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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 182 · 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.Farhan has a budget of ₹400. The stock costs ₹190 and the stall fee is ₹160. Is the budget enough? (a) No (b) Yes
  2. 2.Ishaan’s stall budget is ₹1070. A price board cost ₹260, pots cost ₹260 and sugar cost ₹250. How many rupees of the budget are left?
  3. 3.Farhan has a budget of ₹700. The stock costs ₹60 and the stall fee is ₹620. Is the budget enough? (a) No (b) Yes
  4. 4.True or false: “a juicer” is a running cost. (a) True (b) False
  5. 5.True or false: “seeds and soil” is a one-time cost. (a) True (b) False
  6. 6.True or false: “sugar” is a one-time cost. (a) False (b) True
  7. 7.Ishaan plans to make 12 cupcakes. Each needs ₹8 of materials, and a banner costs ₹90 once. What total budget is needed (in ₹)?
  8. 8.Lakshmi’s stall budget is ₹390. Lemons cost ₹230, sugar cost ₹90 and ribbon cost ₹50. How many rupees of the budget are left?
  9. 9.🔍 Which is the odd one out? (a) paper cups (b) a folding table (c) ice (d) lemons
  10. 10.Which of these is a one-time cost? (a) seeds and soil (b) a price board (c) card paper (d) paper cups
  11. 11.Which of these is a one-time cost? (a) a folding table (b) card paper (c) sugar (d) tea leaves and milk
  12. 12.True or false: “card paper” is a running cost. (a) True (b) False
  13. 13.🔍 Which is the odd one out? (a) tea leaves and milk (b) card paper (c) seeds and soil (d) a cooler box
  14. 14.True or false: “a juicer” is a one-time cost. (a) True (b) False
  15. 15.Rohan’s stall budget is ₹690. Pots cost ₹140, sugar cost ₹260 and a price board cost ₹70. How many rupees of the budget are left?
  16. 16.Rohan has ₹210 to spend on lemons. One lemon costs ₹20. What is the greatest number of lemons Rohan can buy?
  17. 17.Kavya has a budget of ₹600. The stock costs ₹280 and the stall fee is ₹270. Is the budget enough? (a) Yes (b) No
  18. 18.Farhan has ₹430 to spend on lemons. One lemon costs ₹10. What is the greatest number of lemons Farhan can buy?
  19. 19.Kabir plans to make 25 bags of popcorn. Each needs ₹6 of materials, and a banner costs ₹110 once. What total budget is needed (in ₹)?
  20. 20.Dev has ₹350 to spend on rolls of ribbon. One roll of ribbon costs ₹8. What is the greatest number of rolls of ribbon Dev can buy?
  21. 21.🔍 Which is the odd one out? (a) seeds and soil (b) a cloth banner (c) paper cups (d) tea leaves and milk
  22. 22.Which of these is a running cost? (a) a cooler box (b) a folding table (c) tea leaves and milk (d) a price board
  23. 23.Kavya has a budget of ₹1000. The stock costs ₹260 and the stall fee is ₹690. Is the budget enough? (a) Yes (b) No
  24. 24.🔍 Which is the odd one out? (a) a cash box (b) a cloth banner (c) paper cups (d) a folding table
  25. 25.Which of these is a one-time cost? (a) paper cups (b) a cooler box (c) sugar (d) seeds and soil
  26. 26.📒 One-time cost or running cost: ice? (a) a one-time cost (b) a running cost
  27. 27.Which of these is a running cost? (a) a cloth banner (b) a juicer (c) a folding table (d) card paper
  28. 28.Meera plans to make 29 painted pebbles. Each needs ₹6 of materials, and a banner costs ₹60 once. What total budget is needed (in ₹)?
  29. 29.True or false: “a price board” is a one-time cost. (a) False (b) True
  30. 30.Diya plans to make 28 potted plants. Each needs ₹2 of materials, and a banner costs ₹240 once. What total budget is needed (in ₹)?
  31. 31.Which of these is a running cost? (a) a juicer (b) a folding table (c) paper cups (d) a cloth banner
  32. 32.Nisha’s stall budget is ₹240. Napkins cost ₹100, pots cost ₹80 and a banner cost ₹50. How many rupees of the budget are left?
  33. 33.Riya plans to make 28 clay diyas. Each needs ₹5 of materials, and a banner costs ₹60 once. What total budget is needed (in ₹)?
  34. 34.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  35. 35.True or false: “a cash box” is a running cost. (a) True (b) False
  36. 36.Which of these is a running cost? (a) a price board (b) a cloth banner (c) ice (d) a folding table
  37. 37.📒 One-time cost or running cost: paper cups? (a) a one-time cost (b) a running cost
  38. 38.Lakshmi’s stall budget is ₹860. A banner cost ₹300, card paper cost ₹110 and ribbon cost ₹180. How many rupees of the budget are left?
  39. 39.Nisha has a budget of ₹400. The stock costs ₹190 and the stall fee is ₹250. Is the budget enough? (a) Yes (b) No
  40. 40.📒 One-time cost or running cost: lemons? (a) a one-time cost (b) a running cost

Answer key

  1. Yes
  2. 300
  3. Yes
  4. False
  5. False
  6. False
  7. 186
  8. 20
  9. a folding table
  10. a price board
  11. a folding table
  12. True
  13. a cooler box
  14. True
  15. 220
  16. 10
  17. Yes
  18. 43
  19. 260
  20. 43
  21. a cloth banner
  22. tea leaves and milk
  23. Yes
  24. paper cups
  25. a cooler box
  26. a running cost
  27. card paper
  28. 234
  29. True
  30. 296
  31. paper cups
  32. 10
  33. 200
  34. a one-time cost
  35. False
  36. ice
  37. a running cost
  38. 270
  39. No
  40. a running cost

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