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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 396 · 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.Lakshmi has ₹260 to spend on lemons. One lemon costs ₹4. What is the greatest number of lemons Lakshmi can buy?
  2. 2.Which of these is a running cost? (a) a cloth banner (b) a price board (c) paper cups (d) a cash box
  3. 3.Meera has ₹350 to spend on packets of seeds. One packet of seeds costs ₹4. What is the greatest number of packets of seeds Meera can buy?
  4. 4.📒 One-time cost or running cost: seeds and soil? (a) a one-time cost (b) a running cost
  5. 5.Aarav has a budget of ₹300. The stock costs ₹60 and the stall fee is ₹270. Is the budget enough? (a) Yes (b) No
  6. 6.🔍 Which is the odd one out? (a) a price board (b) lemons (c) a folding table (d) a cash box
  7. 7.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  8. 8.Arjun has a budget of ₹600. The stock costs ₹280 and the stall fee is ₹330. Is the budget enough? (a) No (b) Yes
  9. 9.Zoya has a budget of ₹400. The stock costs ₹180 and the stall fee is ₹170. Is the budget enough? (a) Yes (b) No
  10. 10.Diya’s stall budget is ₹560. A price board cost ₹130, seeds cost ₹110 and ribbon cost ₹260. How many rupees of the budget are left?
  11. 11.Riya plans to make 17 friendship bands. Each needs ₹6 of materials, and a banner costs ₹210 once. What total budget is needed (in ₹)?
  12. 12.Joseph plans to make 25 glasses of chai. Each needs ₹2 of materials, and a banner costs ₹170 once. What total budget is needed (in ₹)?
  13. 13.Ishaan has a budget of ₹800. The stock costs ₹330 and the stall fee is ₹420. Is the budget enough? (a) No (b) Yes
  14. 14.Lakshmi’s stall budget is ₹1080. Lemons cost ₹280, card paper cost ₹260 and a price board cost ₹260. How many rupees of the budget are left?
  15. 15.True or false: “lemons” is a running cost. (a) False (b) True
  16. 16.Kavya has ₹400 to spend on lemons. One lemon costs ₹10. What is the greatest number of lemons Kavya can buy?
  17. 17.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
  18. 18.Nisha has ₹360 to spend on rolls of ribbon. One roll of ribbon costs ₹6. What is the greatest number of rolls of ribbon Nisha can buy?
  19. 19.True or false: “tea leaves and milk” is a one-time cost. (a) False (b) True
  20. 20.🔍 Which is the odd one out? (a) a price board (b) a folding table (c) a juicer (d) tea leaves and milk
  21. 21.Which of these is a running cost? (a) a cloth banner (b) a cooler box (c) a cash box (d) tea leaves and milk
  22. 22.🔍 Which is the odd one out? (a) sugar (b) a cash box (c) a cloth banner (d) a juicer
  23. 23.Arjun’s stall budget is ₹880. Paper cups cost ₹220, ribbon cost ₹260 and napkins cost ₹140. How many rupees of the budget are left?
  24. 24.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost
  25. 25.Arjun’s stall budget is ₹740. A price board cost ₹230, sugar cost ₹160 and napkins cost ₹150. How many rupees of the budget are left?
  26. 26.True or false: “paper cups” is a running cost. (a) True (b) False
  27. 27.📒 One-time cost or running cost: paper cups? (a) a one-time cost (b) a running cost
  28. 28.Meera plans to make 43 friendship bands. Each needs ₹6 of materials, and a banner costs ₹200 once. What total budget is needed (in ₹)?
  29. 29.🔍 Which is the odd one out? (a) tea leaves and milk (b) seeds and soil (c) lemons (d) a price board
  30. 30.True or false: “paper cups” is a one-time cost. (a) False (b) True
  31. 31.True or false: “a cloth banner” is a running cost. (a) False (b) True
  32. 32.Meera plans to make 48 handmade cards. Each needs ₹8 of materials, and a banner costs ₹170 once. What total budget is needed (in ₹)?
  33. 33.Joseph’s stall budget is ₹800. Napkins cost ₹180, a price board cost ₹210 and sugar cost ₹140. How many rupees of the budget are left?
  34. 34.Which of these is a one-time cost? (a) paper cups (b) card paper (c) a juicer (d) tea leaves and milk
  35. 35.🔍 Which is the odd one out? (a) a folding table (b) a juicer (c) a cloth banner (d) paper cups
  36. 36.Rohan has a budget of ₹800. The stock costs ₹80 and the stall fee is ₹710. Is the budget enough? (a) Yes (b) No
  37. 37.Which of these is a running cost? (a) lemons (b) a juicer (c) a cloth banner (d) a cash box
  38. 38.Which of these is a running cost? (a) a cooler box (b) ice (c) a cash box (d) a juicer
  39. 39.Which of these is a running cost? (a) a folding table (b) a cash box (c) seeds and soil (d) a cloth banner
  40. 40.📒 One-time cost or running cost: sugar? (a) a running cost (b) a one-time cost

Answer key

  1. 65
  2. paper cups
  3. 87
  4. a running cost
  5. No
  6. lemons
  7. a one-time cost
  8. No
  9. Yes
  10. 60
  11. 312
  12. 220
  13. Yes
  14. 280
  15. True
  16. 40
  17. a one-time cost
  18. 60
  19. False
  20. tea leaves and milk
  21. tea leaves and milk
  22. sugar
  23. 260
  24. a one-time cost
  25. 200
  26. True
  27. a running cost
  28. 458
  29. a price board
  30. False
  31. False
  32. 554
  33. 270
  34. a juicer
  35. paper cups
  36. Yes
  37. lemons
  38. ice
  39. seeds and soil
  40. a running cost

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