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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 928 · 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: “a cooler box” is a running cost. (a) True (b) False
  2. 2.Ananya’s stall budget is ₹300. Sugar cost ₹80, a banner cost ₹70 and seeds cost ₹110. How many rupees of the budget are left?
  3. 3.Rohan’s stall budget is ₹690. Sugar cost ₹160, seeds cost ₹160 and ribbon cost ₹200. How many rupees of the budget are left?
  4. 4.True or false: “a cloth banner” is a running cost. (a) True (b) False
  5. 5.Riya has ₹190 to spend on packets of seeds. One packet of seeds costs ₹4. What is the greatest number of packets of seeds Riya can buy?
  6. 6.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
  7. 7.🔍 Which is the odd one out? (a) a folding table (b) a cloth banner (c) sugar (d) a cash box
  8. 8.True or false: “sugar” is a running cost. (a) False (b) True
  9. 9.Dev has a budget of ₹1000. The stock costs ₹350 and the stall fee is ₹660. Is the budget enough? (a) No (b) Yes
  10. 10.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  11. 11.True or false: “a folding table” is a running cost. (a) False (b) True
  12. 12.📒 One-time cost or running cost: seeds and soil? (a) a one-time cost (b) a running cost
  13. 13.Arjun has ₹310 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?
  14. 14.Which of these is a one-time cost? (a) lemons (b) tea leaves and milk (c) card paper (d) a juicer
  15. 15.Riya plans to make 34 clay diyas. Each needs ₹5 of materials, and a banner costs ₹100 once. What total budget is needed (in ₹)?
  16. 16.🔍 Which is the odd one out? (a) seeds and soil (b) card paper (c) lemons (d) a folding table
  17. 17.Vihaan plans to make 49 glasses of chai. Each needs ₹9 of materials, and a banner costs ₹160 once. What total budget is needed (in ₹)?
  18. 18.Vihaan’s stall budget is ₹470. Seeds cost ₹90, ribbon cost ₹30 and pots cost ₹180. How many rupees of the budget are left?
  19. 19.True or false: “a cash box” is a running cost. (a) False (b) True
  20. 20.True or false: “seeds and soil” is a running cost. (a) True (b) False
  21. 21.Farhan has ₹180 to spend on packets of seeds. One packet of seeds costs ₹8. What is the greatest number of packets of seeds Farhan can buy?
  22. 22.Riya plans to make 16 cups of lemonade. Each needs ₹10 of materials, and a banner costs ₹290 once. What total budget is needed (in ₹)?
  23. 23.Farhan has a budget of ₹700. The stock costs ₹50 and the stall fee is ₹680. Is the budget enough? (a) Yes (b) No
  24. 24.Kabir has ₹130 to spend on packets of seeds. One packet of seeds costs ₹20. What is the greatest number of packets of seeds Kabir can buy?
  25. 25.True or false: “ice” is a running cost. (a) True (b) False
  26. 26.True or false: “lemons” is a running cost. (a) True (b) False
  27. 27.📒 One-time cost or running cost: paper cups? (a) a one-time cost (b) a running cost
  28. 28.Which of these is a running cost? (a) a cash box (b) paper cups (c) a cloth banner (d) a cooler box
  29. 29.True or false: “a juicer” is a one-time cost. (a) False (b) True
  30. 30.Kavya’s stall budget is ₹460. Ribbon cost ₹140, sugar cost ₹290 and paper cups cost ₹20. How many rupees of the budget are left?
  31. 31.🔍 Which is the odd one out? (a) a juicer (b) card paper (c) a cash box (d) a price board
  32. 32.Nisha has a budget of ₹300. The stock costs ₹50 and the stall fee is ₹220. Is the budget enough? (a) No (b) Yes
  33. 33.Kabir’s stall budget is ₹790. Seeds cost ₹250, a banner cost ₹250 and pots cost ₹50. How many rupees of the budget are left?
  34. 34.True or false: “paper cups” is a one-time cost. (a) False (b) True
  35. 35.True or false: “sugar” is a one-time cost. (a) False (b) True
  36. 36.True or false: “paper cups” is a running cost. (a) True (b) False
  37. 37.Nisha has ₹400 to spend on packets of seeds. One packet of seeds costs ₹12. What is the greatest number of packets of seeds Nisha can buy?
  38. 38.Kavya has ₹330 to spend on packets of seeds. One packet of seeds costs ₹4. What is the greatest number of packets of seeds Kavya can buy?
  39. 39.Which of these is a running cost? (a) a juicer (b) a folding table (c) a cloth banner (d) tea leaves and milk
  40. 40.Riya plans to make 49 cupcakes. Each needs ₹4 of materials, and a banner costs ₹280 once. What total budget is needed (in ₹)?

Answer key

  1. False
  2. 40
  3. 170
  4. False
  5. 47
  6. a running cost
  7. sugar
  8. True
  9. No
  10. a one-time cost
  11. False
  12. a running cost
  13. 15
  14. a juicer
  15. 270
  16. a folding table
  17. 601
  18. 170
  19. False
  20. True
  21. 22
  22. 450
  23. No
  24. 6
  25. True
  26. True
  27. a running cost
  28. paper cups
  29. True
  30. 10
  31. card paper
  32. Yes
  33. 240
  34. False
  35. False
  36. True
  37. 33
  38. 82
  39. tea leaves and milk
  40. 476

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