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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 436 · 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.Riya has ₹50 to spend on sheets of card paper. One sheet of card paper costs ₹5. What is the greatest number of sheets of card paper Riya can buy?
  2. 2.🔍 Which is the odd one out? (a) sugar (b) a cash box (c) a juicer (d) a cloth banner
  3. 3.Gurpreet plans to make 42 friendship bands. Each needs ₹4 of materials, and a banner costs ₹220 once. What total budget is needed (in ₹)?
  4. 4.Ananya has a budget of ₹600. The stock costs ₹120 and the stall fee is ₹470. Is the budget enough? (a) No (b) Yes
  5. 5.🔍 Which is the odd one out? (a) ice (b) lemons (c) a cooler box (d) card paper
  6. 6.Zoya plans to make 10 bags of popcorn. Each needs ₹5 of materials, and a banner costs ₹300 once. What total budget is needed (in ₹)?
  7. 7.True or false: “card paper” is a one-time cost. (a) False (b) True
  8. 8.Ishaan has ₹440 to spend on packs of cups. One pack of cups costs ₹12. What is the greatest number of packs of cups Ishaan can buy?
  9. 9.📒 One-time cost or running cost: ice? (a) a running cost (b) a one-time cost
  10. 10.True or false: “a juicer” is a one-time cost. (a) False (b) True
  11. 11.Gurpreet’s stall budget is ₹1030. A banner cost ₹210, paper cups cost ₹240 and card paper cost ₹290. How many rupees of the budget are left?
  12. 12.Nisha plans to make 40 potted plants. Each needs ₹7 of materials, and a banner costs ₹230 once. What total budget is needed (in ₹)?
  13. 13.Kavya has a budget of ₹800. The stock costs ₹90 and the stall fee is ₹740. Is the budget enough? (a) No (b) Yes
  14. 14.True or false: “lemons” is a one-time cost. (a) False (b) True
  15. 15.🔍 Which is the odd one out? (a) a folding table (b) a price board (c) a cloth banner (d) seeds and soil
  16. 16.Kavya plans to make 38 clay diyas. Each needs ₹2 of materials, and a banner costs ₹100 once. What total budget is needed (in ₹)?
  17. 17.True or false: “seeds and soil” is a running cost. (a) False (b) True
  18. 18.📒 One-time cost or running cost: a cash box? (a) a one-time cost (b) a running cost
  19. 19.True or false: “a juicer” is a running cost. (a) True (b) False
  20. 20.Which of these is a one-time cost? (a) ice (b) paper cups (c) a cash box (d) card paper
  21. 21.Ananya has a budget of ₹1000. The stock costs ₹140 and the stall fee is ₹900. Is the budget enough? (a) Yes (b) No
  22. 22.Zoya has a budget of ₹500. The stock costs ₹230 and the stall fee is ₹300. Is the budget enough? (a) Yes (b) No
  23. 23.True or false: “sugar” is a one-time cost. (a) True (b) False
  24. 24.Rohan plans to make 10 painted pebbles. Each needs ₹6 of materials, and a banner costs ₹270 once. What total budget is needed (in ₹)?
  25. 25.Diya plans to make 14 jute bags. Each needs ₹10 of materials, and a banner costs ₹300 once. What total budget is needed (in ₹)?
  26. 26.🔍 Which is the odd one out? (a) seeds and soil (b) a cloth banner (c) tea leaves and milk (d) ice
  27. 27.Meera’s stall budget is ₹550. Lemons cost ₹30, a price board cost ₹160 and sugar cost ₹270. How many rupees of the budget are left?
  28. 28.🔍 Which is the odd one out? (a) a cooler box (b) ice (c) a juicer (d) a folding table
  29. 29.🔍 Which is the odd one out? (a) a cooler box (b) a cloth banner (c) lemons (d) a juicer
  30. 30.True or false: “a cash box” is a running cost. (a) True (b) False
  31. 31.Arjun plans to make 43 fruit cups. Each needs ₹4 of materials, and a banner costs ₹300 once. What total budget is needed (in ₹)?
  32. 32.Which of these is a one-time cost? (a) a cooler box (b) seeds and soil (c) sugar (d) card paper
  33. 33.Ananya plans to make 27 cups of lemonade. Each needs ₹8 of materials, and a banner costs ₹240 once. What total budget is needed (in ₹)?
  34. 34.Kabir has a budget of ₹700. The stock costs ₹310 and the stall fee is ₹420. Is the budget enough? (a) No (b) Yes
  35. 35.Which of these is a running cost? (a) a folding table (b) a cooler box (c) paper cups (d) a cloth banner
  36. 36.True or false: “a folding table” is a running cost. (a) False (b) True
  37. 37.True or false: “a price board” is a one-time cost. (a) False (b) True
  38. 38.Lakshmi’s stall budget is ₹690. Sugar cost ₹160, a banner cost ₹100 and napkins cost ₹280. How many rupees of the budget are left?
  39. 39.📒 One-time cost or running cost: seeds and soil? (a) a one-time cost (b) a running cost
  40. 40.📒 One-time cost or running cost: lemons? (a) a one-time cost (b) a running cost

Answer key

  1. 10
  2. sugar
  3. 388
  4. Yes
  5. a cooler box
  6. 350
  7. False
  8. 36
  9. a running cost
  10. True
  11. 290
  12. 510
  13. No
  14. False
  15. seeds and soil
  16. 176
  17. True
  18. a one-time cost
  19. False
  20. a cash box
  21. No
  22. No
  23. False
  24. 330
  25. 440
  26. a cloth banner
  27. 90
  28. ice
  29. lemons
  30. False
  31. 472
  32. a cooler box
  33. 456
  34. No
  35. paper cups
  36. False
  37. True
  38. 150
  39. a running cost
  40. a running cost

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