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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 198 · 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 35 handmade cards. Each needs ₹3 of materials, and a banner costs ₹280 once. What total budget is needed (in ₹)?
  2. 2.Ananya’s stall budget is ₹720. A price board cost ₹290, pots cost ₹170 and ribbon cost ₹170. How many rupees of the budget are left?
  3. 3.Nisha’s stall budget is ₹520. Napkins cost ₹130, paper cups cost ₹70 and pots cost ₹230. How many rupees of the budget are left?
  4. 4.Meera plans to make 20 cupcakes. Each needs ₹4 of materials, and a banner costs ₹70 once. What total budget is needed (in ₹)?
  5. 5.Ananya has a budget of ₹400. The stock costs ₹60 and the stall fee is ₹310. Is the budget enough? (a) No (b) Yes
  6. 6.📒 One-time cost or running cost: card paper? (a) a one-time cost (b) a running cost
  7. 7.Diya plans to make 16 cups of lemonade. Each needs ₹7 of materials, and a banner costs ₹280 once. What total budget is needed (in ₹)?
  8. 8.Ishaan has a budget of ₹1000. The stock costs ₹320 and the stall fee is ₹640. Is the budget enough? (a) Yes (b) No
  9. 9.Kavya has ₹130 to spend on lemons. One lemon costs ₹12. What is the greatest number of lemons Kavya can buy?
  10. 10.Diya has ₹110 to spend on packets of seeds. One packet of seeds costs ₹6. What is the greatest number of packets of seeds Diya can buy?
  11. 11.Lakshmi plans to make 14 fruit cups. Each needs ₹8 of materials, and a banner costs ₹230 once. What total budget is needed (in ₹)?
  12. 12.Aarav’s stall budget is ₹710. Paper cups cost ₹200, lemons cost ₹220 and seeds cost ₹160. How many rupees of the budget are left?
  13. 13.Which of these is a running cost? (a) a price board (b) paper cups (c) a cooler box (d) a folding table
  14. 14.Which of these is a running cost? (a) a cloth banner (b) a price board (c) seeds and soil (d) a cooler box
  15. 15.🔍 Which is the odd one out? (a) lemons (b) paper cups (c) a folding table (d) ice
  16. 16.Ananya plans to make 40 fruit cups. Each needs ₹10 of materials, and a banner costs ₹90 once. What total budget is needed (in ₹)?
  17. 17.Aarav has a budget of ₹300. The stock costs ₹130 and the stall fee is ₹150. Is the budget enough? (a) Yes (b) No
  18. 18.🔍 Which is the odd one out? (a) a cloth banner (b) tea leaves and milk (c) lemons (d) seeds and soil
  19. 19.Farhan has ₹340 to spend on packs of cups. One pack of cups costs ₹4. What is the greatest number of packs of cups Farhan can buy?
  20. 20.True or false: “a folding table” is a running cost. (a) True (b) False
  21. 21.Which of these is a one-time cost? (a) a cooler box (b) tea leaves and milk (c) sugar (d) card paper
  22. 22.🔍 Which is the odd one out? (a) paper cups (b) a cash box (c) seeds and soil (d) card paper
  23. 23.Farhan plans to make 48 friendship bands. Each needs ₹5 of materials, and a banner costs ₹50 once. What total budget is needed (in ₹)?
  24. 24.Ishaan has a budget of ₹400. The stock costs ₹110 and the stall fee is ₹320. Is the budget enough? (a) No (b) Yes
  25. 25.Meera’s stall budget is ₹550. Card paper cost ₹50, sugar cost ₹210 and paper cups cost ₹70. How many rupees of the budget are left?
  26. 26.🔍 Which is the odd one out? (a) a folding table (b) a cooler box (c) sugar (d) a cash box
  27. 27.Dev plans to make 34 cupcakes. Each needs ₹5 of materials, and a banner costs ₹220 once. What total budget is needed (in ₹)?
  28. 28.True or false: “a cash box” is a one-time cost. (a) False (b) True
  29. 29.🔍 Which is the odd one out? (a) a cooler box (b) tea leaves and milk (c) paper cups (d) seeds and soil
  30. 30.True or false: “a cloth banner” is a running cost. (a) False (b) True
  31. 31.📒 One-time cost or running cost: a cooler box? (a) a one-time cost (b) a running cost
  32. 32.Riya has ₹500 to spend on sheets of card paper. One sheet of card paper costs ₹5. What is the greatest number of sheets of card paper Riya can buy?
  33. 33.Tara has ₹420 to spend on rolls of ribbon. One roll of ribbon costs ₹4. What is the greatest number of rolls of ribbon Tara can buy?
  34. 34.📒 One-time cost or running cost: a cloth banner? (a) a one-time cost (b) a running cost
  35. 35.📒 One-time cost or running cost: seeds and soil? (a) a running cost (b) a one-time cost
  36. 36.True or false: “lemons” is a one-time cost. (a) False (b) True
  37. 37.Aarav has a budget of ₹400. The stock costs ₹180 and the stall fee is ₹200. Is the budget enough? (a) Yes (b) No
  38. 38.Nisha has ₹110 to spend on rolls of ribbon. One roll of ribbon costs ₹5. What is the greatest number of rolls of ribbon Nisha can buy?
  39. 39.True or false: “seeds and soil” is a running cost. (a) False (b) True
  40. 40.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost

Answer key

  1. 385
  2. 90
  3. 90
  4. 150
  5. Yes
  6. a running cost
  7. 392
  8. Yes
  9. 10
  10. 18
  11. 342
  12. 130
  13. paper cups
  14. seeds and soil
  15. a folding table
  16. 490
  17. Yes
  18. a cloth banner
  19. 85
  20. False
  21. a cooler box
  22. a cash box
  23. 290
  24. No
  25. 220
  26. sugar
  27. 390
  28. True
  29. a cooler box
  30. False
  31. a one-time cost
  32. 100
  33. 105
  34. a one-time cost
  35. a running cost
  36. False
  37. Yes
  38. 22
  39. True
  40. a one-time cost

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