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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 713 · 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.📒 One-time cost or running cost: sugar? (a) a one-time cost (b) a running cost
  2. 2.Dev has a budget of ₹800. The stock costs ₹180 and the stall fee is ₹650. Is the budget enough? (a) No (b) Yes
  3. 3.Ananya has ₹100 to spend on packs of cups. One pack of cups costs ₹4. What is the greatest number of packs of cups Ananya can buy?
  4. 4.Arjun has ₹160 to spend on packets of seeds. One packet of seeds costs ₹12. What is the greatest number of packets of seeds Arjun can buy?
  5. 5.🔍 Which is the odd one out? (a) a cloth banner (b) sugar (c) card paper (d) lemons
  6. 6.True or false: “paper cups” is a one-time cost. (a) False (b) True
  7. 7.Meera plans to make 34 cupcakes. Each needs ₹5 of materials, and a banner costs ₹250 once. What total budget is needed (in ₹)?
  8. 8.Which of these is a one-time cost? (a) seeds and soil (b) paper cups (c) lemons (d) a cooler box
  9. 9.Ishaan has ₹470 to spend on rolls of ribbon. One roll of ribbon costs ₹10. What is the greatest number of rolls of ribbon Ishaan can buy?
  10. 10.Which of these is a one-time cost? (a) seeds and soil (b) card paper (c) lemons (d) a folding table
  11. 11.Meera plans to make 21 cupcakes. Each needs ₹3 of materials, and a banner costs ₹210 once. What total budget is needed (in ₹)?
  12. 12.True or false: “sugar” is a one-time cost. (a) True (b) False
  13. 13.Which of these is a one-time cost? (a) lemons (b) seeds and soil (c) a cash box (d) tea leaves and milk
  14. 14.True or false: “a price board” is a running cost. (a) True (b) False
  15. 15.🔍 Which is the odd one out? (a) a cloth banner (b) card paper (c) a price board (d) a folding table
  16. 16.Rohan plans to make 27 fruit cups. Each needs ₹7 of materials, and a banner costs ₹200 once. What total budget is needed (in ₹)?
  17. 17.Riya plans to make 37 glasses of chai. Each needs ₹3 of materials, and a banner costs ₹220 once. What total budget is needed (in ₹)?
  18. 18.Dev’s stall budget is ₹580. A banner cost ₹170, card paper cost ₹190 and napkins cost ₹150. How many rupees of the budget are left?
  19. 19.True or false: “a folding table” is a one-time cost. (a) True (b) False
  20. 20.🔍 Which is the odd one out? (a) a juicer (b) a folding table (c) sugar (d) a cooler box
  21. 21.Arjun’s stall budget is ₹670. Pots cost ₹200, lemons cost ₹210 and a banner cost ₹50. How many rupees of the budget are left?
  22. 22.Farhan plans to make 37 potted plants. Each needs ₹5 of materials, and a banner costs ₹250 once. What total budget is needed (in ₹)?
  23. 23.Diya plans to make 21 cups of lemonade. Each needs ₹6 of materials, and a banner costs ₹270 once. What total budget is needed (in ₹)?
  24. 24.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost
  25. 25.True or false: “sugar” is a running cost. (a) False (b) True
  26. 26.Vihaan has a budget of ₹800. The stock costs ₹190 and the stall fee is ₹590. Is the budget enough? (a) No (b) Yes
  27. 27.Ananya has ₹430 to spend on rolls of ribbon. One roll of ribbon costs ₹10. What is the greatest number of rolls of ribbon Ananya can buy?
  28. 28.Dev has ₹290 to spend on packets of seeds. One packet of seeds costs ₹12. What is the greatest number of packets of seeds Dev can buy?
  29. 29.Farhan has a budget of ₹1000. The stock costs ₹270 and the stall fee is ₹780. Is the budget enough? (a) Yes (b) No
  30. 30.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost
  31. 31.Diya has a budget of ₹400. The stock costs ₹100 and the stall fee is ₹300. Is the budget enough? (a) No (b) Yes
  32. 32.Which of these is a running cost? (a) a juicer (b) card paper (c) a folding table (d) a cloth banner
  33. 33.Lakshmi’s stall budget is ₹980. Paper cups cost ₹160, a price board cost ₹260 and pots cost ₹300. How many rupees of the budget are left?
  34. 34.Nisha’s stall budget is ₹600. Paper cups cost ₹140, a price board cost ₹210 and napkins cost ₹230. How many rupees of the budget are left?
  35. 35.📒 One-time cost or running cost: paper cups? (a) a one-time cost (b) a running cost
  36. 36.Arjun has a budget of ₹1000. The stock costs ₹420 and the stall fee is ₹600. Is the budget enough? (a) Yes (b) No
  37. 37.Farhan’s stall budget is ₹580. Pots cost ₹100, paper cups cost ₹190 and a banner cost ₹190. How many rupees of the budget are left?
  38. 38.True or false: “a juicer” is a running cost. (a) True (b) False
  39. 39.Which of these is a running cost? (a) a cash box (b) tea leaves and milk (c) a cooler box (d) a folding table
  40. 40.Kavya has a budget of ₹600. The stock costs ₹110 and the stall fee is ₹440. Is the budget enough? (a) No (b) Yes

Answer key

  1. a running cost
  2. No
  3. 25
  4. 13
  5. a cloth banner
  6. False
  7. 420
  8. a cooler box
  9. 47
  10. a folding table
  11. 273
  12. False
  13. a cash box
  14. False
  15. card paper
  16. 389
  17. 331
  18. 70
  19. True
  20. sugar
  21. 210
  22. 435
  23. 396
  24. a one-time cost
  25. True
  26. Yes
  27. 43
  28. 24
  29. No
  30. a one-time cost
  31. Yes
  32. card paper
  33. 260
  34. 20
  35. a running cost
  36. No
  37. 100
  38. False
  39. tea leaves and milk
  40. Yes

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