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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 954 · 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.Kabir plans to make 14 glasses of chai. Each needs ₹7 of materials, and a banner costs ₹100 once. What total budget is needed (in ₹)?
  2. 2.Which of these is a one-time cost? (a) paper cups (b) lemons (c) tea leaves and milk (d) a cash box
  3. 3.🔍 Which is the odd one out? (a) card paper (b) tea leaves and milk (c) a juicer (d) ice
  4. 4.Which of these is a one-time cost? (a) tea leaves and milk (b) ice (c) paper cups (d) a folding table
  5. 5.True or false: “a price board” is a one-time cost. (a) True (b) False
  6. 6.True or false: “ice” is a one-time cost. (a) False (b) True
  7. 7.Ananya’s stall budget is ₹820. Sugar cost ₹60, seeds cost ₹220 and a banner cost ₹270. How many rupees of the budget are left?
  8. 8.Which of these is a running cost? (a) tea leaves and milk (b) a folding table (c) a juicer (d) a cloth banner
  9. 9.🔍 Which is the odd one out? (a) paper cups (b) tea leaves and milk (c) a folding table (d) lemons
  10. 10.Saanvi has a budget of ₹300. The stock costs ₹80 and the stall fee is ₹200. Is the budget enough? (a) Yes (b) No
  11. 11.True or false: “card paper” is a running cost. (a) False (b) True
  12. 12.📒 One-time cost or running cost: ice? (a) a one-time cost (b) a running cost
  13. 13.Gurpreet has a budget of ₹300. The stock costs ₹140 and the stall fee is ₹150. Is the budget enough? (a) No (b) Yes
  14. 14.Saanvi’s stall budget is ₹580. Lemons cost ₹70, a price board cost ₹210 and card paper cost ₹240. How many rupees of the budget are left?
  15. 15.Saanvi’s stall budget is ₹540. A banner cost ₹230, paper cups cost ₹110 and lemons cost ₹110. How many rupees of the budget are left?
  16. 16.📒 One-time cost or running cost: lemons? (a) a one-time cost (b) a running cost
  17. 17.Riya plans to make 21 cups of lemonade. Each needs ₹2 of materials, and a banner costs ₹190 once. What total budget is needed (in ₹)?
  18. 18.Which of these is a one-time cost? (a) sugar (b) paper cups (c) seeds and soil (d) a juicer
  19. 19.True or false: “sugar” is a one-time cost. (a) True (b) False
  20. 20.Tara has ₹130 to spend on packets of seeds. One packet of seeds costs ₹20. What is the greatest number of packets of seeds Tara can buy?
  21. 21.📒 One-time cost or running cost: sugar? (a) a running cost (b) a one-time cost
  22. 22.Dev’s stall budget is ₹720. A banner cost ₹270, lemons cost ₹180 and card paper cost ₹80. How many rupees of the budget are left?
  23. 23.Dev’s stall budget is ₹460. Card paper cost ₹220, a price board cost ₹70 and a banner cost ₹60. How many rupees of the budget are left?
  24. 24.Meera has a budget of ₹300. The stock costs ₹80 and the stall fee is ₹200. Is the budget enough? (a) No (b) Yes
  25. 25.📒 One-time cost or running cost: tea leaves and milk? (a) a running cost (b) a one-time cost
  26. 26.Which of these is a running cost? (a) a folding table (b) paper cups (c) a cloth banner (d) a price board
  27. 27.Ishaan has ₹140 to spend on lemons. One lemon costs ₹8. What is the greatest number of lemons Ishaan can buy?
  28. 28.🔍 Which is the odd one out? (a) sugar (b) lemons (c) seeds and soil (d) a cloth banner
  29. 29.Tara plans to make 20 friendship bands. Each needs ₹4 of materials, and a banner costs ₹170 once. What total budget is needed (in ₹)?
  30. 30.Ananya plans to make 43 clay diyas. Each needs ₹3 of materials, and a banner costs ₹160 once. What total budget is needed (in ₹)?
  31. 31.Aarav has ₹430 to spend on sheets of card paper. One sheet of card paper costs ₹15. What is the greatest number of sheets of card paper Aarav can buy?
  32. 32.Dev plans to make 40 jute bags. Each needs ₹10 of materials, and a banner costs ₹140 once. What total budget is needed (in ₹)?
  33. 33.Kabir’s stall budget is ₹550. Paper cups cost ₹80, a banner cost ₹100 and ribbon cost ₹240. How many rupees of the budget are left?
  34. 34.Which of these is a running cost? (a) a juicer (b) a folding table (c) sugar (d) a cloth banner
  35. 35.True or false: “a folding table” is a one-time cost. (a) False (b) True
  36. 36.True or false: “a cloth banner” is a running cost. (a) False (b) True
  37. 37.Rohan has a budget of ₹400. The stock costs ₹60 and the stall fee is ₹310. Is the budget enough? (a) No (b) Yes
  38. 38.Lakshmi’s stall budget is ₹440. A price board cost ₹110, seeds cost ₹100 and ribbon cost ₹190. How many rupees of the budget are left?
  39. 39.True or false: “a folding table” is a running cost. (a) False (b) True
  40. 40.Which of these is a running cost? (a) a folding table (b) a juicer (c) card paper (d) a cooler box

Answer key

  1. 198
  2. a cash box
  3. a juicer
  4. a folding table
  5. True
  6. False
  7. 270
  8. tea leaves and milk
  9. a folding table
  10. Yes
  11. True
  12. a running cost
  13. Yes
  14. 60
  15. 90
  16. a running cost
  17. 232
  18. a juicer
  19. False
  20. 6
  21. a running cost
  22. 190
  23. 110
  24. Yes
  25. a running cost
  26. paper cups
  27. 17
  28. a cloth banner
  29. 250
  30. 289
  31. 28
  32. 540
  33. 130
  34. sugar
  35. True
  36. False
  37. Yes
  38. 40
  39. False
  40. card paper

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