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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 572 · 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.Meera plans to make 17 bags of popcorn. Each needs ₹4 of materials, and a banner costs ₹260 once. What total budget is needed (in ₹)?
  2. 2.Kabir’s stall budget is ₹850. Paper cups cost ₹50, a price board cost ₹300 and pots cost ₹210. How many rupees of the budget are left?
  3. 3.True or false: “paper cups” is a one-time cost. (a) False (b) True
  4. 4.True or false: “seeds and soil” is a one-time cost. (a) True (b) False
  5. 5.Aarav has a budget of ₹300. The stock costs ₹50 and the stall fee is ₹290. Is the budget enough? (a) No (b) Yes
  6. 6.Which of these is a one-time cost? (a) a juicer (b) paper cups (c) seeds and soil (d) tea leaves and milk
  7. 7.Zoya has ₹250 to spend on packs of cups. One pack of cups costs ₹12. What is the greatest number of packs of cups Zoya can buy?
  8. 8.True or false: “a cloth banner” is a running cost. (a) False (b) True
  9. 9.🔍 Which is the odd one out? (a) paper cups (b) a juicer (c) card paper (d) seeds and soil
  10. 10.True or false: “a cash box” is a one-time cost. (a) False (b) True
  11. 11.Farhan plans to make 11 potted plants. Each needs ₹2 of materials, and a banner costs ₹140 once. What total budget is needed (in ₹)?
  12. 12.🔍 Which is the odd one out? (a) a juicer (b) a price board (c) a cash box (d) card paper
  13. 13.True or false: “a juicer” is a running cost. (a) False (b) True
  14. 14.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  15. 15.Which of these is a running cost? (a) a cash box (b) seeds and soil (c) a cooler box (d) a folding table
  16. 16.🔍 Which is the odd one out? (a) a cooler box (b) seeds and soil (c) a folding table (d) a price board
  17. 17.Meera’s stall budget is ₹770. Seeds cost ₹250, card paper cost ₹230 and a banner cost ₹180. How many rupees of the budget are left?
  18. 18.Vihaan has a budget of ₹800. The stock costs ₹370 and the stall fee is ₹480. Is the budget enough? (a) Yes (b) No
  19. 19.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
  20. 20.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost
  21. 21.Kavya plans to make 33 potted plants. Each needs ₹6 of materials, and a banner costs ₹50 once. What total budget is needed (in ₹)?
  22. 22.Zoya’s stall budget is ₹610. A banner cost ₹130, seeds cost ₹230 and paper cups cost ₹180. How many rupees of the budget are left?
  23. 23.Saanvi plans to make 21 jute bags. Each needs ₹10 of materials, and a banner costs ₹290 once. What total budget is needed (in ₹)?
  24. 24.Which of these is a one-time cost? (a) a folding table (b) lemons (c) tea leaves and milk (d) paper cups
  25. 25.Which of these is a running cost? (a) a cash box (b) paper cups (c) a juicer (d) a cooler box
  26. 26.Riya has a budget of ₹300. The stock costs ₹120 and the stall fee is ₹180. Is the budget enough? (a) No (b) Yes
  27. 27.Vihaan’s stall budget is ₹610. Seeds cost ₹150, sugar cost ₹150 and pots cost ₹70. How many rupees of the budget are left?
  28. 28.True or false: “paper cups” is a running cost. (a) False (b) True
  29. 29.📒 One-time cost or running cost: paper cups? (a) a running cost (b) a one-time cost
  30. 30.Kabir has a budget of ₹300. The stock costs ₹110 and the stall fee is ₹160. Is the budget enough? (a) No (b) Yes
  31. 31.Kavya’s stall budget is ₹400. Ribbon cost ₹120, seeds cost ₹90 and lemons cost ₹90. How many rupees of the budget are left?
  32. 32.Kavya plans to make 19 cupcakes. Each needs ₹7 of materials, and a banner costs ₹110 once. What total budget is needed (in ₹)?
  33. 33.Saanvi has a budget of ₹1000. The stock costs ₹280 and the stall fee is ₹760. Is the budget enough? (a) No (b) Yes
  34. 34.Which of these is a running cost? (a) ice (b) a cash box (c) a cooler box (d) a juicer
  35. 35.True or false: “sugar” is a one-time cost. (a) False (b) True
  36. 36.🔍 Which is the odd one out? (a) a cooler box (b) sugar (c) a price board (d) a folding table
  37. 37.📒 One-time cost or running cost: ice? (a) a running cost (b) a one-time cost
  38. 38.🔍 Which is the odd one out? (a) ice (b) tea leaves and milk (c) lemons (d) a cooler box
  39. 39.🔍 Which is the odd one out? (a) lemons (b) a folding table (c) seeds and soil (d) paper cups
  40. 40.Gurpreet has ₹110 to spend on packs of cups. One pack of cups costs ₹8. What is the greatest number of packs of cups Gurpreet can buy?

Answer key

  1. 328
  2. 290
  3. False
  4. False
  5. No
  6. a juicer
  7. 20
  8. False
  9. a juicer
  10. True
  11. 162
  12. card paper
  13. False
  14. a one-time cost
  15. seeds and soil
  16. seeds and soil
  17. 110
  18. No
  19. a one-time cost
  20. a one-time cost
  21. 248
  22. 70
  23. 500
  24. a folding table
  25. paper cups
  26. Yes
  27. 240
  28. True
  29. a running cost
  30. Yes
  31. 100
  32. 243
  33. No
  34. ice
  35. False
  36. sugar
  37. a running cost
  38. a cooler box
  39. a folding table
  40. 13

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