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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 453 · 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 running cost? (a) card paper (b) a price board (c) a cloth banner (d) a folding table
  2. 2.True or false: “a cash box” is a running cost. (a) False (b) True
  3. 3.Joseph’s stall budget is ₹480. Seeds cost ₹160, a banner cost ₹80 and card paper cost ₹150. How many rupees of the budget are left?
  4. 4.Lakshmi has ₹420 to spend on packs of cups. One pack of cups costs ₹15. What is the greatest number of packs of cups Lakshmi can buy?
  5. 5.Ishaan plans to make 14 cups of lemonade. Each needs ₹3 of materials, and a banner costs ₹100 once. What total budget is needed (in ₹)?
  6. 6.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  7. 7.🔍 Which is the odd one out? (a) a price board (b) tea leaves and milk (c) a cooler box (d) a folding table
  8. 8.📒 One-time cost or running cost: seeds and soil? (a) a one-time cost (b) a running cost
  9. 9.Farhan plans to make 27 cups of lemonade. Each needs ₹2 of materials, and a banner costs ₹190 once. What total budget is needed (in ₹)?
  10. 10.True or false: “a juicer” is a running cost. (a) True (b) False
  11. 11.Kavya has a budget of ₹500. The stock costs ₹160 and the stall fee is ₹300. Is the budget enough? (a) No (b) Yes
  12. 12.🔍 Which is the odd one out? (a) a juicer (b) sugar (c) a cooler box (d) a cash box
  13. 13.Which of these is a running cost? (a) a cloth banner (b) lemons (c) a juicer (d) a folding table
  14. 14.Joseph has a budget of ₹1000. The stock costs ₹200 and the stall fee is ₹830. Is the budget enough? (a) Yes (b) No
  15. 15.True or false: “ice” is a one-time cost. (a) False (b) True
  16. 16.Lakshmi plans to make 10 clay diyas. Each needs ₹8 of materials, and a banner costs ₹290 once. What total budget is needed (in ₹)?
  17. 17.🔍 Which is the odd one out? (a) paper cups (b) seeds and soil (c) lemons (d) a price board
  18. 18.📒 One-time cost or running cost: a price board? (a) a one-time cost (b) a running cost
  19. 19.Nisha’s stall budget is ₹760. A price board cost ₹90, card paper cost ₹270 and paper cups cost ₹210. How many rupees of the budget are left?
  20. 20.Riya’s stall budget is ₹1030. A banner cost ₹190, napkins cost ₹300 and ribbon cost ₹260. How many rupees of the budget are left?
  21. 21.True or false: “a price board” is a one-time cost. (a) False (b) True
  22. 22.Which of these is a one-time cost? (a) seeds and soil (b) sugar (c) a cash box (d) lemons
  23. 23.📒 One-time cost or running cost: a cooler box? (a) a one-time cost (b) a running cost
  24. 24.📒 One-time cost or running cost: paper cups? (a) a running cost (b) a one-time cost
  25. 25.True or false: “a folding table” is a one-time cost. (a) False (b) True
  26. 26.Arjun plans to make 39 bags of popcorn. Each needs ₹8 of materials, and a banner costs ₹60 once. What total budget is needed (in ₹)?
  27. 27.🔍 Which is the odd one out? (a) lemons (b) paper cups (c) ice (d) a cooler box
  28. 28.Saanvi has ₹450 to spend on packets of seeds. One packet of seeds costs ₹6. What is the greatest number of packets of seeds Saanvi can buy?
  29. 29.📒 One-time cost or running cost: lemons? (a) a one-time cost (b) a running cost
  30. 30.True or false: “paper cups” is a running cost. (a) False (b) True
  31. 31.🔍 Which is the odd one out? (a) seeds and soil (b) a folding table (c) a cooler box (d) a juicer
  32. 32.Kabir has ₹60 to spend on rolls of ribbon. One roll of ribbon costs ₹6. What is the greatest number of rolls of ribbon Kabir can buy?
  33. 33.Joseph has ₹90 to spend on packets of seeds. One packet of seeds costs ₹8. What is the greatest number of packets of seeds Joseph can buy?
  34. 34.True or false: “a juicer” is a one-time cost. (a) True (b) False
  35. 35.🔍 Which is the odd one out? (a) ice (b) a juicer (c) a price board (d) a cash box
  36. 36.Saanvi plans to make 19 glasses of chai. Each needs ₹2 of materials, and a banner costs ₹90 once. What total budget is needed (in ₹)?
  37. 37.Lakshmi has a budget of ₹600. The stock costs ₹110 and the stall fee is ₹540. Is the budget enough? (a) Yes (b) No
  38. 38.Saanvi plans to make 29 bags of popcorn. Each needs ₹10 of materials, and a banner costs ₹290 once. What total budget is needed (in ₹)?
  39. 39.Arjun’s stall budget is ₹640. Sugar cost ₹240, a banner cost ₹130 and seeds cost ₹230. How many rupees of the budget are left?
  40. 40.Tara has a budget of ₹400. The stock costs ₹120 and the stall fee is ₹280. Is the budget enough? (a) No (b) Yes

Answer key

  1. card paper
  2. False
  3. 90
  4. 28
  5. 142
  6. a one-time cost
  7. tea leaves and milk
  8. a running cost
  9. 244
  10. False
  11. Yes
  12. sugar
  13. lemons
  14. No
  15. False
  16. 370
  17. a price board
  18. a one-time cost
  19. 190
  20. 280
  21. True
  22. a cash box
  23. a one-time cost
  24. a running cost
  25. True
  26. 372
  27. a cooler box
  28. 75
  29. a running cost
  30. True
  31. seeds and soil
  32. 10
  33. 11
  34. True
  35. ice
  36. 128
  37. No
  38. 580
  39. 40
  40. Yes

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