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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 612 · 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.True or false: “a price board” is a one-time cost. (a) True (b) False
  2. 2.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
  3. 3.Meera has ₹70 to spend on rolls of ribbon. One roll of ribbon costs ₹8. What is the greatest number of rolls of ribbon Meera can buy?
  4. 4.🔍 Which is the odd one out? (a) card paper (b) sugar (c) a cooler box (d) seeds and soil
  5. 5.Vihaan plans to make 41 cupcakes. Each needs ₹7 of materials, and a banner costs ₹110 once. What total budget is needed (in ₹)?
  6. 6.🔍 Which is the odd one out? (a) a folding table (b) a cloth banner (c) ice (d) a juicer
  7. 7.📒 One-time cost or running cost: a price board? (a) a one-time cost (b) a running cost
  8. 8.Saanvi’s stall budget is ₹800. Lemons cost ₹250, paper cups cost ₹200 and sugar cost ₹300. How many rupees of the budget are left?
  9. 9.Saanvi has ₹140 to spend on packets of seeds. One packet of seeds costs ₹5. What is the greatest number of packets of seeds Saanvi can buy?
  10. 10.🔍 Which is the odd one out? (a) a cash box (b) a price board (c) a folding table (d) sugar
  11. 11.True or false: “tea leaves and milk” is a one-time cost. (a) True (b) False
  12. 12.Which of these is a running cost? (a) a price board (b) a cash box (c) lemons (d) a folding table
  13. 13.Saanvi has ₹110 to spend on packs of cups. One pack of cups costs ₹20. What is the greatest number of packs of cups Saanvi can buy?
  14. 14.Which of these is a running cost? (a) paper cups (b) a folding table (c) a cash box (d) a juicer
  15. 15.📒 One-time cost or running cost: seeds and soil? (a) a one-time cost (b) a running cost
  16. 16.📒 One-time cost or running cost: card paper? (a) a one-time cost (b) a running cost
  17. 17.📒 One-time cost or running cost: sugar? (a) a one-time cost (b) a running cost
  18. 18.Riya has ₹160 to spend on sheets of card paper. One sheet of card paper costs ₹8. What is the greatest number of sheets of card paper Riya can buy?
  19. 19.Riya has ₹280 to spend on packs of cups. One pack of cups costs ₹6. What is the greatest number of packs of cups Riya can buy?
  20. 20.True or false: “paper cups” is a running cost. (a) True (b) False
  21. 21.Which of these is a one-time cost? (a) sugar (b) a cloth banner (c) ice (d) card paper
  22. 22.Meera’s stall budget is ₹570. Card paper cost ₹100, a banner cost ₹210 and napkins cost ₹210. How many rupees of the budget are left?
  23. 23.🔍 Which is the odd one out? (a) a price board (b) paper cups (c) sugar (d) ice
  24. 24.True or false: “seeds and soil” is a one-time cost. (a) True (b) False
  25. 25.Arjun has a budget of ₹500. The stock costs ₹80 and the stall fee is ₹460. Is the budget enough? (a) Yes (b) No
  26. 26.Ananya has ₹60 to spend on packets of seeds. One packet of seeds costs ₹8. What is the greatest number of packets of seeds Ananya can buy?
  27. 27.True or false: “seeds and soil” is a running cost. (a) False (b) True
  28. 28.Meera has a budget of ₹400. The stock costs ₹70 and the stall fee is ₹290. Is the budget enough? (a) Yes (b) No
  29. 29.Ishaan has a budget of ₹700. The stock costs ₹180 and the stall fee is ₹510. Is the budget enough? (a) No (b) Yes
  30. 30.Kavya has a budget of ₹1000. The stock costs ₹260 and the stall fee is ₹790. Is the budget enough? (a) Yes (b) No
  31. 31.Ananya has a budget of ₹400. The stock costs ₹130 and the stall fee is ₹280. Is the budget enough? (a) Yes (b) No
  32. 32.Which of these is a running cost? (a) a folding table (b) a cash box (c) a juicer (d) tea leaves and milk
  33. 33.Dev has a budget of ₹900. The stock costs ₹120 and the stall fee is ₹800. Is the budget enough? (a) Yes (b) No
  34. 34.📒 One-time cost or running cost: paper cups? (a) a one-time cost (b) a running cost
  35. 35.🔍 Which is the odd one out? (a) seeds and soil (b) a cloth banner (c) ice (d) lemons
  36. 36.True or false: “a cash box” is a one-time cost. (a) True (b) False
  37. 37.Kabir has ₹500 to spend on rolls of ribbon. One roll of ribbon costs ₹12. What is the greatest number of rolls of ribbon Kabir can buy?
  38. 38.Lakshmi plans to make 13 cupcakes. Each needs ₹7 of materials, and a banner costs ₹180 once. What total budget is needed (in ₹)?
  39. 39.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
  40. 40.Riya has a budget of ₹900. The stock costs ₹90 and the stall fee is ₹800. Is the budget enough? (a) No (b) Yes

Answer key

  1. True
  2. a one-time cost
  3. 8
  4. a cooler box
  5. 397
  6. ice
  7. a one-time cost
  8. 50
  9. 28
  10. sugar
  11. False
  12. lemons
  13. 5
  14. paper cups
  15. a running cost
  16. a running cost
  17. a running cost
  18. 20
  19. 46
  20. True
  21. a cloth banner
  22. 50
  23. a price board
  24. False
  25. No
  26. 7
  27. True
  28. Yes
  29. Yes
  30. No
  31. No
  32. tea leaves and milk
  33. No
  34. a running cost
  35. a cloth banner
  36. True
  37. 41
  38. 271
  39. a running cost
  40. Yes

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