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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 292 · 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 juicer (c) ice (d) a price board
  2. 2.Tara has ₹60 to spend on packets of seeds. One packet of seeds costs ₹5. What is the greatest number of packets of seeds Tara can buy?
  3. 3.Riya’s stall budget is ₹490. Pots cost ₹80, sugar cost ₹160 and card paper cost ₹140. How many rupees of the budget are left?
  4. 4.Rohan’s stall budget is ₹870. Lemons cost ₹160, a price board cost ₹170 and pots cost ₹260. How many rupees of the budget are left?
  5. 5.🔍 Which is the odd one out? (a) a juicer (b) a price board (c) paper cups (d) a folding table
  6. 6.Joseph has a budget of ₹400. The stock costs ₹100 and the stall fee is ₹280. Is the budget enough? (a) No (b) Yes
  7. 7.Joseph plans to make 13 paper bookmarks. Each needs ₹4 of materials, and a banner costs ₹90 once. What total budget is needed (in ₹)?
  8. 8.Tara’s stall budget is ₹650. Sugar cost ₹170, a banner cost ₹270 and seeds cost ₹160. How many rupees of the budget are left?
  9. 9.📒 One-time cost or running cost: sugar? (a) a running cost (b) a one-time cost
  10. 10.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
  11. 11.Diya has ₹410 to spend on sheets of card paper. One sheet of card paper costs ₹12. What is the greatest number of sheets of card paper Diya can buy?
  12. 12.Riya has ₹180 to spend on sheets of card paper. One sheet of card paper costs ₹4. What is the greatest number of sheets of card paper Riya can buy?
  13. 13.True or false: “a price board” is a running cost. (a) True (b) False
  14. 14.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost
  15. 15.Nisha plans to make 26 friendship bands. Each needs ₹3 of materials, and a banner costs ₹250 once. What total budget is needed (in ₹)?
  16. 16.Nisha’s stall budget is ₹640. Paper cups cost ₹180, card paper cost ₹220 and ribbon cost ₹150. How many rupees of the budget are left?
  17. 17.🔍 Which is the odd one out? (a) paper cups (b) a cooler box (c) ice (d) lemons
  18. 18.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost
  19. 19.Diya has a budget of ₹800. The stock costs ₹130 and the stall fee is ₹620. Is the budget enough? (a) Yes (b) No
  20. 20.Which of these is a one-time cost? (a) a cloth banner (b) tea leaves and milk (c) paper cups (d) sugar
  21. 21.🔍 Which is the odd one out? (a) tea leaves and milk (b) card paper (c) paper cups (d) a price board
  22. 22.Saanvi’s stall budget is ₹640. Sugar cost ₹250, pots cost ₹240 and a price board cost ₹100. How many rupees of the budget are left?
  23. 23.Arjun plans to make 17 potted plants. Each needs ₹9 of materials, and a banner costs ₹170 once. What total budget is needed (in ₹)?
  24. 24.Which of these is a one-time cost? (a) a cooler box (b) paper cups (c) tea leaves and milk (d) lemons
  25. 25.Lakshmi’s stall budget is ₹660. Seeds cost ₹200, napkins cost ₹200 and a banner cost ₹60. How many rupees of the budget are left?
  26. 26.Meera’s stall budget is ₹820. Seeds cost ₹200, ribbon cost ₹210 and sugar cost ₹240. How many rupees of the budget are left?
  27. 27.Which of these is a one-time cost? (a) tea leaves and milk (b) a cash box (c) ice (d) seeds and soil
  28. 28.True or false: “a cash box” is a one-time cost. (a) False (b) True
  29. 29.Lakshmi plans to make 23 cups of lemonade. Each needs ₹6 of materials, and a banner costs ₹270 once. What total budget is needed (in ₹)?
  30. 30.Arjun has a budget of ₹900. The stock costs ₹430 and the stall fee is ₹430. Is the budget enough? (a) Yes (b) No
  31. 31.Arjun plans to make 19 potted plants. Each needs ₹3 of materials, and a banner costs ₹110 once. What total budget is needed (in ₹)?
  32. 32.Which of these is a running cost? (a) a cash box (b) a folding table (c) sugar (d) a price board
  33. 33.True or false: “lemons” is a running cost. (a) True (b) False
  34. 34.🔍 Which is the odd one out? (a) a cooler box (b) a folding table (c) a juicer (d) card paper
  35. 35.Diya’s stall budget is ₹410. A price board cost ₹140, a banner cost ₹80 and ribbon cost ₹40. How many rupees of the budget are left?
  36. 36.True or false: “seeds and soil” is a one-time cost. (a) True (b) False
  37. 37.Joseph has a budget of ₹800. The stock costs ₹70 and the stall fee is ₹740. Is the budget enough? (a) No (b) Yes
  38. 38.Lakshmi has ₹50 to spend on lemons. One lemon costs ₹15. What is the greatest number of lemons Lakshmi can buy?
  39. 39.Farhan plans to make 39 glasses of chai. Each needs ₹6 of materials, and a banner costs ₹220 once. What total budget is needed (in ₹)?
  40. 40.Arjun’s stall budget is ₹640. Paper cups cost ₹140, a banner cost ₹70 and seeds cost ₹230. How many rupees of the budget are left?

Answer key

  1. ice
  2. 12
  3. 110
  4. 280
  5. paper cups
  6. Yes
  7. 142
  8. 50
  9. a running cost
  10. a running cost
  11. 34
  12. 45
  13. False
  14. a one-time cost
  15. 328
  16. 90
  17. a cooler box
  18. a one-time cost
  19. Yes
  20. a cloth banner
  21. a price board
  22. 50
  23. 323
  24. a cooler box
  25. 200
  26. 170
  27. a cash box
  28. True
  29. 408
  30. Yes
  31. 167
  32. sugar
  33. True
  34. card paper
  35. 150
  36. False
  37. No
  38. 3
  39. 454
  40. 200

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