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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 726 · 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.Kavya has ₹370 to spend on lemons. One lemon costs ₹4. What is the greatest number of lemons Kavya can buy?
  2. 2.📒 One-time cost or running cost: ice? (a) a running cost (b) a one-time cost
  3. 3.Ananya’s stall budget is ₹560. Napkins cost ₹200, a banner cost ₹50 and lemons cost ₹290. How many rupees of the budget are left?
  4. 4.Kabir has ₹340 to spend on lemons. One lemon costs ₹10. What is the greatest number of lemons Kabir can buy?
  5. 5.Rohan has ₹140 to spend on packets of seeds. One packet of seeds costs ₹6. What is the greatest number of packets of seeds Rohan can buy?
  6. 6.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
  7. 7.Nisha has a budget of ₹700. The stock costs ₹260 and the stall fee is ₹470. Is the budget enough? (a) Yes (b) No
  8. 8.Nisha plans to make 34 potted plants. Each needs ₹4 of materials, and a banner costs ₹110 once. What total budget is needed (in ₹)?
  9. 9.True or false: “tea leaves and milk” is a one-time cost. (a) False (b) True
  10. 10.Aarav has ₹500 to spend on sheets of card paper. One sheet of card paper costs ₹5. What is the greatest number of sheets of card paper Aarav can buy?
  11. 11.Kabir has a budget of ₹400. The stock costs ₹160 and the stall fee is ₹240. Is the budget enough? (a) Yes (b) No
  12. 12.True or false: “a cash box” is a one-time cost. (a) True (b) False
  13. 13.True or false: “a cloth banner” is a running cost. (a) False (b) True
  14. 14.Farhan plans to make 26 cupcakes. Each needs ₹8 of materials, and a banner costs ₹120 once. What total budget is needed (in ₹)?
  15. 15.Which of these is a running cost? (a) lemons (b) a folding table (c) a cloth banner (d) a juicer
  16. 16.🔍 Which is the odd one out? (a) card paper (b) a cloth banner (c) seeds and soil (d) tea leaves and milk
  17. 17.🔍 Which is the odd one out? (a) card paper (b) lemons (c) a juicer (d) ice
  18. 18.True or false: “a cloth banner” is a one-time cost. (a) True (b) False
  19. 19.Diya plans to make 49 bags of popcorn. Each needs ₹5 of materials, and a banner costs ₹200 once. What total budget is needed (in ₹)?
  20. 20.📒 One-time cost or running cost: a cooler box? (a) a one-time cost (b) a running cost
  21. 21.Which of these is a one-time cost? (a) lemons (b) paper cups (c) sugar (d) a cloth banner
  22. 22.True or false: “seeds and soil” is a one-time cost. (a) False (b) True
  23. 23.Which of these is a one-time cost? (a) sugar (b) a cash box (c) lemons (d) tea leaves and milk
  24. 24.🔍 Which is the odd one out? (a) a cooler box (b) a price board (c) paper cups (d) a cash box
  25. 25.Which of these is a running cost? (a) a cloth banner (b) card paper (c) a cooler box (d) a cash box
  26. 26.Which of these is a running cost? (a) a cloth banner (b) a price board (c) paper cups (d) a folding table
  27. 27.Tara has a budget of ₹1000. The stock costs ₹350 and the stall fee is ₹660. Is the budget enough? (a) No (b) Yes
  28. 28.📒 One-time cost or running cost: seeds and soil? (a) a running cost (b) a one-time cost
  29. 29.Saanvi has ₹90 to spend on rolls of ribbon. One roll of ribbon costs ₹10. What is the greatest number of rolls of ribbon Saanvi can buy?
  30. 30.Which of these is a one-time cost? (a) a cooler box (b) lemons (c) paper cups (d) ice
  31. 31.True or false: “paper cups” is a one-time cost. (a) False (b) True
  32. 32.True or false: “a cooler box” is a running cost. (a) False (b) True
  33. 33.Zoya plans to make 17 cupcakes. Each needs ₹10 of materials, and a banner costs ₹240 once. What total budget is needed (in ₹)?
  34. 34.Aarav has a budget of ₹300. The stock costs ₹70 and the stall fee is ₹250. Is the budget enough? (a) Yes (b) No
  35. 35.Meera plans to make 20 cups of lemonade. Each needs ₹3 of materials, and a banner costs ₹80 once. What total budget is needed (in ₹)?
  36. 36.📒 One-time cost or running cost: a price board? (a) a one-time cost (b) a running cost
  37. 37.🔍 Which is the odd one out? (a) ice (b) a cash box (c) paper cups (d) card paper
  38. 38.True or false: “lemons” is a running cost. (a) True (b) False
  39. 39.Kabir’s stall budget is ₹540. Paper cups cost ₹70, pots cost ₹50 and card paper cost ₹290. How many rupees of the budget are left?
  40. 40.Which of these is a one-time cost? (a) paper cups (b) seeds and soil (c) ice (d) a juicer

Answer key

  1. 92
  2. a running cost
  3. 20
  4. 34
  5. 23
  6. a running cost
  7. No
  8. 246
  9. False
  10. 100
  11. Yes
  12. True
  13. False
  14. 328
  15. lemons
  16. a cloth banner
  17. a juicer
  18. True
  19. 445
  20. a one-time cost
  21. a cloth banner
  22. False
  23. a cash box
  24. paper cups
  25. card paper
  26. paper cups
  27. No
  28. a running cost
  29. 9
  30. a cooler box
  31. False
  32. False
  33. 410
  34. No
  35. 140
  36. a one-time cost
  37. a cash box
  38. True
  39. 130
  40. a juicer

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