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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 392 · 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 one-time cost. (a) False (b) True
  2. 2.True or false: “a folding table” is a running cost. (a) True (b) False
  3. 3.Kabir plans to make 28 glasses of chai. Each needs ₹5 of materials, and a banner costs ₹100 once. What total budget is needed (in ₹)?
  4. 4.Kabir plans to make 27 paper bookmarks. Each needs ₹5 of materials, and a banner costs ₹70 once. What total budget is needed (in ₹)?
  5. 5.Kabir has a budget of ₹1000. The stock costs ₹300 and the stall fee is ₹660. Is the budget enough? (a) No (b) Yes
  6. 6.Which of these is a running cost? (a) a price board (b) a cooler box (c) ice (d) a folding table
  7. 7.Saanvi has ₹130 to spend on lemons. One lemon costs ₹5. What is the greatest number of lemons Saanvi can buy?
  8. 8.True or false: “paper cups” is a one-time cost. (a) False (b) True
  9. 9.Which of these is a one-time cost? (a) a cloth banner (b) tea leaves and milk (c) paper cups (d) lemons
  10. 10.📒 One-time cost or running cost: a cooler box? (a) a one-time cost (b) a running cost
  11. 11.Kabir has ₹210 to spend on packs of cups. One pack of cups costs ₹12. What is the greatest number of packs of cups Kabir can buy?
  12. 12.🔍 Which is the odd one out? (a) a juicer (b) a cooler box (c) lemons (d) a price board
  13. 13.Which of these is a running cost? (a) a cash box (b) a price board (c) a cloth banner (d) paper cups
  14. 14.Nisha plans to make 31 painted pebbles. Each needs ₹2 of materials, and a banner costs ₹240 once. What total budget is needed (in ₹)?
  15. 15.True or false: “a juicer” is a running cost. (a) True (b) False
  16. 16.True or false: “a price board” is a one-time cost. (a) True (b) False
  17. 17.True or false: “sugar” is a one-time cost. (a) True (b) False
  18. 18.Which of these is a one-time cost? (a) a cooler box (b) sugar (c) seeds and soil (d) ice
  19. 19.Aarav has a budget of ₹800. The stock costs ₹60 and the stall fee is ₹730. Is the budget enough? (a) No (b) Yes
  20. 20.🔍 Which is the odd one out? (a) a cash box (b) a price board (c) a folding table (d) paper cups
  21. 21.True or false: “a price board” is a running cost. (a) True (b) False
  22. 22.🔍 Which is the odd one out? (a) paper cups (b) a cloth banner (c) card paper (d) ice
  23. 23.📒 One-time cost or running cost: sugar? (a) a one-time cost (b) a running cost
  24. 24.🔍 Which is the odd one out? (a) lemons (b) sugar (c) ice (d) a cooler box
  25. 25.Nisha has a budget of ₹800. The stock costs ₹50 and the stall fee is ₹710. Is the budget enough? (a) Yes (b) No
  26. 26.Joseph has ₹140 to spend on rolls of ribbon. One roll of ribbon costs ₹20. What is the greatest number of rolls of ribbon Joseph can buy?
  27. 27.Ananya’s stall budget is ₹670. A price board cost ₹150, card paper cost ₹280 and napkins cost ₹180. How many rupees of the budget are left?
  28. 28.True or false: “card paper” is a one-time cost. (a) True (b) False
  29. 29.True or false: “a folding table” is a one-time cost. (a) True (b) False
  30. 30.Which of these is a one-time cost? (a) paper cups (b) a juicer (c) card paper (d) tea leaves and milk
  31. 31.Farhan plans to make 18 glasses of chai. Each needs ₹2 of materials, and a banner costs ₹130 once. What total budget is needed (in ₹)?
  32. 32.Nisha’s stall budget is ₹450. Sugar cost ₹50, paper cups cost ₹30 and lemons cost ₹160. How many rupees of the budget are left?
  33. 33.Diya has a budget of ₹400. The stock costs ₹150 and the stall fee is ₹200. Is the budget enough? (a) No (b) Yes
  34. 34.Meera’s stall budget is ₹660. A banner cost ₹30, card paper cost ₹290 and ribbon cost ₹70. How many rupees of the budget are left?
  35. 35.Which of these is a running cost? (a) a cloth banner (b) tea leaves and milk (c) a juicer (d) a cash box
  36. 36.Riya has ₹80 to spend on rolls of ribbon. One roll of ribbon costs ₹4. What is the greatest number of rolls of ribbon Riya can buy?
  37. 37.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  38. 38.📒 One-time cost or running cost: ice? (a) a running cost (b) a one-time cost
  39. 39.Ananya plans to make 47 potted plants. Each needs ₹5 of materials, and a banner costs ₹80 once. What total budget is needed (in ₹)?
  40. 40.Kabir has ₹400 to spend on packets of seeds. One packet of seeds costs ₹12. What is the greatest number of packets of seeds Kabir can buy?

Answer key

  1. True
  2. False
  3. 240
  4. 205
  5. Yes
  6. ice
  7. 26
  8. False
  9. a cloth banner
  10. a one-time cost
  11. 17
  12. lemons
  13. paper cups
  14. 302
  15. False
  16. True
  17. False
  18. a cooler box
  19. Yes
  20. paper cups
  21. False
  22. a cloth banner
  23. a running cost
  24. a cooler box
  25. Yes
  26. 7
  27. 60
  28. False
  29. True
  30. a juicer
  31. 166
  32. 210
  33. Yes
  34. 270
  35. tea leaves and milk
  36. 20
  37. a one-time cost
  38. a running cost
  39. 315
  40. 33

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