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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 306 · 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) sugar (b) a price board (c) lemons (d) card paper
  2. 2.True or false: “a price board” is a running cost. (a) False (b) True
  3. 3.Tara plans to make 33 cups of lemonade. Each needs ₹8 of materials, and a banner costs ₹130 once. What total budget is needed (in ₹)?
  4. 4.🔍 Which is the odd one out? (a) a cooler box (b) a juicer (c) sugar (d) a price board
  5. 5.Ananya has ₹200 to spend on packets of seeds. One packet of seeds costs ₹8. What is the greatest number of packets of seeds Ananya can buy?
  6. 6.Which of these is a running cost? (a) a cloth banner (b) a folding table (c) a price board (d) paper cups
  7. 7.Tara plans to make 12 friendship bands. Each needs ₹5 of materials, and a banner costs ₹140 once. What total budget is needed (in ₹)?
  8. 8.Ananya has ₹180 to spend on packets of seeds. One packet of seeds costs ₹8. What is the greatest number of packets of seeds Ananya can buy?
  9. 9.📒 One-time cost or running cost: a cooler box? (a) a one-time cost (b) a running cost
  10. 10.🔍 Which is the odd one out? (a) tea leaves and milk (b) sugar (c) a juicer (d) lemons
  11. 11.True or false: “sugar” is a one-time cost. (a) False (b) True
  12. 12.Nisha has a budget of ₹300. The stock costs ₹80 and the stall fee is ₹260. Is the budget enough? (a) No (b) Yes
  13. 13.🔍 Which is the odd one out? (a) paper cups (b) a cloth banner (c) ice (d) card paper
  14. 14.Nisha plans to make 29 jute bags. Each needs ₹10 of materials, and a banner costs ₹290 once. What total budget is needed (in ₹)?
  15. 15.True or false: “a cloth banner” is a one-time cost. (a) False (b) True
  16. 16.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  17. 17.Which of these is a one-time cost? (a) a juicer (b) card paper (c) seeds and soil (d) paper cups
  18. 18.Diya has a budget of ₹500. The stock costs ₹240 and the stall fee is ₹220. Is the budget enough? (a) Yes (b) No
  19. 19.📒 One-time cost or running cost: seeds and soil? (a) a running cost (b) a one-time cost
  20. 20.Meera plans to make 32 glasses of chai. Each needs ₹6 of materials, and a banner costs ₹150 once. What total budget is needed (in ₹)?
  21. 21.Arjun’s stall budget is ₹590. Ribbon cost ₹30, card paper cost ₹90 and seeds cost ₹200. How many rupees of the budget are left?
  22. 22.Lakshmi’s stall budget is ₹610. Card paper cost ₹20, a price board cost ₹270 and seeds cost ₹150. How many rupees of the budget are left?
  23. 23.Which of these is a running cost? (a) a price board (b) a folding table (c) a cash box (d) sugar
  24. 24.Ananya’s stall budget is ₹400. Sugar cost ₹50, a banner cost ₹160 and paper cups cost ₹60. How many rupees of the budget are left?
  25. 25.Ananya has a budget of ₹1000. The stock costs ₹220 and the stall fee is ₹750. Is the budget enough? (a) No (b) Yes
  26. 26.Which of these is a one-time cost? (a) lemons (b) a folding table (c) card paper (d) ice
  27. 27.🔍 Which is the odd one out? (a) card paper (b) seeds and soil (c) ice (d) a folding table
  28. 28.Meera has a budget of ₹700. The stock costs ₹100 and the stall fee is ₹590. Is the budget enough? (a) No (b) Yes
  29. 29.📒 One-time cost or running cost: card paper? (a) a running cost (b) a one-time cost
  30. 30.Kabir’s stall budget is ₹490. Napkins cost ₹20, card paper cost ₹280 and a banner cost ₹50. How many rupees of the budget are left?
  31. 31.Which of these is a running cost? (a) tea leaves and milk (b) a cloth banner (c) a juicer (d) a cooler box
  32. 32.Dev plans to make 22 clay diyas. Each needs ₹10 of materials, and a banner costs ₹220 once. What total budget is needed (in ₹)?
  33. 33.Arjun plans to make 50 bags of popcorn. Each needs ₹7 of materials, and a banner costs ₹190 once. What total budget is needed (in ₹)?
  34. 34.🔍 Which is the odd one out? (a) sugar (b) paper cups (c) a cooler box (d) lemons
  35. 35.🔍 Which is the odd one out? (a) a folding table (b) seeds and soil (c) a price board (d) a cloth banner
  36. 36.Nisha’s stall budget is ₹830. Seeds cost ₹230, sugar cost ₹200 and a price board cost ₹210. How many rupees of the budget are left?
  37. 37.Gurpreet has a budget of ₹500. The stock costs ₹180 and the stall fee is ₹290. Is the budget enough? (a) No (b) Yes
  38. 38.Farhan’s stall budget is ₹480. Paper cups cost ₹80, sugar cost ₹100 and a banner cost ₹40. How many rupees of the budget are left?
  39. 39.🔍 Which is the odd one out? (a) a cash box (b) a folding table (c) tea leaves and milk (d) a juicer
  40. 40.Kavya has ₹200 to spend on sheets of card paper. One sheet of card paper costs ₹20. What is the greatest number of sheets of card paper Kavya can buy?

Answer key

  1. a price board
  2. False
  3. 394
  4. sugar
  5. 25
  6. paper cups
  7. 200
  8. 22
  9. a one-time cost
  10. a juicer
  11. False
  12. No
  13. a cloth banner
  14. 580
  15. True
  16. a one-time cost
  17. a juicer
  18. Yes
  19. a running cost
  20. 342
  21. 270
  22. 170
  23. sugar
  24. 130
  25. Yes
  26. a folding table
  27. a folding table
  28. Yes
  29. a running cost
  30. 140
  31. tea leaves and milk
  32. 440
  33. 540
  34. a cooler box
  35. seeds and soil
  36. 190
  37. Yes
  38. 260
  39. tea leaves and milk
  40. 10

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