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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 465 · 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.

NameDateTime takenScore ___ / 40
  1. 1.Arjun plans to make 12 bags of popcorn. Each needs ₹4 of materials, and a banner costs ₹140 once. What total budget is needed (in ₹)?
  2. 2.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
  3. 3.Zoya has a budget of ₹900. The stock costs ₹350 and the stall fee is ₹500. Is the budget enough? (a) Yes (b) No
  4. 4.Riya plans to make 49 paper bookmarks. Each needs ₹3 of materials, and a banner costs ₹90 once. What total budget is needed (in ₹)?
  5. 5.Nisha has a budget of ₹500. The stock costs ₹70 and the stall fee is ₹440. Is the budget enough? (a) No (b) Yes
  6. 6.📒 One-time cost or running cost: sugar? (a) a one-time cost (b) a running cost
  7. 7.📒 One-time cost or running cost: lemons? (a) a one-time cost (b) a running cost
  8. 8.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost
  9. 9.Ishaan plans to make 22 bags of popcorn. Each needs ₹6 of materials, and a banner costs ₹270 once. What total budget is needed (in ₹)?
  10. 10.Which of these is a one-time cost? (a) a cooler box (b) seeds and soil (c) card paper (d) lemons
  11. 11.Rohan has ₹440 to spend on lemons. One lemon costs ₹15. What is the greatest number of lemons Rohan can buy?
  12. 12.Joseph has a budget of ₹400. The stock costs ₹140 and the stall fee is ₹230. Is the budget enough? (a) Yes (b) No
  13. 13.📒 One-time cost or running cost: ice? (a) a one-time cost (b) a running cost
  14. 14.Which of these is a running cost? (a) a folding table (b) a cash box (c) sugar (d) a cloth banner
  15. 15.Joseph plans to make 16 glasses of chai. Each needs ₹9 of materials, and a banner costs ₹210 once. What total budget is needed (in ₹)?
  16. 16.Rohan’s stall budget is ₹560. Lemons cost ₹260, seeds cost ₹20 and pots cost ₹200. How many rupees of the budget are left?
  17. 17.🔍 Which is the odd one out? (a) a juicer (b) a cooler box (c) sugar (d) a price board
  18. 18.📒 One-time cost or running cost: paper cups? (a) a running cost (b) a one-time cost
  19. 19.Arjun plans to make 41 bags of popcorn. Each needs ₹6 of materials, and a banner costs ₹90 once. What total budget is needed (in ₹)?
  20. 20.Ishaan has a budget of ₹500. The stock costs ₹80 and the stall fee is ₹460. Is the budget enough? (a) Yes (b) No
  21. 21.Tara’s stall budget is ₹970. Seeds cost ₹250, lemons cost ₹180 and sugar cost ₹250. How many rupees of the budget are left?
  22. 22.True or false: “a cash box” is a one-time cost. (a) False (b) True
  23. 23.Gurpreet plans to make 15 fruit cups. Each needs ₹3 of materials, and a banner costs ₹280 once. What total budget is needed (in ₹)?
  24. 24.Vihaan has ₹80 to spend on sheets of card paper. One sheet of card paper costs ₹10. What is the greatest number of sheets of card paper Vihaan can buy?
  25. 25.📒 One-time cost or running cost: tea leaves and milk? (a) a running cost (b) a one-time cost
  26. 26.Kabir’s stall budget is ₹660. Lemons cost ₹280, a banner cost ₹290 and ribbon cost ₹70. How many rupees of the budget are left?
  27. 27.🔍 Which is the odd one out? (a) tea leaves and milk (b) a cloth banner (c) sugar (d) paper cups
  28. 28.Nisha plans to make 10 handmade cards. Each needs ₹7 of materials, and a banner costs ₹280 once. What total budget is needed (in ₹)?
  29. 29.True or false: “a cooler box” is a running cost. (a) False (b) True
  30. 30.🔍 Which is the odd one out? (a) a juicer (b) a cooler box (c) a price board (d) card paper
  31. 31.True or false: “a cloth banner” is a running cost. (a) False (b) True
  32. 32.🔍 Which is the odd one out? (a) a cooler box (b) paper cups (c) a folding table (d) a cloth banner
  33. 33.True or false: “ice” is a one-time cost. (a) False (b) True
  34. 34.Which of these is a one-time cost? (a) tea leaves and milk (b) a cash box (c) sugar (d) lemons
  35. 35.📒 One-time cost or running cost: a cloth banner? (a) a one-time cost (b) a running cost
  36. 36.Rohan has a budget of ₹800. The stock costs ₹200 and the stall fee is ₹650. Is the budget enough? (a) No (b) Yes
  37. 37.Vihaan’s stall budget is ₹330. A banner cost ₹40, lemons cost ₹100 and paper cups cost ₹120. How many rupees of the budget are left?
  38. 38.Saanvi’s stall budget is ₹620. Ribbon cost ₹200, paper cups cost ₹130 and a banner cost ₹100. How many rupees of the budget are left?
  39. 39.Which of these is a one-time cost? (a) ice (b) a cloth banner (c) tea leaves and milk (d) sugar
  40. 40.Tara plans to make 26 clay diyas. Each needs ₹7 of materials, and a banner costs ₹150 once. What total budget is needed (in ₹)?

Answer key

  1. 188
  2. a one-time cost
  3. Yes
  4. 237
  5. No
  6. a running cost
  7. a running cost
  8. a one-time cost
  9. 402
  10. a cooler box
  11. 29
  12. Yes
  13. a running cost
  14. sugar
  15. 354
  16. 80
  17. sugar
  18. a running cost
  19. 336
  20. No
  21. 290
  22. True
  23. 325
  24. 8
  25. a running cost
  26. 20
  27. a cloth banner
  28. 350
  29. False
  30. card paper
  31. False
  32. paper cups
  33. False
  34. a cash box
  35. a one-time cost
  36. No
  37. 70
  38. 190
  39. a cloth banner
  40. 332

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