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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 990 · 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 folding table (b) ice (c) a juicer (d) a cooler box
  2. 2.Joseph has ₹70 to spend on sheets of card paper. One sheet of card paper costs ₹15. What is the greatest number of sheets of card paper Joseph can buy?
  3. 3.🔍 Which is the odd one out? (a) a cloth banner (b) card paper (c) seeds and soil (d) paper cups
  4. 4.Joseph plans to make 29 friendship bands. Each needs ₹9 of materials, and a banner costs ₹300 once. What total budget is needed (in ₹)?
  5. 5.Ananya’s stall budget is ₹170. Sugar cost ₹20, card paper cost ₹40 and a price board cost ₹30. How many rupees of the budget are left?
  6. 6.Kavya has ₹60 to spend on packets of seeds. One packet of seeds costs ₹8. What is the greatest number of packets of seeds Kavya can buy?
  7. 7.True or false: “card paper” is a one-time cost. (a) True (b) False
  8. 8.Diya has a budget of ₹300. The stock costs ₹100 and the stall fee is ₹160. Is the budget enough? (a) Yes (b) No
  9. 9.Nisha has ₹200 to spend on packets of seeds. One packet of seeds costs ₹20. What is the greatest number of packets of seeds Nisha can buy?
  10. 10.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  11. 11.Rohan has ₹110 to spend on rolls of ribbon. One roll of ribbon costs ₹10. What is the greatest number of rolls of ribbon Rohan can buy?
  12. 12.Joseph has ₹410 to spend on lemons. One lemon costs ₹5. What is the greatest number of lemons Joseph can buy?
  13. 13.True or false: “tea leaves and milk” is a running cost. (a) False (b) True
  14. 14.Ananya plans to make 35 jute bags. Each needs ₹3 of materials, and a banner costs ₹110 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.📒 One-time cost or running cost: a price board? (a) a one-time cost (b) a running cost
  17. 17.🔍 Which is the odd one out? (a) paper cups (b) a cloth banner (c) a folding table (d) a price board
  18. 18.Ananya plans to make 31 paper bookmarks. Each needs ₹7 of materials, and a banner costs ₹280 once. What total budget is needed (in ₹)?
  19. 19.Meera has a budget of ₹1000. The stock costs ₹500 and the stall fee is ₹540. Is the budget enough? (a) No (b) Yes
  20. 20.🔍 Which is the odd one out? (a) a cash box (b) a cloth banner (c) lemons (d) a juicer
  21. 21.📒 One-time cost or running cost: a cooler box? (a) a one-time cost (b) a running cost
  22. 22.Which of these is a one-time cost? (a) ice (b) a folding table (c) card paper (d) sugar
  23. 23.True or false: “seeds and soil” is a running cost. (a) True (b) False
  24. 24.Gurpreet has ₹160 to spend on packs of cups. One pack of cups costs ₹8. What is the greatest number of packs of cups Gurpreet can buy?
  25. 25.Gurpreet has a budget of ₹600. The stock costs ₹140 and the stall fee is ₹410. Is the budget enough? (a) No (b) Yes
  26. 26.True or false: “a cash box” is a one-time cost. (a) True (b) False
  27. 27.True or false: “sugar” is a one-time cost. (a) True (b) False
  28. 28.Farhan’s stall budget is ₹700. A banner cost ₹70, napkins cost ₹90 and sugar cost ₹280. How many rupees of the budget are left?
  29. 29.Which of these is a one-time cost? (a) sugar (b) paper cups (c) a cooler box (d) tea leaves and milk
  30. 30.📒 One-time cost or running cost: ice? (a) a one-time cost (b) a running cost
  31. 31.🔍 Which is the odd one out? (a) a folding table (b) sugar (c) tea leaves and milk (d) ice
  32. 32.True or false: “a cash box” is a running cost. (a) True (b) False
  33. 33.Gurpreet has a budget of ₹500. The stock costs ₹50 and the stall fee is ₹410. Is the budget enough? (a) No (b) Yes
  34. 34.Farhan’s stall budget is ₹730. A banner cost ₹130, seeds cost ₹230 and pots cost ₹290. How many rupees of the budget are left?
  35. 35.Which of these is a one-time cost? (a) seeds and soil (b) a price board (c) tea leaves and milk (d) sugar
  36. 36.Ananya plans to make 24 cups of lemonade. Each needs ₹2 of materials, and a banner costs ₹160 once. What total budget is needed (in ₹)?
  37. 37.Joseph has ₹60 to spend on packets of seeds. One packet of seeds costs ₹8. What is the greatest number of packets of seeds Joseph can buy?
  38. 38.Ananya has a budget of ₹900. The stock costs ₹350 and the stall fee is ₹500. Is the budget enough? (a) No (b) Yes
  39. 39.Tara has a budget of ₹900. The stock costs ₹150 and the stall fee is ₹770. Is the budget enough? (a) No (b) Yes
  40. 40.Which of these is a one-time cost? (a) lemons (b) seeds and soil (c) ice (d) a cloth banner

Answer key

  1. ice
  2. 4
  3. a cloth banner
  4. 561
  5. 80
  6. 7
  7. False
  8. Yes
  9. 10
  10. a one-time cost
  11. 11
  12. 82
  13. True
  14. 215
  15. False
  16. a one-time cost
  17. paper cups
  18. 497
  19. No
  20. lemons
  21. a one-time cost
  22. a folding table
  23. True
  24. 20
  25. Yes
  26. True
  27. False
  28. 260
  29. a cooler box
  30. a running cost
  31. a folding table
  32. False
  33. Yes
  34. 80
  35. a price board
  36. 208
  37. 7
  38. Yes
  39. No
  40. a cloth banner

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