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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 362 · 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) ice (b) a juicer (c) a folding table (d) a cloth banner
  2. 2.Gurpreet’s stall budget is ₹650. Card paper cost ₹260, sugar cost ₹140 and seeds cost ₹70. How many rupees of the budget are left?
  3. 3.Tara has a budget of ₹800. The stock costs ₹190 and the stall fee is ₹660. Is the budget enough? (a) Yes (b) No
  4. 4.Ananya plans to make 10 glasses of chai. Each needs ₹3 of materials, and a banner costs ₹170 once. What total budget is needed (in ₹)?
  5. 5.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  6. 6.Which of these is a one-time cost? (a) paper cups (b) tea leaves and milk (c) card paper (d) a cloth banner
  7. 7.Which of these is a running cost? (a) a cash box (b) a price board (c) sugar (d) a folding table
  8. 8.Arjun’s stall budget is ₹410. Pots cost ₹130, napkins cost ₹30 and a banner cost ₹220. How many rupees of the budget are left?
  9. 9.📒 One-time cost or running cost: ice? (a) a one-time cost (b) a running cost
  10. 10.📒 One-time cost or running cost: a cooler box? (a) a one-time cost (b) a running cost
  11. 11.Which of these is a running cost? (a) a cooler box (b) a cash box (c) lemons (d) a folding table
  12. 12.Kabir plans to make 15 handmade cards. Each needs ₹4 of materials, and a banner costs ₹270 once. What total budget is needed (in ₹)?
  13. 13.True or false: “a cloth banner” is a running cost. (a) False (b) True
  14. 14.Rohan has a budget of ₹800. The stock costs ₹100 and the stall fee is ₹650. Is the budget enough? (a) Yes (b) No
  15. 15.Arjun has ₹130 to spend on packs of cups. One pack of cups costs ₹15. What is the greatest number of packs of cups Arjun can buy?
  16. 16.Ananya plans to make 34 cups of lemonade. Each needs ₹4 of materials, and a banner costs ₹260 once. What total budget is needed (in ₹)?
  17. 17.Joseph has ₹430 to spend on lemons. One lemon costs ₹15. What is the greatest number of lemons Joseph can buy?
  18. 18.True or false: “a cooler box” is a one-time cost. (a) False (b) True
  19. 19.📒 One-time cost or running cost: lemons? (a) a one-time cost (b) a running cost
  20. 20.🔍 Which is the odd one out? (a) a juicer (b) paper cups (c) a cooler box (d) a cash box
  21. 21.Which of these is a running cost? (a) a cloth banner (b) paper cups (c) a folding table (d) a cash box
  22. 22.Tara plans to make 11 jute bags. Each needs ₹10 of materials, and a banner costs ₹300 once. What total budget is needed (in ₹)?
  23. 23.True or false: “a cash box” is a running cost. (a) True (b) False
  24. 24.📒 One-time cost or running cost: card paper? (a) a one-time cost (b) a running cost
  25. 25.True or false: “card paper” is a one-time cost. (a) False (b) True
  26. 26.True or false: “tea leaves and milk” is a running cost. (a) True (b) False
  27. 27.Rohan plans to make 24 fruit cups. Each needs ₹6 of materials, and a banner costs ₹190 once. What total budget is needed (in ₹)?
  28. 28.True or false: “a price board” is a one-time cost. (a) False (b) True
  29. 29.Nisha’s stall budget is ₹550. Ribbon cost ₹160, card paper cost ₹210 and pots cost ₹150. How many rupees of the budget are left?
  30. 30.Which of these is a running cost? (a) a price board (b) a folding table (c) ice (d) a cloth banner
  31. 31.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  32. 32.Kavya has ₹370 to spend on packs of cups. One pack of cups costs ₹4. What is the greatest number of packs of cups Kavya can buy?
  33. 33.Meera’s stall budget is ₹870. Ribbon cost ₹240, a price board cost ₹290 and seeds cost ₹70. How many rupees of the budget are left?
  34. 34.Vihaan plans to make 16 friendship bands. Each needs ₹8 of materials, and a banner costs ₹250 once. What total budget is needed (in ₹)?
  35. 35.True or false: “a folding table” is a running cost. (a) True (b) False
  36. 36.Nisha has ₹260 to spend on lemons. One lemon costs ₹15. What is the greatest number of lemons Nisha can buy?
  37. 37.True or false: “a folding table” is a one-time cost. (a) True (b) False
  38. 38.Arjun has a budget of ₹500. The stock costs ₹130 and the stall fee is ₹320. Is the budget enough? (a) No (b) Yes
  39. 39.Aarav has ₹490 to spend on packets of seeds. One packet of seeds costs ₹10. What is the greatest number of packets of seeds Aarav can buy?
  40. 40.Kabir has ₹380 to spend on rolls of ribbon. One roll of ribbon costs ₹5. What is the greatest number of rolls of ribbon Kabir can buy?

Answer key

  1. ice
  2. 180
  3. No
  4. 200
  5. a one-time cost
  6. a cloth banner
  7. sugar
  8. 30
  9. a running cost
  10. a one-time cost
  11. lemons
  12. 330
  13. False
  14. Yes
  15. 8
  16. 396
  17. 28
  18. True
  19. a running cost
  20. paper cups
  21. paper cups
  22. 410
  23. False
  24. a running cost
  25. False
  26. True
  27. 334
  28. True
  29. 30
  30. ice
  31. a one-time cost
  32. 92
  33. 270
  34. 378
  35. False
  36. 17
  37. True
  38. Yes
  39. 49
  40. 76

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