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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 808 · 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.Rohan plans to make 40 bags of popcorn. Each needs ₹2 of materials, and a banner costs ₹100 once. What total budget is needed (in ₹)?
  2. 2.True or false: “a juicer” is a running cost. (a) True (b) False
  3. 3.True or false: “lemons” is a running cost. (a) False (b) True
  4. 4.🔍 Which is the odd one out? (a) sugar (b) paper cups (c) tea leaves and milk (d) a juicer
  5. 5.🔍 Which is the odd one out? (a) a cloth banner (b) a folding table (c) a juicer (d) card paper
  6. 6.Gurpreet’s stall budget is ₹660. A banner cost ₹60, sugar cost ₹160 and ribbon cost ₹160. How many rupees of the budget are left?
  7. 7.Kabir plans to make 40 jute bags. Each needs ₹5 of materials, and a banner costs ₹200 once. What total budget is needed (in ₹)?
  8. 8.Meera plans to make 40 jute bags. Each needs ₹3 of materials, and a banner costs ₹240 once. What total budget is needed (in ₹)?
  9. 9.Aarav’s stall budget is ₹700. A banner cost ₹230, napkins cost ₹270 and ribbon cost ₹170. How many rupees of the budget are left?
  10. 10.True or false: “card paper” is a one-time cost. (a) True (b) False
  11. 11.📒 One-time cost or running cost: card paper? (a) a one-time cost (b) a running cost
  12. 12.🔍 Which is the odd one out? (a) tea leaves and milk (b) paper cups (c) a cash box (d) lemons
  13. 13.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  14. 14.🔍 Which is the odd one out? (a) lemons (b) tea leaves and milk (c) a cloth banner (d) sugar
  15. 15.Which of these is a running cost? (a) a cooler box (b) a price board (c) a cash box (d) sugar
  16. 16.Dev plans to make 10 potted plants. Each needs ₹8 of materials, and a banner costs ₹50 once. What total budget is needed (in ₹)?
  17. 17.Which of these is a one-time cost? (a) paper cups (b) a cooler box (c) seeds and soil (d) card paper
  18. 18.Lakshmi has a budget of ₹300. The stock costs ₹120 and the stall fee is ₹140. Is the budget enough? (a) Yes (b) No
  19. 19.Which of these is a one-time cost? (a) paper cups (b) tea leaves and milk (c) sugar (d) a juicer
  20. 20.📒 One-time cost or running cost: lemons? (a) a one-time cost (b) a running cost
  21. 21.🔍 Which is the odd one out? (a) card paper (b) seeds and soil (c) a folding table (d) tea leaves and milk
  22. 22.True or false: “card paper” is a running cost. (a) True (b) False
  23. 23.Diya has ₹430 to spend on sheets of card paper. One sheet of card paper costs ₹12. What is the greatest number of sheets of card paper Diya can buy?
  24. 24.Riya has a budget of ₹500. The stock costs ₹230 and the stall fee is ₹290. Is the budget enough? (a) Yes (b) No
  25. 25.True or false: “a cooler box” is a one-time cost. (a) True (b) False
  26. 26.Lakshmi has a budget of ₹300. The stock costs ₹130 and the stall fee is ₹150. Is the budget enough? (a) No (b) Yes
  27. 27.Rohan plans to make 36 clay diyas. Each needs ₹5 of materials, and a banner costs ₹270 once. What total budget is needed (in ₹)?
  28. 28.Which of these is a running cost? (a) a folding table (b) seeds and soil (c) a cloth banner (d) a cooler box
  29. 29.Kabir plans to make 11 cupcakes. Each needs ₹10 of materials, and a banner costs ₹110 once. What total budget is needed (in ₹)?
  30. 30.📒 One-time cost or running cost: sugar? (a) a running cost (b) a one-time cost
  31. 31.Saanvi has ₹150 to spend on rolls of ribbon. One roll of ribbon costs ₹20. What is the greatest number of rolls of ribbon Saanvi can buy?
  32. 32.Which of these is a running cost? (a) a cloth banner (b) a cooler box (c) a price board (d) card paper
  33. 33.Which of these is a one-time cost? (a) lemons (b) card paper (c) a folding table (d) seeds and soil
  34. 34.Which of these is a running cost? (a) a cloth banner (b) tea leaves and milk (c) a cooler box (d) a folding table
  35. 35.Which of these is a running cost? (a) a juicer (b) paper cups (c) a folding table (d) a cooler box
  36. 36.Nisha’s stall budget is ₹620. Card paper cost ₹50, napkins cost ₹170 and lemons cost ₹240. How many rupees of the budget are left?
  37. 37.Which of these is a running cost? (a) lemons (b) a folding table (c) a cooler box (d) a cloth banner
  38. 38.Rohan’s stall budget is ₹780. Card paper cost ₹300, sugar cost ₹160 and lemons cost ₹300. How many rupees of the budget are left?
  39. 39.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost
  40. 40.True or false: “a cash box” is a one-time cost. (a) True (b) False

Answer key

  1. 180
  2. False
  3. True
  4. a juicer
  5. card paper
  6. 280
  7. 400
  8. 360
  9. 30
  10. False
  11. a running cost
  12. a cash box
  13. a one-time cost
  14. a cloth banner
  15. sugar
  16. 130
  17. a cooler box
  18. Yes
  19. a juicer
  20. a running cost
  21. a folding table
  22. True
  23. 35
  24. No
  25. True
  26. Yes
  27. 450
  28. seeds and soil
  29. 220
  30. a running cost
  31. 7
  32. card paper
  33. a folding table
  34. tea leaves and milk
  35. paper cups
  36. 160
  37. lemons
  38. 20
  39. a one-time cost
  40. True

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