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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 507 · 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.Joseph plans to make 29 cups of lemonade. Each needs ₹9 of materials, and a banner costs ₹130 once. What total budget is needed (in ₹)?
  2. 2.🔍 Which is the odd one out? (a) card paper (b) a folding table (c) a price board (d) a cloth banner
  3. 3.True or false: “paper cups” is a one-time cost. (a) True (b) False
  4. 4.True or false: “a cloth banner” is a one-time cost. (a) True (b) False
  5. 5.True or false: “a juicer” is a one-time cost. (a) True (b) False
  6. 6.Diya’s stall budget is ₹580. Pots cost ₹160, a banner cost ₹190 and sugar cost ₹90. How many rupees of the budget are left?
  7. 7.🔍 Which is the odd one out? (a) a folding table (b) a cloth banner (c) paper cups (d) a price board
  8. 8.True or false: “seeds and soil” is a running cost. (a) True (b) False
  9. 9.Arjun has a budget of ₹700. The stock costs ₹210 and the stall fee is ₹530. Is the budget enough? (a) Yes (b) No
  10. 10.Riya’s stall budget is ₹510. Sugar cost ₹40, card paper cost ₹300 and pots cost ₹50. How many rupees of the budget are left?
  11. 11.🔍 Which is the odd one out? (a) a cloth banner (b) paper cups (c) seeds and soil (d) tea leaves and milk
  12. 12.True or false: “a price board” is a running cost. (a) True (b) False
  13. 13.Vihaan plans to make 32 paper bookmarks. Each needs ₹7 of materials, and a banner costs ₹210 once. What total budget is needed (in ₹)?
  14. 14.Nisha plans to make 13 friendship bands. Each needs ₹7 of materials, and a banner costs ₹180 once. What total budget is needed (in ₹)?
  15. 15.Which of these is a running cost? (a) a juicer (b) a cloth banner (c) a folding table (d) seeds and soil
  16. 16.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  17. 17.Gurpreet’s stall budget is ₹610. Ribbon cost ₹50, paper cups cost ₹250 and seeds cost ₹230. How many rupees of the budget are left?
  18. 18.Ishaan plans to make 31 cups of lemonade. Each needs ₹3 of materials, and a banner costs ₹150 once. What total budget is needed (in ₹)?
  19. 19.Which of these is a running cost? (a) a cooler box (b) a juicer (c) sugar (d) a price board
  20. 20.🔍 Which is the odd one out? (a) a cash box (b) tea leaves and milk (c) seeds and soil (d) ice
  21. 21.Which of these is a one-time cost? (a) ice (b) tea leaves and milk (c) a cooler box (d) lemons
  22. 22.Riya plans to make 14 cupcakes. Each needs ₹9 of materials, and a banner costs ₹150 once. What total budget is needed (in ₹)?
  23. 23.Nisha has ₹250 to spend on lemons. One lemon costs ₹6. What is the greatest number of lemons Nisha can buy?
  24. 24.Farhan has a budget of ₹1000. The stock costs ₹270 and the stall fee is ₹760. Is the budget enough? (a) No (b) Yes
  25. 25.Riya has ₹210 to spend on lemons. One lemon costs ₹8. What is the greatest number of lemons Riya can buy?
  26. 26.True or false: “a cash box” is a one-time cost. (a) True (b) False
  27. 27.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  28. 28.Which of these is a running cost? (a) card paper (b) a folding table (c) a juicer (d) a price board
  29. 29.📒 One-time cost or running cost: seeds and soil? (a) a running cost (b) a one-time cost
  30. 30.📒 One-time cost or running cost: sugar? (a) a one-time cost (b) a running cost
  31. 31.Which of these is a one-time cost? (a) tea leaves and milk (b) a folding table (c) paper cups (d) seeds and soil
  32. 32.Gurpreet plans to make 14 glasses of chai. Each needs ₹3 of materials, and a banner costs ₹280 once. What total budget is needed (in ₹)?
  33. 33.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  34. 34.Ananya has a budget of ₹600. The stock costs ₹270 and the stall fee is ₹370. Is the budget enough? (a) Yes (b) No
  35. 35.📒 One-time cost or running cost: lemons? (a) a one-time cost (b) a running cost
  36. 36.Tara’s stall budget is ₹510. A price board cost ₹90, sugar cost ₹110 and paper cups cost ₹170. How many rupees of the budget are left?
  37. 37.🔍 Which is the odd one out? (a) paper cups (b) card paper (c) tea leaves and milk (d) a folding table
  38. 38.Ananya has a budget of ₹700. The stock costs ₹310 and the stall fee is ₹430. Is the budget enough? (a) Yes (b) No
  39. 39.Kavya has a budget of ₹400. The stock costs ₹60 and the stall fee is ₹380. Is the budget enough? (a) No (b) Yes
  40. 40.Vihaan has ₹100 to spend on packets of seeds. One packet of seeds costs ₹12. What is the greatest number of packets of seeds Vihaan can buy?

Answer key

  1. 391
  2. card paper
  3. False
  4. True
  5. True
  6. 140
  7. paper cups
  8. True
  9. No
  10. 120
  11. a cloth banner
  12. False
  13. 434
  14. 271
  15. seeds and soil
  16. a one-time cost
  17. 80
  18. 243
  19. sugar
  20. a cash box
  21. a cooler box
  22. 276
  23. 41
  24. No
  25. 26
  26. True
  27. a one-time cost
  28. card paper
  29. a running cost
  30. a running cost
  31. a folding table
  32. 322
  33. a one-time cost
  34. No
  35. a running cost
  36. 140
  37. a folding table
  38. No
  39. No
  40. 8

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