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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 216 · 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.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  2. 2.Rohan has ₹490 to spend on packets of seeds. One packet of seeds costs ₹5. What is the greatest number of packets of seeds Rohan can buy?
  3. 3.Aarav plans to make 48 paper bookmarks. Each needs ₹3 of materials, and a banner costs ₹90 once. What total budget is needed (in ₹)?
  4. 4.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
  5. 5.Rohan’s stall budget is ₹450. Paper cups cost ₹230, a price board cost ₹30 and seeds cost ₹130. How many rupees of the budget are left?
  6. 6.🔍 Which is the odd one out? (a) a price board (b) a juicer (c) a cloth banner (d) card paper
  7. 7.Which of these is a one-time cost? (a) a price board (b) paper cups (c) ice (d) sugar
  8. 8.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost
  9. 9.Which of these is a one-time cost? (a) a cooler box (b) sugar (c) lemons (d) paper cups
  10. 10.True or false: “card paper” is a running cost. (a) True (b) False
  11. 11.🔍 Which is the odd one out? (a) paper cups (b) sugar (c) a cloth banner (d) lemons
  12. 12.True or false: “a cloth banner” is a one-time cost. (a) False (b) True
  13. 13.Ananya has ₹420 to spend on rolls of ribbon. One roll of ribbon costs ₹20. What is the greatest number of rolls of ribbon Ananya can buy?
  14. 14.🔍 Which is the odd one out? (a) a cloth banner (b) a cash box (c) paper cups (d) a price board
  15. 15.📒 One-time cost or running cost: lemons? (a) a running cost (b) a one-time cost
  16. 16.Meera plans to make 31 jute bags. Each needs ₹9 of materials, and a banner costs ₹300 once. What total budget is needed (in ₹)?
  17. 17.Which of these is a running cost? (a) paper cups (b) a cloth banner (c) a juicer (d) a cash box
  18. 18.🔍 Which is the odd one out? (a) a cloth banner (b) sugar (c) a juicer (d) a folding table
  19. 19.Arjun has ₹490 to spend on packets of seeds. One packet of seeds costs ₹20. What is the greatest number of packets of seeds Arjun can buy?
  20. 20.Meera has ₹220 to spend on sheets of card paper. One sheet of card paper costs ₹6. What is the greatest number of sheets of card paper Meera can buy?
  21. 21.Which of these is a running cost? (a) a price board (b) a juicer (c) lemons (d) a cash box
  22. 22.📒 One-time cost or running cost: card paper? (a) a one-time cost (b) a running cost
  23. 23.🔍 Which is the odd one out? (a) sugar (b) lemons (c) seeds and soil (d) a cash box
  24. 24.True or false: “a price board” is a running cost. (a) False (b) True
  25. 25.Vihaan’s stall budget is ₹590. Lemons cost ₹80, paper cups cost ₹130 and sugar cost ₹100. How many rupees of the budget are left?
  26. 26.True or false: “a cash box” is a running cost. (a) True (b) False
  27. 27.Which of these is a running cost? (a) a folding table (b) a juicer (c) sugar (d) a cash box
  28. 28.Gurpreet plans to make 40 glasses of chai. Each needs ₹7 of materials, and a banner costs ₹240 once. What total budget is needed (in ₹)?
  29. 29.True or false: “ice” is a one-time cost. (a) False (b) True
  30. 30.Aarav has a budget of ₹900. The stock costs ₹330 and the stall fee is ₹560. Is the budget enough? (a) No (b) Yes
  31. 31.Lakshmi plans to make 32 cupcakes. Each needs ₹4 of materials, and a banner costs ₹120 once. What total budget is needed (in ₹)?
  32. 32.True or false: “lemons” is a one-time cost. (a) True (b) False
  33. 33.Riya has a budget of ₹600. The stock costs ₹240 and the stall fee is ₹340. Is the budget enough? (a) No (b) Yes
  34. 34.Riya has ₹480 to spend on sheets of card paper. One sheet of card paper costs ₹8. What is the greatest number of sheets of card paper Riya can buy?
  35. 35.True or false: “lemons” is a running cost. (a) True (b) False
  36. 36.Kabir’s stall budget is ₹530. A price board cost ₹40, napkins cost ₹20 and paper cups cost ₹280. How many rupees of the budget are left?
  37. 37.Ishaan plans to make 48 friendship bands. Each needs ₹9 of materials, and a banner costs ₹140 once. What total budget is needed (in ₹)?
  38. 38.Meera plans to make 20 paper bookmarks. Each needs ₹2 of materials, and a banner costs ₹140 once. What total budget is needed (in ₹)?
  39. 39.Dev has a budget of ₹500. The stock costs ₹130 and the stall fee is ₹420. Is the budget enough? (a) Yes (b) No
  40. 40.Ishaan has a budget of ₹700. The stock costs ₹270 and the stall fee is ₹470. Is the budget enough? (a) No (b) Yes

Answer key

  1. a one-time cost
  2. 98
  3. 234
  4. a running cost
  5. 60
  6. card paper
  7. a price board
  8. a one-time cost
  9. a cooler box
  10. True
  11. a cloth banner
  12. True
  13. 21
  14. paper cups
  15. a running cost
  16. 579
  17. paper cups
  18. sugar
  19. 24
  20. 36
  21. lemons
  22. a running cost
  23. a cash box
  24. False
  25. 280
  26. False
  27. sugar
  28. 520
  29. False
  30. Yes
  31. 248
  32. False
  33. Yes
  34. 60
  35. True
  36. 190
  37. 572
  38. 180
  39. No
  40. No

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