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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 407 · 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.True or false: “a cloth banner” is a running cost. (a) True (b) False
  2. 2.Rohan plans to make 17 painted pebbles. Each needs ₹7 of materials, and a banner costs ₹50 once. What total budget is needed (in ₹)?
  3. 3.Which of these is a running cost? (a) a folding table (b) seeds and soil (c) a cash box (d) a cloth banner
  4. 4.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
  5. 5.True or false: “tea leaves and milk” is a running cost. (a) True (b) False
  6. 6.Kavya has ₹150 to spend on lemons. One lemon costs ₹15. What is the greatest number of lemons Kavya can buy?
  7. 7.Riya’s stall budget is ₹650. Paper cups cost ₹290, seeds cost ₹110 and pots cost ₹100. How many rupees of the budget are left?
  8. 8.📒 One-time cost or running cost: seeds and soil? (a) a one-time cost (b) a running cost
  9. 9.Which of these is a running cost? (a) a folding table (b) tea leaves and milk (c) a price board (d) a cash box
  10. 10.📒 One-time cost or running cost: ice? (a) a one-time cost (b) a running cost
  11. 11.Which of these is a running cost? (a) a cooler box (b) a juicer (c) a cash box (d) sugar
  12. 12.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost
  13. 13.📒 One-time cost or running cost: a cloth banner? (a) a one-time cost (b) a running cost
  14. 14.Joseph plans to make 38 jute bags. Each needs ₹3 of materials, and a banner costs ₹290 once. What total budget is needed (in ₹)?
  15. 15.Meera’s stall budget is ₹630. Ribbon cost ₹300, card paper cost ₹90 and napkins cost ₹210. How many rupees of the budget are left?
  16. 16.Which of these is a one-time cost? (a) sugar (b) lemons (c) a cash box (d) tea leaves and milk
  17. 17.Which of these is a one-time cost? (a) sugar (b) a cooler box (c) ice (d) seeds and soil
  18. 18.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  19. 19.True or false: “a cash box” is a one-time cost. (a) True (b) False
  20. 20.🔍 Which is the odd one out? (a) a juicer (b) seeds and soil (c) a cash box (d) a cloth banner
  21. 21.Nisha’s stall budget is ₹720. Paper cups cost ₹280, a banner cost ₹130 and napkins cost ₹110. How many rupees of the budget are left?
  22. 22.Which of these is a one-time cost? (a) a price board (b) seeds and soil (c) card paper (d) paper cups
  23. 23.🔍 Which is the odd one out? (a) a juicer (b) a cooler box (c) card paper (d) a cloth banner
  24. 24.📒 One-time cost or running cost: tea leaves and milk? (a) a running cost (b) a one-time cost
  25. 25.Riya plans to make 33 handmade cards. Each needs ₹7 of materials, and a banner costs ₹200 once. What total budget is needed (in ₹)?
  26. 26.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  27. 27.True or false: “a juicer” is a one-time cost. (a) False (b) True
  28. 28.🔍 Which is the odd one out? (a) a cash box (b) a cloth banner (c) a juicer (d) sugar
  29. 29.Ishaan has ₹170 to spend on packs of cups. One pack of cups costs ₹4. What is the greatest number of packs of cups Ishaan can buy?
  30. 30.🔍 Which is the odd one out? (a) a folding table (b) seeds and soil (c) sugar (d) paper cups
  31. 31.Arjun’s stall budget is ₹360. Napkins cost ₹70, sugar cost ₹140 and pots cost ₹90. How many rupees of the budget are left?
  32. 32.🔍 Which is the odd one out? (a) a cloth banner (b) tea leaves and milk (c) a cooler box (d) a cash box
  33. 33.Nisha has ₹380 to spend on packets of seeds. One packet of seeds costs ₹8. What is the greatest number of packets of seeds Nisha can buy?
  34. 34.Riya has ₹480 to spend on lemons. One lemon costs ₹6. What is the greatest number of lemons Riya can buy?
  35. 35.Riya has ₹240 to spend on packs of cups. One pack of cups costs ₹8. What is the greatest number of packs of cups Riya can buy?
  36. 36.Farhan’s stall budget is ₹240. Ribbon cost ₹70, lemons cost ₹20 and seeds cost ₹140. How many rupees of the budget are left?
  37. 37.Ananya has ₹60 to spend on packs of cups. One pack of cups costs ₹6. What is the greatest number of packs of cups Ananya can buy?
  38. 38.True or false: “sugar” is a one-time cost. (a) True (b) False
  39. 39.True or false: “a juicer” is a running cost. (a) True (b) False
  40. 40.Gurpreet plans to make 49 paper bookmarks. Each needs ₹4 of materials, and a banner costs ₹170 once. What total budget is needed (in ₹)?

Answer key

  1. False
  2. 169
  3. seeds and soil
  4. a one-time cost
  5. True
  6. 10
  7. 150
  8. a running cost
  9. tea leaves and milk
  10. a running cost
  11. sugar
  12. a one-time cost
  13. a one-time cost
  14. 404
  15. 30
  16. a cash box
  17. a cooler box
  18. a one-time cost
  19. True
  20. seeds and soil
  21. 200
  22. a price board
  23. card paper
  24. a running cost
  25. 431
  26. a one-time cost
  27. True
  28. sugar
  29. 42
  30. a folding table
  31. 60
  32. tea leaves and milk
  33. 47
  34. 80
  35. 30
  36. 10
  37. 10
  38. False
  39. False
  40. 366

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