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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 114 · 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) ice (b) sugar (c) paper cups (d) a price board
  2. 2.Tara’s stall budget is ₹390. Sugar cost ₹70, pots cost ₹210 and card paper cost ₹20. How many rupees of the budget are left?
  3. 3.Ananya’s stall budget is ₹660. Sugar cost ₹290, napkins cost ₹270 and seeds cost ₹20. How many rupees of the budget are left?
  4. 4.Aarav’s stall budget is ₹550. Paper cups cost ₹240, napkins cost ₹90 and a price board cost ₹30. How many rupees of the budget are left?
  5. 5.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  6. 6.True or false: “a price board” is a running cost. (a) True (b) False
  7. 7.Kabir plans to make 40 handmade cards. Each needs ₹2 of materials, and a banner costs ₹260 once. What total budget is needed (in ₹)?
  8. 8.Which of these is a one-time cost? (a) lemons (b) card paper (c) a juicer (d) tea leaves and milk
  9. 9.📒 One-time cost or running cost: card paper? (a) a running cost (b) a one-time cost
  10. 10.Dev’s stall budget is ₹600. Lemons cost ₹170, seeds cost ₹220 and a banner cost ₹40. How many rupees of the budget are left?
  11. 11.Arjun plans to make 11 painted pebbles. Each needs ₹7 of materials, and a banner costs ₹150 once. What total budget is needed (in ₹)?
  12. 12.🔍 Which is the odd one out? (a) ice (b) card paper (c) sugar (d) a folding table
  13. 13.📒 One-time cost or running cost: ice? (a) a one-time cost (b) a running cost
  14. 14.🔍 Which is the odd one out? (a) a cooler box (b) a cloth banner (c) tea leaves and milk (d) a folding table
  15. 15.Aarav plans to make 50 cupcakes. Each needs ₹8 of materials, and a banner costs ₹200 once. What total budget is needed (in ₹)?
  16. 16.Kavya has ₹250 to spend on packs of cups. One pack of cups costs ₹6. What is the greatest number of packs of cups Kavya can buy?
  17. 17.Ananya plans to make 40 handmade cards. Each needs ₹6 of materials, and a banner costs ₹70 once. What total budget is needed (in ₹)?
  18. 18.Which of these is a running cost? (a) a cash box (b) a juicer (c) a price board (d) lemons
  19. 19.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost
  20. 20.📒 One-time cost or running cost: seeds and soil? (a) a one-time cost (b) a running cost
  21. 21.Tara has a budget of ₹500. The stock costs ₹220 and the stall fee is ₹320. Is the budget enough? (a) Yes (b) No
  22. 22.Farhan plans to make 25 bags of popcorn. Each needs ₹4 of materials, and a banner costs ₹140 once. What total budget is needed (in ₹)?
  23. 23.Rohan has a budget of ₹800. The stock costs ₹180 and the stall fee is ₹590. Is the budget enough? (a) Yes (b) No
  24. 24.Joseph has ₹430 to spend on packs of cups. One pack of cups costs ₹4. What is the greatest number of packs of cups Joseph can buy?
  25. 25.True or false: “paper cups” is a one-time cost. (a) True (b) False
  26. 26.Nisha’s stall budget is ₹700. Seeds cost ₹170, a price board cost ₹290 and lemons cost ₹40. How many rupees of the budget are left?
  27. 27.📒 One-time cost or running cost: paper cups? (a) a running cost (b) a one-time cost
  28. 28.Farhan plans to make 35 painted pebbles. Each needs ₹7 of materials, and a banner costs ₹90 once. What total budget is needed (in ₹)?
  29. 29.Diya’s stall budget is ₹650. Napkins cost ₹260, a banner cost ₹260 and card paper cost ₹80. How many rupees of the budget are left?
  30. 30.Tara has a budget of ₹800. The stock costs ₹100 and the stall fee is ₹710. Is the budget enough? (a) No (b) Yes
  31. 31.Meera plans to make 19 paper bookmarks. Each needs ₹5 of materials, and a banner costs ₹120 once. What total budget is needed (in ₹)?
  32. 32.Vihaan’s stall budget is ₹820. Paper cups cost ₹110, a price board cost ₹280 and card paper cost ₹200. How many rupees of the budget are left?
  33. 33.Rohan has a budget of ₹500. The stock costs ₹100 and the stall fee is ₹450. Is the budget enough? (a) Yes (b) No
  34. 34.Which of these is a running cost? (a) a juicer (b) seeds and soil (c) a cash box (d) a price board
  35. 35.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost
  36. 36.🔍 Which is the odd one out? (a) ice (b) tea leaves and milk (c) a cash box (d) lemons
  37. 37.Joseph’s stall budget is ₹600. Seeds cost ₹200, a banner cost ₹30 and a price board cost ₹270. How many rupees of the budget are left?
  38. 38.Which of these is a running cost? (a) a juicer (b) a cooler box (c) a cloth banner (d) paper cups
  39. 39.Meera plans to make 18 cups of lemonade. Each needs ₹2 of materials, and a banner costs ₹50 once. What total budget is needed (in ₹)?
  40. 40.Which of these is a running cost? (a) a cash box (b) a folding table (c) a cloth banner (d) sugar

Answer key

  1. a price board
  2. 90
  3. 80
  4. 190
  5. a one-time cost
  6. False
  7. 340
  8. a juicer
  9. a running cost
  10. 170
  11. 227
  12. a folding table
  13. a running cost
  14. tea leaves and milk
  15. 600
  16. 41
  17. 310
  18. lemons
  19. a one-time cost
  20. a running cost
  21. No
  22. 240
  23. Yes
  24. 107
  25. False
  26. 200
  27. a running cost
  28. 335
  29. 50
  30. No
  31. 215
  32. 230
  33. No
  34. seeds and soil
  35. a one-time cost
  36. a cash box
  37. 100
  38. paper cups
  39. 86
  40. sugar

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