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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 62 · 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 cloth banner” is a one-time cost. (a) True (b) False
  2. 2.Lakshmi has a budget of ₹1000. The stock costs ₹50 and the stall fee is ₹900. Is the budget enough? (a) No (b) Yes
  3. 3.Which of these is a one-time cost? (a) tea leaves and milk (b) a cloth banner (c) ice (d) paper cups
  4. 4.Kavya’s stall budget is ₹500. Ribbon cost ₹240, card paper cost ₹50 and paper cups cost ₹70. How many rupees of the budget are left?
  5. 5.Nisha plans to make 43 paper bookmarks. Each needs ₹10 of materials, and a banner costs ₹60 once. What total budget is needed (in ₹)?
  6. 6.🔍 Which is the odd one out? (a) a cash box (b) a cloth banner (c) a juicer (d) seeds and soil
  7. 7.Ananya plans to make 11 fruit cups. Each needs ₹2 of materials, and a banner costs ₹80 once. What total budget is needed (in ₹)?
  8. 8.📒 One-time cost or running cost: seeds and soil? (a) a running cost (b) a one-time cost
  9. 9.Nisha plans to make 22 paper bookmarks. Each needs ₹3 of materials, and a banner costs ₹50 once. What total budget is needed (in ₹)?
  10. 10.Which of these is a running cost? (a) a juicer (b) a cooler box (c) lemons (d) a folding table
  11. 11.Nisha has a budget of ₹600. The stock costs ₹140 and the stall fee is ₹500. Is the budget enough? (a) No (b) Yes
  12. 12.Diya has ₹170 to spend on sheets of card paper. One sheet of card paper costs ₹15. What is the greatest number of sheets of card paper Diya can buy?
  13. 13.📒 One-time cost or running cost: tea leaves and milk? (a) a running cost (b) a one-time cost
  14. 14.Which of these is a one-time cost? (a) tea leaves and milk (b) ice (c) sugar (d) a folding table
  15. 15.🔍 Which is the odd one out? (a) tea leaves and milk (b) a cash box (c) a cloth banner (d) a juicer
  16. 16.Farhan plans to make 47 potted plants. Each needs ₹6 of materials, and a banner costs ₹60 once. What total budget is needed (in ₹)?
  17. 17.🔍 Which is the odd one out? (a) sugar (b) a folding table (c) seeds and soil (d) lemons
  18. 18.True or false: “seeds and soil” is a one-time cost. (a) True (b) False
  19. 19.Which of these is a one-time cost? (a) a juicer (b) paper cups (c) tea leaves and milk (d) card paper
  20. 20.🔍 Which is the odd one out? (a) a cloth banner (b) paper cups (c) a folding table (d) a price board
  21. 21.Zoya has ₹50 to spend on packets of seeds. One packet of seeds costs ₹20. What is the greatest number of packets of seeds Zoya can buy?
  22. 22.🔍 Which is the odd one out? (a) lemons (b) card paper (c) sugar (d) a cash box
  23. 23.Gurpreet has ₹390 to spend on sheets of card paper. One sheet of card paper costs ₹12. What is the greatest number of sheets of card paper Gurpreet can buy?
  24. 24.True or false: “a folding table” is a running cost. (a) True (b) False
  25. 25.Which of these is a one-time cost? (a) tea leaves and milk (b) lemons (c) ice (d) a cooler box
  26. 26.True or false: “a juicer” is a one-time cost. (a) False (b) True
  27. 27.Ananya has ₹490 to spend on packets of seeds. One packet of seeds costs ₹5. What is the greatest number of packets of seeds Ananya can buy?
  28. 28.🔍 Which is the odd one out? (a) a folding table (b) a cooler box (c) a price board (d) card paper
  29. 29.Diya’s stall budget is ₹750. Ribbon cost ₹250, sugar cost ₹230 and a banner cost ₹190. How many rupees of the budget are left?
  30. 30.True or false: “ice” is a running cost. (a) False (b) True
  31. 31.True or false: “lemons” is a one-time cost. (a) False (b) True
  32. 32.Rohan has ₹490 to spend on sheets of card paper. One sheet of card paper costs ₹12. What is the greatest number of sheets of card paper Rohan can buy?
  33. 33.📒 One-time cost or running cost: ice? (a) a running cost (b) a one-time cost
  34. 34.Farhan has a budget of ₹900. The stock costs ₹90 and the stall fee is ₹760. Is the budget enough? (a) Yes (b) No
  35. 35.🔍 Which is the odd one out? (a) card paper (b) seeds and soil (c) a juicer (d) tea leaves and milk
  36. 36.Diya’s stall budget is ₹550. Paper cups cost ₹260, a banner cost ₹20 and card paper cost ₹90. How many rupees of the budget are left?
  37. 37.Kabir’s stall budget is ₹610. Card paper cost ₹90, ribbon cost ₹130 and seeds cost ₹270. How many rupees of the budget are left?
  38. 38.Which of these is a running cost? (a) a cloth banner (b) a juicer (c) ice (d) a cash box
  39. 39.True or false: “a price board” is a running cost. (a) True (b) False
  40. 40.Joseph has ₹300 to spend on packets of seeds. One packet of seeds costs ₹20. What is the greatest number of packets of seeds Joseph can buy?

Answer key

  1. True
  2. Yes
  3. a cloth banner
  4. 140
  5. 490
  6. seeds and soil
  7. 102
  8. a running cost
  9. 116
  10. lemons
  11. No
  12. 11
  13. a running cost
  14. a folding table
  15. tea leaves and milk
  16. 342
  17. a folding table
  18. False
  19. a juicer
  20. paper cups
  21. 2
  22. a cash box
  23. 32
  24. False
  25. a cooler box
  26. True
  27. 98
  28. card paper
  29. 80
  30. True
  31. False
  32. 40
  33. a running cost
  34. Yes
  35. a juicer
  36. 180
  37. 120
  38. ice
  39. False
  40. 15

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