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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 607 · 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.True or false: “a cooler box” is a one-time cost. (a) True (b) False
  3. 3.Kavya has a budget of ₹700. The stock costs ₹90 and the stall fee is ₹640. Is the budget enough? (a) No (b) Yes
  4. 4.📒 One-time cost or running cost: sugar? (a) a running cost (b) a one-time cost
  5. 5.Farhan plans to make 21 cups of lemonade. Each needs ₹8 of materials, and a banner costs ₹130 once. What total budget is needed (in ₹)?
  6. 6.🔍 Which is the odd one out? (a) a cash box (b) a juicer (c) a folding table (d) seeds and soil
  7. 7.📒 One-time cost or running cost: ice? (a) a one-time cost (b) a running cost
  8. 8.True or false: “a folding table” is a one-time cost. (a) False (b) True
  9. 9.Kabir has a budget of ₹500. The stock costs ₹90 and the stall fee is ₹380. Is the budget enough? (a) Yes (b) No
  10. 10.Lakshmi plans to make 36 bags of popcorn. Each needs ₹5 of materials, and a banner costs ₹210 once. What total budget is needed (in ₹)?
  11. 11.Kabir has ₹410 to spend on sheets of card paper. One sheet of card paper costs ₹8. What is the greatest number of sheets of card paper Kabir can buy?
  12. 12.🔍 Which is the odd one out? (a) a cash box (b) a price board (c) a juicer (d) tea leaves and milk
  13. 13.Saanvi plans to make 29 glasses of chai. Each needs ₹6 of materials, and a banner costs ₹50 once. What total budget is needed (in ₹)?
  14. 14.🔍 Which is the odd one out? (a) a cooler box (b) a price board (c) a cash box (d) card paper
  15. 15.📒 One-time cost or running cost: a cash box? (a) a one-time cost (b) a running cost
  16. 16.Gurpreet has a budget of ₹1000. The stock costs ₹80 and the stall fee is ₹870. Is the budget enough? (a) No (b) Yes
  17. 17.Kabir plans to make 13 cupcakes. Each needs ₹2 of materials, and a banner costs ₹190 once. What total budget is needed (in ₹)?
  18. 18.Tara has a budget of ₹500. The stock costs ₹140 and the stall fee is ₹370. Is the budget enough? (a) No (b) Yes
  19. 19.Nisha plans to make 25 jute bags. Each needs ₹8 of materials, and a banner costs ₹170 once. What total budget is needed (in ₹)?
  20. 20.Vihaan’s stall budget is ₹850. Paper cups cost ₹300, a price board cost ₹220 and a banner cost ₹290. How many rupees of the budget are left?
  21. 21.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost
  22. 22.Dev plans to make 18 bags of popcorn. Each needs ₹5 of materials, and a banner costs ₹250 once. What total budget is needed (in ₹)?
  23. 23.Dev has ₹150 to spend on sheets of card paper. One sheet of card paper costs ₹8. What is the greatest number of sheets of card paper Dev can buy?
  24. 24.True or false: “a juicer” is a one-time cost. (a) True (b) False
  25. 25.Dev has ₹60 to spend on packets of seeds. One packet of seeds costs ₹6. What is the greatest number of packets of seeds Dev can buy?
  26. 26.Which of these is a one-time cost? (a) sugar (b) ice (c) card paper (d) a juicer
  27. 27.Rohan has a budget of ₹700. The stock costs ₹120 and the stall fee is ₹540. Is the budget enough? (a) No (b) Yes
  28. 28.Zoya’s stall budget is ₹710. Paper cups cost ₹300, sugar cost ₹30 and lemons cost ₹300. How many rupees of the budget are left?
  29. 29.Vihaan plans to make 17 bags of popcorn. Each needs ₹7 of materials, and a banner costs ₹60 once. What total budget is needed (in ₹)?
  30. 30.Ananya’s stall budget is ₹700. A banner cost ₹140, ribbon cost ₹290 and lemons cost ₹70. How many rupees of the budget are left?
  31. 31.Which of these is a running cost? (a) a folding table (b) tea leaves and milk (c) a cooler box (d) a price board
  32. 32.Which of these is a running cost? (a) ice (b) a folding table (c) a cash box (d) a price board
  33. 33.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  34. 34.Kabir has ₹470 to spend on lemons. One lemon costs ₹20. What is the greatest number of lemons Kabir can buy?
  35. 35.Diya’s stall budget is ₹670. Card paper cost ₹300, pots cost ₹180 and napkins cost ₹20. How many rupees of the budget are left?
  36. 36.Vihaan plans to make 38 handmade cards. Each needs ₹2 of materials, and a banner costs ₹120 once. What total budget is needed (in ₹)?
  37. 37.Diya’s stall budget is ₹570. Card paper cost ₹110, seeds cost ₹210 and sugar cost ₹190. How many rupees of the budget are left?
  38. 38.Ananya’s stall budget is ₹690. Sugar cost ₹100, lemons cost ₹210 and a price board cost ₹200. How many rupees of the budget are left?
  39. 39.Joseph has a budget of ₹300. The stock costs ₹150 and the stall fee is ₹100. Is the budget enough? (a) No (b) Yes
  40. 40.🔍 Which is the odd one out? (a) lemons (b) sugar (c) paper cups (d) a price board

Answer key

  1. True
  2. True
  3. No
  4. a running cost
  5. 298
  6. seeds and soil
  7. a running cost
  8. True
  9. Yes
  10. 390
  11. 51
  12. tea leaves and milk
  13. 224
  14. card paper
  15. a one-time cost
  16. Yes
  17. 216
  18. No
  19. 370
  20. 40
  21. a one-time cost
  22. 340
  23. 18
  24. True
  25. 10
  26. a juicer
  27. Yes
  28. 80
  29. 179
  30. 200
  31. tea leaves and milk
  32. ice
  33. a one-time cost
  34. 23
  35. 170
  36. 196
  37. 60
  38. 180
  39. Yes
  40. a price board

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