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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 663 · 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.Arjun has a budget of ₹900. The stock costs ₹400 and the stall fee is ₹500. Is the budget enough? (a) Yes (b) No
  2. 2.Which of these is a one-time cost? (a) tea leaves and milk (b) seeds and soil (c) a price board (d) paper cups
  3. 3.Ishaan’s stall budget is ₹450. Ribbon cost ₹90, a banner cost ₹250 and seeds cost ₹60. How many rupees of the budget are left?
  4. 4.True or false: “a cooler box” is a one-time cost. (a) False (b) True
  5. 5.Farhan has ₹350 to spend on packs of cups. One pack of cups costs ₹5. What is the greatest number of packs of cups Farhan can buy?
  6. 6.True or false: “tea leaves and milk” is a one-time cost. (a) False (b) True
  7. 7.Which of these is a one-time cost? (a) ice (b) a cloth banner (c) paper cups (d) card paper
  8. 8.📒 One-time cost or running cost: sugar? (a) a one-time cost (b) a running cost
  9. 9.Meera has ₹200 to spend on packets of seeds. One packet of seeds costs ₹10. What is the greatest number of packets of seeds Meera can buy?
  10. 10.Which of these is a running cost? (a) a cooler box (b) ice (c) a cash box (d) a price board
  11. 11.True or false: “a cloth banner” is a running cost. (a) True (b) False
  12. 12.Dev’s stall budget is ₹900. Napkins cost ₹270, ribbon cost ₹280 and a banner cost ₹290. How many rupees of the budget are left?
  13. 13.Which of these is a one-time cost? (a) paper cups (b) tea leaves and milk (c) a juicer (d) lemons
  14. 14.True or false: “paper cups” is a running cost. (a) True (b) False
  15. 15.Riya plans to make 24 fruit cups. Each needs ₹2 of materials, and a banner costs ₹120 once. What total budget is needed (in ₹)?
  16. 16.🔍 Which is the odd one out? (a) tea leaves and milk (b) paper cups (c) a juicer (d) seeds and soil
  17. 17.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost
  18. 18.Meera plans to make 17 paper bookmarks. Each needs ₹3 of materials, and a banner costs ₹170 once. What total budget is needed (in ₹)?
  19. 19.Which of these is a running cost? (a) sugar (b) a juicer (c) a price board (d) a cloth banner
  20. 20.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
  21. 21.📒 One-time cost or running cost: lemons? (a) a one-time cost (b) a running cost
  22. 22.🔍 Which is the odd one out? (a) lemons (b) a price board (c) a cloth banner (d) a cooler box
  23. 23.True or false: “a cash box” is a one-time cost. (a) False (b) True
  24. 24.Diya’s stall budget is ₹420. A banner cost ₹70, napkins cost ₹70 and paper cups cost ₹30. How many rupees of the budget are left?
  25. 25.Kavya has ₹130 to spend on packets of seeds. One packet of seeds costs ₹6. What is the greatest number of packets of seeds Kavya can buy?
  26. 26.Lakshmi’s stall budget is ₹550. Napkins cost ₹40, card paper cost ₹290 and ribbon cost ₹190. How many rupees of the budget are left?
  27. 27.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
  28. 28.Diya’s stall budget is ₹650. Card paper cost ₹150, lemons cost ₹120 and paper cups cost ₹190. How many rupees of the budget are left?
  29. 29.🔍 Which is the odd one out? (a) a price board (b) a juicer (c) seeds and soil (d) a cash box
  30. 30.Meera plans to make 47 friendship bands. Each needs ₹3 of materials, and a banner costs ₹100 once. What total budget is needed (in ₹)?
  31. 31.🔍 Which is the odd one out? (a) sugar (b) lemons (c) a cooler box (d) seeds and soil
  32. 32.Tara plans to make 40 cups of lemonade. Each needs ₹7 of materials, and a banner costs ₹190 once. What total budget is needed (in ₹)?
  33. 33.Ananya has ₹450 to spend on packs of cups. One pack of cups costs ₹8. What is the greatest number of packs of cups Ananya can buy?
  34. 34.Gurpreet’s stall budget is ₹360. A banner cost ₹40, lemons cost ₹110 and ribbon cost ₹120. How many rupees of the budget are left?
  35. 35.Which of these is a one-time cost? (a) ice (b) card paper (c) seeds and soil (d) a cooler box
  36. 36.True or false: “a price board” is a running cost. (a) False (b) True
  37. 37.True or false: “ice” is a one-time cost. (a) True (b) False
  38. 38.Kabir has ₹460 to spend on sheets of card paper. One sheet of card paper costs ₹4. What is the greatest number of sheets of card paper Kabir can buy?
  39. 39.🔍 Which is the odd one out? (a) a cash box (b) a price board (c) sugar (d) a juicer
  40. 40.Nisha has ₹320 to spend on packs of cups. One pack of cups costs ₹10. What is the greatest number of packs of cups Nisha can buy?

Answer key

  1. Yes
  2. a price board
  3. 50
  4. True
  5. 70
  6. False
  7. a cloth banner
  8. a running cost
  9. 20
  10. ice
  11. False
  12. 60
  13. a juicer
  14. True
  15. 168
  16. a juicer
  17. a one-time cost
  18. 221
  19. sugar
  20. a running cost
  21. a running cost
  22. lemons
  23. True
  24. 250
  25. 21
  26. 30
  27. a one-time cost
  28. 190
  29. seeds and soil
  30. 241
  31. a cooler box
  32. 470
  33. 56
  34. 90
  35. a cooler box
  36. False
  37. False
  38. 115
  39. sugar
  40. 32

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