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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 540 · 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.True or false: “tea leaves and milk” is a running cost. (a) False (b) True
  2. 2.Which of these is a running cost? (a) seeds and soil (b) a juicer (c) a price board (d) a cooler box
  3. 3.Tara plans to make 16 paper bookmarks. Each needs ₹9 of materials, and a banner costs ₹240 once. What total budget is needed (in ₹)?
  4. 4.Aarav’s stall budget is ₹590. Napkins cost ₹130, card paper cost ₹210 and seeds cost ₹140. How many rupees of the budget are left?
  5. 5.Diya plans to make 14 bags of popcorn. Each needs ₹10 of materials, and a banner costs ₹120 once. What total budget is needed (in ₹)?
  6. 6.📒 One-time cost or running cost: card paper? (a) a one-time cost (b) a running cost
  7. 7.Arjun has ₹100 to spend on lemons. One lemon costs ₹4. What is the greatest number of lemons Arjun can buy?
  8. 8.📒 One-time cost or running cost: lemons? (a) a one-time cost (b) a running cost
  9. 9.Meera has ₹350 to spend on packets of seeds. One packet of seeds costs ₹6. What is the greatest number of packets of seeds Meera can buy?
  10. 10.True or false: “seeds and soil” is a running cost. (a) False (b) True
  11. 11.📒 One-time cost or running cost: a cash box? (a) a one-time cost (b) a running cost
  12. 12.🔍 Which is the odd one out? (a) a cash box (b) a folding table (c) a cloth banner (d) lemons
  13. 13.Rohan has a budget of ₹800. The stock costs ₹230 and the stall fee is ₹590. Is the budget enough? (a) Yes (b) No
  14. 14.Zoya plans to make 18 handmade cards. Each needs ₹9 of materials, and a banner costs ₹200 once. What total budget is needed (in ₹)?
  15. 15.Which of these is a one-time cost? (a) sugar (b) a folding table (c) card paper (d) lemons
  16. 16.🔍 Which is the odd one out? (a) seeds and soil (b) a cash box (c) paper cups (d) card paper
  17. 17.Farhan’s stall budget is ₹510. Paper cups cost ₹190, ribbon cost ₹40 and sugar cost ₹90. How many rupees of the budget are left?
  18. 18.Meera plans to make 43 cupcakes. Each needs ₹9 of materials, and a banner costs ₹90 once. What total budget is needed (in ₹)?
  19. 19.True or false: “a juicer” is a one-time cost. (a) True (b) False
  20. 20.Tara plans to make 25 cupcakes. Each needs ₹5 of materials, and a banner costs ₹90 once. What total budget is needed (in ₹)?
  21. 21.Joseph’s stall budget is ₹610. Paper cups cost ₹180, a banner cost ₹240 and seeds cost ₹160. How many rupees of the budget are left?
  22. 22.Which of these is a one-time cost? (a) seeds and soil (b) ice (c) sugar (d) a cooler box
  23. 23.Aarav has a budget of ₹1000. The stock costs ₹90 and the stall fee is ₹870. Is the budget enough? (a) No (b) Yes
  24. 24.True or false: “a folding table” is a running cost. (a) True (b) False
  25. 25.True or false: “tea leaves and milk” is a one-time cost. (a) True (b) False
  26. 26.Ishaan has ₹440 to spend on lemons. One lemon costs ₹8. What is the greatest number of lemons Ishaan can buy?
  27. 27.🔍 Which is the odd one out? (a) paper cups (b) ice (c) sugar (d) a price board
  28. 28.True or false: “a cloth banner” is a one-time cost. (a) False (b) True
  29. 29.📒 One-time cost or running cost: seeds and soil? (a) a running cost (b) a one-time cost
  30. 30.True or false: “card paper” is a running cost. (a) True (b) False
  31. 31.📒 One-time cost or running cost: a cooler box? (a) a one-time cost (b) a running cost
  32. 32.🔍 Which is the odd one out? (a) seeds and soil (b) a cloth banner (c) paper cups (d) ice
  33. 33.Ananya’s stall budget is ₹550. Lemons cost ₹180, a banner cost ₹110 and pots cost ₹90. How many rupees of the budget are left?
  34. 34.Saanvi has a budget of ₹400. The stock costs ₹100 and the stall fee is ₹310. Is the budget enough? (a) No (b) Yes
  35. 35.True or false: “lemons” is a running cost. (a) False (b) True
  36. 36.Nisha has a budget of ₹400. The stock costs ₹170 and the stall fee is ₹280. Is the budget enough? (a) Yes (b) No
  37. 37.True or false: “sugar” is a one-time cost. (a) False (b) True
  38. 38.Which of these is a running cost? (a) tea leaves and milk (b) a juicer (c) a folding table (d) a cooler box
  39. 39.Rohan has ₹120 to spend on packs of cups. One pack of cups costs ₹5. What is the greatest number of packs of cups Rohan can buy?
  40. 40.Dev plans to make 15 handmade cards. Each needs ₹9 of materials, and a banner costs ₹150 once. What total budget is needed (in ₹)?

Answer key

  1. True
  2. seeds and soil
  3. 384
  4. 110
  5. 260
  6. a running cost
  7. 25
  8. a running cost
  9. 58
  10. True
  11. a one-time cost
  12. lemons
  13. No
  14. 362
  15. a folding table
  16. a cash box
  17. 190
  18. 477
  19. True
  20. 215
  21. 30
  22. a cooler box
  23. Yes
  24. False
  25. False
  26. 55
  27. a price board
  28. True
  29. a running cost
  30. True
  31. a one-time cost
  32. a cloth banner
  33. 170
  34. No
  35. True
  36. No
  37. False
  38. tea leaves and milk
  39. 24
  40. 285

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