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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 753 · 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: card paper? (a) a one-time cost (b) a running cost
  2. 2.True or false: “a folding table” is a one-time cost. (a) True (b) False
  3. 3.Tara has ₹230 to spend on packets of seeds. One packet of seeds costs ₹4. What is the greatest number of packets of seeds Tara can buy?
  4. 4.Vihaan has ₹340 to spend on sheets of card paper. One sheet of card paper costs ₹6. What is the greatest number of sheets of card paper Vihaan can buy?
  5. 5.🔍 Which is the odd one out? (a) card paper (b) a cash box (c) a price board (d) a cloth banner
  6. 6.Zoya plans to make 28 bags of popcorn. Each needs ₹9 of materials, and a banner costs ₹150 once. What total budget is needed (in ₹)?
  7. 7.True or false: “sugar” is a one-time cost. (a) False (b) True
  8. 8.📒 One-time cost or running cost: tea leaves and milk? (a) a running cost (b) a one-time cost
  9. 9.🔍 Which is the odd one out? (a) paper cups (b) a juicer (c) ice (d) lemons
  10. 10.🔍 Which is the odd one out? (a) a cloth banner (b) paper cups (c) a cooler box (d) a folding table
  11. 11.Ananya has ₹290 to spend on packets of seeds. One packet of seeds costs ₹6. What is the greatest number of packets of seeds Ananya can buy?
  12. 12.Which of these is a one-time cost? (a) ice (b) a cloth banner (c) lemons (d) seeds and soil
  13. 13.Which of these is a running cost? (a) a folding table (b) a cooler box (c) seeds and soil (d) a juicer
  14. 14.True or false: “seeds and soil” is a one-time cost. (a) True (b) False
  15. 15.Ishaan has ₹140 to spend on sheets of card paper. One sheet of card paper costs ₹12. What is the greatest number of sheets of card paper Ishaan can buy?
  16. 16.Saanvi has ₹320 to spend on rolls of ribbon. One roll of ribbon costs ₹6. What is the greatest number of rolls of ribbon Saanvi can buy?
  17. 17.🔍 Which is the odd one out? (a) a cloth banner (b) a price board (c) a cooler box (d) tea leaves and milk
  18. 18.Which of these is a one-time cost? (a) a juicer (b) sugar (c) card paper (d) ice
  19. 19.Ananya has ₹140 to spend on packs of cups. One pack of cups costs ₹12. What is the greatest number of packs of cups Ananya can buy?
  20. 20.True or false: “sugar” is a running cost. (a) False (b) True
  21. 21.True or false: “a cooler box” is a running cost. (a) True (b) False
  22. 22.Ananya has a budget of ₹300. The stock costs ₹70 and the stall fee is ₹280. Is the budget enough? (a) No (b) Yes
  23. 23.Riya has a budget of ₹1000. The stock costs ₹300 and the stall fee is ₹670. Is the budget enough? (a) Yes (b) No
  24. 24.Which of these is a running cost? (a) a price board (b) card paper (c) a cash box (d) a folding table
  25. 25.Which of these is a running cost? (a) a price board (b) a folding table (c) a cash box (d) ice
  26. 26.True or false: “a cloth banner” is a running cost. (a) False (b) True
  27. 27.Which of these is a running cost? (a) lemons (b) a cooler box (c) a price board (d) a folding table
  28. 28.Ishaan has ₹80 to spend on packs of cups. One pack of cups costs ₹15. What is the greatest number of packs of cups Ishaan can buy?
  29. 29.Ishaan has a budget of ₹1000. The stock costs ₹60 and the stall fee is ₹920. Is the budget enough? (a) No (b) Yes
  30. 30.Ananya has ₹50 to spend on lemons. One lemon costs ₹10. What is the greatest number of lemons Ananya can buy?
  31. 31.🔍 Which is the odd one out? (a) tea leaves and milk (b) card paper (c) paper cups (d) a price board
  32. 32.🔍 Which is the odd one out? (a) a cash box (b) a folding table (c) seeds and soil (d) a cloth banner
  33. 33.Kabir has ₹60 to spend on rolls of ribbon. One roll of ribbon costs ₹10. What is the greatest number of rolls of ribbon Kabir can buy?
  34. 34.📒 One-time cost or running cost: a cloth banner? (a) a one-time cost (b) a running cost
  35. 35.True or false: “a folding table” is a running cost. (a) False (b) True
  36. 36.📒 One-time cost or running cost: sugar? (a) a running cost (b) a one-time cost
  37. 37.Zoya has a budget of ₹1000. The stock costs ₹150 and the stall fee is ₹820. Is the budget enough? (a) No (b) Yes
  38. 38.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost
  39. 39.Nisha’s stall budget is ₹650. Paper cups cost ₹80, ribbon cost ₹70 and pots cost ₹250. How many rupees of the budget are left?
  40. 40.Nisha’s stall budget is ₹590. Lemons cost ₹60, pots cost ₹170 and a banner cost ₹210. How many rupees of the budget are left?

Answer key

  1. a running cost
  2. True
  3. 57
  4. 56
  5. card paper
  6. 402
  7. False
  8. a running cost
  9. a juicer
  10. paper cups
  11. 48
  12. a cloth banner
  13. seeds and soil
  14. False
  15. 11
  16. 53
  17. tea leaves and milk
  18. a juicer
  19. 11
  20. True
  21. False
  22. No
  23. Yes
  24. card paper
  25. ice
  26. False
  27. lemons
  28. 5
  29. Yes
  30. 5
  31. a price board
  32. seeds and soil
  33. 6
  34. a one-time cost
  35. False
  36. a running cost
  37. Yes
  38. a one-time cost
  39. 250
  40. 150

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