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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 508 · 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) tea leaves and milk (b) lemons (c) a cash box (d) card paper
  2. 2.Which of these is a running cost? (a) ice (b) a cloth banner (c) a cooler box (d) a cash box
  3. 3.Zoya’s stall budget is ₹930. A price board cost ₹290, lemons cost ₹90 and paper cups cost ₹260. How many rupees of the budget are left?
  4. 4.🔍 Which is the odd one out? (a) sugar (b) paper cups (c) a folding table (d) card paper
  5. 5.Ishaan has a budget of ₹500. The stock costs ₹60 and the stall fee is ₹410. Is the budget enough? (a) No (b) Yes
  6. 6.Aarav plans to make 45 paper bookmarks. Each needs ₹4 of materials, and a banner costs ₹270 once. What total budget is needed (in ₹)?
  7. 7.Which of these is a one-time cost? (a) tea leaves and milk (b) a price board (c) card paper (d) paper cups
  8. 8.Kavya plans to make 32 clay diyas. Each needs ₹9 of materials, and a banner costs ₹70 once. What total budget is needed (in ₹)?
  9. 9.Ishaan has ₹440 to spend on rolls of ribbon. One roll of ribbon costs ₹15. What is the greatest number of rolls of ribbon Ishaan can buy?
  10. 10.Arjun plans to make 13 paper bookmarks. Each needs ₹8 of materials, and a banner costs ₹190 once. What total budget is needed (in ₹)?
  11. 11.Arjun’s stall budget is ₹650. Lemons cost ₹80, seeds cost ₹190 and a price board cost ₹270. How many rupees of the budget are left?
  12. 12.Ishaan has ₹440 to spend on rolls of ribbon. One roll of ribbon costs ₹5. What is the greatest number of rolls of ribbon Ishaan can buy?
  13. 13.Aarav’s stall budget is ₹620. A banner cost ₹110, seeds cost ₹260 and pots cost ₹80. How many rupees of the budget are left?
  14. 14.📒 One-time cost or running cost: sugar? (a) a running cost (b) a one-time cost
  15. 15.True or false: “ice” is a running cost. (a) True (b) False
  16. 16.Meera plans to make 16 painted pebbles. Each needs ₹6 of materials, and a banner costs ₹70 once. What total budget is needed (in ₹)?
  17. 17.🔍 Which is the odd one out? (a) sugar (b) a price board (c) lemons (d) paper cups
  18. 18.True or false: “sugar” is a running cost. (a) False (b) True
  19. 19.Gurpreet plans to make 32 handmade cards. Each needs ₹4 of materials, and a banner costs ₹300 once. What total budget is needed (in ₹)?
  20. 20.Which of these is a running cost? (a) a folding table (b) a juicer (c) a price board (d) seeds and soil
  21. 21.Ananya’s stall budget is ₹730. Seeds cost ₹220, paper cups cost ₹280 and sugar cost ₹80. How many rupees of the budget are left?
  22. 22.📒 One-time cost or running cost: card paper? (a) a one-time cost (b) a running cost
  23. 23.True or false: “a folding table” is a running cost. (a) False (b) True
  24. 24.Lakshmi plans to make 22 clay diyas. Each needs ₹10 of materials, and a banner costs ₹230 once. What total budget is needed (in ₹)?
  25. 25.True or false: “seeds and soil” is a one-time cost. (a) True (b) False
  26. 26.Dev has ₹180 to spend on packets of seeds. One packet of seeds costs ₹8. What is the greatest number of packets of seeds Dev can buy?
  27. 27.🔍 Which is the odd one out? (a) card paper (b) lemons (c) a cloth banner (d) paper cups
  28. 28.🔍 Which is the odd one out? (a) a juicer (b) a cloth banner (c) a folding table (d) seeds and soil
  29. 29.Which of these is a running cost? (a) a cloth banner (b) tea leaves and milk (c) a folding table (d) a juicer
  30. 30.True or false: “paper cups” is a one-time cost. (a) True (b) False
  31. 31.Dev’s stall budget is ₹400. Lemons cost ₹130, napkins cost ₹80 and paper cups cost ₹130. How many rupees of the budget are left?
  32. 32.Which of these is a running cost? (a) a price board (b) a juicer (c) a cash box (d) sugar
  33. 33.Dev plans to make 30 cups of lemonade. Each needs ₹8 of materials, and a banner costs ₹280 once. What total budget is needed (in ₹)?
  34. 34.Ananya plans to make 32 clay diyas. Each needs ₹5 of materials, and a banner costs ₹200 once. What total budget is needed (in ₹)?
  35. 35.Zoya plans to make 49 jute bags. Each needs ₹2 of materials, and a banner costs ₹300 once. What total budget is needed (in ₹)?
  36. 36.Vihaan plans to make 22 fruit cups. Each needs ₹2 of materials, and a banner costs ₹60 once. What total budget is needed (in ₹)?
  37. 37.📒 One-time cost or running cost: a cooler box? (a) a one-time cost (b) a running cost
  38. 38.True or false: “a cash box” is a running cost. (a) True (b) False
  39. 39.Which of these is a one-time cost? (a) seeds and soil (b) card paper (c) a folding table (d) lemons
  40. 40.Ishaan has ₹50 to spend on packets of seeds. One packet of seeds costs ₹12. What is the greatest number of packets of seeds Ishaan can buy?

Answer key

  1. a cash box
  2. ice
  3. 290
  4. a folding table
  5. Yes
  6. 450
  7. a price board
  8. 358
  9. 29
  10. 294
  11. 110
  12. 88
  13. 170
  14. a running cost
  15. True
  16. 166
  17. a price board
  18. True
  19. 428
  20. seeds and soil
  21. 150
  22. a running cost
  23. False
  24. 450
  25. False
  26. 22
  27. a cloth banner
  28. seeds and soil
  29. tea leaves and milk
  30. False
  31. 60
  32. sugar
  33. 520
  34. 360
  35. 398
  36. 104
  37. a one-time cost
  38. False
  39. a folding table
  40. 4

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