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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 305 · 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.True or false: “a juicer” is a running cost. (a) True (b) False
  2. 2.Which of these is a running cost? (a) lemons (b) a juicer (c) a cooler box (d) a price board
  3. 3.Rohan plans to make 35 cups of lemonade. Each needs ₹2 of materials, and a banner costs ₹210 once. What total budget is needed (in ₹)?
  4. 4.Lakshmi’s stall budget is ₹370. Paper cups cost ₹20, pots cost ₹110 and a price board cost ₹30. How many rupees of the budget are left?
  5. 5.Kabir’s stall budget is ₹760. Napkins cost ₹190, lemons cost ₹120 and card paper cost ₹170. How many rupees of the budget are left?
  6. 6.Arjun plans to make 44 friendship bands. Each needs ₹2 of materials, and a banner costs ₹50 once. What total budget is needed (in ₹)?
  7. 7.Diya has a budget of ₹400. The stock costs ₹120 and the stall fee is ₹310. Is the budget enough? (a) No (b) Yes
  8. 8.Aarav has a budget of ₹700. The stock costs ₹200 and the stall fee is ₹510. Is the budget enough? (a) Yes (b) No
  9. 9.🔍 Which is the odd one out? (a) a folding table (b) a cash box (c) a juicer (d) seeds and soil
  10. 10.True or false: “a cloth banner” is a running cost. (a) False (b) True
  11. 11.🔍 Which is the odd one out? (a) sugar (b) a juicer (c) lemons (d) card paper
  12. 12.Diya plans to make 14 handmade cards. Each needs ₹7 of materials, and a banner costs ₹50 once. What total budget is needed (in ₹)?
  13. 13.True or false: “tea leaves and milk” is a running cost. (a) True (b) False
  14. 14.🔍 Which is the odd one out? (a) a juicer (b) ice (c) a cloth banner (d) a price board
  15. 15.🔍 Which is the odd one out? (a) lemons (b) ice (c) a cloth banner (d) paper cups
  16. 16.Lakshmi has ₹230 to spend on lemons. One lemon costs ₹20. What is the greatest number of lemons Lakshmi can buy?
  17. 17.Arjun plans to make 38 handmade cards. Each needs ₹7 of materials, and a banner costs ₹280 once. What total budget is needed (in ₹)?
  18. 18.🔍 Which is the odd one out? (a) card paper (b) paper cups (c) sugar (d) a folding table
  19. 19.Ananya plans to make 41 bags of popcorn. Each needs ₹9 of materials, and a banner costs ₹140 once. What total budget is needed (in ₹)?
  20. 20.Kavya’s stall budget is ₹670. Sugar cost ₹200, pots cost ₹280 and seeds cost ₹40. How many rupees of the budget are left?
  21. 21.True or false: “card paper” is a running cost. (a) True (b) False
  22. 22.Which of these is a one-time cost? (a) a folding table (b) card paper (c) lemons (d) sugar
  23. 23.Diya plans to make 26 glasses of chai. Each needs ₹10 of materials, and a banner costs ₹250 once. What total budget is needed (in ₹)?
  24. 24.Kabir plans to make 31 potted plants. Each needs ₹7 of materials, and a banner costs ₹250 once. What total budget is needed (in ₹)?
  25. 25.📒 One-time cost or running cost: lemons? (a) a running cost (b) a one-time cost
  26. 26.🔍 Which is the odd one out? (a) a cloth banner (b) a cooler box (c) a juicer (d) sugar
  27. 27.True or false: “paper cups” is a one-time cost. (a) True (b) False
  28. 28.True or false: “a folding table” is a one-time cost. (a) False (b) True
  29. 29.📒 One-time cost or running cost: seeds and soil? (a) a one-time cost (b) a running cost
  30. 30.Ananya has ₹240 to spend on sheets of card paper. One sheet of card paper costs ₹4. What is the greatest number of sheets of card paper Ananya can buy?
  31. 31.📒 One-time cost or running cost: card paper? (a) a running cost (b) a one-time cost
  32. 32.🔍 Which is the odd one out? (a) a cash box (b) a cooler box (c) lemons (d) a folding table
  33. 33.Lakshmi has a budget of ₹900. The stock costs ₹340 and the stall fee is ₹530. Is the budget enough? (a) No (b) Yes
  34. 34.True or false: “a cash box” is a one-time cost. (a) False (b) True
  35. 35.Which of these is a one-time cost? (a) card paper (b) a cloth banner (c) sugar (d) seeds and soil
  36. 36.📒 One-time cost or running cost: sugar? (a) a one-time cost (b) a running cost
  37. 37.Ishaan’s stall budget is ₹790. A price board cost ₹240, sugar cost ₹200 and seeds cost ₹60. How many rupees of the budget are left?
  38. 38.True or false: “lemons” is a one-time cost. (a) True (b) False
  39. 39.Which of these is a running cost? (a) a price board (b) a folding table (c) a juicer (d) paper cups
  40. 40.Zoya has a budget of ₹300. The stock costs ₹100 and the stall fee is ₹210. Is the budget enough? (a) Yes (b) No

Answer key

  1. False
  2. lemons
  3. 280
  4. 210
  5. 280
  6. 138
  7. No
  8. No
  9. seeds and soil
  10. False
  11. a juicer
  12. 148
  13. True
  14. ice
  15. a cloth banner
  16. 11
  17. 546
  18. a folding table
  19. 509
  20. 150
  21. True
  22. a folding table
  23. 510
  24. 467
  25. a running cost
  26. sugar
  27. False
  28. True
  29. a running cost
  30. 60
  31. a running cost
  32. lemons
  33. Yes
  34. True
  35. a cloth banner
  36. a running cost
  37. 290
  38. False
  39. paper cups
  40. No

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