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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 914 · 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: sugar? (a) a one-time cost (b) a running cost
  2. 2.Gurpreet plans to make 14 jute bags. Each needs ₹10 of materials, and a banner costs ₹70 once. What total budget is needed (in ₹)?
  3. 3.Meera’s stall budget is ₹670. A banner cost ₹210, a price board cost ₹230 and seeds cost ₹130. How many rupees of the budget are left?
  4. 4.Saanvi has ₹110 to spend on lemons. One lemon costs ₹4. What is the greatest number of lemons Saanvi can buy?
  5. 5.Which of these is a running cost? (a) a cloth banner (b) a folding table (c) a juicer (d) seeds and soil
  6. 6.Diya’s stall budget is ₹510. Paper cups cost ₹110, ribbon cost ₹120 and seeds cost ₹130. How many rupees of the budget are left?
  7. 7.True or false: “a price board” is a one-time cost. (a) True (b) False
  8. 8.📒 One-time cost or running cost: a cloth banner? (a) a one-time cost (b) a running cost
  9. 9.🔍 Which is the odd one out? (a) sugar (b) lemons (c) a folding table (d) seeds and soil
  10. 10.🔍 Which is the odd one out? (a) a cloth banner (b) tea leaves and milk (c) lemons (d) paper cups
  11. 11.🔍 Which is the odd one out? (a) a price board (b) a juicer (c) a cloth banner (d) paper cups
  12. 12.True or false: “card paper” is a one-time cost. (a) False (b) True
  13. 13.Tara has a budget of ₹800. The stock costs ₹320 and the stall fee is ₹460. Is the budget enough? (a) Yes (b) No
  14. 14.📒 One-time cost or running cost: ice? (a) a one-time cost (b) a running cost
  15. 15.🔍 Which is the odd one out? (a) a juicer (b) seeds and soil (c) a folding table (d) a cash box
  16. 16.True or false: “ice” is a running cost. (a) True (b) False
  17. 17.🔍 Which is the odd one out? (a) a cloth banner (b) a juicer (c) a price board (d) lemons
  18. 18.True or false: “sugar” is a running cost. (a) False (b) True
  19. 19.Farhan plans to make 12 jute bags. Each needs ₹9 of materials, and a banner costs ₹130 once. What total budget is needed (in ₹)?
  20. 20.Vihaan has ₹230 to spend on packets of seeds. One packet of seeds costs ₹20. What is the greatest number of packets of seeds Vihaan can buy?
  21. 21.Ananya has a budget of ₹600. The stock costs ₹60 and the stall fee is ₹490. Is the budget enough? (a) Yes (b) No
  22. 22.📒 One-time cost or running cost: paper cups? (a) a one-time cost (b) a running cost
  23. 23.True or false: “tea leaves and milk” is a running cost. (a) False (b) True
  24. 24.📒 One-time cost or running cost: seeds and soil? (a) a running cost (b) a one-time cost
  25. 25.Dev plans to make 37 friendship bands. Each needs ₹7 of materials, and a banner costs ₹110 once. What total budget is needed (in ₹)?
  26. 26.True or false: “a juicer” is a running cost. (a) True (b) False
  27. 27.Dev has ₹60 to spend on lemons. One lemon costs ₹12. What is the greatest number of lemons Dev can buy?
  28. 28.Nisha has a budget of ₹800. The stock costs ₹280 and the stall fee is ₹560. Is the budget enough? (a) Yes (b) No
  29. 29.Dev’s stall budget is ₹520. Card paper cost ₹20, sugar cost ₹80 and paper cups cost ₹210. How many rupees of the budget are left?
  30. 30.Gurpreet has ₹130 to spend on packets of seeds. One packet of seeds costs ₹20. What is the greatest number of packets of seeds Gurpreet can buy?
  31. 31.Nisha plans to make 40 friendship bands. Each needs ₹3 of materials, and a banner costs ₹280 once. What total budget is needed (in ₹)?
  32. 32.Joseph’s stall budget is ₹600. Sugar cost ₹50, paper cups cost ₹110 and seeds cost ₹200. How many rupees of the budget are left?
  33. 33.Which of these is a running cost? (a) paper cups (b) a folding table (c) a cloth banner (d) a juicer
  34. 34.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  35. 35.Riya has a budget of ₹400. The stock costs ₹130 and the stall fee is ₹250. Is the budget enough? (a) No (b) Yes
  36. 36.Riya has ₹170 to spend on packs of cups. One pack of cups costs ₹8. What is the greatest number of packs of cups Riya can buy?
  37. 37.Which of these is a running cost? (a) a folding table (b) a price board (c) a juicer (d) lemons
  38. 38.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
  39. 39.Kavya has ₹50 to spend on packets of seeds. One packet of seeds costs ₹20. What is the greatest number of packets of seeds Kavya can buy?
  40. 40.Kabir plans to make 44 bags of popcorn. Each needs ₹10 of materials, and a banner costs ₹130 once. What total budget is needed (in ₹)?

Answer key

  1. a running cost
  2. 210
  3. 100
  4. 27
  5. seeds and soil
  6. 150
  7. True
  8. a one-time cost
  9. a folding table
  10. a cloth banner
  11. paper cups
  12. False
  13. Yes
  14. a running cost
  15. seeds and soil
  16. True
  17. lemons
  18. True
  19. 238
  20. 11
  21. Yes
  22. a running cost
  23. True
  24. a running cost
  25. 369
  26. False
  27. 5
  28. No
  29. 210
  30. 6
  31. 400
  32. 240
  33. paper cups
  34. a one-time cost
  35. Yes
  36. 21
  37. lemons
  38. a one-time cost
  39. 2
  40. 570

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