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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 880 · 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 is the odd one out? (a) lemons (b) a folding table (c) a cloth banner (d) a cash box
  2. 2.Farhan’s stall budget is ₹560. Napkins cost ₹160, sugar cost ₹50 and lemons cost ₹130. How many rupees of the budget are left?
  3. 3.Gurpreet plans to make 50 glasses of chai. Each needs ₹3 of materials, and a banner costs ₹90 once. What total budget is needed (in ₹)?
  4. 4.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  5. 5.True or false: “a juicer” is a running cost. (a) False (b) True
  6. 6.🔍 Which is the odd one out? (a) a cooler box (b) a cloth banner (c) card paper (d) a folding table
  7. 7.🔍 Which is the odd one out? (a) a folding table (b) a cash box (c) a juicer (d) sugar
  8. 8.Joseph has a budget of ₹300. The stock costs ₹80 and the stall fee is ₹250. Is the budget enough? (a) Yes (b) No
  9. 9.Which of these is a running cost? (a) a cloth banner (b) a price board (c) a cooler box (d) lemons
  10. 10.🔍 Which is the odd one out? (a) card paper (b) a cloth banner (c) tea leaves and milk (d) paper cups
  11. 11.True or false: “paper cups” is a one-time cost. (a) False (b) True
  12. 12.True or false: “a cloth banner” is a running cost. (a) True (b) False
  13. 13.Which of these is a running cost? (a) a cloth banner (b) tea leaves and milk (c) a cash box (d) a folding table
  14. 14.Which of these is a one-time cost? (a) card paper (b) lemons (c) a juicer (d) ice
  15. 15.True or false: “a folding table” is a one-time cost. (a) True (b) False
  16. 16.Farhan plans to make 11 paper bookmarks. Each needs ₹7 of materials, and a banner costs ₹150 once. What total budget is needed (in ₹)?
  17. 17.Dev’s stall budget is ₹420. Seeds cost ₹30, sugar cost ₹280 and ribbon cost ₹90. How many rupees of the budget are left?
  18. 18.Nisha plans to make 23 handmade cards. Each needs ₹9 of materials, and a banner costs ₹110 once. What total budget is needed (in ₹)?
  19. 19.Meera has a budget of ₹900. The stock costs ₹170 and the stall fee is ₹730. Is the budget enough? (a) No (b) Yes
  20. 20.Saanvi’s stall budget is ₹530. Napkins cost ₹110, card paper cost ₹140 and paper cups cost ₹40. How many rupees of the budget are left?
  21. 21.Which of these is a one-time cost? (a) a folding table (b) lemons (c) tea leaves and milk (d) ice
  22. 22.Aarav has ₹220 to spend on sheets of card paper. One sheet of card paper costs ₹10. What is the greatest number of sheets of card paper Aarav can buy?
  23. 23.Meera has ₹200 to spend on packs of cups. One pack of cups costs ₹6. What is the greatest number of packs of cups Meera can buy?
  24. 24.True or false: “lemons” is a running cost. (a) True (b) False
  25. 25.Which of these is a running cost? (a) a cooler box (b) a price board (c) paper cups (d) a juicer
  26. 26.Kabir has ₹100 to spend on packets of seeds. One packet of seeds costs ₹4. What is the greatest number of packets of seeds Kabir can buy?
  27. 27.📒 One-time cost or running cost: sugar? (a) a running cost (b) a one-time cost
  28. 28.Meera has ₹190 to spend on sheets of card paper. One sheet of card paper costs ₹15. What is the greatest number of sheets of card paper Meera can buy?
  29. 29.🔍 Which is the odd one out? (a) lemons (b) ice (c) a cash box (d) sugar
  30. 30.Nisha has ₹490 to spend on sheets of card paper. One sheet of card paper costs ₹15. What is the greatest number of sheets of card paper Nisha can buy?
  31. 31.📒 One-time cost or running cost: lemons? (a) a one-time cost (b) a running cost
  32. 32.🔍 Which is the odd one out? (a) a folding table (b) a price board (c) tea leaves and milk (d) a cash box
  33. 33.Aarav has ₹70 to spend on sheets of card paper. One sheet of card paper costs ₹6. What is the greatest number of sheets of card paper Aarav can buy?
  34. 34.Diya’s stall budget is ₹630. A price board cost ₹170, sugar cost ₹50 and a banner cost ₹210. How many rupees of the budget are left?
  35. 35.Aarav plans to make 36 painted pebbles. Each needs ₹7 of materials, and a banner costs ₹50 once. What total budget is needed (in ₹)?
  36. 36.Kabir has a budget of ₹300. The stock costs ₹70 and the stall fee is ₹200. Is the budget enough? (a) Yes (b) No
  37. 37.Tara’s stall budget is ₹630. Paper cups cost ₹90, a banner cost ₹110 and lemons cost ₹210. How many rupees of the budget are left?
  38. 38.True or false: “a cloth banner” is a one-time cost. (a) True (b) False
  39. 39.Diya plans to make 22 handmade cards. Each needs ₹4 of materials, and a banner costs ₹160 once. What total budget is needed (in ₹)?
  40. 40.True or false: “seeds and soil” is a running cost. (a) False (b) True

Answer key

  1. lemons
  2. 220
  3. 240
  4. a one-time cost
  5. False
  6. card paper
  7. sugar
  8. No
  9. lemons
  10. a cloth banner
  11. False
  12. False
  13. tea leaves and milk
  14. a juicer
  15. True
  16. 227
  17. 20
  18. 317
  19. Yes
  20. 240
  21. a folding table
  22. 22
  23. 33
  24. True
  25. paper cups
  26. 25
  27. a running cost
  28. 12
  29. a cash box
  30. 32
  31. a running cost
  32. tea leaves and milk
  33. 11
  34. 200
  35. 302
  36. Yes
  37. 220
  38. True
  39. 248
  40. True

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