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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 254 · 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 of these is a one-time cost? (a) a cooler box (b) sugar (c) seeds and soil (d) paper cups
  2. 2.Diya’s stall budget is ₹490. Paper cups cost ₹270, card paper cost ₹140 and a banner cost ₹30. How many rupees of the budget are left?
  3. 3.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost
  4. 4.Rohan plans to make 17 clay diyas. Each needs ₹9 of materials, and a banner costs ₹100 once. What total budget is needed (in ₹)?
  5. 5.🔍 Which is the odd one out? (a) a cooler box (b) seeds and soil (c) ice (d) sugar
  6. 6.Rohan plans to make 30 potted plants. Each needs ₹7 of materials, and a banner costs ₹150 once. What total budget is needed (in ₹)?
  7. 7.Kavya’s stall budget is ₹780. A price board cost ₹220, paper cups cost ₹160 and lemons cost ₹290. How many rupees of the budget are left?
  8. 8.Which of these is a one-time cost? (a) ice (b) sugar (c) a folding table (d) lemons
  9. 9.Which of these is a running cost? (a) a folding table (b) card paper (c) a cooler box (d) a juicer
  10. 10.🔍 Which is the odd one out? (a) tea leaves and milk (b) card paper (c) seeds and soil (d) a price board
  11. 11.Kabir plans to make 26 cups of lemonade. Each needs ₹10 of materials, and a banner costs ₹110 once. What total budget is needed (in ₹)?
  12. 12.True or false: “a folding table” is a running cost. (a) False (b) True
  13. 13.📒 One-time cost or running cost: sugar? (a) a one-time cost (b) a running cost
  14. 14.Ishaan has a budget of ₹600. The stock costs ₹260 and the stall fee is ₹370. Is the budget enough? (a) No (b) Yes
  15. 15.Vihaan plans to make 27 painted pebbles. Each needs ₹7 of materials, and a banner costs ₹250 once. What total budget is needed (in ₹)?
  16. 16.Kabir plans to make 16 handmade cards. Each needs ₹8 of materials, and a banner costs ₹110 once. What total budget is needed (in ₹)?
  17. 17.Ananya has ₹140 to spend on lemons. One lemon costs ₹12. What is the greatest number of lemons Ananya can buy?
  18. 18.Diya has ₹490 to spend on sheets of card paper. One sheet of card paper costs ₹12. What is the greatest number of sheets of card paper Diya can buy?
  19. 19.Lakshmi’s stall budget is ₹410. Ribbon cost ₹260, paper cups cost ₹110 and napkins cost ₹20. How many rupees of the budget are left?
  20. 20.Nisha has a budget of ₹800. The stock costs ₹290 and the stall fee is ₹500. Is the budget enough? (a) No (b) Yes
  21. 21.Which of these is a one-time cost? (a) a cloth banner (b) paper cups (c) seeds and soil (d) sugar
  22. 22.Aarav has a budget of ₹400. The stock costs ₹130 and the stall fee is ₹220. Is the budget enough? (a) Yes (b) No
  23. 23.🔍 Which is the odd one out? (a) a price board (b) tea leaves and milk (c) a cloth banner (d) a juicer
  24. 24.📒 One-time cost or running cost: a cash box? (a) a one-time cost (b) a running cost
  25. 25.Which of these is a running cost? (a) seeds and soil (b) a price board (c) a juicer (d) a cash box
  26. 26.True or false: “seeds and soil” is a one-time cost. (a) False (b) True
  27. 27.Arjun has a budget of ₹700. The stock costs ₹290 and the stall fee is ₹410. Is the budget enough? (a) No (b) Yes
  28. 28.📒 One-time cost or running cost: a cloth banner? (a) a one-time cost (b) a running cost
  29. 29.Kabir has ₹50 to spend on sheets of card paper. One sheet of card paper costs ₹6. What is the greatest number of sheets of card paper Kabir can buy?
  30. 30.Ishaan’s stall budget is ₹450. Ribbon cost ₹20, lemons cost ₹110 and sugar cost ₹260. How many rupees of the budget are left?
  31. 31.Nisha has a budget of ₹700. The stock costs ₹330 and the stall fee is ₹320. Is the budget enough? (a) No (b) Yes
  32. 32.True or false: “seeds and soil” is a running cost. (a) True (b) False
  33. 33.🔍 Which is the odd one out? (a) a price board (b) a juicer (c) card paper (d) a cooler box
  34. 34.📒 One-time cost or running cost: seeds and soil? (a) a one-time cost (b) a running cost
  35. 35.Ishaan’s stall budget is ₹570. Lemons cost ₹160, paper cups cost ₹250 and sugar cost ₹90. How many rupees of the budget are left?
  36. 36.True or false: “sugar” is a running cost. (a) True (b) False
  37. 37.Rohan has ₹290 to spend on packs of cups. One pack of cups costs ₹4. What is the greatest number of packs of cups Rohan can buy?
  38. 38.📒 One-time cost or running cost: lemons? (a) a one-time cost (b) a running cost
  39. 39.Ananya has a budget of ₹900. The stock costs ₹190 and the stall fee is ₹660. Is the budget enough? (a) No (b) Yes
  40. 40.Which of these is a running cost? (a) a price board (b) lemons (c) a cash box (d) a cooler box

Answer key

  1. a cooler box
  2. 50
  3. a one-time cost
  4. 253
  5. a cooler box
  6. 360
  7. 110
  8. a folding table
  9. card paper
  10. a price board
  11. 370
  12. False
  13. a running cost
  14. No
  15. 439
  16. 238
  17. 11
  18. 40
  19. 20
  20. Yes
  21. a cloth banner
  22. Yes
  23. tea leaves and milk
  24. a one-time cost
  25. seeds and soil
  26. False
  27. Yes
  28. a one-time cost
  29. 8
  30. 60
  31. Yes
  32. True
  33. card paper
  34. a running cost
  35. 70
  36. True
  37. 72
  38. a running cost
  39. Yes
  40. lemons

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