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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 923 · 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 34 friendship bands. Each needs ₹6 of materials, and a banner costs ₹130 once. What total budget is needed (in ₹)?
  2. 2.🔍 Which is the odd one out? (a) paper cups (b) a cloth banner (c) a cooler box (d) a juicer
  3. 3.True or false: “a folding table” is a one-time cost. (a) True (b) False
  4. 4.True or false: “ice” is a running cost. (a) False (b) True
  5. 5.🔍 Which is the odd one out? (a) lemons (b) ice (c) a folding table (d) tea leaves and milk
  6. 6.📒 One-time cost or running cost: tea leaves and milk? (a) a running cost (b) a one-time cost
  7. 7.Which of these is a running cost? (a) card paper (b) a cooler box (c) a cloth banner (d) a juicer
  8. 8.Ananya has ₹370 to spend on packs of cups. One pack of cups costs ₹20. What is the greatest number of packs of cups Ananya can buy?
  9. 9.Dev plans to make 16 handmade cards. Each needs ₹2 of materials, and a banner costs ₹120 once. What total budget is needed (in ₹)?
  10. 10.Nisha has a budget of ₹700. The stock costs ₹110 and the stall fee is ₹550. Is the budget enough? (a) Yes (b) No
  11. 11.Which of these is a one-time cost? (a) paper cups (b) seeds and soil (c) card paper (d) a folding table
  12. 12.Ishaan plans to make 27 jute bags. Each needs ₹2 of materials, and a banner costs ₹250 once. What total budget is needed (in ₹)?
  13. 13.📒 One-time cost or running cost: lemons? (a) a running cost (b) a one-time cost
  14. 14.📒 One-time cost or running cost: seeds and soil? (a) a running cost (b) a one-time cost
  15. 15.Which of these is a one-time cost? (a) sugar (b) a cloth banner (c) seeds and soil (d) card paper
  16. 16.Gurpreet has a budget of ₹700. The stock costs ₹350 and the stall fee is ₹320. Is the budget enough? (a) Yes (b) No
  17. 17.Lakshmi’s stall budget is ₹470. Paper cups cost ₹300, a banner cost ₹30 and seeds cost ₹120. How many rupees of the budget are left?
  18. 18.Diya has ₹320 to spend on sheets of card paper. One sheet of card paper costs ₹5. What is the greatest number of sheets of card paper Diya can buy?
  19. 19.Which of these is a one-time cost? (a) card paper (b) lemons (c) a juicer (d) tea leaves and milk
  20. 20.Which of these is a running cost? (a) a folding table (b) a juicer (c) a price board (d) lemons
  21. 21.📒 One-time cost or running cost: sugar? (a) a one-time cost (b) a running cost
  22. 22.🔍 Which is the odd one out? (a) lemons (b) a cloth banner (c) a cash box (d) a juicer
  23. 23.Rohan has ₹210 to spend on packets of seeds. One packet of seeds costs ₹10. What is the greatest number of packets of seeds Rohan can buy?
  24. 24.Farhan’s stall budget is ₹420. Paper cups cost ₹150, seeds cost ₹60 and ribbon cost ₹100. How many rupees of the budget are left?
  25. 25.True or false: “card paper” is a one-time cost. (a) False (b) True
  26. 26.True or false: “card paper” is a running cost. (a) True (b) False
  27. 27.True or false: “tea leaves and milk” is a running cost. (a) False (b) True
  28. 28.True or false: “a price board” is a running cost. (a) True (b) False
  29. 29.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost
  30. 30.True or false: “ice” is a one-time cost. (a) False (b) True
  31. 31.Vihaan has a budget of ₹400. The stock costs ₹160 and the stall fee is ₹270. Is the budget enough? (a) Yes (b) No
  32. 32.Zoya plans to make 50 jute bags. Each needs ₹6 of materials, and a banner costs ₹260 once. What total budget is needed (in ₹)?
  33. 33.Kavya plans to make 23 painted pebbles. Each needs ₹4 of materials, and a banner costs ₹90 once. What total budget is needed (in ₹)?
  34. 34.Vihaan has ₹50 to spend on lemons. One lemon costs ₹5. What is the greatest number of lemons Vihaan can buy?
  35. 35.📒 One-time cost or running cost: paper cups? (a) a running cost (b) a one-time cost
  36. 36.Farhan’s stall budget is ₹510. Ribbon cost ₹60, napkins cost ₹250 and pots cost ₹110. How many rupees of the budget are left?
  37. 37.Ananya has a budget of ₹600. The stock costs ₹230 and the stall fee is ₹330. Is the budget enough? (a) Yes (b) No
  38. 38.Which of these is a running cost? (a) a cloth banner (b) a folding table (c) a juicer (d) ice
  39. 39.🔍 Which is the odd one out? (a) paper cups (b) a cloth banner (c) sugar (d) tea leaves and milk
  40. 40.True or false: “tea leaves and milk” is a one-time cost. (a) False (b) True

Answer key

  1. 334
  2. paper cups
  3. True
  4. True
  5. a folding table
  6. a running cost
  7. card paper
  8. 18
  9. 152
  10. Yes
  11. a folding table
  12. 304
  13. a running cost
  14. a running cost
  15. a cloth banner
  16. Yes
  17. 20
  18. 64
  19. a juicer
  20. lemons
  21. a running cost
  22. lemons
  23. 21
  24. 110
  25. False
  26. True
  27. True
  28. False
  29. a one-time cost
  30. False
  31. No
  32. 560
  33. 182
  34. 10
  35. a running cost
  36. 90
  37. Yes
  38. ice
  39. a cloth banner
  40. False

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