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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 735 · 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: a cash box? (a) a one-time cost (b) a running cost
  2. 2.📒 One-time cost or running cost: a price board? (a) a one-time cost (b) a running cost
  3. 3.Arjun has a budget of ₹1000. The stock costs ₹470 and the stall fee is ₹510. Is the budget enough? (a) Yes (b) No
  4. 4.Arjun has ₹230 to spend on packets of seeds. One packet of seeds costs ₹5. What is the greatest number of packets of seeds Arjun can buy?
  5. 5.🔍 Which is the odd one out? (a) lemons (b) ice (c) paper cups (d) a cooler box
  6. 6.Which of these is a running cost? (a) a price board (b) paper cups (c) a folding table (d) a cooler box
  7. 7.🔍 Which is the odd one out? (a) a cash box (b) a juicer (c) a price board (d) paper cups
  8. 8.Diya plans to make 25 paper bookmarks. Each needs ₹2 of materials, and a banner costs ₹130 once. What total budget is needed (in ₹)?
  9. 9.True or false: “a cash box” is a running cost. (a) False (b) True
  10. 10.Lakshmi has a budget of ₹1000. The stock costs ₹380 and the stall fee is ₹620. Is the budget enough? (a) No (b) Yes
  11. 11.Vihaan’s stall budget is ₹530. Card paper cost ₹70, napkins cost ₹200 and a price board cost ₹100. How many rupees of the budget are left?
  12. 12.Farhan has ₹380 to spend on lemons. One lemon costs ₹15. What is the greatest number of lemons Farhan can buy?
  13. 13.🔍 Which is the odd one out? (a) a price board (b) sugar (c) ice (d) tea leaves and milk
  14. 14.📒 One-time cost or running cost: a cloth banner? (a) a one-time cost (b) a running cost
  15. 15.Dev has a budget of ₹800. The stock costs ₹50 and the stall fee is ₹780. Is the budget enough? (a) No (b) Yes
  16. 16.Lakshmi plans to make 18 fruit cups. Each needs ₹2 of materials, and a banner costs ₹270 once. What total budget is needed (in ₹)?
  17. 17.Nisha plans to make 22 fruit cups. Each needs ₹10 of materials, and a banner costs ₹70 once. What total budget is needed (in ₹)?
  18. 18.📒 One-time cost or running cost: ice? (a) a one-time cost (b) a running cost
  19. 19.Kabir has ₹70 to spend on sheets of card paper. One sheet of card paper costs ₹15. What is the greatest number of sheets of card paper Kabir can buy?
  20. 20.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost
  21. 21.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  22. 22.True or false: “a cash box” is a one-time cost. (a) False (b) True
  23. 23.Lakshmi plans to make 13 jute bags. Each needs ₹3 of materials, and a banner costs ₹100 once. What total budget is needed (in ₹)?
  24. 24.Tara plans to make 43 jute bags. Each needs ₹9 of materials, and a banner costs ₹290 once. What total budget is needed (in ₹)?
  25. 25.True or false: “tea leaves and milk” is a running cost. (a) False (b) True
  26. 26.Tara has ₹180 to spend on rolls of ribbon. One roll of ribbon costs ₹12. What is the greatest number of rolls of ribbon Tara can buy?
  27. 27.Gurpreet’s stall budget is ₹630. Seeds cost ₹140, pots cost ₹260 and a banner cost ₹60. How many rupees of the budget are left?
  28. 28.🔍 Which is the odd one out? (a) seeds and soil (b) paper cups (c) a cloth banner (d) tea leaves and milk
  29. 29.Nisha has ₹110 to spend on packets of seeds. One packet of seeds costs ₹8. What is the greatest number of packets of seeds Nisha can buy?
  30. 30.Meera’s stall budget is ₹400. Sugar cost ₹90, ribbon cost ₹40 and card paper cost ₹30. How many rupees of the budget are left?
  31. 31.🔍 Which is the odd one out? (a) a cash box (b) a cloth banner (c) a folding table (d) seeds and soil
  32. 32.Meera has ₹170 to spend on sheets of card paper. One sheet of card paper costs ₹12. What is the greatest number of sheets of card paper Meera can buy?
  33. 33.Which of these is a one-time cost? (a) sugar (b) lemons (c) tea leaves and milk (d) a cloth banner
  34. 34.Which of these is a one-time cost? (a) lemons (b) paper cups (c) a price board (d) ice
  35. 35.Rohan has a budget of ₹1000. The stock costs ₹280 and the stall fee is ₹700. Is the budget enough? (a) No (b) Yes
  36. 36.Which of these is a one-time cost? (a) lemons (b) a cash box (c) card paper (d) paper cups
  37. 37.Zoya has ₹220 to spend on packs of cups. One pack of cups costs ₹8. What is the greatest number of packs of cups Zoya can buy?
  38. 38.Vihaan has a budget of ₹900. The stock costs ₹190 and the stall fee is ₹710. Is the budget enough? (a) No (b) Yes
  39. 39.True or false: “tea leaves and milk” is a one-time cost. (a) True (b) False
  40. 40.Zoya has ₹110 to spend on sheets of card paper. One sheet of card paper costs ₹4. What is the greatest number of sheets of card paper Zoya can buy?

Answer key

  1. a one-time cost
  2. a one-time cost
  3. Yes
  4. 46
  5. a cooler box
  6. paper cups
  7. paper cups
  8. 180
  9. False
  10. Yes
  11. 160
  12. 25
  13. a price board
  14. a one-time cost
  15. No
  16. 306
  17. 290
  18. a running cost
  19. 4
  20. a one-time cost
  21. a one-time cost
  22. True
  23. 139
  24. 677
  25. True
  26. 15
  27. 170
  28. a cloth banner
  29. 13
  30. 240
  31. seeds and soil
  32. 14
  33. a cloth banner
  34. a price board
  35. Yes
  36. a cash box
  37. 27
  38. Yes
  39. False
  40. 27

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