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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 417 · 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 of these is a running cost? (a) a juicer (b) a price board (c) a cash box (d) card paper
  2. 2.🔍 Which is the odd one out? (a) paper cups (b) seeds and soil (c) a folding table (d) tea leaves and milk
  3. 3.🔍 Which is the odd one out? (a) tea leaves and milk (b) lemons (c) seeds and soil (d) a cloth banner
  4. 4.Gurpreet plans to make 22 glasses of chai. Each needs ₹6 of materials, and a banner costs ₹120 once. What total budget is needed (in ₹)?
  5. 5.Diya has ₹360 to spend on rolls of ribbon. One roll of ribbon costs ₹10. What is the greatest number of rolls of ribbon Diya can buy?
  6. 6.Which of these is a running cost? (a) a folding table (b) a cash box (c) a cooler box (d) seeds and soil
  7. 7.Which of these is a one-time cost? (a) ice (b) seeds and soil (c) a cooler box (d) sugar
  8. 8.🔍 Which is the odd one out? (a) a cloth banner (b) lemons (c) a cash box (d) a cooler box
  9. 9.🔍 Which is the odd one out? (a) a cloth banner (b) a cooler box (c) card paper (d) a cash box
  10. 10.Lakshmi plans to make 44 paper bookmarks. Each needs ₹9 of materials, and a banner costs ₹150 once. What total budget is needed (in ₹)?
  11. 11.Which of these is a one-time cost? (a) a juicer (b) sugar (c) tea leaves and milk (d) ice
  12. 12.True or false: “a cloth banner” is a running cost. (a) False (b) True
  13. 13.🔍 Which is the odd one out? (a) card paper (b) lemons (c) a juicer (d) paper cups
  14. 14.True or false: “ice” is a one-time cost. (a) False (b) True
  15. 15.Kavya plans to make 32 clay diyas. Each needs ₹6 of materials, and a banner costs ₹60 once. What total budget is needed (in ₹)?
  16. 16.True or false: “a cloth banner” is a one-time cost. (a) False (b) True
  17. 17.Ananya’s stall budget is ₹780. Seeds cost ₹260, sugar cost ₹70 and napkins cost ₹180. How many rupees of the budget are left?
  18. 18.Rohan has ₹180 to spend on packets of seeds. One packet of seeds costs ₹4. What is the greatest number of packets of seeds Rohan can buy?
  19. 19.Ananya’s stall budget is ₹350. Sugar cost ₹40, paper cups cost ₹160 and a banner cost ₹80. How many rupees of the budget are left?
  20. 20.True or false: “sugar” is a one-time cost. (a) True (b) False
  21. 21.Ananya’s stall budget is ₹430. A banner cost ₹40, pots cost ₹140 and napkins cost ₹60. How many rupees of the budget are left?
  22. 22.True or false: “a price board” is a running cost. (a) False (b) True
  23. 23.📒 One-time cost or running cost: a price board? (a) a one-time cost (b) a running cost
  24. 24.Rohan’s stall budget is ₹570. Napkins cost ₹100, paper cups cost ₹250 and sugar cost ₹190. How many rupees of the budget are left?
  25. 25.Which of these is a one-time cost? (a) ice (b) a cash box (c) sugar (d) paper cups
  26. 26.Kabir plans to make 29 paper bookmarks. Each needs ₹4 of materials, and a banner costs ₹210 once. What total budget is needed (in ₹)?
  27. 27.Diya has ₹410 to spend on packs of cups. One pack of cups costs ₹15. What is the greatest number of packs of cups Diya can buy?
  28. 28.Tara plans to make 27 painted pebbles. Each needs ₹7 of materials, and a banner costs ₹270 once. What total budget is needed (in ₹)?
  29. 29.Farhan plans to make 17 potted plants. Each needs ₹3 of materials, and a banner costs ₹130 once. What total budget is needed (in ₹)?
  30. 30.📒 One-time cost or running cost: lemons? (a) a running cost (b) a one-time cost
  31. 31.Diya’s stall budget is ₹990. Sugar cost ₹290, pots cost ₹290 and paper cups cost ₹270. How many rupees of the budget are left?
  32. 32.True or false: “paper cups” is a one-time cost. (a) False (b) True
  33. 33.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  34. 34.True or false: “a folding table” is a one-time cost. (a) True (b) False
  35. 35.Rohan plans to make 17 cups of lemonade. Each needs ₹5 of materials, and a banner costs ₹70 once. What total budget is needed (in ₹)?
  36. 36.Diya has ₹80 to spend on sheets of card paper. One sheet of card paper costs ₹8. What is the greatest number of sheets of card paper Diya can buy?
  37. 37.Which of these is a running cost? (a) a cooler box (b) ice (c) a price board (d) a cloth banner
  38. 38.🔍 Which is the odd one out? (a) a folding table (b) a price board (c) a cash box (d) ice
  39. 39.Dev’s stall budget is ₹740. A banner cost ₹150, ribbon cost ₹280 and napkins cost ₹150. How many rupees of the budget are left?
  40. 40.Rohan has ₹250 to spend on packets of seeds. One packet of seeds costs ₹6. What is the greatest number of packets of seeds Rohan can buy?

Answer key

  1. card paper
  2. a folding table
  3. a cloth banner
  4. 252
  5. 36
  6. seeds and soil
  7. a cooler box
  8. lemons
  9. card paper
  10. 546
  11. a juicer
  12. False
  13. a juicer
  14. False
  15. 252
  16. True
  17. 270
  18. 45
  19. 70
  20. False
  21. 190
  22. False
  23. a one-time cost
  24. 30
  25. a cash box
  26. 326
  27. 27
  28. 459
  29. 181
  30. a running cost
  31. 140
  32. False
  33. a one-time cost
  34. True
  35. 155
  36. 10
  37. ice
  38. ice
  39. 160
  40. 41

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