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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 179 · 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.Joseph plans to make 12 glasses of chai. Each needs ₹2 of materials, and a banner costs ₹160 once. What total budget is needed (in ₹)?
  2. 2.Vihaan has a budget of ₹400. The stock costs ₹80 and the stall fee is ₹320. Is the budget enough? (a) No (b) Yes
  3. 3.🔍 Which is the odd one out? (a) ice (b) sugar (c) a juicer (d) paper cups
  4. 4.Which of these is a running cost? (a) a cash box (b) a juicer (c) a cooler box (d) paper cups
  5. 5.🔍 Which is the odd one out? (a) card paper (b) a cloth banner (c) paper cups (d) tea leaves and milk
  6. 6.Kabir has ₹380 to spend on lemons. One lemon costs ₹4. What is the greatest number of lemons Kabir can buy?
  7. 7.🔍 Which is the odd one out? (a) seeds and soil (b) a cash box (c) card paper (d) ice
  8. 8.Arjun’s stall budget is ₹430. Paper cups cost ₹180, pots cost ₹150 and seeds cost ₹30. How many rupees of the budget are left?
  9. 9.🔍 Which is the odd one out? (a) a juicer (b) tea leaves and milk (c) a price board (d) a cash box
  10. 10.Meera’s stall budget is ₹720. A price board cost ₹110, napkins cost ₹300 and a banner cost ₹290. How many rupees of the budget are left?
  11. 11.Which of these is a one-time cost? (a) tea leaves and milk (b) sugar (c) a folding table (d) lemons
  12. 12.Rohan’s stall budget is ₹400. A price board cost ₹160, napkins cost ₹130 and a banner cost ₹80. How many rupees of the budget are left?
  13. 13.Aarav plans to make 19 fruit cups. Each needs ₹8 of materials, and a banner costs ₹210 once. What total budget is needed (in ₹)?
  14. 14.🔍 Which is the odd one out? (a) lemons (b) a folding table (c) card paper (d) seeds and soil
  15. 15.True or false: “a cash box” is a running cost. (a) False (b) True
  16. 16.Which of these is a one-time cost? (a) lemons (b) sugar (c) ice (d) a cash box
  17. 17.🔍 Which is the odd one out? (a) a cooler box (b) seeds and soil (c) a price board (d) a folding table
  18. 18.Joseph has a budget of ₹600. The stock costs ₹90 and the stall fee is ₹480. Is the budget enough? (a) Yes (b) No
  19. 19.Riya plans to make 24 painted pebbles. Each needs ₹10 of materials, and a banner costs ₹60 once. What total budget is needed (in ₹)?
  20. 20.Which of these is a running cost? (a) a price board (b) a cash box (c) seeds and soil (d) a cloth banner
  21. 21.True or false: “a juicer” is a one-time cost. (a) False (b) True
  22. 22.Which of these is a running cost? (a) a juicer (b) a cloth banner (c) lemons (d) a cooler box
  23. 23.Which of these is a one-time cost? (a) lemons (b) sugar (c) a cloth banner (d) tea leaves and milk
  24. 24.Riya has ₹450 to spend on packs of cups. One pack of cups costs ₹6. What is the greatest number of packs of cups Riya can buy?
  25. 25.Ishaan has ₹440 to spend on sheets of card paper. One sheet of card paper costs ₹10. What is the greatest number of sheets of card paper Ishaan can buy?
  26. 26.Kavya has ₹50 to spend on packs of cups. One pack of cups costs ₹20. What is the greatest number of packs of cups Kavya can buy?
  27. 27.🔍 Which is the odd one out? (a) a folding table (b) paper cups (c) a cloth banner (d) a cooler box
  28. 28.📒 One-time cost or running cost: sugar? (a) a one-time cost (b) a running cost
  29. 29.Meera has a budget of ₹500. The stock costs ₹130 and the stall fee is ₹320. Is the budget enough? (a) No (b) Yes
  30. 30.True or false: “tea leaves and milk” is a one-time cost. (a) True (b) False
  31. 31.True or false: “a cloth banner” is a running cost. (a) True (b) False
  32. 32.Rohan has ₹440 to spend on lemons. One lemon costs ₹12. What is the greatest number of lemons Rohan can buy?
  33. 33.Gurpreet plans to make 15 friendship bands. Each needs ₹6 of materials, and a banner costs ₹80 once. What total budget is needed (in ₹)?
  34. 34.True or false: “a juicer” is a running cost. (a) True (b) False
  35. 35.Nisha’s stall budget is ₹510. A banner cost ₹50, napkins cost ₹100 and a price board cost ₹70. How many rupees of the budget are left?
  36. 36.Meera plans to make 18 handmade cards. Each needs ₹5 of materials, and a banner costs ₹200 once. What total budget is needed (in ₹)?
  37. 37.Kavya has a budget of ₹600. The stock costs ₹110 and the stall fee is ₹440. Is the budget enough? (a) Yes (b) No
  38. 38.Vihaan has a budget of ₹400. The stock costs ₹100 and the stall fee is ₹300. Is the budget enough? (a) Yes (b) No
  39. 39.Saanvi plans to make 40 friendship bands. Each needs ₹2 of materials, and a banner costs ₹70 once. What total budget is needed (in ₹)?
  40. 40.🔍 Which is the odd one out? (a) a cooler box (b) sugar (c) a price board (d) a folding table

Answer key

  1. 184
  2. Yes
  3. a juicer
  4. paper cups
  5. a cloth banner
  6. 95
  7. a cash box
  8. 70
  9. tea leaves and milk
  10. 20
  11. a folding table
  12. 30
  13. 362
  14. a folding table
  15. False
  16. a cash box
  17. seeds and soil
  18. Yes
  19. 300
  20. seeds and soil
  21. True
  22. lemons
  23. a cloth banner
  24. 75
  25. 44
  26. 2
  27. paper cups
  28. a running cost
  29. Yes
  30. False
  31. False
  32. 36
  33. 170
  34. False
  35. 290
  36. 290
  37. Yes
  38. Yes
  39. 150
  40. sugar

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