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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 814 · 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.Arjun has a budget of ₹400. The stock costs ₹110 and the stall fee is ₹310. Is the budget enough? (a) Yes (b) No
  2. 2.🔍 Which is the odd one out? (a) sugar (b) card paper (c) lemons (d) a cloth banner
  3. 3.Dev has ₹190 to spend on packets of seeds. One packet of seeds costs ₹20. What is the greatest number of packets of seeds Dev can buy?
  4. 4.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  5. 5.True or false: “a cloth banner” is a running cost. (a) True (b) False
  6. 6.Dev has ₹70 to spend on lemons. One lemon costs ₹4. What is the greatest number of lemons Dev can buy?
  7. 7.Farhan has ₹290 to spend on lemons. One lemon costs ₹4. What is the greatest number of lemons Farhan can buy?
  8. 8.📒 One-time cost or running cost: a price board? (a) a one-time cost (b) a running cost
  9. 9.Which of these is a one-time cost? (a) paper cups (b) ice (c) seeds and soil (d) a cloth banner
  10. 10.📒 One-time cost or running cost: card paper? (a) a one-time cost (b) a running cost
  11. 11.Vihaan plans to make 40 potted plants. Each needs ₹8 of materials, and a banner costs ₹150 once. What total budget is needed (in ₹)?
  12. 12.🔍 Which is the odd one out? (a) tea leaves and milk (b) a cloth banner (c) a cash box (d) a juicer
  13. 13.True or false: “seeds and soil” is a running cost. (a) False (b) True
  14. 14.Which of these is a one-time cost? (a) seeds and soil (b) a price board (c) sugar (d) tea leaves and milk
  15. 15.📒 One-time cost or running cost: sugar? (a) a running cost (b) a one-time cost
  16. 16.Arjun has a budget of ₹900. The stock costs ₹260 and the stall fee is ₹610. Is the budget enough? (a) No (b) Yes
  17. 17.Meera’s stall budget is ₹420. Ribbon cost ₹70, lemons cost ₹30 and a banner cost ₹180. How many rupees of the budget are left?
  18. 18.Aarav plans to make 38 jute bags. Each needs ₹8 of materials, and a banner costs ₹120 once. What total budget is needed (in ₹)?
  19. 19.Which of these is a one-time cost? (a) ice (b) a juicer (c) paper cups (d) card paper
  20. 20.Dev’s stall budget is ₹550. Paper cups cost ₹120, a price board cost ₹60 and card paper cost ₹110. How many rupees of the budget are left?
  21. 21.Dev plans to make 37 cupcakes. Each needs ₹2 of materials, and a banner costs ₹280 once. What total budget is needed (in ₹)?
  22. 22.Which of these is a running cost? (a) a price board (b) sugar (c) a folding table (d) a cash box
  23. 23.Tara plans to make 34 potted plants. Each needs ₹2 of materials, and a banner costs ₹260 once. What total budget is needed (in ₹)?
  24. 24.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
  25. 25.🔍 Which is the odd one out? (a) tea leaves and milk (b) a juicer (c) sugar (d) paper cups
  26. 26.Aarav has ₹240 to spend on rolls of ribbon. One roll of ribbon costs ₹10. What is the greatest number of rolls of ribbon Aarav can buy?
  27. 27.📒 One-time cost or running cost: ice? (a) a one-time cost (b) a running cost
  28. 28.True or false: “a cooler box” is a one-time cost. (a) True (b) False
  29. 29.Which of these is a one-time cost? (a) card paper (b) lemons (c) a cooler box (d) paper cups
  30. 30.True or false: “card paper” is a running cost. (a) False (b) True
  31. 31.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  32. 32.Joseph has a budget of ₹700. The stock costs ₹180 and the stall fee is ₹490. Is the budget enough? (a) No (b) Yes
  33. 33.Joseph’s stall budget is ₹480. Sugar cost ₹130, ribbon cost ₹90 and a banner cost ₹90. How many rupees of the budget are left?
  34. 34.Vihaan plans to make 49 glasses of chai. Each needs ₹2 of materials, and a banner costs ₹160 once. What total budget is needed (in ₹)?
  35. 35.Vihaan plans to make 36 cupcakes. Each needs ₹4 of materials, and a banner costs ₹230 once. What total budget is needed (in ₹)?
  36. 36.Aarav has a budget of ₹600. The stock costs ₹70 and the stall fee is ₹570. Is the budget enough? (a) Yes (b) No
  37. 37.🔍 Which is the odd one out? (a) a cash box (b) a cooler box (c) a juicer (d) card paper
  38. 38.🔍 Which is the odd one out? (a) a folding table (b) seeds and soil (c) a price board (d) a cash box
  39. 39.Kabir plans to make 31 painted pebbles. Each needs ₹3 of materials, and a banner costs ₹120 once. What total budget is needed (in ₹)?
  40. 40.Vihaan has ₹130 to spend on packets of seeds. One packet of seeds costs ₹5. What is the greatest number of packets of seeds Vihaan can buy?

Answer key

  1. No
  2. a cloth banner
  3. 9
  4. a one-time cost
  5. False
  6. 17
  7. 72
  8. a one-time cost
  9. a cloth banner
  10. a running cost
  11. 470
  12. tea leaves and milk
  13. True
  14. a price board
  15. a running cost
  16. Yes
  17. 140
  18. 424
  19. a juicer
  20. 260
  21. 354
  22. sugar
  23. 328
  24. a one-time cost
  25. a juicer
  26. 24
  27. a running cost
  28. True
  29. a cooler box
  30. True
  31. a one-time cost
  32. Yes
  33. 170
  34. 258
  35. 374
  36. No
  37. card paper
  38. seeds and soil
  39. 213
  40. 26

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