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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 265 · 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) lemons (b) paper cups (c) a cloth banner (d) tea leaves and milk
  2. 2.Diya’s stall budget is ₹880. Seeds cost ₹230, ribbon cost ₹230 and paper cups cost ₹240. How many rupees of the budget are left?
  3. 3.Gurpreet plans to make 28 jute bags. Each needs ₹3 of materials, and a banner costs ₹260 once. What total budget is needed (in ₹)?
  4. 4.Arjun’s stall budget is ₹610. Napkins cost ₹100, card paper cost ₹40 and sugar cost ₹290. How many rupees of the budget are left?
  5. 5.Nisha’s stall budget is ₹710. Paper cups cost ₹100, seeds cost ₹250 and napkins cost ₹280. How many rupees of the budget are left?
  6. 6.Aarav plans to make 13 paper bookmarks. Each needs ₹2 of materials, and a banner costs ₹230 once. What total budget is needed (in ₹)?
  7. 7.Which of these is a running cost? (a) a cloth banner (b) a folding table (c) card paper (d) a cash box
  8. 8.Kabir has a budget of ₹800. The stock costs ₹120 and the stall fee is ₹670. Is the budget enough? (a) No (b) Yes
  9. 9.Nisha has a budget of ₹700. The stock costs ₹240 and the stall fee is ₹450. Is the budget enough? (a) No (b) Yes
  10. 10.Lakshmi’s stall budget is ₹960. Sugar cost ₹230, pots cost ₹290 and card paper cost ₹220. How many rupees of the budget are left?
  11. 11.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  12. 12.True or false: “paper cups” is a one-time cost. (a) True (b) False
  13. 13.Which of these is a running cost? (a) a cash box (b) a folding table (c) paper cups (d) a cooler box
  14. 14.Farhan plans to make 27 bags of popcorn. Each needs ₹3 of materials, and a banner costs ₹220 once. What total budget is needed (in ₹)?
  15. 15.Which of these is a running cost? (a) a cooler box (b) sugar (c) a price board (d) a juicer
  16. 16.Dev has a budget of ₹300. The stock costs ₹100 and the stall fee is ₹250. Is the budget enough? (a) Yes (b) No
  17. 17.📒 One-time cost or running cost: card paper? (a) a one-time cost (b) a running cost
  18. 18.Riya’s stall budget is ₹750. Sugar cost ₹240, a banner cost ₹40 and pots cost ₹210. How many rupees of the budget are left?
  19. 19.Riya has a budget of ₹500. The stock costs ₹180 and the stall fee is ₹280. Is the budget enough? (a) Yes (b) No
  20. 20.Gurpreet has a budget of ₹800. The stock costs ₹330 and the stall fee is ₹520. Is the budget enough? (a) No (b) Yes
  21. 21.📒 One-time cost or running cost: paper cups? (a) a one-time cost (b) a running cost
  22. 22.🔍 Which is the odd one out? (a) sugar (b) tea leaves and milk (c) card paper (d) a folding table
  23. 23.True or false: “a price board” is a running cost. (a) True (b) False
  24. 24.Meera has a budget of ₹300. The stock costs ₹150 and the stall fee is ₹140. Is the budget enough? (a) Yes (b) No
  25. 25.Which of these is a one-time cost? (a) ice (b) sugar (c) a cash box (d) lemons
  26. 26.🔍 Which is the odd one out? (a) tea leaves and milk (b) seeds and soil (c) paper cups (d) a juicer
  27. 27.Diya’s stall budget is ₹540. Card paper cost ₹30, lemons cost ₹80 and seeds cost ₹200. How many rupees of the budget are left?
  28. 28.Nisha has a budget of ₹1000. The stock costs ₹320 and the stall fee is ₹650. Is the budget enough? (a) No (b) Yes
  29. 29.Riya plans to make 39 cupcakes. Each needs ₹4 of materials, and a banner costs ₹100 once. What total budget is needed (in ₹)?
  30. 30.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost
  31. 31.🔍 Which is the odd one out? (a) a juicer (b) a cash box (c) card paper (d) a price board
  32. 32.Arjun’s stall budget is ₹840. Lemons cost ₹210, card paper cost ₹270 and sugar cost ₹290. How many rupees of the budget are left?
  33. 33.Diya has ₹300 to spend on packets of seeds. One packet of seeds costs ₹12. What is the greatest number of packets of seeds Diya can buy?
  34. 34.🔍 Which is the odd one out? (a) a price board (b) ice (c) sugar (d) card paper
  35. 35.Dev’s stall budget is ₹610. Sugar cost ₹260, seeds cost ₹120 and ribbon cost ₹20. How many rupees of the budget are left?
  36. 36.Kabir has a budget of ₹1000. The stock costs ₹70 and the stall fee is ₹930. Is the budget enough? (a) Yes (b) No
  37. 37.True or false: “seeds and soil” is a one-time cost. (a) False (b) True
  38. 38.Kavya has ₹320 to spend on sheets of card paper. One sheet of card paper costs ₹12. What is the greatest number of sheets of card paper Kavya can buy?
  39. 39.📒 One-time cost or running cost: ice? (a) a one-time cost (b) a running cost
  40. 40.🔍 Which is the odd one out? (a) lemons (b) seeds and soil (c) a cash box (d) tea leaves and milk

Answer key

  1. a cloth banner
  2. 180
  3. 344
  4. 180
  5. 80
  6. 256
  7. card paper
  8. Yes
  9. Yes
  10. 220
  11. a one-time cost
  12. False
  13. paper cups
  14. 301
  15. sugar
  16. No
  17. a running cost
  18. 260
  19. Yes
  20. No
  21. a running cost
  22. a folding table
  23. False
  24. Yes
  25. a cash box
  26. a juicer
  27. 230
  28. Yes
  29. 256
  30. a one-time cost
  31. card paper
  32. 70
  33. 25
  34. a price board
  35. 210
  36. Yes
  37. False
  38. 26
  39. a running cost
  40. a cash box

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