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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 391 · 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.True or false: “lemons” is a running cost. (a) False (b) True
  2. 2.Zoya plans to make 11 glasses of chai. Each needs ₹7 of materials, and a banner costs ₹150 once. What total budget is needed (in ₹)?
  3. 3.True or false: “a price board” is a running cost. (a) True (b) False
  4. 4.Lakshmi plans to make 12 potted plants. Each needs ₹8 of materials, and a banner costs ₹240 once. What total budget is needed (in ₹)?
  5. 5.Rohan has a budget of ₹300. The stock costs ₹70 and the stall fee is ₹250. Is the budget enough? (a) Yes (b) No
  6. 6.Lakshmi’s stall budget is ₹350. Sugar cost ₹80, a price board cost ₹160 and ribbon cost ₹40. How many rupees of the budget are left?
  7. 7.Which of these is a one-time cost? (a) ice (b) lemons (c) a folding table (d) paper cups
  8. 8.Aarav plans to make 35 friendship bands. Each needs ₹3 of materials, and a banner costs ₹140 once. What total budget is needed (in ₹)?
  9. 9.Which of these is a one-time cost? (a) sugar (b) lemons (c) paper cups (d) a cloth banner
  10. 10.Kavya has a budget of ₹300. The stock costs ₹140 and the stall fee is ₹110. Is the budget enough? (a) No (b) Yes
  11. 11.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  12. 12.Which of these is a one-time cost? (a) lemons (b) card paper (c) a price board (d) tea leaves and milk
  13. 13.Dev plans to make 38 potted plants. Each needs ₹7 of materials, and a banner costs ₹80 once. What total budget is needed (in ₹)?
  14. 14.Diya’s stall budget is ₹780. A price board cost ₹230, napkins cost ₹190 and lemons cost ₹80. How many rupees of the budget are left?
  15. 15.True or false: “a juicer” is a running cost. (a) False (b) True
  16. 16.Which of these is a one-time cost? (a) ice (b) tea leaves and milk (c) a juicer (d) card paper
  17. 17.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
  18. 18.🔍 Which is the odd one out? (a) lemons (b) a cash box (c) a juicer (d) a price board
  19. 19.Which of these is a running cost? (a) a cash box (b) a cloth banner (c) a price board (d) seeds and soil
  20. 20.Lakshmi’s stall budget is ₹510. Paper cups cost ₹120, ribbon cost ₹110 and a banner cost ₹90. How many rupees of the budget are left?
  21. 21.Dev’s stall budget is ₹270. Paper cups cost ₹70, sugar cost ₹110 and lemons cost ₹30. How many rupees of the budget are left?
  22. 22.Riya’s stall budget is ₹470. Lemons cost ₹60, sugar cost ₹220 and napkins cost ₹60. How many rupees of the budget are left?
  23. 23.Farhan has ₹430 to spend on packs of cups. One pack of cups costs ₹5. What is the greatest number of packs of cups Farhan can buy?
  24. 24.Arjun’s stall budget is ₹700. A price board cost ₹190, a banner cost ₹260 and ribbon cost ₹170. How many rupees of the budget are left?
  25. 25.🔍 Which is the odd one out? (a) ice (b) lemons (c) a juicer (d) tea leaves and milk
  26. 26.🔍 Which is the odd one out? (a) a cooler box (b) seeds and soil (c) a price board (d) a juicer
  27. 27.Zoya’s stall budget is ₹470. Pots cost ₹30, card paper cost ₹220 and a price board cost ₹170. How many rupees of the budget are left?
  28. 28.🔍 Which is the odd one out? (a) a cooler box (b) card paper (c) seeds and soil (d) tea leaves and milk
  29. 29.🔍 Which is the odd one out? (a) lemons (b) ice (c) a folding table (d) paper cups
  30. 30.📒 One-time cost or running cost: ice? (a) a one-time cost (b) a running cost
  31. 31.Which of these is a one-time cost? (a) seeds and soil (b) paper cups (c) sugar (d) a cooler box
  32. 32.Meera plans to make 23 friendship bands. Each needs ₹3 of materials, and a banner costs ₹80 once. What total budget is needed (in ₹)?
  33. 33.True or false: “a folding table” is a one-time cost. (a) False (b) True
  34. 34.🔍 Which is the odd one out? (a) a cloth banner (b) paper cups (c) a juicer (d) a cash box
  35. 35.Zoya’s stall budget is ₹790. Ribbon cost ₹270, sugar cost ₹190 and napkins cost ₹80. How many rupees of the budget are left?
  36. 36.🔍 Which is the odd one out? (a) a cash box (b) seeds and soil (c) tea leaves and milk (d) paper cups
  37. 37.🔍 Which is the odd one out? (a) a price board (b) card paper (c) a cloth banner (d) a cooler box
  38. 38.True or false: “sugar” is a running cost. (a) False (b) True
  39. 39.Ananya’s stall budget is ₹500. Lemons cost ₹180, sugar cost ₹30 and napkins cost ₹240. How many rupees of the budget are left?
  40. 40.Tara plans to make 18 painted pebbles. Each needs ₹2 of materials, and a banner costs ₹100 once. What total budget is needed (in ₹)?

Answer key

  1. True
  2. 227
  3. False
  4. 336
  5. No
  6. 70
  7. a folding table
  8. 245
  9. a cloth banner
  10. Yes
  11. a one-time cost
  12. a price board
  13. 346
  14. 280
  15. False
  16. a juicer
  17. a one-time cost
  18. lemons
  19. seeds and soil
  20. 190
  21. 60
  22. 130
  23. 86
  24. 80
  25. a juicer
  26. seeds and soil
  27. 50
  28. a cooler box
  29. a folding table
  30. a running cost
  31. a cooler box
  32. 149
  33. True
  34. paper cups
  35. 250
  36. a cash box
  37. card paper
  38. True
  39. 50
  40. 136

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