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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 708 · 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: “paper cups” is a one-time cost. (a) False (b) True
  2. 2.Which of these is a running cost? (a) a cloth banner (b) lemons (c) a price board (d) a cash box
  3. 3.Aarav’s stall budget is ₹470. Seeds cost ₹280, pots cost ₹110 and a price board cost ₹70. How many rupees of the budget are left?
  4. 4.True or false: “a folding table” is a running cost. (a) True (b) False
  5. 5.True or false: “a cloth banner” is a running cost. (a) True (b) False
  6. 6.Vihaan’s stall budget is ₹720. Napkins cost ₹170, paper cups cost ₹170 and lemons cost ₹90. How many rupees of the budget are left?
  7. 7.Kabir has ₹170 to spend on sheets of card paper. One sheet of card paper costs ₹12. What is the greatest number of sheets of card paper Kabir can buy?
  8. 8.Rohan plans to make 24 jute bags. Each needs ₹6 of materials, and a banner costs ₹240 once. What total budget is needed (in ₹)?
  9. 9.🔍 Which is the odd one out? (a) paper cups (b) a juicer (c) lemons (d) seeds and soil
  10. 10.Aarav’s stall budget is ₹420. Pots cost ₹60, a price board cost ₹180 and paper cups cost ₹120. How many rupees of the budget are left?
  11. 11.🔍 Which is the odd one out? (a) ice (b) a cloth banner (c) card paper (d) seeds and soil
  12. 12.Which of these is a one-time cost? (a) sugar (b) a cloth banner (c) lemons (d) ice
  13. 13.📒 One-time cost or running cost: paper cups? (a) a running cost (b) a one-time cost
  14. 14.📒 One-time cost or running cost: seeds and soil? (a) a running cost (b) a one-time cost
  15. 15.Which of these is a one-time cost? (a) seeds and soil (b) lemons (c) ice (d) a price board
  16. 16.Ishaan plans to make 45 clay diyas. Each needs ₹5 of materials, and a banner costs ₹210 once. What total budget is needed (in ₹)?
  17. 17.🔍 Which is the odd one out? (a) a juicer (b) a price board (c) a cash box (d) sugar
  18. 18.Gurpreet has ₹50 to spend on packets of seeds. One packet of seeds costs ₹8. What is the greatest number of packets of seeds Gurpreet can buy?
  19. 19.📒 One-time cost or running cost: ice? (a) a running cost (b) a one-time cost
  20. 20.🔍 Which is the odd one out? (a) a price board (b) sugar (c) ice (d) seeds and soil
  21. 21.Aarav plans to make 44 fruit cups. Each needs ₹6 of materials, and a banner costs ₹270 once. What total budget is needed (in ₹)?
  22. 22.🔍 Which is the odd one out? (a) ice (b) a cooler box (c) sugar (d) tea leaves and milk
  23. 23.📒 One-time cost or running cost: a cash box? (a) a one-time cost (b) a running cost
  24. 24.Aarav plans to make 35 potted plants. Each needs ₹7 of materials, and a banner costs ₹200 once. What total budget is needed (in ₹)?
  25. 25.Ishaan has ₹470 to spend on packets of seeds. One packet of seeds costs ₹20. What is the greatest number of packets of seeds Ishaan can buy?
  26. 26.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
  27. 27.True or false: “lemons” is a running cost. (a) True (b) False
  28. 28.Dev’s stall budget is ₹540. Lemons cost ₹140, pots cost ₹110 and paper cups cost ₹90. How many rupees of the budget are left?
  29. 29.Joseph plans to make 39 handmade cards. Each needs ₹7 of materials, and a banner costs ₹160 once. What total budget is needed (in ₹)?
  30. 30.Saanvi plans to make 36 jute bags. Each needs ₹2 of materials, and a banner costs ₹190 once. What total budget is needed (in ₹)?
  31. 31.Nisha plans to make 49 bags of popcorn. Each needs ₹2 of materials, and a banner costs ₹200 once. What total budget is needed (in ₹)?
  32. 32.True or false: “seeds and soil” is a running cost. (a) True (b) False
  33. 33.Which of these is a one-time cost? (a) lemons (b) sugar (c) a cash box (d) card paper
  34. 34.🔍 Which is the odd one out? (a) a folding table (b) paper cups (c) lemons (d) tea leaves and milk
  35. 35.True or false: “a juicer” is a running cost. (a) False (b) True
  36. 36.Rohan’s stall budget is ₹560. A price board cost ₹90, pots cost ₹280 and card paper cost ₹150. How many rupees of the budget are left?
  37. 37.🔍 Which is the odd one out? (a) tea leaves and milk (b) a price board (c) a cloth banner (d) a cooler box
  38. 38.Which of these is a running cost? (a) a juicer (b) a folding table (c) a cash box (d) paper cups
  39. 39.Rohan has a budget of ₹300. The stock costs ₹60 and the stall fee is ₹230. Is the budget enough? (a) No (b) Yes
  40. 40.Which of these is a running cost? (a) tea leaves and milk (b) a cloth banner (c) a juicer (d) a price board

Answer key

  1. False
  2. lemons
  3. 10
  4. False
  5. False
  6. 290
  7. 14
  8. 384
  9. a juicer
  10. 60
  11. a cloth banner
  12. a cloth banner
  13. a running cost
  14. a running cost
  15. a price board
  16. 435
  17. sugar
  18. 6
  19. a running cost
  20. a price board
  21. 534
  22. a cooler box
  23. a one-time cost
  24. 445
  25. 23
  26. a one-time cost
  27. True
  28. 200
  29. 433
  30. 262
  31. 298
  32. True
  33. a cash box
  34. a folding table
  35. False
  36. 40
  37. tea leaves and milk
  38. paper cups
  39. Yes
  40. tea leaves and milk

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