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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 147 · 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: “ice” is a running cost. (a) True (b) False
  2. 2.Kabir has a budget of ₹300. The stock costs ₹50 and the stall fee is ₹260. Is the budget enough? (a) No (b) Yes
  3. 3.Meera has a budget of ₹500. The stock costs ₹210 and the stall fee is ₹290. Is the budget enough? (a) No (b) Yes
  4. 4.Ananya plans to make 37 bags of popcorn. Each needs ₹10 of materials, and a banner costs ₹300 once. What total budget is needed (in ₹)?
  5. 5.True or false: “a juicer” is a running cost. (a) False (b) True
  6. 6.🔍 Which is the odd one out? (a) tea leaves and milk (b) a price board (c) seeds and soil (d) sugar
  7. 7.True or false: “sugar” is a one-time cost. (a) False (b) True
  8. 8.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost
  9. 9.Ishaan has a budget of ₹800. The stock costs ₹340 and the stall fee is ₹500. Is the budget enough? (a) Yes (b) No
  10. 10.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  11. 11.Dev’s stall budget is ₹550. Paper cups cost ₹220, a price board cost ₹140 and sugar cost ₹160. How many rupees of the budget are left?
  12. 12.Which of these is a running cost? (a) a cooler box (b) a cash box (c) a cloth banner (d) paper cups
  13. 13.Ananya plans to make 14 clay diyas. Each needs ₹5 of materials, and a banner costs ₹240 once. What total budget is needed (in ₹)?
  14. 14.🔍 Which is the odd one out? (a) a cash box (b) seeds and soil (c) tea leaves and milk (d) paper cups
  15. 15.Lakshmi plans to make 23 paper bookmarks. Each needs ₹9 of materials, and a banner costs ₹230 once. What total budget is needed (in ₹)?
  16. 16.Which of these is a running cost? (a) a cloth banner (b) a folding table (c) card paper (d) a juicer
  17. 17.Kavya plans to make 30 handmade cards. Each needs ₹6 of materials, and a banner costs ₹160 once. What total budget is needed (in ₹)?
  18. 18.🔍 Which is the odd one out? (a) a price board (b) a cash box (c) lemons (d) a cloth banner
  19. 19.Ishaan plans to make 30 glasses of chai. Each needs ₹9 of materials, and a banner costs ₹210 once. What total budget is needed (in ₹)?
  20. 20.🔍 Which is the odd one out? (a) a folding table (b) sugar (c) lemons (d) tea leaves and milk
  21. 21.🔍 Which is the odd one out? (a) a price board (b) ice (c) a folding table (d) a cooler box
  22. 22.Which of these is a running cost? (a) a cash box (b) a juicer (c) a cloth banner (d) sugar
  23. 23.True or false: “a folding table” is a running cost. (a) True (b) False
  24. 24.Diya has ₹500 to spend on rolls of ribbon. One roll of ribbon costs ₹8. What is the greatest number of rolls of ribbon Diya can buy?
  25. 25.Which of these is a running cost? (a) a folding table (b) a cloth banner (c) tea leaves and milk (d) a price board
  26. 26.Lakshmi’s stall budget is ₹170. Card paper cost ₹60, lemons cost ₹20 and paper cups cost ₹70. How many rupees of the budget are left?
  27. 27.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  28. 28.Ananya’s stall budget is ₹450. Sugar cost ₹140, pots cost ₹30 and paper cups cost ₹270. How many rupees of the budget are left?
  29. 29.Which of these is a one-time cost? (a) ice (b) sugar (c) a cloth banner (d) tea leaves and milk
  30. 30.Saanvi plans to make 27 cups of lemonade. Each needs ₹8 of materials, and a banner costs ₹200 once. What total budget is needed (in ₹)?
  31. 31.Farhan has ₹80 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?
  32. 32.📒 One-time cost or running cost: sugar? (a) a running cost (b) a one-time cost
  33. 33.Which of these is a one-time cost? (a) tea leaves and milk (b) ice (c) a cooler box (d) seeds and soil
  34. 34.Vihaan has ₹170 to spend on rolls of ribbon. One roll of ribbon costs ₹8. What is the greatest number of rolls of ribbon Vihaan can buy?
  35. 35.Zoya has ₹260 to spend on packets of seeds. One packet of seeds costs ₹20. What is the greatest number of packets of seeds Zoya can buy?
  36. 36.Farhan has a budget of ₹600. The stock costs ₹180 and the stall fee is ₹450. Is the budget enough? (a) Yes (b) No
  37. 37.Which of these is a one-time cost? (a) tea leaves and milk (b) seeds and soil (c) a cash box (d) lemons
  38. 38.📒 One-time cost or running cost: a cash box? (a) a one-time cost (b) a running cost
  39. 39.True or false: “a price board” is a running cost. (a) True (b) False
  40. 40.Meera plans to make 46 cups of lemonade. Each needs ₹3 of materials, and a banner costs ₹130 once. What total budget is needed (in ₹)?

Answer key

  1. True
  2. No
  3. Yes
  4. 670
  5. False
  6. a price board
  7. False
  8. a one-time cost
  9. No
  10. a one-time cost
  11. 30
  12. paper cups
  13. 310
  14. a cash box
  15. 437
  16. card paper
  17. 340
  18. lemons
  19. 480
  20. a folding table
  21. ice
  22. sugar
  23. False
  24. 62
  25. tea leaves and milk
  26. 20
  27. a one-time cost
  28. 10
  29. a cloth banner
  30. 416
  31. 8
  32. a running cost
  33. a cooler box
  34. 21
  35. 13
  36. No
  37. a cash box
  38. a one-time cost
  39. False
  40. 268

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