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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 476 · 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) paper cups (b) tea leaves and milk (c) seeds and soil (d) a cash box
  2. 2.Ananya’s stall budget is ₹760. A price board cost ₹140, seeds cost ₹160 and lemons cost ₹250. How many rupees of the budget are left?
  3. 3.True or false: “card paper” is a running cost. (a) True (b) False
  4. 4.Which of these is a one-time cost? (a) a price board (b) card paper (c) paper cups (d) seeds and soil
  5. 5.Nisha plans to make 12 clay diyas. Each needs ₹2 of materials, and a banner costs ₹240 once. What total budget is needed (in ₹)?
  6. 6.Zoya plans to make 17 cupcakes. Each needs ₹6 of materials, and a banner costs ₹120 once. What total budget is needed (in ₹)?
  7. 7.Which of these is a running cost? (a) a cooler box (b) a cash box (c) ice (d) a price board
  8. 8.📒 One-time cost or running cost: ice? (a) a running cost (b) a one-time cost
  9. 9.📒 One-time cost or running cost: lemons? (a) a running cost (b) a one-time cost
  10. 10.Ananya has ₹420 to spend on packets of seeds. One packet of seeds costs ₹12. What is the greatest number of packets of seeds Ananya can buy?
  11. 11.Aarav plans to make 28 fruit cups. Each needs ₹2 of materials, and a banner costs ₹220 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 cooler box” is a one-time cost. (a) False (b) True
  14. 14.🔍 Which is the odd one out? (a) card paper (b) paper cups (c) tea leaves and milk (d) a juicer
  15. 15.Lakshmi plans to make 43 paper bookmarks. Each needs ₹6 of materials, and a banner costs ₹290 once. What total budget is needed (in ₹)?
  16. 16.Which of these is a running cost? (a) a cloth banner (b) paper cups (c) a cash box (d) a cooler box
  17. 17.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
  18. 18.📒 One-time cost or running cost: paper cups? (a) a one-time cost (b) a running cost
  19. 19.True or false: “lemons” is a running cost. (a) False (b) True
  20. 20.Arjun’s stall budget is ₹410. A price board cost ₹30, pots cost ₹200 and ribbon cost ₹140. How many rupees of the budget are left?
  21. 21.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
  22. 22.Lakshmi plans to make 50 glasses of chai. Each needs ₹9 of materials, and a banner costs ₹260 once. What total budget is needed (in ₹)?
  23. 23.Saanvi’s stall budget is ₹680. Napkins cost ₹230, lemons cost ₹130 and ribbon cost ₹300. How many rupees of the budget are left?
  24. 24.Which of these is a one-time cost? (a) lemons (b) a cooler box (c) tea leaves and milk (d) seeds and soil
  25. 25.🔍 Which is the odd one out? (a) a price board (b) ice (c) a cooler box (d) a cloth banner
  26. 26.Arjun has ₹180 to spend on rolls of ribbon. One roll of ribbon costs ₹5. What is the greatest number of rolls of ribbon Arjun can buy?
  27. 27.True or false: “sugar” is a running cost. (a) True (b) False
  28. 28.Ishaan’s stall budget is ₹350. A price board cost ₹60, card paper cost ₹130 and ribbon cost ₹100. How many rupees of the budget are left?
  29. 29.Farhan plans to make 13 jute bags. Each needs ₹6 of materials, and a banner costs ₹220 once. What total budget is needed (in ₹)?
  30. 30.Tara has ₹250 to spend on rolls of ribbon. One roll of ribbon costs ₹10. What is the greatest number of rolls of ribbon Tara can buy?
  31. 31.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  32. 32.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost
  33. 33.Ananya has a budget of ₹1000. The stock costs ₹360 and the stall fee is ₹660. Is the budget enough? (a) Yes (b) No
  34. 34.Rohan has ₹220 to spend on packs of cups. One pack of cups costs ₹5. What is the greatest number of packs of cups Rohan can buy?
  35. 35.Kabir plans to make 11 clay diyas. Each needs ₹2 of materials, and a banner costs ₹190 once. What total budget is needed (in ₹)?
  36. 36.True or false: “a folding table” is a one-time cost. (a) False (b) True
  37. 37.Riya has ₹80 to spend on packets of seeds. One packet of seeds costs ₹12. What is the greatest number of packets of seeds Riya can buy?
  38. 38.Which of these is a running cost? (a) card paper (b) a juicer (c) a cash box (d) a price board
  39. 39.True or false: “a price board” is a one-time cost. (a) False (b) True
  40. 40.Arjun has a budget of ₹500. The stock costs ₹100 and the stall fee is ₹390. Is the budget enough? (a) Yes (b) No

Answer key

  1. a cash box
  2. 210
  3. True
  4. a price board
  5. 264
  6. 222
  7. ice
  8. a running cost
  9. a running cost
  10. 35
  11. 276
  12. True
  13. True
  14. a juicer
  15. 548
  16. paper cups
  17. a one-time cost
  18. a running cost
  19. True
  20. 40
  21. a running cost
  22. 710
  23. 20
  24. a cooler box
  25. ice
  26. 36
  27. True
  28. 60
  29. 298
  30. 25
  31. a one-time cost
  32. a one-time cost
  33. No
  34. 44
  35. 212
  36. True
  37. 6
  38. card paper
  39. True
  40. Yes

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