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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 541 · 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 is the odd one out? (a) lemons (b) paper cups (c) tea leaves and milk (d) a folding table
  2. 2.Nisha has ₹50 to spend on packets of seeds. One packet of seeds costs ₹15. What is the greatest number of packets of seeds Nisha can buy?
  3. 3.🔍 Which is the odd one out? (a) a price board (b) seeds and soil (c) a folding table (d) a cash box
  4. 4.📒 One-time cost or running cost: seeds and soil? (a) a one-time cost (b) a running cost
  5. 5.True or false: “a cooler box” is a running cost. (a) True (b) False
  6. 6.Rohan has ₹430 to spend on lemons. One lemon costs ₹8. What is the greatest number of lemons Rohan can buy?
  7. 7.🔍 Which is the odd one out? (a) a cloth banner (b) a cooler box (c) tea leaves and milk (d) a juicer
  8. 8.📒 One-time cost or running cost: card paper? (a) a one-time cost (b) a running cost
  9. 9.Which of these is a running cost? (a) card paper (b) a folding table (c) a cloth banner (d) a price board
  10. 10.Which of these is a running cost? (a) a price board (b) a cash box (c) a cooler box (d) sugar
  11. 11.Ishaan has a budget of ₹600. The stock costs ₹130 and the stall fee is ₹420. Is the budget enough? (a) No (b) Yes
  12. 12.Kavya has ₹80 to spend on packets of seeds. One packet of seeds costs ₹6. What is the greatest number of packets of seeds Kavya can buy?
  13. 13.🔍 Which is the odd one out? (a) a cloth banner (b) a cooler box (c) a price board (d) sugar
  14. 14.Nisha has a budget of ₹500. The stock costs ₹230 and the stall fee is ₹240. Is the budget enough? (a) No (b) Yes
  15. 15.Which of these is a running cost? (a) a cash box (b) a cloth banner (c) a cooler box (d) ice
  16. 16.True or false: “tea leaves and milk” is a one-time cost. (a) True (b) False
  17. 17.Meera plans to make 14 jute bags. Each needs ₹4 of materials, and a banner costs ₹50 once. What total budget is needed (in ₹)?
  18. 18.Rohan’s stall budget is ₹780. Sugar cost ₹80, seeds cost ₹280 and lemons cost ₹240. How many rupees of the budget are left?
  19. 19.Nisha has ₹180 to spend on sheets of card paper. One sheet of card paper costs ₹12. What is the greatest number of sheets of card paper Nisha can buy?
  20. 20.Arjun has a budget of ₹1000. The stock costs ₹360 and the stall fee is ₹620. Is the budget enough? (a) No (b) Yes
  21. 21.True or false: “a cash box” is a one-time cost. (a) False (b) True
  22. 22.Aarav has ₹230 to spend on lemons. One lemon costs ₹20. What is the greatest number of lemons Aarav can buy?
  23. 23.🔍 Which is the odd one out? (a) sugar (b) paper cups (c) ice (d) a juicer
  24. 24.True or false: “a price board” is a one-time cost. (a) True (b) False
  25. 25.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
  26. 26.Aarav plans to make 45 glasses of chai. Each needs ₹4 of materials, and a banner costs ₹220 once. What total budget is needed (in ₹)?
  27. 27.Meera’s stall budget is ₹470. A banner cost ₹100, sugar cost ₹30 and card paper cost ₹140. How many rupees of the budget are left?
  28. 28.Dev plans to make 42 clay diyas. Each needs ₹3 of materials, and a banner costs ₹140 once. What total budget is needed (in ₹)?
  29. 29.Ishaan’s stall budget is ₹810. A banner cost ₹290, napkins cost ₹250 and pots cost ₹20. How many rupees of the budget are left?
  30. 30.📒 One-time cost or running cost: a price board? (a) a one-time cost (b) a running cost
  31. 31.Ananya’s stall budget is ₹590. Pots cost ₹100, lemons cost ₹200 and seeds cost ₹70. How many rupees of the budget are left?
  32. 32.Riya’s stall budget is ₹780. Seeds cost ₹190, a banner cost ₹110 and card paper cost ₹220. How many rupees of the budget are left?
  33. 33.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost
  34. 34.Arjun’s stall budget is ₹500. Card paper cost ₹60, lemons cost ₹30 and seeds cost ₹130. How many rupees of the budget are left?
  35. 35.True or false: “seeds and soil” is a one-time cost. (a) False (b) True
  36. 36.Ananya has a budget of ₹1000. The stock costs ₹500 and the stall fee is ₹480. Is the budget enough? (a) Yes (b) No
  37. 37.Lakshmi has ₹440 to spend on packs of cups. One pack of cups costs ₹20. What is the greatest number of packs of cups Lakshmi can buy?
  38. 38.Ananya plans to make 38 handmade cards. Each needs ₹4 of materials, and a banner costs ₹60 once. What total budget is needed (in ₹)?
  39. 39.Which of these is a one-time cost? (a) sugar (b) a cooler box (c) tea leaves and milk (d) card paper
  40. 40.Meera has ₹370 to spend on lemons. One lemon costs ₹8. What is the greatest number of lemons Meera can buy?

Answer key

  1. a folding table
  2. 3
  3. seeds and soil
  4. a running cost
  5. False
  6. 53
  7. tea leaves and milk
  8. a running cost
  9. card paper
  10. sugar
  11. Yes
  12. 13
  13. sugar
  14. Yes
  15. ice
  16. False
  17. 106
  18. 180
  19. 15
  20. Yes
  21. True
  22. 11
  23. a juicer
  24. True
  25. a one-time cost
  26. 400
  27. 200
  28. 266
  29. 250
  30. a one-time cost
  31. 220
  32. 260
  33. a one-time cost
  34. 280
  35. False
  36. Yes
  37. 22
  38. 212
  39. a cooler box
  40. 46

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