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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 400 · 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: “ice” is a running cost. (a) True (b) False
  2. 2.🔍 Which is the odd one out? (a) lemons (b) a juicer (c) sugar (d) card paper
  3. 3.Meera has ₹100 to spend on rolls of ribbon. One roll of ribbon costs ₹5. What is the greatest number of rolls of ribbon Meera can buy?
  4. 4.Farhan’s stall budget is ₹510. A price board cost ₹160, ribbon cost ₹180 and lemons cost ₹160. How many rupees of the budget are left?
  5. 5.Meera’s stall budget is ₹830. Lemons cost ₹290, card paper cost ₹120 and paper cups cost ₹220. How many rupees of the budget are left?
  6. 6.Meera has ₹60 to spend on packets of seeds. One packet of seeds costs ₹5. What is the greatest number of packets of seeds Meera can buy?
  7. 7.Zoya plans to make 38 bags of popcorn. Each needs ₹5 of materials, and a banner costs ₹200 once. What total budget is needed (in ₹)?
  8. 8.True or false: “a price board” is a running cost. (a) True (b) False
  9. 9.Diya’s stall budget is ₹670. Paper cups cost ₹150, sugar cost ₹240 and pots cost ₹250. How many rupees of the budget are left?
  10. 10.🔍 Which is the odd one out? (a) tea leaves and milk (b) a folding table (c) lemons (d) sugar
  11. 11.🔍 Which is the odd one out? (a) lemons (b) a folding table (c) a price board (d) a cooler box
  12. 12.🔍 Which is the odd one out? (a) a price board (b) sugar (c) seeds and soil (d) lemons
  13. 13.True or false: “a cooler box” is a one-time cost. (a) True (b) False
  14. 14.📒 One-time cost or running cost: ice? (a) a running cost (b) a one-time cost
  15. 15.Which of these is a running cost? (a) a juicer (b) sugar (c) a cloth banner (d) a price board
  16. 16.Lakshmi has ₹280 to spend on rolls of ribbon. One roll of ribbon costs ₹5. What is the greatest number of rolls of ribbon Lakshmi can buy?
  17. 17.📒 One-time cost or running cost: a cash box? (a) a one-time cost (b) a running cost
  18. 18.🔍 Which is the odd one out? (a) ice (b) sugar (c) a cloth banner (d) seeds and soil
  19. 19.Vihaan has a budget of ₹800. The stock costs ₹290 and the stall fee is ₹480. Is the budget enough? (a) Yes (b) No
  20. 20.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
  21. 21.Which of these is a running cost? (a) paper cups (b) a juicer (c) a cloth banner (d) a cash box
  22. 22.True or false: “card paper” is a one-time cost. (a) True (b) False
  23. 23.Which of these is a one-time cost? (a) sugar (b) lemons (c) paper cups (d) a folding table
  24. 24.True or false: “card paper” is a running cost. (a) False (b) True
  25. 25.Meera plans to make 35 potted plants. Each needs ₹7 of materials, and a banner costs ₹280 once. What total budget is needed (in ₹)?
  26. 26.Aarav’s stall budget is ₹400. Ribbon cost ₹130, sugar cost ₹40 and seeds cost ₹200. How many rupees of the budget are left?
  27. 27.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost
  28. 28.Which of these is a running cost? (a) a folding table (b) a cooler box (c) a cash box (d) seeds and soil
  29. 29.Arjun plans to make 20 cups of lemonade. Each needs ₹8 of materials, and a banner costs ₹70 once. What total budget is needed (in ₹)?
  30. 30.Which of these is a one-time cost? (a) paper cups (b) ice (c) a cooler box (d) lemons
  31. 31.📒 One-time cost or running cost: a cloth banner? (a) a one-time cost (b) a running cost
  32. 32.True or false: “a cloth banner” is a running cost. (a) False (b) True
  33. 33.🔍 Which is the odd one out? (a) a price board (b) a cooler box (c) a cash box (d) card paper
  34. 34.Lakshmi plans to make 49 cupcakes. Each needs ₹2 of materials, and a banner costs ₹180 once. What total budget is needed (in ₹)?
  35. 35.True or false: “seeds and soil” is a running cost. (a) True (b) False
  36. 36.True or false: “a price board” is a one-time cost. (a) True (b) False
  37. 37.Riya’s stall budget is ₹710. Lemons cost ₹170, a banner cost ₹50 and pots cost ₹190. How many rupees of the budget are left?
  38. 38.Kavya’s stall budget is ₹570. A banner cost ₹50, seeds cost ₹180 and napkins cost ₹180. How many rupees of the budget are left?
  39. 39.Which of these is a running cost? (a) lemons (b) a price board (c) a cooler box (d) a folding table
  40. 40.True or false: “sugar” is a one-time cost. (a) True (b) False

Answer key

  1. True
  2. a juicer
  3. 20
  4. 10
  5. 200
  6. 12
  7. 390
  8. False
  9. 30
  10. a folding table
  11. lemons
  12. a price board
  13. True
  14. a running cost
  15. sugar
  16. 56
  17. a one-time cost
  18. a cloth banner
  19. Yes
  20. a running cost
  21. paper cups
  22. False
  23. a folding table
  24. True
  25. 525
  26. 30
  27. a one-time cost
  28. seeds and soil
  29. 230
  30. a cooler box
  31. a one-time cost
  32. False
  33. card paper
  34. 278
  35. True
  36. True
  37. 300
  38. 160
  39. lemons
  40. False

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