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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 185 · 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 ₹600. The stock costs ₹50 and the stall fee is ₹590. Is the budget enough? (a) No (b) Yes
  2. 2.Aarav has ₹110 to spend on lemons. One lemon costs ₹5. What is the greatest number of lemons Aarav can buy?
  3. 3.Ananya has ₹460 to spend on packets of seeds. One packet of seeds costs ₹12. What is the greatest number of packets of seeds Ananya can buy?
  4. 4.Saanvi’s stall budget is ₹570. Paper cups cost ₹60, pots cost ₹150 and sugar cost ₹160. How many rupees of the budget are left?
  5. 5.Lakshmi’s stall budget is ₹480. Seeds cost ₹120, a banner cost ₹80 and paper cups cost ₹180. How many rupees of the budget are left?
  6. 6.📒 One-time cost or running cost: a price board? (a) a one-time cost (b) a running cost
  7. 7.True or false: “tea leaves and milk” is a one-time cost. (a) True (b) False
  8. 8.Which of these is a running cost? (a) a folding table (b) a price board (c) a juicer (d) sugar
  9. 9.Meera plans to make 23 friendship bands. Each needs ₹3 of materials, and a banner costs ₹180 once. What total budget is needed (in ₹)?
  10. 10.Dev’s stall budget is ₹900. Seeds cost ₹290, paper cups cost ₹80 and ribbon cost ₹250. How many rupees of the budget are left?
  11. 11.📒 One-time cost or running cost: sugar? (a) a one-time cost (b) a running cost
  12. 12.Diya has a budget of ₹800. The stock costs ₹60 and the stall fee is ₹750. Is the budget enough? (a) Yes (b) No
  13. 13.True or false: “lemons” is a running cost. (a) True (b) False
  14. 14.Lakshmi’s stall budget is ₹910. Pots cost ₹250, ribbon cost ₹290 and paper cups cost ₹70. How many rupees of the budget are left?
  15. 15.Which of these is a one-time cost? (a) seeds and soil (b) lemons (c) tea leaves and milk (d) a juicer
  16. 16.🔍 Which is the odd one out? (a) card paper (b) sugar (c) lemons (d) a folding table
  17. 17.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  18. 18.Tara plans to make 30 cupcakes. Each needs ₹10 of materials, and a banner costs ₹100 once. What total budget is needed (in ₹)?
  19. 19.True or false: “card paper” is a one-time cost. (a) True (b) False
  20. 20.Aarav has ₹370 to spend on packs of cups. One pack of cups costs ₹10. What is the greatest number of packs of cups Aarav can buy?
  21. 21.True or false: “ice” is a one-time cost. (a) True (b) False
  22. 22.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
  23. 23.Farhan has ₹230 to spend on rolls of ribbon. One roll of ribbon costs ₹5. What is the greatest number of rolls of ribbon Farhan can buy?
  24. 24.Lakshmi has a budget of ₹900. The stock costs ₹210 and the stall fee is ₹740. Is the budget enough? (a) Yes (b) No
  25. 25.Farhan’s stall budget is ₹690. Card paper cost ₹110, paper cups cost ₹130 and pots cost ₹200. How many rupees of the budget are left?
  26. 26.Which of these is a running cost? (a) a cash box (b) a folding table (c) a juicer (d) card paper
  27. 27.🔍 Which is the odd one out? (a) a price board (b) a cash box (c) a folding table (d) card paper
  28. 28.Rohan plans to make 18 clay diyas. Each needs ₹2 of materials, and a banner costs ₹290 once. What total budget is needed (in ₹)?
  29. 29.Arjun has ₹140 to spend on packets of seeds. One packet of seeds costs ₹8. What is the greatest number of packets of seeds Arjun can buy?
  30. 30.True or false: “a price board” is a running cost. (a) True (b) False
  31. 31.Tara’s stall budget is ₹450. Seeds cost ₹260, napkins cost ₹60 and paper cups cost ₹40. How many rupees of the budget are left?
  32. 32.True or false: “a cooler box” is a one-time cost. (a) False (b) True
  33. 33.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost
  34. 34.Joseph plans to make 15 cups of lemonade. Each needs ₹5 of materials, and a banner costs ₹50 once. What total budget is needed (in ₹)?
  35. 35.🔍 Which is the odd one out? (a) a juicer (b) a price board (c) a folding table (d) seeds and soil
  36. 36.Kabir’s stall budget is ₹500. Card paper cost ₹20, a price board cost ₹20 and lemons cost ₹280. How many rupees of the budget are left?
  37. 37.True or false: “seeds and soil” is a one-time cost. (a) False (b) True
  38. 38.Meera has ₹160 to spend on lemons. One lemon costs ₹10. What is the greatest number of lemons Meera can buy?
  39. 39.🔍 Which is the odd one out? (a) a price board (b) ice (c) a cash box (d) a cooler box
  40. 40.🔍 Which is the odd one out? (a) a cooler box (b) a price board (c) tea leaves and milk (d) a cloth banner

Answer key

  1. No
  2. 22
  3. 38
  4. 200
  5. 100
  6. a one-time cost
  7. False
  8. sugar
  9. 249
  10. 280
  11. a running cost
  12. No
  13. True
  14. 300
  15. a juicer
  16. a folding table
  17. a one-time cost
  18. 400
  19. False
  20. 37
  21. False
  22. a one-time cost
  23. 46
  24. No
  25. 250
  26. card paper
  27. card paper
  28. 326
  29. 17
  30. False
  31. 90
  32. True
  33. a one-time cost
  34. 125
  35. seeds and soil
  36. 180
  37. False
  38. 16
  39. ice
  40. tea leaves and milk

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