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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 664 · 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) paper cups (b) lemons (c) ice (d) a folding table
  2. 2.Riya plans to make 42 clay diyas. Each needs ₹6 of materials, and a banner costs ₹200 once. What total budget is needed (in ₹)?
  3. 3.True or false: “lemons” is a running cost. (a) False (b) True
  4. 4.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost
  5. 5.Riya has ₹80 to spend on packets of seeds. One packet of seeds costs ₹10. What is the greatest number of packets of seeds Riya can buy?
  6. 6.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  7. 7.Rohan has ₹160 to spend on packs of cups. One pack of cups costs ₹20. What is the greatest number of packs of cups Rohan can buy?
  8. 8.🔍 Which is the odd one out? (a) sugar (b) card paper (c) a cash box (d) lemons
  9. 9.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost
  10. 10.Which of these is a running cost? (a) a cloth banner (b) a cash box (c) lemons (d) a folding table
  11. 11.Ishaan plans to make 24 handmade cards. Each needs ₹5 of materials, and a banner costs ₹270 once. What total budget is needed (in ₹)?
  12. 12.📒 One-time cost or running cost: ice? (a) a running cost (b) a one-time cost
  13. 13.Dev has ₹450 to spend on sheets of card paper. One sheet of card paper costs ₹5. What is the greatest number of sheets of card paper Dev can buy?
  14. 14.Kabir has ₹300 to spend on packets of seeds. One packet of seeds costs ₹12. What is the greatest number of packets of seeds Kabir can buy?
  15. 15.Dev has ₹360 to spend on lemons. One lemon costs ₹12. What is the greatest number of lemons Dev can buy?
  16. 16.Which of these is a running cost? (a) sugar (b) a cash box (c) a folding table (d) a cloth banner
  17. 17.Which of these is a running cost? (a) a cash box (b) a folding table (c) a price board (d) ice
  18. 18.True or false: “seeds and soil” is a one-time cost. (a) True (b) False
  19. 19.Rohan plans to make 33 friendship bands. Each needs ₹10 of materials, and a banner costs ₹270 once. What total budget is needed (in ₹)?
  20. 20.Vihaan’s stall budget is ₹320. Seeds cost ₹20, card paper cost ₹120 and napkins cost ₹100. How many rupees of the budget are left?
  21. 21.Which of these is a one-time cost? (a) sugar (b) ice (c) a price board (d) seeds and soil
  22. 22.Ananya plans to make 35 handmade cards. Each needs ₹2 of materials, and a banner costs ₹50 once. What total budget is needed (in ₹)?
  23. 23.Lakshmi’s stall budget is ₹430. Lemons cost ₹100, a price board cost ₹110 and paper cups cost ₹120. How many rupees of the budget are left?
  24. 24.🔍 Which is the odd one out? (a) a cooler box (b) a juicer (c) a cloth banner (d) ice
  25. 25.Which of these is a one-time cost? (a) a cloth banner (b) card paper (c) paper cups (d) lemons
  26. 26.True or false: “a price board” is a running cost. (a) True (b) False
  27. 27.🔍 Which is the odd one out? (a) a price board (b) a juicer (c) sugar (d) a cooler box
  28. 28.True or false: “a cloth banner” is a running cost. (a) True (b) False
  29. 29.Which of these is a one-time cost? (a) a juicer (b) ice (c) card paper (d) lemons
  30. 30.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  31. 31.Meera has a budget of ₹500. The stock costs ₹80 and the stall fee is ₹420. Is the budget enough? (a) Yes (b) No
  32. 32.🔍 Which is the odd one out? (a) a cloth banner (b) ice (c) card paper (d) lemons
  33. 33.Ananya plans to make 33 bags of popcorn. Each needs ₹6 of materials, and a banner costs ₹50 once. What total budget is needed (in ₹)?
  34. 34.Riya has a budget of ₹800. The stock costs ₹80 and the stall fee is ₹690. Is the budget enough? (a) No (b) Yes
  35. 35.Farhan has a budget of ₹900. The stock costs ₹310 and the stall fee is ₹550. Is the budget enough? (a) Yes (b) No
  36. 36.Vihaan plans to make 35 potted plants. Each needs ₹10 of materials, and a banner costs ₹90 once. What total budget is needed (in ₹)?
  37. 37.Zoya has a budget of ₹700. The stock costs ₹220 and the stall fee is ₹490. Is the budget enough? (a) No (b) Yes
  38. 38.📒 One-time cost or running cost: seeds and soil? (a) a one-time cost (b) a running cost
  39. 39.Gurpreet has a budget of ₹500. The stock costs ₹230 and the stall fee is ₹290. Is the budget enough? (a) Yes (b) No
  40. 40.Kavya has ₹490 to spend on sheets of card paper. One sheet of card paper costs ₹4. What is the greatest number of sheets of card paper Kavya can buy?

Answer key

  1. a folding table
  2. 452
  3. True
  4. a one-time cost
  5. 8
  6. a one-time cost
  7. 8
  8. a cash box
  9. a one-time cost
  10. lemons
  11. 390
  12. a running cost
  13. 90
  14. 25
  15. 30
  16. sugar
  17. ice
  18. False
  19. 600
  20. 80
  21. a price board
  22. 120
  23. 100
  24. ice
  25. a cloth banner
  26. False
  27. sugar
  28. False
  29. a juicer
  30. a one-time cost
  31. Yes
  32. a cloth banner
  33. 248
  34. Yes
  35. Yes
  36. 440
  37. No
  38. a running cost
  39. No
  40. 122

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