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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 824 · 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.Ishaan plans to make 39 cupcakes. Each needs ₹2 of materials, and a banner costs ₹260 once. What total budget is needed (in ₹)?
  2. 2.Arjun has a budget of ₹1000. The stock costs ₹190 and the stall fee is ₹780. Is the budget enough? (a) No (b) Yes
  3. 3.True or false: “card paper” is a running cost. (a) False (b) True
  4. 4.Vihaan’s stall budget is ₹770. Paper cups cost ₹80, ribbon cost ₹240 and sugar cost ₹240. How many rupees of the budget are left?
  5. 5.Dev plans to make 27 cups of lemonade. Each needs ₹2 of materials, and a banner costs ₹190 once. What total budget is needed (in ₹)?
  6. 6.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
  7. 7.🔍 Which is the odd one out? (a) paper cups (b) ice (c) sugar (d) a juicer
  8. 8.🔍 Which is the odd one out? (a) a cooler box (b) a price board (c) a cash box (d) paper cups
  9. 9.True or false: “paper cups” is a running cost. (a) True (b) False
  10. 10.Aarav has a budget of ₹600. The stock costs ₹270 and the stall fee is ₹280. Is the budget enough? (a) Yes (b) No
  11. 11.📒 One-time cost or running cost: lemons? (a) a one-time cost (b) a running cost
  12. 12.🔍 Which is the odd one out? (a) a cash box (b) ice (c) a price board (d) a juicer
  13. 13.Vihaan’s stall budget is ₹660. A banner cost ₹50, pots cost ₹190 and sugar cost ₹180. How many rupees of the budget are left?
  14. 14.Aarav’s stall budget is ₹440. Seeds cost ₹40, paper cups cost ₹20 and lemons cost ₹200. How many rupees of the budget are left?
  15. 15.Rohan plans to make 49 bags of popcorn. Each needs ₹5 of materials, and a banner costs ₹220 once. What total budget is needed (in ₹)?
  16. 16.True or false: “ice” is a running cost. (a) False (b) True
  17. 17.True or false: “a cash box” is a running cost. (a) True (b) False
  18. 18.🔍 Which is the odd one out? (a) ice (b) a folding table (c) paper cups (d) lemons
  19. 19.True or false: “a cash box” is a one-time cost. (a) True (b) False
  20. 20.True or false: “a folding table” is a running cost. (a) True (b) False
  21. 21.Vihaan has ₹60 to spend on packs of cups. One pack of cups costs ₹4. What is the greatest number of packs of cups Vihaan can buy?
  22. 22.True or false: “a price board” is a running cost. (a) True (b) False
  23. 23.True or false: “seeds and soil” is a running cost. (a) True (b) False
  24. 24.Which of these is a one-time cost? (a) seeds and soil (b) paper cups (c) a folding table (d) lemons
  25. 25.Vihaan has ₹130 to spend on packs of cups. One pack of cups costs ₹4. What is the greatest number of packs of cups Vihaan can buy?
  26. 26.Which of these is a one-time cost? (a) a cloth banner (b) lemons (c) seeds and soil (d) tea leaves and milk
  27. 27.Saanvi has a budget of ₹500. The stock costs ₹120 and the stall fee is ₹380. Is the budget enough? (a) No (b) Yes
  28. 28.🔍 Which is the odd one out? (a) ice (b) a cash box (c) lemons (d) paper cups
  29. 29.True or false: “tea leaves and milk” is a one-time cost. (a) False (b) True
  30. 30.Riya has ₹470 to spend on packs of cups. One pack of cups costs ₹6. What is the greatest number of packs of cups Riya can buy?
  31. 31.Which of these is a running cost? (a) a cooler box (b) a cash box (c) paper cups (d) a folding table
  32. 32.Kabir plans to make 18 glasses of chai. Each needs ₹7 of materials, and a banner costs ₹270 once. What total budget is needed (in ₹)?
  33. 33.Which of these is a one-time cost? (a) ice (b) a juicer (c) tea leaves and milk (d) seeds and soil
  34. 34.Which of these is a running cost? (a) a cash box (b) a cooler box (c) tea leaves and milk (d) a folding table
  35. 35.🔍 Which is the odd one out? (a) card paper (b) a price board (c) sugar (d) tea leaves and milk
  36. 36.True or false: “ice” is a one-time cost. (a) True (b) False
  37. 37.Lakshmi’s stall budget is ₹610. Sugar cost ₹210, a price board cost ₹50 and pots cost ₹290. How many rupees of the budget are left?
  38. 38.Saanvi has ₹250 to spend on lemons. One lemon costs ₹8. What is the greatest number of lemons Saanvi can buy?
  39. 39.Ishaan has a budget of ₹500. The stock costs ₹190 and the stall fee is ₹310. Is the budget enough? (a) No (b) Yes
  40. 40.🔍 Which is the odd one out? (a) a cooler box (b) tea leaves and milk (c) a juicer (d) a price board

Answer key

  1. 338
  2. Yes
  3. True
  4. 210
  5. 244
  6. a one-time cost
  7. a juicer
  8. paper cups
  9. True
  10. Yes
  11. a running cost
  12. ice
  13. 240
  14. 180
  15. 465
  16. True
  17. False
  18. a folding table
  19. True
  20. False
  21. 15
  22. False
  23. True
  24. a folding table
  25. 32
  26. a cloth banner
  27. Yes
  28. a cash box
  29. False
  30. 78
  31. paper cups
  32. 396
  33. a juicer
  34. tea leaves and milk
  35. a price board
  36. False
  37. 60
  38. 31
  39. Yes
  40. tea leaves and milk

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