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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 383 · 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 juicer (b) a folding table (c) a cash box (d) lemons
  2. 2.🔍 Which is the odd one out? (a) a cloth banner (b) a juicer (c) a folding table (d) tea leaves and milk
  3. 3.Vihaan has a budget of ₹900. The stock costs ₹440 and the stall fee is ₹510. Is the budget enough? (a) No (b) Yes
  4. 4.Arjun’s stall budget is ₹1030. Napkins cost ₹210, sugar cost ₹260 and paper cups cost ₹300. How many rupees of the budget are left?
  5. 5.Rohan’s stall budget is ₹670. A price board cost ₹210, pots cost ₹80 and napkins cost ₹100. How many rupees of the budget are left?
  6. 6.🔍 Which is the odd one out? (a) a cloth banner (b) a juicer (c) ice (d) a price board
  7. 7.Gurpreet plans to make 37 bags of popcorn. Each needs ₹7 of materials, and a banner costs ₹260 once. What total budget is needed (in ₹)?
  8. 8.Which of these is a one-time cost? (a) a cloth banner (b) seeds and soil (c) ice (d) sugar
  9. 9.True or false: “lemons” is a one-time cost. (a) True (b) False
  10. 10.Which of these is a running cost? (a) a cash box (b) lemons (c) a juicer (d) a folding table
  11. 11.Arjun plans to make 11 jute bags. Each needs ₹9 of materials, and a banner costs ₹230 once. What total budget is needed (in ₹)?
  12. 12.True or false: “a cash box” is a one-time cost. (a) True (b) False
  13. 13.True or false: “a folding table” is a running cost. (a) False (b) True
  14. 14.🔍 Which is the odd one out? (a) a folding table (b) a juicer (c) seeds and soil (d) a cooler box
  15. 15.Ishaan plans to make 17 jute bags. Each needs ₹2 of materials, and a banner costs ₹270 once. What total budget is needed (in ₹)?
  16. 16.True or false: “a juicer” is a running cost. (a) False (b) True
  17. 17.📒 One-time cost or running cost: lemons? (a) a one-time cost (b) a running cost
  18. 18.📒 One-time cost or running cost: ice? (a) a one-time cost (b) a running cost
  19. 19.True or false: “a cloth banner” is a one-time cost. (a) False (b) True
  20. 20.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  21. 21.Which of these is a running cost? (a) a cloth banner (b) a cash box (c) card paper (d) a folding table
  22. 22.Vihaan’s stall budget is ₹690. A price board cost ₹80, paper cups cost ₹300 and ribbon cost ₹230. How many rupees of the budget are left?
  23. 23.Nisha has ₹110 to spend on packs of cups. One pack of cups costs ₹20. What is the greatest number of packs of cups Nisha can buy?
  24. 24.Kabir has a budget of ₹300. The stock costs ₹50 and the stall fee is ₹300. Is the budget enough? (a) No (b) Yes
  25. 25.True or false: “sugar” is a running cost. (a) False (b) True
  26. 26.Tara plans to make 38 potted plants. Each needs ₹6 of materials, and a banner costs ₹70 once. What total budget is needed (in ₹)?
  27. 27.Which of these is a running cost? (a) a price board (b) a cash box (c) a cooler box (d) tea leaves and milk
  28. 28.True or false: “a cooler box” is a running cost. (a) True (b) False
  29. 29.Farhan has ₹250 to spend on lemons. One lemon costs ₹6. What is the greatest number of lemons Farhan can buy?
  30. 30.Gurpreet has ₹500 to spend on rolls of ribbon. One roll of ribbon costs ₹12. What is the greatest number of rolls of ribbon Gurpreet can buy?
  31. 31.Dev plans to make 48 painted pebbles. Each needs ₹4 of materials, and a banner costs ₹130 once. What total budget is needed (in ₹)?
  32. 32.Diya plans to make 18 friendship bands. Each needs ₹6 of materials, and a banner costs ₹290 once. What total budget is needed (in ₹)?
  33. 33.True or false: “tea leaves and milk” is a one-time cost. (a) False (b) True
  34. 34.True or false: “tea leaves and milk” is a running cost. (a) False (b) True
  35. 35.🔍 Which is the odd one out? (a) a cash box (b) paper cups (c) a juicer (d) a price board
  36. 36.Aarav plans to make 16 jute bags. Each needs ₹3 of materials, and a banner costs ₹120 once. What total budget is needed (in ₹)?
  37. 37.Nisha plans to make 11 friendship bands. Each needs ₹8 of materials, and a banner costs ₹70 once. What total budget is needed (in ₹)?
  38. 38.True or false: “seeds and soil” is a running cost. (a) False (b) True
  39. 39.Kavya has a budget of ₹1000. The stock costs ₹90 and the stall fee is ₹930. Is the budget enough? (a) No (b) Yes
  40. 40.Riya has ₹460 to spend on packs of cups. One pack of cups costs ₹20. What is the greatest number of packs of cups Riya can buy?

Answer key

  1. lemons
  2. tea leaves and milk
  3. No
  4. 260
  5. 280
  6. ice
  7. 519
  8. a cloth banner
  9. False
  10. lemons
  11. 329
  12. True
  13. False
  14. seeds and soil
  15. 304
  16. False
  17. a running cost
  18. a running cost
  19. True
  20. a one-time cost
  21. card paper
  22. 80
  23. 5
  24. No
  25. True
  26. 298
  27. tea leaves and milk
  28. False
  29. 41
  30. 41
  31. 322
  32. 398
  33. False
  34. True
  35. paper cups
  36. 168
  37. 158
  38. True
  39. No
  40. 23

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