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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 90 · 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) a cooler box (b) card paper (c) sugar (d) lemons
  2. 2.Gurpreet plans to make 21 friendship bands. Each needs ₹8 of materials, and a banner costs ₹210 once. What total budget is needed (in ₹)?
  3. 3.🔍 Which is the odd one out? (a) a cloth banner (b) a juicer (c) a price board (d) seeds and soil
  4. 4.Ananya’s stall budget is ₹630. A price board cost ₹60, lemons cost ₹140 and a banner cost ₹200. How many rupees of the budget are left?
  5. 5.Vihaan has ₹430 to spend on rolls of ribbon. One roll of ribbon costs ₹8. What is the greatest number of rolls of ribbon Vihaan can buy?
  6. 6.Which of these is a running cost? (a) a folding table (b) a cooler box (c) a cloth banner (d) lemons
  7. 7.🔍 Which is the odd one out? (a) a folding table (b) a cloth banner (c) sugar (d) a cooler box
  8. 8.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
  9. 9.Ishaan has ₹250 to spend on packs of cups. One pack of cups costs ₹15. What is the greatest number of packs of cups Ishaan can buy?
  10. 10.True or false: “paper cups” is a one-time cost. (a) False (b) True
  11. 11.Kabir plans to make 14 fruit cups. Each needs ₹7 of materials, and a banner costs ₹100 once. What total budget is needed (in ₹)?
  12. 12.Saanvi has a budget of ₹600. The stock costs ₹150 and the stall fee is ₹500. Is the budget enough? (a) No (b) Yes
  13. 13.True or false: “ice” is a running cost. (a) True (b) False
  14. 14.True or false: “a price board” is a running cost. (a) False (b) True
  15. 15.Saanvi has ₹460 to spend on packets of seeds. One packet of seeds costs ₹15. What is the greatest number of packets of seeds Saanvi can buy?
  16. 16.Ananya has a budget of ₹900. The stock costs ₹180 and the stall fee is ₹690. Is the budget enough? (a) No (b) Yes
  17. 17.Which of these is a running cost? (a) a price board (b) a cloth banner (c) a juicer (d) paper cups
  18. 18.📒 One-time cost or running cost: paper cups? (a) a running cost (b) a one-time cost
  19. 19.Kabir’s stall budget is ₹730. Sugar cost ₹290, a price board cost ₹130 and paper cups cost ₹220. How many rupees of the budget are left?
  20. 20.Diya’s stall budget is ₹630. Pots cost ₹210, card paper cost ₹40 and sugar cost ₹130. How many rupees of the budget are left?
  21. 21.Dev has ₹450 to spend on rolls of ribbon. One roll of ribbon costs ₹4. What is the greatest number of rolls of ribbon Dev can buy?
  22. 22.Which of these is a running cost? (a) a juicer (b) a price board (c) ice (d) a folding table
  23. 23.True or false: “a price board” is a one-time cost. (a) True (b) False
  24. 24.True or false: “card paper” is a one-time cost. (a) False (b) True
  25. 25.Ishaan’s stall budget is ₹560. Sugar cost ₹120, card paper cost ₹270 and paper cups cost ₹20. How many rupees of the budget are left?
  26. 26.Which of these is a running cost? (a) a folding table (b) a price board (c) a cash box (d) card paper
  27. 27.Which of these is a one-time cost? (a) lemons (b) tea leaves and milk (c) a cash box (d) sugar
  28. 28.True or false: “a cooler box” is a running cost. (a) False (b) True
  29. 29.Gurpreet has ₹500 to spend on packets of seeds. One packet of seeds costs ₹20. What is the greatest number of packets of seeds Gurpreet can buy?
  30. 30.🔍 Which is the odd one out? (a) lemons (b) sugar (c) a cooler box (d) paper cups
  31. 31.Aarav has a budget of ₹800. The stock costs ₹390 and the stall fee is ₹370. Is the budget enough? (a) No (b) Yes
  32. 32.Diya plans to make 48 fruit cups. Each needs ₹2 of materials, and a banner costs ₹280 once. What total budget is needed (in ₹)?
  33. 33.🔍 Which is the odd one out? (a) paper cups (b) ice (c) card paper (d) a price board
  34. 34.📒 One-time cost or running cost: a cooler box? (a) a one-time cost (b) a running cost
  35. 35.Meera has a budget of ₹1000. The stock costs ₹180 and the stall fee is ₹800. Is the budget enough? (a) No (b) Yes
  36. 36.🔍 Which is the odd one out? (a) a cash box (b) lemons (c) a price board (d) a folding table
  37. 37.🔍 Which is the odd one out? (a) a juicer (b) a cooler box (c) paper cups (d) a price board
  38. 38.🔍 Which is the odd one out? (a) sugar (b) tea leaves and milk (c) a folding table (d) card paper
  39. 39.📒 One-time cost or running cost: tea leaves and milk? (a) a running cost (b) a one-time cost
  40. 40.Kabir plans to make 14 cups of lemonade. Each needs ₹10 of materials, and a banner costs ₹160 once. What total budget is needed (in ₹)?

Answer key

  1. a cooler box
  2. 378
  3. seeds and soil
  4. 230
  5. 53
  6. lemons
  7. sugar
  8. a one-time cost
  9. 16
  10. False
  11. 198
  12. No
  13. True
  14. False
  15. 30
  16. Yes
  17. paper cups
  18. a running cost
  19. 90
  20. 250
  21. 112
  22. ice
  23. True
  24. False
  25. 150
  26. card paper
  27. a cash box
  28. False
  29. 25
  30. a cooler box
  31. Yes
  32. 376
  33. a price board
  34. a one-time cost
  35. Yes
  36. lemons
  37. paper cups
  38. a folding table
  39. a running cost
  40. 300

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