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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 844 · 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 juicer? (a) a one-time cost (b) a running cost
  2. 2.Vihaan plans to make 18 bags of popcorn. Each needs ₹3 of materials, and a banner costs ₹150 once. What total budget is needed (in ₹)?
  3. 3.🔍 Which is the odd one out? (a) a cash box (b) a folding table (c) paper cups (d) a cooler box
  4. 4.Which of these is a running cost? (a) a cooler box (b) a cash box (c) ice (d) a cloth banner
  5. 5.True or false: “a cooler box” is a running cost. (a) True (b) False
  6. 6.🔍 Which is the odd one out? (a) ice (b) a cooler box (c) lemons (d) card paper
  7. 7.🔍 Which is the odd one out? (a) a juicer (b) a cloth banner (c) a cooler box (d) ice
  8. 8.Diya plans to make 11 friendship bands. Each needs ₹2 of materials, and a banner costs ₹70 once. What total budget is needed (in ₹)?
  9. 9.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  10. 10.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  11. 11.Kabir has ₹190 to spend on lemons. One lemon costs ₹8. What is the greatest number of lemons Kabir can buy?
  12. 12.Which of these is a running cost? (a) a price board (b) a cooler box (c) a cash box (d) sugar
  13. 13.Which of these is a running cost? (a) a price board (b) tea leaves and milk (c) a cooler box (d) a cash box
  14. 14.Which of these is a one-time cost? (a) paper cups (b) ice (c) tea leaves and milk (d) a folding table
  15. 15.🔍 Which is the odd one out? (a) sugar (b) paper cups (c) seeds and soil (d) a cash box
  16. 16.True or false: “card paper” is a running cost. (a) False (b) True
  17. 17.Rohan has ₹160 to spend on packets of seeds. One packet of seeds costs ₹5. What is the greatest number of packets of seeds Rohan can buy?
  18. 18.Meera’s stall budget is ₹740. A banner cost ₹140, card paper cost ₹220 and ribbon cost ₹300. How many rupees of the budget are left?
  19. 19.Gurpreet’s stall budget is ₹820. A price board cost ₹70, a banner cost ₹230 and lemons cost ₹290. How many rupees of the budget are left?
  20. 20.📒 One-time cost or running cost: tea leaves and milk? (a) a running cost (b) a one-time cost
  21. 21.True or false: “a juicer” is a one-time cost. (a) False (b) True
  22. 22.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost
  23. 23.Joseph has a budget of ₹400. The stock costs ₹150 and the stall fee is ₹280. Is the budget enough? (a) No (b) Yes
  24. 24.🔍 Which is the odd one out? (a) lemons (b) seeds and soil (c) a folding table (d) paper cups
  25. 25.True or false: “a folding table” is a one-time cost. (a) False (b) True
  26. 26.Which of these is a running cost? (a) a cloth banner (b) paper cups (c) a folding table (d) a price board
  27. 27.Arjun plans to make 21 handmade cards. Each needs ₹3 of materials, and a banner costs ₹60 once. What total budget is needed (in ₹)?
  28. 28.🔍 Which is the odd one out? (a) sugar (b) seeds and soil (c) a price board (d) paper cups
  29. 29.Diya has a budget of ₹300. The stock costs ₹130 and the stall fee is ₹130. Is the budget enough? (a) Yes (b) No
  30. 30.Aarav has a budget of ₹300. The stock costs ₹120 and the stall fee is ₹170. Is the budget enough? (a) Yes (b) No
  31. 31.Diya plans to make 47 glasses of chai. Each needs ₹7 of materials, and a banner costs ₹130 once. What total budget is needed (in ₹)?
  32. 32.📒 One-time cost or running cost: paper cups? (a) a running cost (b) a one-time cost
  33. 33.Dev has ₹500 to spend on packs of cups. One pack of cups costs ₹12. What is the greatest number of packs of cups Dev can buy?
  34. 34.Which of these is a one-time cost? (a) paper cups (b) ice (c) a cloth banner (d) lemons
  35. 35.Gurpreet has ₹190 to spend on lemons. One lemon costs ₹5. What is the greatest number of lemons Gurpreet can buy?
  36. 36.🔍 Which is the odd one out? (a) card paper (b) a cloth banner (c) lemons (d) seeds and soil
  37. 37.📒 One-time cost or running cost: sugar? (a) a one-time cost (b) a running cost
  38. 38.Which of these is a one-time cost? (a) seeds and soil (b) lemons (c) a price board (d) card paper
  39. 39.Zoya has ₹300 to spend on packs of cups. One pack of cups costs ₹10. What is the greatest number of packs of cups Zoya can buy?
  40. 40.📒 One-time cost or running cost: ice? (a) a one-time cost (b) a running cost

Answer key

  1. a one-time cost
  2. 204
  3. paper cups
  4. ice
  5. False
  6. a cooler box
  7. ice
  8. 92
  9. a one-time cost
  10. a one-time cost
  11. 23
  12. sugar
  13. tea leaves and milk
  14. a folding table
  15. a cash box
  16. True
  17. 32
  18. 80
  19. 230
  20. a running cost
  21. True
  22. a one-time cost
  23. No
  24. a folding table
  25. True
  26. paper cups
  27. 123
  28. a price board
  29. Yes
  30. Yes
  31. 459
  32. a running cost
  33. 41
  34. a cloth banner
  35. 38
  36. a cloth banner
  37. a running cost
  38. a price board
  39. 30
  40. a running cost

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