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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 939 · 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.Gurpreet plans to make 27 paper bookmarks. Each needs ₹4 of materials, and a banner costs ₹200 once. What total budget is needed (in ₹)?
  2. 2.Nisha’s stall budget is ₹460. Ribbon cost ₹50, pots cost ₹130 and napkins cost ₹50. How many rupees of the budget are left?
  3. 3.🔍 Which is the odd one out? (a) a price board (b) a cash box (c) a juicer (d) ice
  4. 4.📒 One-time cost or running cost: paper cups? (a) a one-time cost (b) a running cost
  5. 5.True or false: “card paper” is a one-time cost. (a) True (b) False
  6. 6.True or false: “a folding table” is a one-time cost. (a) True (b) False
  7. 7.Lakshmi plans to make 37 cups of lemonade. Each needs ₹7 of materials, and a banner costs ₹160 once. What total budget is needed (in ₹)?
  8. 8.Lakshmi’s stall budget is ₹600. Napkins cost ₹220, pots cost ₹250 and a banner cost ₹90. How many rupees of the budget are left?
  9. 9.True or false: “a cooler box” is a one-time cost. (a) False (b) True
  10. 10.Diya plans to make 31 cupcakes. Each needs ₹5 of materials, and a banner costs ₹200 once. What total budget is needed (in ₹)?
  11. 11.Tara’s stall budget is ₹760. Ribbon cost ₹40, paper cups cost ₹200 and lemons cost ₹230. How many rupees of the budget are left?
  12. 12.Which of these is a running cost? (a) a price board (b) a cooler box (c) a cash box (d) tea leaves and milk
  13. 13.🔍 Which is the odd one out? (a) paper cups (b) tea leaves and milk (c) card paper (d) a cooler box
  14. 14.Which of these is a running cost? (a) a price board (b) a cash box (c) a cloth banner (d) ice
  15. 15.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  16. 16.Which of these is a running cost? (a) a folding table (b) a cloth banner (c) lemons (d) a juicer
  17. 17.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
  18. 18.True or false: “tea leaves and milk” is a one-time cost. (a) False (b) True
  19. 19.Aarav’s stall budget is ₹620. Ribbon cost ₹190, seeds cost ₹60 and paper cups cost ₹220. How many rupees of the budget are left?
  20. 20.🔍 Which is the odd one out? (a) a cash box (b) a price board (c) a juicer (d) seeds and soil
  21. 21.🔍 Which is the odd one out? (a) card paper (b) a cloth banner (c) a cash box (d) a folding table
  22. 22.Which of these is a one-time cost? (a) a price board (b) paper cups (c) sugar (d) card paper
  23. 23.Which of these is a one-time cost? (a) a juicer (b) ice (c) card paper (d) tea leaves and milk
  24. 24.True or false: “a cloth banner” is a one-time cost. (a) True (b) False
  25. 25.🔍 Which is the odd one out? (a) a cash box (b) sugar (c) paper cups (d) lemons
  26. 26.Vihaan’s stall budget is ₹460. Seeds cost ₹250, lemons cost ₹100 and paper cups cost ₹20. How many rupees of the budget are left?
  27. 27.Ananya has a budget of ₹700. The stock costs ₹60 and the stall fee is ₹590. Is the budget enough? (a) No (b) Yes
  28. 28.Tara has a budget of ₹1000. The stock costs ₹420 and the stall fee is ₹620. Is the budget enough? (a) Yes (b) No
  29. 29.True or false: “sugar” is a one-time cost. (a) True (b) False
  30. 30.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  31. 31.Arjun has ₹60 to spend on packs of cups. One pack of cups costs ₹8. What is the greatest number of packs of cups Arjun can buy?
  32. 32.Vihaan plans to make 31 cups of lemonade. Each needs ₹10 of materials, and a banner costs ₹140 once. What total budget is needed (in ₹)?
  33. 33.🔍 Which is the odd one out? (a) a cooler box (b) a price board (c) a cloth banner (d) lemons
  34. 34.🔍 Which is the odd one out? (a) a folding table (b) a juicer (c) paper cups (d) a cloth banner
  35. 35.📒 One-time cost or running cost: card paper? (a) a one-time cost (b) a running cost
  36. 36.Arjun has a budget of ₹800. The stock costs ₹340 and the stall fee is ₹500. Is the budget enough? (a) Yes (b) No
  37. 37.Gurpreet has a budget of ₹300. The stock costs ₹110 and the stall fee is ₹220. Is the budget enough? (a) Yes (b) No
  38. 38.True or false: “lemons” is a running cost. (a) False (b) True
  39. 39.Diya’s stall budget is ₹610. Sugar cost ₹300, a banner cost ₹220 and a price board cost ₹20. How many rupees of the budget are left?
  40. 40.Meera plans to make 31 painted pebbles. Each needs ₹3 of materials, and a banner costs ₹120 once. What total budget is needed (in ₹)?

Answer key

  1. 308
  2. 230
  3. ice
  4. a running cost
  5. False
  6. True
  7. 419
  8. 40
  9. True
  10. 355
  11. 290
  12. tea leaves and milk
  13. a cooler box
  14. ice
  15. a one-time cost
  16. lemons
  17. a one-time cost
  18. False
  19. 150
  20. seeds and soil
  21. card paper
  22. a price board
  23. a juicer
  24. True
  25. a cash box
  26. 90
  27. Yes
  28. No
  29. False
  30. a one-time cost
  31. 7
  32. 450
  33. lemons
  34. paper cups
  35. a running cost
  36. No
  37. No
  38. True
  39. 70
  40. 213

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