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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 812 · 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.Meera plans to make 45 cupcakes. Each needs ₹7 of materials, and a banner costs ₹100 once. What total budget is needed (in ₹)?
  2. 2.Which of these is a one-time cost? (a) lemons (b) a juicer (c) tea leaves and milk (d) sugar
  3. 3.📒 One-time cost or running cost: seeds and soil? (a) a running cost (b) a one-time cost
  4. 4.Arjun has ₹110 to spend on rolls of ribbon. One roll of ribbon costs ₹8. What is the greatest number of rolls of ribbon Arjun can buy?
  5. 5.Saanvi plans to make 35 glasses of chai. Each needs ₹6 of materials, and a banner costs ₹100 once. What total budget is needed (in ₹)?
  6. 6.Riya’s stall budget is ₹880. Sugar cost ₹270, ribbon cost ₹270 and lemons cost ₹90. How many rupees of the budget are left?
  7. 7.Which of these is a one-time cost? (a) card paper (b) sugar (c) tea leaves and milk (d) a cash box
  8. 8.True or false: “sugar” is a one-time cost. (a) False (b) True
  9. 9.Rohan has ₹170 to spend on packets of seeds. One packet of seeds costs ₹15. What is the greatest number of packets of seeds Rohan can buy?
  10. 10.📒 One-time cost or running cost: a cooler box? (a) a one-time cost (b) a running cost
  11. 11.Nisha has a budget of ₹1000. The stock costs ₹170 and the stall fee is ₹780. Is the budget enough? (a) No (b) Yes
  12. 12.Saanvi plans to make 41 jute bags. Each needs ₹6 of materials, and a banner costs ₹300 once. What total budget is needed (in ₹)?
  13. 13.True or false: “a cloth banner” is a one-time cost. (a) True (b) False
  14. 14.🔍 Which is the odd one out? (a) seeds and soil (b) a folding table (c) ice (d) paper cups
  15. 15.True or false: “a cooler box” is a running cost. (a) False (b) True
  16. 16.Kabir plans to make 26 bags of popcorn. Each needs ₹3 of materials, and a banner costs ₹90 once. What total budget is needed (in ₹)?
  17. 17.📒 One-time cost or running cost: ice? (a) a one-time cost (b) a running cost
  18. 18.Riya plans to make 19 handmade cards. Each needs ₹7 of materials, and a banner costs ₹200 once. What total budget is needed (in ₹)?
  19. 19.🔍 Which is the odd one out? (a) a cloth banner (b) a cash box (c) a cooler box (d) seeds and soil
  20. 20.True or false: “seeds and soil” is a one-time cost. (a) True (b) False
  21. 21.🔍 Which is the odd one out? (a) tea leaves and milk (b) seeds and soil (c) a juicer (d) sugar
  22. 22.Tara has ₹50 to spend on sheets of card paper. One sheet of card paper costs ₹8. What is the greatest number of sheets of card paper Tara can buy?
  23. 23.📒 One-time cost or running cost: sugar? (a) a one-time cost (b) a running cost
  24. 24.🔍 Which is the odd one out? (a) a cash box (b) a price board (c) card paper (d) a juicer
  25. 25.Rohan has a budget of ₹600. The stock costs ₹230 and the stall fee is ₹320. Is the budget enough? (a) No (b) Yes
  26. 26.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
  27. 27.True or false: “ice” is a running cost. (a) True (b) False
  28. 28.Which of these is a running cost? (a) a cloth banner (b) paper cups (c) a juicer (d) a cooler box
  29. 29.Gurpreet plans to make 46 painted pebbles. Each needs ₹7 of materials, and a banner costs ₹250 once. What total budget is needed (in ₹)?
  30. 30.Arjun has ₹260 to spend on rolls of ribbon. One roll of ribbon costs ₹5. What is the greatest number of rolls of ribbon Arjun can buy?
  31. 31.Zoya plans to make 46 cups of lemonade. Each needs ₹10 of materials, and a banner costs ₹290 once. What total budget is needed (in ₹)?
  32. 32.True or false: “a cloth banner” is a running cost. (a) True (b) False
  33. 33.True or false: “tea leaves and milk” is a one-time cost. (a) True (b) False
  34. 34.True or false: “tea leaves and milk” is a running cost. (a) True (b) False
  35. 35.Which of these is a one-time cost? (a) card paper (b) sugar (c) a cloth banner (d) lemons
  36. 36.Meera’s stall budget is ₹560. Napkins cost ₹40, sugar cost ₹60 and a price board cost ₹170. How many rupees of the budget are left?
  37. 37.Which of these is a one-time cost? (a) a folding table (b) card paper (c) sugar (d) paper cups
  38. 38.True or false: “a cooler box” is a one-time cost. (a) True (b) False
  39. 39.Riya has ₹460 to spend on sheets of card paper. One sheet of card paper costs ₹4. What is the greatest number of sheets of card paper Riya can buy?
  40. 40.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost

Answer key

  1. 415
  2. a juicer
  3. a running cost
  4. 13
  5. 310
  6. 250
  7. a cash box
  8. False
  9. 11
  10. a one-time cost
  11. Yes
  12. 546
  13. True
  14. a folding table
  15. False
  16. 168
  17. a running cost
  18. 333
  19. seeds and soil
  20. False
  21. a juicer
  22. 6
  23. a running cost
  24. card paper
  25. Yes
  26. a one-time cost
  27. True
  28. paper cups
  29. 572
  30. 52
  31. 750
  32. False
  33. False
  34. True
  35. a cloth banner
  36. 290
  37. a folding table
  38. True
  39. 115
  40. a running cost

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