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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 449 · 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.Which of these is a running cost? (a) a cloth banner (b) lemons (c) a juicer (d) a price board
  2. 2.Diya has ₹480 to spend on rolls of ribbon. One roll of ribbon costs ₹4. What is the greatest number of rolls of ribbon Diya can buy?
  3. 3.Ishaan’s stall budget is ₹530. Napkins cost ₹70, card paper cost ₹70 and seeds cost ₹270. How many rupees of the budget are left?
  4. 4.🔍 Which is the odd one out? (a) a folding table (b) a juicer (c) a cooler box (d) sugar
  5. 5.Arjun has a budget of ₹500. The stock costs ₹130 and the stall fee is ₹400. Is the budget enough? (a) Yes (b) No
  6. 6.Which of these is a one-time cost? (a) a cloth banner (b) ice (c) lemons (d) sugar
  7. 7.True or false: “tea leaves and milk” is a one-time cost. (a) False (b) True
  8. 8.🔍 Which is the odd one out? (a) a folding table (b) a price board (c) a cooler box (d) seeds and soil
  9. 9.Which of these is a running cost? (a) a juicer (b) a price board (c) a folding table (d) sugar
  10. 10.Rohan has a budget of ₹500. The stock costs ₹60 and the stall fee is ₹390. Is the budget enough? (a) Yes (b) No
  11. 11.Dev has a budget of ₹500. The stock costs ₹130 and the stall fee is ₹350. Is the budget enough? (a) No (b) Yes
  12. 12.Which of these is a one-time cost? (a) sugar (b) ice (c) a folding table (d) card paper
  13. 13.📒 One-time cost or running cost: a cloth banner? (a) a one-time cost (b) a running cost
  14. 14.🔍 Which is the odd one out? (a) ice (b) lemons (c) card paper (d) a folding table
  15. 15.🔍 Which is the odd one out? (a) a cooler box (b) a juicer (c) a cash box (d) ice
  16. 16.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  17. 17.True or false: “seeds and soil” is a one-time cost. (a) False (b) True
  18. 18.True or false: “a cloth banner” is a running cost. (a) True (b) False
  19. 19.Joseph’s stall budget is ₹300. Card paper cost ₹100, napkins cost ₹60 and lemons cost ₹50. How many rupees of the budget are left?
  20. 20.Nisha’s stall budget is ₹310. Seeds cost ₹50, ribbon cost ₹140 and a banner cost ₹70. How many rupees of the budget are left?
  21. 21.True or false: “card paper” is a one-time cost. (a) False (b) True
  22. 22.Ishaan plans to make 16 friendship bands. Each needs ₹4 of materials, and a banner costs ₹260 once. What total budget is needed (in ₹)?
  23. 23.Arjun’s stall budget is ₹800. Napkins cost ₹230, a price board cost ₹220 and lemons cost ₹130. How many rupees of the budget are left?
  24. 24.Ishaan has a budget of ₹300. The stock costs ₹50 and the stall fee is ₹200. Is the budget enough? (a) No (b) Yes
  25. 25.Diya’s stall budget is ₹520. Paper cups cost ₹100, ribbon cost ₹100 and a banner cost ₹80. How many rupees of the budget are left?
  26. 26.Dev’s stall budget is ₹560. Ribbon cost ₹230, napkins cost ₹100 and a banner cost ₹50. How many rupees of the budget are left?
  27. 27.📒 One-time cost or running cost: a price board? (a) a one-time cost (b) a running cost
  28. 28.Vihaan plans to make 16 bags of popcorn. Each needs ₹7 of materials, and a banner costs ₹220 once. What total budget is needed (in ₹)?
  29. 29.Meera has ₹90 to spend on packs of cups. One pack of cups costs ₹8. What is the greatest number of packs of cups Meera can buy?
  30. 30.Ananya has ₹280 to spend on packs of cups. One pack of cups costs ₹8. What is the greatest number of packs of cups Ananya can buy?
  31. 31.🔍 Which is the odd one out? (a) paper cups (b) ice (c) a price board (d) card paper
  32. 32.Zoya has ₹170 to spend on sheets of card paper. One sheet of card paper costs ₹20. What is the greatest number of sheets of card paper Zoya can buy?
  33. 33.Which of these is a running cost? (a) a folding table (b) a price board (c) a cloth banner (d) paper cups
  34. 34.Rohan has ₹120 to spend on lemons. One lemon costs ₹20. What is the greatest number of lemons Rohan can buy?
  35. 35.Vihaan’s stall budget is ₹650. A price board cost ₹60, seeds cost ₹90 and paper cups cost ₹240. How many rupees of the budget are left?
  36. 36.Diya’s stall budget is ₹620. Sugar cost ₹230, pots cost ₹30 and a price board cost ₹260. How many rupees of the budget are left?
  37. 37.Which of these is a running cost? (a) tea leaves and milk (b) a folding table (c) a cooler box (d) a cash box
  38. 38.Kavya has a budget of ₹700. The stock costs ₹270 and the stall fee is ₹440. Is the budget enough? (a) No (b) Yes
  39. 39.Nisha has a budget of ₹900. The stock costs ₹80 and the stall fee is ₹850. Is the budget enough? (a) No (b) Yes
  40. 40.Farhan plans to make 33 handmade cards. Each needs ₹7 of materials, and a banner costs ₹250 once. What total budget is needed (in ₹)?

Answer key

  1. lemons
  2. 120
  3. 120
  4. sugar
  5. No
  6. a cloth banner
  7. False
  8. seeds and soil
  9. sugar
  10. Yes
  11. Yes
  12. a folding table
  13. a one-time cost
  14. a folding table
  15. ice
  16. a one-time cost
  17. False
  18. False
  19. 90
  20. 50
  21. False
  22. 324
  23. 220
  24. Yes
  25. 240
  26. 180
  27. a one-time cost
  28. 332
  29. 11
  30. 35
  31. a price board
  32. 8
  33. paper cups
  34. 6
  35. 260
  36. 100
  37. tea leaves and milk
  38. No
  39. No
  40. 481

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