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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 464 · 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) seeds and soil (b) a cloth banner (c) paper cups (d) lemons
  2. 2.Arjun has a budget of ₹400. The stock costs ₹90 and the stall fee is ₹340. Is the budget enough? (a) No (b) Yes
  3. 3.🔍 Which is the odd one out? (a) lemons (b) card paper (c) tea leaves and milk (d) a price board
  4. 4.Dev has ₹310 to spend on lemons. One lemon costs ₹20. What is the greatest number of lemons Dev can buy?
  5. 5.Which of these is a running cost? (a) seeds and soil (b) a folding table (c) a cooler box (d) a cash box
  6. 6.Farhan has a budget of ₹600. The stock costs ₹240 and the stall fee is ₹400. Is the budget enough? (a) No (b) Yes
  7. 7.🔍 Which is the odd one out? (a) a juicer (b) a folding table (c) paper cups (d) a cloth banner
  8. 8.True or false: “a cash box” is a one-time cost. (a) False (b) True
  9. 9.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
  10. 10.True or false: “a juicer” is a running cost. (a) False (b) True
  11. 11.Arjun plans to make 33 potted plants. Each needs ₹10 of materials, and a banner costs ₹190 once. What total budget is needed (in ₹)?
  12. 12.Saanvi plans to make 15 paper bookmarks. Each needs ₹4 of materials, and a banner costs ₹60 once. What total budget is needed (in ₹)?
  13. 13.📒 One-time cost or running cost: ice? (a) a one-time cost (b) a running cost
  14. 14.True or false: “ice” is a one-time cost. (a) True (b) False
  15. 15.🔍 Which is the odd one out? (a) sugar (b) a folding table (c) card paper (d) ice
  16. 16.Arjun’s stall budget is ₹420. Sugar cost ₹90, card paper cost ₹90 and pots cost ₹140. How many rupees of the budget are left?
  17. 17.Which of these is a one-time cost? (a) card paper (b) seeds and soil (c) sugar (d) a cloth banner
  18. 18.Which of these is a one-time cost? (a) card paper (b) a price board (c) seeds and soil (d) paper cups
  19. 19.Diya plans to make 18 handmade cards. Each needs ₹2 of materials, and a banner costs ₹80 once. What total budget is needed (in ₹)?
  20. 20.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  21. 21.True or false: “seeds and soil” is a running cost. (a) False (b) True
  22. 22.🔍 Which is the odd one out? (a) a price board (b) a cash box (c) a juicer (d) tea leaves and milk
  23. 23.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  24. 24.Ishaan’s stall budget is ₹670. Ribbon cost ₹180, sugar cost ₹220 and a banner cost ₹40. How many rupees of the budget are left?
  25. 25.Which of these is a running cost? (a) a cloth banner (b) tea leaves and milk (c) a cash box (d) a cooler box
  26. 26.Zoya plans to make 27 potted plants. Each needs ₹2 of materials, and a banner costs ₹50 once. What total budget is needed (in ₹)?
  27. 27.Rohan plans to make 43 jute bags. Each needs ₹10 of materials, and a banner costs ₹110 once. What total budget is needed (in ₹)?
  28. 28.True or false: “a cloth banner” is a one-time cost. (a) True (b) False
  29. 29.Joseph’s stall budget is ₹400. Lemons cost ₹110, pots cost ₹210 and a banner cost ₹40. How many rupees of the budget are left?
  30. 30.Which of these is a one-time cost? (a) tea leaves and milk (b) a cash box (c) ice (d) seeds and soil
  31. 31.📒 One-time cost or running cost: tea leaves and milk? (a) a running cost (b) a one-time cost
  32. 32.Nisha has a budget of ₹400. The stock costs ₹190 and the stall fee is ₹230. Is the budget enough? (a) Yes (b) No
  33. 33.Which of these is a one-time cost? (a) paper cups (b) seeds and soil (c) ice (d) a juicer
  34. 34.Nisha has a budget of ₹600. The stock costs ₹190 and the stall fee is ₹450. Is the budget enough? (a) No (b) Yes
  35. 35.Which of these is a running cost? (a) a cooler box (b) a cloth banner (c) lemons (d) a juicer
  36. 36.True or false: “sugar” is a one-time cost. (a) False (b) True
  37. 37.Kabir has ₹140 to spend on lemons. One lemon costs ₹4. What is the greatest number of lemons Kabir can buy?
  38. 38.Gurpreet has ₹60 to spend on packs of cups. One pack of cups costs ₹12. What is the greatest number of packs of cups Gurpreet can buy?
  39. 39.Joseph plans to make 11 potted plants. Each needs ₹2 of materials, and a banner costs ₹280 once. What total budget is needed (in ₹)?
  40. 40.Ishaan has ₹480 to spend on rolls of ribbon. One roll of ribbon costs ₹4. What is the greatest number of rolls of ribbon Ishaan can buy?

Answer key

  1. a cloth banner
  2. No
  3. a price board
  4. 15
  5. seeds and soil
  6. No
  7. paper cups
  8. True
  9. a one-time cost
  10. False
  11. 520
  12. 120
  13. a running cost
  14. False
  15. a folding table
  16. 100
  17. a cloth banner
  18. a price board
  19. 116
  20. a one-time cost
  21. True
  22. tea leaves and milk
  23. a one-time cost
  24. 230
  25. tea leaves and milk
  26. 104
  27. 540
  28. True
  29. 40
  30. a cash box
  31. a running cost
  32. No
  33. a juicer
  34. No
  35. lemons
  36. False
  37. 35
  38. 5
  39. 302
  40. 120

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