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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 562 · 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.Dev plans to make 40 handmade cards. Each needs ₹5 of materials, and a banner costs ₹160 once. What total budget is needed (in ₹)?
  2. 2.📒 One-time cost or running cost: sugar? (a) a one-time cost (b) a running cost
  3. 3.Dev has a budget of ₹600. The stock costs ₹110 and the stall fee is ₹470. Is the budget enough? (a) No (b) Yes
  4. 4.Which of these is a one-time cost? (a) seeds and soil (b) sugar (c) tea leaves and milk (d) a juicer
  5. 5.True or false: “lemons” is a one-time cost. (a) True (b) False
  6. 6.True or false: “tea leaves and milk” is a one-time cost. (a) True (b) False
  7. 7.True or false: “paper cups” is a one-time cost. (a) True (b) False
  8. 8.True or false: “a cloth banner” is a running cost. (a) True (b) False
  9. 9.True or false: “card paper” is a running cost. (a) True (b) False
  10. 10.📒 One-time cost or running cost: a cooler box? (a) a one-time cost (b) a running cost
  11. 11.Vihaan plans to make 25 glasses of chai. Each needs ₹2 of materials, and a banner costs ₹80 once. What total budget is needed (in ₹)?
  12. 12.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  13. 13.🔍 Which is the odd one out? (a) seeds and soil (b) a cooler box (c) a cash box (d) a folding table
  14. 14.📒 One-time cost or running cost: a price board? (a) a one-time cost (b) a running cost
  15. 15.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
  16. 16.Nisha has ₹200 to spend on rolls of ribbon. One roll of ribbon costs ₹20. What is the greatest number of rolls of ribbon Nisha can buy?
  17. 17.📒 One-time cost or running cost: paper cups? (a) a running cost (b) a one-time cost
  18. 18.Kabir plans to make 33 paper bookmarks. Each needs ₹7 of materials, and a banner costs ₹250 once. What total budget is needed (in ₹)?
  19. 19.Kabir’s stall budget is ₹440. A banner cost ₹60, seeds cost ₹210 and lemons cost ₹40. How many rupees of the budget are left?
  20. 20.📒 One-time cost or running cost: ice? (a) a running cost (b) a one-time cost
  21. 21.Saanvi has ₹480 to spend on sheets of card paper. One sheet of card paper costs ₹6. What is the greatest number of sheets of card paper Saanvi can buy?
  22. 22.Which of these is a one-time cost? (a) card paper (b) paper cups (c) lemons (d) a cloth banner
  23. 23.Vihaan has ₹180 to spend on lemons. One lemon costs ₹10. What is the greatest number of lemons Vihaan can buy?
  24. 24.📒 One-time cost or running cost: lemons? (a) a one-time cost (b) a running cost
  25. 25.Arjun has ₹480 to spend on lemons. One lemon costs ₹8. What is the greatest number of lemons Arjun can buy?
  26. 26.Which of these is a one-time cost? (a) a folding table (b) seeds and soil (c) sugar (d) lemons
  27. 27.Arjun has ₹210 to spend on lemons. One lemon costs ₹12. What is the greatest number of lemons Arjun can buy?
  28. 28.Which of these is a running cost? (a) a cooler box (b) a juicer (c) a price board (d) lemons
  29. 29.🔍 Which is the odd one out? (a) sugar (b) a price board (c) paper cups (d) lemons
  30. 30.Diya has a budget of ₹1000. The stock costs ₹460 and the stall fee is ₹550. Is the budget enough? (a) No (b) Yes
  31. 31.Vihaan plans to make 17 jute bags. Each needs ₹8 of materials, and a banner costs ₹50 once. What total budget is needed (in ₹)?
  32. 32.Zoya’s stall budget is ₹770. Pots cost ₹90, seeds cost ₹200 and sugar cost ₹220. How many rupees of the budget are left?
  33. 33.Kabir’s stall budget is ₹780. Pots cost ₹90, a price board cost ₹250 and lemons cost ₹260. How many rupees of the budget are left?
  34. 34.Which of these is a running cost? (a) a cooler box (b) a folding table (c) a cloth banner (d) card paper
  35. 35.🔍 Which is the odd one out? (a) a cash box (b) a juicer (c) ice (d) a folding table
  36. 36.Farhan plans to make 17 friendship bands. Each needs ₹3 of materials, and a banner costs ₹140 once. What total budget is needed (in ₹)?
  37. 37.🔍 Which is the odd one out? (a) card paper (b) tea leaves and milk (c) seeds and soil (d) a cash box
  38. 38.Which of these is a one-time cost? (a) lemons (b) sugar (c) card paper (d) a cooler box
  39. 39.True or false: “card paper” is a one-time cost. (a) True (b) False
  40. 40.Which of these is a one-time cost? (a) a price board (b) card paper (c) lemons (d) tea leaves and milk

Answer key

  1. 360
  2. a running cost
  3. Yes
  4. a juicer
  5. False
  6. False
  7. False
  8. False
  9. True
  10. a one-time cost
  11. 130
  12. a one-time cost
  13. seeds and soil
  14. a one-time cost
  15. a running cost
  16. 10
  17. a running cost
  18. 481
  19. 130
  20. a running cost
  21. 80
  22. a cloth banner
  23. 18
  24. a running cost
  25. 60
  26. a folding table
  27. 17
  28. lemons
  29. a price board
  30. No
  31. 186
  32. 260
  33. 180
  34. card paper
  35. ice
  36. 191
  37. a cash box
  38. a cooler box
  39. False
  40. a price board

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