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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 853 · 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.

NameDateTime takenScore ___ / 40
  1. 1.Farhan plans to make 35 glasses of chai. Each needs ₹3 of materials, and a banner costs ₹300 once. What total budget is needed (in ₹)?
  2. 2.Ananya plans to make 18 jute bags. Each needs ₹5 of materials, and a banner costs ₹170 once. What total budget is needed (in ₹)?
  3. 3.Which of these is a running cost? (a) a juicer (b) sugar (c) a cash box (d) a folding table
  4. 4.🔍 Which is the odd one out? (a) sugar (b) a cloth banner (c) paper cups (d) tea leaves and milk
  5. 5.📒 One-time cost or running cost: sugar? (a) a running cost (b) a one-time cost
  6. 6.Ananya plans to make 12 glasses of chai. Each needs ₹10 of materials, and a banner costs ₹190 once. What total budget is needed (in ₹)?
  7. 7.🔍 Which is the odd one out? (a) ice (b) a cooler box (c) seeds and soil (d) lemons
  8. 8.Lakshmi plans to make 24 clay diyas. Each needs ₹2 of materials, and a banner costs ₹80 once. What total budget is needed (in ₹)?
  9. 9.Which of these is a one-time cost? (a) lemons (b) paper cups (c) card paper (d) a cloth banner
  10. 10.True or false: “a cloth banner” is a one-time cost. (a) False (b) True
  11. 11.Which of these is a running cost? (a) a price board (b) a cooler box (c) a folding table (d) card paper
  12. 12.True or false: “lemons” is a running cost. (a) True (b) False
  13. 13.🔍 Which is the odd one out? (a) card paper (b) a folding table (c) tea leaves and milk (d) seeds and soil
  14. 14.Rohan’s stall budget is ₹590. Seeds cost ₹210, a price board cost ₹190 and napkins cost ₹160. How many rupees of the budget are left?
  15. 15.Diya plans to make 19 handmade cards. Each needs ₹6 of materials, and a banner costs ₹60 once. What total budget is needed (in ₹)?
  16. 16.Dev plans to make 17 cupcakes. Each needs ₹4 of materials, and a banner costs ₹190 once. What total budget is needed (in ₹)?
  17. 17.🔍 Which is the odd one out? (a) paper cups (b) a price board (c) lemons (d) tea leaves and milk
  18. 18.True or false: “a juicer” is a running cost. (a) True (b) False
  19. 19.🔍 Which is the odd one out? (a) seeds and soil (b) a folding table (c) a cloth banner (d) a cash box
  20. 20.🔍 Which is the odd one out? (a) paper cups (b) seeds and soil (c) ice (d) a cash box
  21. 21.True or false: “a price board” is a running cost. (a) True (b) False
  22. 22.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost
  23. 23.🔍 Which is the odd one out? (a) a price board (b) sugar (c) a cash box (d) a cooler box
  24. 24.True or false: “tea leaves and milk” is a running cost. (a) False (b) True
  25. 25.True or false: “a folding table” is a one-time cost. (a) False (b) True
  26. 26.📒 One-time cost or running cost: card paper? (a) a running cost (b) a one-time cost
  27. 27.Meera has ₹490 to spend on lemons. One lemon costs ₹8. What is the greatest number of lemons Meera can buy?
  28. 28.🔍 Which is the odd one out? (a) paper cups (b) a cash box (c) a cloth banner (d) a cooler box
  29. 29.True or false: “card paper” is a running cost. (a) False (b) True
  30. 30.Which of these is a running cost? (a) seeds and soil (b) a juicer (c) a folding table (d) a cloth banner
  31. 31.Rohan has a budget of ₹900. The stock costs ₹410 and the stall fee is ₹480. Is the budget enough? (a) Yes (b) No
  32. 32.📒 One-time cost or running cost: paper cups? (a) a one-time cost (b) a running cost
  33. 33.Which of these is a running cost? (a) a cooler box (b) a juicer (c) lemons (d) a cloth banner
  34. 34.🔍 Which is the odd one out? (a) a juicer (b) a cash box (c) a cooler box (d) card paper
  35. 35.Ishaan plans to make 20 clay diyas. Each needs ₹5 of materials, and a banner costs ₹100 once. What total budget is needed (in ₹)?
  36. 36.Nisha’s stall budget is ₹560. A price board cost ₹100, lemons cost ₹20 and a banner cost ₹200. How many rupees of the budget are left?
  37. 37.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost
  38. 38.True or false: “ice” is a running cost. (a) False (b) True
  39. 39.🔍 Which is the odd one out? (a) a juicer (b) tea leaves and milk (c) lemons (d) sugar
  40. 40.Which of these is a running cost? (a) a juicer (b) a cloth banner (c) a folding table (d) tea leaves and milk

Answer key

  1. 405
  2. 260
  3. sugar
  4. a cloth banner
  5. a running cost
  6. 310
  7. a cooler box
  8. 128
  9. a cloth banner
  10. True
  11. card paper
  12. True
  13. a folding table
  14. 30
  15. 174
  16. 258
  17. a price board
  18. False
  19. seeds and soil
  20. a cash box
  21. False
  22. a one-time cost
  23. sugar
  24. True
  25. True
  26. a running cost
  27. 61
  28. paper cups
  29. True
  30. seeds and soil
  31. Yes
  32. a running cost
  33. lemons
  34. card paper
  35. 200
  36. 240
  37. a one-time cost
  38. True
  39. a juicer
  40. tea leaves and milk

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