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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 141 · 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.True or false: “a cloth banner” is a running cost. (a) True (b) False
  2. 2.Which of these is a one-time cost? (a) paper cups (b) sugar (c) card paper (d) a cloth banner
  3. 3.Which of these is a one-time cost? (a) seeds and soil (b) a price board (c) lemons (d) paper cups
  4. 4.🔍 Which is the odd one out? (a) paper cups (b) lemons (c) a folding table (d) tea leaves and milk
  5. 5.Farhan has ₹500 to spend on packets of seeds. One packet of seeds costs ₹20. What is the greatest number of packets of seeds Farhan can buy?
  6. 6.True or false: “paper cups” is a one-time cost. (a) True (b) False
  7. 7.📒 One-time cost or running cost: tea leaves and milk? (a) a running cost (b) a one-time cost
  8. 8.Ananya has ₹370 to spend on rolls of ribbon. One roll of ribbon costs ₹4. What is the greatest number of rolls of ribbon Ananya can buy?
  9. 9.Which of these is a running cost? (a) paper cups (b) a juicer (c) a cash box (d) a folding table
  10. 10.Kabir’s stall budget is ₹600. A banner cost ₹270, lemons cost ₹40 and pots cost ₹20. How many rupees of the budget are left?
  11. 11.Diya has a budget of ₹1000. The stock costs ₹130 and the stall fee is ₹870. Is the budget enough? (a) Yes (b) No
  12. 12.Which of these is a one-time cost? (a) sugar (b) paper cups (c) card paper (d) a folding table
  13. 13.True or false: “a price board” is a one-time cost. (a) False (b) True
  14. 14.Gurpreet has a budget of ₹1000. The stock costs ₹290 and the stall fee is ₹740. Is the budget enough? (a) Yes (b) No
  15. 15.Rohan plans to make 25 potted plants. Each needs ₹4 of materials, and a banner costs ₹70 once. What total budget is needed (in ₹)?
  16. 16.Which of these is a one-time cost? (a) card paper (b) a cash box (c) seeds and soil (d) ice
  17. 17.Ananya plans to make 31 clay diyas. Each needs ₹4 of materials, and a banner costs ₹190 once. What total budget is needed (in ₹)?
  18. 18.Riya has ₹280 to spend on lemons. One lemon costs ₹5. What is the greatest number of lemons Riya can buy?
  19. 19.Diya’s stall budget is ₹590. Sugar cost ₹240, lemons cost ₹130 and card paper cost ₹170. How many rupees of the budget are left?
  20. 20.Zoya’s stall budget is ₹690. A banner cost ₹230, napkins cost ₹250 and seeds cost ₹50. How many rupees of the budget are left?
  21. 21.Lakshmi’s stall budget is ₹620. Paper cups cost ₹250, card paper cost ₹280 and seeds cost ₹50. How many rupees of the budget are left?
  22. 22.Rohan has a budget of ₹900. The stock costs ₹430 and the stall fee is ₹460. Is the budget enough? (a) No (b) Yes
  23. 23.True or false: “seeds and soil” is a running cost. (a) False (b) True
  24. 24.Dev plans to make 47 potted plants. Each needs ₹3 of materials, and a banner costs ₹170 once. What total budget is needed (in ₹)?
  25. 25.Vihaan has ₹110 to spend on sheets of card paper. One sheet of card paper costs ₹6. What is the greatest number of sheets of card paper Vihaan can buy?
  26. 26.Joseph has a budget of ₹600. The stock costs ₹90 and the stall fee is ₹480. Is the budget enough? (a) No (b) Yes
  27. 27.Riya has a budget of ₹600. The stock costs ₹230 and the stall fee is ₹340. Is the budget enough? (a) No (b) Yes
  28. 28.📒 One-time cost or running cost: a cooler box? (a) a one-time cost (b) a running cost
  29. 29.Gurpreet has ₹330 to spend on lemons. One lemon costs ₹20. What is the greatest number of lemons Gurpreet can buy?
  30. 30.🔍 Which is the odd one out? (a) a folding table (b) a cash box (c) paper cups (d) a cooler box
  31. 31.Ananya plans to make 40 friendship bands. Each needs ₹6 of materials, and a banner costs ₹140 once. What total budget is needed (in ₹)?
  32. 32.📒 One-time cost or running cost: sugar? (a) a running cost (b) a one-time cost
  33. 33.Kabir plans to make 16 handmade cards. Each needs ₹2 of materials, and a banner costs ₹80 once. What total budget is needed (in ₹)?
  34. 34.Kabir’s stall budget is ₹570. A price board cost ₹160, seeds cost ₹50 and a banner cost ₹250. How many rupees of the budget are left?
  35. 35.Saanvi has a budget of ₹1000. The stock costs ₹230 and the stall fee is ₹740. Is the budget enough? (a) No (b) Yes
  36. 36.🔍 Which is the odd one out? (a) a cloth banner (b) a cooler box (c) a juicer (d) ice
  37. 37.📒 One-time cost or running cost: a cloth banner? (a) a one-time cost (b) a running cost
  38. 38.Which of these is a running cost? (a) a folding table (b) a cloth banner (c) seeds and soil (d) a juicer
  39. 39.🔍 Which is the odd one out? (a) a cloth banner (b) a juicer (c) a folding table (d) tea leaves and milk
  40. 40.Ishaan plans to make 46 fruit cups. Each needs ₹7 of materials, and a banner costs ₹190 once. What total budget is needed (in ₹)?

Answer key

  1. False
  2. a cloth banner
  3. a price board
  4. a folding table
  5. 25
  6. False
  7. a running cost
  8. 92
  9. paper cups
  10. 270
  11. Yes
  12. a folding table
  13. True
  14. No
  15. 170
  16. a cash box
  17. 314
  18. 56
  19. 50
  20. 160
  21. 40
  22. Yes
  23. True
  24. 311
  25. 18
  26. Yes
  27. Yes
  28. a one-time cost
  29. 16
  30. paper cups
  31. 380
  32. a running cost
  33. 112
  34. 110
  35. Yes
  36. ice
  37. a one-time cost
  38. seeds and soil
  39. tea leaves and milk
  40. 512

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