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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 775 · 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.Lakshmi plans to make 26 fruit cups. Each needs ₹4 of materials, and a banner costs ₹260 once. What total budget is needed (in ₹)?
  2. 2.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  3. 3.🔍 Which is the odd one out? (a) seeds and soil (b) a cooler box (c) a folding table (d) a price board
  4. 4.Meera has a budget of ₹800. The stock costs ₹80 and the stall fee is ₹760. Is the budget enough? (a) No (b) Yes
  5. 5.🔍 Which is the odd one out? (a) a cooler box (b) card paper (c) a folding table (d) a cloth banner
  6. 6.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  7. 7.🔍 Which is the odd one out? (a) a cooler box (b) a juicer (c) sugar (d) a price board
  8. 8.True or false: “a folding table” is a running cost. (a) False (b) True
  9. 9.Vihaan plans to make 36 friendship bands. Each needs ₹3 of materials, and a banner costs ₹240 once. What total budget is needed (in ₹)?
  10. 10.Which of these is a running cost? (a) a cloth banner (b) paper cups (c) a cooler box (d) a cash box
  11. 11.True or false: “a juicer” is a one-time cost. (a) False (b) True
  12. 12.Dev has ₹340 to spend on rolls of ribbon. One roll of ribbon costs ₹15. What is the greatest number of rolls of ribbon Dev can buy?
  13. 13.Gurpreet has ₹370 to spend on rolls of ribbon. One roll of ribbon costs ₹4. What is the greatest number of rolls of ribbon Gurpreet can buy?
  14. 14.True or false: “a price board” is a one-time cost. (a) True (b) False
  15. 15.Riya has a budget of ₹600. The stock costs ₹60 and the stall fee is ₹540. Is the budget enough? (a) Yes (b) No
  16. 16.Which of these is a one-time cost? (a) seeds and soil (b) card paper (c) a price board (d) tea leaves and milk
  17. 17.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
  18. 18.Which of these is a running cost? (a) a folding table (b) a cash box (c) a cooler box (d) sugar
  19. 19.Gurpreet’s stall budget is ₹770. Ribbon cost ₹280, sugar cost ₹50 and a banner cost ₹250. How many rupees of the budget are left?
  20. 20.Which of these is a one-time cost? (a) paper cups (b) card paper (c) lemons (d) a juicer
  21. 21.True or false: “a folding table” is a one-time cost. (a) True (b) False
  22. 22.Kabir has ₹390 to spend on rolls of ribbon. One roll of ribbon costs ₹5. What is the greatest number of rolls of ribbon Kabir can buy?
  23. 23.📒 One-time cost or running cost: tea leaves and milk? (a) a running cost (b) a one-time cost
  24. 24.Kabir plans to make 29 potted plants. Each needs ₹5 of materials, and a banner costs ₹190 once. What total budget is needed (in ₹)?
  25. 25.True or false: “seeds and soil” is a running cost. (a) True (b) False
  26. 26.📒 One-time cost or running cost: seeds and soil? (a) a one-time cost (b) a running cost
  27. 27.Joseph’s stall budget is ₹610. Paper cups cost ₹260, napkins cost ₹70 and lemons cost ₹120. How many rupees of the budget are left?
  28. 28.Arjun has ₹60 to spend on lemons. One lemon costs ₹5. What is the greatest number of lemons Arjun can buy?
  29. 29.🔍 Which is the odd one out? (a) paper cups (b) ice (c) a folding table (d) card paper
  30. 30.True or false: “a cloth banner” is a one-time cost. (a) False (b) True
  31. 31.True or false: “a cooler box” is a running cost. (a) True (b) False
  32. 32.True or false: “a cash box” is a running cost. (a) False (b) True
  33. 33.📒 One-time cost or running cost: ice? (a) a one-time cost (b) a running cost
  34. 34.Arjun has a budget of ₹300. The stock costs ₹110 and the stall fee is ₹240. Is the budget enough? (a) No (b) Yes
  35. 35.Which of these is a running cost? (a) a folding table (b) a juicer (c) lemons (d) a cooler box
  36. 36.Joseph’s stall budget is ₹840. Paper cups cost ₹270, card paper cost ₹300 and napkins cost ₹40. How many rupees of the budget are left?
  37. 37.Which of these is a running cost? (a) a cooler box (b) a cash box (c) tea leaves and milk (d) a cloth banner
  38. 38.Kabir has a budget of ₹500. The stock costs ₹240 and the stall fee is ₹290. Is the budget enough? (a) No (b) Yes
  39. 39.🔍 Which is the odd one out? (a) lemons (b) a juicer (c) a cooler box (d) a price board
  40. 40.Which of these is a running cost? (a) a cooler box (b) a folding table (c) a juicer (d) card paper

Answer key

  1. 364
  2. a one-time cost
  3. seeds and soil
  4. No
  5. card paper
  6. a one-time cost
  7. sugar
  8. False
  9. 348
  10. paper cups
  11. True
  12. 22
  13. 92
  14. True
  15. Yes
  16. a price board
  17. a one-time cost
  18. sugar
  19. 190
  20. a juicer
  21. True
  22. 78
  23. a running cost
  24. 335
  25. True
  26. a running cost
  27. 160
  28. 12
  29. a folding table
  30. True
  31. False
  32. False
  33. a running cost
  34. No
  35. lemons
  36. 230
  37. tea leaves and milk
  38. No
  39. lemons
  40. card paper

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