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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 792 · 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.Farhan has ₹50 to spend on packs of cups. One pack of cups costs ₹15. What is the greatest number of packs of cups Farhan can buy?
  2. 2.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  3. 3.Which of these is a one-time cost? (a) sugar (b) a price board (c) paper cups (d) lemons
  4. 4.True or false: “a cloth banner” is a one-time cost. (a) True (b) False
  5. 5.Arjun plans to make 46 paper bookmarks. Each needs ₹2 of materials, and a banner costs ₹270 once. What total budget is needed (in ₹)?
  6. 6.Gurpreet has a budget of ₹600. The stock costs ₹130 and the stall fee is ₹430. Is the budget enough? (a) Yes (b) No
  7. 7.🔍 Which is the odd one out? (a) a juicer (b) a price board (c) a folding table (d) tea leaves and milk
  8. 8.Which of these is a one-time cost? (a) card paper (b) a juicer (c) lemons (d) tea leaves and milk
  9. 9.🔍 Which is the odd one out? (a) a cloth banner (b) a folding table (c) card paper (d) a cash box
  10. 10.True or false: “ice” is a one-time cost. (a) False (b) True
  11. 11.📒 One-time cost or running cost: a cooler box? (a) a one-time cost (b) a running cost
  12. 12.Zoya has ₹100 to spend on packets of seeds. One packet of seeds costs ₹6. What is the greatest number of packets of seeds Zoya can buy?
  13. 13.True or false: “a cash box” is a one-time cost. (a) True (b) False
  14. 14.True or false: “a cloth banner” is a running cost. (a) True (b) False
  15. 15.Which of these is a running cost? (a) sugar (b) a cash box (c) a juicer (d) a cloth banner
  16. 16.Gurpreet’s stall budget is ₹530. Napkins cost ₹240, lemons cost ₹40 and seeds cost ₹60. How many rupees of the budget are left?
  17. 17.Which of these is a one-time cost? (a) lemons (b) a cloth banner (c) ice (d) paper cups
  18. 18.🔍 Which is the odd one out? (a) a juicer (b) a cloth banner (c) lemons (d) a cooler box
  19. 19.Kabir has ₹80 to spend on lemons. One lemon costs ₹8. What is the greatest number of lemons Kabir can buy?
  20. 20.Ananya has ₹100 to spend on packs of cups. One pack of cups costs ₹6. What is the greatest number of packs of cups Ananya can buy?
  21. 21.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  22. 22.Rohan’s stall budget is ₹720. A price board cost ₹280, pots cost ₹250 and paper cups cost ₹80. How many rupees of the budget are left?
  23. 23.Which of these is a one-time cost? (a) seeds and soil (b) a folding table (c) tea leaves and milk (d) sugar
  24. 24.Meera plans to make 17 friendship bands. Each needs ₹6 of materials, and a banner costs ₹250 once. What total budget is needed (in ₹)?
  25. 25.Zoya plans to make 20 jute bags. Each needs ₹5 of materials, and a banner costs ₹120 once. What total budget is needed (in ₹)?
  26. 26.📒 One-time cost or running cost: seeds and soil? (a) a running cost (b) a one-time cost
  27. 27.Vihaan’s stall budget is ₹340. Pots cost ₹30, lemons cost ₹160 and seeds cost ₹40. How many rupees of the budget are left?
  28. 28.Arjun has a budget of ₹400. The stock costs ₹130 and the stall fee is ₹290. Is the budget enough? (a) Yes (b) No
  29. 29.🔍 Which is the odd one out? (a) sugar (b) paper cups (c) lemons (d) a cloth banner
  30. 30.Rohan’s stall budget is ₹600. A price board cost ₹80, a banner cost ₹110 and lemons cost ₹260. How many rupees of the budget are left?
  31. 31.True or false: “ice” is a running cost. (a) False (b) True
  32. 32.True or false: “paper cups” is a running cost. (a) True (b) False
  33. 33.Ananya has a budget of ₹1000. The stock costs ₹490 and the stall fee is ₹470. Is the budget enough? (a) Yes (b) No
  34. 34.True or false: “seeds and soil” is a running cost. (a) False (b) True
  35. 35.Farhan plans to make 33 cupcakes. Each needs ₹10 of materials, and a banner costs ₹110 once. What total budget is needed (in ₹)?
  36. 36.🔍 Which is the odd one out? (a) a cloth banner (b) a cash box (c) a folding table (d) paper cups
  37. 37.Which of these is a running cost? (a) a price board (b) a cooler box (c) paper cups (d) a juicer
  38. 38.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
  39. 39.Dev has ₹500 to spend on packs of cups. One pack of cups costs ₹12. What is the greatest number of packs of cups Dev can buy?
  40. 40.Zoya’s stall budget is ₹640. Sugar cost ₹90, napkins cost ₹50 and a price board cost ₹210. How many rupees of the budget are left?

Answer key

  1. 3
  2. a one-time cost
  3. a price board
  4. True
  5. 362
  6. Yes
  7. tea leaves and milk
  8. a juicer
  9. card paper
  10. False
  11. a one-time cost
  12. 16
  13. True
  14. False
  15. sugar
  16. 190
  17. a cloth banner
  18. lemons
  19. 10
  20. 16
  21. a one-time cost
  22. 110
  23. a folding table
  24. 352
  25. 220
  26. a running cost
  27. 110
  28. No
  29. a cloth banner
  30. 150
  31. True
  32. True
  33. Yes
  34. True
  35. 440
  36. paper cups
  37. paper cups
  38. a running cost
  39. 41
  40. 290

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