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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 745 · 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: a cooler box? (a) a running cost (b) a one-time cost
  2. 2.Gurpreet plans to make 17 cupcakes. Each needs ₹10 of materials, and a banner costs ₹110 once. What total budget is needed (in ₹)?
  3. 3.Vihaan has ₹390 to spend on packets of seeds. One packet of seeds costs ₹5. What is the greatest number of packets of seeds Vihaan can buy?
  4. 4.Gurpreet’s stall budget is ₹510. Lemons cost ₹180, a banner cost ₹60 and a price board cost ₹20. How many rupees of the budget are left?
  5. 5.True or false: “a cash box” is a one-time cost. (a) False (b) True
  6. 6.Which of these is a one-time cost? (a) paper cups (b) a juicer (c) card paper (d) lemons
  7. 7.Riya has ₹90 to spend on lemons. One lemon costs ₹4. What is the greatest number of lemons Riya can buy?
  8. 8.Arjun has a budget of ₹700. The stock costs ₹180 and the stall fee is ₹550. Is the budget enough? (a) Yes (b) No
  9. 9.Meera has ₹160 to spend on lemons. One lemon costs ₹5. What is the greatest number of lemons Meera can buy?
  10. 10.Aarav has a budget of ₹800. The stock costs ₹340 and the stall fee is ₹470. Is the budget enough? (a) Yes (b) No
  11. 11.True or false: “seeds and soil” is a running cost. (a) False (b) True
  12. 12.Gurpreet plans to make 44 clay diyas. Each needs ₹3 of materials, and a banner costs ₹240 once. What total budget is needed (in ₹)?
  13. 13.Rohan’s stall budget is ₹670. A price board cost ₹50, seeds cost ₹110 and a banner cost ₹230. How many rupees of the budget are left?
  14. 14.Tara has ₹500 to spend on sheets of card paper. One sheet of card paper costs ₹4. What is the greatest number of sheets of card paper Tara can buy?
  15. 15.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  16. 16.🔍 Which is the odd one out? (a) a cooler box (b) a price board (c) a juicer (d) sugar
  17. 17.🔍 Which is the odd one out? (a) a folding table (b) a price board (c) a cash box (d) tea leaves and milk
  18. 18.True or false: “paper cups” is a one-time cost. (a) False (b) True
  19. 19.Ananya plans to make 50 fruit cups. Each needs ₹3 of materials, and a banner costs ₹280 once. What total budget is needed (in ₹)?
  20. 20.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
  21. 21.Ananya’s stall budget is ₹510. Sugar cost ₹60, lemons cost ₹20 and napkins cost ₹290. How many rupees of the budget are left?
  22. 22.True or false: “card paper” is a running cost. (a) False (b) True
  23. 23.True or false: “a price board” is a running cost. (a) True (b) False
  24. 24.Rohan plans to make 33 fruit cups. Each needs ₹2 of materials, and a banner costs ₹120 once. What total budget is needed (in ₹)?
  25. 25.🔍 Which is the odd one out? (a) a cloth banner (b) seeds and soil (c) a folding table (d) a price board
  26. 26.🔍 Which is the odd one out? (a) lemons (b) paper cups (c) a juicer (d) sugar
  27. 27.Kabir has a budget of ₹400. The stock costs ₹140 and the stall fee is ₹220. Is the budget enough? (a) No (b) Yes
  28. 28.Nisha has a budget of ₹300. The stock costs ₹60 and the stall fee is ₹230. Is the budget enough? (a) No (b) Yes
  29. 29.Which of these is a one-time cost? (a) lemons (b) card paper (c) a cloth banner (d) sugar
  30. 30.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
  31. 31.Ananya plans to make 19 handmade cards. Each needs ₹10 of materials, and a banner costs ₹220 once. What total budget is needed (in ₹)?
  32. 32.🔍 Which is the odd one out? (a) a folding table (b) paper cups (c) tea leaves and milk (d) sugar
  33. 33.🔍 Which is the odd one out? (a) a folding table (b) card paper (c) a price board (d) a cash box
  34. 34.True or false: “a folding table” is a one-time cost. (a) True (b) False
  35. 35.📒 One-time cost or running cost: sugar? (a) a one-time cost (b) a running cost
  36. 36.True or false: “a cloth banner” is a one-time cost. (a) False (b) True
  37. 37.Farhan has a budget of ₹600. The stock costs ₹120 and the stall fee is ₹480. Is the budget enough? (a) No (b) Yes
  38. 38.Lakshmi has a budget of ₹500. The stock costs ₹250 and the stall fee is ₹240. Is the budget enough? (a) No (b) Yes
  39. 39.Kavya has a budget of ₹900. The stock costs ₹350 and the stall fee is ₹520. Is the budget enough? (a) Yes (b) No
  40. 40.🔍 Which is the odd one out? (a) a folding table (b) a cloth banner (c) paper cups (d) a cooler box

Answer key

  1. a one-time cost
  2. 280
  3. 78
  4. 250
  5. True
  6. a juicer
  7. 22
  8. No
  9. 32
  10. No
  11. True
  12. 372
  13. 280
  14. 125
  15. a one-time cost
  16. sugar
  17. tea leaves and milk
  18. False
  19. 430
  20. a one-time cost
  21. 140
  22. True
  23. False
  24. 186
  25. seeds and soil
  26. a juicer
  27. Yes
  28. Yes
  29. a cloth banner
  30. a running cost
  31. 410
  32. a folding table
  33. card paper
  34. True
  35. a running cost
  36. True
  37. Yes
  38. Yes
  39. Yes
  40. paper cups

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