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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 218 · 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 is the odd one out? (a) seeds and soil (b) a cooler box (c) a folding table (d) a cash box
  2. 2.Which of these is a running cost? (a) a cloth banner (b) a price board (c) paper cups (d) a folding table
  3. 3.🔍 Which is the odd one out? (a) card paper (b) paper cups (c) sugar (d) a cooler box
  4. 4.Diya plans to make 22 jute bags. Each needs ₹9 of materials, and a banner costs ₹120 once. What total budget is needed (in ₹)?
  5. 5.Which of these is a running cost? (a) a cooler box (b) lemons (c) a cloth banner (d) a price board
  6. 6.Nisha plans to make 21 clay diyas. Each needs ₹9 of materials, and a banner costs ₹130 once. What total budget is needed (in ₹)?
  7. 7.Ananya’s stall budget is ₹480. Card paper cost ₹90, sugar cost ₹220 and pots cost ₹50. How many rupees of the budget are left?
  8. 8.True or false: “seeds and soil” is a one-time cost. (a) False (b) True
  9. 9.🔍 Which is the odd one out? (a) a cloth banner (b) card paper (c) a price board (d) a cash box
  10. 10.Lakshmi’s stall budget is ₹560. Paper cups cost ₹30, a banner cost ₹300 and ribbon cost ₹150. How many rupees of the budget are left?
  11. 11.Ananya has a budget of ₹400. The stock costs ₹130 and the stall fee is ₹240. Is the budget enough? (a) No (b) Yes
  12. 12.🔍 Which is the odd one out? (a) a cooler box (b) paper cups (c) a folding table (d) a juicer
  13. 13.Which of these is a running cost? (a) a juicer (b) a cooler box (c) sugar (d) a folding table
  14. 14.Arjun’s stall budget is ₹600. A price board cost ₹280, ribbon cost ₹80 and seeds cost ₹40. How many rupees of the budget are left?
  15. 15.Which of these is a one-time cost? (a) a cash box (b) card paper (c) ice (d) lemons
  16. 16.Vihaan has ₹120 to spend on lemons. One lemon costs ₹10. What is the greatest number of lemons Vihaan can buy?
  17. 17.📒 One-time cost or running cost: paper cups? (a) a one-time cost (b) a running cost
  18. 18.🔍 Which is the odd one out? (a) a cooler box (b) a price board (c) lemons (d) a cloth banner
  19. 19.Farhan plans to make 14 jute bags. Each needs ₹6 of materials, and a banner costs ₹230 once. What total budget is needed (in ₹)?
  20. 20.Ishaan’s stall budget is ₹620. A price board cost ₹220, ribbon cost ₹100 and a banner cost ₹140. How many rupees of the budget are left?
  21. 21.Ananya has ₹180 to spend on sheets of card paper. One sheet of card paper costs ₹12. What is the greatest number of sheets of card paper Ananya can buy?
  22. 22.Farhan has ₹410 to spend on sheets of card paper. One sheet of card paper costs ₹8. What is the greatest number of sheets of card paper Farhan can buy?
  23. 23.Which of these is a one-time cost? (a) ice (b) lemons (c) a juicer (d) card paper
  24. 24.🔍 Which is the odd one out? (a) sugar (b) a cooler box (c) a juicer (d) a cash box
  25. 25.📒 One-time cost or running cost: card paper? (a) a running cost (b) a one-time cost
  26. 26.🔍 Which is the odd one out? (a) a folding table (b) tea leaves and milk (c) sugar (d) paper cups
  27. 27.🔍 Which is the odd one out? (a) lemons (b) tea leaves and milk (c) card paper (d) a cash box
  28. 28.True or false: “seeds and soil” is a running cost. (a) True (b) False
  29. 29.Tara has a budget of ₹700. The stock costs ₹340 and the stall fee is ₹360. Is the budget enough? (a) No (b) Yes
  30. 30.Which of these is a one-time cost? (a) sugar (b) tea leaves and milk (c) paper cups (d) a price board
  31. 31.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  32. 32.Saanvi has ₹230 to spend on packets of seeds. One packet of seeds costs ₹20. What is the greatest number of packets of seeds Saanvi can buy?
  33. 33.🔍 Which is the odd one out? (a) tea leaves and milk (b) lemons (c) ice (d) a price board
  34. 34.Which of these is a one-time cost? (a) sugar (b) tea leaves and milk (c) a folding table (d) ice
  35. 35.True or false: “lemons” is a running cost. (a) False (b) True
  36. 36.Which of these is a running cost? (a) a cloth banner (b) a juicer (c) seeds and soil (d) a price board
  37. 37.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost
  38. 38.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
  39. 39.Kavya’s stall budget is ₹470. A banner cost ₹140, paper cups cost ₹70 and lemons cost ₹150. How many rupees of the budget are left?
  40. 40.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost

Answer key

  1. seeds and soil
  2. paper cups
  3. a cooler box
  4. 318
  5. lemons
  6. 319
  7. 120
  8. False
  9. card paper
  10. 80
  11. Yes
  12. paper cups
  13. sugar
  14. 200
  15. a cash box
  16. 12
  17. a running cost
  18. lemons
  19. 314
  20. 160
  21. 15
  22. 51
  23. a juicer
  24. sugar
  25. a running cost
  26. a folding table
  27. a cash box
  28. True
  29. Yes
  30. a price board
  31. a one-time cost
  32. 11
  33. a price board
  34. a folding table
  35. True
  36. seeds and soil
  37. a one-time cost
  38. a one-time cost
  39. 110
  40. a one-time cost

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