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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 364 · 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.Arjun plans to make 44 painted pebbles. Each needs ₹3 of materials, and a banner costs ₹60 once. What total budget is needed (in ₹)?
  2. 2.Which of these is a running cost? (a) a price board (b) a folding table (c) card paper (d) a cash box
  3. 3.🔍 Which is the odd one out? (a) lemons (b) ice (c) sugar (d) a cloth banner
  4. 4.Gurpreet has a budget of ₹300. The stock costs ₹60 and the stall fee is ₹280. Is the budget enough? (a) Yes (b) No
  5. 5.Which of these is a one-time cost? (a) card paper (b) tea leaves and milk (c) a cloth banner (d) sugar
  6. 6.True or false: “seeds and soil” is a running cost. (a) True (b) False
  7. 7.Riya plans to make 44 fruit cups. Each needs ₹10 of materials, and a banner costs ₹130 once. What total budget is needed (in ₹)?
  8. 8.Kabir plans to make 44 cups of lemonade. Each needs ₹8 of materials, and a banner costs ₹50 once. What total budget is needed (in ₹)?
  9. 9.Kabir has a budget of ₹800. The stock costs ₹250 and the stall fee is ₹500. Is the budget enough? (a) Yes (b) No
  10. 10.Kavya’s stall budget is ₹620. Paper cups cost ₹190, a banner cost ₹110 and pots cost ₹270. How many rupees of the budget are left?
  11. 11.Which of these is a one-time cost? (a) paper cups (b) lemons (c) ice (d) a cash box
  12. 12.True or false: “a cash box” is a one-time cost. (a) False (b) True
  13. 13.Farhan has ₹140 to spend on packets of seeds. One packet of seeds costs ₹6. What is the greatest number of packets of seeds Farhan can buy?
  14. 14.Riya plans to make 47 cups of lemonade. Each needs ₹2 of materials, and a banner costs ₹300 once. What total budget is needed (in ₹)?
  15. 15.🔍 Which is the odd one out? (a) seeds and soil (b) card paper (c) a cooler box (d) paper cups
  16. 16.Which of these is a one-time cost? (a) paper cups (b) a cooler box (c) card paper (d) ice
  17. 17.Meera’s stall budget is ₹610. Seeds cost ₹230, lemons cost ₹190 and a banner cost ₹100. How many rupees of the budget are left?
  18. 18.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  19. 19.True or false: “a folding table” is a one-time cost. (a) True (b) False
  20. 20.Which of these is a running cost? (a) a folding table (b) a price board (c) lemons (d) a cash box
  21. 21.Which of these is a running cost? (a) a price board (b) a cloth banner (c) sugar (d) a folding table
  22. 22.Kabir’s stall budget is ₹520. Sugar cost ₹160, pots cost ₹100 and card paper cost ₹220. How many rupees of the budget are left?
  23. 23.True or false: “seeds and soil” is a one-time cost. (a) False (b) True
  24. 24.Arjun has ₹330 to spend on packs of cups. One pack of cups costs ₹20. What is the greatest number of packs of cups Arjun can buy?
  25. 25.True or false: “tea leaves and milk” is a running cost. (a) True (b) False
  26. 26.Aarav plans to make 10 potted plants. Each needs ₹10 of materials, and a banner costs ₹220 once. What total budget is needed (in ₹)?
  27. 27.🔍 Which is the odd one out? (a) tea leaves and milk (b) seeds and soil (c) a folding table (d) lemons
  28. 28.Which of these is a one-time cost? (a) ice (b) tea leaves and milk (c) a juicer (d) card paper
  29. 29.🔍 Which is the odd one out? (a) a cash box (b) a cloth banner (c) card paper (d) a cooler box
  30. 30.🔍 Which is the odd one out? (a) a cash box (b) a folding table (c) ice (d) a price board
  31. 31.Zoya plans to make 32 friendship bands. Each needs ₹10 of materials, and a banner costs ₹270 once. What total budget is needed (in ₹)?
  32. 32.True or false: “a price board” is a running cost. (a) True (b) False
  33. 33.📒 One-time cost or running cost: sugar? (a) a running cost (b) a one-time cost
  34. 34.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost
  35. 35.Aarav’s stall budget is ₹840. Paper cups cost ₹260, napkins cost ₹300 and seeds cost ₹150. How many rupees of the budget are left?
  36. 36.🔍 Which is the odd one out? (a) paper cups (b) a price board (c) card paper (d) seeds and soil
  37. 37.True or false: “lemons” is a one-time cost. (a) False (b) True
  38. 38.Which of these is a running cost? (a) a juicer (b) a cloth banner (c) seeds and soil (d) a folding table
  39. 39.Saanvi plans to make 49 painted pebbles. Each needs ₹3 of materials, and a banner costs ₹200 once. What total budget is needed (in ₹)?
  40. 40.Ishaan plans to make 27 clay diyas. Each needs ₹3 of materials, and a banner costs ₹110 once. What total budget is needed (in ₹)?

Answer key

  1. 192
  2. card paper
  3. a cloth banner
  4. No
  5. a cloth banner
  6. True
  7. 570
  8. 402
  9. Yes
  10. 50
  11. a cash box
  12. True
  13. 23
  14. 394
  15. a cooler box
  16. a cooler box
  17. 90
  18. a one-time cost
  19. True
  20. lemons
  21. sugar
  22. 40
  23. False
  24. 16
  25. True
  26. 320
  27. a folding table
  28. a juicer
  29. card paper
  30. ice
  31. 590
  32. False
  33. a running cost
  34. a one-time cost
  35. 130
  36. a price board
  37. False
  38. seeds and soil
  39. 347
  40. 191

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