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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 337 · 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) tea leaves and milk (b) lemons (c) a price board (d) sugar
  2. 2.Ishaan plans to make 20 cups of lemonade. Each needs ₹3 of materials, and a banner costs ₹60 once. What total budget is needed (in ₹)?
  3. 3.Zoya has a budget of ₹700. The stock costs ₹130 and the stall fee is ₹620. Is the budget enough? (a) Yes (b) No
  4. 4.Ishaan plans to make 17 clay diyas. Each needs ₹7 of materials, and a banner costs ₹180 once. What total budget is needed (in ₹)?
  5. 5.Arjun plans to make 24 cupcakes. Each needs ₹3 of materials, and a banner costs ₹220 once. What total budget is needed (in ₹)?
  6. 6.Which of these is a one-time cost? (a) lemons (b) paper cups (c) ice (d) a folding table
  7. 7.Kabir’s stall budget is ₹520. Napkins cost ₹260, a banner cost ₹40 and a price board cost ₹170. How many rupees of the budget are left?
  8. 8.True or false: “a cloth banner” is a running cost. (a) True (b) False
  9. 9.Diya plans to make 12 potted plants. Each needs ₹4 of materials, and a banner costs ₹110 once. What total budget is needed (in ₹)?
  10. 10.Which of these is a running cost? (a) a cash box (b) a cloth banner (c) a cooler box (d) lemons
  11. 11.Diya has ₹180 to spend on packets of seeds. One packet of seeds costs ₹10. What is the greatest number of packets of seeds Diya can buy?
  12. 12.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  13. 13.🔍 Which is the odd one out? (a) a folding table (b) a cooler box (c) a price board (d) sugar
  14. 14.Riya plans to make 28 glasses of chai. Each needs ₹7 of materials, and a banner costs ₹300 once. What total budget is needed (in ₹)?
  15. 15.True or false: “a juicer” is a running cost. (a) True (b) False
  16. 16.🔍 Which is the odd one out? (a) a juicer (b) ice (c) a folding table (d) a cloth banner
  17. 17.📒 One-time cost or running cost: card paper? (a) a running cost (b) a one-time cost
  18. 18.Riya has a budget of ₹1000. The stock costs ₹380 and the stall fee is ₹640. Is the budget enough? (a) No (b) Yes
  19. 19.Vihaan plans to make 13 glasses of chai. Each needs ₹3 of materials, and a banner costs ₹160 once. What total budget is needed (in ₹)?
  20. 20.📒 One-time cost or running cost: lemons? (a) a running cost (b) a one-time cost
  21. 21.🔍 Which is the odd one out? (a) seeds and soil (b) a price board (c) a folding table (d) a juicer
  22. 22.True or false: “lemons” is a running cost. (a) True (b) False
  23. 23.True or false: “card paper” is a one-time cost. (a) True (b) False
  24. 24.Meera’s stall budget is ₹400. Ribbon cost ₹40, a price board cost ₹200 and paper cups cost ₹100. How many rupees of the budget are left?
  25. 25.📒 One-time cost or running cost: paper cups? (a) a one-time cost (b) a running cost
  26. 26.Zoya’s stall budget is ₹470. Paper cups cost ₹20, a banner cost ₹180 and lemons cost ₹90. How many rupees of the budget are left?
  27. 27.Dev has ₹120 to spend on lemons. One lemon costs ₹5. What is the greatest number of lemons Dev can buy?
  28. 28.Which of these is a running cost? (a) paper cups (b) a folding table (c) a price board (d) a cash box
  29. 29.True or false: “seeds and soil” is a running cost. (a) True (b) False
  30. 30.Zoya’s stall budget is ₹800. Card paper cost ₹220, a banner cost ₹160 and seeds cost ₹180. How many rupees of the budget are left?
  31. 31.🔍 Which is the odd one out? (a) tea leaves and milk (b) a cash box (c) a cooler box (d) a folding table
  32. 32.True or false: “sugar” is a running cost. (a) False (b) True
  33. 33.📒 One-time cost or running cost: a cooler box? (a) a one-time cost (b) a running cost
  34. 34.Rohan has a budget of ₹300. The stock costs ₹100 and the stall fee is ₹180. Is the budget enough? (a) No (b) Yes
  35. 35.True or false: “a price board” is a one-time cost. (a) False (b) True
  36. 36.Saanvi plans to make 49 handmade cards. Each needs ₹7 of materials, and a banner costs ₹150 once. What total budget is needed (in ₹)?
  37. 37.True or false: “a folding table” is a running cost. (a) True (b) False
  38. 38.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  39. 39.Which of these is a running cost? (a) a juicer (b) sugar (c) a price board (d) a folding table
  40. 40.Kavya’s stall budget is ₹730. A banner cost ₹300, napkins cost ₹210 and paper cups cost ₹20. How many rupees of the budget are left?

Answer key

  1. a price board
  2. 120
  3. No
  4. 299
  5. 292
  6. a folding table
  7. 50
  8. False
  9. 158
  10. lemons
  11. 18
  12. a one-time cost
  13. sugar
  14. 496
  15. False
  16. ice
  17. a running cost
  18. No
  19. 199
  20. a running cost
  21. seeds and soil
  22. True
  23. False
  24. 60
  25. a running cost
  26. 180
  27. 24
  28. paper cups
  29. True
  30. 240
  31. tea leaves and milk
  32. True
  33. a one-time cost
  34. Yes
  35. True
  36. 493
  37. False
  38. a one-time cost
  39. sugar
  40. 200

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