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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 601 · 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.📒 One-time cost or running cost: card paper? (a) a running cost (b) a one-time cost
  2. 2.Zoya plans to make 13 clay diyas. Each needs ₹8 of materials, and a banner costs ₹290 once. What total budget is needed (in ₹)?
  3. 3.Joseph has a budget of ₹700. The stock costs ₹130 and the stall fee is ₹620. Is the budget enough? (a) Yes (b) No
  4. 4.📒 One-time cost or running cost: paper cups? (a) a one-time cost (b) a running cost
  5. 5.Ananya’s stall budget is ₹440. Paper cups cost ₹20, ribbon cost ₹130 and a banner cost ₹260. How many rupees of the budget are left?
  6. 6.Kavya’s stall budget is ₹520. Sugar cost ₹220, paper cups cost ₹180 and a price board cost ₹100. How many rupees of the budget are left?
  7. 7.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
  8. 8.🔍 Which is the odd one out? (a) a cooler box (b) sugar (c) a cash box (d) a price board
  9. 9.Rohan plans to make 41 bags of popcorn. Each needs ₹4 of materials, and a banner costs ₹50 once. What total budget is needed (in ₹)?
  10. 10.Which of these is a one-time cost? (a) ice (b) tea leaves and milk (c) seeds and soil (d) a folding table
  11. 11.Kavya plans to make 16 handmade cards. Each needs ₹3 of materials, and a banner costs ₹230 once. What total budget is needed (in ₹)?
  12. 12.📒 One-time cost or running cost: tea leaves and milk? (a) a running cost (b) a one-time cost
  13. 13.Meera’s stall budget is ₹340. Sugar cost ₹140, lemons cost ₹140 and napkins cost ₹30. How many rupees of the budget are left?
  14. 14.Tara plans to make 24 paper bookmarks. Each needs ₹7 of materials, and a banner costs ₹290 once. What total budget is needed (in ₹)?
  15. 15.Farhan has a budget of ₹500. The stock costs ₹50 and the stall fee is ₹490. Is the budget enough? (a) Yes (b) No
  16. 16.Which of these is a running cost? (a) a juicer (b) a price board (c) a folding table (d) paper cups
  17. 17.Which of these is a running cost? (a) seeds and soil (b) a cooler box (c) a cash box (d) a price board
  18. 18.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost
  19. 19.True or false: “ice” is a one-time cost. (a) True (b) False
  20. 20.📒 One-time cost or running cost: lemons? (a) a one-time cost (b) a running cost
  21. 21.Which of these is a running cost? (a) a folding table (b) a cloth banner (c) a cooler box (d) tea leaves and milk
  22. 22.🔍 Which is the odd one out? (a) a juicer (b) a cooler box (c) a folding table (d) ice
  23. 23.📒 One-time cost or running cost: a cloth banner? (a) a one-time cost (b) a running cost
  24. 24.📒 One-time cost or running cost: a cash box? (a) a one-time cost (b) a running cost
  25. 25.True or false: “a cash box” is a one-time cost. (a) True (b) False
  26. 26.True or false: “card paper” is a running cost. (a) True (b) False
  27. 27.📒 One-time cost or running cost: ice? (a) a running cost (b) a one-time cost
  28. 28.Ishaan plans to make 16 friendship bands. Each needs ₹8 of materials, and a banner costs ₹50 once. What total budget is needed (in ₹)?
  29. 29.True or false: “seeds and soil” is a one-time cost. (a) True (b) False
  30. 30.Which of these is a one-time cost? (a) paper cups (b) a cloth banner (c) card paper (d) tea leaves and milk
  31. 31.🔍 Which is the odd one out? (a) a price board (b) a folding table (c) a juicer (d) seeds and soil
  32. 32.Meera has ₹230 to spend on packs of cups. One pack of cups costs ₹6. What is the greatest number of packs of cups Meera can buy?
  33. 33.Ishaan has ₹410 to spend on rolls of ribbon. One roll of ribbon costs ₹15. What is the greatest number of rolls of ribbon Ishaan can buy?
  34. 34.🔍 Which is the odd one out? (a) lemons (b) a price board (c) paper cups (d) sugar
  35. 35.🔍 Which is the odd one out? (a) a cash box (b) a folding table (c) lemons (d) a price board
  36. 36.Joseph’s stall budget is ₹460. Pots cost ₹260, ribbon cost ₹40 and napkins cost ₹50. How many rupees of the budget are left?
  37. 37.Vihaan plans to make 28 friendship bands. Each needs ₹5 of materials, and a banner costs ₹80 once. What total budget is needed (in ₹)?
  38. 38.Aarav plans to make 45 potted plants. Each needs ₹10 of materials, and a banner costs ₹180 once. What total budget is needed (in ₹)?
  39. 39.True or false: “sugar” is a running cost. (a) True (b) False
  40. 40.Which of these is a one-time cost? (a) a juicer (b) card paper (c) tea leaves and milk (d) ice

Answer key

  1. a running cost
  2. 394
  3. No
  4. a running cost
  5. 30
  6. 20
  7. a one-time cost
  8. sugar
  9. 214
  10. a folding table
  11. 278
  12. a running cost
  13. 30
  14. 458
  15. No
  16. paper cups
  17. seeds and soil
  18. a one-time cost
  19. False
  20. a running cost
  21. tea leaves and milk
  22. ice
  23. a one-time cost
  24. a one-time cost
  25. True
  26. True
  27. a running cost
  28. 178
  29. False
  30. a cloth banner
  31. seeds and soil
  32. 38
  33. 27
  34. a price board
  35. lemons
  36. 110
  37. 220
  38. 630
  39. True
  40. a juicer

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