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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 915 · 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.Zoya has ₹80 to spend on packs of cups. One pack of cups costs ₹12. What is the greatest number of packs of cups Zoya can buy?
  2. 2.Which of these is a one-time cost? (a) seeds and soil (b) ice (c) sugar (d) a juicer
  3. 3.Which of these is a one-time cost? (a) lemons (b) sugar (c) a cloth banner (d) ice
  4. 4.Rohan has ₹240 to spend on packets of seeds. One packet of seeds costs ₹6. What is the greatest number of packets of seeds Rohan can buy?
  5. 5.True or false: “a folding table” is a one-time cost. (a) False (b) True
  6. 6.🔍 Which is the odd one out? (a) a folding table (b) card paper (c) a cloth banner (d) a cooler box
  7. 7.True or false: “paper cups” is a one-time cost. (a) True (b) False
  8. 8.Arjun has a budget of ₹300. The stock costs ₹50 and the stall fee is ₹280. Is the budget enough? (a) Yes (b) No
  9. 9.Kabir has ₹130 to spend on packets of seeds. One packet of seeds costs ₹4. What is the greatest number of packets of seeds Kabir can buy?
  10. 10.Which of these is a running cost? (a) lemons (b) a cash box (c) a cloth banner (d) a cooler box
  11. 11.🔍 Which is the odd one out? (a) ice (b) seeds and soil (c) a cloth banner (d) paper cups
  12. 12.Diya’s stall budget is ₹560. Card paper cost ₹40, a banner cost ₹260 and ribbon cost ₹110. How many rupees of the budget are left?
  13. 13.Which of these is a running cost? (a) a cloth banner (b) card paper (c) a price board (d) a folding table
  14. 14.📒 One-time cost or running cost: seeds and soil? (a) a running cost (b) a one-time cost
  15. 15.True or false: “seeds and soil” is a one-time cost. (a) True (b) False
  16. 16.Which of these is a one-time cost? (a) a cash box (b) seeds and soil (c) sugar (d) lemons
  17. 17.🔍 Which is the odd one out? (a) a price board (b) paper cups (c) sugar (d) tea leaves and milk
  18. 18.Kavya has a budget of ₹400. The stock costs ₹190 and the stall fee is ₹260. Is the budget enough? (a) No (b) Yes
  19. 19.Riya plans to make 48 glasses of chai. Each needs ₹7 of materials, and a banner costs ₹70 once. What total budget is needed (in ₹)?
  20. 20.Riya plans to make 19 cups of lemonade. Each needs ₹9 of materials, and a banner costs ₹70 once. What total budget is needed (in ₹)?
  21. 21.🔍 Which is the odd one out? (a) card paper (b) paper cups (c) lemons (d) a cooler box
  22. 22.Aarav has a budget of ₹400. The stock costs ₹200 and the stall fee is ₹170. Is the budget enough? (a) Yes (b) No
  23. 23.🔍 Which is the odd one out? (a) a price board (b) a folding table (c) a cash box (d) seeds and soil
  24. 24.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost
  25. 25.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
  26. 26.Which of these is a running cost? (a) a cooler box (b) sugar (c) a folding table (d) a cloth banner
  27. 27.True or false: “tea leaves and milk” is a running cost. (a) True (b) False
  28. 28.True or false: “a folding table” is a running cost. (a) True (b) False
  29. 29.True or false: “sugar” is a running cost. (a) True (b) False
  30. 30.Saanvi’s stall budget is ₹530. Card paper cost ₹140, paper cups cost ₹230 and sugar cost ₹130. How many rupees of the budget are left?
  31. 31.True or false: “a cloth banner” is a one-time cost. (a) False (b) True
  32. 32.📒 One-time cost or running cost: paper cups? (a) a one-time cost (b) a running cost
  33. 33.🔍 Which is the odd one out? (a) seeds and soil (b) ice (c) paper cups (d) a juicer
  34. 34.🔍 Which is the odd one out? (a) paper cups (b) sugar (c) card paper (d) a cash box
  35. 35.Which of these is a one-time cost? (a) card paper (b) a cooler box (c) tea leaves and milk (d) lemons
  36. 36.True or false: “a cooler box” is a one-time cost. (a) True (b) False
  37. 37.Riya has a budget of ₹300. The stock costs ₹70 and the stall fee is ₹200. Is the budget enough? (a) No (b) Yes
  38. 38.Ishaan has a budget of ₹300. The stock costs ₹100 and the stall fee is ₹160. Is the budget enough? (a) No (b) Yes
  39. 39.Aarav plans to make 16 handmade cards. Each needs ₹3 of materials, and a banner costs ₹300 once. What total budget is needed (in ₹)?
  40. 40.True or false: “tea leaves and milk” is a one-time cost. (a) False (b) True

Answer key

  1. 6
  2. a juicer
  3. a cloth banner
  4. 40
  5. True
  6. card paper
  7. False
  8. No
  9. 32
  10. lemons
  11. a cloth banner
  12. 150
  13. card paper
  14. a running cost
  15. False
  16. a cash box
  17. a price board
  18. No
  19. 406
  20. 241
  21. a cooler box
  22. Yes
  23. seeds and soil
  24. a one-time cost
  25. a running cost
  26. sugar
  27. True
  28. False
  29. True
  30. 30
  31. True
  32. a running cost
  33. a juicer
  34. a cash box
  35. a cooler box
  36. True
  37. Yes
  38. Yes
  39. 348
  40. False

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