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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 477 · 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.

NameDateTime takenScore ___ / 40
  1. 1.Ishaan plans to make 22 clay diyas. Each needs ₹10 of materials, and a banner costs ₹90 once. What total budget is needed (in ₹)?
  2. 2.📒 One-time cost or running cost: ice? (a) a one-time cost (b) a running cost
  3. 3.🔍 Which is the odd one out? (a) a cooler box (b) tea leaves and milk (c) a price board (d) a folding table
  4. 4.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  5. 5.Arjun plans to make 33 clay diyas. Each needs ₹3 of materials, and a banner costs ₹80 once. What total budget is needed (in ₹)?
  6. 6.🔍 Which is the odd one out? (a) sugar (b) paper cups (c) tea leaves and milk (d) a folding table
  7. 7.🔍 Which is the odd one out? (a) a cooler box (b) a folding table (c) lemons (d) a price board
  8. 8.Riya’s stall budget is ₹510. Paper cups cost ₹20, ribbon cost ₹190 and lemons cost ₹20. How many rupees of the budget are left?
  9. 9.Ishaan has ₹110 to spend on packs of cups. One pack of cups costs ₹8. What is the greatest number of packs of cups Ishaan can buy?
  10. 10.True or false: “a folding table” is a running cost. (a) False (b) True
  11. 11.Kabir has ₹370 to spend on rolls of ribbon. One roll of ribbon costs ₹6. What is the greatest number of rolls of ribbon Kabir can buy?
  12. 12.🔍 Which is the odd one out? (a) tea leaves and milk (b) ice (c) a cooler box (d) card paper
  13. 13.Tara’s stall budget is ₹600. A price board cost ₹220, seeds cost ₹90 and sugar cost ₹150. How many rupees of the budget are left?
  14. 14.Which of these is a one-time cost? (a) tea leaves and milk (b) seeds and soil (c) a juicer (d) paper cups
  15. 15.Rohan has ₹340 to spend on packets of seeds. One packet of seeds costs ₹10. What is the greatest number of packets of seeds Rohan can buy?
  16. 16.Vihaan has ₹130 to spend on packs of cups. One pack of cups costs ₹6. What is the greatest number of packs of cups Vihaan can buy?
  17. 17.True or false: “lemons” is a running cost. (a) False (b) True
  18. 18.Which of these is a running cost? (a) tea leaves and milk (b) a cooler box (c) a price board (d) a cloth banner
  19. 19.True or false: “a cloth banner” is a running cost. (a) True (b) False
  20. 20.Diya has ₹80 to spend on lemons. One lemon costs ₹4. What is the greatest number of lemons Diya can buy?
  21. 21.True or false: “ice” is a running cost. (a) True (b) False
  22. 22.Joseph’s stall budget is ₹730. Ribbon cost ₹150, a banner cost ₹250 and card paper cost ₹230. How many rupees of the budget are left?
  23. 23.Dev has ₹460 to spend on packs of cups. One pack of cups costs ₹5. What is the greatest number of packs of cups Dev can buy?
  24. 24.Which of these is a one-time cost? (a) card paper (b) paper cups (c) a cooler box (d) lemons
  25. 25.Nisha has ₹500 to spend on rolls of ribbon. One roll of ribbon costs ₹8. What is the greatest number of rolls of ribbon Nisha can buy?
  26. 26.🔍 Which is the odd one out? (a) ice (b) sugar (c) card paper (d) a cloth banner
  27. 27.Ananya plans to make 16 glasses of chai. Each needs ₹9 of materials, and a banner costs ₹280 once. What total budget is needed (in ₹)?
  28. 28.📒 One-time cost or running cost: paper cups? (a) a running cost (b) a one-time cost
  29. 29.Tara has a budget of ₹1000. The stock costs ₹140 and the stall fee is ₹870. Is the budget enough? (a) No (b) Yes
  30. 30.Which of these is a running cost? (a) a juicer (b) a folding table (c) paper cups (d) a price board
  31. 31.🔍 Which is the odd one out? (a) a price board (b) seeds and soil (c) lemons (d) tea leaves and milk
  32. 32.Farhan has a budget of ₹500. The stock costs ₹230 and the stall fee is ₹280. Is the budget enough? (a) No (b) Yes
  33. 33.Aarav’s stall budget is ₹370. Card paper cost ₹20, a banner cost ₹140 and ribbon cost ₹190. How many rupees of the budget are left?
  34. 34.Tara plans to make 36 potted plants. Each needs ₹3 of materials, and a banner costs ₹50 once. What total budget is needed (in ₹)?
  35. 35.True or false: “tea leaves and milk” is a one-time cost. (a) True (b) False
  36. 36.Diya has a budget of ₹700. The stock costs ₹220 and the stall fee is ₹520. Is the budget enough? (a) No (b) Yes
  37. 37.Dev plans to make 18 friendship bands. Each needs ₹2 of materials, and a banner costs ₹110 once. What total budget is needed (in ₹)?
  38. 38.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
  39. 39.Ishaan has a budget of ₹800. The stock costs ₹190 and the stall fee is ₹620. Is the budget enough? (a) Yes (b) No
  40. 40.🔍 Which is the odd one out? (a) a cooler box (b) a juicer (c) seeds and soil (d) a cash box

Answer key

  1. 310
  2. a running cost
  3. tea leaves and milk
  4. a one-time cost
  5. 179
  6. a folding table
  7. lemons
  8. 280
  9. 13
  10. False
  11. 61
  12. a cooler box
  13. 140
  14. a juicer
  15. 34
  16. 21
  17. True
  18. tea leaves and milk
  19. False
  20. 20
  21. True
  22. 100
  23. 92
  24. a cooler box
  25. 62
  26. a cloth banner
  27. 424
  28. a running cost
  29. No
  30. paper cups
  31. a price board
  32. No
  33. 20
  34. 158
  35. False
  36. No
  37. 146
  38. a one-time cost
  39. No
  40. seeds and soil

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