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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 553 · 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.Rohan has a budget of ₹700. The stock costs ₹210 and the stall fee is ₹540. Is the budget enough? (a) Yes (b) No
  2. 2.Lakshmi plans to make 41 handmade cards. Each needs ₹8 of materials, and a banner costs ₹170 once. What total budget is needed (in ₹)?
  3. 3.🔍 Which is the odd one out? (a) a cooler box (b) a juicer (c) paper cups (d) a cloth banner
  4. 4.Kabir plans to make 38 friendship bands. Each needs ₹9 of materials, and a banner costs ₹70 once. What total budget is needed (in ₹)?
  5. 5.True or false: “card paper” is a one-time cost. (a) False (b) True
  6. 6.Which of these is a one-time cost? (a) ice (b) paper cups (c) a juicer (d) tea leaves and milk
  7. 7.🔍 Which is the odd one out? (a) sugar (b) ice (c) seeds and soil (d) a cash box
  8. 8.🔍 Which is the odd one out? (a) a price board (b) sugar (c) a cash box (d) a cloth banner
  9. 9.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
  10. 10.Which of these is a one-time cost? (a) tea leaves and milk (b) a cloth banner (c) paper cups (d) lemons
  11. 11.🔍 Which is the odd one out? (a) card paper (b) a cooler box (c) tea leaves and milk (d) sugar
  12. 12.Kavya plans to make 26 bags of popcorn. Each needs ₹6 of materials, and a banner costs ₹90 once. What total budget is needed (in ₹)?
  13. 13.🔍 Which is the odd one out? (a) card paper (b) a juicer (c) tea leaves and milk (d) seeds and soil
  14. 14.Which of these is a running cost? (a) a cash box (b) a price board (c) a cooler box (d) paper cups
  15. 15.Vihaan has ₹260 to spend on sheets of card paper. One sheet of card paper costs ₹20. What is the greatest number of sheets of card paper Vihaan can buy?
  16. 16.True or false: “a cloth banner” is a one-time cost. (a) True (b) False
  17. 17.Nisha has ₹470 to spend on packs of cups. One pack of cups costs ₹10. What is the greatest number of packs of cups Nisha can buy?
  18. 18.Arjun has a budget of ₹900. The stock costs ₹420 and the stall fee is ₹530. Is the budget enough? (a) Yes (b) No
  19. 19.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost
  20. 20.Joseph plans to make 15 glasses of chai. Each needs ₹10 of materials, and a banner costs ₹270 once. What total budget is needed (in ₹)?
  21. 21.🔍 Which is the odd one out? (a) a price board (b) a folding table (c) a cloth banner (d) tea leaves and milk
  22. 22.True or false: “ice” is a running cost. (a) False (b) True
  23. 23.True or false: “a price board” is a one-time cost. (a) True (b) False
  24. 24.Saanvi has a budget of ₹400. The stock costs ₹50 and the stall fee is ₹340. Is the budget enough? (a) No (b) Yes
  25. 25.Kabir has a budget of ₹600. The stock costs ₹100 and the stall fee is ₹450. Is the budget enough? (a) Yes (b) No
  26. 26.Which of these is a one-time cost? (a) a folding table (b) tea leaves and milk (c) ice (d) paper cups
  27. 27.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  28. 28.📒 One-time cost or running cost: paper cups? (a) a one-time cost (b) a running cost
  29. 29.Kabir has a budget of ₹800. The stock costs ₹60 and the stall fee is ₹780. Is the budget enough? (a) Yes (b) No
  30. 30.Diya has ₹360 to spend on packets of seeds. One packet of seeds costs ₹4. What is the greatest number of packets of seeds Diya can buy?
  31. 31.Kabir has ₹320 to spend on lemons. One lemon costs ₹10. What is the greatest number of lemons Kabir can buy?
  32. 32.🔍 Which is the odd one out? (a) tea leaves and milk (b) a folding table (c) ice (d) seeds and soil
  33. 33.True or false: “a folding table” is a one-time cost. (a) False (b) True
  34. 34.Which of these is a one-time cost? (a) a cooler box (b) seeds and soil (c) sugar (d) card paper
  35. 35.Meera plans to make 38 fruit cups. Each needs ₹4 of materials, and a banner costs ₹290 once. What total budget is needed (in ₹)?
  36. 36.Ishaan plans to make 23 fruit cups. Each needs ₹5 of materials, and a banner costs ₹290 once. What total budget is needed (in ₹)?
  37. 37.Aarav has ₹280 to spend on rolls of ribbon. One roll of ribbon costs ₹5. What is the greatest number of rolls of ribbon Aarav can buy?
  38. 38.📒 One-time cost or running cost: sugar? (a) a running cost (b) a one-time cost
  39. 39.True or false: “a juicer” is a running cost. (a) False (b) True
  40. 40.📒 One-time cost or running cost: card paper? (a) a one-time cost (b) a running cost

Answer key

  1. No
  2. 498
  3. paper cups
  4. 412
  5. False
  6. a juicer
  7. a cash box
  8. sugar
  9. a running cost
  10. a cloth banner
  11. a cooler box
  12. 246
  13. a juicer
  14. paper cups
  15. 13
  16. True
  17. 47
  18. No
  19. a one-time cost
  20. 420
  21. tea leaves and milk
  22. True
  23. True
  24. Yes
  25. Yes
  26. a folding table
  27. a one-time cost
  28. a running cost
  29. No
  30. 90
  31. 32
  32. a folding table
  33. True
  34. a cooler box
  35. 442
  36. 405
  37. 56
  38. a running cost
  39. False
  40. a running cost

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