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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 564 · 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 of these is a one-time cost? (a) card paper (b) a cash box (c) ice (d) paper cups
  2. 2.Arjun plans to make 50 painted pebbles. Each needs ₹4 of materials, and a banner costs ₹70 once. What total budget is needed (in ₹)?
  3. 3.Kavya has a budget of ₹400. The stock costs ₹140 and the stall fee is ₹240. Is the budget enough? (a) Yes (b) No
  4. 4.Vihaan plans to make 17 handmade cards. Each needs ₹3 of materials, and a banner costs ₹290 once. What total budget is needed (in ₹)?
  5. 5.Arjun has ₹110 to spend on lemons. One lemon costs ₹5. What is the greatest number of lemons Arjun can buy?
  6. 6.Ishaan has ₹230 to spend on packets of seeds. One packet of seeds costs ₹6. What is the greatest number of packets of seeds Ishaan can buy?
  7. 7.🔍 Which is the odd one out? (a) tea leaves and milk (b) paper cups (c) lemons (d) a cloth banner
  8. 8.True or false: “tea leaves and milk” is a one-time cost. (a) True (b) False
  9. 9.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
  10. 10.Farhan plans to make 30 cups of lemonade. Each needs ₹9 of materials, and a banner costs ₹170 once. What total budget is needed (in ₹)?
  11. 11.Vihaan has ₹200 to spend on packets of seeds. One packet of seeds costs ₹8. What is the greatest number of packets of seeds Vihaan can buy?
  12. 12.🔍 Which is the odd one out? (a) a folding table (b) paper cups (c) card paper (d) seeds and soil
  13. 13.True or false: “a juicer” is a one-time cost. (a) False (b) True
  14. 14.Saanvi has a budget of ₹1000. The stock costs ₹50 and the stall fee is ₹900. Is the budget enough? (a) No (b) Yes
  15. 15.🔍 Which is the odd one out? (a) a folding table (b) a cooler box (c) a cloth banner (d) seeds and soil
  16. 16.📒 One-time cost or running cost: paper cups? (a) a one-time cost (b) a running cost
  17. 17.Which of these is a running cost? (a) a cooler box (b) a price board (c) a folding table (d) sugar
  18. 18.Tara’s stall budget is ₹470. A banner cost ₹170, ribbon cost ₹100 and card paper cost ₹50. How many rupees of the budget are left?
  19. 19.True or false: “sugar” is a one-time cost. (a) True (b) False
  20. 20.Nisha plans to make 10 potted plants. Each needs ₹8 of materials, and a banner costs ₹90 once. What total budget is needed (in ₹)?
  21. 21.Nisha plans to make 50 clay diyas. Each needs ₹8 of materials, and a banner costs ₹80 once. What total budget is needed (in ₹)?
  22. 22.True or false: “ice” is a one-time cost. (a) False (b) True
  23. 23.Vihaan’s stall budget is ₹830. Lemons cost ₹280, sugar cost ₹70 and ribbon cost ₹190. How many rupees of the budget are left?
  24. 24.Which of these is a one-time cost? (a) sugar (b) a juicer (c) ice (d) tea leaves and milk
  25. 25.Which of these is a running cost? (a) a price board (b) a cloth banner (c) a cooler box (d) seeds and soil
  26. 26.Ananya has ₹200 to spend on packets of seeds. One packet of seeds costs ₹20. What is the greatest number of packets of seeds Ananya can buy?
  27. 27.Ananya plans to make 39 bags of popcorn. Each needs ₹2 of materials, and a banner costs ₹280 once. What total budget is needed (in ₹)?
  28. 28.Meera plans to make 48 cups of lemonade. Each needs ₹9 of materials, and a banner costs ₹150 once. What total budget is needed (in ₹)?
  29. 29.Ishaan has ₹100 to spend on packets of seeds. One packet of seeds costs ₹4. What is the greatest number of packets of seeds Ishaan can buy?
  30. 30.Which of these is a running cost? (a) a price board (b) a cooler box (c) a cloth banner (d) tea leaves and milk
  31. 31.🔍 Which is the odd one out? (a) sugar (b) a folding table (c) a cash box (d) a cloth banner
  32. 32.Zoya has a budget of ₹400. The stock costs ₹90 and the stall fee is ₹300. Is the budget enough? (a) No (b) Yes
  33. 33.📒 One-time cost or running cost: lemons? (a) a one-time cost (b) a running cost
  34. 34.📒 One-time cost or running cost: seeds and soil? (a) a one-time cost (b) a running cost
  35. 35.Kabir’s stall budget is ₹900. Seeds cost ₹250, paper cups cost ₹110 and sugar cost ₹260. How many rupees of the budget are left?
  36. 36.Which of these is a running cost? (a) a price board (b) a cloth banner (c) a folding table (d) paper cups
  37. 37.Nisha plans to make 32 cupcakes. Each needs ₹7 of materials, and a banner costs ₹60 once. What total budget is needed (in ₹)?
  38. 38.🔍 Which is the odd one out? (a) tea leaves and milk (b) card paper (c) a cash box (d) paper cups
  39. 39.True or false: “card paper” is a one-time cost. (a) False (b) True
  40. 40.Ananya has a budget of ₹800. The stock costs ₹290 and the stall fee is ₹470. Is the budget enough? (a) Yes (b) No

Answer key

  1. a cash box
  2. 270
  3. Yes
  4. 341
  5. 22
  6. 38
  7. a cloth banner
  8. False
  9. a one-time cost
  10. 440
  11. 25
  12. a folding table
  13. True
  14. Yes
  15. seeds and soil
  16. a running cost
  17. sugar
  18. 150
  19. False
  20. 170
  21. 480
  22. False
  23. 290
  24. a juicer
  25. seeds and soil
  26. 10
  27. 358
  28. 582
  29. 25
  30. tea leaves and milk
  31. sugar
  32. Yes
  33. a running cost
  34. a running cost
  35. 280
  36. paper cups
  37. 284
  38. a cash box
  39. False
  40. Yes

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