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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 354 · 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.Kabir plans to make 37 glasses of chai. Each needs ₹8 of materials, and a banner costs ₹290 once. What total budget is needed (in ₹)?
  2. 2.🔍 Which is the odd one out? (a) a folding table (b) a price board (c) seeds and soil (d) a cloth banner
  3. 3.True or false: “tea leaves and milk” is a one-time cost. (a) True (b) False
  4. 4.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost
  5. 5.Which of these is a running cost? (a) a juicer (b) paper cups (c) a price board (d) a folding table
  6. 6.Lakshmi plans to make 23 glasses of chai. Each needs ₹7 of materials, and a banner costs ₹60 once. What total budget is needed (in ₹)?
  7. 7.True or false: “a cash box” is a running cost. (a) False (b) True
  8. 8.Arjun has a budget of ₹500. The stock costs ₹130 and the stall fee is ₹340. Is the budget enough? (a) No (b) Yes
  9. 9.📒 One-time cost or running cost: paper cups? (a) a one-time cost (b) a running cost
  10. 10.🔍 Which is the odd one out? (a) a juicer (b) tea leaves and milk (c) a cloth banner (d) a cash box
  11. 11.True or false: “paper cups” is a one-time cost. (a) False (b) True
  12. 12.Diya has ₹180 to spend on packs of cups. One pack of cups costs ₹8. What is the greatest number of packs of cups Diya can buy?
  13. 13.Nisha has a budget of ₹300. The stock costs ₹50 and the stall fee is ₹270. Is the budget enough? (a) Yes (b) No
  14. 14.True or false: “ice” is a one-time cost. (a) True (b) False
  15. 15.Arjun has a budget of ₹300. The stock costs ₹120 and the stall fee is ₹130. Is the budget enough? (a) Yes (b) No
  16. 16.True or false: “a juicer” is a running cost. (a) True (b) False
  17. 17.Aarav has a budget of ₹400. The stock costs ₹170 and the stall fee is ₹190. Is the budget enough? (a) Yes (b) No
  18. 18.True or false: “seeds and soil” is a running cost. (a) True (b) False
  19. 19.🔍 Which is the odd one out? (a) paper cups (b) seeds and soil (c) lemons (d) a cloth banner
  20. 20.Saanvi plans to make 14 cups of lemonade. Each needs ₹7 of materials, and a banner costs ₹130 once. What total budget is needed (in ₹)?
  21. 21.Arjun’s stall budget is ₹830. Sugar cost ₹280, lemons cost ₹210 and card paper cost ₹280. How many rupees of the budget are left?
  22. 22.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost
  23. 23.True or false: “paper cups” is a running cost. (a) False (b) True
  24. 24.Arjun has a budget of ₹300. The stock costs ₹100 and the stall fee is ₹190. Is the budget enough? (a) Yes (b) No
  25. 25.True or false: “a folding table” is a one-time cost. (a) False (b) True
  26. 26.Riya has ₹60 to spend on sheets of card paper. One sheet of card paper costs ₹5. What is the greatest number of sheets of card paper Riya can buy?
  27. 27.Ishaan has ₹80 to spend on packs of cups. One pack of cups costs ₹4. What is the greatest number of packs of cups Ishaan can buy?
  28. 28.📒 One-time cost or running cost: a cloth banner? (a) a one-time cost (b) a running cost
  29. 29.🔍 Which is the odd one out? (a) lemons (b) ice (c) a cash box (d) seeds and soil
  30. 30.📒 One-time cost or running cost: sugar? (a) a one-time cost (b) a running cost
  31. 31.📒 One-time cost or running cost: lemons? (a) a running cost (b) a one-time cost
  32. 32.🔍 Which is the odd one out? (a) a juicer (b) a folding table (c) a cloth banner (d) paper cups
  33. 33.Kabir’s stall budget is ₹880. Ribbon cost ₹270, lemons cost ₹270 and seeds cost ₹290. How many rupees of the budget are left?
  34. 34.True or false: “a cash box” is a one-time cost. (a) True (b) False
  35. 35.Which of these is a one-time cost? (a) paper cups (b) tea leaves and milk (c) sugar (d) a cloth banner
  36. 36.Dev has ₹400 to spend on lemons. One lemon costs ₹10. What is the greatest number of lemons Dev can buy?
  37. 37.Gurpreet’s stall budget is ₹580. Ribbon cost ₹250, card paper cost ₹50 and a banner cost ₹170. How many rupees of the budget are left?
  38. 38.📒 One-time cost or running cost: ice? (a) a one-time cost (b) a running cost
  39. 39.Kavya plans to make 28 friendship bands. Each needs ₹9 of materials, and a banner costs ₹240 once. What total budget is needed (in ₹)?
  40. 40.True or false: “lemons” is a running cost. (a) True (b) False

Answer key

  1. 586
  2. seeds and soil
  3. False
  4. a one-time cost
  5. paper cups
  6. 221
  7. False
  8. Yes
  9. a running cost
  10. tea leaves and milk
  11. False
  12. 22
  13. No
  14. False
  15. Yes
  16. False
  17. Yes
  18. True
  19. a cloth banner
  20. 228
  21. 60
  22. a one-time cost
  23. True
  24. Yes
  25. True
  26. 12
  27. 20
  28. a one-time cost
  29. a cash box
  30. a running cost
  31. a running cost
  32. paper cups
  33. 50
  34. True
  35. a cloth banner
  36. 40
  37. 110
  38. a running cost
  39. 492
  40. True

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