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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 633 · 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.Kabir has a budget of ₹300. The stock costs ₹150 and the stall fee is ₹140. Is the budget enough? (a) No (b) Yes
  2. 2.Dev has a budget of ₹700. The stock costs ₹110 and the stall fee is ₹600. Is the budget enough? (a) Yes (b) No
  3. 3.Ananya has a budget of ₹500. The stock costs ₹120 and the stall fee is ₹430. Is the budget enough? (a) No (b) Yes
  4. 4.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
  5. 5.Nisha has ₹410 to spend on packets of seeds. One packet of seeds costs ₹15. What is the greatest number of packets of seeds Nisha can buy?
  6. 6.Rohan has a budget of ₹500. The stock costs ₹70 and the stall fee is ₹460. Is the budget enough? (a) No (b) Yes
  7. 7.Meera’s stall budget is ₹400. Card paper cost ₹120, seeds cost ₹20 and paper cups cost ₹50. How many rupees of the budget are left?
  8. 8.📒 One-time cost or running cost: tea leaves and milk? (a) a running cost (b) a one-time cost
  9. 9.Kavya’s stall budget is ₹820. Paper cups cost ₹130, a banner cost ₹300 and sugar cost ₹150. How many rupees of the budget are left?
  10. 10.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost
  11. 11.📒 One-time cost or running cost: sugar? (a) a one-time cost (b) a running cost
  12. 12.🔍 Which is the odd one out? (a) a juicer (b) a folding table (c) a cash box (d) paper cups
  13. 13.Kabir has a budget of ₹500. The stock costs ₹220 and the stall fee is ₹330. Is the budget enough? (a) No (b) Yes
  14. 14.🔍 Which is the odd one out? (a) a cloth banner (b) a price board (c) a folding table (d) card paper
  15. 15.Which of these is a one-time cost? (a) sugar (b) paper cups (c) a price board (d) tea leaves and milk
  16. 16.🔍 Which is the odd one out? (a) ice (b) a juicer (c) a folding table (d) a cloth banner
  17. 17.Rohan’s stall budget is ₹430. A banner cost ₹60, sugar cost ₹130 and ribbon cost ₹90. How many rupees of the budget are left?
  18. 18.True or false: “a folding table” is a running cost. (a) True (b) False
  19. 19.🔍 Which is the odd one out? (a) card paper (b) tea leaves and milk (c) seeds and soil (d) a cooler box
  20. 20.🔍 Which is the odd one out? (a) a cash box (b) sugar (c) ice (d) lemons
  21. 21.Kavya plans to make 10 glasses of chai. Each needs ₹8 of materials, and a banner costs ₹220 once. What total budget is needed (in ₹)?
  22. 22.🔍 Which is the odd one out? (a) sugar (b) tea leaves and milk (c) ice (d) a cloth banner
  23. 23.True or false: “a cloth banner” is a running cost. (a) False (b) True
  24. 24.🔍 Which is the odd one out? (a) tea leaves and milk (b) paper cups (c) card paper (d) a folding table
  25. 25.True or false: “card paper” is a running cost. (a) True (b) False
  26. 26.Which of these is a one-time cost? (a) paper cups (b) a cloth banner (c) card paper (d) seeds and soil
  27. 27.Rohan plans to make 37 handmade cards. Each needs ₹10 of materials, and a banner costs ₹150 once. What total budget is needed (in ₹)?
  28. 28.Vihaan has a budget of ₹400. The stock costs ₹100 and the stall fee is ₹350. Is the budget enough? (a) Yes (b) No
  29. 29.Joseph has a budget of ₹900. The stock costs ₹340 and the stall fee is ₹590. Is the budget enough? (a) Yes (b) No
  30. 30.Arjun plans to make 37 bags of popcorn. Each needs ₹6 of materials, and a banner costs ₹50 once. What total budget is needed (in ₹)?
  31. 31.Dev’s stall budget is ₹370. Napkins cost ₹130, pots cost ₹20 and lemons cost ₹20. How many rupees of the budget are left?
  32. 32.📒 One-time cost or running cost: paper cups? (a) a one-time cost (b) a running cost
  33. 33.Joseph has ₹390 to spend on sheets of card paper. One sheet of card paper costs ₹6. What is the greatest number of sheets of card paper Joseph can buy?
  34. 34.📒 One-time cost or running cost: card paper? (a) a one-time cost (b) a running cost
  35. 35.Riya plans to make 41 fruit cups. Each needs ₹4 of materials, and a banner costs ₹90 once. What total budget is needed (in ₹)?
  36. 36.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost
  37. 37.True or false: “a juicer” is a running cost. (a) False (b) True
  38. 38.Kabir plans to make 17 jute bags. Each needs ₹6 of materials, and a banner costs ₹160 once. What total budget is needed (in ₹)?
  39. 39.Which of these is a one-time cost? (a) tea leaves and milk (b) lemons (c) a juicer (d) card paper
  40. 40.True or false: “card paper” is a one-time cost. (a) False (b) True

Answer key

  1. Yes
  2. No
  3. No
  4. a one-time cost
  5. 27
  6. No
  7. 210
  8. a running cost
  9. 240
  10. a one-time cost
  11. a running cost
  12. paper cups
  13. No
  14. card paper
  15. a price board
  16. ice
  17. 150
  18. False
  19. a cooler box
  20. a cash box
  21. 300
  22. a cloth banner
  23. False
  24. a folding table
  25. True
  26. a cloth banner
  27. 520
  28. No
  29. No
  30. 272
  31. 200
  32. a running cost
  33. 65
  34. a running cost
  35. 254
  36. a one-time cost
  37. False
  38. 262
  39. a juicer
  40. False

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