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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 427 · 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.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  2. 2.Vihaan’s stall budget is ₹890. Napkins cost ₹280, ribbon cost ₹260 and a price board cost ₹300. How many rupees of the budget are left?
  3. 3.Meera has ₹450 to spend on packs of cups. One pack of cups costs ₹5. What is the greatest number of packs of cups Meera can buy?
  4. 4.Dev has a budget of ₹300. The stock costs ₹70 and the stall fee is ₹260. Is the budget enough? (a) No (b) Yes
  5. 5.Riya plans to make 14 clay diyas. Each needs ₹10 of materials, and a banner costs ₹290 once. What total budget is needed (in ₹)?
  6. 6.True or false: “ice” is a running cost. (a) True (b) False
  7. 7.Aarav’s stall budget is ₹630. Napkins cost ₹100, sugar cost ₹90 and card paper cost ₹150. How many rupees of the budget are left?
  8. 8.True or false: “a cooler box” is a one-time cost. (a) True (b) False
  9. 9.Aarav has ₹220 to spend on packs of cups. One pack of cups costs ₹4. What is the greatest number of packs of cups Aarav can buy?
  10. 10.📒 One-time cost or running cost: card paper? (a) a running cost (b) a one-time cost
  11. 11.🔍 Which is the odd one out? (a) a cloth banner (b) seeds and soil (c) lemons (d) paper cups
  12. 12.🔍 Which is the odd one out? (a) seeds and soil (b) sugar (c) tea leaves and milk (d) a juicer
  13. 13.True or false: “sugar” is a one-time cost. (a) True (b) False
  14. 14.🔍 Which is the odd one out? (a) tea leaves and milk (b) sugar (c) a price board (d) card paper
  15. 15.Zoya plans to make 33 clay diyas. Each needs ₹8 of materials, and a banner costs ₹290 once. What total budget is needed (in ₹)?
  16. 16.Rohan plans to make 31 cupcakes. Each needs ₹7 of materials, and a banner costs ₹120 once. What total budget is needed (in ₹)?
  17. 17.📒 One-time cost or running cost: a cloth banner? (a) a one-time cost (b) a running cost
  18. 18.True or false: “ice” is a one-time cost. (a) False (b) True
  19. 19.Ananya’s stall budget is ₹1040. Ribbon cost ₹300, sugar cost ₹170 and seeds cost ₹270. How many rupees of the budget are left?
  20. 20.📒 One-time cost or running cost: ice? (a) a running cost (b) a one-time cost
  21. 21.Meera plans to make 40 paper bookmarks. Each needs ₹2 of materials, and a banner costs ₹180 once. What total budget is needed (in ₹)?
  22. 22.True or false: “card paper” is a one-time cost. (a) True (b) False
  23. 23.Gurpreet plans to make 42 friendship bands. Each needs ₹8 of materials, and a banner costs ₹230 once. What total budget is needed (in ₹)?
  24. 24.Ishaan plans to make 39 potted plants. Each needs ₹2 of materials, and a banner costs ₹130 once. What total budget is needed (in ₹)?
  25. 25.Vihaan plans to make 47 cupcakes. Each needs ₹2 of materials, and a banner costs ₹60 once. What total budget is needed (in ₹)?
  26. 26.Tara has a budget of ₹800. The stock costs ₹240 and the stall fee is ₹550. Is the budget enough? (a) No (b) Yes
  27. 27.Which of these is a one-time cost? (a) tea leaves and milk (b) ice (c) a cloth banner (d) paper cups
  28. 28.Ananya’s stall budget is ₹740. Paper cups cost ₹300, seeds cost ₹70 and a price board cost ₹190. How many rupees of the budget are left?
  29. 29.🔍 Which is the odd one out? (a) a folding table (b) a cloth banner (c) seeds and soil (d) a cash box
  30. 30.Which of these is a running cost? (a) a price board (b) a cloth banner (c) ice (d) a folding table
  31. 31.True or false: “paper cups” is a one-time cost. (a) True (b) False
  32. 32.Tara plans to make 34 cupcakes. Each needs ₹3 of materials, and a banner costs ₹70 once. What total budget is needed (in ₹)?
  33. 33.Which of these is a one-time cost? (a) seeds and soil (b) a price board (c) card paper (d) tea leaves and milk
  34. 34.Lakshmi’s stall budget is ₹500. Paper cups cost ₹50, a banner cost ₹130 and card paper cost ₹120. How many rupees of the budget are left?
  35. 35.Farhan plans to make 13 painted pebbles. Each needs ₹2 of materials, and a banner costs ₹200 once. What total budget is needed (in ₹)?
  36. 36.Saanvi’s stall budget is ₹1010. Lemons cost ₹210, napkins cost ₹290 and a banner cost ₹300. How many rupees of the budget are left?
  37. 37.Kabir has ₹110 to spend on sheets of card paper. One sheet of card paper costs ₹15. What is the greatest number of sheets of card paper Kabir can buy?
  38. 38.Ishaan has ₹440 to spend on lemons. One lemon costs ₹6. What is the greatest number of lemons Ishaan can buy?
  39. 39.Which of these is a running cost? (a) paper cups (b) a cooler box (c) a price board (d) a cloth banner
  40. 40.Aarav’s stall budget is ₹420. Card paper cost ₹160, napkins cost ₹80 and pots cost ₹40. How many rupees of the budget are left?

Answer key

  1. a one-time cost
  2. 50
  3. 90
  4. No
  5. 430
  6. True
  7. 290
  8. True
  9. 55
  10. a running cost
  11. a cloth banner
  12. a juicer
  13. False
  14. a price board
  15. 554
  16. 337
  17. a one-time cost
  18. False
  19. 300
  20. a running cost
  21. 260
  22. False
  23. 566
  24. 208
  25. 154
  26. Yes
  27. a cloth banner
  28. 180
  29. seeds and soil
  30. ice
  31. False
  32. 172
  33. a price board
  34. 200
  35. 226
  36. 210
  37. 7
  38. 73
  39. paper cups
  40. 140

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