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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 953 · 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.Diya plans to make 47 cups of lemonade. Each needs ₹9 of materials, and a banner costs ₹210 once. What total budget is needed (in ₹)?
  2. 2.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  3. 3.Arjun has a budget of ₹300. The stock costs ₹140 and the stall fee is ₹120. Is the budget enough? (a) Yes (b) No
  4. 4.True or false: “a cloth banner” is a running cost. (a) True (b) False
  5. 5.Farhan has a budget of ₹700. The stock costs ₹110 and the stall fee is ₹610. Is the budget enough? (a) Yes (b) No
  6. 6.Nisha plans to make 26 bags of popcorn. Each needs ₹4 of materials, and a banner costs ₹290 once. What total budget is needed (in ₹)?
  7. 7.📒 One-time cost or running cost: sugar? (a) a one-time cost (b) a running cost
  8. 8.Which of these is a running cost? (a) a folding table (b) a price board (c) a cloth banner (d) seeds and soil
  9. 9.Which of these is a running cost? (a) a cash box (b) a cloth banner (c) a price board (d) paper cups
  10. 10.True or false: “ice” is a running cost. (a) True (b) False
  11. 11.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost
  12. 12.Which of these is a running cost? (a) a cooler box (b) a juicer (c) sugar (d) a folding table
  13. 13.🔍 Which is the odd one out? (a) a cooler box (b) a price board (c) a cloth banner (d) seeds and soil
  14. 14.Nisha’s stall budget is ₹690. Seeds cost ₹240, napkins cost ₹110 and paper cups cost ₹270. How many rupees of the budget are left?
  15. 15.True or false: “a cooler box” is a running cost. (a) True (b) False
  16. 16.True or false: “sugar” is a one-time cost. (a) True (b) False
  17. 17.📒 One-time cost or running cost: card paper? (a) a one-time cost (b) a running cost
  18. 18.Lakshmi has ₹170 to spend on lemons. One lemon costs ₹4. What is the greatest number of lemons Lakshmi can buy?
  19. 19.📒 One-time cost or running cost: seeds and soil? (a) a one-time cost (b) a running cost
  20. 20.🔍 Which is the odd one out? (a) sugar (b) a folding table (c) a cash box (d) a price board
  21. 21.Rohan plans to make 46 jute bags. Each needs ₹5 of materials, and a banner costs ₹60 once. What total budget is needed (in ₹)?
  22. 22.Saanvi’s stall budget is ₹510. Sugar cost ₹20, ribbon cost ₹100 and a banner cost ₹90. How many rupees of the budget are left?
  23. 23.True or false: “paper cups” is a one-time cost. (a) False (b) True
  24. 24.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost
  25. 25.Aarav plans to make 20 handmade cards. Each needs ₹4 of materials, and a banner costs ₹60 once. What total budget is needed (in ₹)?
  26. 26.Diya has ₹320 to spend on sheets of card paper. One sheet of card paper costs ₹4. What is the greatest number of sheets of card paper Diya can buy?
  27. 27.Which of these is a one-time cost? (a) tea leaves and milk (b) a price board (c) lemons (d) sugar
  28. 28.Which of these is a running cost? (a) a cloth banner (b) a folding table (c) ice (d) a price board
  29. 29.🔍 Which is the odd one out? (a) paper cups (b) seeds and soil (c) ice (d) a cloth banner
  30. 30.Nisha plans to make 17 potted plants. Each needs ₹5 of materials, and a banner costs ₹140 once. What total budget is needed (in ₹)?
  31. 31.Which of these is a running cost? (a) a folding table (b) a cloth banner (c) a juicer (d) card paper
  32. 32.Meera’s stall budget is ₹650. Sugar cost ₹80, paper cups cost ₹220 and a price board cost ₹250. How many rupees of the budget are left?
  33. 33.Farhan’s stall budget is ₹640. Sugar cost ₹170, napkins cost ₹180 and a banner cost ₹250. How many rupees of the budget are left?
  34. 34.True or false: “seeds and soil” is a one-time cost. (a) True (b) False
  35. 35.Arjun has a budget of ₹900. The stock costs ₹260 and the stall fee is ₹650. Is the budget enough? (a) Yes (b) No
  36. 36.Rohan’s stall budget is ₹560. Napkins cost ₹230, pots cost ₹70 and ribbon cost ₹110. How many rupees of the budget are left?
  37. 37.True or false: “a cloth banner” is a one-time cost. (a) True (b) False
  38. 38.Which of these is a one-time cost? (a) a cooler box (b) seeds and soil (c) tea leaves and milk (d) lemons
  39. 39.Gurpreet has a budget of ₹600. The stock costs ₹130 and the stall fee is ₹520. Is the budget enough? (a) No (b) Yes
  40. 40.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost

Answer key

  1. 633
  2. a one-time cost
  3. Yes
  4. False
  5. No
  6. 394
  7. a running cost
  8. seeds and soil
  9. paper cups
  10. True
  11. a one-time cost
  12. sugar
  13. seeds and soil
  14. 70
  15. False
  16. False
  17. a running cost
  18. 42
  19. a running cost
  20. sugar
  21. 290
  22. 300
  23. False
  24. a one-time cost
  25. 140
  26. 80
  27. a price board
  28. ice
  29. a cloth banner
  30. 225
  31. card paper
  32. 100
  33. 40
  34. False
  35. No
  36. 150
  37. True
  38. a cooler box
  39. No
  40. a one-time cost

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