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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 302 · 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.Ishaan has a budget of ₹300. The stock costs ₹90 and the stall fee is ₹200. Is the budget enough? (a) No (b) Yes
  3. 3.Which of these is a one-time cost? (a) sugar (b) seeds and soil (c) a price board (d) ice
  4. 4.Saanvi plans to make 18 handmade cards. Each needs ₹8 of materials, and a banner costs ₹110 once. What total budget is needed (in ₹)?
  5. 5.Which of these is a running cost? (a) a cooler box (b) a folding table (c) ice (d) a juicer
  6. 6.🔍 Which is the odd one out? (a) a cloth banner (b) lemons (c) a cooler box (d) a price board
  7. 7.Rohan has a budget of ₹400. The stock costs ₹60 and the stall fee is ₹310. Is the budget enough? (a) Yes (b) No
  8. 8.Ishaan has ₹60 to spend on packets of seeds. One packet of seeds costs ₹12. What is the greatest number of packets of seeds Ishaan can buy?
  9. 9.📒 One-time cost or running cost: paper cups? (a) a running cost (b) a one-time cost
  10. 10.🔍 Which is the odd one out? (a) a cooler box (b) tea leaves and milk (c) a price board (d) a juicer
  11. 11.Gurpreet has a budget of ₹1000. The stock costs ₹370 and the stall fee is ₹660. Is the budget enough? (a) Yes (b) No
  12. 12.🔍 Which is the odd one out? (a) sugar (b) a cloth banner (c) a cooler box (d) a folding table
  13. 13.Joseph has ₹160 to spend on rolls of ribbon. One roll of ribbon costs ₹4. What is the greatest number of rolls of ribbon Joseph can buy?
  14. 14.Riya’s stall budget is ₹600. Lemons cost ₹280, a banner cost ₹50 and ribbon cost ₹90. How many rupees of the budget are left?
  15. 15.Kabir has ₹180 to spend on rolls of ribbon. One roll of ribbon costs ₹5. What is the greatest number of rolls of ribbon Kabir can buy?
  16. 16.Saanvi has ₹80 to spend on lemons. One lemon costs ₹5. What is the greatest number of lemons Saanvi can buy?
  17. 17.Lakshmi plans to make 36 jute bags. Each needs ₹10 of materials, and a banner costs ₹180 once. What total budget is needed (in ₹)?
  18. 18.Tara has ₹160 to spend on packs of cups. One pack of cups costs ₹15. What is the greatest number of packs of cups Tara can buy?
  19. 19.Zoya plans to make 48 glasses of chai. Each needs ₹2 of materials, and a banner costs ₹90 once. What total budget is needed (in ₹)?
  20. 20.True or false: “seeds and soil” is a one-time cost. (a) False (b) True
  21. 21.🔍 Which is the odd one out? (a) a cooler box (b) ice (c) a price board (d) a cash box
  22. 22.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost
  23. 23.🔍 Which is the odd one out? (a) a folding table (b) card paper (c) a juicer (d) a cloth banner
  24. 24.Which of these is a one-time cost? (a) seeds and soil (b) sugar (c) a folding table (d) ice
  25. 25.Lakshmi has a budget of ₹600. The stock costs ₹80 and the stall fee is ₹490. Is the budget enough? (a) No (b) Yes
  26. 26.Diya plans to make 17 fruit cups. Each needs ₹7 of materials, and a banner costs ₹90 once. What total budget is needed (in ₹)?
  27. 27.True or false: “paper cups” is a one-time cost. (a) False (b) True
  28. 28.Arjun has a budget of ₹300. The stock costs ₹50 and the stall fee is ₹250. Is the budget enough? (a) Yes (b) No
  29. 29.🔍 Which is the odd one out? (a) a juicer (b) paper cups (c) lemons (d) card paper
  30. 30.Ananya plans to make 17 jute bags. Each needs ₹4 of materials, and a banner costs ₹190 once. What total budget is needed (in ₹)?
  31. 31.🔍 Which is the odd one out? (a) sugar (b) tea leaves and milk (c) a cooler box (d) paper cups
  32. 32.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
  33. 33.Which of these is a running cost? (a) a juicer (b) tea leaves and milk (c) a cooler box (d) a price board
  34. 34.True or false: “a folding table” is a one-time cost. (a) True (b) False
  35. 35.📒 One-time cost or running cost: lemons? (a) a one-time cost (b) a running cost
  36. 36.Which of these is a running cost? (a) a cooler box (b) a cash box (c) seeds and soil (d) a cloth banner
  37. 37.Which of these is a running cost? (a) lemons (b) a cash box (c) a cooler box (d) a cloth banner
  38. 38.🔍 Which is the odd one out? (a) seeds and soil (b) paper cups (c) tea leaves and milk (d) a cloth banner
  39. 39.🔍 Which is the odd one out? (a) sugar (b) paper cups (c) card paper (d) a cash box
  40. 40.📒 One-time cost or running cost: sugar? (a) a running cost (b) a one-time cost

Answer key

  1. a one-time cost
  2. Yes
  3. a price board
  4. 254
  5. ice
  6. lemons
  7. Yes
  8. 5
  9. a running cost
  10. tea leaves and milk
  11. No
  12. sugar
  13. 40
  14. 180
  15. 36
  16. 16
  17. 540
  18. 10
  19. 186
  20. False
  21. ice
  22. a one-time cost
  23. card paper
  24. a folding table
  25. Yes
  26. 209
  27. False
  28. Yes
  29. a juicer
  30. 258
  31. a cooler box
  32. a running cost
  33. tea leaves and milk
  34. True
  35. a running cost
  36. seeds and soil
  37. lemons
  38. a cloth banner
  39. a cash box
  40. a running cost

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