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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 442 · 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.Kabir’s stall budget is ₹390. A price board cost ₹20, card paper cost ₹260 and seeds cost ₹80. How many rupees of the budget are left?
  2. 2.True or false: “paper cups” is a running cost. (a) True (b) False
  3. 3.Kabir has a budget of ₹400. The stock costs ₹150 and the stall fee is ₹230. Is the budget enough? (a) No (b) Yes
  4. 4.🔍 Which is the odd one out? (a) seeds and soil (b) a folding table (c) ice (d) tea leaves and milk
  5. 5.🔍 Which is the odd one out? (a) a juicer (b) a price board (c) a cloth banner (d) tea leaves and milk
  6. 6.Which of these is a one-time cost? (a) lemons (b) tea leaves and milk (c) card paper (d) a juicer
  7. 7.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  8. 8.True or false: “card paper” is a one-time cost. (a) True (b) False
  9. 9.Dev plans to make 37 jute bags. Each needs ₹7 of materials, and a banner costs ₹250 once. What total budget is needed (in ₹)?
  10. 10.Kabir has a budget of ₹600. The stock costs ₹280 and the stall fee is ₹310. Is the budget enough? (a) Yes (b) No
  11. 11.True or false: “paper cups” is a one-time cost. (a) True (b) False
  12. 12.Zoya’s stall budget is ₹470. Ribbon cost ₹140, napkins cost ₹150 and pots cost ₹170. How many rupees of the budget are left?
  13. 13.Aarav has ₹490 to spend on rolls of ribbon. One roll of ribbon costs ₹5. What is the greatest number of rolls of ribbon Aarav can buy?
  14. 14.Which of these is a one-time cost? (a) ice (b) a price board (c) paper cups (d) lemons
  15. 15.Zoya has a budget of ₹600. The stock costs ₹190 and the stall fee is ₹390. Is the budget enough? (a) Yes (b) No
  16. 16.Lakshmi’s stall budget is ₹580. Sugar cost ₹70, a banner cost ₹270 and paper cups cost ₹110. How many rupees of the budget are left?
  17. 17.Tara’s stall budget is ₹810. Paper cups cost ₹150, pots cost ₹230 and napkins cost ₹130. How many rupees of the budget are left?
  18. 18.🔍 Which is the odd one out? (a) card paper (b) a cash box (c) a cooler box (d) a folding table
  19. 19.True or false: “tea leaves and milk” is a running cost. (a) False (b) True
  20. 20.Diya has a budget of ₹500. The stock costs ₹50 and the stall fee is ₹500. Is the budget enough? (a) Yes (b) No
  21. 21.True or false: “a cloth banner” is a running cost. (a) False (b) True
  22. 22.True or false: “lemons” is a one-time cost. (a) False (b) True
  23. 23.Which of these is a running cost? (a) a juicer (b) a cloth banner (c) a folding table (d) sugar
  24. 24.Joseph has a budget of ₹500. The stock costs ₹60 and the stall fee is ₹390. Is the budget enough? (a) No (b) Yes
  25. 25.🔍 Which is the odd one out? (a) card paper (b) a price board (c) ice (d) sugar
  26. 26.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  27. 27.Diya has a budget of ₹800. The stock costs ₹60 and the stall fee is ₹750. Is the budget enough? (a) Yes (b) No
  28. 28.Dev plans to make 29 cupcakes. Each needs ₹3 of materials, and a banner costs ₹80 once. What total budget is needed (in ₹)?
  29. 29.Farhan’s stall budget is ₹540. Sugar cost ₹190, a banner cost ₹30 and seeds cost ₹100. How many rupees of the budget are left?
  30. 30.Meera plans to make 48 fruit cups. Each needs ₹5 of materials, and a banner costs ₹210 once. What total budget is needed (in ₹)?
  31. 31.🔍 Which is the odd one out? (a) a cash box (b) a juicer (c) a folding table (d) ice
  32. 32.Joseph plans to make 50 clay diyas. Each needs ₹3 of materials, and a banner costs ₹70 once. What total budget is needed (in ₹)?
  33. 33.🔍 Which is the odd one out? (a) lemons (b) a cooler box (c) a price board (d) a juicer
  34. 34.True or false: “a cash box” is a one-time cost. (a) True (b) False
  35. 35.Kabir has a budget of ₹900. The stock costs ₹130 and the stall fee is ₹800. Is the budget enough? (a) No (b) Yes
  36. 36.Riya’s stall budget is ₹410. Napkins cost ₹80, pots cost ₹110 and a banner cost ₹80. How many rupees of the budget are left?
  37. 37.True or false: “a cash box” is a running cost. (a) False (b) True
  38. 38.🔍 Which is the odd one out? (a) lemons (b) sugar (c) paper cups (d) a cooler box
  39. 39.Lakshmi plans to make 32 friendship bands. Each needs ₹5 of materials, and a banner costs ₹80 once. What total budget is needed (in ₹)?
  40. 40.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost

Answer key

  1. 30
  2. True
  3. Yes
  4. a folding table
  5. tea leaves and milk
  6. a juicer
  7. a one-time cost
  8. False
  9. 509
  10. Yes
  11. False
  12. 10
  13. 98
  14. a price board
  15. Yes
  16. 130
  17. 300
  18. card paper
  19. True
  20. No
  21. False
  22. False
  23. sugar
  24. Yes
  25. a price board
  26. a one-time cost
  27. No
  28. 167
  29. 220
  30. 450
  31. ice
  32. 220
  33. lemons
  34. True
  35. No
  36. 140
  37. False
  38. a cooler box
  39. 240
  40. a one-time cost

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