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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 111 · 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.Meera’s stall budget is ₹390. Lemons cost ₹50, ribbon cost ₹120 and card paper cost ₹20. How many rupees of the budget are left?
  2. 2.Which of these is a running cost? (a) a cooler box (b) a cash box (c) a price board (d) ice
  3. 3.Lakshmi plans to make 49 friendship bands. Each needs ₹7 of materials, and a banner costs ₹200 once. What total budget is needed (in ₹)?
  4. 4.Which of these is a one-time cost? (a) a folding table (b) sugar (c) paper cups (d) card paper
  5. 5.Aarav has ₹240 to spend on lemons. One lemon costs ₹5. What is the greatest number of lemons Aarav can buy?
  6. 6.Rohan has a budget of ₹300. The stock costs ₹80 and the stall fee is ₹180. Is the budget enough? (a) No (b) Yes
  7. 7.Which of these is a running cost? (a) a price board (b) a cash box (c) a cooler box (d) tea leaves and milk
  8. 8.True or false: “paper cups” is a one-time cost. (a) False (b) True
  9. 9.📒 One-time cost or running cost: paper cups? (a) a one-time cost (b) a running cost
  10. 10.Which of these is a one-time cost? (a) ice (b) sugar (c) seeds and soil (d) a price board
  11. 11.📒 One-time cost or running cost: ice? (a) a one-time cost (b) a running cost
  12. 12.Which of these is a one-time cost? (a) seeds and soil (b) sugar (c) a cash box (d) paper cups
  13. 13.True or false: “card paper” is a one-time cost. (a) False (b) True
  14. 14.Tara plans to make 40 friendship bands. Each needs ₹5 of materials, and a banner costs ₹170 once. What total budget is needed (in ₹)?
  15. 15.Dev plans to make 29 jute bags. Each needs ₹3 of materials, and a banner costs ₹140 once. What total budget is needed (in ₹)?
  16. 16.Which of these is a running cost? (a) a price board (b) a cooler box (c) lemons (d) a juicer
  17. 17.Nisha has a budget of ₹700. The stock costs ₹310 and the stall fee is ₹420. Is the budget enough? (a) No (b) Yes
  18. 18.📒 One-time cost or running cost: a cooler box? (a) a one-time cost (b) a running cost
  19. 19.Arjun has a budget of ₹500. The stock costs ₹180 and the stall fee is ₹340. Is the budget enough? (a) No (b) Yes
  20. 20.Kavya’s stall budget is ₹510. Napkins cost ₹120, ribbon cost ₹80 and lemons cost ₹270. How many rupees of the budget are left?
  21. 21.Ananya has ₹410 to spend on sheets of card paper. One sheet of card paper costs ₹15. What is the greatest number of sheets of card paper Ananya can buy?
  22. 22.Vihaan has ₹210 to spend on lemons. One lemon costs ₹6. What is the greatest number of lemons Vihaan can buy?
  23. 23.True or false: “a cloth banner” is a running cost. (a) False (b) True
  24. 24.True or false: “ice” is a running cost. (a) False (b) True
  25. 25.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  26. 26.True or false: “a price board” is a running cost. (a) True (b) False
  27. 27.Saanvi’s stall budget is ₹920. Card paper cost ₹250, napkins cost ₹210 and seeds cost ₹250. How many rupees of the budget are left?
  28. 28.🔍 Which is the odd one out? (a) ice (b) seeds and soil (c) lemons (d) a price board
  29. 29.📒 One-time cost or running cost: card paper? (a) a one-time cost (b) a running cost
  30. 30.Rohan has a budget of ₹500. The stock costs ₹60 and the stall fee is ₹470. Is the budget enough? (a) Yes (b) No
  31. 31.🔍 Which is the odd one out? (a) lemons (b) a cloth banner (c) sugar (d) seeds and soil
  32. 32.True or false: “paper cups” is a running cost. (a) True (b) False
  33. 33.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
  34. 34.Kavya plans to make 11 fruit cups. Each needs ₹7 of materials, and a banner costs ₹160 once. What total budget is needed (in ₹)?
  35. 35.True or false: “lemons” is a one-time cost. (a) True (b) False
  36. 36.Zoya has a budget of ₹900. The stock costs ₹140 and the stall fee is ₹720. Is the budget enough? (a) Yes (b) No
  37. 37.True or false: “ice” is a one-time cost. (a) True (b) False
  38. 38.Joseph has ₹60 to spend on lemons. One lemon costs ₹8. What is the greatest number of lemons Joseph can buy?
  39. 39.Which of these is a running cost? (a) a folding table (b) a juicer (c) seeds and soil (d) a cash box
  40. 40.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost

Answer key

  1. 200
  2. ice
  3. 543
  4. a folding table
  5. 48
  6. Yes
  7. tea leaves and milk
  8. False
  9. a running cost
  10. a price board
  11. a running cost
  12. a cash box
  13. False
  14. 370
  15. 227
  16. lemons
  17. No
  18. a one-time cost
  19. No
  20. 40
  21. 27
  22. 35
  23. False
  24. True
  25. a one-time cost
  26. False
  27. 210
  28. a price board
  29. a running cost
  30. No
  31. a cloth banner
  32. True
  33. a running cost
  34. 237
  35. False
  36. Yes
  37. False
  38. 7
  39. seeds and soil
  40. a one-time cost

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