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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 115 · 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.📒 One-time cost or running cost: card paper? (a) a running cost (b) a one-time cost
  2. 2.Joseph has ₹180 to spend on packs of cups. One pack of cups costs ₹20. What is the greatest number of packs of cups Joseph can buy?
  3. 3.🔍 Which is the odd one out? (a) seeds and soil (b) a cooler box (c) a price board (d) a cloth banner
  4. 4.True or false: “a price board” is a running cost. (a) True (b) False
  5. 5.Diya has a budget of ₹400. The stock costs ₹160 and the stall fee is ₹290. Is the budget enough? (a) Yes (b) No
  6. 6.Ananya plans to make 38 cups of lemonade. Each needs ₹2 of materials, and a banner costs ₹200 once. What total budget is needed (in ₹)?
  7. 7.Meera’s stall budget is ₹840. Napkins cost ₹230, card paper cost ₹110 and seeds cost ₹290. How many rupees of the budget are left?
  8. 8.Ananya has ₹140 to spend on packs of cups. One pack of cups costs ₹6. What is the greatest number of packs of cups Ananya can buy?
  9. 9.Which of these is a running cost? (a) a cash box (b) a juicer (c) sugar (d) a cooler box
  10. 10.True or false: “paper cups” is a one-time cost. (a) True (b) False
  11. 11.Rohan has a budget of ₹1000. The stock costs ₹420 and the stall fee is ₹550. Is the budget enough? (a) No (b) Yes
  12. 12.Gurpreet’s stall budget is ₹700. Ribbon cost ₹90, napkins cost ₹300 and seeds cost ₹90. How many rupees of the budget are left?
  13. 13.Which of these is a one-time cost? (a) ice (b) sugar (c) a price board (d) paper cups
  14. 14.Nisha plans to make 29 handmade cards. Each needs ₹6 of materials, and a banner costs ₹150 once. What total budget is needed (in ₹)?
  15. 15.Aarav has ₹50 to spend on packets of seeds. One packet of seeds costs ₹15. What is the greatest number of packets of seeds Aarav can buy?
  16. 16.Meera has ₹70 to spend on lemons. One lemon costs ₹12. What is the greatest number of lemons Meera can buy?
  17. 17.Rohan’s stall budget is ₹640. Paper cups cost ₹140, napkins cost ₹110 and pots cost ₹220. How many rupees of the budget are left?
  18. 18.Riya plans to make 12 glasses of chai. Each needs ₹6 of materials, and a banner costs ₹250 once. What total budget is needed (in ₹)?
  19. 19.Gurpreet’s stall budget is ₹320. Ribbon cost ₹100, pots cost ₹70 and lemons cost ₹60. How many rupees of the budget are left?
  20. 20.Zoya plans to make 12 clay diyas. Each needs ₹3 of materials, and a banner costs ₹120 once. What total budget is needed (in ₹)?
  21. 21.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  22. 22.🔍 Which is the odd one out? (a) paper cups (b) a folding table (c) tea leaves and milk (d) seeds and soil
  23. 23.Farhan has ₹340 to spend on sheets of card paper. One sheet of card paper costs ₹12. What is the greatest number of sheets of card paper Farhan can buy?
  24. 24.📒 One-time cost or running cost: a price board? (a) a one-time cost (b) a running cost
  25. 25.Which of these is a running cost? (a) a cloth banner (b) a price board (c) tea leaves and milk (d) a folding table
  26. 26.Which of these is a one-time cost? (a) sugar (b) seeds and soil (c) a juicer (d) paper cups
  27. 27.Dev has ₹320 to spend on packs of cups. One pack of cups costs ₹20. What is the greatest number of packs of cups Dev can buy?
  28. 28.Joseph’s stall budget is ₹850. A price board cost ₹230, lemons cost ₹160 and paper cups cost ₹170. How many rupees of the budget are left?
  29. 29.Farhan’s stall budget is ₹540. Pots cost ₹80, paper cups cost ₹200 and lemons cost ₹220. How many rupees of the budget are left?
  30. 30.Zoya plans to make 26 handmade cards. Each needs ₹4 of materials, and a banner costs ₹270 once. What total budget is needed (in ₹)?
  31. 31.🔍 Which is the odd one out? (a) a cash box (b) a juicer (c) tea leaves and milk (d) a cooler box
  32. 32.Riya has a budget of ₹1000. The stock costs ₹150 and the stall fee is ₹870. Is the budget enough? (a) Yes (b) No
  33. 33.Kavya’s stall budget is ₹670. Napkins cost ₹90, a price board cost ₹50 and sugar cost ₹290. How many rupees of the budget are left?
  34. 34.🔍 Which is the odd one out? (a) tea leaves and milk (b) a cloth banner (c) paper cups (d) card paper
  35. 35.🔍 Which is the odd one out? (a) sugar (b) a cooler box (c) tea leaves and milk (d) paper cups
  36. 36.Diya plans to make 31 fruit cups. Each needs ₹2 of materials, and a banner costs ₹180 once. What total budget is needed (in ₹)?
  37. 37.Gurpreet has ₹230 to spend on sheets of card paper. One sheet of card paper costs ₹6. What is the greatest number of sheets of card paper Gurpreet can buy?
  38. 38.Kavya’s stall budget is ₹400. A price board cost ₹80, paper cups cost ₹200 and seeds cost ₹70. How many rupees of the budget are left?
  39. 39.Aarav has ₹460 to spend on sheets of card paper. One sheet of card paper costs ₹6. What is the greatest number of sheets of card paper Aarav can buy?
  40. 40.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost

Answer key

  1. a running cost
  2. 9
  3. seeds and soil
  4. False
  5. No
  6. 276
  7. 210
  8. 23
  9. sugar
  10. False
  11. Yes
  12. 220
  13. a price board
  14. 324
  15. 3
  16. 5
  17. 170
  18. 322
  19. 90
  20. 156
  21. a one-time cost
  22. a folding table
  23. 28
  24. a one-time cost
  25. tea leaves and milk
  26. a juicer
  27. 16
  28. 290
  29. 40
  30. 374
  31. tea leaves and milk
  32. No
  33. 240
  34. a cloth banner
  35. a cooler box
  36. 242
  37. 38
  38. 50
  39. 76
  40. a one-time cost

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