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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 616 · 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.Nisha plans to make 39 cupcakes. Each needs ₹6 of materials, and a banner costs ₹110 once. What total budget is needed (in ₹)?
  2. 2.Tara has a budget of ₹500. The stock costs ₹80 and the stall fee is ₹460. Is the budget enough? (a) Yes (b) No
  3. 3.Which of these is a one-time cost? (a) paper cups (b) seeds and soil (c) ice (d) a cash box
  4. 4.📒 One-time cost or running cost: paper cups? (a) a one-time cost (b) a running cost
  5. 5.True or false: “a cooler box” is a one-time cost. (a) True (b) False
  6. 6.🔍 Which is the odd one out? (a) ice (b) tea leaves and milk (c) sugar (d) a cloth banner
  7. 7.Kavya’s stall budget is ₹670. A banner cost ₹270, sugar cost ₹80 and lemons cost ₹290. How many rupees of the budget are left?
  8. 8.True or false: “a folding table” is a one-time cost. (a) True (b) False
  9. 9.Meera’s stall budget is ₹940. A banner cost ₹280, pots cost ₹220 and lemons cost ₹300. How many rupees of the budget are left?
  10. 10.Nisha has a budget of ₹300. The stock costs ₹140 and the stall fee is ₹150. Is the budget enough? (a) Yes (b) No
  11. 11.📒 One-time cost or running cost: seeds and soil? (a) a running cost (b) a one-time cost
  12. 12.Nisha has ₹70 to spend on packets of seeds. One packet of seeds costs ₹8. What is the greatest number of packets of seeds Nisha can buy?
  13. 13.Aarav has ₹80 to spend on lemons. One lemon costs ₹8. What is the greatest number of lemons Aarav can buy?
  14. 14.Dev has ₹160 to spend on lemons. One lemon costs ₹12. What is the greatest number of lemons Dev can buy?
  15. 15.Which of these is a one-time cost? (a) paper cups (b) a juicer (c) ice (d) sugar
  16. 16.🔍 Which is the odd one out? (a) lemons (b) a cloth banner (c) a cooler box (d) a price board
  17. 17.Dev has a budget of ₹400. The stock costs ₹80 and the stall fee is ₹370. Is the budget enough? (a) No (b) Yes
  18. 18.🔍 Which is the odd one out? (a) ice (b) a cash box (c) a cooler box (d) a juicer
  19. 19.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  20. 20.📒 One-time cost or running cost: lemons? (a) a one-time cost (b) a running cost
  21. 21.True or false: “a juicer” is a running cost. (a) True (b) False
  22. 22.Ananya has a budget of ₹300. The stock costs ₹70 and the stall fee is ₹210. Is the budget enough? (a) Yes (b) No
  23. 23.True or false: “a cloth banner” is a running cost. (a) True (b) False
  24. 24.🔍 Which is the odd one out? (a) paper cups (b) a folding table (c) a cloth banner (d) a cooler box
  25. 25.Joseph plans to make 38 bags of popcorn. Each needs ₹9 of materials, and a banner costs ₹140 once. What total budget is needed (in ₹)?
  26. 26.🔍 Which is the odd one out? (a) ice (b) tea leaves and milk (c) lemons (d) a juicer
  27. 27.🔍 Which is the odd one out? (a) seeds and soil (b) card paper (c) a price board (d) paper cups
  28. 28.True or false: “card paper” is a one-time cost. (a) True (b) False
  29. 29.Kavya plans to make 31 fruit cups. Each needs ₹3 of materials, and a banner costs ₹230 once. What total budget is needed (in ₹)?
  30. 30.Diya’s stall budget is ₹500. A banner cost ₹70, card paper cost ₹30 and seeds cost ₹200. How many rupees of the budget are left?
  31. 31.True or false: “a folding table” is a running cost. (a) True (b) False
  32. 32.Saanvi’s stall budget is ₹740. A banner cost ₹140, lemons cost ₹90 and sugar cost ₹280. How many rupees of the budget are left?
  33. 33.True or false: “a cloth banner” is a one-time cost. (a) True (b) False
  34. 34.Ishaan’s stall budget is ₹370. A banner cost ₹90, seeds cost ₹70 and napkins cost ₹180. How many rupees of the budget are left?
  35. 35.Riya has ₹410 to spend on packs of cups. One pack of cups costs ₹5. What is the greatest number of packs of cups Riya can buy?
  36. 36.🔍 Which is the odd one out? (a) paper cups (b) a cash box (c) tea leaves and milk (d) sugar
  37. 37.Nisha plans to make 19 handmade cards. Each needs ₹4 of materials, and a banner costs ₹180 once. What total budget is needed (in ₹)?
  38. 38.Ananya has a budget of ₹1000. The stock costs ₹320 and the stall fee is ₹690. Is the budget enough? (a) No (b) Yes
  39. 39.📒 One-time cost or running cost: sugar? (a) a one-time cost (b) a running cost
  40. 40.Saanvi plans to make 19 cups of lemonade. Each needs ₹6 of materials, and a banner costs ₹240 once. What total budget is needed (in ₹)?

Answer key

  1. 344
  2. No
  3. a cash box
  4. a running cost
  5. True
  6. a cloth banner
  7. 30
  8. True
  9. 140
  10. Yes
  11. a running cost
  12. 8
  13. 10
  14. 13
  15. a juicer
  16. lemons
  17. No
  18. ice
  19. a one-time cost
  20. a running cost
  21. False
  22. Yes
  23. False
  24. paper cups
  25. 482
  26. a juicer
  27. a price board
  28. False
  29. 323
  30. 200
  31. False
  32. 230
  33. True
  34. 30
  35. 82
  36. a cash box
  37. 256
  38. No
  39. a running cost
  40. 354

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