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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 791 · 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.Meera has ₹440 to spend on packets of seeds. One packet of seeds costs ₹5. What is the greatest number of packets of seeds Meera can buy?
  2. 2.🔍 Which is the odd one out? (a) a price board (b) a cloth banner (c) a juicer (d) paper cups
  3. 3.Which of these is a one-time cost? (a) a juicer (b) ice (c) lemons (d) tea leaves and milk
  4. 4.Rohan’s stall budget is ₹590. A price board cost ₹170, sugar cost ₹20 and pots cost ₹100. How many rupees of the budget are left?
  5. 5.🔍 Which is the odd one out? (a) sugar (b) paper cups (c) seeds and soil (d) a folding table
  6. 6.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  7. 7.Saanvi has a budget of ₹900. The stock costs ₹430 and the stall fee is ₹440. Is the budget enough? (a) No (b) Yes
  8. 8.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
  9. 9.📒 One-time cost or running cost: sugar? (a) a one-time cost (b) a running cost
  10. 10.Diya has a budget of ₹1000. The stock costs ₹320 and the stall fee is ₹720. Is the budget enough? (a) Yes (b) No
  11. 11.True or false: “tea leaves and milk” is a one-time cost. (a) True (b) False
  12. 12.True or false: “a folding table” is a running cost. (a) True (b) False
  13. 13.Vihaan has ₹400 to spend on packets of seeds. One packet of seeds costs ₹4. What is the greatest number of packets of seeds Vihaan can buy?
  14. 14.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  15. 15.Ishaan plans to make 35 glasses of chai. Each needs ₹7 of materials, and a banner costs ₹170 once. What total budget is needed (in ₹)?
  16. 16.Which of these is a running cost? (a) a cash box (b) a folding table (c) tea leaves and milk (d) a cooler box
  17. 17.Diya has ₹400 to spend on packs of cups. One pack of cups costs ₹5. What is the greatest number of packs of cups Diya can buy?
  18. 18.📒 One-time cost or running cost: ice? (a) a running cost (b) a one-time cost
  19. 19.📒 One-time cost or running cost: a price board? (a) a one-time cost (b) a running cost
  20. 20.Dev has ₹280 to spend on sheets of card paper. One sheet of card paper costs ₹12. What is the greatest number of sheets of card paper Dev can buy?
  21. 21.🔍 Which is the odd one out? (a) a juicer (b) ice (c) a folding table (d) a cash box
  22. 22.True or false: “a juicer” is a one-time cost. (a) False (b) True
  23. 23.🔍 Which is the odd one out? (a) a cloth banner (b) a cash box (c) a price board (d) lemons
  24. 24.Which of these is a one-time cost? (a) a price board (b) lemons (c) seeds and soil (d) sugar
  25. 25.🔍 Which is the odd one out? (a) tea leaves and milk (b) sugar (c) a juicer (d) card paper
  26. 26.Ananya’s stall budget is ₹310. Lemons cost ₹20, seeds cost ₹230 and paper cups cost ₹40. How many rupees of the budget are left?
  27. 27.Gurpreet has a budget of ₹800. The stock costs ₹300 and the stall fee is ₹450. Is the budget enough? (a) No (b) Yes
  28. 28.True or false: “a cooler box” is a one-time cost. (a) True (b) False
  29. 29.Rohan has a budget of ₹900. The stock costs ₹130 and the stall fee is ₹770. Is the budget enough? (a) No (b) Yes
  30. 30.Saanvi’s stall budget is ₹790. Lemons cost ₹160, a banner cost ₹210 and ribbon cost ₹280. How many rupees of the budget are left?
  31. 31.Which of these is a one-time cost? (a) tea leaves and milk (b) a folding table (c) lemons (d) paper cups
  32. 32.True or false: “a price board” is a running cost. (a) True (b) False
  33. 33.Joseph has ₹410 to spend on packs of cups. One pack of cups costs ₹15. What is the greatest number of packs of cups Joseph can buy?
  34. 34.True or false: “card paper” is a one-time cost. (a) False (b) True
  35. 35.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  36. 36.True or false: “a juicer” is a running cost. (a) True (b) False
  37. 37.📒 One-time cost or running cost: a cooler box? (a) a one-time cost (b) a running cost
  38. 38.Lakshmi has ₹420 to spend on packets of seeds. One packet of seeds costs ₹4. What is the greatest number of packets of seeds Lakshmi can buy?
  39. 39.Gurpreet has ₹120 to spend on lemons. One lemon costs ₹20. What is the greatest number of lemons Gurpreet can buy?
  40. 40.Dev plans to make 50 glasses of chai. Each needs ₹2 of materials, and a banner costs ₹50 once. What total budget is needed (in ₹)?

Answer key

  1. 88
  2. paper cups
  3. a juicer
  4. 300
  5. a folding table
  6. a one-time cost
  7. Yes
  8. a one-time cost
  9. a running cost
  10. No
  11. False
  12. False
  13. 100
  14. a one-time cost
  15. 415
  16. tea leaves and milk
  17. 80
  18. a running cost
  19. a one-time cost
  20. 23
  21. ice
  22. True
  23. lemons
  24. a price board
  25. a juicer
  26. 20
  27. Yes
  28. True
  29. Yes
  30. 140
  31. a folding table
  32. False
  33. 27
  34. False
  35. a one-time cost
  36. False
  37. a one-time cost
  38. 105
  39. 6
  40. 150

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