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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 189 · 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.

NameDateTime takenScore ___ / 40
  1. 1.Meera plans to make 36 cups of lemonade. Each needs ₹7 of materials, and a banner costs ₹140 once. What total budget is needed (in ₹)?
  2. 2.True or false: “a cloth banner” is a one-time cost. (a) True (b) False
  3. 3.Zoya has ₹60 to spend on rolls of ribbon. One roll of ribbon costs ₹5. What is the greatest number of rolls of ribbon Zoya can buy?
  4. 4.Meera’s stall budget is ₹670. Lemons cost ₹150, a price board cost ₹230 and card paper cost ₹280. How many rupees of the budget are left?
  5. 5.Nisha’s stall budget is ₹620. Seeds cost ₹210, sugar cost ₹30 and ribbon cost ₹210. How many rupees of the budget are left?
  6. 6.Meera plans to make 27 cups of lemonade. Each needs ₹10 of materials, and a banner costs ₹150 once. What total budget is needed (in ₹)?
  7. 7.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost
  8. 8.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
  9. 9.🔍 Which is the odd one out? (a) a cooler box (b) a cloth banner (c) a cash box (d) paper cups
  10. 10.🔍 Which is the odd one out? (a) card paper (b) a cash box (c) ice (d) tea leaves and milk
  11. 11.Dev has a budget of ₹600. The stock costs ₹160 and the stall fee is ₹470. Is the budget enough? (a) No (b) Yes
  12. 12.🔍 Which is the odd one out? (a) a cloth banner (b) seeds and soil (c) sugar (d) tea leaves and milk
  13. 13.True or false: “a price board” is a one-time cost. (a) True (b) False
  14. 14.True or false: “lemons” is a one-time cost. (a) False (b) True
  15. 15.📒 One-time cost or running cost: sugar? (a) a one-time cost (b) a running cost
  16. 16.Kavya plans to make 25 clay diyas. Each needs ₹3 of materials, and a banner costs ₹230 once. What total budget is needed (in ₹)?
  17. 17.Saanvi has a budget of ₹700. The stock costs ₹350 and the stall fee is ₹380. Is the budget enough? (a) Yes (b) No
  18. 18.Farhan plans to make 42 cups of lemonade. Each needs ₹8 of materials, and a banner costs ₹190 once. What total budget is needed (in ₹)?
  19. 19.🔍 Which is the odd one out? (a) sugar (b) a cooler box (c) a juicer (d) a folding table
  20. 20.Kabir has a budget of ₹900. The stock costs ₹260 and the stall fee is ₹620. Is the budget enough? (a) No (b) Yes
  21. 21.True or false: “seeds and soil” is a one-time cost. (a) False (b) True
  22. 22.Gurpreet plans to make 16 cupcakes. Each needs ₹4 of materials, and a banner costs ₹280 once. What total budget is needed (in ₹)?
  23. 23.Which of these is a one-time cost? (a) lemons (b) a price board (c) seeds and soil (d) ice
  24. 24.True or false: “a folding table” is a one-time cost. (a) False (b) True
  25. 25.Which of these is a one-time cost? (a) a folding table (b) ice (c) paper cups (d) card paper
  26. 26.Tara’s stall budget is ₹390. Seeds cost ₹220, paper cups cost ₹40 and ribbon cost ₹40. How many rupees of the budget are left?
  27. 27.Kabir’s stall budget is ₹450. Pots cost ₹200, seeds cost ₹20 and ribbon cost ₹60. How many rupees of the budget are left?
  28. 28.Which of these is a running cost? (a) a folding table (b) a cooler box (c) a price board (d) paper cups
  29. 29.Aarav has ₹330 to spend on rolls of ribbon. One roll of ribbon costs ₹6. What is the greatest number of rolls of ribbon Aarav can buy?
  30. 30.Rohan’s stall budget is ₹740. A banner cost ₹220, lemons cost ₹260 and seeds cost ₹20. How many rupees of the budget are left?
  31. 31.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
  32. 32.Tara’s stall budget is ₹730. Paper cups cost ₹130, ribbon cost ₹210 and seeds cost ₹200. How many rupees of the budget are left?
  33. 33.🔍 Which is the odd one out? (a) a cash box (b) card paper (c) a folding table (d) a price board
  34. 34.Saanvi has ₹290 to spend on lemons. One lemon costs ₹15. What is the greatest number of lemons Saanvi can buy?
  35. 35.Which of these is a one-time cost? (a) paper cups (b) seeds and soil (c) tea leaves and milk (d) a juicer
  36. 36.🔍 Which is the odd one out? (a) a cloth banner (b) a price board (c) lemons (d) a folding table
  37. 37.📒 One-time cost or running cost: seeds and soil? (a) a running cost (b) a one-time cost
  38. 38.🔍 Which is the odd one out? (a) tea leaves and milk (b) a cooler box (c) lemons (d) sugar
  39. 39.True or false: “sugar” is a running cost. (a) True (b) False
  40. 40.True or false: “a cash box” is a running cost. (a) True (b) False

Answer key

  1. 392
  2. True
  3. 12
  4. 10
  5. 170
  6. 420
  7. a one-time cost
  8. a one-time cost
  9. paper cups
  10. a cash box
  11. No
  12. a cloth banner
  13. True
  14. False
  15. a running cost
  16. 305
  17. No
  18. 526
  19. sugar
  20. Yes
  21. False
  22. 344
  23. a price board
  24. True
  25. a folding table
  26. 90
  27. 170
  28. paper cups
  29. 55
  30. 240
  31. a one-time cost
  32. 190
  33. card paper
  34. 19
  35. a juicer
  36. lemons
  37. a running cost
  38. a cooler box
  39. True
  40. False

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