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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 213 · 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 is the odd one out? (a) lemons (b) seeds and soil (c) tea leaves and milk (d) a cloth banner
  2. 2.Tara plans to make 27 glasses of chai. Each needs ₹10 of materials, and a banner costs ₹300 once. What total budget is needed (in ₹)?
  3. 3.🔍 Which is the odd one out? (a) a cooler box (b) a price board (c) seeds and soil (d) a juicer
  4. 4.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  5. 5.🔍 Which is the odd one out? (a) sugar (b) a cloth banner (c) a price board (d) a cooler box
  6. 6.Rohan has a budget of ₹800. The stock costs ₹100 and the stall fee is ₹690. Is the budget enough? (a) Yes (b) No
  7. 7.True or false: “a cloth banner” is a running cost. (a) True (b) False
  8. 8.Zoya’s stall budget is ₹630. Seeds cost ₹260, pots cost ₹100 and a banner cost ₹130. How many rupees of the budget are left?
  9. 9.Nisha plans to make 13 fruit cups. Each needs ₹7 of materials, and a banner costs ₹290 once. What total budget is needed (in ₹)?
  10. 10.📒 One-time cost or running cost: ice? (a) a running cost (b) a one-time cost
  11. 11.📒 One-time cost or running cost: sugar? (a) a one-time cost (b) a running cost
  12. 12.Gurpreet has ₹170 to spend on packs of cups. One pack of cups costs ₹10. What is the greatest number of packs of cups Gurpreet can buy?
  13. 13.🔍 Which is the odd one out? (a) a cash box (b) a juicer (c) a cooler box (d) tea leaves and milk
  14. 14.🔍 Which is the odd one out? (a) a cloth banner (b) a juicer (c) lemons (d) a cooler box
  15. 15.Aarav’s stall budget is ₹780. Napkins cost ₹280, seeds cost ₹160 and pots cost ₹90. How many rupees of the budget are left?
  16. 16.📒 One-time cost or running cost: paper cups? (a) a one-time cost (b) a running cost
  17. 17.True or false: “card paper” is a one-time cost. (a) False (b) True
  18. 18.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
  19. 19.Which of these is a running cost? (a) a cash box (b) a juicer (c) card paper (d) a cloth banner
  20. 20.Which of these is a one-time cost? (a) ice (b) lemons (c) card paper (d) a cloth banner
  21. 21.Diya plans to make 41 cupcakes. Each needs ₹2 of materials, and a banner costs ₹230 once. What total budget is needed (in ₹)?
  22. 22.True or false: “tea leaves and milk” is a running cost. (a) True (b) False
  23. 23.📒 One-time cost or running cost: seeds and soil? (a) a one-time cost (b) a running cost
  24. 24.Rohan plans to make 23 paper bookmarks. Each needs ₹9 of materials, and a banner costs ₹210 once. What total budget is needed (in ₹)?
  25. 25.Riya has a budget of ₹700. The stock costs ₹120 and the stall fee is ₹590. Is the budget enough? (a) Yes (b) No
  26. 26.Diya plans to make 29 potted plants. Each needs ₹8 of materials, and a banner costs ₹120 once. What total budget is needed (in ₹)?
  27. 27.True or false: “a juicer” is a one-time cost. (a) True (b) False
  28. 28.True or false: “a juicer” is a running cost. (a) True (b) False
  29. 29.Ananya plans to make 50 jute bags. Each needs ₹6 of materials, and a banner costs ₹260 once. What total budget is needed (in ₹)?
  30. 30.Meera’s stall budget is ₹460. Card paper cost ₹40, napkins cost ₹30 and seeds cost ₹240. How many rupees of the budget are left?
  31. 31.Farhan has ₹470 to spend on lemons. One lemon costs ₹20. What is the greatest number of lemons Farhan can buy?
  32. 32.Lakshmi’s stall budget is ₹630. Seeds cost ₹220, napkins cost ₹20 and card paper cost ₹150. How many rupees of the budget are left?
  33. 33.Rohan has a budget of ₹800. The stock costs ₹270 and the stall fee is ₹500. Is the budget enough? (a) No (b) Yes
  34. 34.Rohan has a budget of ₹500. The stock costs ₹160 and the stall fee is ₹330. Is the budget enough? (a) No (b) Yes
  35. 35.🔍 Which is the odd one out? (a) paper cups (b) a juicer (c) a price board (d) a folding table
  36. 36.Arjun plans to make 24 handmade cards. Each needs ₹8 of materials, and a banner costs ₹240 once. What total budget is needed (in ₹)?
  37. 37.Which of these is a one-time cost? (a) sugar (b) lemons (c) a price board (d) seeds and soil
  38. 38.True or false: “a cloth banner” is a one-time cost. (a) True (b) False
  39. 39.Kavya’s stall budget is ₹800. Ribbon cost ₹260, lemons cost ₹190 and sugar cost ₹200. How many rupees of the budget are left?
  40. 40.Which of these is a running cost? (a) a cash box (b) a juicer (c) paper cups (d) a cloth banner

Answer key

  1. a cloth banner
  2. 570
  3. seeds and soil
  4. a one-time cost
  5. sugar
  6. Yes
  7. False
  8. 140
  9. 381
  10. a running cost
  11. a running cost
  12. 17
  13. tea leaves and milk
  14. lemons
  15. 250
  16. a running cost
  17. False
  18. a one-time cost
  19. card paper
  20. a cloth banner
  21. 312
  22. True
  23. a running cost
  24. 417
  25. No
  26. 352
  27. True
  28. False
  29. 560
  30. 150
  31. 23
  32. 240
  33. Yes
  34. Yes
  35. paper cups
  36. 432
  37. a price board
  38. True
  39. 150
  40. paper cups

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