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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 224 · 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.Kabir plans to make 24 painted pebbles. Each needs ₹7 of materials, and a banner costs ₹140 once. What total budget is needed (in ₹)?
  2. 2.Which of these is a running cost? (a) a juicer (b) a cash box (c) sugar (d) a cooler box
  3. 3.Rohan has ₹190 to spend on packets of seeds. One packet of seeds costs ₹8. What is the greatest number of packets of seeds Rohan can buy?
  4. 4.📒 One-time cost or running cost: paper cups? (a) a one-time cost (b) a running cost
  5. 5.🔍 Which is the odd one out? (a) a price board (b) seeds and soil (c) lemons (d) ice
  6. 6.Dev has a budget of ₹500. The stock costs ₹140 and the stall fee is ₹310. Is the budget enough? (a) Yes (b) No
  7. 7.True or false: “a juicer” is a one-time cost. (a) True (b) False
  8. 8.📒 One-time cost or running cost: seeds and soil? (a) a running cost (b) a one-time cost
  9. 9.📒 One-time cost or running cost: ice? (a) a one-time cost (b) a running cost
  10. 10.Which of these is a one-time cost? (a) paper cups (b) lemons (c) ice (d) a price board
  11. 11.Kabir’s stall budget is ₹430. Pots cost ₹20, a price board cost ₹290 and a banner cost ₹110. How many rupees of the budget are left?
  12. 12.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  13. 13.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  14. 14.Rohan plans to make 33 cupcakes. Each needs ₹6 of materials, and a banner costs ₹150 once. What total budget is needed (in ₹)?
  15. 15.Riya has ₹470 to spend on packs of cups. One pack of cups costs ₹5. What is the greatest number of packs of cups Riya can buy?
  16. 16.True or false: “sugar” is a one-time cost. (a) False (b) True
  17. 17.Which of these is a one-time cost? (a) lemons (b) tea leaves and milk (c) card paper (d) a juicer
  18. 18.Ananya has a budget of ₹900. The stock costs ₹50 and the stall fee is ₹810. Is the budget enough? (a) Yes (b) No
  19. 19.🔍 Which is the odd one out? (a) paper cups (b) a cloth banner (c) lemons (d) ice
  20. 20.Gurpreet has a budget of ₹800. The stock costs ₹380 and the stall fee is ₹390. Is the budget enough? (a) Yes (b) No
  21. 21.Kabir has ₹300 to spend on lemons. One lemon costs ₹8. What is the greatest number of lemons Kabir can buy?
  22. 22.True or false: “a cloth banner” is a one-time cost. (a) True (b) False
  23. 23.True or false: “ice” is a one-time cost. (a) False (b) True
  24. 24.Nisha plans to make 12 friendship bands. Each needs ₹7 of materials, and a banner costs ₹90 once. What total budget is needed (in ₹)?
  25. 25.Ishaan plans to make 46 cups of lemonade. Each needs ₹8 of materials, and a banner costs ₹200 once. What total budget is needed (in ₹)?
  26. 26.True or false: “seeds and soil” is a one-time cost. (a) True (b) False
  27. 27.📒 One-time cost or running cost: a cooler box? (a) a one-time cost (b) a running cost
  28. 28.Kavya has ₹430 to spend on sheets of card paper. One sheet of card paper costs ₹12. What is the greatest number of sheets of card paper Kavya can buy?
  29. 29.True or false: “seeds and soil” is a running cost. (a) False (b) True
  30. 30.📒 One-time cost or running cost: card paper? (a) a one-time cost (b) a running cost
  31. 31.True or false: “lemons” is a one-time cost. (a) True (b) False
  32. 32.Ishaan has ₹120 to spend on packs of cups. One pack of cups costs ₹6. What is the greatest number of packs of cups Ishaan can buy?
  33. 33.Meera plans to make 38 clay diyas. Each needs ₹9 of materials, and a banner costs ₹210 once. What total budget is needed (in ₹)?
  34. 34.Joseph’s stall budget is ₹580. Napkins cost ₹140, sugar cost ₹170 and lemons cost ₹130. How many rupees of the budget are left?
  35. 35.Zoya has a budget of ₹700. The stock costs ₹150 and the stall fee is ₹590. Is the budget enough? (a) No (b) Yes
  36. 36.True or false: “lemons” is a running cost. (a) False (b) True
  37. 37.True or false: “a price board” is a running cost. (a) True (b) False
  38. 38.True or false: “a juicer” is a running cost. (a) True (b) False
  39. 39.Which of these is a running cost? (a) a cash box (b) lemons (c) a folding table (d) a price board
  40. 40.Arjun has a budget of ₹800. The stock costs ₹270 and the stall fee is ₹530. Is the budget enough? (a) No (b) Yes

Answer key

  1. 308
  2. sugar
  3. 23
  4. a running cost
  5. a price board
  6. Yes
  7. True
  8. a running cost
  9. a running cost
  10. a price board
  11. 10
  12. a one-time cost
  13. a one-time cost
  14. 348
  15. 94
  16. False
  17. a juicer
  18. Yes
  19. a cloth banner
  20. Yes
  21. 37
  22. True
  23. False
  24. 174
  25. 568
  26. False
  27. a one-time cost
  28. 35
  29. True
  30. a running cost
  31. False
  32. 20
  33. 552
  34. 140
  35. No
  36. True
  37. False
  38. False
  39. lemons
  40. Yes

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