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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 281 · 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) tea leaves and milk (b) a cash box (c) a folding table (d) a cooler box
  2. 2.🔍 Which is the odd one out? (a) seeds and soil (b) tea leaves and milk (c) a price board (d) card paper
  3. 3.Lakshmi plans to make 10 cups of lemonade. Each needs ₹10 of materials, and a banner costs ₹210 once. What total budget is needed (in ₹)?
  4. 4.True or false: “a cloth banner” is a running cost. (a) False (b) True
  5. 5.True or false: “lemons” is a one-time cost. (a) False (b) True
  6. 6.🔍 Which is the odd one out? (a) lemons (b) a price board (c) a folding table (d) a cooler box
  7. 7.🔍 Which is the odd one out? (a) tea leaves and milk (b) paper cups (c) sugar (d) a folding table
  8. 8.Ananya has a budget of ₹300. The stock costs ₹100 and the stall fee is ₹230. Is the budget enough? (a) Yes (b) No
  9. 9.Dev plans to make 24 fruit cups. Each needs ₹8 of materials, and a banner costs ₹180 once. What total budget is needed (in ₹)?
  10. 10.📒 One-time cost or running cost: sugar? (a) a running cost (b) a one-time cost
  11. 11.Ishaan has a budget of ₹400. The stock costs ₹90 and the stall fee is ₹360. Is the budget enough? (a) No (b) Yes
  12. 12.📒 One-time cost or running cost: a cloth banner? (a) a one-time cost (b) a running cost
  13. 13.True or false: “sugar” is a one-time cost. (a) False (b) True
  14. 14.Diya has ₹470 to spend on rolls of ribbon. One roll of ribbon costs ₹4. What is the greatest number of rolls of ribbon Diya can buy?
  15. 15.Rohan has ₹260 to spend on packs of cups. One pack of cups costs ₹8. What is the greatest number of packs of cups Rohan can buy?
  16. 16.Joseph has a budget of ₹600. The stock costs ₹130 and the stall fee is ₹430. Is the budget enough? (a) No (b) Yes
  17. 17.True or false: “ice” is a one-time cost. (a) True (b) False
  18. 18.Ananya plans to make 24 cups of lemonade. Each needs ₹5 of materials, and a banner costs ₹190 once. What total budget is needed (in ₹)?
  19. 19.Which of these is a running cost? (a) a folding table (b) a cooler box (c) ice (d) a cloth banner
  20. 20.🔍 Which is the odd one out? (a) ice (b) sugar (c) a cloth banner (d) seeds and soil
  21. 21.Lakshmi plans to make 10 glasses of chai. Each needs ₹6 of materials, and a banner costs ₹130 once. What total budget is needed (in ₹)?
  22. 22.Which of these is a one-time cost? (a) a juicer (b) paper cups (c) seeds and soil (d) ice
  23. 23.Kabir has ₹120 to spend on rolls of ribbon. One roll of ribbon costs ₹10. What is the greatest number of rolls of ribbon Kabir can buy?
  24. 24.Saanvi has a budget of ₹300. The stock costs ₹60 and the stall fee is ₹230. Is the budget enough? (a) No (b) Yes
  25. 25.Farhan plans to make 40 cups of lemonade. Each needs ₹2 of materials, and a banner costs ₹120 once. What total budget is needed (in ₹)?
  26. 26.🔍 Which is the odd one out? (a) ice (b) a cash box (c) a cooler box (d) a price board
  27. 27.📒 One-time cost or running cost: ice? (a) a one-time cost (b) a running cost
  28. 28.True or false: “a cash box” is a running cost. (a) True (b) False
  29. 29.🔍 Which is the odd one out? (a) sugar (b) lemons (c) paper cups (d) a juicer
  30. 30.Kabir’s stall budget is ₹580. Lemons cost ₹170, napkins cost ₹280 and a banner cost ₹70. How many rupees of the budget are left?
  31. 31.Aarav plans to make 13 jute bags. Each needs ₹6 of materials, and a banner costs ₹190 once. What total budget is needed (in ₹)?
  32. 32.Which of these is a running cost? (a) a cooler box (b) a cloth banner (c) a folding table (d) paper cups
  33. 33.📒 One-time cost or running cost: a cooler box? (a) a one-time cost (b) a running cost
  34. 34.Zoya plans to make 36 potted plants. Each needs ₹7 of materials, and a banner costs ₹210 once. What total budget is needed (in ₹)?
  35. 35.Nisha has ₹130 to spend on lemons. One lemon costs ₹12. What is the greatest number of lemons Nisha can buy?
  36. 36.Diya has ₹400 to spend on sheets of card paper. One sheet of card paper costs ₹4. What is the greatest number of sheets of card paper Diya can buy?
  37. 37.Riya’s stall budget is ₹430. Lemons cost ₹110, pots cost ₹150 and seeds cost ₹60. How many rupees of the budget are left?
  38. 38.📒 One-time cost or running cost: paper cups? (a) a one-time cost (b) a running cost
  39. 39.Aarav’s stall budget is ₹850. Paper cups cost ₹90, pots cost ₹210 and ribbon cost ₹300. How many rupees of the budget are left?
  40. 40.True or false: “a cooler box” is a running cost. (a) True (b) False

Answer key

  1. tea leaves and milk
  2. a price board
  3. 310
  4. False
  5. False
  6. lemons
  7. a folding table
  8. No
  9. 372
  10. a running cost
  11. No
  12. a one-time cost
  13. False
  14. 117
  15. 32
  16. Yes
  17. False
  18. 310
  19. ice
  20. a cloth banner
  21. 190
  22. a juicer
  23. 12
  24. Yes
  25. 200
  26. ice
  27. a running cost
  28. False
  29. a juicer
  30. 60
  31. 268
  32. paper cups
  33. a one-time cost
  34. 462
  35. 10
  36. 100
  37. 110
  38. a running cost
  39. 250
  40. False

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