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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 503 · 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.Ishaan plans to make 14 glasses of chai. Each needs ₹9 of materials, and a banner costs ₹90 once. What total budget is needed (in ₹)?
  2. 2.Which of these is a running cost? (a) seeds and soil (b) a cooler box (c) a price board (d) a juicer
  3. 3.🔍 Which is the odd one out? (a) lemons (b) sugar (c) a cooler box (d) tea leaves and milk
  4. 4.Gurpreet has ₹70 to spend on sheets of card paper. One sheet of card paper costs ₹4. What is the greatest number of sheets of card paper Gurpreet can buy?
  5. 5.Zoya plans to make 17 bags of popcorn. Each needs ₹2 of materials, and a banner costs ₹260 once. What total budget is needed (in ₹)?
  6. 6.Gurpreet’s stall budget is ₹250. A banner cost ₹100, a price board cost ₹100 and card paper cost ₹40. How many rupees of the budget are left?
  7. 7.🔍 Which is the odd one out? (a) a cloth banner (b) card paper (c) paper cups (d) seeds and soil
  8. 8.Nisha has ₹500 to spend on packets of seeds. One packet of seeds costs ₹12. What is the greatest number of packets of seeds Nisha can buy?
  9. 9.📒 One-time cost or running cost: a cloth banner? (a) a one-time cost (b) a running cost
  10. 10.True or false: “a cloth banner” is a one-time cost. (a) False (b) True
  11. 11.Diya has a budget of ₹900. The stock costs ₹50 and the stall fee is ₹860. Is the budget enough? (a) No (b) Yes
  12. 12.🔍 Which is the odd one out? (a) a cash box (b) card paper (c) a price board (d) a juicer
  13. 13.Which of these is a running cost? (a) a cash box (b) a cloth banner (c) a cooler box (d) tea leaves and milk
  14. 14.Which of these is a running cost? (a) a cloth banner (b) lemons (c) a juicer (d) a cooler box
  15. 15.Which of these is a one-time cost? (a) lemons (b) card paper (c) ice (d) a cooler box
  16. 16.🔍 Which is the odd one out? (a) a juicer (b) ice (c) sugar (d) lemons
  17. 17.Arjun’s stall budget is ₹870. Card paper cost ₹90, pots cost ₹270 and ribbon cost ₹220. How many rupees of the budget are left?
  18. 18.🔍 Which is the odd one out? (a) sugar (b) paper cups (c) a price board (d) card paper
  19. 19.True or false: “a folding table” is a one-time cost. (a) False (b) True
  20. 20.📒 One-time cost or running cost: sugar? (a) a running cost (b) a one-time cost
  21. 21.Zoya’s stall budget is ₹590. Ribbon cost ₹270, card paper cost ₹20 and lemons cost ₹100. How many rupees of the budget are left?
  22. 22.Kavya’s stall budget is ₹550. Pots cost ₹240, paper cups cost ₹60 and seeds cost ₹230. How many rupees of the budget are left?
  23. 23.🔍 Which is the odd one out? (a) lemons (b) card paper (c) sugar (d) a folding table
  24. 24.True or false: “a price board” is a running cost. (a) True (b) False
  25. 25.True or false: “a cooler box” is a one-time cost. (a) False (b) True
  26. 26.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
  27. 27.Which of these is a one-time cost? (a) seeds and soil (b) paper cups (c) card paper (d) a juicer
  28. 28.Vihaan plans to make 45 bags of popcorn. Each needs ₹8 of materials, and a banner costs ₹70 once. What total budget is needed (in ₹)?
  29. 29.Rohan has ₹390 to spend on packets of seeds. One packet of seeds costs ₹15. What is the greatest number of packets of seeds Rohan can buy?
  30. 30.📒 One-time cost or running cost: lemons? (a) a one-time cost (b) a running cost
  31. 31.🔍 Which is the odd one out? (a) card paper (b) sugar (c) a cash box (d) seeds and soil
  32. 32.Which of these is a running cost? (a) a cloth banner (b) a folding table (c) card paper (d) a cooler box
  33. 33.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  34. 34.Rohan plans to make 40 fruit cups. Each needs ₹5 of materials, and a banner costs ₹90 once. What total budget is needed (in ₹)?
  35. 35.Kavya’s stall budget is ₹810. Pots cost ₹200, napkins cost ₹260 and a banner cost ₹100. How many rupees of the budget are left?
  36. 36.True or false: “tea leaves and milk” is a one-time cost. (a) True (b) False
  37. 37.🔍 Which is the odd one out? (a) a price board (b) a cloth banner (c) paper cups (d) a cooler box
  38. 38.Which of these is a one-time cost? (a) card paper (b) a cash box (c) sugar (d) lemons
  39. 39.📒 One-time cost or running cost: a cash box? (a) a one-time cost (b) a running cost
  40. 40.True or false: “paper cups” is a running cost. (a) True (b) False

Answer key

  1. 216
  2. seeds and soil
  3. a cooler box
  4. 17
  5. 294
  6. 10
  7. a cloth banner
  8. 41
  9. a one-time cost
  10. True
  11. No
  12. card paper
  13. tea leaves and milk
  14. lemons
  15. a cooler box
  16. a juicer
  17. 290
  18. a price board
  19. True
  20. a running cost
  21. 200
  22. 20
  23. a folding table
  24. False
  25. True
  26. a one-time cost
  27. a juicer
  28. 430
  29. 26
  30. a running cost
  31. a cash box
  32. card paper
  33. a one-time cost
  34. 290
  35. 250
  36. False
  37. paper cups
  38. a cash box
  39. a one-time cost
  40. True

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