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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 681 · 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.Saanvi has a budget of ₹1000. The stock costs ₹150 and the stall fee is ₹800. Is the budget enough? (a) Yes (b) No
  2. 2.🔍 Which is the odd one out? (a) a cloth banner (b) lemons (c) tea leaves and milk (d) ice
  3. 3.📒 One-time cost or running cost: a cloth banner? (a) a one-time cost (b) a running cost
  4. 4.🔍 Which is the odd one out? (a) seeds and soil (b) a juicer (c) lemons (d) ice
  5. 5.📒 One-time cost or running cost: paper cups? (a) a one-time cost (b) a running cost
  6. 6.Kabir’s stall budget is ₹360. Pots cost ₹150, a price board cost ₹20 and a banner cost ₹130. How many rupees of the budget are left?
  7. 7.True or false: “ice” is a one-time cost. (a) True (b) False
  8. 8.Ishaan plans to make 40 painted pebbles. Each needs ₹4 of materials, and a banner costs ₹110 once. What total budget is needed (in ₹)?
  9. 9.Farhan’s stall budget is ₹640. Card paper cost ₹130, lemons cost ₹160 and napkins cost ₹220. How many rupees of the budget are left?
  10. 10.Arjun has ₹90 to spend on lemons. One lemon costs ₹20. What is the greatest number of lemons Arjun can buy?
  11. 11.Gurpreet plans to make 16 paper bookmarks. Each needs ₹6 of materials, and a banner costs ₹280 once. What total budget is needed (in ₹)?
  12. 12.📒 One-time cost or running cost: lemons? (a) a running cost (b) a one-time cost
  13. 13.Which of these is a running cost? (a) lemons (b) a juicer (c) a folding table (d) a cloth banner
  14. 14.Diya has ₹220 to spend on sheets of card paper. One sheet of card paper costs ₹20. What is the greatest number of sheets of card paper Diya can buy?
  15. 15.Which of these is a running cost? (a) a cloth banner (b) a folding table (c) a cooler box (d) ice
  16. 16.Which of these is a one-time cost? (a) paper cups (b) a cash box (c) tea leaves and milk (d) card paper
  17. 17.Lakshmi has a budget of ₹300. The stock costs ₹110 and the stall fee is ₹140. Is the budget enough? (a) Yes (b) No
  18. 18.True or false: “sugar” is a one-time cost. (a) False (b) True
  19. 19.📒 One-time cost or running cost: sugar? (a) a one-time cost (b) a running cost
  20. 20.Joseph’s stall budget is ₹400. Pots cost ₹90, a banner cost ₹30 and lemons cost ₹170. How many rupees of the budget are left?
  21. 21.Kabir’s stall budget is ₹590. Ribbon cost ₹120, napkins cost ₹120 and a price board cost ₹130. How many rupees of the budget are left?
  22. 22.Ananya has ₹130 to spend on sheets of card paper. One sheet of card paper costs ₹20. What is the greatest number of sheets of card paper Ananya can buy?
  23. 23.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost
  24. 24.True or false: “paper cups” is a running cost. (a) False (b) True
  25. 25.Riya’s stall budget is ₹720. Pots cost ₹280, sugar cost ₹150 and a price board cost ₹60. How many rupees of the budget are left?
  26. 26.Meera’s stall budget is ₹600. A banner cost ₹130, napkins cost ₹240 and a price board cost ₹90. How many rupees of the budget are left?
  27. 27.True or false: “sugar” is a running cost. (a) False (b) True
  28. 28.Lakshmi plans to make 30 glasses of chai. Each needs ₹9 of materials, and a banner costs ₹140 once. What total budget is needed (in ₹)?
  29. 29.Ishaan plans to make 45 cupcakes. Each needs ₹5 of materials, and a banner costs ₹280 once. What total budget is needed (in ₹)?
  30. 30.📒 One-time cost or running cost: card paper? (a) a one-time cost (b) a running cost
  31. 31.🔍 Which is the odd one out? (a) a cash box (b) a price board (c) a folding table (d) lemons
  32. 32.True or false: “ice” is a running cost. (a) True (b) False
  33. 33.Nisha plans to make 35 fruit cups. Each needs ₹2 of materials, and a banner costs ₹300 once. What total budget is needed (in ₹)?
  34. 34.Farhan has a budget of ₹400. The stock costs ₹190 and the stall fee is ₹190. Is the budget enough? (a) Yes (b) No
  35. 35.🔍 Which is the odd one out? (a) a cash box (b) paper cups (c) tea leaves and milk (d) seeds and soil
  36. 36.Aarav plans to make 14 bags of popcorn. Each needs ₹8 of materials, and a banner costs ₹200 once. What total budget is needed (in ₹)?
  37. 37.True or false: “a cloth banner” is a running cost. (a) False (b) True
  38. 38.🔍 Which is the odd one out? (a) a price board (b) paper cups (c) a folding table (d) a cloth banner
  39. 39.📒 One-time cost or running cost: a cash box? (a) a one-time cost (b) a running cost
  40. 40.🔍 Which is the odd one out? (a) seeds and soil (b) ice (c) sugar (d) a cooler box

Answer key

  1. Yes
  2. a cloth banner
  3. a one-time cost
  4. a juicer
  5. a running cost
  6. 60
  7. False
  8. 270
  9. 130
  10. 4
  11. 376
  12. a running cost
  13. lemons
  14. 11
  15. ice
  16. a cash box
  17. Yes
  18. False
  19. a running cost
  20. 110
  21. 220
  22. 6
  23. a one-time cost
  24. True
  25. 230
  26. 140
  27. True
  28. 410
  29. 505
  30. a running cost
  31. lemons
  32. True
  33. 370
  34. Yes
  35. a cash box
  36. 312
  37. False
  38. paper cups
  39. a one-time cost
  40. a cooler box

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