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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 304 · 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) a folding table (b) lemons (c) a juicer (d) a cloth banner
  2. 2.📒 One-time cost or running cost: a cash box? (a) a one-time cost (b) a running cost
  3. 3.Kabir plans to make 13 friendship bands. Each needs ₹5 of materials, and a banner costs ₹130 once. What total budget is needed (in ₹)?
  4. 4.True or false: “tea leaves and milk” is a one-time cost. (a) True (b) False
  5. 5.Which of these is a one-time cost? (a) ice (b) card paper (c) a price board (d) lemons
  6. 6.Which of these is a one-time cost? (a) tea leaves and milk (b) a folding table (c) sugar (d) ice
  7. 7.📒 One-time cost or running cost: ice? (a) a one-time cost (b) a running cost
  8. 8.Which of these is a running cost? (a) sugar (b) a folding table (c) a price board (d) a juicer
  9. 9.Farhan has ₹80 to spend on lemons. One lemon costs ₹8. What is the greatest number of lemons Farhan can buy?
  10. 10.🔍 Which is the odd one out? (a) card paper (b) a folding table (c) a juicer (d) a cloth banner
  11. 11.Vihaan plans to make 28 paper bookmarks. Each needs ₹10 of materials, and a banner costs ₹300 once. What total budget is needed (in ₹)?
  12. 12.Diya has a budget of ₹400. The stock costs ₹130 and the stall fee is ₹300. Is the budget enough? (a) No (b) Yes
  13. 13.Vihaan has ₹170 to spend on lemons. One lemon costs ₹10. What is the greatest number of lemons Vihaan can buy?
  14. 14.Ananya’s stall budget is ₹410. Paper cups cost ₹100, lemons cost ₹70 and a price board cost ₹60. How many rupees of the budget are left?
  15. 15.Which of these is a one-time cost? (a) paper cups (b) seeds and soil (c) a cloth banner (d) ice
  16. 16.True or false: “a price board” is a running cost. (a) False (b) True
  17. 17.Saanvi’s stall budget is ₹880. Sugar cost ₹250, a price board cost ₹280 and card paper cost ₹110. How many rupees of the budget are left?
  18. 18.🔍 Which is the odd one out? (a) a cloth banner (b) seeds and soil (c) ice (d) card paper
  19. 19.Dev has a budget of ₹1000. The stock costs ₹100 and the stall fee is ₹870. Is the budget enough? (a) Yes (b) No
  20. 20.Which of these is a running cost? (a) seeds and soil (b) a price board (c) a folding table (d) a juicer
  21. 21.True or false: “a cash box” is a running cost. (a) False (b) True
  22. 22.Arjun has a budget of ₹500. The stock costs ₹190 and the stall fee is ₹350. Is the budget enough? (a) Yes (b) No
  23. 23.Which of these is a running cost? (a) card paper (b) a cooler box (c) a juicer (d) a cash box
  24. 24.Tara’s stall budget is ₹540. Lemons cost ₹40, paper cups cost ₹300 and ribbon cost ₹40. How many rupees of the budget are left?
  25. 25.Kabir has ₹260 to spend on packets of seeds. One packet of seeds costs ₹6. What is the greatest number of packets of seeds Kabir can buy?
  26. 26.Rohan has ₹70 to spend on packets of seeds. One packet of seeds costs ₹8. What is the greatest number of packets of seeds Rohan can buy?
  27. 27.🔍 Which is the odd one out? (a) a juicer (b) a folding table (c) a cloth banner (d) tea leaves and milk
  28. 28.Diya’s stall budget is ₹720. Sugar cost ₹140, seeds cost ₹130 and card paper cost ₹210. How many rupees of the budget are left?
  29. 29.Aarav has a budget of ₹600. The stock costs ₹60 and the stall fee is ₹550. Is the budget enough? (a) No (b) Yes
  30. 30.📒 One-time cost or running cost: a juicer? (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.Aarav’s stall budget is ₹580. Ribbon cost ₹230, card paper cost ₹80 and lemons cost ₹200. How many rupees of the budget are left?
  33. 33.Farhan has a budget of ₹300. The stock costs ₹60 and the stall fee is ₹190. Is the budget enough? (a) Yes (b) No
  34. 34.True or false: “paper cups” is a running cost. (a) False (b) True
  35. 35.Which of these is a one-time cost? (a) tea leaves and milk (b) a cooler box (c) paper cups (d) ice
  36. 36.Aarav’s stall budget is ₹870. A price board cost ₹30, pots cost ₹280 and seeds cost ₹300. How many rupees of the budget are left?
  37. 37.Ananya plans to make 50 fruit cups. Each needs ₹6 of materials, and a banner costs ₹280 once. What total budget is needed (in ₹)?
  38. 38.🔍 Which is the odd one out? (a) a price board (b) a juicer (c) a cloth banner (d) paper cups
  39. 39.Arjun plans to make 12 potted plants. Each needs ₹7 of materials, and a banner costs ₹170 once. What total budget is needed (in ₹)?
  40. 40.📒 One-time cost or running cost: seeds and soil? (a) a running cost (b) a one-time cost

Answer key

  1. lemons
  2. a one-time cost
  3. 195
  4. False
  5. a price board
  6. a folding table
  7. a running cost
  8. sugar
  9. 10
  10. card paper
  11. 580
  12. No
  13. 17
  14. 180
  15. a cloth banner
  16. False
  17. 240
  18. a cloth banner
  19. Yes
  20. seeds and soil
  21. False
  22. No
  23. card paper
  24. 160
  25. 43
  26. 8
  27. tea leaves and milk
  28. 240
  29. No
  30. a one-time cost
  31. False
  32. 70
  33. Yes
  34. True
  35. a cooler box
  36. 260
  37. 580
  38. paper cups
  39. 254
  40. a running cost

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