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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 978 · 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) sugar (b) tea leaves and milk (c) a cooler box (d) seeds and soil
  2. 2.🔍 Which is the odd one out? (a) ice (b) a folding table (c) lemons (d) tea leaves and milk
  3. 3.Tara has ₹250 to spend on packs of cups. One pack of cups costs ₹10. What is the greatest number of packs of cups Tara can buy?
  4. 4.📒 One-time cost or running cost: a cooler box? (a) a one-time cost (b) a running cost
  5. 5.True or false: “lemons” is a running cost. (a) False (b) True
  6. 6.Ananya has ₹90 to spend on packets of seeds. One packet of seeds costs ₹6. What is the greatest number of packets of seeds Ananya can buy?
  7. 7.Saanvi plans to make 20 cupcakes. Each needs ₹5 of materials, and a banner costs ₹170 once. What total budget is needed (in ₹)?
  8. 8.Which of these is a running cost? (a) a cash box (b) a folding table (c) lemons (d) a juicer
  9. 9.Which of these is a one-time cost? (a) tea leaves and milk (b) sugar (c) card paper (d) a cooler box
  10. 10.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
  11. 11.Diya has ₹410 to spend on packs of cups. One pack of cups costs ₹6. What is the greatest number of packs of cups Diya can buy?
  12. 12.True or false: “tea leaves and milk” is a one-time cost. (a) False (b) True
  13. 13.Ishaan has ₹460 to spend on lemons. One lemon costs ₹5. What is the greatest number of lemons Ishaan can buy?
  14. 14.Vihaan plans to make 20 clay diyas. Each needs ₹4 of materials, and a banner costs ₹90 once. What total budget is needed (in ₹)?
  15. 15.True or false: “a folding table” is a running cost. (a) False (b) True
  16. 16.Kavya has a budget of ₹300. The stock costs ₹80 and the stall fee is ₹210. Is the budget enough? (a) Yes (b) No
  17. 17.Which of these is a one-time cost? (a) a juicer (b) lemons (c) seeds and soil (d) sugar
  18. 18.Which of these is a one-time cost? (a) ice (b) tea leaves and milk (c) a price board (d) sugar
  19. 19.Which of these is a one-time cost? (a) sugar (b) a cash box (c) seeds and soil (d) card paper
  20. 20.Nisha’s stall budget is ₹750. Card paper cost ₹80, pots cost ₹200 and a price board cost ₹230. How many rupees of the budget are left?
  21. 21.🔍 Which is the odd one out? (a) paper cups (b) tea leaves and milk (c) seeds and soil (d) a cash box
  22. 22.Which of these is a running cost? (a) a cash box (b) a folding table (c) a cooler box (d) tea leaves and milk
  23. 23.True or false: “a cash box” is a running cost. (a) True (b) False
  24. 24.Farhan plans to make 39 handmade cards. Each needs ₹7 of materials, and a banner costs ₹100 once. What total budget is needed (in ₹)?
  25. 25.🔍 Which is the odd one out? (a) a cooler box (b) a cash box (c) paper cups (d) a juicer
  26. 26.Which of these is a running cost? (a) a juicer (b) ice (c) a cloth banner (d) a folding table
  27. 27.True or false: “a juicer” is a running cost. (a) False (b) True
  28. 28.Saanvi’s stall budget is ₹520. A banner cost ₹120, sugar cost ₹240 and a price board cost ₹80. How many rupees of the budget are left?
  29. 29.Kavya’s stall budget is ₹830. Paper cups cost ₹300, seeds cost ₹180 and a banner cost ₹70. How many rupees of the budget are left?
  30. 30.Ananya plans to make 34 glasses of chai. Each needs ₹6 of materials, and a banner costs ₹300 once. What total budget is needed (in ₹)?
  31. 31.Lakshmi has a budget of ₹600. The stock costs ₹230 and the stall fee is ₹410. Is the budget enough? (a) Yes (b) No
  32. 32.Vihaan’s stall budget is ₹610. Lemons cost ₹150, paper cups cost ₹160 and card paper cost ₹80. How many rupees of the budget are left?
  33. 33.📒 One-time cost or running cost: sugar? (a) a running cost (b) a one-time cost
  34. 34.Kavya plans to make 41 cupcakes. Each needs ₹6 of materials, and a banner costs ₹110 once. What total budget is needed (in ₹)?
  35. 35.Which of these is a running cost? (a) a cash box (b) a price board (c) card paper (d) a juicer
  36. 36.🔍 Which is the odd one out? (a) ice (b) a folding table (c) a juicer (d) a cloth banner
  37. 37.Which of these is a one-time cost? (a) a folding table (b) card paper (c) sugar (d) lemons
  38. 38.Aarav has a budget of ₹1000. The stock costs ₹240 and the stall fee is ₹800. Is the budget enough? (a) Yes (b) No
  39. 39.Tara has a budget of ₹500. The stock costs ₹70 and the stall fee is ₹470. Is the budget enough? (a) No (b) Yes
  40. 40.Ishaan has a budget of ₹300. The stock costs ₹80 and the stall fee is ₹270. Is the budget enough? (a) Yes (b) No

Answer key

  1. a cooler box
  2. a folding table
  3. 25
  4. a one-time cost
  5. True
  6. 15
  7. 270
  8. lemons
  9. a cooler box
  10. a one-time cost
  11. 68
  12. False
  13. 92
  14. 170
  15. False
  16. Yes
  17. a juicer
  18. a price board
  19. a cash box
  20. 240
  21. a cash box
  22. tea leaves and milk
  23. False
  24. 373
  25. paper cups
  26. ice
  27. False
  28. 80
  29. 280
  30. 504
  31. No
  32. 220
  33. a running cost
  34. 356
  35. card paper
  36. ice
  37. a folding table
  38. No
  39. No
  40. No

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