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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 26 · 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.Rohan’s stall budget is ₹570. Lemons cost ₹30, a banner cost ₹240 and card paper cost ₹230. How many rupees of the budget are left?
  2. 2.Ishaan plans to make 47 paper bookmarks. Each needs ₹2 of materials, and a banner costs ₹210 once. What total budget is needed (in ₹)?
  3. 3.Which of these is a running cost? (a) a folding table (b) lemons (c) a price board (d) a cloth banner
  4. 4.🔍 Which is the odd one out? (a) tea leaves and milk (b) paper cups (c) card paper (d) a folding table
  5. 5.📒 One-time cost or running cost: paper cups? (a) a running cost (b) a one-time cost
  6. 6.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  7. 7.Which of these is a one-time cost? (a) card paper (b) lemons (c) a cash box (d) ice
  8. 8.Which of these is a one-time cost? (a) ice (b) lemons (c) a cooler box (d) sugar
  9. 9.True or false: “card paper” is a running cost. (a) True (b) False
  10. 10.Lakshmi plans to make 11 paper bookmarks. Each needs ₹7 of materials, and a banner costs ₹300 once. What total budget is needed (in ₹)?
  11. 11.Ishaan plans to make 36 handmade cards. Each needs ₹4 of materials, and a banner costs ₹70 once. What total budget is needed (in ₹)?
  12. 12.Which of these is a running cost? (a) a folding table (b) seeds and soil (c) a juicer (d) a cloth banner
  13. 13.True or false: “a folding table” is a running cost. (a) True (b) False
  14. 14.True or false: “seeds and soil” is a running cost. (a) True (b) False
  15. 15.📒 One-time cost or running cost: ice? (a) a one-time cost (b) a running cost
  16. 16.Ananya plans to make 34 cupcakes. Each needs ₹3 of materials, and a banner costs ₹240 once. What total budget is needed (in ₹)?
  17. 17.True or false: “paper cups” is a one-time cost. (a) False (b) True
  18. 18.Which of these is a one-time cost? (a) a cloth banner (b) seeds and soil (c) ice (d) card paper
  19. 19.Kabir’s stall budget is ₹540. Lemons cost ₹160, sugar cost ₹90 and pots cost ₹130. How many rupees of the budget are left?
  20. 20.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  21. 21.Which of these is a one-time cost? (a) ice (b) lemons (c) card paper (d) a juicer
  22. 22.Which of these is a running cost? (a) a folding table (b) a cash box (c) sugar (d) a juicer
  23. 23.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
  24. 24.Dev has a budget of ₹600. The stock costs ₹160 and the stall fee is ₹390. Is the budget enough? (a) Yes (b) No
  25. 25.📒 One-time cost or running cost: lemons? (a) a running cost (b) a one-time cost
  26. 26.🔍 Which is the odd one out? (a) ice (b) a cloth banner (c) sugar (d) paper cups
  27. 27.Rohan has a budget of ₹500. The stock costs ₹50 and the stall fee is ₹450. Is the budget enough? (a) Yes (b) No
  28. 28.🔍 Which is the odd one out? (a) ice (b) a cloth banner (c) a juicer (d) a folding table
  29. 29.Farhan has ₹130 to spend on packets of seeds. One packet of seeds costs ₹10. What is the greatest number of packets of seeds Farhan can buy?
  30. 30.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost
  31. 31.True or false: “a juicer” is a one-time cost. (a) False (b) True
  32. 32.Gurpreet has a budget of ₹500. The stock costs ₹60 and the stall fee is ₹470. Is the budget enough? (a) Yes (b) No
  33. 33.Aarav’s stall budget is ₹500. A banner cost ₹20, a price board cost ₹40 and card paper cost ₹290. How many rupees of the budget are left?
  34. 34.Ananya has a budget of ₹1000. The stock costs ₹70 and the stall fee is ₹960. Is the budget enough? (a) Yes (b) No
  35. 35.Which of these is a running cost? (a) a cloth banner (b) a folding table (c) a cooler box (d) ice
  36. 36.Nisha has ₹350 to spend on sheets of card paper. One sheet of card paper costs ₹8. What is the greatest number of sheets of card paper Nisha can buy?
  37. 37.Riya has ₹350 to spend on packets of seeds. One packet of seeds costs ₹8. What is the greatest number of packets of seeds Riya can buy?
  38. 38.Vihaan’s stall budget is ₹450. Sugar cost ₹140, napkins cost ₹140 and paper cups cost ₹110. How many rupees of the budget are left?
  39. 39.Dev’s stall budget is ₹380. Seeds cost ₹70, paper cups cost ₹30 and pots cost ₹180. How many rupees of the budget are left?
  40. 40.🔍 Which is the odd one out? (a) lemons (b) ice (c) a cooler box (d) seeds and soil

Answer key

  1. 70
  2. 304
  3. lemons
  4. a folding table
  5. a running cost
  6. a one-time cost
  7. a cash box
  8. a cooler box
  9. True
  10. 377
  11. 214
  12. seeds and soil
  13. False
  14. True
  15. a running cost
  16. 342
  17. False
  18. a cloth banner
  19. 160
  20. a one-time cost
  21. a juicer
  22. sugar
  23. a running cost
  24. Yes
  25. a running cost
  26. a cloth banner
  27. Yes
  28. ice
  29. 13
  30. a one-time cost
  31. True
  32. No
  33. 150
  34. No
  35. ice
  36. 43
  37. 43
  38. 60
  39. 100
  40. a cooler box

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