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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 657 · 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.Gurpreet has a budget of ₹400. The stock costs ₹120 and the stall fee is ₹240. Is the budget enough? (a) Yes (b) No
  2. 2.Dev’s stall budget is ₹580. Pots cost ₹50, paper cups cost ₹80 and lemons cost ₹160. How many rupees of the budget are left?
  3. 3.Meera plans to make 37 clay diyas. Each needs ₹4 of materials, and a banner costs ₹170 once. What total budget is needed (in ₹)?
  4. 4.True or false: “sugar” is a one-time cost. (a) True (b) False
  5. 5.Which of these is a one-time cost? (a) tea leaves and milk (b) a juicer (c) paper cups (d) ice
  6. 6.Vihaan has ₹100 to spend on lemons. One lemon costs ₹6. What is the greatest number of lemons Vihaan can buy?
  7. 7.🔍 Which is the odd one out? (a) a cash box (b) a cloth banner (c) ice (d) a cooler box
  8. 8.Which of these is a one-time cost? (a) tea leaves and milk (b) seeds and soil (c) sugar (d) a cloth banner
  9. 9.📒 One-time cost or running cost: seeds and soil? (a) a one-time cost (b) a running cost
  10. 10.Ananya plans to make 18 clay diyas. Each needs ₹3 of materials, and a banner costs ₹220 once. What total budget is needed (in ₹)?
  11. 11.True or false: “seeds and soil” is a running cost. (a) True (b) False
  12. 12.🔍 Which is the odd one out? (a) paper cups (b) a juicer (c) seeds and soil (d) ice
  13. 13.True or false: “card paper” is a running cost. (a) False (b) True
  14. 14.📒 One-time cost or running cost: a cash box? (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.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  17. 17.True or false: “a cooler box” is a one-time cost. (a) False (b) True
  18. 18.Nisha has a budget of ₹500. The stock costs ₹140 and the stall fee is ₹340. Is the budget enough? (a) Yes (b) No
  19. 19.Meera’s stall budget is ₹400. Paper cups cost ₹90, seeds cost ₹40 and a banner cost ₹70. How many rupees of the budget are left?
  20. 20.Lakshmi has a budget of ₹1000. The stock costs ₹230 and the stall fee is ₹730. Is the budget enough? (a) No (b) Yes
  21. 21.📒 One-time cost or running cost: ice? (a) a one-time cost (b) a running cost
  22. 22.Saanvi plans to make 15 potted plants. Each needs ₹10 of materials, and a banner costs ₹230 once. What total budget is needed (in ₹)?
  23. 23.🔍 Which is the odd one out? (a) tea leaves and milk (b) lemons (c) card paper (d) a cash box
  24. 24.True or false: “a juicer” is a one-time cost. (a) True (b) False
  25. 25.True or false: “a cooler box” is a running cost. (a) False (b) True
  26. 26.Gurpreet’s stall budget is ₹320. Paper cups cost ₹70, ribbon cost ₹120 and pots cost ₹100. How many rupees of the budget are left?
  27. 27.🔍 Which is the odd one out? (a) a folding table (b) a cash box (c) sugar (d) a juicer
  28. 28.Which of these is a running cost? (a) a juicer (b) card paper (c) a folding table (d) a cash box
  29. 29.True or false: “a folding table” is a running cost. (a) False (b) True
  30. 30.Ananya has ₹50 to spend on packets of seeds. One packet of seeds costs ₹15. What is the greatest number of packets of seeds Ananya can buy?
  31. 31.True or false: “a cash box” is a running cost. (a) True (b) False
  32. 32.Which of these is a running cost? (a) paper cups (b) a price board (c) a cooler box (d) a cash box
  33. 33.Diya has a budget of ₹500. The stock costs ₹70 and the stall fee is ₹470. Is the budget enough? (a) Yes (b) No
  34. 34.Meera has ₹170 to spend on rolls of ribbon. One roll of ribbon costs ₹8. What is the greatest number of rolls of ribbon Meera can buy?
  35. 35.Which of these is a one-time cost? (a) card paper (b) a price board (c) seeds and soil (d) paper cups
  36. 36.Meera has ₹330 to spend on rolls of ribbon. One roll of ribbon costs ₹6. What is the greatest number of rolls of ribbon Meera can buy?
  37. 37.Saanvi has a budget of ₹700. The stock costs ₹60 and the stall fee is ₹640. Is the budget enough? (a) No (b) Yes
  38. 38.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost
  39. 39.Which of these is a one-time cost? (a) seeds and soil (b) sugar (c) a folding table (d) lemons
  40. 40.Kavya has ₹240 to spend on lemons. One lemon costs ₹6. What is the greatest number of lemons Kavya can buy?

Answer key

  1. Yes
  2. 290
  3. 318
  4. False
  5. a juicer
  6. 16
  7. ice
  8. a cloth banner
  9. a running cost
  10. 274
  11. True
  12. a juicer
  13. True
  14. a one-time cost
  15. a running cost
  16. a one-time cost
  17. True
  18. Yes
  19. 200
  20. Yes
  21. a running cost
  22. 380
  23. a cash box
  24. True
  25. False
  26. 30
  27. sugar
  28. card paper
  29. False
  30. 3
  31. False
  32. paper cups
  33. No
  34. 21
  35. a price board
  36. 55
  37. Yes
  38. a one-time cost
  39. a folding table
  40. 40

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