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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 710 · 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.Riya plans to make 29 glasses of chai. Each needs ₹3 of materials, and a banner costs ₹210 once. What total budget is needed (in ₹)?
  2. 2.True or false: “sugar” is a one-time cost. (a) False (b) True
  3. 3.Tara’s stall budget is ₹440. Seeds cost ₹60, sugar cost ₹60 and lemons cost ₹20. How many rupees of the budget are left?
  4. 4.Aarav plans to make 27 clay diyas. Each needs ₹10 of materials, and a banner costs ₹120 once. What total budget is needed (in ₹)?
  5. 5.True or false: “lemons” is a running cost. (a) True (b) False
  6. 6.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost
  7. 7.Meera’s stall budget is ₹350. Card paper cost ₹130, a price board cost ₹90 and pots cost ₹70. How many rupees of the budget are left?
  8. 8.Zoya has a budget of ₹400. The stock costs ₹80 and the stall fee is ₹320. Is the budget enough? (a) No (b) Yes
  9. 9.🔍 Which is the odd one out? (a) a folding table (b) a price board (c) sugar (d) a cooler box
  10. 10.Diya’s stall budget is ₹330. Lemons cost ₹80, a price board cost ₹40 and paper cups cost ₹120. How many rupees of the budget are left?
  11. 11.📒 One-time cost or running cost: sugar? (a) a one-time cost (b) a running cost
  12. 12.Ishaan’s stall budget is ₹440. Napkins cost ₹190, pots cost ₹130 and card paper cost ₹80. How many rupees of the budget are left?
  13. 13.Which of these is a one-time cost? (a) tea leaves and milk (b) a cooler box (c) sugar (d) lemons
  14. 14.True or false: “a cooler box” is a one-time cost. (a) True (b) False
  15. 15.Farhan has ₹80 to spend on packs of cups. One pack of cups costs ₹8. What is the greatest number of packs of cups Farhan can buy?
  16. 16.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
  17. 17.📒 One-time cost or running cost: seeds and soil? (a) a running cost (b) a one-time cost
  18. 18.Aarav plans to make 28 bags of popcorn. Each needs ₹8 of materials, and a banner costs ₹170 once. What total budget is needed (in ₹)?
  19. 19.Joseph’s stall budget is ₹550. Seeds cost ₹40, paper cups cost ₹190 and a price board cost ₹170. How many rupees of the budget are left?
  20. 20.True or false: “a cloth banner” is a one-time cost. (a) True (b) False
  21. 21.Rohan has ₹130 to spend on sheets of card paper. One sheet of card paper costs ₹8. What is the greatest number of sheets of card paper Rohan can buy?
  22. 22.True or false: “a cash box” is a running cost. (a) False (b) True
  23. 23.Which of these is a one-time cost? (a) card paper (b) seeds and soil (c) lemons (d) a folding table
  24. 24.🔍 Which is the odd one out? (a) a folding table (b) card paper (c) a cloth banner (d) a price board
  25. 25.True or false: “seeds and soil” is a one-time cost. (a) False (b) True
  26. 26.True or false: “a price board” is a running cost. (a) False (b) True
  27. 27.Arjun plans to make 31 glasses of chai. Each needs ₹8 of materials, and a banner costs ₹90 once. What total budget is needed (in ₹)?
  28. 28.Which of these is a one-time cost? (a) tea leaves and milk (b) a cash box (c) seeds and soil (d) card paper
  29. 29.True or false: “paper cups” is a one-time cost. (a) False (b) True
  30. 30.🔍 Which is the odd one out? (a) a cooler box (b) a cloth banner (c) a cash box (d) paper cups
  31. 31.Which of these is a one-time cost? (a) ice (b) card paper (c) tea leaves and milk (d) a price board
  32. 32.📒 One-time cost or running cost: ice? (a) a one-time cost (b) a running cost
  33. 33.Which of these is a one-time cost? (a) card paper (b) a cloth banner (c) paper cups (d) seeds and soil
  34. 34.Riya has ₹290 to spend on lemons. One lemon costs ₹15. What is the greatest number of lemons Riya can buy?
  35. 35.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
  36. 36.Dev’s stall budget is ₹1030. Napkins cost ₹240, paper cups cost ₹200 and pots cost ₹300. How many rupees of the budget are left?
  37. 37.🔍 Which is the odd one out? (a) ice (b) lemons (c) paper cups (d) a folding table
  38. 38.Which of these is a running cost? (a) a folding table (b) a cloth banner (c) a price board (d) lemons
  39. 39.🔍 Which is the odd one out? (a) a cloth banner (b) sugar (c) paper cups (d) seeds and soil
  40. 40.Ananya has ₹170 to spend on sheets of card paper. One sheet of card paper costs ₹4. What is the greatest number of sheets of card paper Ananya can buy?

Answer key

  1. 297
  2. False
  3. 300
  4. 390
  5. True
  6. a one-time cost
  7. 60
  8. Yes
  9. sugar
  10. 90
  11. a running cost
  12. 40
  13. a cooler box
  14. True
  15. 10
  16. a one-time cost
  17. a running cost
  18. 394
  19. 150
  20. True
  21. 16
  22. False
  23. a folding table
  24. card paper
  25. False
  26. False
  27. 338
  28. a cash box
  29. False
  30. paper cups
  31. a price board
  32. a running cost
  33. a cloth banner
  34. 19
  35. a running cost
  36. 290
  37. a folding table
  38. lemons
  39. a cloth banner
  40. 42

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