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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 493 · 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.Dev plans to make 33 bags of popcorn. Each needs ₹3 of materials, and a banner costs ₹80 once. What total budget is needed (in ₹)?
  2. 2.True or false: “a folding table” is a running cost. (a) False (b) True
  3. 3.Which of these is a running cost? (a) a cash box (b) a cloth banner (c) a price board (d) paper cups
  4. 4.Zoya has ₹340 to spend on packets of seeds. One packet of seeds costs ₹10. What is the greatest number of packets of seeds Zoya can buy?
  5. 5.Aarav plans to make 33 potted plants. Each needs ₹8 of materials, and a banner costs ₹160 once. What total budget is needed (in ₹)?
  6. 6.Which of these is a one-time cost? (a) a cash box (b) seeds and soil (c) sugar (d) paper cups
  7. 7.Which of these is a running cost? (a) seeds and soil (b) a price board (c) a folding table (d) a cooler box
  8. 8.📒 One-time cost or running cost: seeds and soil? (a) a one-time cost (b) a running cost
  9. 9.Tara has a budget of ₹800. The stock costs ₹140 and the stall fee is ₹650. Is the budget enough? (a) No (b) Yes
  10. 10.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost
  11. 11.Riya plans to make 40 cups of lemonade. Each needs ₹9 of materials, and a banner costs ₹230 once. What total budget is needed (in ₹)?
  12. 12.📒 One-time cost or running cost: paper cups? (a) a running cost (b) a one-time cost
  13. 13.Tara’s stall budget is ₹970. Card paper cost ₹250, paper cups cost ₹210 and a banner cost ₹280. How many rupees of the budget are left?
  14. 14.Meera plans to make 49 cups of lemonade. Each needs ₹7 of materials, and a banner costs ₹140 once. What total budget is needed (in ₹)?
  15. 15.True or false: “a cooler box” is a running cost. (a) False (b) True
  16. 16.🔍 Which is the odd one out? (a) a folding table (b) a cooler box (c) card paper (d) a price board
  17. 17.Riya has ₹80 to spend on packets of seeds. One packet of seeds costs ₹5. What is the greatest number of packets of seeds Riya can buy?
  18. 18.True or false: “tea leaves and milk” is a running cost. (a) True (b) False
  19. 19.Kavya plans to make 49 paper bookmarks. Each needs ₹7 of materials, and a banner costs ₹50 once. What total budget is needed (in ₹)?
  20. 20.Rohan has a budget of ₹1000. The stock costs ₹120 and the stall fee is ₹870. Is the budget enough? (a) Yes (b) No
  21. 21.Which of these is a one-time cost? (a) lemons (b) card paper (c) a price board (d) paper cups
  22. 22.📒 One-time cost or running cost: lemons? (a) a running cost (b) a one-time cost
  23. 23.Kabir has ₹240 to spend on packets of seeds. One packet of seeds costs ₹10. What is the greatest number of packets of seeds Kabir can buy?
  24. 24.📒 One-time cost or running cost: card paper? (a) a one-time cost (b) a running cost
  25. 25.Which of these is a running cost? (a) ice (b) a cash box (c) a price board (d) a folding table
  26. 26.Lakshmi has a budget of ₹500. The stock costs ₹80 and the stall fee is ₹410. Is the budget enough? (a) No (b) Yes
  27. 27.Ananya has a budget of ₹800. The stock costs ₹270 and the stall fee is ₹560. Is the budget enough? (a) Yes (b) No
  28. 28.Vihaan has ₹150 to spend on sheets of card paper. One sheet of card paper costs ₹4. What is the greatest number of sheets of card paper Vihaan can buy?
  29. 29.Which of these is a running cost? (a) a cooler box (b) a cloth banner (c) card paper (d) a folding table
  30. 30.Kabir has a budget of ₹1000. The stock costs ₹110 and the stall fee is ₹860. Is the budget enough? (a) Yes (b) No
  31. 31.Riya has ₹350 to spend on packs of cups. One pack of cups costs ₹6. What is the greatest number of packs of cups Riya can buy?
  32. 32.Which of these is a running cost? (a) lemons (b) a price board (c) a cash box (d) a folding table
  33. 33.📒 One-time cost or running cost: a price board? (a) a one-time cost (b) a running cost
  34. 34.Riya has a budget of ₹1000. The stock costs ₹70 and the stall fee is ₹890. Is the budget enough? (a) No (b) Yes
  35. 35.Aarav has a budget of ₹700. The stock costs ₹120 and the stall fee is ₹600. Is the budget enough? (a) No (b) Yes
  36. 36.Which of these is a one-time cost? (a) seeds and soil (b) card paper (c) lemons (d) a cloth banner
  37. 37.🔍 Which is the odd one out? (a) a juicer (b) a price board (c) seeds and soil (d) a folding table
  38. 38.🔍 Which is the odd one out? (a) seeds and soil (b) a price board (c) lemons (d) card paper
  39. 39.True or false: “a price board” is a running cost. (a) False (b) True
  40. 40.Which of these is a one-time cost? (a) a folding table (b) card paper (c) lemons (d) sugar

Answer key

  1. 179
  2. False
  3. paper cups
  4. 34
  5. 424
  6. a cash box
  7. seeds and soil
  8. a running cost
  9. Yes
  10. a one-time cost
  11. 590
  12. a running cost
  13. 230
  14. 483
  15. False
  16. card paper
  17. 16
  18. True
  19. 393
  20. Yes
  21. a price board
  22. a running cost
  23. 24
  24. a running cost
  25. ice
  26. Yes
  27. No
  28. 37
  29. card paper
  30. Yes
  31. 58
  32. lemons
  33. a one-time cost
  34. Yes
  35. No
  36. a cloth banner
  37. seeds and soil
  38. a price board
  39. False
  40. a folding table

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