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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 275 · 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.Which of these is a running cost? (a) a folding table (b) a cloth banner (c) a price board (d) card paper
  2. 2.Lakshmi’s stall budget is ₹440. A banner cost ₹280, napkins cost ₹100 and sugar cost ₹50. How many rupees of the budget are left?
  3. 3.🔍 Which is the odd one out? (a) a folding table (b) a juicer (c) sugar (d) a price board
  4. 4.🔍 Which is the odd one out? (a) a cloth banner (b) ice (c) a price board (d) a juicer
  5. 5.Ishaan plans to make 23 fruit cups. Each needs ₹2 of materials, and a banner costs ₹110 once. What total budget is needed (in ₹)?
  6. 6.Vihaan’s stall budget is ₹710. A banner cost ₹190, card paper cost ₹220 and a price board cost ₹130. How many rupees of the budget are left?
  7. 7.📒 One-time cost or running cost: a cloth banner? (a) a one-time cost (b) a running cost
  8. 8.🔍 Which is the odd one out? (a) paper cups (b) a juicer (c) a cash box (d) a price board
  9. 9.Which of these is a running cost? (a) a juicer (b) a price board (c) lemons (d) a folding table
  10. 10.Which of these is a running cost? (a) a cash box (b) a cloth banner (c) a folding table (d) sugar
  11. 11.Joseph has ₹440 to spend on packets of seeds. One packet of seeds costs ₹12. What is the greatest number of packets of seeds Joseph can buy?
  12. 12.Ananya has a budget of ₹500. The stock costs ₹230 and the stall fee is ₹280. Is the budget enough? (a) Yes (b) No
  13. 13.Meera has ₹150 to spend on lemons. One lemon costs ₹15. What is the greatest number of lemons Meera can buy?
  14. 14.Which of these is a one-time cost? (a) a folding table (b) ice (c) card paper (d) sugar
  15. 15.Diya plans to make 26 fruit cups. Each needs ₹2 of materials, and a banner costs ₹200 once. What total budget is needed (in ₹)?
  16. 16.Vihaan has ₹310 to spend on packs of cups. One pack of cups costs ₹4. What is the greatest number of packs of cups Vihaan can buy?
  17. 17.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
  18. 18.Saanvi has a budget of ₹1000. The stock costs ₹90 and the stall fee is ₹870. Is the budget enough? (a) No (b) Yes
  19. 19.Which of these is a running cost? (a) a cloth banner (b) a juicer (c) a folding table (d) seeds and soil
  20. 20.Arjun has a budget of ₹600. The stock costs ₹130 and the stall fee is ₹490. Is the budget enough? (a) No (b) Yes
  21. 21.Nisha’s stall budget is ₹660. Lemons cost ₹60, ribbon cost ₹180 and pots cost ₹120. How many rupees of the budget are left?
  22. 22.True or false: “sugar” is a running cost. (a) True (b) False
  23. 23.Which of these is a running cost? (a) a cash box (b) tea leaves and milk (c) a price board (d) a cooler box
  24. 24.Lakshmi’s stall budget is ₹610. A banner cost ₹240, napkins cost ₹20 and paper cups cost ₹250. How many rupees of the budget are left?
  25. 25.Rohan’s stall budget is ₹530. Seeds cost ₹130, ribbon cost ₹160 and napkins cost ₹20. How many rupees of the budget are left?
  26. 26.Saanvi has ₹480 to spend on packs of cups. One pack of cups costs ₹15. What is the greatest number of packs of cups Saanvi can buy?
  27. 27.True or false: “seeds and soil” is a running cost. (a) False (b) True
  28. 28.Nisha has a budget of ₹700. The stock costs ₹260 and the stall fee is ₹490. Is the budget enough? (a) Yes (b) No
  29. 29.Gurpreet plans to make 32 bags of popcorn. Each needs ₹4 of materials, and a banner costs ₹110 once. What total budget is needed (in ₹)?
  30. 30.📒 One-time cost or running cost: lemons? (a) a one-time cost (b) a running cost
  31. 31.Which of these is a one-time cost? (a) paper cups (b) lemons (c) ice (d) a cloth banner
  32. 32.Joseph plans to make 24 cups of lemonade. Each needs ₹9 of materials, and a banner costs ₹60 once. What total budget is needed (in ₹)?
  33. 33.🔍 Which is the odd one out? (a) a cooler box (b) ice (c) tea leaves and milk (d) card paper
  34. 34.Kabir’s stall budget is ₹690. A price board cost ₹70, paper cups cost ₹40 and sugar cost ₹290. How many rupees of the budget are left?
  35. 35.Nisha’s stall budget is ₹570. Pots cost ₹70, card paper cost ₹70 and ribbon cost ₹140. How many rupees of the budget are left?
  36. 36.True or false: “sugar” is a one-time cost. (a) False (b) True
  37. 37.Kavya has a budget of ₹600. The stock costs ₹170 and the stall fee is ₹470. Is the budget enough? (a) No (b) Yes
  38. 38.🔍 Which is the odd one out? (a) a price board (b) a cooler box (c) a folding table (d) card paper
  39. 39.🔍 Which is the odd one out? (a) a juicer (b) seeds and soil (c) a cooler box (d) a cash box
  40. 40.Ishaan plans to make 17 potted plants. Each needs ₹2 of materials, and a banner costs ₹230 once. What total budget is needed (in ₹)?

Answer key

  1. card paper
  2. 10
  3. sugar
  4. ice
  5. 156
  6. 170
  7. a one-time cost
  8. paper cups
  9. lemons
  10. sugar
  11. 36
  12. No
  13. 10
  14. a folding table
  15. 252
  16. 77
  17. a running cost
  18. Yes
  19. seeds and soil
  20. No
  21. 300
  22. True
  23. tea leaves and milk
  24. 100
  25. 220
  26. 32
  27. True
  28. No
  29. 238
  30. a running cost
  31. a cloth banner
  32. 276
  33. a cooler box
  34. 290
  35. 290
  36. False
  37. No
  38. card paper
  39. seeds and soil
  40. 264

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