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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 737 · 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: paper cups? (a) a running cost (b) a one-time cost
  2. 2.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
  3. 3.Nisha’s stall budget is ₹300. Pots cost ₹100, napkins cost ₹70 and a price board cost ₹80. How many rupees of the budget are left?
  4. 4.Dev plans to make 48 fruit cups. Each needs ₹9 of materials, and a banner costs ₹190 once. What total budget is needed (in ₹)?
  5. 5.🔍 Which is the odd one out? (a) a cloth banner (b) sugar (c) a juicer (d) a folding table
  6. 6.True or false: “a cash box” is a one-time cost. (a) False (b) True
  7. 7.True or false: “a price board” is a running cost. (a) False (b) True
  8. 8.🔍 Which is the odd one out? (a) a cooler box (b) a cash box (c) lemons (d) a folding table
  9. 9.Which of these is a running cost? (a) a cash box (b) a juicer (c) card paper (d) a price board
  10. 10.Vihaan has ₹440 to spend on sheets of card paper. One sheet of card paper costs ₹20. What is the greatest number of sheets of card paper Vihaan can buy?
  11. 11.Which of these is a one-time cost? (a) paper cups (b) a folding table (c) card paper (d) ice
  12. 12.True or false: “sugar” is a one-time cost. (a) False (b) True
  13. 13.Saanvi has a budget of ₹300. The stock costs ₹90 and the stall fee is ₹260. Is the budget enough? (a) Yes (b) No
  14. 14.Lakshmi’s stall budget is ₹810. Lemons cost ₹290, a price board cost ₹210 and sugar cost ₹90. How many rupees of the budget are left?
  15. 15.Lakshmi has a budget of ₹400. The stock costs ₹60 and the stall fee is ₹300. Is the budget enough? (a) Yes (b) No
  16. 16.Riya has a budget of ₹900. The stock costs ₹170 and the stall fee is ₹710. Is the budget enough? (a) Yes (b) No
  17. 17.Dev plans to make 17 clay diyas. Each needs ₹8 of materials, and a banner costs ₹290 once. What total budget is needed (in ₹)?
  18. 18.True or false: “lemons” is a one-time cost. (a) True (b) False
  19. 19.Which of these is a one-time cost? (a) tea leaves and milk (b) ice (c) paper cups (d) a juicer
  20. 20.Which of these is a one-time cost? (a) tea leaves and milk (b) a price board (c) seeds and soil (d) ice
  21. 21.Which of these is a one-time cost? (a) ice (b) tea leaves and milk (c) a cloth banner (d) lemons
  22. 22.Which of these is a running cost? (a) a cloth banner (b) a juicer (c) lemons (d) a cooler box
  23. 23.True or false: “paper cups” is a one-time cost. (a) False (b) True
  24. 24.Rohan plans to make 46 glasses of chai. Each needs ₹5 of materials, and a banner costs ₹70 once. What total budget is needed (in ₹)?
  25. 25.Kavya has ₹370 to spend on sheets of card paper. One sheet of card paper costs ₹10. What is the greatest number of sheets of card paper Kavya can buy?
  26. 26.Joseph plans to make 25 painted pebbles. Each needs ₹10 of materials, and a banner costs ₹80 once. What total budget is needed (in ₹)?
  27. 27.📒 One-time cost or running cost: seeds and soil? (a) a one-time cost (b) a running cost
  28. 28.True or false: “a folding table” is a running cost. (a) True (b) False
  29. 29.Dev has ₹100 to spend on lemons. One lemon costs ₹5. What is the greatest number of lemons Dev can buy?
  30. 30.📒 One-time cost or running cost: a price board? (a) a one-time cost (b) a running cost
  31. 31.Which of these is a running cost? (a) a cloth banner (b) paper cups (c) a cash box (d) a juicer
  32. 32.Kabir plans to make 49 paper bookmarks. Each needs ₹2 of materials, and a banner costs ₹140 once. What total budget is needed (in ₹)?
  33. 33.Meera has ₹180 to spend on packets of seeds. One packet of seeds costs ₹8. What is the greatest number of packets of seeds Meera can buy?
  34. 34.Riya has ₹400 to spend on packets of seeds. One packet of seeds costs ₹15. What is the greatest number of packets of seeds Riya can buy?
  35. 35.Tara’s stall budget is ₹780. A price board cost ₹210, card paper cost ₹280 and ribbon cost ₹90. How many rupees of the budget are left?
  36. 36.Kabir’s stall budget is ₹640. Sugar cost ₹110, card paper cost ₹190 and paper cups cost ₹80. How many rupees of the budget are left?
  37. 37.True or false: “ice” is a running cost. (a) True (b) False
  38. 38.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  39. 39.Farhan has a budget of ₹900. The stock costs ₹140 and the stall fee is ₹780. Is the budget enough? (a) No (b) Yes
  40. 40.Ishaan has a budget of ₹600. The stock costs ₹100 and the stall fee is ₹470. Is the budget enough? (a) No (b) Yes

Answer key

  1. a running cost
  2. a one-time cost
  3. 50
  4. 622
  5. sugar
  6. True
  7. False
  8. lemons
  9. card paper
  10. 22
  11. a folding table
  12. False
  13. No
  14. 220
  15. Yes
  16. Yes
  17. 426
  18. False
  19. a juicer
  20. a price board
  21. a cloth banner
  22. lemons
  23. False
  24. 300
  25. 37
  26. 330
  27. a running cost
  28. False
  29. 20
  30. a one-time cost
  31. paper cups
  32. 238
  33. 22
  34. 26
  35. 200
  36. 260
  37. True
  38. a one-time cost
  39. No
  40. Yes

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