spend on sheets of card paper. One sheet of card paper costs ₹4. What is the greatest number of sheets of card paper Joseph can buy?
  2. 2.🔍 Which is the odd one out? (a) a cooler box (b) tea leaves and milk (c) lemons (d) ice
  3. 3.True or false: “card paper” is a running cost. (a) False (b) True
  4. 4.True or false: “a juicer” is a running cost. (a) False (b) True
  5. 5.True or false: “ice” is a one-time cost. (a) False (b) True
  6. 6.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost
  7. 7.Ananya has ₹140 to spend on packets of seeds. One packet of seeds costs ₹6. What is the greatest number of packets of seeds Ananya can buy?
  8. 8.🔍 Which is the odd one out? (a) paper cups (b) a cloth banner (c) tea leaves and milk (d) card paper
  9. 9.🔍 Which is the odd one out? (a) a cloth banner (b) tea leaves and milk (c) a folding table (d) a cooler box
  10. 10.📒 One-time cost or running cost: seeds and soil? (a) a one-time cost (b) a running cost
  11. 11.Ishaan plans to make 22 cupcakes. Each needs ₹2 of materials, and a banner costs ₹210 once. What total budget is needed (in ₹)?
  12. 12.Tara has ₹470 to spend on lemons. One lemon costs ₹6. What is the greatest number of lemons Tara can buy?
  13. 13.🔍 Which is the odd one out? (a) card paper (b) seeds and soil (c) sugar (d) a juicer
  14. 14.Which of these is a one-time cost? (a) ice (b) a folding table (c) tea leaves and milk (d) sugar
  15. 15.Ananya plans to make 48 painted pebbles. Each needs ₹4 of materials, and a banner costs ₹240 once. What total budget is needed (in ₹)?
  16. 16.True or false: “a cloth banner” is a running cost. (a) True (b) False
  17. 17.Lakshmi has a budget of ₹300. The stock costs ₹130 and the stall fee is ₹180. Is the budget enough? (a) Yes (b) No
  18. 18.True or false: “a cash box” is a one-time cost. (a) False (b) True
  19. 19.🔍 Which is the odd one out? (a) lemons (b) a cash box (c) sugar (d) seeds and soil
  20. 20.🔍 Which is the odd one out? (a) a juicer (b) a price board (c) a cloth banner (d) card paper
  21. 21.Aarav’s stall budget is ₹500. Napkins cost ₹150, seeds cost ₹140 and lemons cost ₹180. How many rupees of the budget are left?
  22. 22.Ishaan plans to make 22 handmade cards. Each needs ₹2 of materials, and a banner costs ₹80 once. What total budget is needed (in ₹)?
  23. 23.Kabir’s stall budget is ₹1070. Ribbon cost ₹260, napkins cost ₹260 and a price board cost ₹250. How many rupees of the budget are left?
  24. 24.Gurpreet plans to make 41 paper bookmarks. Each needs ₹4 of materials, and a banner costs ₹280 once. What total budget is needed (in ₹)?
  25. 25.Joseph has a budget of ₹800. The stock costs ₹70 and the stall fee is ₹690. Is the budget enough? (a) No (b) Yes
  26. 26.🔍 Which is the odd one out? (a) a cash box (b) a price board (c) paper cups (d) a cloth banner
  27. 27.True or false: “a price board” is a running cost. (a) False (b) True
  28. 28.Which of these is a running cost? (a) lemons (b) a juicer (c) a folding table (d) a cloth banner
  29. 29.🔍 Which is the odd one out? (a) seeds and soil (b) a cash box (c) a folding table (d) a juicer
  30. 30.Joseph plans to make 18 friendship bands. Each needs ₹8 of materials, and a banner costs ₹100 once. What total budget is needed (in ₹)?
  31. 31.📒 One-time cost or running cost: lemons? (a) a one-time cost (b) a running cost
  32. 32.Which of these is a running cost? (a) a cloth banner (b) card paper (c) a price board (d) a juicer
  33. 33.True or false: “card paper” is a one-time cost. (a) False (b) True
  34. 34.Joseph plans to make 49 fruit cups. Each needs ₹5 of materials, and a banner costs ₹270 once. What total budget is needed (in ₹)?
  35. 35.📒 One-time cost or running cost: a price board? (a) a one-time cost (b) a running cost
  36. 36.Rohan’s stall budget is ₹660. Napkins cost ₹160, a price board cost ₹190 and lemons cost ₹290. How many rupees of the budget are left?
  37. 37.Nisha has a budget of ₹800. The stock costs ₹130 and the stall fee is ₹710. Is the budget enough? (a) Yes (b) No
  38. 38.Gurpreet has ₹160 to spend on lemons. One lemon costs ₹5. What is the greatest number of lemons Gurpreet can buy?
  39. 39.Diya has ₹280 to spend on packets of seeds. One packet of seeds costs ₹5. What is the greatest number of packets of seeds Diya can buy?
  40. 40.True or false: “ice” is a running cost. (a) False (b) True

Answer key

  1. 62
  2. a cooler box
  3. True
  4. False
  5. False
  6. a one-time cost
  7. 23
  8. a cloth banner
  9. tea leaves and milk
  10. a running cost
  11. 254
  12. 78
  13. a juicer
  14. a folding table
  15. 432
  16. False
  17. No
  18. True
  19. a cash box
  20. card paper
  21. 30
  22. 124
  23. 300
  24. 444
  25. Yes
  26. paper cups
  27. False
  28. lemons
  29. seeds and soil
  30. 244
  31. a running cost
  32. card paper
  33. False
  34. 515
  35. a one-time cost
  36. 20
  37. No
  38. 32
  39. 56
  40. True

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