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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 248 · 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 running cost? (a) a juicer (b) a price board (c) tea leaves and milk (d) a cooler box
  2. 2.Tara plans to make 42 painted pebbles. Each needs ₹2 of materials, and a banner costs ₹290 once. What total budget is needed (in ₹)?
  3. 3.Which of these is a running cost? (a) a cash box (b) a juicer (c) paper cups (d) a cloth banner
  4. 4.Tara plans to make 20 jute bags. Each needs ₹7 of materials, and a banner costs ₹120 once. What total budget is needed (in ₹)?
  5. 5.🔍 Which is the odd one out? (a) lemons (b) tea leaves and milk (c) paper cups (d) a folding table
  6. 6.Diya’s stall budget is ₹650. Lemons cost ₹250, a price board cost ₹270 and card paper cost ₹80. How many rupees of the budget are left?
  7. 7.True or false: “lemons” is a one-time cost. (a) False (b) True
  8. 8.Which of these is a running cost? (a) a price board (b) sugar (c) a cloth banner (d) a folding table
  9. 9.Arjun plans to make 39 clay diyas. Each needs ₹2 of materials, and a banner costs ₹130 once. What total budget is needed (in ₹)?
  10. 10.Which of these is a one-time cost? (a) lemons (b) a cloth banner (c) seeds and soil (d) tea leaves and milk
  11. 11.Meera’s stall budget is ₹500. Napkins cost ₹90, a price board cost ₹300 and card paper cost ₹40. How many rupees of the budget are left?
  12. 12.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
  13. 13.📒 One-time cost or running cost: ice? (a) a one-time cost (b) a running cost
  14. 14.Which of these is a one-time cost? (a) paper cups (b) lemons (c) a folding table (d) card paper
  15. 15.True or false: “a price board” is a one-time cost. (a) True (b) False
  16. 16.Which of these is a one-time cost? (a) paper cups (b) ice (c) sugar (d) a price board
  17. 17.Ishaan has a budget of ₹1000. The stock costs ₹280 and the stall fee is ₹750. Is the budget enough? (a) Yes (b) No
  18. 18.🔍 Which is the odd one out? (a) tea leaves and milk (b) a folding table (c) a cooler box (d) a juicer
  19. 19.Zoya has a budget of ₹400. The stock costs ₹60 and the stall fee is ₹290. Is the budget enough? (a) No (b) Yes
  20. 20.📒 One-time cost or running cost: paper cups? (a) a one-time cost (b) a running cost
  21. 21.True or false: “a cloth banner” is a running cost. (a) False (b) True
  22. 22.Nisha plans to make 36 glasses of chai. Each needs ₹4 of materials, and a banner costs ₹120 once. What total budget is needed (in ₹)?
  23. 23.Lakshmi has a budget of ₹800. The stock costs ₹260 and the stall fee is ₹560. Is the budget enough? (a) No (b) Yes
  24. 24.Arjun’s stall budget is ₹420. Lemons cost ₹130, card paper cost ₹80 and paper cups cost ₹80. How many rupees of the budget are left?
  25. 25.Tara plans to make 42 fruit cups. Each needs ₹4 of materials, and a banner costs ₹80 once. What total budget is needed (in ₹)?
  26. 26.Nisha has ₹460 to spend on packs of cups. One pack of cups costs ₹20. What is the greatest number of packs of cups Nisha can buy?
  27. 27.🔍 Which is the odd one out? (a) a price board (b) a cash box (c) lemons (d) a cooler box
  28. 28.🔍 Which is the odd one out? (a) a cooler box (b) sugar (c) a juicer (d) a cash box
  29. 29.Dev plans to make 35 fruit cups. Each needs ₹5 of materials, and a banner costs ₹120 once. What total budget is needed (in ₹)?
  30. 30.Kavya plans to make 36 clay diyas. Each needs ₹6 of materials, and a banner costs ₹240 once. What total budget is needed (in ₹)?
  31. 31.Lakshmi has a budget of ₹400. The stock costs ₹120 and the stall fee is ₹240. Is the budget enough? (a) Yes (b) No
  32. 32.🔍 Which is the odd one out? (a) tea leaves and milk (b) ice (c) paper cups (d) a cooler box
  33. 33.📒 One-time cost or running cost: a cash box? (a) a one-time cost (b) a running cost
  34. 34.True or false: “a folding table” is a running cost. (a) True (b) False
  35. 35.🔍 Which is the odd one out? (a) seeds and soil (b) a cash box (c) sugar (d) ice
  36. 36.True or false: “a folding table” is a one-time cost. (a) False (b) True
  37. 37.🔍 Which is the odd one out? (a) lemons (b) paper cups (c) a cloth banner (d) tea leaves and milk
  38. 38.Aarav’s stall budget is ₹960. A banner cost ₹210, a price board cost ₹290 and sugar cost ₹180. How many rupees of the budget are left?
  39. 39.True or false: “a cooler box” is a one-time cost. (a) False (b) True
  40. 40.True or false: “sugar” is a one-time cost. (a) False (b) True

Answer key

  1. tea leaves and milk
  2. 374
  3. paper cups
  4. 260
  5. a folding table
  6. 50
  7. False
  8. sugar
  9. 208
  10. a cloth banner
  11. 70
  12. a running cost
  13. a running cost
  14. a folding table
  15. True
  16. a price board
  17. No
  18. tea leaves and milk
  19. Yes
  20. a running cost
  21. False
  22. 264
  23. No
  24. 130
  25. 248
  26. 23
  27. lemons
  28. sugar
  29. 295
  30. 456
  31. Yes
  32. a cooler box
  33. a one-time cost
  34. False
  35. a cash box
  36. True
  37. a cloth banner
  38. 280
  39. True
  40. False

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