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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 444 · 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.Riya plans to make 22 paper bookmarks. Each needs ₹7 of materials, and a banner costs ₹60 once. What total budget is needed (in ₹)?
  2. 2.Meera has a budget of ₹300. The stock costs ₹120 and the stall fee is ₹130. Is the budget enough? (a) Yes (b) No
  3. 3.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost
  4. 4.🔍 Which is the odd one out? (a) a juicer (b) a price board (c) seeds and soil (d) a cloth banner
  5. 5.🔍 Which is the odd one out? (a) paper cups (b) ice (c) card paper (d) a folding table
  6. 6.Lakshmi’s stall budget is ₹800. Lemons cost ₹280, seeds cost ₹260 and card paper cost ₹190. How many rupees of the budget are left?
  7. 7.True or false: “paper cups” is a one-time cost. (a) True (b) False
  8. 8.Which of these is a running cost? (a) a folding table (b) paper cups (c) a juicer (d) a cooler box
  9. 9.Arjun has a budget of ₹800. The stock costs ₹190 and the stall fee is ₹610. Is the budget enough? (a) Yes (b) No
  10. 10.📒 One-time cost or running cost: ice? (a) a running cost (b) a one-time cost
  11. 11.True or false: “a cooler box” is a one-time cost. (a) False (b) True
  12. 12.Which of these is a one-time cost? (a) sugar (b) paper cups (c) tea leaves and milk (d) a folding table
  13. 13.Which of these is a one-time cost? (a) a juicer (b) tea leaves and milk (c) paper cups (d) lemons
  14. 14.Kavya has a budget of ₹500. The stock costs ₹90 and the stall fee is ₹440. Is the budget enough? (a) No (b) Yes
  15. 15.📒 One-time cost or running cost: sugar? (a) a running cost (b) a one-time cost
  16. 16.Ananya’s stall budget is ₹650. Paper cups cost ₹200, a banner cost ₹30 and pots cost ₹290. How many rupees of the budget are left?
  17. 17.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  18. 18.Riya plans to make 12 painted pebbles. Each needs ₹2 of materials, and a banner costs ₹100 once. What total budget is needed (in ₹)?
  19. 19.Rohan has ₹240 to spend on rolls of ribbon. One roll of ribbon costs ₹8. What is the greatest number of rolls of ribbon Rohan can buy?
  20. 20.Rohan has ₹220 to spend on sheets of card paper. One sheet of card paper costs ₹6. What is the greatest number of sheets of card paper Rohan can buy?
  21. 21.Rohan plans to make 26 friendship bands. Each needs ₹5 of materials, and a banner costs ₹260 once. What total budget is needed (in ₹)?
  22. 22.📒 One-time cost or running cost: paper cups? (a) a one-time cost (b) a running cost
  23. 23.Meera plans to make 32 handmade cards. Each needs ₹2 of materials, and a banner costs ₹220 once. What total budget is needed (in ₹)?
  24. 24.Dev plans to make 41 cups of lemonade. Each needs ₹3 of materials, and a banner costs ₹50 once. What total budget is needed (in ₹)?
  25. 25.Ishaan has a budget of ₹1000. The stock costs ₹450 and the stall fee is ₹530. Is the budget enough? (a) No (b) Yes
  26. 26.Gurpreet plans to make 32 potted plants. Each needs ₹2 of materials, and a banner costs ₹250 once. What total budget is needed (in ₹)?
  27. 27.📒 One-time cost or running cost: a cash box? (a) a one-time cost (b) a running cost
  28. 28.Diya has ₹130 to spend on sheets of card paper. One sheet of card paper costs ₹6. What is the greatest number of sheets of card paper Diya can buy?
  29. 29.🔍 Which is the odd one out? (a) a cloth banner (b) a cooler box (c) a juicer (d) paper cups
  30. 30.Arjun plans to make 47 painted pebbles. Each needs ₹5 of materials, and a banner costs ₹240 once. What total budget is needed (in ₹)?
  31. 31.Meera plans to make 49 potted plants. Each needs ₹2 of materials, and a banner costs ₹270 once. What total budget is needed (in ₹)?
  32. 32.🔍 Which is the odd one out? (a) card paper (b) a cloth banner (c) ice (d) tea leaves and milk
  33. 33.Joseph’s stall budget is ₹890. A price board cost ₹220, paper cups cost ₹280 and seeds cost ₹90. How many rupees of the budget are left?
  34. 34.Gurpreet has a budget of ₹600. The stock costs ₹130 and the stall fee is ₹480. Is the budget enough? (a) No (b) Yes
  35. 35.🔍 Which is the odd one out? (a) a price board (b) card paper (c) paper cups (d) lemons
  36. 36.Rohan plans to make 45 jute bags. Each needs ₹8 of materials, and a banner costs ₹260 once. What total budget is needed (in ₹)?
  37. 37.Dev has a budget of ₹900. The stock costs ₹370 and the stall fee is ₹570. Is the budget enough? (a) Yes (b) No
  38. 38.Which of these is a running cost? (a) a cloth banner (b) a cash box (c) sugar (d) a price board
  39. 39.Ananya plans to make 26 glasses of chai. Each needs ₹4 of materials, and a banner costs ₹200 once. What total budget is needed (in ₹)?
  40. 40.🔍 Which is the odd one out? (a) a cloth banner (b) sugar (c) a price board (d) a cash box

Answer key

  1. 214
  2. Yes
  3. a one-time cost
  4. seeds and soil
  5. a folding table
  6. 70
  7. False
  8. paper cups
  9. Yes
  10. a running cost
  11. True
  12. a folding table
  13. a juicer
  14. No
  15. a running cost
  16. 130
  17. a one-time cost
  18. 124
  19. 30
  20. 36
  21. 390
  22. a running cost
  23. 284
  24. 173
  25. Yes
  26. 314
  27. a one-time cost
  28. 21
  29. paper cups
  30. 475
  31. 368
  32. a cloth banner
  33. 300
  34. No
  35. a price board
  36. 620
  37. No
  38. sugar
  39. 304
  40. sugar

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