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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 967 · 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.True or false: “card paper” is a one-time cost. (a) True (b) False
  2. 2.🔍 Which is the odd one out? (a) a cash box (b) card paper (c) a cooler box (d) a cloth banner
  3. 3.Which of these is a running cost? (a) a cloth banner (b) lemons (c) a price board (d) a cooler box
  4. 4.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
  5. 5.Which of these is a running cost? (a) a cash box (b) a cooler box (c) tea leaves and milk (d) a folding table
  6. 6.Gurpreet plans to make 10 friendship bands. Each needs ₹3 of materials, and a banner costs ₹200 once. What total budget is needed (in ₹)?
  7. 7.Farhan plans to make 40 friendship bands. Each needs ₹2 of materials, and a banner costs ₹230 once. What total budget is needed (in ₹)?
  8. 8.True or false: “a cash box” is a running cost. (a) False (b) True
  9. 9.Meera has ₹330 to spend on packets of seeds. One packet of seeds costs ₹15. What is the greatest number of packets of seeds Meera can buy?
  10. 10.Diya plans to make 17 friendship bands. Each needs ₹5 of materials, and a banner costs ₹230 once. What total budget is needed (in ₹)?
  11. 11.Vihaan has ₹120 to spend on lemons. One lemon costs ₹6. What is the greatest number of lemons Vihaan can buy?
  12. 12.🔍 Which is the odd one out? (a) paper cups (b) card paper (c) ice (d) a cooler box
  13. 13.Diya plans to make 41 friendship bands. Each needs ₹7 of materials, and a banner costs ₹150 once. What total budget is needed (in ₹)?
  14. 14.🔍 Which is the odd one out? (a) a cloth banner (b) a juicer (c) a cash box (d) paper cups
  15. 15.Aarav plans to make 13 bags of popcorn. Each needs ₹8 of materials, and a banner costs ₹130 once. What total budget is needed (in ₹)?
  16. 16.Which of these is a one-time cost? (a) ice (b) a cooler box (c) paper cups (d) sugar
  17. 17.📒 One-time cost or running cost: sugar? (a) a one-time cost (b) a running cost
  18. 18.Saanvi’s stall budget is ₹530. Napkins cost ₹280, paper cups cost ₹30 and seeds cost ₹150. How many rupees of the budget are left?
  19. 19.Which of these is a one-time cost? (a) lemons (b) card paper (c) paper cups (d) a cash box
  20. 20.🔍 Which is the odd one out? (a) lemons (b) a cloth banner (c) a folding table (d) a price board
  21. 21.Meera has ₹140 to spend on lemons. One lemon costs ₹12. What is the greatest number of lemons Meera can buy?
  22. 22.Farhan has ₹50 to spend on sheets of card paper. One sheet of card paper costs ₹10. What is the greatest number of sheets of card paper Farhan can buy?
  23. 23.Rohan plans to make 30 cups of lemonade. Each needs ₹9 of materials, and a banner costs ₹50 once. What total budget is needed (in ₹)?
  24. 24.Riya has a budget of ₹700. The stock costs ₹50 and the stall fee is ₹630. Is the budget enough? (a) No (b) Yes
  25. 25.True or false: “paper cups” is a running cost. (a) True (b) False
  26. 26.Lakshmi plans to make 35 potted plants. Each needs ₹7 of materials, and a banner costs ₹240 once. What total budget is needed (in ₹)?
  27. 27.Kavya has a budget of ₹400. The stock costs ₹80 and the stall fee is ₹290. Is the budget enough? (a) Yes (b) No
  28. 28.Which of these is a running cost? (a) a cooler box (b) paper cups (c) a price board (d) a cloth banner
  29. 29.Ishaan’s stall budget is ₹910. Seeds cost ₹100, a price board cost ₹300 and lemons cost ₹250. How many rupees of the budget are left?
  30. 30.Zoya has a budget of ₹300. The stock costs ₹50 and the stall fee is ₹250. Is the budget enough? (a) No (b) Yes
  31. 31.Joseph has a budget of ₹300. The stock costs ₹130 and the stall fee is ₹130. Is the budget enough? (a) No (b) Yes
  32. 32.True or false: “a juicer” is a one-time cost. (a) True (b) False
  33. 33.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
  34. 34.Which of these is a running cost? (a) a cloth banner (b) a folding table (c) seeds and soil (d) a price board
  35. 35.📒 One-time cost or running cost: paper cups? (a) a one-time cost (b) a running cost
  36. 36.True or false: “sugar” is a one-time cost. (a) False (b) True
  37. 37.Saanvi’s stall budget is ₹600. Lemons cost ₹140, napkins cost ₹130 and a banner cost ₹250. How many rupees of the budget are left?
  38. 38.Diya plans to make 33 fruit cups. Each needs ₹8 of materials, and a banner costs ₹240 once. What total budget is needed (in ₹)?
  39. 39.Kabir has ₹410 to spend on packets of seeds. One packet of seeds costs ₹4. What is the greatest number of packets of seeds Kabir can buy?
  40. 40.📒 One-time cost or running cost: lemons? (a) a running cost (b) a one-time cost

Answer key

  1. False
  2. card paper
  3. lemons
  4. a one-time cost
  5. tea leaves and milk
  6. 230
  7. 310
  8. False
  9. 22
  10. 315
  11. 20
  12. a cooler box
  13. 437
  14. paper cups
  15. 234
  16. a cooler box
  17. a running cost
  18. 70
  19. a cash box
  20. lemons
  21. 11
  22. 5
  23. 320
  24. Yes
  25. True
  26. 485
  27. Yes
  28. paper cups
  29. 260
  30. Yes
  31. Yes
  32. True
  33. a one-time cost
  34. seeds and soil
  35. a running cost
  36. False
  37. 80
  38. 504
  39. 102
  40. a running cost

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