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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 101 · 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 of these is a one-time cost? (a) a cloth banner (b) lemons (c) paper cups (d) tea leaves and milk
  2. 2.True or false: “a cash box” is a running cost. (a) True (b) False
  3. 3.True or false: “lemons” is a running cost. (a) True (b) False
  4. 4.Aarav has ₹90 to spend on packets of seeds. One packet of seeds costs ₹5. What is the greatest number of packets of seeds Aarav can buy?
  5. 5.Gurpreet plans to make 16 painted pebbles. Each needs ₹6 of materials, and a banner costs ₹170 once. What total budget is needed (in ₹)?
  6. 6.🔍 Which is the odd one out? (a) a juicer (b) lemons (c) a cooler box (d) a price board
  7. 7.Nisha has a budget of ₹600. The stock costs ₹270 and the stall fee is ₹300. Is the budget enough? (a) Yes (b) No
  8. 8.📒 One-time cost or running cost: a cooler box? (a) a one-time cost (b) a running cost
  9. 9.Diya’s stall budget is ₹540. Paper cups cost ₹160, ribbon cost ₹210 and a banner cost ₹80. How many rupees of the budget are left?
  10. 10.Diya has a budget of ₹400. The stock costs ₹190 and the stall fee is ₹180. Is the budget enough? (a) No (b) Yes
  11. 11.Diya plans to make 15 paper bookmarks. Each needs ₹9 of materials, and a banner costs ₹80 once. What total budget is needed (in ₹)?
  12. 12.Ishaan’s stall budget is ₹490. A banner cost ₹230, a price board cost ₹140 and paper cups cost ₹30. How many rupees of the budget are left?
  13. 13.Nisha’s stall budget is ₹400. A price board cost ₹90, pots cost ₹220 and napkins cost ₹50. How many rupees of the budget are left?
  14. 14.True or false: “sugar” is a running cost. (a) False (b) True
  15. 15.🔍 Which is the odd one out? (a) seeds and soil (b) paper cups (c) card paper (d) a folding table
  16. 16.🔍 Which is the odd one out? (a) seeds and soil (b) sugar (c) a juicer (d) tea leaves and milk
  17. 17.Which of these is a one-time cost? (a) paper cups (b) card paper (c) ice (d) a cooler box
  18. 18.True or false: “card paper” is a running cost. (a) True (b) False
  19. 19.🔍 Which is the odd one out? (a) card paper (b) a price board (c) sugar (d) ice
  20. 20.Which of these is a running cost? (a) a folding table (b) a price board (c) a cloth banner (d) lemons
  21. 21.True or false: “a juicer” is a one-time cost. (a) True (b) False
  22. 22.Meera’s stall budget is ₹570. Card paper cost ₹120, a price board cost ₹270 and lemons cost ₹110. How many rupees of the budget are left?
  23. 23.🔍 Which is the odd one out? (a) lemons (b) seeds and soil (c) card paper (d) a cash box
  24. 24.Riya plans to make 40 fruit cups. Each needs ₹10 of materials, and a banner costs ₹220 once. What total budget is needed (in ₹)?
  25. 25.📒 One-time cost or running cost: sugar? (a) a one-time cost (b) a running cost
  26. 26.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
  27. 27.Kavya’s stall budget is ₹470. Card paper cost ₹30, ribbon cost ₹140 and seeds cost ₹230. How many rupees of the budget are left?
  28. 28.True or false: “a cash box” is a one-time cost. (a) True (b) False
  29. 29.Which of these is a one-time cost? (a) sugar (b) paper cups (c) card paper (d) a price board
  30. 30.🔍 Which is the odd one out? (a) seeds and soil (b) a cooler box (c) a folding table (d) a cloth banner
  31. 31.Kavya plans to make 32 potted plants. Each needs ₹2 of materials, and a banner costs ₹150 once. What total budget is needed (in ₹)?
  32. 32.🔍 Which is the odd one out? (a) lemons (b) tea leaves and milk (c) sugar (d) a cloth banner
  33. 33.📒 One-time cost or running cost: card paper? (a) a running cost (b) a one-time cost
  34. 34.Dev’s stall budget is ₹530. Lemons cost ₹150, paper cups cost ₹180 and napkins cost ₹130. How many rupees of the budget are left?
  35. 35.Nisha’s stall budget is ₹800. A banner cost ₹190, paper cups cost ₹80 and ribbon cost ₹250. How many rupees of the budget are left?
  36. 36.Kabir’s stall budget is ₹530. Pots cost ₹160, paper cups cost ₹200 and sugar cost ₹120. How many rupees of the budget are left?
  37. 37.True or false: “a cooler box” is a running cost. (a) True (b) False
  38. 38.Aarav has ₹270 to spend on sheets of card paper. One sheet of card paper costs ₹6. What is the greatest number of sheets of card paper Aarav can buy?
  39. 39.Ananya has ₹300 to spend on packets of seeds. One packet of seeds costs ₹4. What is the greatest number of packets of seeds Ananya can buy?
  40. 40.📒 One-time cost or running cost: a cloth banner? (a) a one-time cost (b) a running cost

Answer key

  1. a cloth banner
  2. False
  3. True
  4. 18
  5. 266
  6. lemons
  7. Yes
  8. a one-time cost
  9. 90
  10. Yes
  11. 215
  12. 90
  13. 40
  14. True
  15. a folding table
  16. a juicer
  17. a cooler box
  18. True
  19. a price board
  20. lemons
  21. True
  22. 70
  23. a cash box
  24. 620
  25. a running cost
  26. a running cost
  27. 70
  28. True
  29. a price board
  30. seeds and soil
  31. 214
  32. a cloth banner
  33. a running cost
  34. 70
  35. 280
  36. 50
  37. False
  38. 45
  39. 75
  40. a one-time cost

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