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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 894 · 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.True or false: “sugar” is a running cost. (a) False (b) True
  2. 2.Lakshmi plans to make 13 cups of lemonade. Each needs ₹5 of materials, and a banner costs ₹140 once. What total budget is needed (in ₹)?
  3. 3.📒 One-time cost or running cost: a price board? (a) a one-time cost (b) a running cost
  4. 4.Saanvi has a budget of ₹400. The stock costs ₹60 and the stall fee is ₹340. Is the budget enough? (a) No (b) Yes
  5. 5.Zoya has ₹480 to spend on lemons. One lemon costs ₹8. What is the greatest number of lemons Zoya can buy?
  6. 6.True or false: “a cash box” is a running cost. (a) False (b) True
  7. 7.True or false: “seeds and soil” is a one-time cost. (a) False (b) True
  8. 8.Tara has ₹160 to spend on sheets of card paper. One sheet of card paper costs ₹10. What is the greatest number of sheets of card paper Tara can buy?
  9. 9.Which of these is a running cost? (a) tea leaves and milk (b) a cooler box (c) a cloth banner (d) a juicer
  10. 10.Farhan plans to make 27 paper bookmarks. Each needs ₹5 of materials, and a banner costs ₹150 once. What total budget is needed (in ₹)?
  11. 11.Tara has ₹70 to spend on lemons. One lemon costs ₹4. What is the greatest number of lemons Tara can buy?
  12. 12.🔍 Which is the odd one out? (a) a juicer (b) a folding table (c) sugar (d) a price board
  13. 13.True or false: “paper cups” is a running cost. (a) True (b) False
  14. 14.📒 One-time cost or running cost: seeds and soil? (a) a one-time cost (b) a running cost
  15. 15.Lakshmi plans to make 10 cupcakes. Each needs ₹6 of materials, and a banner costs ₹70 once. What total budget is needed (in ₹)?
  16. 16.🔍 Which is the odd one out? (a) paper cups (b) sugar (c) card paper (d) a price board
  17. 17.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
  18. 18.True or false: “seeds and soil” is a running cost. (a) False (b) True
  19. 19.Kavya has a budget of ₹300. The stock costs ₹150 and the stall fee is ₹190. Is the budget enough? (a) Yes (b) No
  20. 20.Which of these is a running cost? (a) a cloth banner (b) a folding table (c) a cooler box (d) card paper
  21. 21.Which of these is a one-time cost? (a) tea leaves and milk (b) ice (c) card paper (d) a juicer
  22. 22.Saanvi has a budget of ₹600. The stock costs ₹200 and the stall fee is ₹390. Is the budget enough? (a) No (b) Yes
  23. 23.True or false: “sugar” is a one-time cost. (a) True (b) False
  24. 24.Ishaan has ₹150 to spend on rolls of ribbon. One roll of ribbon costs ₹10. What is the greatest number of rolls of ribbon Ishaan can buy?
  25. 25.Rohan has a budget of ₹400. The stock costs ₹160 and the stall fee is ₹250. Is the budget enough? (a) No (b) Yes
  26. 26.Saanvi plans to make 28 handmade cards. Each needs ₹9 of materials, and a banner costs ₹280 once. What total budget is needed (in ₹)?
  27. 27.🔍 Which is the odd one out? (a) a folding table (b) a cash box (c) a juicer (d) card paper
  28. 28.Which of these is a one-time cost? (a) a cloth banner (b) lemons (c) seeds and soil (d) paper cups
  29. 29.Tara has a budget of ₹500. The stock costs ₹70 and the stall fee is ₹400. Is the budget enough? (a) Yes (b) No
  30. 30.Vihaan’s stall budget is ₹670. Ribbon cost ₹100, pots cost ₹110 and card paper cost ₹230. How many rupees of the budget are left?
  31. 31.Aarav plans to make 39 handmade cards. Each needs ₹6 of materials, and a banner costs ₹200 once. What total budget is needed (in ₹)?
  32. 32.🔍 Which is the odd one out? (a) paper cups (b) lemons (c) a cash box (d) sugar
  33. 33.Lakshmi plans to make 48 paper bookmarks. Each needs ₹3 of materials, and a banner costs ₹250 once. What total budget is needed (in ₹)?
  34. 34.Ishaan has a budget of ₹800. The stock costs ₹160 and the stall fee is ₹680. Is the budget enough? (a) No (b) Yes
  35. 35.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost
  36. 36.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  37. 37.📒 One-time cost or running cost: lemons? (a) a one-time cost (b) a running cost
  38. 38.Ananya has a budget of ₹500. The stock costs ₹110 and the stall fee is ₹350. Is the budget enough? (a) Yes (b) No
  39. 39.🔍 Which is the odd one out? (a) sugar (b) seeds and soil (c) a cooler box (d) lemons
  40. 40.Meera has a budget of ₹1000. The stock costs ₹70 and the stall fee is ₹940. Is the budget enough? (a) No (b) Yes

Answer key

  1. True
  2. 205
  3. a one-time cost
  4. Yes
  5. 60
  6. False
  7. False
  8. 16
  9. tea leaves and milk
  10. 285
  11. 17
  12. sugar
  13. True
  14. a running cost
  15. 130
  16. a price board
  17. a one-time cost
  18. True
  19. No
  20. card paper
  21. a juicer
  22. Yes
  23. False
  24. 15
  25. No
  26. 532
  27. card paper
  28. a cloth banner
  29. Yes
  30. 230
  31. 434
  32. a cash box
  33. 394
  34. No
  35. a one-time cost
  36. a one-time cost
  37. a running cost
  38. Yes
  39. a cooler box
  40. No

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