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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 795 · 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.Nisha plans to make 15 fruit cups. Each needs ₹2 of materials, and a banner costs ₹90 once. What total budget is needed (in ₹)?
  2. 2.Joseph has a budget of ₹400. The stock costs ₹120 and the stall fee is ₹250. Is the budget enough? (a) Yes (b) No
  3. 3.True or false: “a cooler box” is a running cost. (a) False (b) True
  4. 4.Which of these is a running cost? (a) a cloth banner (b) a juicer (c) tea leaves and milk (d) a cash box
  5. 5.Saanvi’s stall budget is ₹470. Pots cost ₹80, paper cups cost ₹160 and a price board cost ₹170. How many rupees of the budget are left?
  6. 6.True or false: “a juicer” is a one-time cost. (a) False (b) True
  7. 7.🔍 Which is the odd one out? (a) sugar (b) a cloth banner (c) a cash box (d) a price board
  8. 8.Zoya’s stall budget is ₹840. A banner cost ₹260, sugar cost ₹170 and lemons cost ₹120. How many rupees of the budget are left?
  9. 9.📒 One-time cost or running cost: tea leaves and milk? (a) a running cost (b) a one-time cost
  10. 10.True or false: “paper cups” is a one-time cost. (a) True (b) False
  11. 11.Lakshmi has a budget of ₹600. The stock costs ₹150 and the stall fee is ₹440. Is the budget enough? (a) Yes (b) No
  12. 12.🔍 Which is the odd one out? (a) a cloth banner (b) lemons (c) seeds and soil (d) tea leaves and milk
  13. 13.Aarav plans to make 12 handmade cards. Each needs ₹4 of materials, and a banner costs ₹70 once. What total budget is needed (in ₹)?
  14. 14.Which of these is a one-time cost? (a) sugar (b) a cash box (c) paper cups (d) tea leaves and milk
  15. 15.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost
  16. 16.Dev has ₹70 to spend on rolls of ribbon. One roll of ribbon costs ₹8. What is the greatest number of rolls of ribbon Dev can buy?
  17. 17.Kabir has a budget of ₹700. The stock costs ₹120 and the stall fee is ₹560. Is the budget enough? (a) Yes (b) No
  18. 18.True or false: “a folding table” is a one-time cost. (a) True (b) False
  19. 19.📒 One-time cost or running cost: lemons? (a) a running cost (b) a one-time cost
  20. 20.📒 One-time cost or running cost: card paper? (a) a one-time cost (b) a running cost
  21. 21.True or false: “a price board” is a running cost. (a) False (b) True
  22. 22.Gurpreet plans to make 25 friendship bands. Each needs ₹2 of materials, and a banner costs ₹240 once. What total budget is needed (in ₹)?
  23. 23.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost
  24. 24.📒 One-time cost or running cost: paper cups? (a) a one-time cost (b) a running cost
  25. 25.True or false: “seeds and soil” is a one-time cost. (a) False (b) True
  26. 26.Joseph has a budget of ₹800. The stock costs ₹160 and the stall fee is ₹640. Is the budget enough? (a) No (b) Yes
  27. 27.🔍 Which is the odd one out? (a) a cash box (b) a cloth banner (c) ice (d) a folding table
  28. 28.Dev has ₹480 to spend on packets of seeds. One packet of seeds costs ₹6. What is the greatest number of packets of seeds Dev can buy?
  29. 29.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  30. 30.🔍 Which is the odd one out? (a) a cash box (b) sugar (c) seeds and soil (d) tea leaves and milk
  31. 31.Which of these is a running cost? (a) a juicer (b) lemons (c) a price board (d) a cooler box
  32. 32.True or false: “a cooler box” is a one-time cost. (a) True (b) False
  33. 33.True or false: “paper cups” is a running cost. (a) True (b) False
  34. 34.Which of these is a running cost? (a) a cloth banner (b) paper cups (c) a price board (d) a juicer
  35. 35.Which of these is a one-time cost? (a) seeds and soil (b) paper cups (c) a cloth banner (d) ice
  36. 36.Lakshmi’s stall budget is ₹430. Seeds cost ₹70, paper cups cost ₹70 and pots cost ₹240. How many rupees of the budget are left?
  37. 37.Riya has a budget of ₹400. The stock costs ₹90 and the stall fee is ₹260. Is the budget enough? (a) No (b) Yes
  38. 38.🔍 Which is the odd one out? (a) lemons (b) paper cups (c) ice (d) a juicer
  39. 39.Joseph plans to make 48 cups of lemonade. Each needs ₹4 of materials, and a banner costs ₹110 once. What total budget is needed (in ₹)?
  40. 40.📒 One-time cost or running cost: ice? (a) a running cost (b) a one-time cost

Answer key

  1. 120
  2. Yes
  3. False
  4. tea leaves and milk
  5. 60
  6. True
  7. sugar
  8. 290
  9. a running cost
  10. False
  11. Yes
  12. a cloth banner
  13. 118
  14. a cash box
  15. a one-time cost
  16. 8
  17. Yes
  18. True
  19. a running cost
  20. a running cost
  21. False
  22. 290
  23. a one-time cost
  24. a running cost
  25. False
  26. Yes
  27. ice
  28. 80
  29. a one-time cost
  30. a cash box
  31. lemons
  32. True
  33. True
  34. paper cups
  35. a cloth banner
  36. 50
  37. Yes
  38. a juicer
  39. 302
  40. a running cost

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