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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 952 · 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.Which of these is a one-time cost? (a) paper cups (b) card paper (c) ice (d) a cloth banner
  2. 2.📒 One-time cost or running cost: a cooler box? (a) a one-time cost (b) a running cost
  3. 3.True or false: “card paper” is a one-time cost. (a) False (b) True
  4. 4.Nisha has ₹380 to spend on packets of seeds. One packet of seeds costs ₹6. What is the greatest number of packets of seeds Nisha can buy?
  5. 5.Which of these is a one-time cost? (a) seeds and soil (b) lemons (c) paper cups (d) a cooler box
  6. 6.Rohan plans to make 10 cupcakes. Each needs ₹6 of materials, and a banner costs ₹140 once. What total budget is needed (in ₹)?
  7. 7.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
  8. 8.Kavya plans to make 38 painted pebbles. Each needs ₹10 of materials, and a banner costs ₹300 once. What total budget is needed (in ₹)?
  9. 9.Meera plans to make 35 paper bookmarks. Each needs ₹3 of materials, and a banner costs ₹250 once. What total budget is needed (in ₹)?
  10. 10.📒 One-time cost or running cost: sugar? (a) a running cost (b) a one-time cost
  11. 11.🔍 Which is the odd one out? (a) a cash box (b) a folding table (c) sugar (d) a juicer
  12. 12.Which of these is a one-time cost? (a) paper cups (b) lemons (c) a cash box (d) seeds and soil
  13. 13.Which of these is a running cost? (a) a cash box (b) a cooler box (c) a folding table (d) card paper
  14. 14.Meera plans to make 50 clay diyas. Each needs ₹6 of materials, and a banner costs ₹60 once. What total budget is needed (in ₹)?
  15. 15.Which of these is a running cost? (a) a folding table (b) a cash box (c) a juicer (d) lemons
  16. 16.📒 One-time cost or running cost: lemons? (a) a one-time cost (b) a running cost
  17. 17.Which of these is a one-time cost? (a) lemons (b) card paper (c) ice (d) a folding table
  18. 18.Which of these is a running cost? (a) a cash box (b) paper cups (c) a juicer (d) a price board
  19. 19.🔍 Which is the odd one out? (a) tea leaves and milk (b) a price board (c) a cloth banner (d) a cooler box
  20. 20.True or false: “card paper” is a running cost. (a) False (b) True
  21. 21.📒 One-time cost or running cost: paper cups? (a) a one-time cost (b) a running cost
  22. 22.📒 One-time cost or running cost: a cloth banner? (a) a one-time cost (b) a running cost
  23. 23.Tara’s stall budget is ₹740. Ribbon cost ₹40, sugar cost ₹220 and card paper cost ₹250. How many rupees of the budget are left?
  24. 24.True or false: “a cash box” is a running cost. (a) True (b) False
  25. 25.Ananya plans to make 48 paper bookmarks. Each needs ₹2 of materials, and a banner costs ₹100 once. What total budget is needed (in ₹)?
  26. 26.Ishaan plans to make 13 friendship bands. Each needs ₹4 of materials, and a banner costs ₹160 once. What total budget is needed (in ₹)?
  27. 27.Farhan has a budget of ₹600. The stock costs ₹140 and the stall fee is ₹450. Is the budget enough? (a) Yes (b) No
  28. 28.📒 One-time cost or running cost: card paper? (a) a running cost (b) a one-time cost
  29. 29.Gurpreet has a budget of ₹1000. The stock costs ₹190 and the stall fee is ₹770. Is the budget enough? (a) Yes (b) No
  30. 30.Riya’s stall budget is ₹840. Seeds cost ₹80, a banner cost ₹270 and paper cups cost ₹230. How many rupees of the budget are left?
  31. 31.Kavya has ₹460 to spend on lemons. One lemon costs ₹6. What is the greatest number of lemons Kavya can buy?
  32. 32.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  33. 33.🔍 Which is the odd one out? (a) a folding table (b) lemons (c) card paper (d) tea leaves and milk
  34. 34.Zoya has ₹150 to spend on rolls of ribbon. One roll of ribbon costs ₹12. What is the greatest number of rolls of ribbon Zoya can buy?
  35. 35.Vihaan plans to make 21 cupcakes. Each needs ₹2 of materials, and a banner costs ₹260 once. What total budget is needed (in ₹)?
  36. 36.Ananya’s stall budget is ₹650. Seeds cost ₹210, lemons cost ₹120 and card paper cost ₹180. How many rupees of the budget are left?
  37. 37.Aarav plans to make 26 friendship bands. Each needs ₹5 of materials, and a banner costs ₹50 once. What total budget is needed (in ₹)?
  38. 38.Kabir has ₹100 to spend on rolls of ribbon. One roll of ribbon costs ₹5. What is the greatest number of rolls of ribbon Kabir can buy?
  39. 39.Ishaan has ₹100 to spend on packets of seeds. One packet of seeds costs ₹6. What is the greatest number of packets of seeds Ishaan can buy?
  40. 40.🔍 Which is the odd one out? (a) a folding table (b) seeds and soil (c) a juicer (d) a cash box

Answer key

  1. a cloth banner
  2. a one-time cost
  3. False
  4. 63
  5. a cooler box
  6. 200
  7. a running cost
  8. 680
  9. 355
  10. a running cost
  11. sugar
  12. a cash box
  13. card paper
  14. 360
  15. lemons
  16. a running cost
  17. a folding table
  18. paper cups
  19. tea leaves and milk
  20. True
  21. a running cost
  22. a one-time cost
  23. 230
  24. False
  25. 196
  26. 212
  27. Yes
  28. a running cost
  29. Yes
  30. 260
  31. 76
  32. a one-time cost
  33. a folding table
  34. 12
  35. 302
  36. 140
  37. 180
  38. 20
  39. 16
  40. seeds and soil

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