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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 106 · 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 running cost? (a) a price board (b) a folding table (c) a cloth banner (d) ice
  2. 2.True or false: “ice” is a running cost. (a) False (b) True
  3. 3.Rohan plans to make 39 potted plants. Each needs ₹3 of materials, and a banner costs ₹180 once. What total budget is needed (in ₹)?
  4. 4.Which of these is a one-time cost? (a) tea leaves and milk (b) sugar (c) a cooler box (d) ice
  5. 5.🔍 Which is the odd one out? (a) sugar (b) a folding table (c) a cash box (d) a price board
  6. 6.Dev has a budget of ₹900. The stock costs ₹80 and the stall fee is ₹810. Is the budget enough? (a) No (b) Yes
  7. 7.Aarav has ₹360 to spend on rolls of ribbon. One roll of ribbon costs ₹12. What is the greatest number of rolls of ribbon Aarav can buy?
  8. 8.Aarav’s stall budget is ₹330. Paper cups cost ₹40, lemons cost ₹70 and seeds cost ₹150. How many rupees of the budget are left?
  9. 9.📒 One-time cost or running cost: a price board? (a) a one-time cost (b) a running cost
  10. 10.📒 One-time cost or running cost: lemons? (a) a one-time cost (b) a running cost
  11. 11.True or false: “paper cups” is a running cost. (a) False (b) True
  12. 12.Which of these is a one-time cost? (a) sugar (b) paper cups (c) seeds and soil (d) a price board
  13. 13.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost
  14. 14.Which of these is a running cost? (a) paper cups (b) a juicer (c) a folding table (d) a cooler box
  15. 15.True or false: “a cloth banner” is a running cost. (a) True (b) False
  16. 16.Zoya plans to make 17 clay diyas. Each needs ₹8 of materials, and a banner costs ₹60 once. What total budget is needed (in ₹)?
  17. 17.Vihaan has a budget of ₹800. The stock costs ₹110 and the stall fee is ₹660. Is the budget enough? (a) No (b) Yes
  18. 18.Ishaan plans to make 29 bags of popcorn. Each needs ₹8 of materials, and a banner costs ₹150 once. What total budget is needed (in ₹)?
  19. 19.Dev has a budget of ₹1000. The stock costs ₹380 and the stall fee is ₹640. Is the budget enough? (a) Yes (b) No
  20. 20.Which of these is a running cost? (a) a juicer (b) a price board (c) a folding table (d) seeds and soil
  21. 21.Saanvi plans to make 45 clay diyas. Each needs ₹4 of materials, and a banner costs ₹130 once. What total budget is needed (in ₹)?
  22. 22.Which of these is a one-time cost? (a) sugar (b) paper cups (c) seeds and soil (d) a juicer
  23. 23.Farhan has a budget of ₹900. The stock costs ₹180 and the stall fee is ₹690. Is the budget enough? (a) Yes (b) No
  24. 24.Which of these is a running cost? (a) a juicer (b) a cooler box (c) card paper (d) a cloth banner
  25. 25.Lakshmi plans to make 34 potted plants. Each needs ₹7 of materials, and a banner costs ₹260 once. What total budget is needed (in ₹)?
  26. 26.📒 One-time cost or running cost: seeds and soil? (a) a one-time cost (b) a running cost
  27. 27.📒 One-time cost or running cost: ice? (a) a one-time cost (b) a running cost
  28. 28.Farhan has ₹470 to spend on packets of seeds. One packet of seeds costs ₹6. What is the greatest number of packets of seeds Farhan can buy?
  29. 29.True or false: “tea leaves and milk” is a running cost. (a) False (b) True
  30. 30.Riya has ₹390 to spend on lemons. One lemon costs ₹6. What is the greatest number of lemons Riya can buy?
  31. 31.Kabir has a budget of ₹900. The stock costs ₹420 and the stall fee is ₹450. Is the budget enough? (a) Yes (b) No
  32. 32.True or false: “sugar” is a running cost. (a) False (b) True
  33. 33.🔍 Which is the odd one out? (a) a cash box (b) a price board (c) a cloth banner (d) card paper
  34. 34.Rohan has a budget of ₹500. The stock costs ₹180 and the stall fee is ₹320. Is the budget enough? (a) Yes (b) No
  35. 35.Which of these is a running cost? (a) a cloth banner (b) a cash box (c) lemons (d) a price board
  36. 36.Zoya’s stall budget is ₹460. Seeds cost ₹130, lemons cost ₹70 and a banner cost ₹200. How many rupees of the budget are left?
  37. 37.📒 One-time cost or running cost: a cooler box? (a) a one-time cost (b) a running cost
  38. 38.🔍 Which is the odd one out? (a) a cash box (b) a folding table (c) a cloth banner (d) seeds and soil
  39. 39.True or false: “a folding table” is a one-time cost. (a) True (b) False
  40. 40.Saanvi has ₹420 to spend on packets of seeds. One packet of seeds costs ₹6. What is the greatest number of packets of seeds Saanvi can buy?

Answer key

  1. ice
  2. True
  3. 297
  4. a cooler box
  5. sugar
  6. Yes
  7. 30
  8. 70
  9. a one-time cost
  10. a running cost
  11. True
  12. a price board
  13. a one-time cost
  14. paper cups
  15. False
  16. 196
  17. Yes
  18. 382
  19. No
  20. seeds and soil
  21. 310
  22. a juicer
  23. Yes
  24. card paper
  25. 498
  26. a running cost
  27. a running cost
  28. 78
  29. True
  30. 65
  31. Yes
  32. True
  33. card paper
  34. Yes
  35. lemons
  36. 60
  37. a one-time cost
  38. seeds and soil
  39. True
  40. 70

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