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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 194 · 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 has ₹130 to spend on lemons. One lemon costs ₹15. What is the greatest number of lemons Joseph can buy?
  2. 2.Which of these is a one-time cost? (a) seeds and soil (b) paper cups (c) card paper (d) a cooler box
  3. 3.Zoya’s stall budget is ₹460. A banner cost ₹110, pots cost ₹30 and ribbon cost ₹190. How many rupees of the budget are left?
  4. 4.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
  5. 5.True or false: “a juicer” is a one-time cost. (a) True (b) False
  6. 6.Dev’s stall budget is ₹470. Ribbon cost ₹170, pots cost ₹270 and a banner cost ₹20. How many rupees of the budget are left?
  7. 7.True or false: “a price board” is a one-time cost. (a) False (b) True
  8. 8.Which of these is a one-time cost? (a) a price board (b) sugar (c) lemons (d) card paper
  9. 9.Aarav’s stall budget is ₹540. A banner cost ₹110, card paper cost ₹90 and a price board cost ₹70. How many rupees of the budget are left?
  10. 10.🔍 Which is the odd one out? (a) a cloth banner (b) a price board (c) card paper (d) a juicer
  11. 11.Nisha plans to make 37 jute bags. Each needs ₹4 of materials, and a banner costs ₹210 once. What total budget is needed (in ₹)?
  12. 12.Which of these is a running cost? (a) paper cups (b) a juicer (c) a price board (d) a cash box
  13. 13.Arjun plans to make 39 painted pebbles. Each needs ₹4 of materials, and a banner costs ₹130 once. What total budget is needed (in ₹)?
  14. 14.📒 One-time cost or running cost: ice? (a) a running cost (b) a one-time cost
  15. 15.📒 One-time cost or running cost: a price board? (a) a one-time cost (b) a running cost
  16. 16.Nisha has a budget of ₹900. The stock costs ₹140 and the stall fee is ₹750. Is the budget enough? (a) No (b) Yes
  17. 17.🔍 Which is the odd one out? (a) ice (b) a juicer (c) a cloth banner (d) a cash box
  18. 18.Rohan has ₹180 to spend on lemons. One lemon costs ₹10. What is the greatest number of lemons Rohan can buy?
  19. 19.Dev’s stall budget is ₹560. Sugar cost ₹260, pots cost ₹170 and a price board cost ₹60. How many rupees of the budget are left?
  20. 20.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
  21. 21.Nisha has ₹350 to spend on lemons. One lemon costs ₹15. What is the greatest number of lemons Nisha can buy?
  22. 22.📒 One-time cost or running cost: card paper? (a) a running cost (b) a one-time cost
  23. 23.True or false: “a cooler box” is a running cost. (a) False (b) True
  24. 24.Kavya has a budget of ₹400. The stock costs ₹140 and the stall fee is ₹280. Is the budget enough? (a) Yes (b) No
  25. 25.True or false: “seeds and soil” is a one-time cost. (a) True (b) False
  26. 26.Gurpreet’s stall budget is ₹390. Sugar cost ₹150, lemons cost ₹70 and card paper cost ₹20. How many rupees of the budget are left?
  27. 27.Lakshmi has ₹440 to spend on lemons. One lemon costs ₹5. What is the greatest number of lemons Lakshmi can buy?
  28. 28.Ananya plans to make 50 potted plants. Each needs ₹2 of materials, and a banner costs ₹140 once. What total budget is needed (in ₹)?
  29. 29.Lakshmi has a budget of ₹700. The stock costs ₹150 and the stall fee is ₹590. Is the budget enough? (a) Yes (b) No
  30. 30.True or false: “card paper” is a running cost. (a) False (b) True
  31. 31.Kabir has a budget of ₹400. The stock costs ₹70 and the stall fee is ₹300. Is the budget enough? (a) Yes (b) No
  32. 32.🔍 Which is the odd one out? (a) a cloth banner (b) paper cups (c) lemons (d) card paper
  33. 33.📒 One-time cost or running cost: sugar? (a) a one-time cost (b) a running cost
  34. 34.True or false: “ice” is a running cost. (a) False (b) True
  35. 35.🔍 Which is the odd one out? (a) a folding table (b) seeds and soil (c) a cloth banner (d) a juicer
  36. 36.🔍 Which is the odd one out? (a) seeds and soil (b) sugar (c) a juicer (d) lemons
  37. 37.🔍 Which is the odd one out? (a) sugar (b) a price board (c) lemons (d) ice
  38. 38.Farhan plans to make 24 painted pebbles. Each needs ₹10 of materials, and a banner costs ₹60 once. What total budget is needed (in ₹)?
  39. 39.Gurpreet has a budget of ₹800. The stock costs ₹200 and the stall fee is ₹620. Is the budget enough? (a) Yes (b) No
  40. 40.True or false: “a folding table” is a running cost. (a) False (b) True

Answer key

  1. 8
  2. a cooler box
  3. 130
  4. a running cost
  5. True
  6. 10
  7. True
  8. a price board
  9. 270
  10. card paper
  11. 358
  12. paper cups
  13. 286
  14. a running cost
  15. a one-time cost
  16. Yes
  17. ice
  18. 18
  19. 70
  20. a one-time cost
  21. 23
  22. a running cost
  23. False
  24. No
  25. False
  26. 150
  27. 88
  28. 240
  29. No
  30. True
  31. Yes
  32. a cloth banner
  33. a running cost
  34. True
  35. seeds and soil
  36. a juicer
  37. a price board
  38. 300
  39. No
  40. False

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