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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 736 · 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.Which of these is a one-time cost? (a) lemons (b) a cloth banner (c) sugar (d) card paper
  2. 2.Saanvi plans to make 26 painted pebbles. Each needs ₹2 of materials, and a banner costs ₹300 once. What total budget is needed (in ₹)?
  3. 3.Arjun has ₹430 to spend on packets of seeds. One packet of seeds costs ₹15. What is the greatest number of packets of seeds Arjun can buy?
  4. 4.Zoya has ₹460 to spend on lemons. One lemon costs ₹10. What is the greatest number of lemons Zoya can buy?
  5. 5.🔍 Which is the odd one out? (a) a cash box (b) lemons (c) a folding table (d) a juicer
  6. 6.Which of these is a one-time cost? (a) tea leaves and milk (b) a cash box (c) card paper (d) seeds and soil
  7. 7.🔍 Which is the odd one out? (a) a price board (b) a cloth banner (c) card paper (d) a cash box
  8. 8.True or false: “seeds and soil” is a one-time cost. (a) True (b) False
  9. 9.Vihaan has a budget of ₹500. The stock costs ₹60 and the stall fee is ₹480. Is the budget enough? (a) No (b) Yes
  10. 10.True or false: “a price board” is a one-time cost. (a) False (b) True
  11. 11.Kavya has ₹110 to spend on packs of cups. One pack of cups costs ₹5. What is the greatest number of packs of cups Kavya can buy?
  12. 12.True or false: “a price board” is a running cost. (a) True (b) False
  13. 13.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost
  14. 14.Arjun has a budget of ₹400. The stock costs ₹80 and the stall fee is ₹290. Is the budget enough? (a) No (b) Yes
  15. 15.Zoya’s stall budget is ₹860. Ribbon cost ₹90, paper cups cost ₹260 and napkins cost ₹260. How many rupees of the budget are left?
  16. 16.True or false: “a cloth banner” is a running cost. (a) False (b) True
  17. 17.🔍 Which is the odd one out? (a) a price board (b) tea leaves and milk (c) a folding table (d) a cooler box
  18. 18.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  19. 19.Vihaan plans to make 47 fruit cups. Each needs ₹3 of materials, and a banner costs ₹50 once. What total budget is needed (in ₹)?
  20. 20.True or false: “sugar” is a running cost. (a) False (b) True
  21. 21.📒 One-time cost or running cost: ice? (a) a running cost (b) a one-time cost
  22. 22.True or false: “a folding table” is a running cost. (a) True (b) False
  23. 23.Riya has a budget of ₹800. The stock costs ₹190 and the stall fee is ₹620. Is the budget enough? (a) Yes (b) No
  24. 24.Aarav has a budget of ₹800. The stock costs ₹100 and the stall fee is ₹660. Is the budget enough? (a) Yes (b) No
  25. 25.Ishaan plans to make 25 clay diyas. Each needs ₹4 of materials, and a banner costs ₹100 once. What total budget is needed (in ₹)?
  26. 26.🔍 Which is the odd one out? (a) a cloth banner (b) a price board (c) a folding table (d) paper cups
  27. 27.🔍 Which is the odd one out? (a) card paper (b) tea leaves and milk (c) sugar (d) a folding table
  28. 28.🔍 Which is the odd one out? (a) paper cups (b) card paper (c) a juicer (d) sugar
  29. 29.Ishaan plans to make 23 cups of lemonade. Each needs ₹4 of materials, and a banner costs ₹50 once. What total budget is needed (in ₹)?
  30. 30.Aarav has a budget of ₹700. The stock costs ₹90 and the stall fee is ₹560. Is the budget enough? (a) Yes (b) No
  31. 31.True or false: “card paper” is a one-time cost. (a) False (b) True
  32. 32.Farhan’s stall budget is ₹930. Lemons cost ₹280, card paper cost ₹300 and ribbon cost ₹120. How many rupees of the budget are left?
  33. 33.Vihaan has a budget of ₹300. The stock costs ₹140 and the stall fee is ₹110. Is the budget enough? (a) No (b) Yes
  34. 34.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  35. 35.Rohan has a budget of ₹600. The stock costs ₹300 and the stall fee is ₹340. Is the budget enough? (a) No (b) Yes
  36. 36.True or false: “a folding table” is a one-time cost. (a) True (b) False
  37. 37.True or false: “a cooler box” is a running cost. (a) False (b) True
  38. 38.Meera’s stall budget is ₹680. Pots cost ₹300, a price board cost ₹30 and a banner cost ₹60. How many rupees of the budget are left?
  39. 39.Saanvi has ₹470 to spend on packs of cups. One pack of cups costs ₹15. What is the greatest number of packs of cups Saanvi can buy?
  40. 40.True or false: “paper cups” is a running cost. (a) True (b) False

Answer key

  1. a cloth banner
  2. 352
  3. 28
  4. 46
  5. lemons
  6. a cash box
  7. card paper
  8. False
  9. No
  10. True
  11. 22
  12. False
  13. a one-time cost
  14. Yes
  15. 250
  16. False
  17. tea leaves and milk
  18. a one-time cost
  19. 191
  20. True
  21. a running cost
  22. False
  23. No
  24. Yes
  25. 200
  26. paper cups
  27. a folding table
  28. a juicer
  29. 142
  30. Yes
  31. False
  32. 230
  33. Yes
  34. a one-time cost
  35. No
  36. True
  37. False
  38. 290
  39. 31
  40. True

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