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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 876 · 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: ice? (a) a one-time cost (b) a running cost
  2. 2.Saanvi plans to make 50 paper bookmarks. Each needs ₹10 of materials, and a banner costs ₹60 once. What total budget is needed (in ₹)?
  3. 3.Meera has ₹120 to spend on packets of seeds. One packet of seeds costs ₹20. What is the greatest number of packets of seeds Meera can buy?
  4. 4.Which of these is a running cost? (a) a juicer (b) a cash box (c) a cloth banner (d) ice
  5. 5.Which of these is a running cost? (a) card paper (b) a folding table (c) a cloth banner (d) a price board
  6. 6.Lakshmi plans to make 45 paper bookmarks. Each needs ₹7 of materials, and a banner costs ₹150 once. What total budget is needed (in ₹)?
  7. 7.🔍 Which is the odd one out? (a) a folding table (b) a price board (c) tea leaves and milk (d) a cash box
  8. 8.True or false: “a juicer” is a one-time cost. (a) True (b) False
  9. 9.Diya has a budget of ₹600. The stock costs ₹230 and the stall fee is ₹340. Is the budget enough? (a) Yes (b) No
  10. 10.Which of these is a running cost? (a) a cloth banner (b) sugar (c) a cooler box (d) a price board
  11. 11.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
  12. 12.📒 One-time cost or running cost: a cash box? (a) a one-time cost (b) a running cost
  13. 13.Joseph plans to make 47 paper bookmarks. Each needs ₹5 of materials, and a banner costs ₹240 once. What total budget is needed (in ₹)?
  14. 14.📒 One-time cost or running cost: paper cups? (a) a one-time cost (b) a running cost
  15. 15.True or false: “a cash box” is a running cost. (a) False (b) True
  16. 16.Diya has a budget of ₹900. The stock costs ₹150 and the stall fee is ₹730. Is the budget enough? (a) No (b) Yes
  17. 17.Which of these is a running cost? (a) a cash box (b) a folding table (c) a juicer (d) tea leaves and milk
  18. 18.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost
  19. 19.True or false: “a price board” is a running cost. (a) True (b) False
  20. 20.📒 One-time cost or running cost: lemons? (a) a running cost (b) a one-time cost
  21. 21.True or false: “a cash box” is a one-time cost. (a) False (b) True
  22. 22.Diya plans to make 37 potted plants. Each needs ₹6 of materials, and a banner costs ₹110 once. What total budget is needed (in ₹)?
  23. 23.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost
  24. 24.Diya plans to make 19 handmade cards. Each needs ₹2 of materials, and a banner costs ₹270 once. What total budget is needed (in ₹)?
  25. 25.Which of these is a one-time cost? (a) ice (b) tea leaves and milk (c) a cooler box (d) card paper
  26. 26.🔍 Which is the odd one out? (a) card paper (b) ice (c) sugar (d) a folding table
  27. 27.🔍 Which is the odd one out? (a) tea leaves and milk (b) seeds and soil (c) a price board (d) card paper
  28. 28.True or false: “card paper” is a one-time cost. (a) True (b) False
  29. 29.True or false: “card paper” is a running cost. (a) False (b) True
  30. 30.Saanvi has a budget of ₹400. The stock costs ₹60 and the stall fee is ₹390. Is the budget enough? (a) Yes (b) No
  31. 31.Farhan’s stall budget is ₹540. Sugar cost ₹60, ribbon cost ₹170 and pots cost ₹200. How many rupees of the budget are left?
  32. 32.Tara has a budget of ₹300. The stock costs ₹50 and the stall fee is ₹240. Is the budget enough? (a) Yes (b) No
  33. 33.Diya has ₹300 to spend on packs of cups. One pack of cups costs ₹12. What is the greatest number of packs of cups Diya can buy?
  34. 34.Ananya’s stall budget is ₹620. Ribbon cost ₹50, paper cups cost ₹250 and card paper cost ₹110. How many rupees of the budget are left?
  35. 35.Which of these is a running cost? (a) lemons (b) a folding table (c) a cloth banner (d) a price board
  36. 36.Zoya plans to make 41 paper bookmarks. Each needs ₹10 of materials, and a banner costs ₹270 once. What total budget is needed (in ₹)?
  37. 37.True or false: “lemons” is a one-time cost. (a) True (b) False
  38. 38.Gurpreet has ₹230 to spend on packs of cups. One pack of cups costs ₹4. What is the greatest number of packs of cups Gurpreet can buy?
  39. 39.🔍 Which is the odd one out? (a) a cash box (b) paper cups (c) a folding table (d) a cloth banner
  40. 40.Dev has a budget of ₹600. The stock costs ₹120 and the stall fee is ₹440. Is the budget enough? (a) No (b) Yes

Answer key

  1. a running cost
  2. 560
  3. 6
  4. ice
  5. card paper
  6. 465
  7. tea leaves and milk
  8. True
  9. Yes
  10. sugar
  11. a one-time cost
  12. a one-time cost
  13. 475
  14. a running cost
  15. False
  16. Yes
  17. tea leaves and milk
  18. a one-time cost
  19. False
  20. a running cost
  21. True
  22. 332
  23. a one-time cost
  24. 308
  25. a cooler box
  26. a folding table
  27. a price board
  28. False
  29. True
  30. No
  31. 110
  32. Yes
  33. 25
  34. 210
  35. lemons
  36. 680
  37. False
  38. 57
  39. paper cups
  40. Yes

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