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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 634 · 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 is the odd one out? (a) a cash box (b) a folding table (c) a cloth banner (d) seeds and soil
  2. 2.Kabir plans to make 29 friendship bands. Each needs ₹7 of materials, and a banner costs ₹110 once. What total budget is needed (in ₹)?
  3. 3.📒 One-time cost or running cost: a cloth banner? (a) a one-time cost (b) a running cost
  4. 4.Which of these is a running cost? (a) a juicer (b) ice (c) a folding table (d) a price board
  5. 5.📒 One-time cost or running cost: a cash box? (a) a one-time cost (b) a running cost
  6. 6.Which of these is a one-time cost? (a) a cloth banner (b) paper cups (c) card paper (d) ice
  7. 7.Which of these is a one-time cost? (a) ice (b) card paper (c) a folding table (d) lemons
  8. 8.Which of these is a one-time cost? (a) lemons (b) card paper (c) a price board (d) seeds and soil
  9. 9.Meera has a budget of ₹300. The stock costs ₹90 and the stall fee is ₹230. Is the budget enough? (a) No (b) Yes
  10. 10.Which of these is a running cost? (a) a cash box (b) a folding table (c) card paper (d) a juicer
  11. 11.🔍 Which is the odd one out? (a) tea leaves and milk (b) sugar (c) seeds and soil (d) a cooler box
  12. 12.True or false: “ice” is a one-time cost. (a) False (b) True
  13. 13.Lakshmi has ₹110 to spend on rolls of ribbon. One roll of ribbon costs ₹5. What is the greatest number of rolls of ribbon Lakshmi can buy?
  14. 14.Ishaan has a budget of ₹800. The stock costs ₹350 and the stall fee is ₹480. Is the budget enough? (a) No (b) Yes
  15. 15.Dev plans to make 41 potted plants. Each needs ₹7 of materials, and a banner costs ₹290 once. What total budget is needed (in ₹)?
  16. 16.Gurpreet has ₹60 to spend on sheets of card paper. One sheet of card paper costs ₹12. What is the greatest number of sheets of card paper Gurpreet can buy?
  17. 17.Ishaan’s stall budget is ₹670. A banner cost ₹40, sugar cost ₹130 and ribbon cost ₹220. How many rupees of the budget are left?
  18. 18.True or false: “seeds and soil” is a running cost. (a) True (b) False
  19. 19.Kabir has ₹50 to spend on packets of seeds. One packet of seeds costs ₹12. What is the greatest number of packets of seeds Kabir can buy?
  20. 20.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  21. 21.Which of these is a running cost? (a) a cloth banner (b) a cash box (c) a price board (d) paper cups
  22. 22.Kavya plans to make 46 cups of lemonade. Each needs ₹2 of materials, and a banner costs ₹290 once. What total budget is needed (in ₹)?
  23. 23.Ananya has ₹210 to spend on packets of seeds. One packet of seeds costs ₹8. What is the greatest number of packets of seeds Ananya can buy?
  24. 24.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
  25. 25.📒 One-time cost or running cost: tea leaves and milk? (a) a running cost (b) a one-time cost
  26. 26.Dev has ₹200 to spend on packs of cups. One pack of cups costs ₹6. What is the greatest number of packs of cups Dev can buy?
  27. 27.True or false: “sugar” is a running cost. (a) True (b) False
  28. 28.📒 One-time cost or running cost: paper cups? (a) a running cost (b) a one-time cost
  29. 29.Which of these is a running cost? (a) a cooler box (b) lemons (c) a price board (d) a folding table
  30. 30.True or false: “a cooler box” is a one-time cost. (a) True (b) False
  31. 31.True or false: “a juicer” is a running cost. (a) False (b) True
  32. 32.🔍 Which is the odd one out? (a) paper cups (b) card paper (c) a cash box (d) sugar
  33. 33.Rohan plans to make 28 cupcakes. Each needs ₹6 of materials, and a banner costs ₹170 once. What total budget is needed (in ₹)?
  34. 34.📒 One-time cost or running cost: ice? (a) a running cost (b) a one-time cost
  35. 35.True or false: “a price board” is a running cost. (a) True (b) False
  36. 36.Gurpreet plans to make 20 painted pebbles. Each needs ₹6 of materials, and a banner costs ₹130 once. What total budget is needed (in ₹)?
  37. 37.📒 One-time cost or running cost: a cooler box? (a) a one-time cost (b) a running cost
  38. 38.True or false: “sugar” is a one-time cost. (a) False (b) True
  39. 39.True or false: “a folding table” is a running cost. (a) False (b) True
  40. 40.Vihaan has a budget of ₹500. The stock costs ₹150 and the stall fee is ₹390. Is the budget enough? (a) Yes (b) No

Answer key

  1. seeds and soil
  2. 313
  3. a one-time cost
  4. ice
  5. a one-time cost
  6. a cloth banner
  7. a folding table
  8. a price board
  9. No
  10. card paper
  11. a cooler box
  12. False
  13. 22
  14. No
  15. 577
  16. 5
  17. 280
  18. True
  19. 4
  20. a one-time cost
  21. paper cups
  22. 382
  23. 26
  24. a one-time cost
  25. a running cost
  26. 33
  27. True
  28. a running cost
  29. lemons
  30. True
  31. False
  32. a cash box
  33. 338
  34. a running cost
  35. False
  36. 250
  37. a one-time cost
  38. False
  39. False
  40. No

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