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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 951 · 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) a price board (b) a folding table (c) a juicer (d) tea leaves and milk
  2. 2.True or false: “a cash box” is a one-time cost. (a) False (b) True
  3. 3.Saanvi plans to make 10 potted plants. Each needs ₹6 of materials, and a banner costs ₹230 once. What total budget is needed (in ₹)?
  4. 4.🔍 Which is the odd one out? (a) a folding table (b) sugar (c) tea leaves and milk (d) lemons
  5. 5.Joseph has ₹280 to spend on sheets of card paper. One sheet of card paper costs ₹5. What is the greatest number of sheets of card paper Joseph can buy?
  6. 6.Meera has ₹220 to spend on packs of cups. One pack of cups costs ₹8. What is the greatest number of packs of cups Meera can buy?
  7. 7.📒 One-time cost or running cost: a cash box? (a) a one-time cost (b) a running cost
  8. 8.True or false: “a cooler box” is a running cost. (a) True (b) False
  9. 9.Diya plans to make 32 cupcakes. Each needs ₹2 of materials, and a banner costs ₹170 once. What total budget is needed (in ₹)?
  10. 10.Meera plans to make 33 potted plants. Each needs ₹9 of materials, and a banner costs ₹210 once. What total budget is needed (in ₹)?
  11. 11.Farhan plans to make 25 potted plants. Each needs ₹8 of materials, and a banner costs ₹110 once. What total budget is needed (in ₹)?
  12. 12.🔍 Which is the odd one out? (a) lemons (b) a cooler box (c) a price board (d) a cloth banner
  13. 13.Arjun’s stall budget is ₹560. Paper cups cost ₹100, napkins cost ₹50 and lemons cost ₹120. How many rupees of the budget are left?
  14. 14.📒 One-time cost or running cost: ice? (a) a running cost (b) a one-time cost
  15. 15.Nisha has ₹50 to spend on packets of seeds. One packet of seeds costs ₹6. What is the greatest number of packets of seeds Nisha can buy?
  16. 16.🔍 Which is the odd one out? (a) tea leaves and milk (b) paper cups (c) a price board (d) seeds and soil
  17. 17.Nisha has a budget of ₹500. The stock costs ₹50 and the stall fee is ₹420. Is the budget enough? (a) Yes (b) No
  18. 18.Ananya’s stall budget is ₹740. Napkins cost ₹290, paper cups cost ₹160 and ribbon cost ₹160. How many rupees of the budget are left?
  19. 19.Saanvi’s stall budget is ₹670. Lemons cost ₹70, seeds cost ₹270 and paper cups cost ₹160. How many rupees of the budget are left?
  20. 20.True or false: “a cooler box” is a one-time cost. (a) False (b) True
  21. 21.Which of these is a one-time cost? (a) a juicer (b) paper cups (c) lemons (d) seeds and soil
  22. 22.Meera has ₹500 to spend on lemons. One lemon costs ₹4. What is the greatest number of lemons Meera can buy?
  23. 23.True or false: “sugar” is a one-time cost. (a) True (b) False
  24. 24.True or false: “card paper” is a running cost. (a) False (b) True
  25. 25.Kavya’s stall budget is ₹600. A banner cost ₹250, napkins cost ₹270 and a price board cost ₹30. How many rupees of the budget are left?
  26. 26.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
  27. 27.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  28. 28.Which of these is a running cost? (a) lemons (b) a juicer (c) a cooler box (d) a cash box
  29. 29.Kabir’s stall budget is ₹740. Paper cups cost ₹230, seeds cost ₹40 and lemons cost ₹260. How many rupees of the budget are left?
  30. 30.Joseph has a budget of ₹400. The stock costs ₹130 and the stall fee is ₹300. Is the budget enough? (a) Yes (b) No
  31. 31.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  32. 32.Kabir’s stall budget is ₹270. Napkins cost ₹30, seeds cost ₹20 and ribbon cost ₹210. How many rupees of the budget are left?
  33. 33.Diya plans to make 19 friendship bands. Each needs ₹9 of materials, and a banner costs ₹170 once. What total budget is needed (in ₹)?
  34. 34.Lakshmi plans to make 41 glasses of chai. Each needs ₹4 of materials, and a banner costs ₹280 once. What total budget is needed (in ₹)?
  35. 35.Kavya has a budget of ₹1000. The stock costs ₹410 and the stall fee is ₹540. Is the budget enough? (a) No (b) Yes
  36. 36.Ananya plans to make 44 paper bookmarks. Each needs ₹2 of materials, and a banner costs ₹130 once. What total budget is needed (in ₹)?
  37. 37.Zoya has ₹410 to spend on rolls of ribbon. One roll of ribbon costs ₹6. What is the greatest number of rolls of ribbon Zoya can buy?
  38. 38.True or false: “a folding table” is a one-time cost. (a) True (b) False
  39. 39.Which of these is a one-time cost? (a) card paper (b) lemons (c) a folding table (d) sugar
  40. 40.🔍 Which is the odd one out? (a) paper cups (b) a cloth banner (c) ice (d) lemons

Answer key

  1. tea leaves and milk
  2. True
  3. 290
  4. a folding table
  5. 56
  6. 27
  7. a one-time cost
  8. False
  9. 234
  10. 507
  11. 310
  12. lemons
  13. 290
  14. a running cost
  15. 8
  16. a price board
  17. Yes
  18. 130
  19. 170
  20. True
  21. a juicer
  22. 125
  23. False
  24. True
  25. 50
  26. a running cost
  27. a one-time cost
  28. lemons
  29. 210
  30. No
  31. a one-time cost
  32. 10
  33. 341
  34. 444
  35. Yes
  36. 218
  37. 68
  38. True
  39. a folding table
  40. a cloth banner

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