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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 530 · 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.Ishaan plans to make 34 handmade cards. Each needs ₹4 of materials, and a banner costs ₹50 once. What total budget is needed (in ₹)?
  2. 2.True or false: “ice” is a running cost. (a) True (b) False
  3. 3.Aarav has ₹500 to spend on packets of seeds. One packet of seeds costs ₹10. What is the greatest number of packets of seeds Aarav can buy?
  4. 4.Arjun’s stall budget is ₹950. Pots cost ₹280, a banner cost ₹220 and a price board cost ₹300. How many rupees of the budget are left?
  5. 5.📒 One-time cost or running cost: paper cups? (a) a one-time cost (b) a running cost
  6. 6.Ananya’s stall budget is ₹870. Card paper cost ₹210, a price board cost ₹260 and pots cost ₹270. How many rupees of the budget are left?
  7. 7.Which of these is a one-time cost? (a) paper cups (b) sugar (c) ice (d) a juicer
  8. 8.True or false: “tea leaves and milk” is a running cost. (a) True (b) False
  9. 9.Which of these is a one-time cost? (a) tea leaves and milk (b) a price board (c) ice (d) sugar
  10. 10.🔍 Which is the odd one out? (a) a cooler box (b) a folding table (c) paper cups (d) a cloth banner
  11. 11.📒 One-time cost or running cost: a cash box? (a) a one-time cost (b) a running cost
  12. 12.Arjun has ₹260 to spend on sheets of card paper. One sheet of card paper costs ₹15. What is the greatest number of sheets of card paper Arjun can buy?
  13. 13.Which of these is a one-time cost? (a) ice (b) tea leaves and milk (c) a cloth banner (d) seeds and soil
  14. 14.Meera has a budget of ₹800. The stock costs ₹290 and the stall fee is ₹500. Is the budget enough? (a) Yes (b) No
  15. 15.True or false: “a juicer” is a running cost. (a) True (b) False
  16. 16.True or false: “tea leaves and milk” is a one-time cost. (a) True (b) False
  17. 17.Which of these is a one-time cost? (a) ice (b) a folding table (c) paper cups (d) lemons
  18. 18.Riya has a budget of ₹1000. The stock costs ₹130 and the stall fee is ₹900. Is the budget enough? (a) Yes (b) No
  19. 19.🔍 Which is the odd one out? (a) a cash box (b) tea leaves and milk (c) a cloth banner (d) a price board
  20. 20.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost
  21. 21.Saanvi plans to make 46 jute bags. Each needs ₹3 of materials, and a banner costs ₹90 once. What total budget is needed (in ₹)?
  22. 22.True or false: “card paper” is a running cost. (a) False (b) True
  23. 23.Vihaan has ₹360 to spend on packs of cups. One pack of cups costs ₹10. What is the greatest number of packs of cups Vihaan can buy?
  24. 24.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  25. 25.True or false: “seeds and soil” is a running cost. (a) False (b) True
  26. 26.Arjun has ₹140 to spend on sheets of card paper. One sheet of card paper costs ₹15. What is the greatest number of sheets of card paper Arjun can buy?
  27. 27.Lakshmi has a budget of ₹800. The stock costs ₹160 and the stall fee is ₹620. Is the budget enough? (a) Yes (b) No
  28. 28.Which of these is a one-time cost? (a) seeds and soil (b) a cooler box (c) paper cups (d) card paper
  29. 29.True or false: “a folding table” is a one-time cost. (a) False (b) True
  30. 30.🔍 Which is the odd one out? (a) a cooler box (b) a cloth banner (c) ice (d) a folding table
  31. 31.Riya has a budget of ₹1000. The stock costs ₹360 and the stall fee is ₹680. Is the budget enough? (a) No (b) Yes
  32. 32.Aarav has ₹500 to spend on packs of cups. One pack of cups costs ₹4. What is the greatest number of packs of cups Aarav can buy?
  33. 33.Diya has ₹380 to spend on packets of seeds. One packet of seeds costs ₹8. What is the greatest number of packets of seeds Diya can buy?
  34. 34.📒 One-time cost or running cost: sugar? (a) a running cost (b) a one-time cost
  35. 35.🔍 Which is the odd one out? (a) lemons (b) card paper (c) paper cups (d) a cash box
  36. 36.🔍 Which is the odd one out? (a) paper cups (b) seeds and soil (c) a folding table (d) card paper
  37. 37.True or false: “paper cups” is a running cost. (a) False (b) True
  38. 38.Gurpreet has ₹190 to spend on packets of seeds. One packet of seeds costs ₹15. What is the greatest number of packets of seeds Gurpreet can buy?
  39. 39.Vihaan has a budget of ₹300. The stock costs ₹110 and the stall fee is ₹220. Is the budget enough? (a) Yes (b) No
  40. 40.Kavya has a budget of ₹900. The stock costs ₹290 and the stall fee is ₹560. Is the budget enough? (a) No (b) Yes

Answer key

  1. 186
  2. True
  3. 50
  4. 150
  5. a running cost
  6. 130
  7. a juicer
  8. True
  9. a price board
  10. paper cups
  11. a one-time cost
  12. 17
  13. a cloth banner
  14. Yes
  15. False
  16. False
  17. a folding table
  18. No
  19. tea leaves and milk
  20. a one-time cost
  21. 228
  22. True
  23. 36
  24. a one-time cost
  25. True
  26. 9
  27. Yes
  28. a cooler box
  29. True
  30. ice
  31. No
  32. 125
  33. 47
  34. a running cost
  35. a cash box
  36. a folding table
  37. True
  38. 12
  39. No
  40. Yes

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