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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 192 · 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.Farhan has a budget of ₹700. The stock costs ₹330 and the stall fee is ₹330. Is the budget enough? (a) Yes (b) No
  2. 2.Which of these is a one-time cost? (a) sugar (b) seeds and soil (c) lemons (d) a cloth banner
  3. 3.Kabir plans to make 14 clay diyas. Each needs ₹4 of materials, and a banner costs ₹280 once. What total budget is needed (in ₹)?
  4. 4.Farhan plans to make 20 cupcakes. Each needs ₹5 of materials, and a banner costs ₹150 once. What total budget is needed (in ₹)?
  5. 5.🔍 Which is the odd one out? (a) a cloth banner (b) lemons (c) tea leaves and milk (d) sugar
  6. 6.Nisha’s stall budget is ₹760. Seeds cost ₹290, pots cost ₹210 and ribbon cost ₹210. How many rupees of the budget are left?
  7. 7.True or false: “card paper” is a one-time cost. (a) False (b) True
  8. 8.📒 One-time cost or running cost: a cloth banner? (a) a one-time cost (b) a running cost
  9. 9.Kabir has ₹130 to spend on packets of seeds. One packet of seeds costs ₹5. What is the greatest number of packets of seeds Kabir can buy?
  10. 10.🔍 Which is the odd one out? (a) a price board (b) lemons (c) a juicer (d) a cloth banner
  11. 11.Meera has a budget of ₹300. The stock costs ₹120 and the stall fee is ₹170. Is the budget enough? (a) No (b) Yes
  12. 12.Riya plans to make 28 handmade cards. Each needs ₹3 of materials, and a banner costs ₹250 once. What total budget is needed (in ₹)?
  13. 13.Saanvi has ₹200 to spend on packets of seeds. One packet of seeds costs ₹4. What is the greatest number of packets of seeds Saanvi can buy?
  14. 14.Diya has a budget of ₹500. The stock costs ₹220 and the stall fee is ₹310. Is the budget enough? (a) Yes (b) No
  15. 15.Dev has ₹350 to spend on packets of seeds. One packet of seeds costs ₹4. What is the greatest number of packets of seeds Dev can buy?
  16. 16.Riya plans to make 45 bags of popcorn. Each needs ₹6 of materials, and a banner costs ₹80 once. What total budget is needed (in ₹)?
  17. 17.True or false: “lemons” is a running cost. (a) False (b) True
  18. 18.🔍 Which is the odd one out? (a) seeds and soil (b) paper cups (c) card paper (d) a cash box
  19. 19.🔍 Which is the odd one out? (a) a price board (b) a cash box (c) a folding table (d) ice
  20. 20.Ananya’s stall budget is ₹700. Ribbon cost ₹170, napkins cost ₹190 and card paper cost ₹260. How many rupees of the budget are left?
  21. 21.Which of these is a running cost? (a) a folding table (b) a cloth banner (c) seeds and soil (d) a price board
  22. 22.🔍 Which is the odd one out? (a) paper cups (b) tea leaves and milk (c) a folding table (d) sugar
  23. 23.Meera has a budget of ₹900. The stock costs ₹60 and the stall fee is ₹890. Is the budget enough? (a) Yes (b) No
  24. 24.Farhan plans to make 11 clay diyas. Each needs ₹3 of materials, and a banner costs ₹110 once. What total budget is needed (in ₹)?
  25. 25.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  26. 26.Which of these is a running cost? (a) a juicer (b) a cloth banner (c) lemons (d) a folding table
  27. 27.Diya has a budget of ₹300. The stock costs ₹80 and the stall fee is ₹270. Is the budget enough? (a) No (b) Yes
  28. 28.Farhan plans to make 46 painted pebbles. Each needs ₹4 of materials, and a banner costs ₹280 once. What total budget is needed (in ₹)?
  29. 29.True or false: “sugar” is a one-time cost. (a) True (b) False
  30. 30.📒 One-time cost or running cost: a cooler box? (a) a one-time cost (b) a running cost
  31. 31.Rohan has a budget of ₹300. The stock costs ₹100 and the stall fee is ₹230. Is the budget enough? (a) Yes (b) No
  32. 32.📒 One-time cost or running cost: sugar? (a) a one-time cost (b) a running cost
  33. 33.Which of these is a one-time cost? (a) sugar (b) card paper (c) a juicer (d) lemons
  34. 34.🔍 Which is the odd one out? (a) tea leaves and milk (b) paper cups (c) a juicer (d) sugar
  35. 35.Which of these is a one-time cost? (a) a cooler box (b) sugar (c) ice (d) seeds and soil
  36. 36.True or false: “a cash box” is a running cost. (a) False (b) True
  37. 37.🔍 Which is the odd one out? (a) a cloth banner (b) paper cups (c) a cooler box (d) a folding table
  38. 38.📒 One-time cost or running cost: paper cups? (a) a one-time cost (b) a running cost
  39. 39.Joseph has ₹370 to spend on sheets of card paper. One sheet of card paper costs ₹5. What is the greatest number of sheets of card paper Joseph can buy?
  40. 40.Which of these is a running cost? (a) a cooler box (b) sugar (c) a cash box (d) a juicer

Answer key

  1. Yes
  2. a cloth banner
  3. 336
  4. 250
  5. a cloth banner
  6. 50
  7. False
  8. a one-time cost
  9. 26
  10. lemons
  11. Yes
  12. 334
  13. 50
  14. No
  15. 87
  16. 350
  17. True
  18. a cash box
  19. ice
  20. 80
  21. seeds and soil
  22. a folding table
  23. No
  24. 143
  25. a one-time cost
  26. lemons
  27. No
  28. 464
  29. False
  30. a one-time cost
  31. No
  32. a running cost
  33. a juicer
  34. a juicer
  35. a cooler box
  36. False
  37. paper cups
  38. a running cost
  39. 74
  40. sugar

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