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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 589 · 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.True or false: “lemons” is a one-time cost. (a) True (b) False
  2. 2.Which of these is a one-time cost? (a) card paper (b) sugar (c) lemons (d) a cash box
  3. 3.Ananya plans to make 17 jute bags. Each needs ₹3 of materials, and a banner costs ₹120 once. What total budget is needed (in ₹)?
  4. 4.🔍 Which is the odd one out? (a) a juicer (b) tea leaves and milk (c) a folding table (d) a cloth banner
  5. 5.Which of these is a running cost? (a) a cooler box (b) sugar (c) a cloth banner (d) a folding table
  6. 6.Gurpreet’s stall budget is ₹770. A price board cost ₹240, pots cost ₹120 and seeds cost ₹220. How many rupees of the budget are left?
  7. 7.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
  8. 8.Gurpreet has a budget of ₹1000. The stock costs ₹410 and the stall fee is ₹640. Is the budget enough? (a) No (b) Yes
  9. 9.Joseph’s stall budget is ₹580. Lemons cost ₹210, sugar cost ₹50 and paper cups cost ₹50. How many rupees of the budget are left?
  10. 10.Aarav’s stall budget is ₹580. Napkins cost ₹70, sugar cost ₹300 and ribbon cost ₹100. How many rupees of the budget are left?
  11. 11.Ishaan has ₹230 to spend on lemons. One lemon costs ₹4. What is the greatest number of lemons Ishaan can buy?
  12. 12.Riya plans to make 48 handmade cards. Each needs ₹4 of materials, and a banner costs ₹130 once. What total budget is needed (in ₹)?
  13. 13.True or false: “tea leaves and milk” is a one-time cost. (a) True (b) False
  14. 14.📒 One-time cost or running cost: paper cups? (a) a running cost (b) a one-time cost
  15. 15.Lakshmi has a budget of ₹800. The stock costs ₹390 and the stall fee is ₹360. Is the budget enough? (a) Yes (b) No
  16. 16.🔍 Which is the odd one out? (a) tea leaves and milk (b) paper cups (c) lemons (d) a folding table
  17. 17.Dev plans to make 22 bags of popcorn. Each needs ₹5 of materials, and a banner costs ₹160 once. What total budget is needed (in ₹)?
  18. 18.🔍 Which is the odd one out? (a) seeds and soil (b) a folding table (c) a juicer (d) a cooler box
  19. 19.📒 One-time cost or running cost: a price board? (a) a one-time cost (b) a running cost
  20. 20.Aarav’s stall budget is ₹550. A banner cost ₹60, lemons cost ₹120 and paper cups cost ₹280. How many rupees of the budget are left?
  21. 21.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  22. 22.📒 One-time cost or running cost: ice? (a) a running cost (b) a one-time cost
  23. 23.True or false: “a cloth banner” is a running cost. (a) True (b) False
  24. 24.Joseph’s stall budget is ₹530. Card paper cost ₹100, napkins cost ₹70 and seeds cost ₹70. How many rupees of the budget are left?
  25. 25.Which of these is a one-time cost? (a) card paper (b) sugar (c) tea leaves and milk (d) a folding table
  26. 26.📒 One-time cost or running cost: seeds and soil? (a) a running cost (b) a one-time cost
  27. 27.Lakshmi plans to make 13 paper bookmarks. Each needs ₹9 of materials, and a banner costs ₹280 once. What total budget is needed (in ₹)?
  28. 28.Kavya has ₹140 to spend on packs of cups. One pack of cups costs ₹10. What is the greatest number of packs of cups Kavya can buy?
  29. 29.Which of these is a one-time cost? (a) card paper (b) sugar (c) a price board (d) paper cups
  30. 30.Dev has ₹410 to spend on packs of cups. One pack of cups costs ₹20. What is the greatest number of packs of cups Dev can buy?
  31. 31.Rohan has ₹210 to spend on packets of seeds. One packet of seeds costs ₹6. What is the greatest number of packets of seeds Rohan can buy?
  32. 32.🔍 Which is the odd one out? (a) a cooler box (b) a cash box (c) lemons (d) a cloth banner
  33. 33.Farhan has a budget of ₹500. The stock costs ₹70 and the stall fee is ₹460. Is the budget enough? (a) No (b) Yes
  34. 34.🔍 Which is the odd one out? (a) seeds and soil (b) paper cups (c) a cooler box (d) lemons
  35. 35.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost
  36. 36.🔍 Which is the odd one out? (a) ice (b) a folding table (c) a juicer (d) a cloth banner
  37. 37.Kavya’s stall budget is ₹510. Card paper cost ₹20, lemons cost ₹230 and paper cups cost ₹80. How many rupees of the budget are left?
  38. 38.Which of these is a one-time cost? (a) card paper (b) a cloth banner (c) paper cups (d) ice
  39. 39.Saanvi has a budget of ₹500. The stock costs ₹190 and the stall fee is ₹300. Is the budget enough? (a) Yes (b) No
  40. 40.Riya has a budget of ₹700. The stock costs ₹310 and the stall fee is ₹420. Is the budget enough? (a) No (b) Yes

Answer key

  1. False
  2. a cash box
  3. 171
  4. tea leaves and milk
  5. sugar
  6. 190
  7. a running cost
  8. No
  9. 270
  10. 110
  11. 57
  12. 322
  13. False
  14. a running cost
  15. Yes
  16. a folding table
  17. 270
  18. seeds and soil
  19. a one-time cost
  20. 90
  21. a one-time cost
  22. a running cost
  23. False
  24. 290
  25. a folding table
  26. a running cost
  27. 397
  28. 14
  29. a price board
  30. 20
  31. 35
  32. lemons
  33. No
  34. a cooler box
  35. a one-time cost
  36. ice
  37. 180
  38. a cloth banner
  39. Yes
  40. No

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