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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 920 · 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.True or false: “lemons” is a running cost. (a) False (b) True
  2. 2.Rohan has a budget of ₹500. The stock costs ₹220 and the stall fee is ₹330. Is the budget enough? (a) Yes (b) No
  3. 3.📒 One-time cost or running cost: ice? (a) a one-time cost (b) a running cost
  4. 4.📒 One-time cost or running cost: a cloth banner? (a) a one-time cost (b) a running cost
  5. 5.Ishaan has ₹110 to spend on packets of seeds. One packet of seeds costs ₹5. What is the greatest number of packets of seeds Ishaan can buy?
  6. 6.Arjun has ₹490 to spend on sheets of card paper. One sheet of card paper costs ₹20. What is the greatest number of sheets of card paper Arjun can buy?
  7. 7.📒 One-time cost or running cost: seeds and soil? (a) a running cost (b) a one-time cost
  8. 8.🔍 Which is the odd one out? (a) a cooler box (b) sugar (c) paper cups (d) lemons
  9. 9.True or false: “a folding table” is a running cost. (a) False (b) True
  10. 10.Which of these is a running cost? (a) lemons (b) a cloth banner (c) a juicer (d) a folding table
  11. 11.True or false: “ice” is a one-time cost. (a) True (b) False
  12. 12.True or false: “a juicer” is a running cost. (a) False (b) True
  13. 13.🔍 Which is the odd one out? (a) paper cups (b) a cooler box (c) a price board (d) a juicer
  14. 14.Kavya’s stall budget is ₹690. Card paper cost ₹60, napkins cost ₹280 and sugar cost ₹110. How many rupees of the budget are left?
  15. 15.Which of these is a one-time cost? (a) a price board (b) sugar (c) seeds and soil (d) lemons
  16. 16.Which of these is a running cost? (a) tea leaves and milk (b) a juicer (c) a price board (d) a cooler box
  17. 17.Which of these is a running cost? (a) a cash box (b) a cooler box (c) a folding table (d) card paper
  18. 18.📒 One-time cost or running cost: a cash box? (a) a one-time cost (b) a running cost
  19. 19.🔍 Which is the odd one out? (a) a folding table (b) a cash box (c) a cloth banner (d) ice
  20. 20.True or false: “a folding table” is a one-time cost. (a) True (b) False
  21. 21.Gurpreet plans to make 18 handmade cards. Each needs ₹7 of materials, and a banner costs ₹110 once. What total budget is needed (in ₹)?
  22. 22.Tara has a budget of ₹600. The stock costs ₹240 and the stall fee is ₹370. Is the budget enough? (a) Yes (b) No
  23. 23.Saanvi’s stall budget is ₹840. Seeds cost ₹200, a banner cost ₹250 and ribbon cost ₹100. How many rupees of the budget are left?
  24. 24.🔍 Which is the odd one out? (a) a cash box (b) a juicer (c) a folding table (d) seeds and soil
  25. 25.Saanvi has ₹60 to spend on sheets of card paper. One sheet of card paper costs ₹20. What is the greatest number of sheets of card paper Saanvi can buy?
  26. 26.True or false: “card paper” is a running cost. (a) False (b) True
  27. 27.Dev has a budget of ₹500. The stock costs ₹170 and the stall fee is ₹380. Is the budget enough? (a) Yes (b) No
  28. 28.Tara has a budget of ₹900. The stock costs ₹380 and the stall fee is ₹510. Is the budget enough? (a) No (b) Yes
  29. 29.Which of these is a one-time cost? (a) ice (b) card paper (c) a juicer (d) paper cups
  30. 30.Gurpreet plans to make 22 clay diyas. Each needs ₹4 of materials, and a banner costs ₹50 once. What total budget is needed (in ₹)?
  31. 31.True or false: “a cloth banner” is a one-time cost. (a) True (b) False
  32. 32.Diya has ₹480 to spend on sheets of card paper. One sheet of card paper costs ₹4. What is the greatest number of sheets of card paper Diya can buy?
  33. 33.Kavya plans to make 30 cups of lemonade. Each needs ₹10 of materials, and a banner costs ₹130 once. What total budget is needed (in ₹)?
  34. 34.Diya plans to make 38 bags of popcorn. Each needs ₹4 of materials, and a banner costs ₹230 once. What total budget is needed (in ₹)?
  35. 35.Rohan has ₹440 to spend on sheets of card paper. One sheet of card paper costs ₹20. What is the greatest number of sheets of card paper Rohan can buy?
  36. 36.Farhan has a budget of ₹400. The stock costs ₹50 and the stall fee is ₹360. Is the budget enough? (a) Yes (b) No
  37. 37.Ananya has ₹380 to spend on rolls of ribbon. One roll of ribbon costs ₹15. What is the greatest number of rolls of ribbon Ananya can buy?
  38. 38.Meera has ₹150 to spend on lemons. One lemon costs ₹4. What is the greatest number of lemons Meera can buy?
  39. 39.Zoya plans to make 33 cups of lemonade. Each needs ₹7 of materials, and a banner costs ₹90 once. What total budget is needed (in ₹)?
  40. 40.Kabir has ₹210 to spend on lemons. One lemon costs ₹5. What is the greatest number of lemons Kabir can buy?

Answer key

  1. True
  2. No
  3. a running cost
  4. a one-time cost
  5. 22
  6. 24
  7. a running cost
  8. a cooler box
  9. False
  10. lemons
  11. False
  12. False
  13. paper cups
  14. 240
  15. a price board
  16. tea leaves and milk
  17. card paper
  18. a one-time cost
  19. ice
  20. True
  21. 236
  22. No
  23. 290
  24. seeds and soil
  25. 3
  26. True
  27. No
  28. Yes
  29. a juicer
  30. 138
  31. True
  32. 120
  33. 430
  34. 382
  35. 22
  36. No
  37. 25
  38. 37
  39. 321
  40. 42

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