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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 290 · 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.True or false: “ice” is a one-time cost. (a) False (b) True
  2. 2.Riya plans to make 18 paper bookmarks. Each needs ₹5 of materials, and a banner costs ₹200 once. What total budget is needed (in ₹)?
  3. 3.True or false: “ice” is a running cost. (a) True (b) False
  4. 4.Dev plans to make 10 friendship bands. Each needs ₹2 of materials, and a banner costs ₹170 once. What total budget is needed (in ₹)?
  5. 5.True or false: “a folding table” is a one-time cost. (a) False (b) True
  6. 6.🔍 Which is the odd one out? (a) sugar (b) a cash box (c) seeds and soil (d) card paper
  7. 7.🔍 Which is the odd one out? (a) a cash box (b) a price board (c) paper cups (d) a cooler box
  8. 8.Rohan has a budget of ₹700. The stock costs ₹90 and the stall fee is ₹630. Is the budget enough? (a) Yes (b) No
  9. 9.🔍 Which is the odd one out? (a) a price board (b) a folding table (c) a cloth banner (d) ice
  10. 10.Aarav plans to make 16 clay diyas. Each needs ₹10 of materials, and a banner costs ₹260 once. What total budget is needed (in ₹)?
  11. 11.Which of these is a one-time cost? (a) tea leaves and milk (b) ice (c) a price board (d) sugar
  12. 12.🔍 Which is the odd one out? (a) a cooler box (b) lemons (c) card paper (d) tea leaves and milk
  13. 13.🔍 Which is the odd one out? (a) seeds and soil (b) a cloth banner (c) a cooler box (d) a price board
  14. 14.True or false: “a cooler box” is a running cost. (a) True (b) False
  15. 15.True or false: “card paper” is a running cost. (a) True (b) False
  16. 16.True or false: “a cash box” is a running cost. (a) True (b) False
  17. 17.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost
  18. 18.Which of these is a one-time cost? (a) card paper (b) a juicer (c) lemons (d) seeds and soil
  19. 19.Diya plans to make 38 fruit cups. Each needs ₹4 of materials, and a banner costs ₹100 once. What total budget is needed (in ₹)?
  20. 20.Diya’s stall budget is ₹890. A banner cost ₹250, card paper cost ₹100 and paper cups cost ₹250. How many rupees of the budget are left?
  21. 21.Meera has a budget of ₹400. The stock costs ₹150 and the stall fee is ₹220. Is the budget enough? (a) Yes (b) No
  22. 22.True or false: “a juicer” is a one-time cost. (a) True (b) False
  23. 23.Dev has a budget of ₹400. The stock costs ₹70 and the stall fee is ₹370. Is the budget enough? (a) No (b) Yes
  24. 24.🔍 Which is the odd one out? (a) paper cups (b) seeds and soil (c) sugar (d) a price board
  25. 25.True or false: “seeds and soil” is a one-time cost. (a) False (b) True
  26. 26.True or false: “a cloth banner” is a one-time cost. (a) True (b) False
  27. 27.True or false: “a cloth banner” is a running cost. (a) True (b) False
  28. 28.🔍 Which is the odd one out? (a) lemons (b) seeds and soil (c) a juicer (d) tea leaves and milk
  29. 29.Vihaan plans to make 21 painted pebbles. Each needs ₹2 of materials, and a banner costs ₹60 once. What total budget is needed (in ₹)?
  30. 30.Saanvi’s stall budget is ₹680. Card paper cost ₹130, lemons cost ₹180 and paper cups cost ₹70. How many rupees of the budget are left?
  31. 31.True or false: “a cash box” is a one-time cost. (a) False (b) True
  32. 32.📒 One-time cost or running cost: sugar? (a) a one-time cost (b) a running cost
  33. 33.Riya has a budget of ₹300. The stock costs ₹70 and the stall fee is ₹270. Is the budget enough? (a) Yes (b) No
  34. 34.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost
  35. 35.Which of these is a one-time cost? (a) paper cups (b) tea leaves and milk (c) a cash box (d) seeds and soil
  36. 36.📒 One-time cost or running cost: paper cups? (a) a running cost (b) a one-time cost
  37. 37.Lakshmi’s stall budget is ₹510. A banner cost ₹80, card paper cost ₹100 and a price board cost ₹90. How many rupees of the budget are left?
  38. 38.Diya has ₹440 to spend on sheets of card paper. One sheet of card paper costs ₹10. What is the greatest number of sheets of card paper Diya can buy?
  39. 39.Kabir has ₹280 to spend on packets of seeds. One packet of seeds costs ₹20. What is the greatest number of packets of seeds Kabir can buy?
  40. 40.Rohan’s stall budget is ₹660. Lemons cost ₹50, sugar cost ₹150 and napkins cost ₹270. How many rupees of the budget are left?

Answer key

  1. False
  2. 290
  3. True
  4. 190
  5. True
  6. a cash box
  7. paper cups
  8. No
  9. ice
  10. 420
  11. a price board
  12. a cooler box
  13. seeds and soil
  14. False
  15. True
  16. False
  17. a one-time cost
  18. a juicer
  19. 252
  20. 290
  21. Yes
  22. True
  23. No
  24. a price board
  25. False
  26. True
  27. False
  28. a juicer
  29. 102
  30. 300
  31. True
  32. a running cost
  33. No
  34. a one-time cost
  35. a cash box
  36. a running cost
  37. 240
  38. 44
  39. 14
  40. 190

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