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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 671 · 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.Tara plans to make 37 handmade cards. Each needs ₹7 of materials, and a banner costs ₹300 once. What total budget is needed (in ₹)?
  2. 2.📒 One-time cost or running cost: card paper? (a) a one-time cost (b) a running cost
  3. 3.True or false: “card paper” is a one-time cost. (a) False (b) True
  4. 4.Ananya’s stall budget is ₹710. Pots cost ₹150, napkins cost ₹180 and lemons cost ₹130. How many rupees of the budget are left?
  5. 5.Which of these is a one-time cost? (a) ice (b) paper cups (c) lemons (d) a folding table
  6. 6.Diya plans to make 14 cupcakes. Each needs ₹10 of materials, and a banner costs ₹260 once. What total budget is needed (in ₹)?
  7. 7.Which of these is a one-time cost? (a) lemons (b) card paper (c) a price board (d) paper cups
  8. 8.Nisha plans to make 16 clay diyas. Each needs ₹7 of materials, and a banner costs ₹280 once. What total budget is needed (in ₹)?
  9. 9.Kavya plans to make 35 friendship bands. Each needs ₹2 of materials, and a banner costs ₹140 once. What total budget is needed (in ₹)?
  10. 10.Ananya has a budget of ₹400. The stock costs ₹90 and the stall fee is ₹270. Is the budget enough? (a) No (b) Yes
  11. 11.Joseph plans to make 33 handmade cards. Each needs ₹10 of materials, and a banner costs ₹220 once. What total budget is needed (in ₹)?
  12. 12.Zoya plans to make 22 cups of lemonade. Each needs ₹3 of materials, and a banner costs ₹230 once. What total budget is needed (in ₹)?
  13. 13.🔍 Which is the odd one out? (a) a juicer (b) a folding table (c) sugar (d) a cooler box
  14. 14.Vihaan’s stall budget is ₹690. Paper cups cost ₹160, card paper cost ₹160 and ribbon cost ₹210. How many rupees of the budget are left?
  15. 15.Which of these is a one-time cost? (a) a cash box (b) card paper (c) ice (d) paper cups
  16. 16.🔍 Which is the odd one out? (a) a juicer (b) paper cups (c) a cash box (d) a folding table
  17. 17.Ishaan has a budget of ₹1000. The stock costs ₹370 and the stall fee is ₹660. Is the budget enough? (a) No (b) Yes
  18. 18.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  19. 19.Nisha plans to make 14 handmade cards. Each needs ₹7 of materials, and a banner costs ₹150 once. What total budget is needed (in ₹)?
  20. 20.Diya has ₹310 to spend on packs of cups. One pack of cups costs ₹12. What is the greatest number of packs of cups Diya can buy?
  21. 21.Farhan’s stall budget is ₹870. Sugar cost ₹180, card paper cost ₹300 and pots cost ₹110. How many rupees of the budget are left?
  22. 22.📒 One-time cost or running cost: a price board? (a) a one-time cost (b) a running cost
  23. 23.Ananya plans to make 19 glasses of chai. Each needs ₹4 of materials, and a banner costs ₹180 once. What total budget is needed (in ₹)?
  24. 24.Ananya plans to make 24 cups of lemonade. Each needs ₹10 of materials, and a banner costs ₹170 once. What total budget is needed (in ₹)?
  25. 25.📒 One-time cost or running cost: sugar? (a) a running cost (b) a one-time cost
  26. 26.🔍 Which is the odd one out? (a) a juicer (b) lemons (c) a cloth banner (d) a cooler box
  27. 27.True or false: “a cash box” is a running cost. (a) False (b) True
  28. 28.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
  29. 29.🔍 Which is the odd one out? (a) sugar (b) lemons (c) a juicer (d) paper cups
  30. 30.Which of these is a running cost? (a) a cooler box (b) a price board (c) lemons (d) a cash box
  31. 31.Which of these is a running cost? (a) seeds and soil (b) a cloth banner (c) a juicer (d) a price board
  32. 32.True or false: “a juicer” is a one-time cost. (a) False (b) True
  33. 33.Kavya’s stall budget is ₹670. Napkins cost ₹160, sugar cost ₹200 and a banner cost ₹250. How many rupees of the budget are left?
  34. 34.True or false: “tea leaves and milk” is a one-time cost. (a) True (b) False
  35. 35.Kavya has a budget of ₹500. The stock costs ₹70 and the stall fee is ₹450. Is the budget enough? (a) No (b) Yes
  36. 36.Which of these is a one-time cost? (a) sugar (b) ice (c) a juicer (d) paper cups
  37. 37.🔍 Which is the odd one out? (a) tea leaves and milk (b) a price board (c) a cooler box (d) a folding table
  38. 38.Joseph’s stall budget is ₹340. Paper cups cost ₹20, ribbon cost ₹160 and lemons cost ₹80. How many rupees of the budget are left?
  39. 39.Joseph’s stall budget is ₹540. Ribbon cost ₹260, pots cost ₹70 and paper cups cost ₹110. How many rupees of the budget are left?
  40. 40.Nisha plans to make 22 cups of lemonade. Each needs ₹4 of materials, and a banner costs ₹180 once. What total budget is needed (in ₹)?

Answer key

  1. 559
  2. a running cost
  3. False
  4. 250
  5. a folding table
  6. 400
  7. a price board
  8. 392
  9. 210
  10. Yes
  11. 550
  12. 296
  13. sugar
  14. 160
  15. a cash box
  16. paper cups
  17. No
  18. a one-time cost
  19. 248
  20. 25
  21. 280
  22. a one-time cost
  23. 256
  24. 410
  25. a running cost
  26. lemons
  27. False
  28. a running cost
  29. a juicer
  30. lemons
  31. seeds and soil
  32. True
  33. 60
  34. False
  35. No
  36. a juicer
  37. tea leaves and milk
  38. 80
  39. 100
  40. 268

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